|
|
|
| 
eHealth and Information Services
|
NDCHEALTH RETAINS BLACKSTONE FOR POSSIBLE SALE
NDCHealth (Atlanta), which announced its intention to evaluate strategic options including the potential sale of the company (EHI, January), has retained The Blackstone Group (New York) to assist in the evaluation of strategic alternatives.
|
|
GHI ISSUES NEW ID NUMBERS TO MEMBERS
Group Health Inc. (New York) announced it has begun issuing new identification cards to more than 2 million members containing alternate ID numbers that aren’t based on a member’s social security number. GHI said it is making the move to help protect the privacy of its members. GHI serves a total of 2.6 million lives.
|
|
HEALTHGRADES ACQUIRES COMPAREYOURCARE
HealthGrades (Lakewood, CO) has announced the acquisition of the CompareYourCare web-based decision-support tool from the not-for-profit Foundation for Accountability, which ceased operations last year.
|
|
ADAM BOOSTS 4Q04 NET
Adam Inc. (Atlanta) reported fourth-quarter net income of $676,000, a seven-fold increase from the same period a year earlier, on revenues of $2.471 million, up 42%. For the full year 2004, net income was $1.621 million on revenues of $8.433 million.
|
|
ALLSCRIPTS BOOSTS 4Q04 NET TO $1.4 MILLION
Allscripts Healthcare Solutions (Libertyville, IL) reported fourth-quarter 2004 net income of $1.403 million, up more than 10-fold from the same period a year earlier, on revenues of $26.313 million, up 11%.
|
|
QUOVADX TRIMS 4Q04 NET LOSS
Quovadx Inc. (Englewood, CO) reported a net loss of $1.945 million in the fourth quarter of 2004, compared to a net loss of $6.123 million in the same period a year earlier.
|
|
PER-SE MAY REPURCHASE UP TO 3.3% OF SHARES
Separately, Per-Se has authorized the repurchase of up to 1 million shares of common stock, representing 3.3% of the company’s 30.4 million in total shares outstanding.
|
|
PER-SE BOOSTS 4Q04 PRETAX INCOME 4%
Per-Se Technologies (Alpharetta, GA) posted fourth-quarter 2004 net income of $36.027 million, up 449%, largely because of a non-cash tax benefit of $28.1 million related to the partial release the company’s deferred tax asset valuation allowance.
|
|
WEBMD RAISES 1Q05 PROFIT OUTLOOK
WebMD (Elmwood Park, NJ) announced that it expects first-quarter 2005 net income of $0.02 to $0.03 per share ($6.7 million to $10 million based on 333.6 million diluted shares), up from a prior expectation of $0.01 to $0.02 per share.
|
|
WEBMD BUYS HEALTHSHARE FOR $31 MM
Coming off strong fourth-quarter 2004 financial results (see story, this issue), WebMD (Elmwood Park, NJ) announced the acquisition of HealthShare Technology for $31 million in cash, plus up to $5 million if certain 2005 financial goals are met.
|
|
|
|
