VitalWorks sees dips in Q2 results

VitalWorks Inc. saw a slight decline in Q2 revenues for the quarter ending June 30th, as well posting a loss. Total revenues for the quarter were $27.9 million, compared with $28.2 million in the second quarter of 2003. The company reported a net loss of $9,000, compared with $4.2 million in the year-ago quarter.

For the six-month period, revenues amounted to $54.7 million, compared with $56.8 million in the first half of FY03. Net income reached $2,175, compared with $6.9 million in the year-ago period.

According to VitalWorks, the amounts for 2004 include the operating results of Amicas Inc., which was acquired by the company on Nov. 25, 2003.

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