Greenway Medical Technologies, Inc.
) recently reported that Baylor Quality Alliance has chosen
Greenway to take part in its electronic health record (EHR)
The EHR program of Baylor Quality Alliance allows its doctor
practices to consider EHR apps that fulfill their requirements.
Medical practices may choose PrimeSUITE from Greenway while
Baylor Quality Alliance will facilitate the working details.
PrimeSUITE is currently ultilized by a few practices in the
Baylor Health Care System.
Baylor Health Care System is a non-profit entity which helps a
chain of acute care inpatient facilities and allied organizations
that provide health care. Data submitted to the Texas Department
of State Health Services reveals that Baylor Health Care System
had $4.1 billion gross revenue and 2.8 million encounters with
patients in fiscal 2011.
Greenway offers PrimeSuite, which is the company's unified
data base EHR and practice management offering. Several thousand
health care providers use Greenway's cloud-based or
Optimism about the growth prospects of select health care
information technology service providers remains favorable under
the Obama administration, which passed a Stimulus package in May
2009. The Stimulus package aimed to increase the use of EHR
systems by medical practitioners.
Though the federal stimulus is winding down, the replacement
market has been growing. Competition is fierce and larger
competitors may benefit from the incumbency factor. Industry
stalwarts such as
) offer long-standing seamless products, which integrates
inpatient and ambulatory-care systems.
Allscripts Healthcare Solutions, Inc.
) is another competitor in a crowded field.
Greenway carries a Zacks Rank #4 (Sell). We are more
), which carries a Zacks Rank #2 (Buy) and is expected to do
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