| Business Summary | | HealthWatch,
Inc.
is
a
healthcare
information
technology
company
operating
as
an
Enterprise
Applications
Provider
and
an
Application
Service
Provider
for
a
variety
of
healthcare
businesses.
The
Company
provides
and
markets
an
enterprise
software
solution,
known
as
the
Healthcare
Enterprise
System
(the
HES
System),
which
is
owned
by
Halis,
Inc.,
an
affiliated
information
technology
company
that
is
partially
owned
by
HealthWatch.
The
HES
System
uses
proprietary
technology
to
distribute,
in
a
compressed
digital
format,
one
system
that
includes
over
30
integrated
applications
for
the
management
of
a
healthcare
enterprise's
resources,
patient
data,
clinical
data
and
finances.
It
is
capable
of
processing
and
tracking
information
for
the
entire
healthcare
cycle.
The
HES
System
can
be
used
by
physician
practices,
outpatient
clinics,
hospitals,
long-term
care
facilities,
home
health
providers,
health
insurance
payors
and
other
healthcare
entities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | HEAL
is
in
the
process
of
changing
from
a
company
primarily
involved
in
the
manufacturing
and
marketing
of
medical
products
to
a
company
primarily
involved
in
the
software
information
technology
business.
For
the
nine
months
ended
3/01,
revenues
fell
44%
to
$270
thousand.
Net
loss
applicable
to
Common
and
before
extraordinary
item
totaled
$8.1
million,
up
from
$2.8
million.
Results
reflect
a
shift
to
a
software
information
technology
company
and
higher
business
plan
implementation
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Paul Harrison, 45 Chairman
of Directors, Pres and CEO | $176K | Thomas Ridenour, 39 CFO | -- | David Engert, 49 COO,
Director | -- | A. Harrison, 40 VP-R&D | 119K | Marilyn May, 37 VP-Bus.
Devel. | -- | Dollar amounts are as of 30-June-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
|
|