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Cerner Extends HNM Partnership with University of Missouri
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Cerner Corporation and the University of Missouri Health Care announced that they have inked an agreement to extend their partnership. The duo extended their existing HealtheIntent population health management platform across the Health Network of Missouri (HNM).
Cerner’s share price movement in the past three months was unsatisfactory. The company registered a loss of 22.05%, wider than the Zacks categorized Medical info-systems sub-industry’s loss of 17.04%. Over the last one year, Cerner lost 17.37%.
Furthermore, the estimate revision trend for the current fiscal year remains unfavorable with two estimates moving downward over the last two months. The company’s current estimate has slipped by a penny over the past two months, pointing to concerns ahead. The stock recorded a negative earnings surprise of almost 1.8% in the last reported quarter.
Notably, HNM would coordinate and manage care for residents of rural Missouri communities. HNM is a collaborative of six independent health care organizations that use different electronic health record (EHR) systems.
These are MU Health Care in Columbia, Bothwell Regional Health Center in Sedalia, Capital Region Medical Center in Jefferson City, Hannibal Regional Healthcare System in Hannibal, Lake Regional Health System in Osage Beach and Saint Francis Healthcare System in Cape Girardeau. They will use HealtheIntent to aggregate health data originating from Cerner in near real-time and normalize the data.
The HNM network includes an academic medical center, state employer and a group of hospitals. It serves patients throughout central, northeast and southeastern Missouri. Together, it accounts for more than 1,000 hospital beds and approximately 1,200 affiliated physicians.
Cerner designs, develops, markets, installs and supports information technology and content solutions for healthcare organizations and consumers. The company's integrated suite of solutions enable healthcare providers to improve operating effectiveness, reduce costs and improve the quality of care as measured by clinical outcomes.
Addus HomeCare has a long-term expected earnings growth rate of approximately 15%. Notably, the stock represents an impressive one-year return of 49.4%.
Cogentix Medical posted a positive earnings surprise of 100% in the last reported quarter. Additionally, the company has a promising one-year return of almost 75.8%.
Penumbra has a long-term expected earnings growth rate of approximately 20%. Notably, the stock registered an impressive one-year return of roughly 19.5%.
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Cerner Extends HNM Partnership with University of Missouri
Cerner Corporation and the University of Missouri Health Care announced that they have inked an agreement to extend their partnership. The duo extended their existing HealtheIntent population health management platform across the Health Network of Missouri (HNM).
Cerner’s share price movement in the past three months was unsatisfactory. The company registered a loss of 22.05%, wider than the Zacks categorized Medical info-systems sub-industry’s loss of 17.04%. Over the last one year, Cerner lost 17.37%.
Furthermore, the estimate revision trend for the current fiscal year remains unfavorable with two estimates moving downward over the last two months. The company’s current estimate has slipped by a penny over the past two months, pointing to concerns ahead. The stock recorded a negative earnings surprise of almost 1.8% in the last reported quarter.
Notably, HNM would coordinate and manage care for residents of rural Missouri communities. HNM is a collaborative of six independent health care organizations that use different electronic health record (EHR) systems.
These are MU Health Care in Columbia, Bothwell Regional Health Center in Sedalia, Capital Region Medical Center in Jefferson City, Hannibal Regional Healthcare System in Hannibal, Lake Regional Health System in Osage Beach and Saint Francis Healthcare System in Cape Girardeau. They will use HealtheIntent to aggregate health data originating from Cerner in near real-time and normalize the data.
The HNM network includes an academic medical center, state employer and a group of hospitals. It serves patients throughout central, northeast and southeastern Missouri. Together, it accounts for more than 1,000 hospital beds and approximately 1,200 affiliated physicians.
Cerner designs, develops, markets, installs and supports information technology and content solutions for healthcare organizations and consumers. The company's integrated suite of solutions enable healthcare providers to improve operating effectiveness, reduce costs and improve the quality of care as measured by clinical outcomes.
Zacks Rank & Key Picks
Currently, Cerner has a Zacks Rank #4 (Sell).
Better-ranked stocks in the broader medical sector include Addus HomeCare Corporation (ADUS - Free Report) , Cogentix Medical, Inc. (CGNT - Free Report) and Penumbra Inc. (PEN - Free Report) . Each of the three stocks sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Addus HomeCare has a long-term expected earnings growth rate of approximately 15%. Notably, the stock represents an impressive one-year return of 49.4%.
Cogentix Medical posted a positive earnings surprise of 100% in the last reported quarter. Additionally, the company has a promising one-year return of almost 75.8%.
Penumbra has a long-term expected earnings growth rate of approximately 20%. Notably, the stock registered an impressive one-year return of roughly 19.5%.
The Best Place to Start Your Stock Search
Today, you are invited to download the full list of 220 Zacks Rank #1 "Strong Buy" stocks – absolutely free of charge. Since 1988, Zacks Rank #1 stocks have nearly tripled the market, with average gains of +26% per year. Plus, you can access the list of portfolio-killing Zacks Rank #5 "Strong Sells" and other private research. See these stocks free >>