Misys reports strong revenue growth

Misys Healthcare Systems this week announced fiscal year 2005 revenues of $540 million. For the 12-month period ending May 31, 2005, the company's revenue grew 6.4 percent compared to the previous year. Operating profits also rose 3.3 percent to $77.4 million.

Misys delivered a number of new products within the fiscal year 2005, including:
  • Misys Connect, a web-based system that gives physicians a single, secure source where they can view patient data from any care setting or clinical system;
  • A Web browser-based release of Misys CPR, a computer-based patient record system;
  • A new release of Misys EMR that included Preventive Health Maintenance (PHM) capabilities, new specialty-specific templates, and the ability to track risk factors for patients and add diagrams to chart notes, among other features;
  • Misys Tiger, a Windows-based practice management system;
  • A upgrade of Misys Laboratory that includes Blood Bank and Microbiology modules; and
  • Introduced the Misys Laboratory-Disease Reporting Interface
  • Misys' focus continues to be the U.S. healthcare IT market though the company is keeping an eye on the international market.

Around the web

The nuclear imaging isotope shortage of molybdenum-99 may be over now that the sidelined reactor is restarting. ASNC's president says PET and new SPECT technologies helped cardiac imaging labs better weather the storm.

CMS has more than doubled the CCTA payment rate from $175 to $357.13. The move, expected to have a significant impact on the utilization of cardiac CT, received immediate praise from imaging specialists.

The newly cleared offering, AutoChamber, was designed with opportunistic screening in mind. It can evaluate many different kinds of CT images, including those originally gathered to screen patients for lung cancer. 

Trimed Popup
Trimed Popup