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Zacks Analyst Blog Highlights: Apple Inc., Microsoft Corp, Quality Systems Inc., Allscripts-Misys Healthcare Solutions, Inc. and Cerner Corp. – Press Releases

Zacks Market Commentaries (November 16th, 2009) Writes:

For Immediate Release

Chicago, IL – November 16, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Apple Inc. (AAPL), Microsoft Corp (MSFT), Quality Systems Inc. (QSII), Allscripts-Misys Healthcare Solutions, Inc. (MDRX) and Cerner Corp. (CERN).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Friday’s Analyst Blog:

Apple Opens New Store in New York

Apple Inc. (AAPL) will open its newest retail store with an 8,500 square feet retail space in New York tomorrow. The store will help Apple deliver more Macs, iPods and iPhones, taking advantage of the coming holiday

...

Quality Systems Barely Beats – Analyst Blog

Zacks Market Commentaries (November 13th, 2009) Writes:
Quality Systems Inc. (QSII) reported fiscal second-quarter earnings of 41 cents, beating the Zacks Consensus Estimate by a penny and the year-ago earnings by 4 cents.   Total revenues for the quarter increased 21.5% to $71.69 million from $58.98 million. The company’s NextGen Healthcare Information Systems division posted revenue of $67.4 million for the reported quarter, representing a 23% increase from the previous year.   Category-wise, System sales, including software, hardware and supplies, increased 5.9% to $26.24 million from $24.78 million. Revenues from maintenance, electronic data interchange (EDI), revenue cycle management (RCM) and other services grew 32.9% to $45.46 million from $34.19 million in the year-ago period.   The total cost of system sales, including software, hardware and supplies increased 16.8% to $7 million. Total cost of maintenance, EDI, RCM and other services for the quarter were $21.27 million as against $15.2 million in the year-ago quarter, up ...

Allscripts Benefits – Analyst Blog

Zacks Market Commentaries (October 21st, 2009) Writes:
Allscripts-Misys Healthcare Solutions Inc. (MDRX) recently benefited from the $1 million federal grant secured by U.S. Senator Patrick Leahy and Vermont Information Technology Leaders Inc. that will provide incentives to physicians and independent pharmacies of Vermont to adopt health information technology. Allscripts benefited from this move as it has recently entered into a strategic alliance with Vermont Information Technology Leaders Inc.  Vermont Information Technology is a non-profit organization facilitating the expanded use of health care IT in Vermont. Vermont is the most improved state in the U.S. for electronic prescribing and Allscripts has a strong presence there. Per the recently entered agreement with Allscripts, the health care providers of Vermont will use Allscripts products and services through Vermont Information Technology Leaders at preferred pricing.  Allscripts offers physicians three different electronic health record (EHR) systems, all of which have a world-class functionality. It has been seen that ...

Zacks Analyst Blog Highlights: Allscripts-Misys Healthcare Solutions, Inc., Intuit Inc., Cerner Corporation, Quality Systems Inc. and MedAssets Inc. – Press Releases

Zacks Market Commentaries (October 14th, 2009) Writes:

For Immediate Release

Chicago, IL – October 14, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Allscripts-Misys Healthcare Solutions, Inc. (MDRX), Intuit Inc. (INTU), Cerner Corporation (CERN), Quality Systems Inc. (QSII) and MedAssets Inc. (MDAS).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Tuesday’s Analyst Blog:

Allscripts Aligns with Quicken

Allscripts-Misys Healthcare Solutions, Inc. (MDRX) recently entered in an alliance with Intuit Inc. (INTU), a leading provider of business and financial management solutions, to offer Quicken Health Bill Pay.

This is the first online service that integrates with

...

Allscripts Aligns with Quicken – Analyst Blog

Zacks Market Commentaries (October 13th, 2009) Writes:
Allscripts-Misys Healthcare Solutions, Inc. (MDRX) recently entered in an alliance with Intuit Inc. (INTU), a leading provider of business and financial management solutions, to offer Quicken Health Bill Pay. This is the first online service that integrates with Allscripts' practice management and revenue cycle management solutions. As the name indicates, the system helps explain patients their medical bills and enable them to pay online while helping physicians get paid faster. Quicken Health Bill Pay alerts patients more quickly that a payment is due. The system displays how the amount due was calculated in simple mathematics and provides accurate data. The system quickens the patient bill payment process by an average of 18 days compared to the traditional way of using paper check. It also reduces the cost of collection incurred in the traditional process. It’s been observed that many physician practices write off roughly ...

