Allscripts Healthcare Solution Inc. MDRX recently announced the completion of the previously-announced sale of CarePort business to WellSky Corporation on Dec 31, 2020, for an amount of $1.35 billion. On Oct 13, 2020, Allscripts entered into a definitive agreement with WellSky to sell its CarePort Health (“CarePort”) business – a leading care coordination software company that helps in the management of patient transitions through different settings of care.For investors’ note, WellSky is a global healthcare software technology company with an objective to develop, implement and support clinical management marketed to healthcare industry.The completion of the sale should boost Allscripts’ Population Health segment.Significance of the DealThe agreement is hugely beneficial for Allscripts with respect to delivering substantial value for its shareholders and providing the benefit of sustained investment under new and robust ownership to customers at CarePort. Further, this transaction will help Allscripts to boost its commitment toward its core business.Following the closure of the deal, Allscripts anticipates to use the net after-tax proceeds from the sale for investment in its solutions, while deleveraging its balance sheet and supporting crucial share buybacks.Another Notable DivestmentIn October 2020, Allscripts announced the completion of the previously-announced sale of its EPSi business to Strata Decision Technology (Strata) for $365 million. Notably, on Jul 30, 2020, Allscripts entered into a definitive agreement with Strata to sell EPSi — a leading provider of decision support and planning tools for hospitals and health systems.Industry ProspectsPer the report by Grand View Research, the global healthcare information technology (IT) market size was valued at $67.5 billion in 2019 and is expected to see a (CAGR) of 10.3% by 2027. Growing demand for preventive care owing to increase in chronic diseases globally coupled with a rise in funding for various healthcare start-ups is driving the market growth.Price PerformanceShares of Allscripts have gained 47.9% in a year’s time compared with industry’s growth of 25.2%.Zacks Rank and Key PicksCurrently, Allscripts carries a Zacks Rank #3 (Hold).Some better-ranked stocks from the broader medical space include Stryker Corporation SYK, Owens & Minor Inc. OMI and Quidel Corporation QDEL. While both Owens & Minor and Quidel sport a Zacks Rank #1 (Strong Buy), Stryker carries a Zacks Rank of 2 (Buy). You can see the complete list of Zacks #1 Rank stocks here.Stryker has a projected long-term earnings growth rate of 9.6%.Owens & Minor has an anticipated long-term earnings growth rate of 45.20%Quidel has a projected long-term earnings growth rate of 25%.5 Stocks Set to DoubleEach was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Stryker Corporation (SYK): Free Stock Analysis Report Allscripts Healthcare Solutions, Inc. (MDRX): Free Stock Analysis Report Owens & Minor, Inc. (OMI): Free Stock Analysis Report Quidel Corporation (QDEL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research