Healthcare Information Services
(MDRX) Allscripts Healthcare Solutions Debuts New iPad Application
Allscripts Healthcare Solutions (MDRX), a leading player in the health care information technology (“HCIT”) market, reported the launch of Allscripts Wand. It provides clients of Allscripts Electronic...
(QSII) Quality Systems Analyst Downgrades to Neutral
We recently downgraded our recommendation on Quality Systems (QSII) to Neutral. The company reported earnings per share in third-quarter fiscal 2012, which matched the Zacks Consensus Estimate.
Quality...
(MDRX) Allscripts Healthcare Solutions Reports Mixed Bag in Fourth Quarter
Allscripts Healthcare Solutions (MDRX), a leading player in the health care information technology (“HCIT”) market, reported fourth quarter adjusted (excluding one-time items other than stock-based compensation...
(CERN) Healthcare: The Hottest Stock Market Sector in 2012
Too many investors are focused on high unemployment, weak economic growth, problems in the Eurozone and runaway deficit spending. They seldom note the positives, including low inflation, rock-bottom interest rates, falling food and energy prices (coal and natural gas), expanding...
(CERN) Cerner Analyst Remains Neutral on Shares
We reiterate our Neutral rating on Cerner (CERN), a leading healthcare information technology (“HCIT”) solutions provider. Its third quarter adjusted earnings per share of 45 cents met the Zacks Consensus...
(MRGE) Merge Healthcare Unveils Cloud-based Platform
Recently, Merge Healthcare (MRGE) showcased its new cloud-based platform ‘Merge Honeycomb’ along with its first application in the cloud, namely ‘free image sharing’ at the Radiological Society of...
(QSII) Quality Systems Beats Estimates
Quality Systems (QSII) recently reported second-quarter fiscal 2012 (ended September 30) earnings per share of 35 cents, sailing past the Zacks Consensus Estimate of 33 cents (adjusted for the 2:1 stock split)....
(MRGE) Merge Healthcare – Bear of the Day
Merge Healthcare’s (MRGE) growth prospects are highly dependent on capital investments by hospitals for advanced imaging solutions, which are in turn tied to general economic conditions. Moreover, declining...
(MRGE) Merge Healthcare – Bear of the Day
Merge Healthcare’s (MRGE) growth prospects are highly dependent on capital investments by hospitals for advanced imaging solutions, which are in turn tied to general economic conditions. Moreover, declining...
(QSII) Quality Systems Earnings Beat Expectations on Record Revenues
Quality Systems (QSII) reported first-quarter fiscal 2012 (ended June 30) earnings per share of 65 cents, beating the Zacks Consensus Estimates of 62 cents and surpassing the corresponding year-ago earnings...
(MDRX) Allscripts Healthcare Solutions Selected by Aria Health
Allscripts Healthcare Solutions, Inc. (MDRX) was selected by Aria for its Allscripts Community Record, powered by dbMotion, to provide end-to-end connectivity in the health system and the concerned communities.
Aria...
(MDRX) Allscripts Healthcare Solutions Inks Reselling Pact
Electronic health record (“EHR”) services provider Allscripts Healthcare Solutions (MDRX) has forged a reselling deal with Georgia-based cloud-based messaging services and e-commerce solutions provider...
(QSII) Quality Systems NextGen Healthcare Information Systems Unit Does Brisk Business
NextGen Healthcare Information Systems, a fully owned subsidiary of Electronic Health Record (“EHR”) service provider Quality Systems Inc. (QSII), recently revealed that Northeast Valley Health Corporation...
(MRGE) Merge’s Senior Notes Offer Ends
Healthcare information software solutions provider, Merge Healthcare (MRGE) recently completed private offering of $52 million of 11.75% senior secured notes.
The company offered the notes as additional...
(QSII) Deal for Quality Systems’ NextGen
NextGen Healthcare Information Systems, a fully-owned subsidiary of Electronic Health Record (“EHR”) service provider Quality Systems Inc. (QSII), recently revealed that Benefis Health...
