Deutsche Bank Reports CMS Announcements

Deutsche Bank has issued a report on the announcements made by CMS Energy Corporation CMS in regards to their EHR Incentive Plan. According to Deutsche Bank, "These announcements are in‐line with the general timing of incentives related to the EHR incentive program, and we view April 18 as a key date as it will show the initial flood of users that have met MU requirements (currently ~14,000 registrants have applied for the reporting period, with many more applying each day). While we would note this is a positive milestone in the broad EHR adoption program, we do view this as expected, we think that the actual attesting to MU is more of a key catalyst, as that will drive the next flood of incentive payments (expected to hit providers' hands in May)." CMS has a Buy Rating and a $59.50 Price Target. CMS closed at $19.13 on Friday.