Allscripts Beats Expectations – Analyst Blog

Zacks Market Commentaries (September 30th, 2009) Writes:
Yesterday, Allscripts-Misys Healthcare Solutions, Inc. (MDRX) reported earnings per share of 15 cents for the first quarter of fiscal 2010, beating the Zacks Consensus Estimate of 13 cents. The company reported earnings of 18 cents in the year-ago period. Revenues for the quarter were $167.5 million, compared to $164.7 million in the year-ago quarter. The company reported strong bookings in the quarter. Total bookings were $97.5 million, increasing roughly 47% year over year. The growth can be primarily attributed to strong software as a service (SAS) transactions. SAS bookings were $25.1 million, compared to $13.9 million in the year-ago quarter. A higher SAS booking is an indication of an increasing trend among physicians to use the Electronic Health Record (EHR) systems. This is buoyed by the recent Medicare Improvements for Patients and Providers Act of 2008 (H.R. 6331) passed by the U.S. government that provides ...

Allscripts Allies with Vermont IT – Analyst Blog

Zacks Market Commentaries (September 29th, 2009) Writes:
Allscripts-Misys Healthcare Solutions, Inc. (MDRX) entered a strategic alliance with Vermont Information Technology Leaders, Inc., the non-profit organization facilitating the expanded use of healthcare IT in Vermont. Per the agreement, the health care providers of Vermont will use Allscripts products and services through Vermont Information Technology Leaders at preferred pricing. The strategic alliance is a win-win for both companies. It will enable both the organizations to leverage their expertise in Electronic Health Record (EHR) systems. Allscripts will benefit from its strong presence in Vermont and competitive product portfolio. The company offers physicians three different EHR systems, all of which have a world-class functionality. The U.S. government is putting increasing emphasis on the use of EHR systems these days. This is evident from the recent Medicare Improvements for Patients and Providers Act of 2008 (H.R. 6331) passed by the government. The Act, for the first time ever, ...

Beacon Equity Research Featured Company: Quality Systems Inc. (QSII)

QualityStocks (August 14th, 2009) Writes:

Quality Systems Inc. is one of the top healthcare software vendors in the U.S. They engage in the development and marketing of healthcare information systems in the United States.

The company also provides revenue cycle management services, as well as hardware and software installation, maintenance and support services, system training, and electronic data interchange services.

The ever increasing demand for healthcare worldwide has resulted in tremendous growth in the market for healthcare products and services. Quality Systems, Inc. stands ready with its team of highly trained professionals to meet the demands of this market.

Let us hear your thoughts: Quality Systems Inc. Message Board

Zacks Analyst Blog Highlights: Allscripts-Misys Healthcare Solutions, Cerner Corporation, Quality Systems Inc., MedAssets Inc. and Zions Bancorporation – Press Releases

Zacks Market Commentaries (July 22nd, 2009) Writes:

For Immediate Release

Chicago, IL – July 22, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Allscripts-Misys Healthcare Solutions (MDRX), Cerner Corporation (CERN), Quality Systems Inc. (QSII), MedAssets Inc. (MDAS) and Zions Bancorporation (ZION).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Tuesday’s Analyst Blog:

AllScripts Posts Strong Q4 & FY

Allscripts-Misys Healthcare Solutions (MDRX) reported fourth quarter and full fiscal year 2009 results. Both Non-GAAP EPS and revenue for the quarter exceeded the Street’s expectations.

Non-GAAP EPS was $0.16, above the $0.15 expected by the Street. Total revenue for

...

AllScripts Posts Strong Q4 & FY – Analyst Blog

Zacks Market Commentaries (July 21st, 2009) Writes:
Allscripts reports strong fourth quarter and full year results Allscripts-Misys Healthcare Solutions (MDRX) reported fourth quarter and full fiscal year 2009 results. Both Non-GAAP EPS and revenue for the quarter exceeded the Street’s expectations. Non-GAAP EPS was $0.16, above the $0.15 expected by the Street. Total revenue for the quarter was $166.2 million, compared to the Street’s expectations of $160.5 million.   Quarterly results   Total revenue for the quarter increased 71% y/y. Growth was seen across all business segments. Total non-GAAP revenue for the quarter was $168.8 million, a decline of roughly 3% y/y. Non-GAAP revenue included a deferred revenue adjustment in the quarter and the standalone Allscripts revenue before the merger in the year-ago quarter. Margins Gross margin increased due to higher total revenue (↑71% y/y) that offset the increased cost of sales (↑60% y/y). However, higher selling, general and administrative ...

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