We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Allscripts' (MDRX) Veradigm Collaborates With Komodo Health
Read MoreHide Full Article
Allscripts Healthcare Solutions, Inc. (MDRX - Free Report) recently announced that its flagship Veradigm unit has entered into a long-term partnership with Komodo Health with a view to advance healthcare research. The collaboration is expected to help Veradigm investigate ways to reduce disease burden using an EHR (electronic health record) system. Notably, this fortifies Allscripts’ foothold in the global healthcare IT space.
For investors’ notice, San Francisco-based Komodo Health is a provider of live-saving therapies by improving standard of care, delivering care management and providing extensive research in patient data.
More on Veradigm
Introduced in 2018, Allscripts’ Veradigm integrated data systems and services business combines data-driven clinical insights with actionable tools for clinical workflow, research, analytics and media.
Allscripts’ recent acquisition of the American College of Cardiology's cardiology and diabetes registry assets, which are expected to extend Veradigm's EHR-enabled ambulatory research network, is encouraging. Also, Veradigm has signed an agreement with WOMBA, which will utilize Veradigm’s eChart Courier to provide medical chart records for healthcare providers.
Allscripts now expects 2019 bookings within $1.5-$1.1 billion, reflecting strength in the Veradigm business.
Allscripts Strong on Developments
Allscripts has been witnessing a slew of developments in its EHR platform of late.
Earlier this month, Allscripts’ 2bPrecise partnered with Q-State Biosciences to combine 2bPrecise’s cloud-based platform with Q-State’s whole-genome and whole-exome sequencing capabilities. The collaboration is expected to benefit patients and care organizations through improved patient outcomes.
Last month, Allscripts announced its FollowMyHealth as a platform for existing Microsoft HealthVault users to export their existing data and continue tracking their health online or through mobile apps on iOS and Android.
Price Performance
We believe the positive developments will boost the Zacks Rank #3 (Hold) stock, which has declined 35.8% compared with the industry’s 8.1% fall. The current level also compares unfavorably with the S&P 500 index’s 0.2% rally.
DENTSPLY’s long-term earnings growth rate is expected to be 11.5%.
Intuitive Surgical’s long-term earnings growth rate is estimated at 13.3%.
Baxter’s long-term earnings growth rate is projected at 12.8%.
It’s Illegal in 42 States, But Investors Will Make Billions Legally
In addition to the companies you read about above, today you get details on the newly-legalized industry that’s tapping into a “habit” that Americans spend an estimated $150 billion on every year.
That’s twice as much as they spend on marijuana, legally or otherwise.
Zacks special report revealing how investors can profit from this new opportunity. As more states legalize this activity, the industry could expand by as much as 15X. Zacks’ has just released a Special Report revealing 5 top stocks to watch in this space.
Image: Bigstock
Allscripts' (MDRX) Veradigm Collaborates With Komodo Health
Allscripts Healthcare Solutions, Inc. (MDRX - Free Report) recently announced that its flagship Veradigm unit has entered into a long-term partnership with Komodo Health with a view to advance healthcare research. The collaboration is expected to help Veradigm investigate ways to reduce disease burden using an EHR (electronic health record) system. Notably, this fortifies Allscripts’ foothold in the global healthcare IT space.
For investors’ notice, San Francisco-based Komodo Health is a provider of live-saving therapies by improving standard of care, delivering care management and providing extensive research in patient data.
More on Veradigm
Introduced in 2018, Allscripts’ Veradigm integrated data systems and services business combines data-driven clinical insights with actionable tools for clinical workflow, research, analytics and media.
Allscripts’ recent acquisition of the American College of Cardiology's cardiology and diabetes registry assets, which are expected to extend Veradigm's EHR-enabled ambulatory research network, is encouraging. Also, Veradigm has signed an agreement with WOMBA, which will utilize Veradigm’s eChart Courier to provide medical chart records for healthcare providers.
Allscripts now expects 2019 bookings within $1.5-$1.1 billion, reflecting strength in the Veradigm business.
Allscripts Strong on Developments
Allscripts has been witnessing a slew of developments in its EHR platform of late.
Earlier this month, Allscripts’ 2bPrecise partnered with Q-State Biosciences to combine 2bPrecise’s cloud-based platform with Q-State’s whole-genome and whole-exome sequencing capabilities. The collaboration is expected to benefit patients and care organizations through improved patient outcomes.
Last month, Allscripts announced its FollowMyHealth as a platform for existing Microsoft HealthVault users to export their existing data and continue tracking their health online or through mobile apps on iOS and Android.
Price Performance
We believe the positive developments will boost the Zacks Rank #3 (Hold) stock, which has declined 35.8% compared with the industry’s 8.1% fall. The current level also compares unfavorably with the S&P 500 index’s 0.2% rally.
Key Picks
A few better-ranked stocks in the broader medical space are DENTSPLY SIRONA (XRAY - Free Report) , Intuitive Surgical (ISRG - Free Report) and Baxter International (BAX - Free Report) , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
DENTSPLY’s long-term earnings growth rate is expected to be 11.5%.
Intuitive Surgical’s long-term earnings growth rate is estimated at 13.3%.
Baxter’s long-term earnings growth rate is projected at 12.8%.
It’s Illegal in 42 States, But Investors Will Make Billions Legally
In addition to the companies you read about above, today you get details on the newly-legalized industry that’s tapping into a “habit” that Americans spend an estimated $150 billion on every year.
That’s twice as much as they spend on marijuana, legally or otherwise.
Zacks special report revealing how investors can profit from this new opportunity. As more states legalize this activity, the industry could expand by as much as 15X. Zacks’ has just released a Special Report revealing 5 top stocks to watch in this space.
See these 5 “sin stocks” now>>