Read Larry Connors' blog – Short Term Trading Strategies
According to the announcement, Healthcare Technology Partners is comprised of a small group of investors and educational institutions, including state, minority and historically black colleges and universities. It also said the group is discussing "partnering opportunities" with Terremark Worldwide.
The Y-12 system is called EMBOS (electronic medical business operations system), and it was developed to maintain the medical records of the Oak Ridge plant's 4,500 employees.
EMBOS is described as a "Web-enabled, comprehensive electronic medical record system that captures patients' current and past medical data, as well as scheduling and workflow."
Y-12, which is managed by B&W Technical Services for the Department of Energy, reportedly developed the system to meet a requirement to have all DOE-related medical records be electronically available by 2015.
George Dailey, Y-12's chief information officer, said in a statement, "In 2005, the federal government came out supporting the use of electronic medical records across its operations. Within a year, DOE issued its requirements. Y-12 immediately went to work to develop a system that not only met this DOE requirement and our own needs, but is considered as a model across the DOE and National Nuclear Security Administration complex. With this licensing, EMBOS will also be available to the private sector."
Joe Wolfe, the president and chairman of Healthcare Technology Partners, said EMBOS could help eliminate the massive volume of paper medical records and improve the efficiency of medical care.
"The way we're currently doing things is obviously not working," Wolfe said in a statement. "Our president has made health care reform a national priority. We intend to make EMBOS a recognized standard for managing these records."
To see more of The Knoxville News-Sentinel or to subscribe to the newspaper, go to http://www.knoxnews.com. Copyright (c) 2009, The Knoxville News-Sentinel, Tenn. Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.
