WebMD revenues slip in Q2

AuntMinnie.com staff writers
Aug 5, 2004

Healthcare information technology provider WebMD Practice Services booked second-quarter revenues of $71.8 million, down 6.5% compared with the $76.8 million reported in the same period last year. The quarter (end-June 30) showed the continued impact of longer sale and installation cycles, as well as lower system margins, according to the Van Nuys, CA-based vendor.

WebMD Practice Services said that it expects its profit margins to grow in the second half of the year, thanks to investments in customer service, information infrastructure, and clinical software.

By AuntMinnie.com staff writers
August 6, 2004

Related Reading

WebMD shuffles executive lineup, July 23, 2004

WebMD nets NJ install, July 21, 2004

WebMD, BCBS renew agreement, July 15, 2004

WebMD sets sights on ViPS, July 13, 2004

WebMD provides management tools to MR center, May 20, 2004

Copyright © 2004 AuntMinnie.com

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