‘Exceptionally productive year’ for EMIS

HEALTHCARE software provider EMIS Group has announced a rise in revenues and profits after seeing an “exceptionally productive year”.
In its preliminary results for the financial year ended December 31 2013, the Leeds-based group reported adjusted operating profit of £26.1m (2012: £22.8m) while operating profit was £24.9m (2012: £24.1m). Group revenue from continuing operations increased by 22% to £105.5m, including revenue from acquisitions during the year of £9m.
EMIS, which bought Ascribe in a £57.5m cash and shares deal towards the end of last year, said the group continues to trade in line with management expectations and with continuing strong revenue visibility.
Chris Spencer, chief executive officer of EMIS Group, said: “EMIS Group has had an exceptionally productive year with the accelerated roll-out of EMIS Web for GPs, the acquisitions and integration of Digital Healthcare and Ascribe completing our strategic platform for integrated care, strong organic revenue growth and a high level of profitability maintained.
“As financial and demographic factors continue to impact the NHS, EMIS Group confidently expects to remain at the heart of healthcare IT with our strategic mission of integrating healthcare systems spanning primary, CCMH, community pharmacy, secondary and specialist care.”