Tue, Jul 17, 2012, 9:19 AM EDT - U.S. Markets open in 11 mins.
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Showing posts with label Information. Show all posts
Showing posts with label Information. Show all posts
Tuesday, July 17, 2012
Monday, July 16, 2012
New MarketScape Report from IDC Health Insights Evaluates Evolution of Health Information Exchange Platform Solutions
FRAMINGHAM, Mass.--(BUSINESS WIRE)--
A new IDC MarketScape report from IDC Health Insights highlights the rapid evolution of the health information exchange (HIE) market. The comprehensive study, IDC MarketScape: U.S. Health Information Exchange Platform Solutions 2012 Vendor Assessment (Doc #HI235816), provides an evaluation of 16 vendors that offer a platform solution for Health Information Exchange. IDC Health Insights defines a platform as having development tools, published APIs, education of technical staff, a broad ecosystem of partners, and professional services. Vendors evaluated for this report include: AT&T, AxSys Technology, Caradigm, Carefx, Certify Data Systems, Covisint, dbMotion, IBM, Infor, InterSystems Corp., Medicity, OptumInsight, Oracle, Orion Health, RelayHealth, and Verizon.
The health information exchange market continues to evolve with the focus shifting from connecting the ecosystem to exchange data and qualify for meaningful use incentives, to turning data into "actionable information" that enables emerging accountable care or collaborative care initiatives. This shift has lead to additional market consolidation among HIE vendors. Since the IDC Health Insights report Vendor Assessment: Industry Short List for Health Information Exchange Technologies was published two years ago (March 2010, Doc #HI222529), seven HIE vendors have been acquired or merged and new, nontraditional players have entered the market including payers and telecommunication companies.
"The IT requirements for health information organizations and evolving care delivery and reimbursement models are too extensive for any one vendor to satisfy," said Lynne Dunbrack, program director, Connected Health IT Strategies at IDC Health Insights. "To address the business and technical requirements of accountable care, in addition to providing core HIE technologies, vendors are responding by developing, partnering, or acquiring analytics, collaborative care, and patient engagement technologies."
Platform-as-a-service will increasingly play an important role in delivering HIE capabilities as vendors look to create an ecosystem of strategic partnerships. Platforms will evolve over time to meet the needs of customers and partners in the ecosystem, often through self development. In contrast, packaged solutions are designed to meet a very specific set of requirements. The IDC MarketScape vendor assessments for HIE technology are not all inclusive as there are other vendors that provide either a packaged or platform solution for HIE. Additional HIE vendors are covered in IDC MarketScape: U.S. Health Information Exchange Packaged Solutions 2012 Vendor Assessment (Doc #HI235830), which covers ten vendors that offer a packaged solution for HIE.
IDC MarketScape criteria selection, weightings, and vendor scores represent well-researched IDC judgment about the market and specific vendors. IDC analysts tailor the range of standard characteristics by which vendors are measured through structured discussions, surveys, and interviews with market leaders, participants and end users. Market weightings are based on user interviews, buyer surveys and the input of a review board of IDC experts in each market. IDC analysts base individual vendor scores, and ultimately vendor positions within the IDC MarketScape, on detailed surveys and interviews with the vendors, publicly available information and end-user experiences in an effort to provide an accurate and consistent assessment of each vendor's characteristics, behavior and capability.
For additional information about this study, or to arrange a one-on-one briefing with Lynne please contact Julie Crotty at 978-877-0053 or Julie@attunecommunications.com. Reports are available to qualified members of the media. For information on purchasing reports, contact insights@idc.com; reporters should email Julie@attunecommunications.com.
