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More than just a Hiccup?
By Staff Reporters
According to TheStreet, health care information company AthenaHealth(ATHN Quote) just announced what seemed like a minor account hiccup.
Last night however, another accounting hiccup for AthenaHealth surfaced, and the health care information company announced that it will be postponing its fourth-quarter earnings.
Link: http://www.thestreet.com/story/10690575/1/athena-health-dives-on-accounting-issues.html
Assessment
Investors now fear that the seemingly isolated accounting events, one right on top of the other, could snowball.
According to one physician-investor,“this looks less like a hiccup, and more like a spasm of the diaphragm, which is innervated by the phrenic nerve.”
Conclusion
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Filed under: Breaking News, Information Technology, Investing, Portfolio Management | Tagged: AthenaHealth, ATHN, phrenic nerve, TheStreet |
The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants 
Wall Street’s Reputation Remains In ‘Doghouse’
Wall Street’s reputation will remain “in the doghouse” as long as trading scandals continue to plague the industry, according to Morgan Stanley Chief Executive Officer James Gorman.
http://www.fa-mag.com/news/wall-street-s-reputation-remains-in-doghouse–gorman-says-12688.html
Dr. Bhata
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