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float...hopefully with an associated divvy! good job geet, you ain't been off yet.
G_l_4_M, I think this is going to be a LONG HAUL! I dont see anything to drive the pps yet without a buyout. Q by Q, perhaps we get to $3.00 in Mar/April. I think we trade in a 0.30-0.50 range for a few weeks here.
Now that I have said that, watch me be pleasantly wrong; PLEASE! :} Maybe the selling, which occured for whatever reason, is over. Or maybe insiders who know some good stuff will take over the pps bias.
Anyone want to spring for 290 British Pounds for this report??
http://www.e-health-insider.com/tc_domainsBin/EHI_Reports0332/e-health_PAS_Exec_Summary.pdf
tooooooo easy. this thing isnt MANDATED by the NHS, its permitted. Also, lets assume (for now) that Medify gets competition at some point. Either way, its not a no-brainer.
ALSO, I think each PCT is responsible for its budget.
I dunno, I may be all wet here...wouldnt be the first or last time.
I was hoping that the documented sales would be the 'fact', and that the hope//preparation phase would be the 'rumor'. So that buy the rumor sell the fact would apply. doesn't seem to be the case with this puppy. It will take a big spike up in revenues (which ain't saying much) to get thes baby off the floor.
If someone wants to prove me wrong, I would be DELIGHTED! LOL
Right. It would be wonderful if Medify could get a $1.5B contract with the NHS to deliver remote to all its users. But that ain't how its gonna happen. What they did get was the top level NHS approval for the unit to be hooked up to the spine and a sort of endorsement regarding the benefit of its use by those in the NHS.
The rest is up to Medify marketing.
Give me $10 one way or another by this time next year and I will be happy.
Go Nik! Go Ian! Do your visionary thing JB. RIP Trevor.
lem, I feel and share your frustration, but Medify does not control the NHS processes.
"Dr Martyn Coleman, the Senior Partner/Lead GP"
I wonder...."Senior Partner" in what? If one reads that PR closely, it doesnt say that Dr Martyn Coleman is associated with the NHS.
Just curious. Could all be ok.
I'm getting to relaize that!
did the sale (of V2V) go through? I thought what I saw was just a notice.
STAFFORD, UK, Sept. 20 /PRNewswire-FirstCall/ - Medify Solutions Limited (Pink Sheets - MDFY) confirmed today that the Group has successfully concluded the negotiations to acquire, as a fully owned subsidiary, Voice 2 Voice Limited in the UK.
the saturation here is why I like the idea of going after expanded business and systems, such as the V2V thing that JB seems to be going after....and other (foreign?) markets.
These efforts are repeats of the long hard grind.......maybe a buyout is best...take the money and run!
hell, even less of a clue! Has to do with the premium a company will pay so they dont have to do the work thats been done.
wild ass guess for 30,000 users:
30,000users X 50$/user X 12months X 0.5 profit=$9,000,000
At the 30,000 user point, I see revenue growth in the 50-60% range, at least. Cos at this stage usually get premium p/e. say 40-50 maybe 100 or even much higher on momentum and specultation.
so $9M/55Mshares X 50p/e= about $8.00/share.
Use your own correction factors from there.
Then, one has to ask, what is the NHS saturation point and where does Medify go from there?
If they peak out at say, 200,000 users. They will have $60M profit/year and no growth. $1.00/share.
MHO only Do your own Due
Good news for Medify Remote: DH rejects patient opt-out requests
04 Dec 2006
The Department of Health has rejected patients’ requests to stop their information being uploaded to the NHS data spine.
On Friday the DH wrote to patients who had sent in a coupon from the Guardian newspaper requesting to opt-out telling them that would not be able to do.
The eight page letter from the DH to patients claims that much of what has been written about the NHS Care Records Service is inaccurate and aimed to set out the reasons for the introduction of the NCRS. The letter states that the NCRS systems being introduced have been specifically designed to support patient confidentiality and to restrict access to only those who need to see parts of a patient’s record for their care and would be more secure than existing systems.
It adds: “Returning now to the request in your letter that the Secretary of State for Health should stop the process of adding your information to the new NHS database on the grounds that it is likely to cause you substantial unwarranted distress, I am afraid that I am unable to agree your request.”
Patients who believe they do have “further unique and personal reasons for claiming substantial and unwarranted distress” are invited to write explaining those reasons to the DH’s Customer Services Centre.
The response has been criticised by the British Medical Association who claim ministers originally promised that patients would be able to opt out and that to deny that right would breach the Data Protection Act.
The letter then goes one by one through the reasons highlighted in the coupon for patients to opt out including the fact that sealed envelopes, which patients can use to hide sensitive information from view, will not be available when the Summary Care Record begins to be uploaded next year.
