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Stock Market Sector In Focus, Medical Software.

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Equity Trader Examiner

Stock Sector In Focus, Medical Software

Greetings,
February, 09, 2012

The medical sector as a whole is up 5.5% year to date, slightly trailing the major indices. Today we are going to take a closer look at a growing segment in the medical industry and that is the medical billing & records, clinical, and management software. This specialized group within the medical sector has grown over the last 5 years or so and below we have some key players in this group.
Today's medical practice is more difficult to manage than it has ever been. With the healthcare industry continually growing as patient demographics get older, it is important for hospitals and doctors to have the tools they need to not only stay competitive, but to ensure their patients are served quickly and satisfactorily. Finding an Electronic Medical Record (EMR) software product with the right features will help them do this. I have provided links to company website and charts that will open in a new window.

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Cerner Corp. - (CERN) - Chart Cerner(R) solutions are licensed by approximately 9,300 facilities around the world, including more than 2,650 hospitals; 3,750 physician practices covering more than 35,000 physicians; 500 ambulatory facilities, such as laboratories, ambulatory centers, cardiac facilities, radiology clinics and surgery centers; 800 home health facilities; 40 employer sites and 1,600 retail pharmacies. This company just reported a 25% growth in earnings on Feb. 7th, marking the seventh straight qtr. of double digit growth.
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Athenahealth Inc. - (ATHN) - Chart athenahealth, Inc. is a leading provider of cloud-based business services for physician practices. athenahealth's service offerings are based on proprietary web-native practice management and electronic health record (EHR) software. They have 5 straight qtrs. of double digit earnings growth and the next earnings are due on Feb. 15 after the market close.
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Mediware Information Systems Inc. - (MEDW) - Chart Mediware is a leading provider of specialized healthcare solutions with over four decades of experience in developing and delivering innovative software designed to ensure the highest level of safety and efficiency. On Feb.7th Mediware reported 18% earnings growth and sits just 7% away from 52 week highs.
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Quality Systems Inc. - (QSII) - Chart Currently, the company provides EHR solutions to approximately 60,000 physicians and dentists, which spans about 2,200 group practice customers nationwide. On January 26th they reported their 6th qtr. of double digit growth with the next earnings due on May 28.
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Allscripts Healthcare Solutions Inc. - (MDRX) - Chart The company's Electronic Health Record, practice management and other clinical, revenue cycle, connectivity and information solutions create a Connected Community of Health(TM) for physicians, hospitals and post-acute organizations. After seven straight qtrs of double digit earnings growth we have the next earnings due Feb. 16th.
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MedAssets Inc. - (MDAS) - Chart MedAssets, partners with healthcare providers to improve financial strength by implementing spend management and revenue cycle management solutions that help control cost, improve margins and cash flow, increase regulatory compliance and optimize operational efficiency. MedAssets serves more than 180 health systems, 4,000 hospitals and 90,000 non-acute healthcare providers. This small cap. company has had sporadic earnings over the last few years but we will keep an eye on earnings grwoth to improve going forward, next earnings due Feb. 23rd.
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A few weaker names in this group include: CPSI, ERT, ACCL
That is all for now, Best Wishes, $$$, ET.
Equity Trader.me
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