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Cerner, Duke Clinical Research Launch Risk Calculator App

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In a bid to integrate healthcare data across multiple EHR suppliers and check cardiac risk, Cerner Corporation recently launched an atherosclerotic cardiovascular disease (ASCVD) Risk Calculator app in collaboration with Duke Clinical Research Institute.

Is ASCVD Risky?

ASCVD is a severe case of Coronary artery disease that causes heart attack, cardiac arrest and fatal or non-fatal stroke.

Considering the risks, American College of Cardiology and American Heart Association prescribed a 10-year calculator to identify adults who need statin therapy. For investors’ notice Statins are a particular class of lipid-lowering medications, which reduce cardiovascular disease.

Per management, the latest development comes in the right time as Cerner’s Risk Calculator app also helps health care providers estimate 10-year and lifetime ASCVD risk for patients based on age, race, sex, blood pressure, cholesterol levels, smoking status and diabetes status.

A New Addition to Cerner’s EHR Profile

Cerner and Duke Clinical Research Institute used Cerner Open Developer Experience (code) to develop the software. Through this open source code, doctors from Duke Clinical Research Institute provided clinical direction to create an app that can be embedded within Cerner’s electronic health record (EHR) for each patient.

The latest trend of EHR, or electronic health record, in the U.S. MedTech space has been gaining prominence. Cerner has been dominating the headlines in this respect, courtesy of efforts to digitize its EHR systems.

Apart from this, Cerner's HealtheIntent is a big data platform, which provides the company with significant exposure to AI trends in the medical world. HealtheIntent can fetch data from any EHR system, pharmacy benefits managers and insurance claims.

Share Price Lacks Luster

Cerner's shares have gained 6.9% in a month’s time against the industry's rally of 9.5%. However, the current level is higher than the S&P 500 index's gain of 0.3%. Regulatory headwinds and cutthroat competition acted as major dampeners.

However, we believe that developments like these will help the stock to perform better in the bourse in the coming days.

Cerner has a Zacks Rank #3 (Hold).

Want More from the MedTech Space?

A few better-ranked stocks in the MedTech space are Penumbra, Inc. (PEN - Free Report) , Integer Holdings Corp. (ITGR - Free Report) and Patterson Companies, Inc. (PDCO - Free Report) . Patterson Companies carries a Zacks Rank #2 (Buy). Integer and Penumbra sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Penumbra has a long-term expected earnings growth rate of 20%, while the same for Integer Holdings and Patterson Companies is pinned at 15% and 8.3%, respectively.

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