Boston, MA, 02/24/2014 – The catching momentum in Population health continues to drive Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) positive. This is evdident from the company’s population health plaform which reaped 40% of booking in the third quarter and 42% in the fourth quarter, Population health is one of the emerging category which utilizes electonic medical data to manage and augment the results for group of patients. This is done through data aggregation, care coordination and risk stratification. Also, the company see improved interest from its SaaS offerings which accounts for 44% of the booking as well as solid strength of core EHR products. Therefore, experts believe that population health is one segment where Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) has the biggest advantage.
J.C. Penney Company, Inc. (NYSE:JCP) is scheduled to report its fourth quarter report this Wednesday, February 26th,2014, after close of the trading session. But as per analysts, the struggling retailer’s cash situation is not near to any sign of improvement. Analyst at Sterne Agee continue to maintain the dismal outlook over its cash situation and maintains its ‘Neutral’rating ahead of the results.Sterne has suspended its price target of $3 for the retailer. While analyst Charles Grom estimates that J.C. Penney Company, Inc. (NYSE:JCP)’s cash might plunge to as low as $250 million in the third quarter, forcing it to take another major step to continue to honor its bills. As per the Reuters’ polled analyst consensus, the estimate for EPS stays at a loss of 82 cents on revenue of $3.85 billion.
A report reveals that U.S. Bancorp (NYSE:USB)‘s Community Lending Division financed $1 billion worth of new loans, extended to the communities who are in need of the affordable housing. The division provides funding to developers for the construction, restoration and procurement of rental housing for low to moderate income group families and individuals. The group lent almost $1.1 billion loans in the year 2013, above from the previous year’s $950 million. The Lending Division’s executive vice-president Kyle Hansen quoted that the $1 billion mark is significant for the group and indicated the need of affordable housing in the country.