Mercury News: Insurers write off investment in MedUnite

The Mercury News has this story about MedUnite: ‘…An attempt by seven big health insurers to take control of electronic services that link them with patients and doctors has run into financial trouble, industry officials said, and most of the companies have written off all or most of their investment. Insurance companies expect to reap enormous savings if they can persuade hundreds of thousands of doctors to use computers and the Internet instead of telephones and paper to submit claims…’ Which also begs the question how is Healtheon/WebMD doing?

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