Misys Healthcare Systems posts revenue and profit gains

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The addition of Misys CPR helped boost revenues at Misys Healthcare Systems in the company's first six months of FY04, ending Nov. 30, 2003.

Revenues increased to $253 million, up 11 percent from the same period in FY03. Operating profits - adjusted for goodwill amortization -- rose 5 percent to $35 million. Misys noted that profit was adversely affected by integration costs and a small operating loss associated with the CPR product.

Revenue growth was boosted by a four-month contribution from the Misys CPR computerized patient record (CPR) product that was acquired on July 29, 2003.

Misys Healthcare Systems CEO Tom Skelton said the Raleigh, N.C.-based company "continued to invest heavily in our electronic medical records (EMR) system and customize it for a variety of medical specialties."