The DH letter states that “equally secure though less flexible” measures are in place for the initial phase of the SCR service. The DH says this will mean that patients can have their record flagged so that the SCR cannot be accessed without permission.
The letter adds: “You have the choice of a full summary, a partial summary, or a summary that can be seen only with your permission. The same level of security that will be available through the “sealed envelope” procedure will therefore be available, through different means, in these early stages, to limit access to your records.”
Details of the way the proposed sealed envelope system will work are expected to be released shortly.
Isn't Nik supposed to start @ Medify in Sales/Marketing today?
medify web site is updated
thats right, I keep forgetting about pinky manipulation. Oh well, sooner or later, demand will prevail.
I think this may take a while to get released by the media sources, but as I said earlier, not to worry...I'm not! :}
However, I am still in awe of the low ask.
I will have a good day today regardless of the exact outcome of today or this week, because I know we are sitting on a winner here, and the next months will be very rewarding.
Thanks, I knew that Lem; just passing along info about who/whats going on in Italy.
Kodak implements PACS in Italy
04 Dec 2006
Kodak has agreed a five year deal worth €20m to install its Carestream software in the south-east region of Tuscany, Italy.
Carestream PACS and information management solutions will be deployed in 14 hospitals, allowing them to centrally archive, view and manage the records of over 800,000 patients. The hospitals handle over a million radiological examinations each year.
A Kodak spokesperson told E-Health Insider: “The tender has been awarded in partnership with General Electrics (GE) and a local company called Industrial Software (INSO). Kodak is leading the association. The customer chose Kodak and its partners for the strong experience and competence of the team, for the quality of the project and for the value added offered by our RIS/PACS solution.”
The aim is to implement a unified system that would allow sharing of information, clinical data, medical reports and images produced by the radiology services of the hospital structures in the area, including the local health centres of Siena, Arezzo and Grosseto and the University Hospital of Siena.
Kodak says that it will provide an efficient method for managing information and images, captured by a variety of diagnostic imaging modalities, to create image-enabled electronic medical records.
On each node of the network, identical sever pairs manage the flow of images and coordinate the phases of information archiving, consultation and distribution.
The spokesperson added: “Initial roll out of the new system has led to numerous and important benefits at many levels including increased efficiency, rationalisation of processes and significant workflow improvements within the hospital structures involved.
“Patients will see improved operational activities, an optimised health service, less management and fewer service costs.” The deal includes a four year maintenance guarantee .
Chief executive of ESTAV South East, one of the three sub-regional technical and administrative service units in Tuscany, Francesco Vannoni, said: “Today, after several months of operation, we can say that we have a system that is performing excellently. From Kodak we have received commitment, participation, collaboration and punctuality.
“It is true that the structure has required heavy investment, but we have calculated that within five to eight years the cost of implementing this technology will be repaid, and from then on we will see only the benefits.”
In the UK, NHS Scotland and the BUPA hospitals network have signed up to the Carestream software,
"Bamby"??..I thought it was "BANGbe"!!!
medimgg, the divvy on new ipo shares of the foreign sub was supposed to be part of a NEW IPO of a NEW entity with NEW revenue, not one diluting existing shares of the exiting company. It was to fund a separate subsidiary.
Now I agree about what constitutes diution, but this isn't that case, i dont think. I could be wrong.
I agree that the current 1 for 4 divvy does constitute some dilution....theres no new revenue generated.
Herbie
Revenues Benjemin, Revenues; not bookings, REVENUES!!!!
..makes me wonder what EMIS is getting out of this deal. If Medify does the sales, maybe EMIS will still be doing some Marketing, and bear some costs, and still get something out of it.
If Medify is (are????LOL) doing the sales work rather than EMIS, do they get a larger share of the rev $$????????
Now competitors have it easier to gain compliance
Quicksilva release spine compliance software
01 Dec 2006
Quicksilva Software Solutions has released an application that mimics the messages generated by Connecting for Health's data spine so that developers have a better chance of judging compliance before they go into official testing.
While Spine-in-a-Box is not intended to replace the 'sandpit' - the testing procedure made mandatory by Connecting for Health for all systems that communicate with its central database, the data spine - it emulates the spine's security protocols and messages, allowing testers to check their own software's responses and authentication.
Gayna Hart, managing director of Quicksilva, explained: "Meeting the rigorous CfH compliance guidelines can be time-consuming and resource-intensive. Using Spine-in-a-Box removes compliance delays by allowing healthcare providers to carry out full testing and performance tuning before submitting their systems for certification."
Hart told E-Health Insider that the software should save developers time, as it would allow them to check their code before submitting it for official approval -- something that could take a number of months. "One of the biggest hold-ups that we can see is that all applications have to be tested and proved by the NHS before they can connect. The biggest issue is getting time in the sandpit."
