Of these 9 US Health Information Services Companies, 6 of them also had their common stocks trading on each of the following three dates:
- On December 31, 2007 during President Bush's second term
- On March 6, 2009, very early in President Obama's first term, which was their lowest point due to the spillover effects resulting from the 2008 financial meltdown, and
- also on the most recent date February 12, 2014.
The historical common stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 6 largest US Health Information Services Companies having their common stocks trading on each of the above three dates had their average stock prices drop by only 12% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.
And in the slightly less than five years since March 6, 2009, the average stock prices of these same 6 largest US Health Information Services Companies have increased by a very impressive 235% through February 12, 2014, led by athenahealth and by Cerner. This 235% average stock price growth is especially superb when you consider that the average stock price of these companies had a very modest 12% decline from the spillover impact of the disastrous 2008 financial meltdown.
These Health Information Services Companies are all major beneficiaries of the Affordable Care Act. And with the new health care technology they have both creatively and quickly developed, and are continuing to develop, they are all substantially helping to get excess costs out of the US Health Care System.
Below here are the stock market prices of each of these 6 largest US Health Information Services Companies having their stocks trading on February 12, 2014, on March 6, 2009, and also on December 31, 2007:
| Market | Market | ||||||
| Price | Price | ||||||
| % | % | ||||||
| Change | Change | ||||||
| Market | Market | Market | 3-6-09 | 12-31-07 | |||
| Price | Price | Price | to | to | |||
| Healthcare Information Services Company | HQs | 2-12-14 | 3-6-09 | 12-31-07 | 2-12-14 | 3-6-09 | |
| athenahealth | Watertown | MA | 181.18 | 26.66 | 36.00 | 580% | -26% |
| Cerner | North Kansas City | MO | 57.95 | 9.18 | 14.10 | 531% | -35% |
| Computer Programs&Systems | Mobile | AL | 66.50 | 24.85 | 22.74 | 168% | 9% |
| Merge Healthcare | Chicago | IL | 2.21 | 1.31 | 1.19 | 69% | 10% |
| MedAssets | Alpharetta | GA | 21.10 | 13.28 | 23.94 | 59% | -45% |
| Quality Systems | Irvine | CA | 17.94 | 17.75 | 15.25 | 1% | 16% |
| Average % Change all 6 | 235% | -12% |
And in the chart below are the stock market prices on February 12, 2014 and on the close of the first trading date of the 3 additional US Health Information Services Companies with current Total Market Capitalizations of at least $100 mil each and which didn't have their common stocks trading on December 31, 2007:
| Closing | ||||||||
| Month | Price | |||||||
| Of | On | |||||||
| Market | First | First | ||||||
| Price | Trading | Trading | % | |||||
| Healthcare Information Services Company | HQs | 2-12-14 | Date | Date | Change | |||
| Medidata Solutions | New York | NY | 57.93 | Jun 2009 | 8.50 | 582% | ||
| Premier Inc | Charlotte | NC | 34.40 | Sep 2013 | 30.65 | 12% | ||
| Veeva Systems | Pleasanton | CA | 31.30 | Oct 2013 | 37.16 | -16% |
