Obama's Health-Record Proposal
The U.S. House’s passage of President Barack Obama’s $20 billion proposal to promote electronic health records may do more for George W. Bush’s cousin than for one of Obama’s advisers.
The legislation favors software companies that take a cut of doctors’ bills, such as Athenahealth Inc., run by Jonathan Bush. By contrast, Allscripts-Misys Healthcare Solutions Inc., headed by Glen Tullman, an Obama donor and adviser on health information technology, charges clients upfront for its software and would have benefited more from a failed Senate bill last year.
“Ironic, isn’t it?” said Sean Wieland, an analyst at Piper Jaffray Cos. in San Francisco.