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Cerner Integrated Platform Implemented by Spectrum Health
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Cerner Corporation recently announced that Spectrum Health & Human Services has implemented an electronic health record (EHR) and revenue cycle solution through the Cerner Integrated – Community Behavioral Health cloud technology to treat psychological disorders.
Spectrum will leverage on Cerner’s IT applications and services, which are optimized for behavioral health.
Along with the platform, patients will be able to access Cerner’s web-based portal. Through this portal, patients can keep a watch on vital health data, share self-reported information, schedule appointments and communicate with the care team.
Big-Data Based Electronic Health Records System
The latest trend of electronic health record (EHR) services in the U.S. MedTech space has been gaining prominence.
Cerner has been dominating the headlines in this respect, courtesy of efforts to digitize EHR systems.
Apart from Cerner Integrated, Cerner's HealtheIntent is a big data platform, which provides the company significant exposure to AI trends in the medical world. HealthIntent can fetch data from any EHR system, pharmacy benefits managers and insurance claims.
According to Transparency Market Research, the global EHR market is estimated to reach $38.29 billion from 2017 to 2025, with a CAGR of 5.7%. Reports suggest that MedTech companies with strong exposure to big data automated EHRs will excel in terms of operations and margins.
In May, Capital Region Medical Center (CRMC) selected Cerner to implement an integrated EHR and revenue cycle management solutions to support improved health outcomes and optimized revenue functions.
Furthermore, in April, Texas-based Rankin County Hospital District has implemented an EHR with Cerner for improved patient experiences. Munising Memorial Hospital in Michigan has selected Cerner to implement a new integrated EHR to upgrade the hospital’s system with sophisticated health technology.
Shares Lacks Luster
In the past year, Cerner's shares have lost 8.5%, against the industry's rise of 4.5%. The current level is also lower than the S&P 500 index's increase of 16.2%. Nevertheless, we believe that developments like these will help the stock perform better on the bourse in the coming days.
Cerner has a Zacks Rank #3 (Hold).
Key Picks
A few better-ranked stocks in the broader medical space are athenahealth , Intuitive Surgical (ISRG - Free Report) and Veeva Systems (VEEV - Free Report) .
Intuitive Surgical’s expected long-term earnings growth rate is 14.7%. The stock flaunts a Zacks Rank #1.
Veeva Systems’ long-term earnings growth rate is projected at 19.3%. The stock sports a Zacks Rank #1.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
Image: Bigstock
Cerner Integrated Platform Implemented by Spectrum Health
Cerner Corporation recently announced that Spectrum Health & Human Services has implemented an electronic health record (EHR) and revenue cycle solution through the Cerner Integrated – Community Behavioral Health cloud technology to treat psychological disorders.
Spectrum will leverage on Cerner’s IT applications and services, which are optimized for behavioral health.
Along with the platform, patients will be able to access Cerner’s web-based portal. Through this portal, patients can keep a watch on vital health data, share self-reported information, schedule appointments and communicate with the care team.
Big-Data Based Electronic Health Records System
The latest trend of electronic health record (EHR) services in the U.S. MedTech space has been gaining prominence.
Cerner has been dominating the headlines in this respect, courtesy of efforts to digitize EHR systems.
Apart from Cerner Integrated, Cerner's HealtheIntent is a big data platform, which provides the company significant exposure to AI trends in the medical world. HealthIntent can fetch data from any EHR system, pharmacy benefits managers and insurance claims.
According to Transparency Market Research, the global EHR market is estimated to reach $38.29 billion from 2017 to 2025, with a CAGR of 5.7%. Reports suggest that MedTech companies with strong exposure to big data automated EHRs will excel in terms of operations and margins.
In May, Capital Region Medical Center (CRMC) selected Cerner to implement an integrated EHR and revenue cycle management solutions to support improved health outcomes and optimized revenue functions.
Furthermore, in April, Texas-based Rankin County Hospital District has implemented an EHR with Cerner for improved patient experiences. Munising Memorial Hospital in Michigan has selected Cerner to implement a new integrated EHR to upgrade the hospital’s system with sophisticated health technology.
Shares Lacks Luster
In the past year, Cerner's shares have lost 8.5%, against the industry's rise of 4.5%. The current level is also lower than the S&P 500 index's increase of 16.2%. Nevertheless, we believe that developments like these will help the stock perform better on the bourse in the coming days.
Cerner has a Zacks Rank #3 (Hold).
Key Picks
A few better-ranked stocks in the broader medical space are athenahealth , Intuitive Surgical (ISRG - Free Report) and Veeva Systems (VEEV - Free Report) .
athenahealth has a long-term expected earnings growth rate of 17.6%. The stock sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Intuitive Surgical’s expected long-term earnings growth rate is 14.7%. The stock flaunts a Zacks Rank #1.
Veeva Systems’ long-term earnings growth rate is projected at 19.3%. The stock sports a Zacks Rank #1.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>