Industry round-up: Emageon, MEDHOST

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Emageon reported record revenues for Q3 2006 of $33.0 million, a 65 percent increase over Q3 2005 revenue of $20.0 million. However, the company saw a net loss for the quarter of $0.3 million – partly due to expenses related to the integration of Camtronics Medical Systems. In Q3 2005, Emageon saw net income of $1.8 million. Revenue for the nine months ended September 30, 2006 was $90.0 million, an increase of 78 percent over 2005 same period revenue of $50.5 million. Net loss for the nine months was $8.1 million, including $4.3 million in expenses related to the integration of Camtronics. For the nine months of 2005 the company had a net loss of $1.1 million.

MEDHOST, provider of the full-suite Emergency Department Information System (EDIS), inked an agreement with VHA, the national health care alliance, for ED information systems. MEDHOST’s EDIS is installed in numerous VHA hospitals across the nation. The MEDHOST system combines process and risk management technology, which directly leads to increases in patient safety and staff communication in the emergency department (ED).