{"id":41445,"date":"2013-08-28T17:53:18","date_gmt":"2013-08-28T21:53:18","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=41445"},"modified":"2013-08-28T17:53:18","modified_gmt":"2013-08-28T21:53:18","slug":"2800-reasons-to-bet-on-emr","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/08\/28\/2800-reasons-to-bet-on-emr\/","title":{"rendered":"2,800 Reasons to Bet on EMR"},"content":{"rendered":"

By WallStreetDaily.com<\/u><\/a> <\/p>\n

There are tons of reasons to believe that companies in the business of electronic medical records (EMR) may experience a boom in the next 18 months \u2013 and an even bigger one down the road.<\/p>\n

The biggest reason? Hospitals that switch to EMR systems by 2014 can expect to receive $5 million to $7 million in incentives from Obama\u2019s HITECH Act. Oh, and missing the deadline could cost each facility $1 million in penalties.<\/p>\n

Many hospitals are already making the leap\u2026<\/p>\n

Indeed, the EMR market hit $20.7 billion in 2012, a 15% boost over 2011. Take a look\u2026<\/p>\n

\"\"<\/p>\n

Despite such rampant growth, however, 56% of hospitals in the United States (or 2,800 facilities) still don\u2019t have at least a basic EMR system. So growth is expected to jump 7.85% a year until 2015.<\/p>\n

And the largest EMR system providers may be the biggest beneficiaries from last-minute adopters.<\/p>\n

I\u2019ll let the numbers speak for themselves\u2026<\/p>\n

Allscripts Healthcare Solutions <\/b>(MDRX<\/a>) must be very fond of Obamacare. In the second quarter, the company reported its first year-over-year increase in bookings in the past six quarters: $194 million to $200 million. The Chicago-based company also has a $3-billion backlog. Annual sales doubled from $548 million in 2009 to $1.44 billion in 2012. The stock was recently up 61.5% year-to-date.<\/p>\n

Cerner Corporation <\/b>(CERN<\/a>) sells another popular EHR system that increased revenue from $1.67 billion in 2009 to over $2.66 billion last year. Adjusted net earnings for the second quarter of 2013 were $119.6 million, an increase of 16% from a year ago. The $16.3-billion company is rolling in a free cash flow of $47.4 million. And it\u2019s sitting on a backlog of $8 billion, a 23% annual increase. Shares have jumped 18.41% year-to-date.<\/p>\n

Quality Systems, Inc. <\/b>(QSII<\/a>) <\/b>saw its annual revenue climb from $245 million in mid-2009 to over $460 million in 2012. Lead generation has grown 172% year-over-year. Its sales pipeline jumped to $150.1 million, a 6% improvement – and its first boost in several quarters. Looks like restructuring efforts in late 2012 are starting to pay off. Quality Systems recently announced a partnership with Humana Inc.<\/b> (HUM<\/a>) to help spread the word about adoption of EMR to healthcare providers. The company\u2019s shares are up 17.47% year-to-date, and they pay a 3.3% yield.<\/p>\n

Athenahealth <\/b>(ATHN<\/a>), a cloud-based software company, has seen sales increase over 200% since early 2009. Second-quarter revenue totaled $146.3 million, compared to $103.5 million in the same period last year, an increase of 41%. ATHN also reports cash and cash equivalents of $33.6 million. And shares have jumped 46.1% year-to-date.<\/p>\n

Bottom line: All signs point to hospitals jumping on the EMR bandwagon over the next year or so, making now the perfect time to consider investing in the trend.<\/p>\n

Ahead of the tape,<\/p>\n

Karen Canella<\/p>\n

The post 2,800 Reasons to Bet on EMR<\/a> appeared first on Wall Street Daily<\/a>.<\/p>\n

Article By WallStreetDaily.com<\/u><\/a><\/p>\n

Original Article: 2,800 Reasons to Bet on EMR<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By WallStreetDaily.com There are tons of reasons to believe that companies in the business of electronic medical records (EMR) may experience a boom in the next 18 months \u2013 and an even bigger one down the road. The biggest reason? Hospitals that switch to EMR systems by 2014 can expect to receive $5 million to … <\/p>\n

Continue reading “2,800 Reasons to Bet on EMR”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-41445","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/41445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=41445"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/41445\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=41445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=41445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=41445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}