Aug. 28 at 5:51 AM
What an unloved, hidden gem is Veradigm
$MDRX.
Of course, it is taking them forever to reset their finances and the resulting delisting to the OTC sinbin doesn’t help.
However, despite soaring accounting/consulting costs related to the reset they are generating 100 mln plus in free cashflow.
Under a new CEO they are quietly building a strong position at the cutting edge of (performance based) medical practice efficiency, RWD generation and RWE analysis for the pharma world.
By springtime the admin worries will finally be over and some simple arithmetic (120 mln fcf x 15 divided by 110 mln shares) will triple the current price.
$SPY