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Medical Information Technology Inc   (MITII)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 



 

What are Medical Information Technology Inc's Business Segments?



Medical Information Technology Inc (MEDITECH) is a software company that offers a range of segments, products, and services that are designed to improve the health care industry. The company provides cutting-edge medical software solutions that cater to the needs of healthcare organizations globally, including hospitals, clinics, home care agencies, and long-term care facilities.

Segments:
MEDITECH offers four main segments, including:

1. Acute: This segment caters to the needs of acute care facilities, including hospitals and emergency departments. The segment provides state-of-the-art software solutions that streamline various processes, including patient registration, clinical documentation, laboratory management, medication administration, and discharge processing.

2. Ambulatory: This segment provides medical software solutions to various ambulatory care facilities, including clinics, physician offices, and urgent care centers. The segment provides electronic health record (EHR) and practice management software solutions that improve patient care and streamline administrative tasks.

3. Home Health and Hospice: This segment caters to the needs of home health and hospice care providers. The segment provides software solutions that help manage patient care, coordinate clinical care, and streamline administrative tasks.

4. Long-Term Care: This segment provides medical software solutions to long-term care facilities, including nursing homes and rehabilitation centers. MEDITECH's long-term care solutions help manage resident care, medication administration, charting, and billing.

Products:

1. Expanse: MEDITECH's flagship product is the Expanse platform, which is a fully integrated EHR software solution that supports all four segments. Expanse provides customizable workflows, a modern user interface, and an extensive library of clinical content. The platform can be accessed through various devices and is compliant with various regulatory requirements.

2. Patient and Consumer Health Portal: MEDITECH's Patient and Consumer Health Portal is a web-based platform that allows patients to access their medical records, request appointments, and communicate with their healthcare providers. The platform is fully integrated with the Expanse EHR system, making it easy for patients to manage their care online.

3. Population Health and Analytics: MEDITECH provides software solutions that help healthcare organizations manage patient populations and improve population health outcomes. The Population Health and Analytics platform provides real-time data analytics, risk stratification tools, patient outreach modules, and predictive modeling capabilities.

Services:

1. Implementation: MEDITECH provides implementation and consulting services that help healthcare organizations adopt the Expanse platform quickly and efficiently. The company's team of experts provides end-to-end support, including project planning, training, and technical support.

2. Optimization: MEDITECH provides optimization services that help healthcare organizations maximize the benefits of their Expanse platform. The company's team of experts analyzes existing workflows, identifies areas for improvement, and implements solutions that streamline processes and improve patient care.

3. Support: MEDITECH provides ongoing technical support services to healthcare organizations that use the Expanse platform. The company provides various support channels, including phone, email, and online resources, to help users resolve technical issues and optimize their use of the platform.
   

Medical Information Technology Inc Tax Rate Companies within the Software & Programming Industry


Business Segments Q3
Revenues
(in millions $)
Q3
Income
(in millions $)
(Sep 30 2020)
%
(Profit Margin)
Total 114.72 30.62 26.69 %

Growth rates by Segment Q3
Y/Y Revenue
%
(Sep 30 2020)
Q/Q Revenue
%
Q3
Y/Y Income
%
(Sep 30 2020)
Q/Q Income
%
Total -5.35 % -0.96 % -66.27 % -6.86 %

To get more information on Medical Information Technology Inc's Total segment. Select each division with the arrow.


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