Quote Of The Year

Timeless Quotes - Sadly The Late Paul Shetler - "Its not Your Health Record it's a Government Record Of Your Health Information"

or

H. L. Mencken - "For every complex problem there is an answer that is clear, simple, and wrong."

Friday, November 14, 2014

This May Not Be Good News For The ePAS Implementation In South Australia.

This appeared a little while ago. To point out the obvious it is this company responsible for the ePAS in S.A.

Allscripts posts $25.8M loss in Q3

Posted on Nov 07, 2014
By Mike Miliard, Managing Editor
Allscripts stock tumbled late Thursday as the company announced a $25.8 million net loss for the third quarter, but CEO Paul M. Black insisted the electronic health record developer "continued to show progress," citing new clients here and abroad.
Moreover, that net loss was much preferable to the $48.9 million loss posted for the same quarter in 2013.
Allscripts' bookings were $223 million in Q3, compared with $236 million in the third quarter of 2013 and $234 million in the second quarter of 2014.
Still, Allscripts made the case that it's continuing to rebound from its annus horribilis of 2012. For the first nine months of 2014, bookings totaled $680 million – an increase of approximately 8 percent over the first nine months of 2013.
New sales of the Sunrise EHR platform in the U.S. and the U.K. helped bookings performance in Q3, according to Allscripts, as the company saw growth in ambulatory bookings, on both a year-over-year and quarter-over-quarter basis.
"Allscripts third quarter results continued to show progress," said Paul M. Black, President and CEO of Allscripts, in a press statement.
There is a great deal more here which shows a lot about the range and scope of the business.
Would be better if they were making some money!
David.

No comments: