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Allscripts' (MDRX) Sunrise Platform Uptake on the Rise
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Allscripts Healthcare Solutions, Inc. (MDRX - Free Report) has clinched a new contract. Recently the company announced that its Sunrise platform has been selected by The Bahamian Ministry of Health and the Public Hospitals Authority. The healthcare system of the Bahamas plans to implement Sunrise in three hospitals and more than 100 clinics.
Implementing Allscripts’ Sunrise, the Bahamian Ministry of Health and the Public Hospitals Authority aims at modernizing its system and make healthcare more accessible to people. Allscripts’ Sunrise platform provides a complete range of fully integrated inpatient, ambulatory, emergency care and surgical care solutions to electronic health record (EHR) clients.
In this regard, we note that Allscripts’ Sunrise suite will maintain the Bahamian Public Health Care Network’s core care venues through a distinct platform and single patient record – across inpatient, ambulatory, emergency and revenue cycle venues. The authority believes that this joint venture will place Bahamas as one of the healthiest countries in the Caribbean over the long haul.
The Bahamian Ministry of Health and the Public Hospitals Authority’s former part, the Ministry of Health and its agencies is managed by the Department of Public Health comprising a network of community health clinics and 108 clinics throughout the island.
The latter part, the Public Hospitals Authority (PHA) and its agencies manages the public hospitals in the Bahamas. There are three public hospitals under PHA, namely, Princess Margaret Hospital, Sandilands Rehabilitation Centre and Rand Memorial Hospital. The National Emergency Medical Services also falls under the management of PHA.
This partnership will help The Bahamian Ministry of Health and the Public Hospitals Authority improve the public system’s infrastructure, medical equipment, access to medicine, medical technology through Allscripts Sunrise’s tools needed to streamline care processes and deliver accurate, advanced health records to all clinicians at the point of care.
Allscript’s Sunrise Prospects Bright
Allscript is progressing well with its Sunrise platform. During the last-reported second quarter of 2016, the company expanded its client base for its Sunrise platform. As a result, it recorded a strong double-digit growth in bookings, primarily attributed to new Sunrise clients.
Management has also announced that its longstanding Sunrise client, Orlando Health, will implement the Sunrise platform at Health Central Hospital, a 170-bed hospital outside Orlando, serving the thriving community of West Orange County.
Moving to the community hospital market, Allscripts added a new Sunrise client and has also recorded additional sales of population health management solutions. On the net new client front, Wyckoff Heights Medical Center, a 350-bed teaching hospital selected the Sunrise suite.
Additionally, the company added the Sunrise platform at Southern California Hospital in Culver City.
We believe that these new contracts will help Allscripts’ Sunrise platform gain better market traction, which will result in increased business for the company. It has been a story of constant achievements for Allscripts’ Sunrise platform. From winning industry recognitions to fetching new clients, the platform has indeed lived up to expectations and has helped the company achieve growth over time.
Zacks Rank and Key Picks
Currently, Allscripts carries a Zacks Rank #3 (Hold).
Better-ranked stocks in the medical sector include CryoLife , Natus Medical and IDEXX Laboratories (IDXX - Free Report) . All the stocks sport a Zacks Rank #1 (Strong Buy).
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Allscripts' (MDRX) Sunrise Platform Uptake on the Rise
Allscripts Healthcare Solutions, Inc. (MDRX - Free Report) has clinched a new contract. Recently the company announced that its Sunrise platform has been selected by The Bahamian Ministry of Health and the Public Hospitals Authority. The healthcare system of the Bahamas plans to implement Sunrise in three hospitals and more than 100 clinics.
Implementing Allscripts’ Sunrise, the Bahamian Ministry of Health and the Public Hospitals Authority aims at modernizing its system and make healthcare more accessible to people. Allscripts’ Sunrise platform provides a complete range of fully integrated inpatient, ambulatory, emergency care and surgical care solutions to electronic health record (EHR) clients.
In this regard, we note that Allscripts’ Sunrise suite will maintain the Bahamian Public Health Care Network’s core care venues through a distinct platform and single patient record – across inpatient, ambulatory, emergency and revenue cycle venues. The authority believes that this joint venture will place Bahamas as one of the healthiest countries in the Caribbean over the long haul.
ALLSCRIPTS HLTH Price
ALLSCRIPTS HLTH Price | ALLSCRIPTS HLTH Quote
The Bahamian Ministry of Health and the Public Hospitals Authority’s former part, the Ministry of Health and its agencies is managed by the Department of Public Health comprising a network of community health clinics and 108 clinics throughout the island.
The latter part, the Public Hospitals Authority (PHA) and its agencies manages the public hospitals in the Bahamas. There are three public hospitals under PHA, namely, Princess Margaret Hospital, Sandilands Rehabilitation Centre and Rand Memorial Hospital. The National Emergency Medical Services also falls under the management of PHA.
This partnership will help The Bahamian Ministry of Health and the Public Hospitals Authority improve the public system’s infrastructure, medical equipment, access to medicine, medical technology through Allscripts Sunrise’s tools needed to streamline care processes and deliver accurate, advanced health records to all clinicians at the point of care.
Allscript’s Sunrise Prospects Bright
Allscript is progressing well with its Sunrise platform. During the last-reported second quarter of 2016, the company expanded its client base for its Sunrise platform. As a result, it recorded a strong double-digit growth in bookings, primarily attributed to new Sunrise clients.
Management has also announced that its longstanding Sunrise client, Orlando Health, will implement the Sunrise platform at Health Central Hospital, a 170-bed hospital outside Orlando, serving the thriving community of West Orange County.
Moving to the community hospital market, Allscripts added a new Sunrise client and has also recorded additional sales of population health management solutions. On the net new client front, Wyckoff Heights Medical Center, a 350-bed teaching hospital selected the Sunrise suite.
Additionally, the company added the Sunrise platform at Southern California Hospital in Culver City.
We believe that these new contracts will help Allscripts’ Sunrise platform gain better market traction, which will result in increased business for the company. It has been a story of constant achievements for Allscripts’ Sunrise platform. From winning industry recognitions to fetching new clients, the platform has indeed lived up to expectations and has helped the company achieve growth over time.
Zacks Rank and Key Picks
Currently, Allscripts carries a Zacks Rank #3 (Hold).
Better-ranked stocks in the medical sector include CryoLife , Natus Medical and IDEXX Laboratories (IDXX - Free Report) . All the stocks sport a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >