South Australian government's efforts to replace paper files
containing patient information with bedside electronic data has
finally reached its testing phase. Its health department, SA
Health, has launched Enterprise Patient Administration System
(EPAS) in Noarlunga Hospital using
Allscripts Healthcare Solutions
) Sunrise Clinical Manager (SCM) Electronic Health Record (EHR)
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The August 25th launch involved more than 100 clinical and
administrative staff at the hospital. The integrated single
platform Sunrise Clinical Manager EHR system will help them
electronically access patient information at the bedside and
throughout the hospital.
SA Health revealed that more than 350 clinical and administrative
staff was consulted for the design and implementation of EPAS. It
is aimed at replacing incompatible, costly and outdated patient
administration systems with a single and state-wide system.
The South Australian government plans to invest $422 million in
the next decade to develop EPAS across SA Health facilities. Once
fully implemented, EPAS will be operational in all metropolitan
hospitals, GP Plus Health Care Centers, GP Plus Super Clinics,
SAAS headquarters and Mount Gambier and Port Augusta Hospitals.
Recently, Appalachian Regional Healthcare System in N.C.
announced that it has implemented MDRX's SCM EHR system.
Appalachian Regional Healthcare System is a leading healthcare
provider in the High Country.
The EHR system of Appalachian 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
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.
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
), with a Zacks Rank #1 (Strong Buy), and in the medical
information systems industry such as
Medidata Solutions, Inc.
), both with a Zacks Rank #2 (Buy).