| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
- |
| Employees |
3,700 |
| Revenues (TTM) (Millions $) |
512 |
| Net Income (TTM) (Millions $) |
72 |
| Cash Flow (TTM) (Millions $) |
-10 |
| Capital Exp. (TTM) (Millions $) |
4 |
Business Description
Medical Information Technology Inc, commonly known as MEDITECH, is a company that specializes in providing software solutions and services for healthcare organizations. Founded in 1969, the company has since grown into a well-established player in the healthcare IT market, serving over 2,300 customers across the world.
At its core, MEDITECH aims to transform the way that healthcare organizations manage their clinical, operational, and financial workflows. The company's primary offering is its electronic health record (EHR) software platform that spans the full continuum of care, from outpatient clinics to acute care hospitals and post-acute care facilities. The platform is designed to be fully integrated and interoperable, enabling healthcare providers to access and share patient data seamlessly while ensuring data accuracy and patient safety.
MEDITECH's EHR system includes a wide range of features, such as clinical decision support tools, order entry and management, medication management, documentation and charting, and patient engagement tools. The system is also designed to meet the specific needs of different healthcare specialties, including general acute care, behavioral health, home health, and long-term care.
In addition to its flagship EHR platform, MEDITECH offers a range of other healthcare IT solutions and services, including revenue cycle management, population health management, patient portal solutions, and analytics and reporting tools. The company also provides implementation, training, and support services to ensure that its customers can make the most of its software offerings and achieve their desired outcomes.
Over the years, MEDITECH has earned a reputation for its commitment to innovation, quality, and customer satisfaction. The company is known for being an early adopter of new technologies and standards, including cloud computing, mobile health, and the Fast Healthcare Interoperability Resources (FHIR) standard. It has also won numerous awards and certifications for its software solutions and services, such as the HIMSS Electronic Health Record Association (EHRA) certification and the Best in KLAS award for acute care EHRs.
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0.11%