Rackspace Technology (RXT) Stock Climbs 10%: Company Gears Up For Healthcare Industry Showcase

Rackspace Technology, Inc. (NASDAQ: RXT) had a notable increase, as its shares surged by 10.42% to $2.12 during the previous session. This rise corresponds with the company’s intention to attend a major business event for the healthcare industry.

Rackspace Technology (RXT), which is slated to participate at ViVE 2024 from February 25 to 28 at the Los Angeles Convention Center, is prepared to interact with influential decision-makers in the field of digital health. Attracting professionals in the industry, ViVE stands out as a premium event that focuses on the business elements of healthcare.

With a portfolio that supports more than 2,500 healthcare companies, RXT provides reliable solutions supported by a wealth of knowledge on industry-leading cloud platforms. The company’s consumers trust it because of its reputation for objective competence.

Improving patient outcomes across the healthcare value chain is a top priority for Rackspace Healthcare Solutions. For healthcare providers, payers, life sciences groups, and healthcare services companies, Rackspace supports revolutionary projects by meeting patient requirements, preferences, and values while concurrently cutting costs.

During ViVE 2024, Jason Jones, Senior Client Partner at Rackspace Technology, will moderate a session on “interoperability” alongside Dr. Zafar Chaundry, CIO of Seattle Children’s Hospital, and Abhijit Gupta, Founder & CEO of Fold Health.

Seattle Children’s Hospital exemplifies Rackspace’s capabilities, having engaged the company to host and manage its Epic Electronic Health Record (EHR). Rackspace provides a fully managed Private Cloud infrastructure solution for three Epic environments. Through this collaboration, the hospital is able to focus on important projects that will enhance patient care and streamline operations for the Pacific Northwest community.

Rackspace Technology’s dedication to improving healthcare via creative solutions and cooperative interaction with business leaders is demonstrated by its involvement in ViVE 2024. Interoperability and data-centric decision-making are Rackspace’s two main areas of continued influence as the healthcare industry develops.

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