(MRGE) Merge Healthcare Issues Senior Notes
Healthcare information software solutions provider, Merge Healthcare (MRGE) recently announced a private offering of $52 million of 11.75% senior secured notes. The issue price is 103% of the principal amount...
(MRGE) Merge Healthcare – Bear of the Day
Merge Healthcare’s (MRGE) first quarter 2011 adjusted EPS of $0.03 was below the year-ago quarter’s $0.05. The company also experienced a 950 bps contraction in gross margin.
Moreover,...
(MDRX) Allscripts Healthcare Solutions Squarely Beats Quarterly Earnings Expectations
Allscripts Healthcare Solutions (MDRX), a leading player in the healthcare information technology (“HCIT”) market, reported fourth quarter adjusted (excluding one-time items) earnings per share of 20...
(MRGE) Merge Healthcare Analyst Upgrades Shares to Outperform
We have recently upgraded Merge Healthcare (MRGE) to Outperform with a target price of $4.75.
Merge reported revenues of $45.2 million, up 167.5% from $16.9 million in the year-ago period. Results...
(MRGE) Merge Healthcare Reports Strong Third Quarter 2010 Earnings
Merge Healthcare (MRGE) reported net loss per share of 6 cents in the third quarter of fiscal 2010 compared with loss of 2 cents in the year-ago period. However, after adjusting for certain items, the company...
(QSII) Quality Systems Signs Contract for Baptist Health Care
Quality Systems’ (QSII) wholly-owned subsidiary NextGen Healthcare has inked a pact with Baptist Health Care, a non-profit healthcare organization serving communities in Florida and Alabama.
Under...
(MDRX) Companies Helping to Solve Medicare Fraud and Waste
by Marc Lichtenfeld, Healthcare Expert
Wednesday, October 13, 2010: Issue...
(QSII) Quality Systems’ Analyst Maintains Neutral Rating on Shares
We reiterate our Neutral recommendation on Quality Systems (QSII) taking into account its well-recognized brand name as a provider of Electronic Health Record (EHR). At the same time, the ambulatory...
(ECLP) Eclipsys Glides on Higher Sales
Eclipsys Corporation’s (ECLP) second-quarter fiscal 2010 adjusted earnings of 16 cents per share outshone the Zacks Consensus Estimate of 10 cents while matching the year-ago earnings....
(MDRX) Allscripts-Misys Healthcare Solutions To Increase Efficiency of Brooklyn Hospital
Allscripts-Misys Healthcare Solutions Inc. (MDRX) recently entered into an agreement with Maimonides Medical Center , the premier academic medical center in Brooklyn. Per the agreement, Maimonides Medical...
(MDRX) Allscripts-Misys Healthcare Solutions Announces New Client
Allscripts-Misys Healthcare Solutions Inc. (MDRX) has recently entered into an agreement with a new client, Community Medical & Dental Care, a federally qualified health center (FQHC). Per the agreement,...
(ECLP) Eclipsys Corporation Blows Away Estimates
Eclipsys Corporation’s (ECLP) first quarter 2010 earnings of 19 cents per share (excluding special items) surpassed the Zacks Consensus Estimate by 9 cents and the year-ago earnings (excluding special items)...
(MRGE) Merge Healthcare Extends Tender Offer
Merge Healthcare Inc. (MRGE) has recently extended the tender offer for all of the outstanding shares of AMICAS Inc. (AMCS) common stock...
(MDRX) Allscripts-Misys Healthcare Solutions Announces New Client, Parkview Health System
Allscripts-Misys Healthcare Solutions, Inc. (MDRX) recently entered an agreement with a new client, Parkview Health System, Inc., whereby the latter has selected the Allscripts Electronic Health Record (EHR),...
(MDRX) Allscripts-Misys Healthcare Solutions Beats Consensus Estimate
Allscripts-Misys Healthcare Solutions, Inc. (MDRX) reported third quarter fiscal 2010 earnings per share of 17 cents, beating both the Zacks Consensus Estimate and the year-ago earnings of 14 cents.
Sales