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Analyst Interview Excerpt
INVESTING IN HEALTHCARE IT – TODD C. WELLER – STIFEL, NICOLAUS & COMPANY, INC.


Full article published: 08/10/2009


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TWST: Is it correct that the health IT space is getting a lot of increased attention because of the stimulus bill and the new Administration's focus?
Mr. Weller: I think that's accurate. I can tell you that my telephone's incoming call volumes on health IT from December through the stimulus signing increased significantly. Interest is not at the same levels as then but remains high and higher than pre-stimulus levels.

TWST: Is the stimulus package enough to justify this pickup in interest?
Mr. Weller: I think that remains to be seen. I think there are a lot of industries that can benefit from the broader economic stimulus, and there are a lot of general things that occur there, but I think what's interesting with respect to health IT are the specific monetary incentives for hospitals and doctors to adopt and show that they are using electronic health records. The open questions are the timing and the magnitude of increased adoption and whether this will live up to the expectations embedded in the stocks.

 

Tickers included in this excerpt: ATHN, CERN, CPSI, ECLP, MDRX, QSII

 

For more information call (212) 952 7433. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.