EMIS in 'strong' financial position, continues to trade in line with expectations
Healthcare software and services outfit EMIS revealed on Wednesday that it had traded in line with expectations so far this year, with high levels of recurring revenue keeping the group in a "strong financial position".
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Chairman Mike O'Leary told investors at the group's annual general meeting that EMIS remained focused on the execution of its previously outlined strategy, with the recent disposal of its non-core specialist and care business representing an "important step towards focusing the group on its medium-term growth plan".
To support the realigned business, O'Leary also said EMIS was in the process of deploying improved internal systems, which it expects to drive greater efficiencies during 2019 and beyond.
EMIS' chair noted that pre-procurement engagement with NHS Digital had continued "positively", while in its patient unit, trials of its new platform app were set to begin "shortly", ahead of a wider marketplace launch in the second half of the year.
"The board remains confident of making further progress in delivering EMIS Group's vision of driving greater integration and efficiency in healthcare, both for the NHS and the group's enterprise customers," concluded O'Leary.
As of 0935 BST, EMIS shares had slipped 0.17% to 1,152p.