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Shares of Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) ended Tuesday session in red amid volatile trading. The shares closed down -0.24 points or -2.00% at $11.77 with 2.75 million shares getting traded. Post opening the session at $12.06, the shares hit an intraday low of $11.69 and an intraday high of $12.10 and the price vacillated in this range throughout the day. The company has a market cap of $2.19 billion and the numbers of outstanding shares have been calculated to be 186.56 million shares.

Allscripts Healthcare Solutions Inc (MDRX) announced the expansion of its next-generation care management solution, the first to enable providers to manage patients across post-acute settings. Allscripts, through the acquisition of CarePort, a pioneer in post-acute outcomes management, extends its breadth as the largest connected acute and post-acute provider network in the industry.

Due to the shift in healthcare reimbursement and legislation focused on delivering critical outcomes, managing post-acute care is now a necessary and integral component of population health strategy. CarePort enables providers to enhance post-acute outcomes and costs by guiding patients across the care continuum and tracking their recovery in real-time. CarePort has three key EHR-agnostic solutions:

CarePort Guide, which facilitates efficient post-acute care selection and helps patients choose high-quality care that is best for their needs;

CarePort Connect, which manages patients across post-acute care settings with real-time data and alerts;

CarePort Insights, which evaluates patient outcomes and post-acute provider performance metrics.

Shares of Qorvo Inc (NASDAQ:QRVO) ended Tuesday session in green amid volatile trading. The shares closed up +0.36 points or 0.65% at $56.01 with 1.21 million shares getting traded. Post opening the session at $55.66, the shares hit an intraday low of $55.16 and an intraday high of $56.65 and the price vacillated in this range throughout the day. The company has a market cap of $7.36 billion and the numbers of outstanding shares have been calculated to be 127.90 million shares.

Qorvo Inc (QRVO) announced the expansion of its CATV product portfolio to include two new control products designed for DOCSIS 3.1 cable networking. The newly added products give cable operators greater network design flexibility to enhance upstream and downstream bandwidth while reducing power consumption.

Kellie Chong, director of CATV and Broadband Access products at Qorvo, said, “Our new digital step attenuator (DSA) and RF switch leverage Qorvo’s technology and product leadership to round out our DOCSIS 3.1 portfolio. The addition of these high-performance control products to the industry’s most comprehensive CATV product portfolio creates a one-stop-shop for DOCSIS 3.1 CATV networks. This enables Qorvo to simplify our customers’ efforts related to design and production while reducing their time-to-market.”

 

 

 

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