About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
About IDC Health Insights
IDC Health Insights assists health businesses and IT leaders, as well as the suppliers who serve them, in making more effective technology decisions by providing accurate, timely, and insightful fact-based research and consulting services. Staffed by senior analysts with decades of industry experience, our global research analyzes and advises on business and technology issues facing the payer, provider and life sciences industries. International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology market. IDC is a subsidiary of IDG, the world’s leading technology, media, research, and events company. For more information, please visit www.idc-hi.com, email info@idc-hi.com, or call 508-935-4445. Visit the IDC Health Insights Community at http://idc-insights-community.com/health
Tuesday, July 10, 2012
Health Information Partnership for Tennessee Winds Down Operations
NASHVILLE, Tenn.--(BUSINESS WIRE)--
Health Information Partnership for Tennessee (HIP TN), an organization created three years ago by providers, payers, consumers and other stakeholders to assist Tennessee in creating a statewide health information exchange (HIE), is planning to wind down operations.
The HIP TN Board voted on June 15 to begin wind down activities after meeting with state officials.
“Given the evolution of HIE across the country, HIP TN’s board of directors decided the best step was to allow the state to operate from a clean slate,” said Dr. Reginald Coopwood, chairman of HIP TN’s board. “We hope the work conducted thus far has been valuable and will provide insight if others plan to implement state-wide HIE in the future.”
HIP TN formed in 2009 to create a statewide health information exchange that would serve as a network of networks for Regional Health Information Organizations (RHIOs) in Tennessee. The state contracted with HIP TN to provide the infrastructure for the exchange. While HIP TN will no longer be responsible for implementing an intrastate HIE in Tennessee, HIE efforts across the state will continue. Specifically, three (RHIOs) within Tennessee are playing a role in health information exchange. The RHIOs are expected to continue securely sharing health information.
“Hundreds of volunteers representing stakeholders from across the healthcare spectrum have contributed countless hours to identifying the healthcare information that needs to be exchanged and developing policies and a framework to exchange that information,” Dr. Coopwood continued. “We’re grateful for their hard work and dedication to HIE.”
There are three RHIOs in Tennessee: MidSouth eHealth Alliance (MSeHA), Middle Tennessee eHealth Connect (MTeHC) and East Tennessee Health Information Network (etHIN).
“The members of the HIP TN Board, and the organizations they represent, believe that secure health information exchange—in the form of electronic health records and other information—will benefit the quality of health care in Tennessee. The board’s vision for a health information exchange network in Tennessee remains, and we hope that vision can be realized down the road,” said Dr. Coopwood.
For more information, go to www.hiptn.org.
Wednesday, June 20, 2012
Outcomes Health Information Solutions Launches MA365™, New Care Management Tool
Wed, Jun 20, 2012, 11:35 AM EDT - U.S. Markets close in 4 hrs 25 mins
Sorry, I could not read the content fromt this page.Tuesday, June 19, 2012
Missouri Health Connection Chooses InterSystems HealthShare for Statewide Health Information Network
COLUMBIA, MO--(Marketwire -06/19/12)- Missouri Health Connection (MHC) and InterSystems Corporation today announced that they have entered into an agreement for InterSystems HealthShare™ to be the technology foundation for Missouri Health Connection's (MHC) statewide health information network.
MHC is the state-designated entity chartered to oversee development of Missouri's statewide health information network that will improve public health and patient care, reduce costs and empower patients. InterSystems is a global leader in health information software for connected care, with a track record of success in developing and supporting health information networks in other states and countries.
InterSystems HealthShare is a strategic healthcare informatics platform. It enables sharing of patient information across multiple systems and active analytics to drive informed action. Selection of HealthShare involved an extensive national search and request for proposals by the MHC board of directors.
"Working with InterSystems to build the Missouri Health Connection network will provide health care providers with fast, secure access to electronic health information, and is essential to helping improve the quality and coordination of care," said Melissa Johnsen, Interim President & CEO of Missouri Health Connection.
MHC's HealthShare-based statewide health information network will be used to serve a population estimated at more than six million patients in Missouri.
"InterSystems welcomes the opportunity to work with MHC to develop and deploy a health information network that will support optimal care delivery to healthcare consumers throughout Missouri," said Paul Grabscheid, InterSystems Vice President of Strategic Planning.
