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Big Mover; Merge Healthcare Inc. (MRGE)

Shares of Merge Healthcare Inc. (NASDAQ: MRGE), developer of software solutions that facilitate the sharing of images to create an electronic healthcare experience for patients and physicians, surged in trading on Thursday.

MRGE shares ended the day 12.24% higher at $2.75 on above average volume of 886,628. The stock touched an intra-day high of $2.83 in trading on Thursday. MRGE has now gained more than 14% in the last three trading sessions.

Merge Healthcare shares rallied on Thursday after the company announced that Centracare Health System’s St. Cloud Hospital selected Merge PACS™ to enable its radiologists to read, review, archive and share images and data. St. Cloud Hospital is the largest provider of healthcare in St. Cloud, Minnesota.

Merge Healthcare CEO Jeff Surges said that challenges related to payment reform and changes in reimbursement are driving providers to find ways to reduce costs and increase efficiencies, while still improving outcomes.


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