Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
ERecord Management, Inc. operates as a consulting firm dedicated to the healthcare industry. The company furnishes healthcare providers with various solutions, including comprehensive Electronic Medical Record (EMR) systems and related health information services. They also offer Practice Management System (PMS) solutions, facilitating efficient enterprise-level appointment scheduling. Additionally, their portfolio encompasses MRI solutions, which feature advanced MRI technology, PACS system software, and complete support for installation, ongoing management, and daily staffing requirements. Beyond these core offerings, ERecord Management provides essential supplementary services such as client training, system implementation support, responsive technical assistance, remote troubleshooting capabilities, and specialized corporate office training. The company places a strong focus on delivering solutions for electronic medical records, optimizing practice management systems, bolstering information technology security and audit services, and addressing numerous facets of HIPAA compliance. Founded in 2001, the organization was initially known as R-Tec Technologies, Inc., before officially changing its name to ERecord Management, Inc. in January 2008. The company's headquarters are located in Oak Park, California.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers.