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EMIS - Slow but sure rollout of EMIS Web

March 2011

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  • Epic Code:
  • EMIS
  • Price:
  • 465p
At one point the shares were £1 higher than our 373p big write-up price last June. During the month EMIS issued a bullish update. The legacy UK business, supplying GP systems, has been unaffected by ongoing change within the NHS.Rollout for the new EMIS Web product remains slow but on track with 44 GP sites switching off the old system and using EMISWeb live. A further 433 orders have been received (and go live in coming months) as well as 1,665 “familiarisation†orders (whereby GPs will trial the system alongside their existing one on a read only basis). The keynote is that EMISWeb gives EMIS a vital shot of new revenue as GP practices move onto hosted servers and this new source of income has already lifted the overal ...

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