Healthcare Tech Stocks With Upside Growth Potential
PALM BEACH, Florida, December 1, 2016 /PRNewswire/ --
Telemedicine, or Patient Care Application Technology is experiencing a boom worldwide, and hospitals are key drivers of this growth spurt, experts say. The healthcare sector as a whole continues to see success with the advancement of technologies as companies announce various new products, including a state of the art remote patient monitoring systems. Market news updates covering Quality Systems, Inc., (NASDAQ: QSII), Reliq Health Technologies Inc. (OTC: RQHTF) (TSX-V: RHT), Allscripts Healthcare Inc. (NASDAQ: MDRX), Evolent Health, Inc. (NYS: EVH) and IMS Health Holdings, Inc. (NYSE: IMS).
Reliq Health Technologies Inc. (OTCQB: RQHTF) (RHT.V), a technology company focused on developing innovative mobile health (mHealth) and telemedicine solutions for Community-Based Healthcare, is pleased to announce that it has begun enrolling patients for the pilot of its remote patient monitoring and secure communication solution with The Feldman Institute in Baton Rouge, Louisiana. The pilot will evaluate the use of Reliq Health's technology with patients who have been discharged home after interventional pain management surgery, or have returned to their homes between treatments at The Feldman Institute. Read this full release and recent news releases for Reliq Health Technologies at http://marketnewsupdates.com/news/rqhtf.html
"We are very pleased to be enrolling patients and launching our pilot of the Reliq Health platform with The Feldman Institute," said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. "Our virtual care solution allows patients to receive high quality follow up care from the comfort of their own homes. Patients can communicate with their care team at The Feldman Institute using Reliq's cloud-based secure messaging, videoconferencing and virtual visits. The Reliq Health cloud provides access to patient education materials and instructional videos, empowering patients and their families to actively participate in their own care at home. We look forward to working with The Feldman Institute to improve treatment outcomes, reduce the risk of post-surgical complications and increase access to specialized pain management care for their chronic pain patients."
"One of our key goals at The Feldman Institute is to provide our patients with compassionate, accessible healthcare." said Dr. Arnold E. Feldman, Medical Director at The Feldman Institute and First Choice Surgery Center. "Our pilot with Reliq Health is designed to validate the use of their virtual care solution to help our patients better manage and document their symptoms in the home, and facilitate secure and timely communication between patients and family members and their care team at The Feldman Institute. Many of our patients travel great distances to receive cutting edge pain management surgery and other treatments at our facility. With Reliq Health's remote patient monitoring and secure communication platform we can continue to provide high quality care to these patients even after they return home."
The Feldman Institute's mission is to relieve chronic pain and restore health, comfort and quality of life in a collaborative and compassionate environment. The Feldman Institute is committed to eliminating pain through research and innovation while working closely with each patient to find their appropriate level of care. The Feldman Institute is dedicated to helping its patients through a comprehensive program of interventional pain management. The Feldman Institute specializes in performing minimally invasive, outpatient, and Endoscopic Discectomy procedures to address problems such as herniated discs, bulging discs, or ruptured discs. These advanced procedures are alternatives to open back and neck surgery and do not require general anesthesia. Patients undergoing these procedures experience far less trauma and a much shorter recovery time. The diagnosis and treatment techniques offered at the Feldman Institute represent the leading edge of recent medical advances.
In other healthcare sector related developments and announcements in markets of note:
2bPrecise LLC, a wholly owned subsidiary of Allscripts Healthcare Inc. (NASDAQ: MDRX), will deploy its cloud-based genomics and precision medicine solution at Holston Medical Group (HMG). HMG is one of the largest multi-specialty providers in the Southeastern United States, and a national leader in clinical research and EHR integration. The organization will use the clinical-genomic solution in the areas of behavioral health to improve the quality of patient care and patient-reported outcomes.
NextGen Healthcare Information Systems, LLC, a wholly owned subsidiary of Quality Systems, Inc., (NASDAQ: QSII) this month kicked off its annual User Group Meeting (NextGen™ ONE UGM) at the Mandalay Bay Resort in Las Vegas, NV. This year there will be a focus on educating clients on the Medicare Access and CHIP Reauthorization Act (MACRA) and its final rule released October 14, 2016, as well as CMS' Quality Payment Program (QPP). The four-day conference will include numerous educational sessions, deeper dives into MACRA, and how to succeed in making the transition to value-based care.
Evolent Health, Inc. (NYS: EVH), a company providing an integrated value-based care platform to the nation's leading health systems and physician organizations ("Evolent Health"), this week announced the pricing of $110.0 million aggregate principal amount of 2.00% convertible senior notes due 2021. The notes are being offered only to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Evolent Health has also granted the initial purchasers in the offering a 30 day option to purchase up to an additional $15.0 million aggregate principal amount of notes.
Quintiles IMS Holdings, Inc. last month announced that it has successfully completed its merger of equals transaction between IMS Health Holdings, Inc. (NYSE: IMS) and Quintiles Transnational Holdings Inc. The merger of IMS Health, a leading global information and technology services company, and Quintiles, the world's largest provider of product development and integrated healthcare services, creates a leading information and tech-enabled healthcare service provider with global scale and reach, and a full suite of end-to-end clinical and commercial offerings.
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