"By giving emergency room doctors, for example, instant and secure access to all of a patient's vital medical information, including medications, allergies, and family medical history, doctors can begin to treat them immediately and effectively -- even if the patient is unconscious," said Sandra Johnson, Missouri Health Connection Board chair. "MHC's network can literally help save more lives."
As the first step in implementation, MHC and InterSystems are working with health care provider organizations around the state to launch two key services: Direct secured messaging and the ability to query a patient's records through a secure cloud-based network. Go live is slated for this summer.
About Missouri Health Connection
Missouri Health Connection is a 501(c)(3) non-profit organization overseen by a public-private board of directors including members from state government, private healthcare organizations, private practice physicians, professional organizations, and consumer advocacy groups. MHC's statewide network will improve healthcare quality and save more lives by improving the coordination of care and promoting informed decision-making by providers, as well as by giving patients more complete and accurate information about their own healthcare. Implementing the Missouri network is also expected to reduce preventable medical errors, minimize duplication of treatment and procedures, and increase efficiency.
For additional information, please visit www.missourihealthconnect.org. You can also connect with MHC at www.facebook.com/MissouriHealthConnection and www.twitter.com/HealthConnectMO.
About InterSystems
InterSystems Corporation is a global leader in software for connected care, with headquarters in Cambridge, Massachusetts and offices in 25 countries. InterSystems HealthShare™ is a strategic healthcare informatics platform for information exchange and analytics within a hospital network, and across a community, region or nation. HealthShare leverages InterSystems' iKnow and DeepSee technologies to unlock all patient information, including unstructured data, and to enable real-time analysis. InterSystems CACHÉ® is the world's most widely used database system in clinical applications. InterSystems Ensemble® is a platform for rapid integration and the development of connectable applications.
InterSystems' products are used by thousands of hospitals and laboratories worldwide, including all 17 hospitals on the Honor Roll of America's Best Hospitals as rated by U.S. News and World Report.
For more information, visit InterSystems.com, www.youtube.com/InterSystemsCorp, www.facebook.com/InterSystems, or @InterSystems on Twitter.
Tuesday, June 12, 2012
Wednesday, June 6, 2012
Keystone Health Information Exchange Expands to Improve Care for Older Adults
Tue, Jun 5, 2012, 8:54 AM EDT - U.S. Markets open in 36 mins.
Sorry, I could not read the content fromt this page.Tuesday, March 6, 2012
Inland Empire HIE Selects Orion Health For Community-Wide Health Information Exchange
Gas Prices Break 27-Day RiseCNNMoney.com
The nationwide average for gasoline prices eased Tuesday, marking the first decline after 27 straight days of increases, …
Tuesday, February 21, 2012
Highmark Selects Verizon to Help Develop First Statewide Health Information Exchange to Improve Patient Care Through ...
NEW YORK and PITTSBURGH, Feb. 21, 2012 /PRNewswire/ -- Patients accessing health care services across Pennsylvania will soon benefit from fewer duplicative diagnostic tests, faster retrieval of clinical information, stronger safety measures and better coordination of care – all via a new IT platform that enables the sharing of patient information across multiple health care systems.
Highmark Inc. on Tuesday (Feb. 21) announced an agreement under which Verizon Enterprise Solutions will deploy and manage the technology infrastructure for Highmark's new health information exchange that will soon link health care organizations across western Pennsylvania that serve millions of people. Highmark also plans to extend its HIE across the state over the next two years.
The first health care organization to join the Highmark project is West Penn Allegheny Health System consisting of Allegheny General Hospital, Allegheny Valley Hospital, Canonsburg General Hospital, Forbes Regional Hospital and Western Pennsylvania Hospital. Other health care organizations intending to participate in the Highmark HIE are: Butler Health System; Jefferson Regional Medical Center; MedExpress Urgent Care; Vantage Health Network (Lake Erie College of Osteopathic Medicine, Meadville Medical Center, Millcreek Community Hospital, Saint Vincent Hospital); and The Washington Hospital. Highmark is also in discussions with other health care organizations across Pennsylvania and West Virginia.
