From Washington Policy to Wall Street Securities – Timely Impact Analysis for Investors
Bradley Woods & Co. Ltd.
Bradley Woods & Co.
Dispensing policy insight for our clients’ investing and financing needs since 1970.
Daily Impact: April 17, 2014
Allscripts Healthcare Solutions (NASDAQ: MDRX)
Members of the Senate Finance Committee and the House Ways and Means Committee are working on draft provisions covering "meaningful use" incentive payments. Such payments are made to Medicare providers to adopt electronic medical records systems from companies that have met certain standards and have proven track records. The provision could boost market share for established medical records companies such as Allscripts Healthcare Solutions (NASDAQ: MDRX). While such a bill has been discussed in the past, the bipartisan, bicameral nature of this provision gives it a better chance at passage than previous proposals.