Specilaized Health Services: BioTelemetry (NASDAQ:BEAT), Omnicare (NYSE:OCR), DaVita HealthCare Partners Inc (NYSE:DVA), Acadia Healthcare Company Inc (NASDAQ:ACHC), Hanger Inc (NYSE:HGR)

Posted by on Jul 02, 2014

On June 5, 2014 BioTelemetry, Inc. (Nasdaq:BEAT), the leading wireless medical technology company focused on the delivery of health information to improve quality of life and reduce cost of care, announced that Cardiocore, its research services subsidiary, acquired the assets of RadCore Lab, LLC (“RadCore”), an imaging core lab serving the biopharmaceutical and medical device research market. This acquisition broadens the Company’s cardiac imaging offerings and adds new oncology, musculoskeletal and neurological imaging capabilities, supported by a state-of-the-art, cloud-based analysis platform. While this acquisition provides growth potential, it is not expected to have a material impact on the Company’s 2014 results of operation. BioTelemetry, Inc. (NASDAQ:BEAT) net profit margin is -8.60% and weekly performance is -0.93%. On last trading day company shares ended up $7.45. Analysts mean target price for the company is $16.00. BioTelemetry, Inc. (NASDAQ:BEAT) distance from 50-day simple moving average is -1.32%.

Omnicare, Inc. (NYSE:OCR) agreed to pay $124 million to settle allegations the nursing-home pharmacy company offered improper discounts to skilled-nursing facilities and made false billings to federal health programs, the Justice Department said Wednesday. Omnicare, Inc. (NYSE:OCR) shares advanced 0.30% in last trading session and ended the day on $66.77. OCR Gross Margin is 23.20% and its return on assets is -0.50%. Omnicare, Inc. (NYSE:OCR) quarterly performance is 10.38%.

Jefferies Group began coverage on shares of DaVita HealthCare Partners (NYSE:DVA) in a research note issued to investors on Monday. The firm issued a buy rating and a $86.00 price target on the stock.DaVita HealthCare Partners Inc (NYSE:DVA) shares moved up 1.16% in last trading session and was closed at $73.16, while trading in range of $72.39-$73.30. DaVita HealthCare Partners Inc (NYSE:DVA) year to date performance is 15.45%.

Acadia Healthcare Company (NASDAQ:ACHC) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a report released on Tuesday. The firm currently has a $49.00 target price on the stock.Acadia Healthcare Company Inc (NASDAQ:ACHC) ended the last trading day at $46.05. Company weekly volatility is calculated as 2.79% and price to cash ratio as 374.54. Acadia Healthcare Company Inc (NASDAQ:ACHC) showed a negative weekly performance of -2.54%.

Hanger (NYSE:HGR) VP Walter A. Meffert, Jr. sold 4,243 shares of the stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $32.18, for a total transaction of $136,539.74. Following the sale, the vice president now directly owns 12,425 shares of the company’s stock, valued at approximately $399,837. The sale was disclosed in a document filed with the SEC. Hanger Inc (NYSE:HGR) net profit margin is 6.60% and weekly performance is -1.28%. On last trading day company shares ended up $31.62. Analysts mean target price for the company is $38.00. Hanger Inc (NYSE:HGR) distance from 50-day simple moving average is -0.36%.

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