"We welcome all hospitals, physicians and health insurers to become part of our HIE," said Deborah L. Rice, Highmark's executive vice president of health services. "At the very core of this HIE is improved patient care, and that's the foundation of what our customers want from us and their care providers. It's about working collaboratively as a health care community and using the available health care data to provide the best possible care."
As the push to transform health care through technology takes hold, health information exchanges are gaining acceptance. Health care organizations of all sizes and types are using HIEs to overcome the long-standing obstacle of incompatible health IT platforms and software used to store patient data. By facilitating the secure and compliant retrieval and sharing of patient clinical data among participating hospitals, clinics, physician practices and health care plans, the technology helps enable the quality, safety and efficiency of patient care.
"Health information exchanges address many of the interoperability, security and compliance issues that have long impeded the sharing of digital clinical information across the health care ecosystem," said Dr. Peter Tippett, vice president and chief medical officer, Verizon Connected Healthcare Solutions, the company's health IT practice group. "The work we are doing with Highmark underscores the potential health IT has to drive the development of patient-centered care models by unlocking the value of clinical information that's accessible across communities, regions and health care providers."
The Highmark HIE will be powered by the Verizon Health Information Exchange, an interoperable health IT platform delivered via Verizon's cloud-computing infrastructure. The platform consolidates patient clinical data from disparate providers and translates the information into a standardized format for secure access over the Web, offering health care professionals an effective way to obtain a more complete view of a patient's health history. The platform uses strong identity-access-management controls to provide security for sensitive patient information and enables members to retain their existing systems, processes and workflows, thereby reducing the need for additional capital expenditures.
Highmark also has leveraged the expertise of Accenture, a global leader in management consulting and technology services, to assist health care providers with connecting to Highmark's HIE, which has been in development for the past 18 months.
About Highmark Inc.Highmark Inc., based in Pittsburgh, is an independent licensee of the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield plans. Highmark serves 4.8 million members in Pennsylvania and West Virginia through the company's health care benefits business and is one of the largest Blue plans in the nation. Highmark has 19,500 employees across the country. For more than 70 years, Highmark's commitment to the community has consistently been among the company's highest priorities as it strives to positively impact the communities where we do business. For more information, visit www.highmark.com.
Highmark Inc. is an independent licensee of the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield Plans. For more information, visit www.highmark.com.
About VerizonVerizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, with nearly 109 million total connections nationwide. Verizon also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries, including all of the Fortune 500. A Dow 30 company with $111 billion in 2011 revenues, Verizon employs a diverse workforce of nearly 194,000. For more information, visit www.verizon.com.
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at www.verizon.com/news. To receive news releases by email, visit the News Center and register for customized automatic delivery of Verizon news releases.
The Health Information Technology Exchange of Connecticut (HITE-CT) Selects Axway and GE Healthcare for HIE Solution
Tue, Feb 21, 2012, 6:32 AM EST - U.S. Markets open in 2 hrs 58 mins
Sorry, I could not read the content fromt this page.Thursday, January 26, 2012
Peter Neupert, Globally Recognized Health Care Information Technology Executive, Joins Health Evolution Partners As ...
SAN FRANCISCO--(BUSINESS WIRE)-- Health Evolution Partners (HEP), a health care buyout firm, announced today that Peter Neupert has joined the firm as Operating Partner. Mr. Neupert is a health care information technology leader who is globally known for his experience building major health care information technology products and bringing them to market. He will collaborate with HEP’s other operating partners to help the firm’s portfolio companies achieve commercial success.
“As one of the world’s top health information technology executives, Peter will bring immeasurable strength to HEP and our companies,” said David J. Brailer, MD, PhD, CEO of Health Evolution Partners. “His experience, ranging from start-ups to the largest global companies, puts him in a unique position to help our companies be market leaders.”
