Tech Update
• Memorial Home Health and Hospice (Indianapolis) has completed an upgrade of its TeleHealth System to version 4.0 operating on Windows NT. The upgrade will help in the managing of patients. A new QuestionSetCreator allows customers to design and create new question algorithms to address patient needs.
• HIE Inc. (Marietta, GA), an enterprise application integration software and services provider, has signed a three-year contract with Aurora Health Care of Wisconsin. Under terms of the integration outsourcing contract, HIE will provide onsite integration experts to assist Aurora’s staff.
• Sabratek Corp. (Skokie, IL) announced a 10% decrease in its net sales for 1Q99 ended March 31. The company posted sales at $13.6 million, compared to $15.2 million in 1Q98. Net income was $726,000, 7 cents per share, compared to $2 million, 17 cents per share, in 1Q98. The decline is due to the suspension of production and sale of the Rocap product line.
• NDC Health Information Services (Atlanta) is offering a new service that enables pharmacies to submit durable medical equipment (DME) claims electronically for Medicare approval. This eliminates billing complexities and speeds up reimbursement for pharmacies, the company said.
• Simione Central Holdings’ (Atlanta) revenues for 1Q99 ended March 31 were $8.9 million, compared with $13.4 million in 1Q98. Net income was $418,000, 5 cents per share, compared to $687,000, 7 cents per share, in 1Q98. Chairman/CEO Barrett O’Donnell said the company would have had a loss in 1Q99 if not for $2.25 million from the wind down of some Columbia/HCA Healthcare (Nashville, TN) agreements.
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