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Best Health Information Service Stocks to Buy Now (2022)
Top health information service stocks in 2022 ranked by overall Zen Score. See the best health information service stocks to buy now, according to analyst forecasts for the health information services industry.

Industry: Health Information Servic...
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
DOCS
DOXIMITY INC
NYSE
Health Information Services
$7.06B$36.49-10.15%$119.11M45.05x0.17
RCM
R1 RCM INC
NASDAQ
Health Information Services
$10.70B$25.72-3.13%$182.60M95.26x0.85
MDRX
ALLSCRIPTS HEALTHCARE SOLUTIONS INC
NASDAQ
Health Information Services
$1.92B$17.29-0.92%$189.27M38.42x0.43
OMCL
OMNICELL INC
NASDAQ
Health Information Services
$4.66B$105.24-3.86%$152.54M76.26x0.95
SOPH
SOPHIA GENETICS SA
NASDAQ
Health Information Services
$306.15M$4.79-6.08%-$78.57M-3.28x0.18
VEEV
VEEVA SYSTEMS INC
NYSE
Health Information Services
$34.38B$222.05-1.60%$549.13M82.85x0.31
PGNY
PROGYNY INC
NASDAQ
Health Information Services
$3.76B$40.85-8.37%$18.57M80.10x0.49
PINC
PREMIER INC
NASDAQ
Health Information Services
$4.48B$37.930.11%$484.03M17.89x0.57
SDGR
SCHRODINGER INC
NASDAQ
Health Information Services
$2.24B$31.44-4.18%-$137.97M-15.19x0.40
CPSI
COMPUTER PROGRAMS & SYSTEMS INC
NASDAQ
Health Information Services
$447.65M$30.470.07%$48.02M23.08x0.91
SLP
SIMULATIONS PLUS INC
NASDAQ
Health Information Services
$1.32B$65.23-0.58%$18.05M110.56x0.05
OPRX
OPTIMIZERX CORP
NASDAQ
Health Information Services
$403.89M$22.25-6.43%-$713.83k-139.06x0.05
SHCR
SHARECARE INC
NASDAQ
Health Information Services
$528.91M$1.51-1.31%-$34.93M-0.17x0.21
TXG
10X GENOMICS INC
NASDAQ
Health Information Services
$5.12B$44.943.33%-$106.48M-35.39x0.28
HCAT
HEALTH CATALYST INC
NASDAQ
Health Information Services
$639.72M$11.69-1.85%-$95.40M-4.15x0.73
SLGC
SOMALOGIC INC
NASDAQ
Health Information Services
$723.69M$3.97-13.88%-$78.90M-10.45x0.16
GDRX
GOODRX HOLDINGS INC
NASDAQ
Health Information Services
$3.11B$7.810.64%$83.73M-71.00x0.95
MTBC
CARECLOUD INC
NASDAQ
Health Information Services
$52.78M$3.50-6.17%$25.84M-8.54x0.36
PHR
PHREESIA INC
NYSE
Health Information Services
$1.24B$23.72-8.06%-$133.66M-7.63x0.20
SMFR
SEMA4 HOLDINGS CORP
NASDAQ
Health Information Services
$694.14M$1.84-9.36%-$104.13M-0.44x0.57
ACCD
ACCOLADE INC
NASDAQ
Health Information Services
$781.88M$10.98-6.87%-$378.39M-1.81x0.77
ICAD
ICAD INC
NASDAQ
Health Information Services
$95.94M$3.81-4.27%-$12.55M-7.33x0.35
SNCE
SCIENCE 37 HOLDINGS INC
NASDAQ
Health Information Services
$243.59M$2.10-6.25%N/A-105.00x0.34
AGTI
AGILITI INC
NYSE
Health Information Services
$2.44B$18.35-5.41%$292.63M70.58x1.69
SY
SO-YOUNG INTERNATIONAL INC
NASDAQ
Health Information Services
$95.49M$0.91-4.33%N/A-21.05x0.33
CMAX
CAREMAX INC
NASDAQ
Health Information Services
$694.58M$7.9515.22%-$955.06k-113.57x0.32
AUGX
AUGMEDIX INC
NASDAQ