“I’m excited to join the Health Evolution Partners team and to share my experience launching and growing new health information technology businesses,” said Mr. Neupert. “HEP’s portfolio companies are among the most innovative growth companies in the industry, and I look forward to contributing to their successes.”
Mr. Neupert most recently served as Corporate Vice President of the Microsoft Health Solutions Group since its formation in 2005. Under his leadership, the group brought two primary software platforms to the market: Amalga, a data integration platform, and HealthVault, a personal health application platform. Previously, Mr. Neupert served on the President’s Information Technology Advisory Committee (PITAC) from 2003 to 2005, co-chairing the Health Information Technology subcommittee. Prior to Microsoft, he led drugstore.com Inc., which become a top online retail store and information site during his time as president and CEO from 1998 to 2001. He remained as chairman of the board of directors of drugstore.com Inc. until April 2004.
Mr. Neupert received a M.A. in business administration from the Tuck School of Business at Dartmouth College and B.A. from Colorado College. He is an active member of the Institute of Medicine’s Roundtable on Value & Science-Driven Healthcare and serves on the board of trustees for the Fred Hutchinson Cancer Research Center. He has also served on the boards of GlobalScholars.com (sold to Scantron Corp.), Aquantive.com (sold to Microsoft) and Cranium, Inc. (sold to Hasbro).
About Health Evolution Partners
Health Evolution Partners buys and operates rapidly growing companies that are commercial leaders in the health care industry. We invest around the globe and across the health economy, including services, information technology and life sciences. We form close working partnerships with outstanding management teams and connect our companies to our network of CEOs, policy makers and thought leaders. For more information on Health Evolution Partners, visit www.healthevolutionpartners.com.
Thursday, January 19, 2012
Health Management Associates, Inc. Provides Additional Information Pertaining to Recently Announced General Counsel ...
NAPLES, Fla.--(BUSINESS WIRE)-- Health Management Associates, Inc. (NYSE: HMA - News) announced today that it is providing additional information pertaining to the January 10, 2012 Securities and Exchange Commission’s (“SEC”) Form 8-K filing announcing Timothy R. Parry’s resignation as General Counsel and Secretary.
On January 16, 2012, Health Management’s Senior Vice President of Human Resources, Patrick Lombardo, received a letter from Timothy R. Parry, indicating Mr. Parry’s intent to clarify that his departure from Health Management was based on personal reasons alone and that any speculation that it was related to the Meyer vs. Health Management Associates, Inc. wrongful termination litigation is entirely incorrect.
The text of the letter, in its entirety, follows:
“Dear Patrick:
Unfortunately, it appears the media and stock market wrongly connected my departure from the Company with the Company’s litigation in the Paul Meyer case.
It is my intent with this letter to hopefully clear up and end this speculation. Let me be clear – I resigned from the Company purely for personal reasons, my reasons are my reasons alone, and they have absolutely nothing to do with the Meyer case.
Sincerely,
S/ Timothy R. Parry
Timothy R. Parry”
“Tim has been a valued member of Health Management’s leadership team for the past 16 years, serving as General Counsel for 14 of those years. We are grateful for his years of service to our Company and wish him the very best,” said Gary D. Newsome, President and Chief Executive Officer of Health Management Associates, Inc. “We will continue our search for a new General Counsel and get back to the task at hand, enabling America’s best local healthcare.”
The Meyer v. Health Management Associates, Inc. lawsuit recently received public attention that inaccurately characterized the parties’ allegations and legal claims against each other. “Paul Meyer, as a former Health Management employee, has filed an individual wrongful termination lawsuit,” explains Susan J. Toepfer, Esq., defense counsel for Health Management in the Meyer lawsuit. “The facts will show that Meyer was terminated for insubordinately refusing to cooperate with Health Management’s efforts to comply with its legal obligations under a government subpoena. More specifically, Meyer refused to return documents that were company property and were necessary for Health Management to continue its full and complete cooperation with the government’s request for information.”
