Coleman Research Group’s Healthcare Team facilitates consultations between our clients (institutional investors) and leading healthcare professionals on a wide variety of topics including pharmaceuticals, biotechnology, clinical research, medical devices, healthcare providers, insurance, and regulatory issues.
Our Healthcare network spans technology industries across the globe and includes doctors, researchers, scientists, healthcare executives, consultants, and former regulatory officials.
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Athenahealth shares fall on news of reporting delay
WATERTOWN, MA – After announcing that it would be postponing the release of its fourth quarter financial results, Watertown, Mass.-based athenahealth, Inc. (ATHN), which provides Web-based billing services to providers, saw its shares fall 13 percent in pre-market trading on Friday.
The firm, whose previous CFO, Carl Byers, stepped down at the end of 2009 and was replaced by Tim Adams this past month, was due to publish its earnings on Thursday, but held back, citing an internal accounting review.
At issue is an evaluation of the company's policy related to the timing of amortization for deferred implementation revenue. Money generated from the implementation of new services for customers accounts for six percent or so of athenahealth's revenue.
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Eclipsys, Microsoft partnership looks to open platforms, interoperability
ATLANTA and REDMOND, WA – Eclipsys Corp., an Atlanta-based health IT company, and computer technology giant Microsoft Corp. are planning to integrate their platforms to provide more flexible and interoperable solutions to healthcare providers.
Under the agreement, officials said both companies plan to integrate key components of Eclipsys' Sunrise Enterprise suite of integrated software applications with Microsoft Amalga Unified Intelligence System (UIS), a data aggregation platform that integrates clinical, administrative and financial data from disparate information systems. Officials said the goal of the planned integration is to give providers improved analytic capabilities and help connect estranged and disparate data repositories.
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