Vendor Buys Boost Mediware’s Numbers
Acquisitions helped ancillary hospital software vendor Mediware Information Systems Inc. record strong financial performance in fiscal 2010, which ended on June 30.
Acquisitions helped ancillary hospital software vendor Mediware Information Systems Inc. record strong financial performance in fiscal 2010, which ended on June 30.
The Lenexa, Kan.-based company sells medication, blood bank management and home health software. During the year, it bought Knowledge-Forge, which offers online compliance training courses; Healthcare Automation Inc., which sells home health management software; and Advantage Reimbursement Inc., which provides home health billing services for infusion, pharmacy, medical equipment and other needs.
Fourth quarter net income at Mediware rose 66 percent to $949,000 as revenue increased 25 percent to $13.25 million. For all of fiscal 2010, net income more than doubled to $3.24 million as revenue grew 17 percent to $47.6 million.
More information is available at mediware.com.
--Joseph Goedert
The Lenexa, Kan.-based company sells medication, blood bank management and home health software. During the year, it bought Knowledge-Forge, which offers online compliance training courses; Healthcare Automation Inc., which sells home health management software; and Advantage Reimbursement Inc., which provides home health billing services for infusion, pharmacy, medical equipment and other needs.
Fourth quarter net income at Mediware rose 66 percent to $949,000 as revenue increased 25 percent to $13.25 million. For all of fiscal 2010, net income more than doubled to $3.24 million as revenue grew 17 percent to $47.6 million.
More information is available at mediware.com.
--Joseph Goedert
More for you
Loading data for hdm_tax_topic #better-outcomes...