NEW YORK ( TheStreet) -- Shares of Emdeon (NYSE: EM) were gapping up Wednesday morning with an open price 13.5% higher than Tuesday's closing price. The stock closed at $14.99 Tuesday and opened today's trading at $17.02. The average volume for Emdeon has been 176,600 shares per day over the past 30 days. Emdeon has a market cap of $1.4 billion and is part of the services sector and diversified services industry. Shares are up 10.7% year to date as of the close of trading on Tuesday. Emdeon Inc. provides revenue and payment cycle management solutions that connect payers, providers, and patients in the United States healthcare system. The company has a P/E ratio of 62.6, equal to the average diversified services industry P/E ratio and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Emdeon as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet. You can view the full Emdeon Ratings Report. Get more investment ideas from our investment research center. Interested in other stocks that are gapping up? Get free SMS text alerts sent to you when the action happens by texting UP to 95370 or select from multiple alert options.