The largest agreement was with the former chief executive of the United Lincoln Hospitals Trust. After raising concerns about patient safety, his agreement included £500,000 and an agreement of silence.
Nicholson was head of West Midlands Strategic Health Authority from 2005 to 2007. WMSHA supervised Stafford Hospital; 1200 patients died at Stafford Hospital as a result of neglect by medical personnel between 2005 and 2008.
Software Required by the Affordable Care Act has Enriched Software Companies. The Benefits to Patients are Unclear.
The Affordable Care Act (ACA), or Obamacare, states, "Not later than January 1, 2012, the Secretary shall develop a plan to integrate reporting on quality measures relating to the meaningful use of electronic health records."
EPIC is a privately held company that provides EHR capabilities. Nearly half the patients in the U.S. will have their records in EPIC. The company's revenue in 2012 was approximately $1.5bn. The CEO is now a billionaire.
It costs MaineHealth $160mn. During the first six months with EPIC, MaineHealth observed an operating loss of $13.4mn, significantly lower than recent past years, which the CEO attributed in part to an inability to accurately charge for services provided.
EPIC has made their database of records proprietary. The CEO states, "We don’t let anyone write on top of our platform, come read our code and study our software. I worry about intellectual property at that point."
According to an article in the New England Journal of Medicine, "More than 700 vendors now produce about 1750 distinct certified products — their systems' inability to work together has not helped doctors or patients."
In speaking with a Venture Capitalist at Accel Partners, Atomic Scroll was told, "We tried to create a company to reverse engineer medical records and make them transferable between software. It was just too hard."