STOCK TITAN

Veradigm - MDRX STOCK NEWS

Welcome to our dedicated page for Veradigm news (Ticker: MDRX), a resource for investors and traders seeking the latest updates and insights on Veradigm stock.

Veradigm Inc. (NASDAQ: MDRX) is a prominent player in the healthcare information technology sector, dedicated to enhancing clinical, financial, and operational results through innovative IT solutions. The company's core business revolves around creating an expansive, open, and connected community of health, which bridges the gaps between people, places, and data. This connectivity is pivotal in empowering caregivers to make informed decisions and deliver superior care, ultimately leading to healthier populations.

Veradigm's comprehensive suite of solutions includes electronic health records (EHR), practice management systems, revenue cycle management, and patient engagement tools. These products are meticulously designed to streamline healthcare operations, improve patient outcomes, and navigate the evolving landscape of healthcare delivery.

Recently, Veradigm has faced significant changes. The company was replaced in the S&P SmallCap 600 by Sprinklr Inc. (NYSE: CXM) and was suspended from the NASDAQ Stock Market effective February 29, 2024, due to non-compliance with NASDAQ listing rules. Despite these challenges, Veradigm continues to innovate and adapt, focusing on delivering value through their cutting-edge technology solutions.

Veradigm's commitment to connectivity extends to their robust partnerships and collaborations. These alliances enhance their ability to offer integrated solutions that meet the dynamic needs of the healthcare sector. Veradigm's financial condition and strategic initiatives reflect their dedication to maintaining leadership in the healthcare IT domain.

For more details and the latest updates on Veradigm Inc., visit their official website or follow their social media channels on Twitter, YouTube, and their blog.

Rhea-AI Summary
Veradigm and Holmusk announce the next stage in their strategic collaboration, expanding the NeuroBlu Database by millions of patients to enhance behavioral health research and outcomes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
Tags
none
-
Rhea-AI Summary
Veradigm Inc. and On Belay Health Solutions announce strategic collaboration to support primary care providers in improving patients’ health outcomes and strengthening their practices’ financial foundation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.76%
Tags
none
-
Rhea-AI Summary
Veradigm Inc. (Nasdaq: MDRX) received a notice from Nasdaq indicating that its shares would be delisted due to noncompliance with filing requirements. The company has been unable to file its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q due to internal control failures. Veradigm expects to file the reports during Q4 2023 and intends to appeal the delisting determination. The company may request a hearing before a Nasdaq Hearings Panel to temporarily stay the delisting action.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
Tags
none
Rhea-AI Summary
Veradigm Inc. (Nasdaq: MDRX) will not be filing its Annual Report on Form 10-K and Quarterly Reports on Forms 10-Q as expected due to accounting and internal control errors. The extended timeline is caused by the need to build a new supplemental revenue system tool and aggregate historical transaction data. The company anticipates receiving a delisting notice from Nasdaq but intends to request an extended stay. The estimated cumulative impact of the errors is revised down to approximately $20 million. The company affirms its financial guidance for Fiscal 2023 with expected revenue between $615 million and $635 million, and Non-GAAP Adjusted EBITDA between $160 million and $170 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.04%
Tags
none
-
Rhea-AI Summary
Veradigm Inc. (NASDAQ: MDRX) received a notice from Nasdaq for noncompliance with filing reports. Compliance plan approved for Form 10-K and Q1 Form 10-Q. No immediate effect on stock listing. Internal control failures causing delays in filing. Uncertainty about meeting September 18 deadline.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.83%
Tags
none
-
Rhea-AI Summary
Veradigm Inc. (NASDAQ: MDRX) has signed two multi-year healthcare provider agreements during the second quarter. State of Franklin Healthcare Associates (SOFHA), one of Veradigm's largest EHR clients, expanded its agreement to include Veradigm Revenue Cycle Services. Total Orthopedics and Sports Medicine also contracted for Veradigm Revenue Cycle Services, Veradigm Payerpath, Veradigm Guided Scheduling, and Veradigm FollowMyHealth to enhance patient experience and billing process. Veradigm's technology and services have helped drive growth across the business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.45%
Tags
partnership
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.35%
Tags
none
-
Rhea-AI Summary
Veradigm Inc. (Nasdaq: MDRX) has been granted an exception until September 18, 2023, to file its Annual Report on Form 10-K for 2022 and Quarterly Report on Form 10-Q for Q1 2023. The delay in filing is due to internal control failures and the need to restate previously reported results, resulting in an expected reduction of revenue from continuing operations of approximately $40 million across 2021 and 2022. The Company's comprehensive review has concluded on the nature and extent of the errors, but more time is needed to complete the audit procedures.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.41%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.18%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
none

FAQ

What is the current stock price of Veradigm (MDRX)?

The current stock price of Veradigm (MDRX) is $5.1 as of February 26, 2025.

What is the market cap of Veradigm (MDRX)?

The market cap of Veradigm (MDRX) is approximately 807.3M.

What is Veradigm Inc.?

Veradigm Inc. is a leading provider of healthcare information technology solutions aimed at improving clinical, financial, and operational outcomes.

What type of products does Veradigm offer?

Veradigm offers a range of products including electronic health records (EHR), practice management systems, revenue cycle management, and patient engagement tools.

Why was Veradigm suspended from the NASDAQ Stock Market?

Veradigm was suspended from the NASDAQ Stock Market due to non-compliance with NASDAQ listing rules as of February 29, 2024.

Who replaced Veradigm in the S&P SmallCap 600 index?

Sprinklr Inc. (NYSE: CXM) replaced Veradigm in the S&P SmallCap 600 index effective March 4, 2024.

What distinguishes Veradigm’s healthcare solutions?

Veradigm’s solutions are distinguished by their ability to connect people, places, and data, which empowers caregivers to make better decisions and improve patient care.

Where can I find more information about Veradigm?

More information about Veradigm can be found on their official website, Twitter, YouTube, and their blog.

What is the primary focus of Veradigm’s technology?

Veradigm's technology focuses on creating an open, connected community of health that enhances interoperability and data sharing in healthcare.

How does Veradigm support healthcare providers?

Veradigm supports healthcare providers by offering tools that streamline operations, improve patient outcomes, and facilitate effective decision-making.
Veradigm

Nasdaq:MDRX

MDRX Rankings

MDRX Stock Data

807.30M
105.42M
1.12%
22.77%
Health Information Services
Healthcare
Link
United States
Chicago