| Business Summary | | Health
Management
Systems,
Inc.
furnishes
proprietary
information
management,
data
processing
and
software
(including
consulting)
services
to
healthcare
providers
and
payors,
including
government
health
service
agencies.
The
Company's
product
and
service
offerings
benefit
its
clients
by
enhancing
revenue
(achieved
through
improved
reimbursability,
profitability,
and/or
collectability),
accelerating
cash
flow,
reducing
operating
and
administrative
costs
and
improving
decision-making
capabilities
(by
supplying
advanced
information
analytics).
These
services
include
decision
support,
payor
information
systems
and
revenue
enhancement,
including
business
office
outsourcing,
addressing
the
various
types
of
data
generated
by
the
interaction
of
the
participants
in
the
healthcare
delivery
process.
They
include
providers
of
care,
third-party
payors
and
patients. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Health
Management
Systems
furnishes
proprietary
information
management,
data
processing,
and
software
services
to
healthcare
providers
and
payors,
including
government
health
service
agencies.
For
the
six
months
ended
4/30/01,
revenues
fell
5%
to
$46.6
million.
Net
loss
before
accounting
change
totaled
$6
million,
up
from
$1.9
million.
Revenues
reflect
the
sale
of
the
Company's
EDI
business.
Net
loss
reflects
a
$5.9
million
restructuring
charge
and
a
$4.6
million
impairment
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Miller, III, 51 Chairman,
CEO | $33K | Robert Holster, 54 Pres,
COO, Interim Chief Financial Officer | -- | Robert Nagelhout, 56 Pres
of the Company's Software Division, Director | 326K | Richard Brown, Jr., 45 Pres
of the Company's Revenue Services Division | 227K | John Rainey VP
of Sales | -- | Dollar amounts are as of 31-Oct-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|