Shares of Health Care IT Firms Mixed Though TriZetto Agrees to $1.4 Billion P-E Deal

NEW YORK (AP) -- Shares of medical software companies traded mostly lower Friday, as shares of Newport Beach, Calif.-based TriZetto Group Inc. surged on the company's $1.4 billion takeover by private equity firm Apax Partners, but GE's disappointing quarterly loss and revised outlook dragged the broader markets downward.

Here's how shares of some health care information technology firms performed shortly after the market's open:

TriZetto shares surged $2.72, or 15.4 percent, to $20.39, and neared it's 52-week high of $20.85 just after the bell.

Eclipsys, which makes software and provides services to manage clinical and financial operations for doctors and hospitals, saw shares dip 36 cents to $18.86.

Shares of Waltham, Mass.-based Phase Forward fell 23 cents to $16.52, while shares of Wilmington, N.C.-based Pharmaceutical Product Development slipped 13 cents to $43.37.

San Francisco-based McKesson Corp., which in addition to being the nation's largest drug distributor also offers software and technical services to health care providers and insurers, saw shares fall 39 cents to $52.33.