The failure of any employee, in this case Meyer, to fully and completely cooperate with the company in response to a subpoena is so fundamentally adverse to the intent and purpose of our compliance department and program that Health Management took immediate and decisive action to terminate Meyer. The facts in the Meyer case will establish that it is Health Management’s wholehearted commitment to full and complete compliance that led to Meyer’s termination.
“Health Management takes very seriously and is committed to ensuring that its hospitals and associates are compliant with all federal and state rules and regulations,” added Newsome. “Based upon this long-standing commitment, Health Management has established and maintained a robust compliance program and policies, as well as a compliance department with a highly qualified staff headed by former FBI agent, Matt Tormey, Vice President of Compliance and Security. Mr. Tormey has a direct reporting line to the Health Management Board of Directors, through the audit committee and the CEO, as the integrity of the organization is of paramount importance.”
Health Management enables America's best local health care by providing the people, processes, capital and expertise necessary for its hospital and physician partners to fulfill their local missions of delivering superior health care services. Health Management, through its subsidiaries, operates 66 hospitals, with approximately 10,400 licensed beds, in non-urban communities located throughout the United States.
All references to "Health Management" and the “Company” used in this release refer to Health Management Associates, Inc. and its affiliates.
Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "estimates," "projects," "anticipates," "believes," "plans," "could" and other similar words. All statements addressing operating performance, events or developments that Health Management Associates, Inc. expects or anticipates will occur in the future, including but not limited to incurrence of indebtedness, projections of revenue, income or loss, capital expenditures, earnings per share, debt structure, bad debt expense, capital structure, repayment of indebtedness, other financial items and operating statistics, statements regarding the plans and objectives of management for future operations, innovations, or market service development, statements regarding acquisitions, joint ventures, divestitures and other proposed or contemplated transactions (including but not limited to statements regarding the potential for future acquisitions and perceived benefits of acquisitions), statements of future economic performance, statements regarding the effects and/or interpretations of recently enacted or future health care laws and regulations, statements of the assumptions underlying or relating to any of the foregoing statements, and other statements which are other than statements of historical fact, are considered to be "forward-looking statements."
Because they are forward-looking, such statements should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties are more fully described in Health Management Associates, Inc.'s most recent Annual Report on Form 10-K, and its most recent Quarterly Report on Form 10-Q, under the headings entitled "Risk Factors." Should one or more of these risks or uncertainties materialize, or should any of Health Management Associates, Inc.'s underlying assumptions prove incorrect, actual results could vary materially from those currently anticipated. In addition, undue reliance should not be placed on Health Management Associates, Inc.'s forward-looking statements. Except as required by law, Health Management Associates, Inc. disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release.
Tuesday, January 17, 2012
Health Management Associates, Inc. Provides Additional Information Pertaining to Recently Announced General Counsel ...
NAPLES, Fla.--(BUSINESS WIRE)-- Health Management Associates, Inc. (NYSE: HMA - News) announced today that it is providing additional information pertaining to the January 10, 2012 Securities and Exchange Commission’s (“SEC”) Form 8-K filing announcing Timothy R. Parry’s resignation as General Counsel and Secretary.
On January 16, 2012, Health Management’s Senior Vice President of Human Resources, Patrick Lombardo, received a letter from Timothy R. Parry, indicating Mr. Parry’s intent to clarify that his departure from Health Management was based on personal reasons alone and that any speculation that it was related to the Meyer vs. Health Management Associates, Inc. wrongful termination litigation is entirely incorrect.
The text of the letter, in its entirety, follows:
“Dear Patrick:
Unfortunately, it appears the media and stock market wrongly connected my departure from the Company with the Company’s litigation in the Paul Meyer case.
It is my intent with this letter to hopefully clear up and end this speculation. Let me be clear – I resigned from the Company purely for personal reasons, my reasons are my reasons alone, and they have absolutely nothing to do with the Meyer case.
