Markets
Focus Stock of the Week CERNER CORPORATION (CERN) This week's Focus Stock of the Week is Cerner Corporation (CERN: $60), which carries Standard&Poor's highest investment recommendation of 5-STARS, or Strong Buy. According to Frost & Sullivan, a business research and consulting firm, health care information technology (HIT) is an estimated $20 billion industry that is forecasted to grow at a compound annual growth rate (CAGR) of 13% over the next five years, to $37 billion. Fueling the industry’s robust growth are new regulatory requirements stipulating the adoption of health care information technology and the growing recognition that HIT can improve safety, quality of care and efficiency while lowering overall health care costs.... |
Industry Profile
Health Care Technology We have a positive fundamental outlook for the health care technology sub-industry for the next 12 months. This view reflects our belief that the group will be boosted in coming periods by the federal government’s American Recovery and Reinvestment Act (ARRA), which offers financial incentives to hospitals and clinicians to support investment in health care information technology. This sub-industry includes companies that provide application, systems and/or data processing software, Internet-based tools and IT consulting services to doctors, hospitals and health care businesses.... |
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