Healthcare Information Services

(MDRX) Allscripts Healthcare Solutions Reiterated at Neutral

On May 15, 2013, we reiterated our recommendation for Allscripts Healthcare Solutions, Inc. (MDRX) at Neutral based on the company’s first quarter results.

Allscripts announced results for the reported quarter on May 9. While...

23May2013 | | Comments Off on (MDRX) Allscripts Healthcare Solutions Reiterated at Neutral | Continued

(QSII) Quality Systems Misses Estimate – Profit Wanes

Quality Systems (QSII) reported second quarter fiscal 2013 (ended September 30) adjusted (excluding one-time items) earnings per share of 26 cents. It missed the Zacks Consensus Estimate by a couple of cents and fell short of the...

28Nov2012 | | Comments Off on (QSII) Quality Systems Misses Estimate – Profit Wanes | Continued

(MRGE) Merge Healthcare Gets New Australian Deal

Imaging and interoperability solutions provider, Merge Healthcare (MRGE) announced another addition to its ever-increasing client list with the latest deal with Datapharm Australia Pty Ltd., an Australian Contract Research Organization...

16Oct2012 | | Comments Off on (MRGE) Merge Healthcare Gets New Australian Deal | Continued

(CERN) Cerner Teams Up with CareFusion

Healthcare information technology (HCIT) solutions provider Cerner Corp (CERN) and medical technology company CareFusion (CFN) recently announced the implementation...

8Oct2012 | | Comments Off on (CERN) Cerner Teams Up with CareFusion | Continued

(MRGE) Merge Healthcare Suite Wins Another Deployment

Merge Healthcare (MRGE) continues to expand rapidly through new client wins. Following last week’s agreement with Worldwide Clinical Trials, Inc., a global contract research organization (“CRO”), the company has won another...

18Sep2012 | | Comments Off on (MRGE) Merge Healthcare Suite Wins Another Deployment | Continued

(MRGE) Merge Healthcare Analyst Keeps Neutral on Shares

Recently, we reiterated our Neutral recommendation on Merge Healthcare Inc. (MRGE). Shares of the company surged 9.95% yesterday to close at $3.54 with the announcement of the company’s plan to evaluate strategic alternatives including...

10Sep2012 | | Comments Off on (MRGE) Merge Healthcare Analyst Keeps Neutral on Shares | Continued

(QSII) Quality Systems NextGen Teams with Nipro

NextGen Healthcare Information Systems, a full subsidiary of Quality Systems (QSII), recently revealed an agreement with Nipro Diagnostics to integrate its own NextGen Ambulatory EHR with the latter’s TRUEresult blood glucose monitoring...

5Sep2012 | | Comments Off on (QSII) Quality Systems NextGen Teams with Nipro | Continued

(MDRX) Allscripts Healthcare Solutions Remains Neutral

We maintain our Neutral rating for Allscripts Healthcare Solutions, Inc. (MDRX). Its second quarter earnings per share of 13 cents missed the Zacks Consensus Estimate by a penny. Reported net income for the quarter was $8.0 million...

28Aug2012 | | Comments Off on (MDRX) Allscripts Healthcare Solutions Remains Neutral | Continued

(MDRX) Allscripts Healthcare Solutions Remains Neutral

We maintain our Neutral rating for Allscripts Healthcare Solutions, Inc. (MDRX). Its second quarter earnings per share of 13 cents missed the Zacks Consensus Estimate by a penny. Reported net income for the quarter was $8.0 million...

27Aug2012 | | Comments Off on (MDRX) Allscripts Healthcare Solutions Remains Neutral | Continued

(MRGE) Merge Healthcare Grows with Subscription Model

Merge Healthcare (MRGE) recounted a significant addition to its client list with the recent transition of its pricing arrangements to a subscription-based model from the traditional perpetual software license arrangement.  Following...

27Aug2012 | | Comments Off on (MRGE) Merge Healthcare Grows with Subscription Model | Continued

(MDRX) Allscripts Healthcare Solutions and Microsoft to Engage

Allscripts Healthcare Solutions (MDRX), a leading player in the health care information technology (HCIT) market, recently reported that it is engaged with Microsoft Corporation (MSFT)...

