Clinical software provider, EMIS, has updated the market on its performance for the first six months of the year (ending June 2013). For the period, revenue growth was in line with management expectations and profitability comparable with the same period last year. Indeed, the last full year (ending December 2012) was solid, with revenue up 18% to £86.3m (just shy of analysts’ expectations), and adjusted operating profits 10% higher at £22.8m. Read more here: EMIS mixed fortunes in full year.
Earlier this month, the company named Chris Spencer as CEO (see EMIS names new CEO). Spencer said today that the company has “maintained the pace of the roll-out to GPs of EMIS Web” – which enables primary, secondary and community healthcare practitioners to view and update patient healthcare records. Through the first half of the year, the number of GP practices live on the system increased by 945 to 2580. Following the withdrawal of CSC's iSoft from the market (see Opportunity for rivals as CSC withdraws iSoft products from GP IT), 174 practices have now migrated to EMIS during the first half of the year. Furthermore, EMIS intends to win approximately two-thirds of the entire iSoft estate.
EMIS is set to announce its full H1 numbers in September.