Industry round-up: Eclipsys, Kodak, NightHawk, Philips
Eastman Kodak Company’s Health Group signed contracts for its Kodak Carestream PACS and Kodak Carestream RIS Solutions with several North American healthcare facilities including:
Eclipsys Corporation has named Joe Petro as senior vice president of product development. In the role he will be responsible for all aspects of Eclipsys' Product Development organization. John Gomez, who previously led Eclipsys' development organization as part of his responsibilities, will now become the company's full-time chief technology officer.
With over 15 years of experience as a product development executive, Joe Petro has a demonstrated track record developing effective product roadmaps and management processes, as well as building and scaling geographically dispersed development teams, including India operations, the company said.
NightHawk Radiology Holdings saw Q4 revenues up 30 percent to $24.1 million, compared to $18.5 million for Q4 2005. Net income for the quarter 2006 was $2.2 million compared with a net loss of $9.1 million for the period.
The company saw total revenues up 44 percent to $92.2 million for the year (ended December 31, 2006) compared to $64.1 million in 2005. Operating income increased 35 percent to $23.4 million for the year, compared to $17.3 million in 2005.
Net loss under GAAP for 2006 was $28.5 million compared with a net loss of $36.5 million for the same period of 2005.
Royal Philips Electronics plans to integrate its speech recognition-based document creation platform SpeechMagic with CareRevolution from Electronic Healthcare Systems (EHS). CareRevolution, as integrated with SpeechMagic, will ensure faster availability of accurate medical data in electronic medical records (EMR), the company said. CareRevolution is currently used by 4,000 physicians. By upgrading to Philips industrial grade document creation technology physicians, Philips said, the physicians will be able to choose their preferred dictation and transcription workflow. The system is being showcased by Philips at the HIMSS 2007 conference in New Orleans, Feb. 25 to Mar. 1st.
The combined systems will support digital dictation, backend and frontend speech recognition, giving healthcare facilities total control over their document creation workflow. The system allows physicians to individually choose their preferred dictation workflow and easily switch between the various transcription methods at any time. SpeechMagic will also allow physicians to navigate and control the EMR through voice commands, eliminating the distractions of keyboard or mouse.
- Carleton Place & District Memorial Hospital (Carleton Place, Ontario) ordered a Carestream PACS and one Directview CR 975 System;
- Clinique Pierrefonds (Montreal, Canada) purchased a Carestream RIS, Carestream PACS and two Kodak Directview CR 850 Systems;
- Colorado Springs Health Partners (Colorado Springs, Colo.) ordered a Carestream RIS and KODAK Business Diagnostics;
- Knoxville Hospitals & Clinics (Knoxville, Iowa) ordered a Carestream PACS and KODAK Directview CR 825 and 850 Systems;
- Montclair Radiology (Montclair, N.J.) ordered a Carestream RIS and Kodak Business Diagnostics;
- Radiology Services of N.Y. (Staten Island, N.Y.) purchased a Carestream PACS and Carestream RIS; and
- The Memorial Hospital of Salem County (Salem, N.J.) ordered a Carestream PACS.
Eclipsys Corporation has named Joe Petro as senior vice president of product development. In the role he will be responsible for all aspects of Eclipsys' Product Development organization. John Gomez, who previously led Eclipsys' development organization as part of his responsibilities, will now become the company's full-time chief technology officer.
With over 15 years of experience as a product development executive, Joe Petro has a demonstrated track record developing effective product roadmaps and management processes, as well as building and scaling geographically dispersed development teams, including India operations, the company said.
NightHawk Radiology Holdings saw Q4 revenues up 30 percent to $24.1 million, compared to $18.5 million for Q4 2005. Net income for the quarter 2006 was $2.2 million compared with a net loss of $9.1 million for the period.
The company saw total revenues up 44 percent to $92.2 million for the year (ended December 31, 2006) compared to $64.1 million in 2005. Operating income increased 35 percent to $23.4 million for the year, compared to $17.3 million in 2005.
Net loss under GAAP for 2006 was $28.5 million compared with a net loss of $36.5 million for the same period of 2005.
Royal Philips Electronics plans to integrate its speech recognition-based document creation platform SpeechMagic with CareRevolution from Electronic Healthcare Systems (EHS). CareRevolution, as integrated with SpeechMagic, will ensure faster availability of accurate medical data in electronic medical records (EMR), the company said. CareRevolution is currently used by 4,000 physicians. By upgrading to Philips industrial grade document creation technology physicians, Philips said, the physicians will be able to choose their preferred dictation and transcription workflow. The system is being showcased by Philips at the HIMSS 2007 conference in New Orleans, Feb. 25 to Mar. 1st.
The combined systems will support digital dictation, backend and frontend speech recognition, giving healthcare facilities total control over their document creation workflow. The system allows physicians to individually choose their preferred dictation workflow and easily switch between the various transcription methods at any time. SpeechMagic will also allow physicians to navigate and control the EMR through voice commands, eliminating the distractions of keyboard or mouse.