EMIS issues new figures for EMIS Web
- 19 January 2011
EMIS has announced that it has deployed its next generation system EMIS Web at 44 GP practices and a further 433 practices have ordered the system.
Announcing its pre-close trading update, the healthcare IT supplier said it was putting in place “a significant operational resource” to enable a managed acceleration of the roll-out of EMIS Web during 2011 and beyond.
As well as the deployment to 44 practices and orders from 433 surgeries the company said 1,665 practices have ordered its familiarisation service, allowing them to run EMIS Web alongside their existing system before upgrading.
The company, which last year floated on the Alternative Investment Market, said it will publish its results for the year to 31 December 2010 in March. It indicated that trading was in line with expectations.
It said it was generating higher margin core recurring revenues as more practices moved onto EMIS-hosted servers and “continued subdued spending” on lower margin hardware, engineering services and training.
Core recurring revenues made up 81% of turnover in 2010 compared to 75% in 2009.
EMIS said it expected the government’s planned overhaul of the NHS to open up new markets in extended care and claimed EMIS Web was well placed to take advantage of the developments.
It said EMIS was a major supplier to 77% of the consortia in the first wave of 52 pathfinder sites announced by the government.
In Scotland, the company said its market share had increased during 2010 from 12.7% to 51.5%.
It also said that since its acquisition of RX Systems in August 2010, the pharmacy system supplier’s share of the market had increased from 20.5% to 25%. EMIS said integration of RX’s system continued as planned.
Sean Riddell, chief executive, said: “The considerable interest in EMIS Web shown by GP practices is pleasing, with increasing numbers of orders since we received accreditation and favourable initial feedback from those GP practices where EMIS Web has already been deployed.
"The current environment continues to offer opportunities for EMIS but our key focus remains on the controlled roll-out of EMIS Web."