Sincerely,
S/ Timothy R. Parry
Timothy R. Parry”
“Tim has been a valued member of Health Management’s leadership team for the past 16 years, serving as General Counsel for 14 of those years. We are grateful for his years of service to our Company and wish him the very best,” said Gary D. Newsome, President and Chief Executive Officer of Health Management Associates, Inc. “We will continue our search for a new General Counsel and get back to the task at hand, enabling America’s best local healthcare.”
The Meyer v. Health Management Associates, Inc. lawsuit recently received public attention that inaccurately characterized the parties’ allegations and legal claims against each other. “Paul Meyer, as a former Health Management employee, has filed an individual wrongful termination lawsuit,” explains Susan J. Toepfer, Esq., defense counsel for Health Management in the Meyer lawsuit. “The facts will show that Meyer was terminated for insubordinately refusing to cooperate with Health Management’s efforts to comply with its legal obligations under a government subpoena. More specifically, Meyer refused to return documents that were company property and were necessary for Health Management to continue its full and complete cooperation with the government’s request for information.”
The failure of any employee, in this case Meyer, to fully and completely cooperate with the company in response to a subpoena is so fundamentally adverse to the intent and purpose of our compliance department and program that Health Management took immediate and decisive action to terminate Meyer. The facts in the Meyer case will establish that it is Health Management’s wholehearted commitment to full and complete compliance that led to Meyer’s termination.
“Health Management takes very seriously and is committed to ensuring that its hospitals and associates are compliant with all federal and state rules and regulations,” added Newsome. “Based upon this long-standing commitment, Health Management has established and maintained a robust compliance program and policies, as well as a compliance department with a highly qualified staff headed by former FBI agent, Matt Tormey, Vice President of Compliance and Security. Mr. Tormey has a direct reporting line to the Health Management Board of Directors, through the audit committee and the CEO, as the integrity of the organization is of paramount importance.”
Health Management enables America's best local health care by providing the people, processes, capital and expertise necessary for its hospital and physician partners to fulfill their local missions of delivering superior health care services. Health Management, through its subsidiaries, operates 66 hospitals, with approximately 10,400 licensed beds, in non-urban communities located throughout the United States.
All references to "Health Management" and the “Company” used in this release refer to Health Management Associates, Inc. and its affiliates.
Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "estimates," "projects," "anticipates," "believes," "plans," "could" and other similar words. All statements addressing operating performance, events or developments that Health Management Associates, Inc. expects or anticipates will occur in the future, including but not limited to incurrence of indebtedness, projections of revenue, income or loss, capital expenditures, earnings per share, debt structure, bad debt expense, capital structure, repayment of indebtedness, other financial items and operating statistics, statements regarding the plans and objectives of management for future operations, innovations, or market service development, statements regarding acquisitions, joint ventures, divestitures and other proposed or contemplated transactions (including but not limited to statements regarding the potential for future acquisitions and perceived benefits of acquisitions), statements of future economic performance, statements regarding the effects and/or interpretations of recently enacted or future health care laws and regulations, statements of the assumptions underlying or relating to any of the foregoing statements, and other statements which are other than statements of historical fact, are considered to be "forward-looking statements."
Because they are forward-looking, such statements should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties are more fully described in Health Management Associates, Inc.'s most recent Annual Report on Form 10-K, and its most recent Quarterly Report on Form 10-Q, under the headings entitled "Risk Factors." Should one or more of these risks or uncertainties materialize, or should any of Health Management Associates, Inc.'s underlying assumptions prove incorrect, actual results could vary materially from those currently anticipated. In addition, undue reliance should not be placed on Health Management Associates, Inc.'s forward-looking statements. Except as required by law, Health Management Associates, Inc. disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release.
Monday, December 26, 2011
Vegetarian Weight Loss <b>Diet</b> Information: Vegetarian <b>Diets</b> | Clean's <b>...</b>
If you want to know how to lose weight, while building lean muscle and getting into the best shape of your life, you can't beat ...
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