Health Information Services
$56.85M$1.521.33%-$15.65M-2.53x1.55
ZCMD
ZHONGCHAO INC
NASDAQ
Health Information Services
$30.42M$1.22-2.94%$592.22k122.00x0.11
CVET
COVETRUS INC
NASDAQ
Health Information Services
$2.91B$20.810.10%$198.00M-208.10x1.24
EVH
EVOLENT HEALTH INC
NYSE
Health Information Services
$3.22B$35.15-0.59%$49.37M-106.52x1.13
AMWL
AMERICAN WELL CORP
NYSE
Health Information Services
$1.34B$4.88-5.43%-$220.48M-5.48x0.12
ONEM
1LIFE HEALTHCARE INC
NASDAQ
Health Information Services
$3.29B$16.850.06%-$252.66M-8.47x0.56
KERN
AKERNA CORP
NASDAQ
Health Information Services
$5.31M$0.15-6.17%-$41.76M-0.09x0.82
UPH
UPHEALTH INC
NYSE
Health Information Services
$100.83M$0.700.00%-$327.97M-0.21x0.77
FORA
FORIAN INC
NASDAQ
Health Information Services
$130.83M$4.010.25%-$30.66M-3.71x1.56
PRVA
PRIVIA HEALTH GROUP INC
NASDAQ
Health Information Services
$4.00B$36.80-2.41%-$230.54M-18.22x0.61
NUTX
NUTEX HEALTH INC
NASDAQ
Health Information Services
$2.54B$3.937.97%-$19.17M-7.02x0.14
DH
DEFINITIVE HEALTHCARE CORP
NASDAQ
Health Information Services
$3.70B$23.85-5.84%$69.57M-183.46x0.70
HSTM
HEALTHSTREAM INC
NASDAQ
Health Information Services
$722.36M$23.63-1.54%$45.83M102.74x0.46
STRM
STREAMLINE HEALTH SOLUTIONS INC
NASDAQ
Health Information Services
$81.09M$1.67-1.76%-$3.20M-11.13x0.91
CHNG
CHANGE HEALTHCARE INC
NASDAQ
Health Information Services
$7.98B$24.320.37%$820.04M-101.33x1.93
CNVY
CONVEY HEALTH SOLUTIONS HOLDINGS INC
NYSE
Health Information Services
$764.88M$10.450.00%$37.68M-61.47x0.70
TDOC
TELADOC HEALTH INC
NYSE
Health Information Services
$5.72B$35.41-8.71%-$9.63B-0.58x0.33
NXGN
NEXTGEN HEALTHCARE INC
NASDAQ
Health Information Services
$1.17B$17.22-0.40%$49.59MN/A0.42
HLTH
CUE HEALTH INC
NASDAQ
Health Information Services
$639.95M$4.34-2.03%N/AN/A0.36
PEAR
PEAR THERAPEUTICS INC
NASDAQ
Health Information Services
$270.68M$1.960.51%N/AN/A1.48
SGFY
SIGNIFY HEALTH INC
NYSE
Health Information Services
$5.27B$22.502.04%-$229.70M-11.84x0.87
HQY
HEALTHEQUITY INC
NASDAQ
Health Information Services
$5.12B$60.65-0.16%$106.52M-91.89x0.65
BEAT
HEARTBEAM INC
NASDAQ
Health Information Services
$12.66M$1.593.25%N/A-1.27x0.04
UTRS
MINERVA SURGICAL INC
NASDAQ
Health Information Services
$77.57M$2.690.00%N/AN/A1.89
TRHC
TABULA RASA HEALTHCARE INC
NASDAQ
Health Information Services
$133.09M$5.07-1.93%-$63.50M-1.04x-73.49
HCTI
HEALTHCARE TRIANGLE INC
NASDAQ
Health Information Services
$29.99M$0.761.33%-$4.86M-3.03x0.59
WORX
SCWORX CORP
NASDAQ
Health Information Services
$8.80M$0.771.32%-$3.69M-2.26x0.51
MSPR
MSP RECOVERY INC
NASDAQ
Health Information Services
$27.68M$1.50-3.23%-$2.54M-3.13x-1.00
NH
NANTHEALTH INC
NASDAQ
Health Information Services
$64.48M$0.56-0.53%-$25.98M-1.16x-1.89
BBLN
BABYLON HOLDINGS LTD
NYSE
Health Information Services
$372.21M$0.90-8.26%N/AN/A6.33
ACON
ACLARION INC
NASDAQ
Health Information Services
$8.53M$1.09-5.22%N/AN/A-1.13