Spine-in-a-Box uses the public messaging protocols released by Connecting for Health, and is updated as the data spine develops. Any software under development that needs to communicate in HL7 can use the system, says Quicksilva - for instance, specialist social care software.
The system can also be configured to generate unexpected responses to fully gauge software functionality. Quicksilva say that four systems that had been tested on Spine-in-a-Box have now been certified as compliant by CfH.
The software is currently set up to mimic electronic transmission of prescriptions. Modules that emulate the Personal Demographics Service and Choose and Book are currently under development.
Quicksilva, based in Wiltshire, also produce Spinal Tap, a program that acts as a broker between existing applications such as central pharmacy systems and the data spine. The software has been deployed by Boots in order to allow its dispensing pharmacies to receive electronic transfers of prescriptions.
hurry, hurry, hurry; get 'em while they're cheap!
Dont make me laugh, my lips are chapped.
another delete by herbie
deleted by herbie
Have Joanne Webster and JB been dateing?
Sorry, I couldn't resist! Just a JOKE! LOL! LOL!
I may be a sap, naieve, i dunno'.
What about EMIS, Blackberry, Doncaster?
So are these true, but the 'directors' riding/milking this with a sidebet scam?
Im still not convinced. If this is a scam, then we have some experts at it here.
could be options expiring from a previous 'officer'. So why bid high when there is 'gotta sell' in the house??
Just a thought/guess
oh i agree and hope that too geetar. My first year and growth estimates........ , oh hell, its all a swag! LOL!
Assume projected revenues $20M over the next year, and for a growth industry like this (>>50%/year growth), assume a p/e of 50-60. Then 20,000,000 X 0.4margin X 50pe / 50M shares=~~$5.00.
Just a swag. MHOP only.
Actually, I retract and apologize for my remark of last week about e-health insider being a 'tabloid' in the sense of other UK dirt tabloid. I have seen some plain vanella, objective, factual stuff come from them lately. For a while there, all I saw was the dismal NHS failure reports. Maybe thats all there was at the time.
Lets hope Medify can start a winning streak for the UK NHS!
Could anyone tell I was in a lousy mood there for a while??? LOL.
Go Ian Go! Go Nik Go!
thanks for your take. Looks like a diagnostic tool.
Or maybe its....but probably not...seems different.....
Map of Medicine to pilot PDA access
29 Nov 2006
Map of Medicine are to pilot a PDA-based version of their evidence-based clinical pathway information system for the first time in the UK.
In July, the company developed a PDA version that featured seven pathways of care, called the Mobile Map of Medicine, in Kenya. The company is now about to launch the pilot version in England and Wales with all 300 Map of Medicine pathways.
A Map of Medicine spokesperson told E-Health Insider: “We are just beginning six-week pilots in selected surgeries, hospitals and ambulance trusts – mostly emergency care practitioners - in Essex and Wales. We have a designated study plan to monitor the progress of the pilot which includes interviewing users, getting surveys answered and observing the use of the mobile devices.”
Initially a small group of GPs, consultants, paramedics and specialist registrars will be able to access the full content. The mobile pilot will offer comparable functionality to the web-based application, and is designed to help users evaluate concept and implementation. The mobile pilots are not currently part of the company's contract with the NHS.
“We will be looking to see that the Mobile Map of Medicine fits in with current working practices and working environment of healthcare professionals and trying to ensure that the Mobile Map of Medicine fits in with these and is easily accessible on any mobile device,” the spokesperson added.
Gwent Healthcare NHS Trust is one of the sites piloting the system. Their strategic health evidence manager, Joanna Dundon, said staff “were interested to see if it (Mobile Map of Medicine) could be used in their practice as they felt that they and their staff might not always have immediate access to a desktop PC.”
A&E consultants and ambulance paramedics within the trust were equally interested in trying the technology.
“We are currently piloting this with 13 doctors and 2 ambulance paramedic practitioners. Several district nurses and GPs have expressed an interest to take part in another six week pilot as they think they would find the Mobile Map useful when they are visiting patients in their homes,” Dundon added.
A Map of Medicine spokesperson told EHI that early stages of the pilots were going successfully.
“We are running this programme for free as part of our Innovation Development Programme and pay for trusts to free time for interviews and answering surveys. We are also loaning out PDAs with the support of HP and Panasonic.
“So far user testing has been positive. We will be conducting a wider pilot next year and invite any trusts who are interested to let us know so we have candidates for each region.”
The Map of Medicine is an online, clinical management tool designed to help doctors quickly find the most appropriate clinical information at the point of care. It incorporates the best available evidence worldwide for each pathway topic.
Further information on the pilot is available at www.mobilemapofmedicine.com.