Healthcare information technology developer MEDecision of Wayne, PA, has announced its third-quarter (end-September 30) financial results.
Total revenue for the period was $9.1 million, compared to $12 million for the same period in 2006. The company attributed the decrease in revenue to a drop in term-license revenue, caused by a delay in the contract signing of a large regional Blue Cross Blue Shield plan that MEDecision now expects to be completed by the end of the fourth quarter.
By AuntMinnie.com staff writers
October 25, 2007
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