Health Information Service Stocks FAQ

What are the best health information service stocks to buy right now in Aug 2022?

According to Zen Score, the 3 best health information service stocks to buy right now are:

1. R1 Rcm (NASDAQ:RCM)


R1 Rcm (NASDAQ:RCM) is the top health information service stock with a Zen Score of 53, which is 24 points higher than the health information service industry average of 29. It passed 18 out of 33 due diligence checks and has strong fundamentals. R1 Rcm has seen its stock return 24.25% over the past year, overperforming other health information service stocks by 66 percentage points.

R1 Rcm has an average 1 year price target of $27.50, an upside of 6.92% from R1 Rcm's current stock price of $25.72.

R1 Rcm stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering R1 Rcm, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Doximity (NYSE:DOCS)


Doximity (NYSE:DOCS) is the second best health information service stock with a Zen Score of 53, which is 24 points higher than the health information service industry average of 29. It passed 18 out of 33 due diligence checks and has strong fundamentals. Doximity has seen its stock lose -31.86% over the past year, overperforming other health information service stocks by 10 percentage points.

Doximity has an average 1 year price target of $45.64, an upside of 25.08% from Doximity's current stock price of $36.49.

Doximity stock has a consensus Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Doximity, 50% have issued a Strong Buy rating, 28.57% have issued a Buy, 7.14% have issued a hold, while 7.14% have issued a Sell rating, and 7.14% have issued a Strong Sell.

3. Allscripts Healthcare Solutions (NASDAQ:MDRX)


Allscripts Healthcare Solutions (NASDAQ:MDRX) is the third best health information service stock with a Zen Score of 50, which is 21 points higher than the health information service industry average of 29. It passed 16 out of 33 due diligence checks and has strong fundamentals. Allscripts Healthcare Solutions has seen its stock return 0.76% over the past year, overperforming other health information service stocks by 43 percentage points.

Allscripts Healthcare Solutions has an average 1 year price target of $22.00, an upside of 27.24% from Allscripts Healthcare Solutions's current stock price of $17.29.

Allscripts Healthcare Solutions stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Allscripts Healthcare Solutions, 25% have issued a Strong Buy rating, 25% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the health information service stocks with highest dividends?

Out of 2 health information service stocks that have issued dividends in the past year, the 2 health information service stocks with the highest dividend yields are:

1. Premier (NASDAQ:PINC)


Premier (NASDAQ:PINC) has an annual dividend yield of 2.11%, which is 1 percentage points higher than the health information service industry average of 1.24%.

Premier's dividend payout ratio of 37.3% indicates that its dividend yield is sustainable for the long-term.

2. Simulations Plus (NASDAQ:SLP)


Simulations Plus (NASDAQ:SLP) has an annual dividend yield of 0.37%, which is -1 percentage points lower than the health information service industry average of 1.24%. Simulations Plus's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Simulations Plus's dividend has shown consistent growth over the last 10 years.

Simulations Plus's dividend payout ratio of 40.7% indicates that its dividend yield is sustainable for the long-term.

Why are health information service stocks down?

Health information service stocks were down -2.51% in the last day, and down -0.81% over the last week. Optimizerx was the among the top losers in the health information services industry, dropping -6.43% yesterday.

OptimizeRx shares are trading lower after the company reported worse-than-expected Q2 EPS and sales results and issued FY22 sales guidance below estimates.

What are the most undervalued health information service stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued health information service stocks right now are:

1. Computer Programs & Systems (NASDAQ:CPSI)


Computer Programs & Systems (NASDAQ:CPSI) is the most undervalued health information service stock based on WallStreetZen's Valuation Score. Computer Programs & Systems has a valuation score of 71, which is 46 points higher than the health information service industry average of 25. It passed 5 out of 7 valuation due diligence checks.

Computer Programs & Systems's stock has dropped -10.67% in the past year. It has overperformed other stocks in the health information service industry by 31 percentage points.

2. Premier (NASDAQ:PINC)


Premier (NASDAQ:PINC) is the second most undervalued health information service stock based on WallStreetZen's Valuation Score. Premier has a valuation score of 57, which is 32 points higher than the health information service industry average of 25. It passed 4 out of 7 valuation due diligence checks.

Premier's stock has gained 6.57% in the past year. It has overperformed other stocks in the health information service industry by 48 percentage points.

3. Zhongchao (NASDAQ:ZCMD)


Zhongchao (NASDAQ:ZCMD) is the third most undervalued health information service stock based on WallStreetZen's Valuation Score. Zhongchao has a valuation score of 43, which is 18 points higher than the health information service industry average of 25. It passed 3 out of 7 valuation due diligence checks.

Zhongchao's stock has dropped -27.38% in the past year. It has overperformed other stocks in the health information service industry by 14 percentage points.

Are health information service stocks a good buy now?

50% of health information service stocks rated by analysts are a buy right now. On average, analysts expect health information service stocks to rise by 45.58% over the next year.

What is the average p/e ratio of the health information services industry?

The average P/E ratio of the health information services industry is 11.83x.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.