Stock index for public health IT companies dropped nearly 10%

Laura Pedulli | | Health Exec | EMR/EHR

The stock price index of public companies in the health IT space dropped during the first half of 2014 by 9.6 percent, according to a report from Health Growth Partners, an Ill.-based firm.

The decline is a significant change, as in during 2012 and 2013, the stock index had risen 23.2 percent and 53.2 percent, respectively.

For the report, the researchers analyzed the stock index of 23 health IT companies. Of these, only eight companies saw an increase in their stock price: Everyday Health (36.9 percent); WebMD (25.2 percent); Health Insurance Innovation (22.9 percent); MedAssets (16.6 percent);IMS Health Holdings (11.7 percent); Imprivata (5.7 percent); Computer Programs & Systems (5 percent); and Allscripts Healthcare Solutions (4.3 percent).

The companies with the worst stock price performance included Castlight, which decreased by 61.8 percent and Covisint, which fell 61.4 percent.

Read the report here.

Laura Pedulli

Related Content

Private equity-backed cardiology group puts cloud-based technology in hands of its cardiologists
AI helps cardiologists deliver personalized healthcare—but there is still plenty of work to do
Indiana hospitals reduce nuisance alerts by 77% with medication decision support software
Leveraging machine learning to rapidly create clinical AI algorithms
How medication reconciliation data consolidation in the EHR enables better patient care
How are the best in KLAS Health IT vendor rankings created?

Around the web

Cardiovascular Business
Q&A: MedAxiom CEO explores key trends in cardiologist, cardiovascular surgeon compensation

Compensation for heart specialists continues to climb. What does this say about cardiology as a whole? Could private equity's rising influence bring about change? We spoke to MedAxiom CEO Jerry Blackwell, MD, MBA, a veteran cardiologist himself, to learn more.

Cardiovascular Business
Payment cuts and beyond: Key takeaways for cardiologists from the 2025 Medicare Physician Fee Schedule

The American College of Cardiology has shared its perspective on new CMS payment policies, highlighting revenue concerns while providing key details for cardiologists and other cardiology professionals. 

AI in Healthcare
A modest proposal to rally AI regulators around a simple game plan

As debate simmers over how best to regulate AI, experts continue to offer guidance on where to start, how to proceed and what to emphasize. A new resource models its recommendations on what its authors call the “SETO Loop.”