Allscript Misys Healtcar Solns (NASDAQ:MDRX)
The Company is a provider of clinical software, connectivity and information solutions that physicians use to improve the quality of healthcare.
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mdrx will hit 40 next year.
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Allscripts has a strong foothold in the up and coming medical records software business. Look out, this company has something that every insurance provider wants!
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This is a must stock to own, over the past four years, A gain of 400+ % realized, and with the potential to double over the next two years once baby-boomers really start hitting retirement age
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For my money this is better than QSII, but QSII is probably a pretty good pick too.
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Medical profession needs their product
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Rapid growth in a market that is still wide-open. Less than 20% of medical groups currently employ full-featured EHR but most are planning to purchase in the next 2 years. Look for major consolidation in the market around the top dozen major players and MDRX is in the top 5.
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Company has great growth and a history of meeting or beating estimates. I'm hoping competition in the industry is lessened by takeovers.
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Insurance companies are pushing this technology to the MD's as a method of cutting down malpractice incidents. This company continues to grow at a steady pace.
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software company for medical field - products helps streamline doctor/patient/pharmacy for effeinccy and cost savings
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Med Charting data is going digital. Thay've got the edge.
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Hospitals,Clinics,Emergency room Doctors will use the software to pull the records on any individual immediately thus providing life saving care.
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Medical health records are going to become a necessity, not a luxury, and this is one of the best companies in the field. The alliance with GE shouldn't hurt either.
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MDRX does medical records like Quality Systems (QSII) but it is a relatively new company and priced much more to my liking. It was a $12 stock for about 6 months and is now up to almost double. With Presiden Bush insisting that medical records for the people be computerized, it seemed like a good pick. They are currently expanding and have relatively low debt. I think it will do well.
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