To date, less than 10% of American hospitals have implemented electronic medical record keeping as a core piece of their technology strategy for health information. The majority of primary-care physicians continue to scrawl out diagnoses and complete health-care transactions with paper and a No. 2 pencil.
That's shameful. To me, there is no question that 10 years from now, our health-care providers will have embraced the digital revolution (at least a decade late!).
Quality Systems (QSII) has the leading software package for electronic medical record keeping. With more than $80 million on its balance sheet, it also has the financial underpinnings to enjoy superior growth rates for years to come. This stock has already risen seven times in value over the past five years. I'm expecting more than a double over the next five.