Appalachian Regional Healthcare System announced that it has
Allscripts Healthcare Solutions
) Electronic Health Record (EHR) system known as Sunrise Clinical
Manager (SCM). SCM will help Appalachian maintain integrated
patient records with the same graphical interface across the
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SCM not only provides state-of-the-art Computerized Provider
Order Entry (CPOE) but also an integrated pharmacy, which is a
knowledge-based medication administration, as well as acute,
critical care and emergency care solutions. The SCM system has
already been fed with more than 2100 orders by more than 40
physicians after a week of its implementation at the Boone and
Appalachian Regional Healthcare System is a leading healthcare
provider in the High Country. Its EHR system covers three
hospitals, including Blowing Rock Hospital in Blowing Rock,
Charles A. Cannon, Jr. Memorial Hospital in Linville and Watauga
Medical Center in Boone. It also includes a physician practice
management group, Appalachian Regional Medical Associates and
Appalachian Regional Healthcare Foundation.
Allscripts Healthcare Solutions posted a significant fall in
adjusted earnings to $2.2 million or a penny per share in the
second quarter of 2013 from $23.1 million or 13 cents in the
comparable quarter of 2012. With this, earnings also missed the
Zacks Consensus Estimate of 7 cents for the quarter.
On a reported basis, MDRX Solutions incurred a loss of $22.9
million or 13 cents per share compared with earnings of $8.0
million or 4 cents in the second quarter of 2012.
Revenues in the quarter ebbed 6.8% to $344.8 million, again
missing the Zacks Consensus Estimate of $358 million. The
decrease can be attributable to lower revenues generated from all
the operating segments.
Allscripts Healthcare Solutions, a Zacks Rank #4 (Sell) stock, is
a leading of clinical software and information solutions provider
for physicians. The company serves approximately 180,000
physician practices, 1,500 hospitals, and 10,000 post acute care
facilities. It had 5,500 employees with facilities in 24 U.S.
states, Canada, India, The Philippines and Middle East.
While we avoid MDRX, other stocks that are performing well in the
medical products industry include
), both with a Zacks Rank #1 (Strong Buy), and
Medidata Solutions, Inc.
) with a Zacks Rank #2 (Buy).