health it update

Health IT Update

Stock Tickers: EMED, MCK, HLTH, CERN, MDRX

I was reviewing some outstanding issues, and one of the contributors

we use notified us of something that occurred this week. Because of

waves of earnings reports, Bernanke, the stock market, stem cell veto,

Israel, and other factors, this just didn't really seem to get picked

up or even noticed this week.

Our political analyst contributor notified us that this week Congress

did submit an approval list of healthcare providers that were

certified under the attempts to decrease human errors in presriptions

and medical record information that cause harm to patients. The

Institute of Medicine released a report claiming that medication

errors harm at least 1.5 million people and result in extra medical

costs of $3.5 Billion every year. The study recommends the use of

information technology as one solution to the problem and set a goal

of having all prescriptions written electronically by 2010.

Here is a list of the approvals:

* Allscripts (HealthMatics Electronic Health Record 2006)

* Allscripts (TouchWorks Electronic Health Record 10.1.1)

* Cerner Corporation

(PowerChart 2005.02)

* Companion Technologies

(Companion EMR v8.5)

* eClinicalWorks (eClinicalWorks Version 7.0 Release 2)

* Emdeon Practice Services

(Intergy� EHR v3.00)

* e-MDs (e-MDs Solution Series 6.1)

* Epic Systems (EpicCare Ambulatory EMR Spring 2006)

* GE Healthcare

(Centricity� EMR 2005 Version 6.0)

* JMJ Technologies

(EncounterPRO� EHR 5.0)

* McKesson (Horizon Ambulatory Care Version 9.4)

* MCS-Medical Communication Systems (mMD.Net EHR 9.0.9)

* MedcomSoft (Record 2006 (V 3.0))

* Medical Informatics Engineering(WebChart 4.23)

* Misys Healthcare Systems

(Misys EMR 8.0)

* NextGen Healthcare Information Systems (NextGen EMR 5.3)

* Nightingale Informatix Corporation (myNightingale Physician

Workstation 5.1)

* Practice Partner

(Patient Records 9)

Conditional Pre-market Certification

* Community Computer Service (MEDENT 16)

* LSS Data Systems (Medical Practice Management (MPM)

Client/Server 5.5 Service Release 2.1)

Here are the stocks affected:

MedcomSoft is part of MedCom USA (EMED-OTC)

McKesson (MCK)

General Electric (GE)

Emdeon (HLTH)

Cerner (CERN)

Allscripts (MDRX)