Health and Healthcare

Standard Register Shares Jump on New Deal (SR)

Printing and communications company Standard Register Co. (NYSE: SR) announced today that it had signed an agreement with HealthTrust Purchasing Group LP that includes, for the first time, a contract for HealthTrust to use Standard’s automation software for patient registration,…

By Paul Ausick
Published March 23, 2012, 1:48pm ET · 1 min read

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Printing and communications company Standard Register Co. (NYSE: SR) announced today that it had signed an agreement with HealthTrust Purchasing Group LP that includes, for the first time, a contract for HealthTrust to use Standard’s automation software for patient registration, identification, and clinical workflow. Standard noted that it has had a relationship with HealthTrust, a group purchasing company that serves about 12,000 health care facilities in the US.

Standard Register shares are up more than 10% at $1.26 in a 52-week range of $1.14-$3.58. The company’s shares have been trading around an all-time low for all of this month.

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Paul Ausick

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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