Health Care Technology

Leading medical billing and records software provider Athenahealth Inc (ATHN) has announced that Texas-based non-profit healthcare company CHRISTUS Health has adopted its comprehensive suite of web-based solutions. CHRISTUS will implement Athenahealth's services for its fast expanding “CHRISTUS...

• Best Buy (NYSE: BBY) posted earnings sharply above estimates at 60 cents, versus estimates of 44 cents on revenues of $11.34 billion • MedAssets (NASDAQ: MDAS) plans to purchase The Broadlane Group for $850 million in cash • Reports say Green Mountain Coffee Roasters (NASDAQ: GMCR) is planning to...

US Energy moved down after posting gains in the earlier session. The NYSE Arca Oil Index (XOI) lost about 0.36%, while the NYSE Arca Natural Gas Index (XNG) moved down about 0.49%. The Philadelphia Oil Service Index (OSX) also dropped about 0.81%. Retail stocks gained after a better-than-expected...

TowerBrook Capital Partners, L.P. announced today that it has signed a definitive agreement to sell its portfolio company, The Broadlane Group, Inc. to MedAssets, Inc. (NASDAQ: MDAS). Broadlane is a leading provider of cost management solutions to the U.S. healthcare industry. Under the terms of...

REACH Call, Inc. today announced that Ken Rardin has joined the company as president and chief executive officer. Rardin is a seasoned executive who has led several software and services companies, four of which were public. Rardin has served as President & CEO of IMNET Systems, Inc. (NASDAQ:...

Merge Healthcare (MRGE) entered into a new contract with McLeod Health, which would integrate Merge's cardiology workflow solutions with McLeod's existing radiology solution. Following this agreement, McLeod will have access to Merge's Vericis and Hemodynamics, which would complement its existing...

Leading medical billing and records software provider Athenahealth Inc. (ATHN) has announced that it has been selected as a preferred vendor for electronic health record (EHR) solutions by Massachusetts e-Health Institute (MeHI), a unit of the Massachusetts Technology Collaborative ("MTC"), the...

We reiterate our Neutral recommendation on Quality Systems (QSII) taking into account its well-recognized brand name as a provider of Electronic Health Record (EHR). At the same time, the ambulatory space, which is of concern to the company, is becoming more crowded, especially at the low-end of...

Pre-open movers US stock futures wiped its previous losses and are currently trading higher after the successful bond auction by the government of Portugal. This latest development has compensated for the weak German economic data. Futures on the Dow Jones Industrial Average were recently up 25.00...

HealthStream, Inc. (NASDAQ: HSTM) today announced that C. Martin Harris, M.D., Chief Information Officer at Cleveland Clinic, and Deborah Taylor Tate, former commissioner of the Federal Communications Commission, have joined its Board of Directors. Both Dr. Harris’ and Ms. Tate’s extensive...

Allscripts Healthcare Solutions Inc. (MDRX), a leading vendor focused on healthcare information technology, has announced the completion of its merger with peer Eclipsys Corporation. The combined organization will focus on empowering providers collaborate through connected healthcare communities,...

Point Roberts, WA (Investorideas.com Newswire) September 3, 2010- InvestorIdeas.com, leader in sector research for investors, reports on recent Healthcare Technology Stocks news and trading for September 3rd. Healthcare Technology Stocks include Healthmed Services Ltd. (OTCBB: HEME), Cytta Corp. (...

Deutsche Bank is reinstating its coverage on Allscripts (NASDAQ: MDRX), after the company merged with Eclipsys. It rates shares at Hold, and has a $19.50 price target. In a note to clients, Deutsche Bank writes, "ECLP transaction may yield upside but valuation and risks currently balanced We have...