CAN MEDAVANT STAY IN BUSINESS? SHARES FALL 40%
Shares in Medavant Healthcare Solutions (Norcross, GA) fell 40% to $3 per share on March 14, reflecting investor concerns that the company may not be able to stay in business.

eHEALTH, SERVICES STOCKS CLIMB 0.5%
eHealth and information services stocks rose 0.5% in the week ended March 23, according to an EHI tally of 20 issues.

SYSTEMS XCELLENCE POSTS 4Q06 NET OF $3.3 MILLION
System Xcellence (Lisle, IL) reported fourth-quarter 2006 net income of $3.292 million, down 17% from the same period a year earlier, on revenues of $22.012 million, up 33%.

AETNA, WELLPOINT, HORIZON BCBS-NJ JOIN E-SCRIPT INITIATIVE
Aetna Inc. (Hartford, CT), WellPoint Inc. (Indianapolis) and Horizon Blue Cross Blue Shield of New Jersey (Newark, NJ) have joined a coalition of technology companies with the goal of providing free e-prescribing capability to every physician in America by 2010.

TRIZETTO SHARES HIT SIX-YEAR HIGH
It’s been a long hard road for healthcare information technology companies like The Trizetto Group (Newport Beach, CA) ever since the Internet bubble burst.

CA HEALTH INITIATIVE COULD HURT eHEALTH, ANALYST SAYS
The California universal healthcare initiative could have a negative effect on online insurance broker eHealthinsurance.com (Mountain View, CA), according to Carl MacDonald of CIBC World Markets.