Cerner Corporation (CERN – Analyst Report) continues to win important contracts for its population health management platform – HealtheIntent – which is expected to drive the company’s top line significantly.
HealtheIntent was recently picked by Broward Health which will help the latter’s systems come out with advanced clinical outcomes through superior analysis of patient health and access to a large data base.
Notably, HealtheIntent helps retrieve data from various sources, including Electronic Health Records (EHR) and Health Information Technology (HIT) systems, which in turn helps organizations understand and treat patients better.
Broward Health, which has been a Cerner Millennium client, will also deploy Cerner’s Readmission Prevention – a solution designed to forecast and recognize patients at readmission risks, ease processes across facilities and maintain an integrated workflow.
Digitization of healthcare information through EHRs is a vital step for the medical industry. However, the assimilation of data from EHR platforms and other external sources needs to be done for a more personalized treatment of patients. HealtheIntent intends to provide such a service to Broward Health and other such organizations who have adopted the platform.
In fact, HealtheIntent has been gaining contracts for quite some time now. In October, Geisinger Health System chose Cerner’s HealtheIntent population health management platform to further expand the former’s data-driven population health capabilities.
HealtheIntent, along with Cerner Millennium EHR, was also selected by McLaren Health Care for the implementation of EHR and population health management across their facilities in Michigan. Moreover, these platforms were selected by Western Connecticut Health Network in September and by Baptist Health South Florida in August.
Zacks Rank & Stocks to Consider
Currently, Cerner carries a Zacks Rank #4 (Sell). Better-ranked stocks in the medical sector are Masimo (MASI – Analyst Report), Natus Medical (BABY – Snapshot Report) and Olympus Corp (OCPNY – Snapshot Report). All three stocks sport a Zacks Rank #1 (Strong Buy).
