| Athenahealth, Led by Bush's Cousin, to File for IPO, People Say
Bush, plans to go public, taking advantage of a U.S. government push to automate health-care records, according to people with knowledge of the matter. Jonathan Bush, 38, plans to file for Athenahealth's initial public offering this month, said the people, who declined to be identified because the decision hasn't been announced. Athenahealth's software automates billing and patient tracking for more than 10,000 doctors, competing with Quality Systems Inc., Allscripts Healthcare Solutions Inc. and units of larger companies such as McKesson Corp., the biggest U.S. drug distributor. Athenahealth may be valued at more than $500 million, said Paul Bard, who follows the IPO market for Renaissance Capital Corp. ``I'm sure it will get a lot of interest because of who is involved,'' said Bard, who is based in Greenwich, Connecticut.
Variety Of Care Offered For Seniors
Often, we find ourselves caring for our children, our grandchildren and our parents, who are rapidly becoming children. At a time in our life when physical, financial and emotional stress have already taken their toll, we find ourselves with more demand on our time, money and sanity than ever before. For the purpose of this column, viable options for senior care will be addressed. Making decisions to change the living arrangements for an adult is never easy, particularly when it's a parent. Most of us delay making those decisions until it's absolutely necessary. In the case of Eldercare, that can have devastating results. If you have to rely on Medicare and Medicaid alone, plan on a two-year waiting list in residential facilities, most with dubious conditions. Even more facilities won't accept public health insurance, and the costs are astronomical.
Victory over care 'lottery' for elderly
Thousands of gravely ill older people will no longer have to spend their savings or sell their homes to pay for round-the-clock medical care, under government guidelines to be revealed this week. Ministers are unveiling measures to tackle the 'postcode lottery' that gives pensioners in some areas free nursing care, but forces others in England to fork out tens of thousands of pounds. Around 70,000 senior citizens are thought to be victims of a scandal caused by some local councils and NHS trusts refusing to take on the expensive burden of looking after older people who have terminal conditions such as cancer and dementia. .
|
