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Top 5 Companies in the Health Care Technology Industry With the Highest Debt to EBITDA Ratio (CPSI, MDRX, MDSO, INOV, OMCL)

By Amy Schwartz

Below are the three companies in the Health Care Technology industry with the highest debt to EBITDA ratios. This ratio indicates how many years of EBITDA would be necessary in order to pay back all the debt (assuming Debt and EBITDA are constant). Typically, this ratio is considered to be alarming when it is greater than 3.0 but this can vary and should be looked at within the context of the industry.

Computer Program ranks highest with a a debt to EBITDA ratio of 11.6. Following is Allscripts Healt with a a debt to EBITDA ratio of 6.6. Medidata Solutio ranks third highest with a a debt to EBITDA ratio of 4.0.

Inovalon Holdi-A follows with a a debt to EBITDA ratio of 3.8, and Omnicell Inc rounds out the top five with a a debt to EBITDA ratio of 2.8.

SmarTrend recommended that subscribers consider buying shares of Medidata Solutio on April 15th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $78.18. Since that recommendation, shares of Medidata Solutio have risen 18.0%. We continue to monitor Medidata Solutio for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to ebitda ratio computer program allscripts healt medidata solutio inovalon holdi-a omnicell inc

Ticker(s): CPSI MDRX MDSO INOV OMCL