22Aug2012 | | Comments Off on (MDRX) Allscripts Healthcare Solutions and Microsoft to Engage | Continued

(MDRX) Allscripts Healthcare Solutions Second Quarter Mixed – Profit Wanes

Allscripts Healthcare Solutions (MDRX), a leading player in the health care information technology (HCIT) market, reported second quarter adjusted (excluding one-time items other than stock-based compensation expense) earnings per...

22Aug2012 | | Comments Off on (MDRX) Allscripts Healthcare Solutions Second Quarter Mixed – Profit Wanes | Continued

(QSII) Quality Systems Downgraded to Underperform

We are downgrading our recommendation on Quality Systems (QSII) to Underperform. The company reported earnings per share of 26 cents in the first-quarter of fiscal 2013, missing the Zacks Consensus Estimate of 36 cents. Net income...

21Aug2012 | | Comments Off on (QSII) Quality Systems Downgraded to Underperform | Continued

(CERN) Cerner Edges Past Estimates in Second Quarter

Leading healthcare information technology (HCIT) solutions provider Cerner Corp (CERN) reported second quarter earnings per share of 56 cents, beating the Zacks Consensus Estimate of 51 cents and surpassing the year-ago earnings of...

20Aug2012 | | Comments Off on (CERN) Cerner Edges Past Estimates in Second Quarter | Continued

(QSII) Quality Systems Misses First Quarter Estimates – Profit Dips

Quality Systems (QSII) reported first quarter fiscal 2013 (ended June 30) adjusted (excluding one-time items other than stock-based compensation expense) earnings per share of 26 cents. It missed the Zacks Consensus Estimate of 36...

20Aug2012 | | Comments Off on (QSII) Quality Systems Misses First Quarter Estimates – Profit Dips | Continued

(QSII) Quality Systems Incorporated – Bear of the Day

We downgrade our recommendation on Quality Systems, Inc. (QSII) to Underperform with a target price of $17. The company reported earnings per share of $0.26 in the first-quarter of fiscal 2013, missing the Zacks Consensus Estimate...

20Aug2012 | | Comments Off on (QSII) Quality Systems Incorporated – Bear of the Day | Continued

(MDRX) Allscripts Healthcare Solutions Teams Up with Quintiles

Allscripts Healthcare Solutions (MDRX), a leading player in the health care information technology (HCIT) market, recently entered into a strategic partnership with biopharmaceutical service provider Quintiles. Allscripts and Quintiles...

16Aug2012 | | Comments Off on (MDRX) Allscripts Healthcare Solutions Teams Up with Quintiles | Continued

(MRGE) Merge Healthcare Announces New Ortho Support Solution

In a concerted effort to tap the growing market for electronic health record (“EHR”), imaging and interoperability solutions provider Merge Healthcare (MRGE) recently announced the launch of a picture archiving and communication...

16Aug2012 | | Comments Off on (MRGE) Merge Healthcare Announces New Ortho Support Solution | Continued

(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 Health/Medical Record (“EHR”/”EMR”)...

23Apr2012 | | Comments Off on (MDRX) Allscripts Healthcare Solutions Debuts New iPad Application | Continued

(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 Systems offers an electronic...

19Apr2012 | | Comments Off on (QSII) Quality Systems Analyst Downgrades to Neutral | Continued

(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 expense) earnings...

23Feb2012 | | 0 comments | Continued

(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 Estimate. Revenues of...

6Dec2011 | | 0 comments | Continued

(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 North America (RSNA). This...

30Nov2011 | | 0 comments | Continued

(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). Net income rose sharply...

4Nov2011 | | 0 comments | Continued

(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 Medicare reimbursements...

6Sep2011 | | 0 comments | Continued

(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 Medicare reimbursements...

1Sep2011 | | 0 comments | Continued

(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 of 42 cents. Net income...

3Aug2011 | | 0 comments | Continued

(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 Health,...

10Jul2011 | | 0 comments | Continued

(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 EasyLink Services...

1Jul2011 | | 0 comments | Continued

(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 (“NEVHC”) and Community...

29Jun2011 | | 0 comments | Continued