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January 2007
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eHealth Insider, January 2007; Volume 8, Number 1
Aetna, WellPoint, Horizon join e-script initiative...Trizetto shares hit 6-year high...CA plan could hurt eHealth...Bush calls for “better IT”...WebMD to report gains...WebMD offers free PHRs...Trizetto completes QCSI deal...TMG sues UnitedHealth...Allscripts wins UMass deal...eHealth, services stocks rise...and more...
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AETNA, WELLPOINT, HORIZON BCBS-NJ JOIN E-SCRIPT INITIATIVE
Aetna Inc. (Hartford, CT), WellPoint Inc. (Indianapolis) and Horizon Blue Cross Blue Shield of New Jersey (Newark, NJ) have joined a coalition of technology companies with the goal of providing free e-prescribing capability to every physician in America by 2010.
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TRIZETTO SHARES HIT SIX-YEAR HIGH
It’s been a long hard road for healthcare information technology companies like The Trizetto Group (Newport Beach, CA) ever since the Internet bubble burst.
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BUSH CALLS FOR “BETTER IT” IN HEALTHCARE
In discussing changes needed to reduce the cost and improve the quality of healthcare in American, President Bush said in his State of the Union Address, “We need to reduce costs and medical errors with better information technology.”
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WEBMD OFFERS FREE PERSONAL HEALTH RECORDS
WebMD Health Corp. (New York) announced that it is offering free personal health records, allowing anyone who visits the company’s web site to securely store and maintain their personal health history online. WebMD also provides health assessment tools that allow users to obtain a personal health score and to “take a more active role in managing their families’ health.”
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TRIZETTO COMPLETES PURCHASE OF QCSI
Trizetto Group (Newport Beach, CA) has completed the purchase of Quality Care Solutions Inc. (Phoenix, AZ) for $130 million in cash plus the assumption of $1 million in debt.
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TMG SEEKS $5 MILLION IN LAWSUIT AGAINST UNITEDHEALTH
TMG Health Inc. (King of Prussia, PA) has filed a lawsuit charging that UnitedHealth Group (Minnetonka, MN) reneged on a $5.2 million settlement agreement related to an administrative services outsourcing contract.
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ALLSCRIPTS TO EXPAND EMRs AT UMASS MEMORIAL
Allscripts (Chicago) announced it has won a contract to provide its TouchWorks electronic medical record technology to UMass Memorial Health Care (Worcester, MA) for use by 1000 physicians involved in ambulatory care.
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