IDX closes new deals, continues growth in Q3

Healthcare informatics developer IDX Systems has signed Moses Cone Health System in Greensboro, NC, as its latest Imagecast RIS/PACS client. The health system, with four hospitals and two outpatient imaging centers, conducts more than 350,000 radiology exams annually, according to the Burlington, VT-based vendor.

The firm also reported a sale of its Groupcast software to the Salem Clinic of Salem, OR. The multispecialty group practice has four facilities, as well as full-service laboratory and radiology departments, the company said.

In other IDX news, the vendor posted third-quarter revenues of $101.4 million, up 14% compared with $88.9 million booked in the third quarter of 2002. For the period (end-September 30) IDX had net income of $10.3 million, compared with $4.2 million in the third quarter last year.

For the first three quarters of its fiscal year, the firm reported revenues of $292.2 million, up 15% compared with revenues of $254.8 million for the same period in 2002. For the nine-month period, IDX reported net income of $46.3 million, compared with net income of $11.1 million in the same period last year.

By staff writers
October 24, 2003

Related Reading

IDX names new U.K. staff, September 17, 2003

IDX taps Raymer as VP, September 4, 2003

IDX lands Memorial Healthcare, September 2, 2003

IDX inks RIS/PACS deals, posts increased revenue and income, July 22, 2003

Vidar, IDX partner, June 12, 2003

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