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Which Health-Care IT Companies Will Come Out on Top?

Health-care IT has been one of the few reform initiatives that has garnered bipartisan support.

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While health-care reform continues to be mired in debate, one of the few initiatives that has garnered bipartisan support has been the development of electronic health records (EHRs) and interoperable health-care information technology (HIT). Numerous studies have shown that the implementation of this technology can improve both operating costs and the quality of care, and the Health Information Technology for Economic and Clinical Health (HITECH) Act, which passed in February 2009, provides federal funding by way of grants and incentive payments in order to promote HIT adoption.

Although a meaningful implementation of this technology may take the better part of a decade, a few key factors may help determine which companies will come out on top.  In our April issue of Healthcare Observer, our health-care analysts offered a review of the current state of the industry and the challenges to achieving rapid uptake among hospitals and physicians.

Patrick Dunn does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.