Practice Fusion Lays Off One Quarter Of Its Workforce
San Francisco-based ambulatory care electronic health record vendor Practice Fusion has laid off 75 employees, about a quarter of its work force. The personnel affected involved those in the engineering, product, marketing and customer success departments. Only mid- and lower-level staff, not executive personnel, was impacted. The restructuring was done to enable the vendor to "become cash flow positive." Practice Fusion, which calls itself the top cloud-based EHR platform for doctors and patients, announced just last month that it had accelerated year over year revenue growth of more than 70 percent and had added 5,000 new . . .