Retrieve Medical Holdings Inc. Stock Analysis RMHI

Retrieve Medical Holdings, Inc. engages in developing software for data mining, clinical decision support, natural language processing, and algorithmic testing to analyze a patient's accumulated medical records and lab results in real-time generating diagnostic support guidance. The company is headquartered in Bedminster, New Jersey. The company went IPO on 2010-05-17. The firm is developing software related to data mining, clinical decision support, natural language processing, and algorithmic testing, analyzing patients accumulated medical records and lab results in real-time with a target market of medical center emergency departments. By analyzing all the available data about a patient, the software is expected to produce diagnoses with supporting comorbidities, leading to a reduction of malpractice claims and readmission rates and increased quality of patient care. The software in its current form is designed to operate in the Oracle/Cerner EHR system environment. Its software works in a cloud environment, to provide improved stability, security, and version control. The target market for its software is medical center emergency departments.