Get in on the Medical Records Gold Mine with (MDRX)
Allscripts-Misys Healthcare Solutions (NASDAQ:MDRX) has a big presence in the Electronic Medical
Records field - what could be a gold mine for investors in the coming years.
The EMR field is heating up, thanks in part to a big push from the federal government. Analysts expect a frenzy of consolidation and spending.
The Obama plan is spend a total of $20 billion of stimulus funds on hospitals and doctors offices that can prove by October 2010 that they use certified EHR "meaningfully." Those hospitals and physicians' offices that qualify become eligible for Medicare and Medicaid incentives through 2014, which experts say will average $7 million per year per hospital. Those that do not use electronic health records by 2015 will get their Medicare funding reduced.
Masters, jump on the Medical Records bandwagon now before it's too late!
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