EMC Corporation reported total consolidated revenue for Q4 2006 of $3.21 billion, 19 percent higher than the $2.71 billion for the same quarter of 2005 and $55 million more than the fourth-quarter revenue forecast provided by EMC in October 2006. GAAP net income for Q4 of 2006 was $389 million, compared to the 2005 total of $148 million.
Total consolidated revenue for EMC's full 2006 fiscal year was a record $11.15 billion, 15 percent higher than the $9.664 billion reported for the full 2005 fiscal year. GAAP net income for 2006 was $1.22 billion, up from the company’s 2005 reported net income of $1.13 billion.
GE Healthcare has received full corporate accreditation by the Electronic Healthcare Network Accreditation Commission (EHNAC). The commission is an independent, not-for-profit accrediting agency for entities that send or receive HIPAA transactions or that transport or process EDI (Electronic Data Interchange) transactions between two or more trading partners in the healthcare community. “Today, GE Healthcare’s Centricity EDI Services joins a select group of clearinghouses that have demonstrated to independent third party evaluators their ability to deliver services consistent with the only standards in the industry that measure the overall business practices of a clearinghouse,” said Lee Barrett, executive director of EHNAC.
Matrox Graphics and Taiwanese display maker Chi Lin Technology have worked together to develop medical display technology that works with Matrox display controller boards designed for medical imaging. Chi Lin’s High View Series, Mega View Series and HD View Series medical displays all now ship bundled with Matrox MED Series display controller boards. The Chi Lin High View Series with front sensor offers medical displays ranging from 2 to 5 MP (megapixel) grayscale displays, while its Mega View Series of displays offer radiologists 1 to 5 MP displays capable of color and grayscale outputs. Chi Lin’s HD View Series is a High Definition Series with 42-inch and 47-inch color displays.
EMR system provider MediNotes Corporation announced that it will unite its direct and indirect sales teams. To coincide with the realignment, several key members of the MediNotes team have taken on new roles within the company. Davin Hills, who has been with the company since its inception in 1996, has been promoted to senior vice president, where he will oversee the development of the MediNotes e EMR. Tom Edgeton has been promoted to vice president of Business Development, a newly created position that will be responsible for promoting MediNotes and its products to the broader physician community. Finally, Cathey Halsten and Peggy Peterson have been promoted to regional vice president of Sales. Halsten will oversee and manage the western Region, while Peterson focuses on the eastern U.S.