Anthem announces that the information of 80 million of its health insurance customers has been stolen in a “very sophisticated cyberattack.” Luckily for the company, the breach didn’t include either medical information or credit card numbers, or so it says so far. The FBI is investigating. It stands to reason that every breached organization will always claim that the attack was “sophisticated” – nobody would admit that they were hacked by primitive methods that exploited their poorly implemented security.
From Laura Petri: “Re: Roper acquiring Data Innovations. This is interesting because Sunquest has traditionally disliked DI and wrote their own interfaces instead. DI was viewed as a competitor. Wonder how much they paid?” The announcement didn’t break out the $450 million Roper paid for two companies. The company did announce that its three recent health IT acquisitions cost $590 million and will contribute $100 million in annual revenue, which would be a similar multiple as the $1.4 billion it paid in 2012 to buy Sunquest, which had annual revenue of only around $200 million. Apparently Roper doesn’t mind paying six times revenue. Battery Ventures bought Data Innovations in 2010 for an undisclosed price from founders looking to retire, so it surely pocketed some nice gains.
HIStalk Announcements and Requests
This week on HIStalk Practice: Dr. Gregg sheds light on finding HIE successes. ICD-10 expert David Freedman, DPM offers best practices for making the switch by October 1. Rite Aid RediClinics debut – could Whole Foods clinics be far behind? ONC announces new funding for HIT workforce training. Hawaii moves forward with island interoperability. At-risk practices fall into the “digital divide” thanks to IT costs. Researchers offer physicians think-twice tips on Googling patients. Thanks for reading.
This week on HIStalk Connect: Under Armour acquires calorie-counter app MyFitnessPal for $475 million and fitness coaching app Endomondo for $85 million. The acquisitions will bring 100 million active users into Under Armour’s growing digital health ecosystem. ONC publishes a draft version of its ten-year, API-based interoperability roadmap. HIStalk Connect’s newest series Ramp Up kicks off with interviews from early-stage digital health investor Robert Greenglass of Waterline Ventures, and early-stage digital health startup CEO Jacob Sattelmair of Wellframe.
Listening: Australia-based indie rocker Courtney Barnett, who just announced a US tour.
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