In the recent 2 weeks alone there have been so many developments on the EHR solvency issue, that I had to update the "What's Wrong with the HIT in the USA" slideshow, especially page 40:

"Of the 89 products certified with the 2006 criteria, 11 have had some financial issues, with:

- 1 going bankrupt (AcerMed),
- 2 cutting back on employees and reorganizing to stay alive (OmniMD, Misys),
- Greenway is still functioning without demonstrating a profit,
- On 3/17/2008 Misys and Allscripts announced a plan to merge their operations,
- On 3/17/2008 Bond Technologies was purchased by MediNotes Corporation,
- On 3/18/2008 Medcomsoft admits an inability to significantly penetrate the EHR market, and declares a revamping of its marketing strategy,
- 6 publicly traded stocks (QSII/NextGen, Cerner, QuadraMed, Athenahealth, Allscripts, Medcomsoft) have seen their stock prices slide 30-75% in the past 6 months."

That's 12% of expensive CCHIT-certified EHRs!

The time line area has also been updated with several HIT 3/2008 news.

URL: http://www.box.net/shared/static/635k5hf4s8.ppt

Cheers,
Al