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Bobwins

04/25/11 11:57 PM

#1133 RE: sbb4th #1132

Since they are dealing with doctors, clinics, hospitals, collections shouldn't be a major problem but the delay could be related to the process of qualifying for federal subsidies. However they could have included a simple sentence in the a/r to explain the poor collections. Hopefully the earnings PR will explain some of the issues we are talking about. Bobwins
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beachsideeddy2

04/25/11 11:58 PM

#1134 RE: sbb4th #1132

The failure rate for EHR implementaion is still high, even as of 2011. No wonder no one is paying if the failure rate for Medlink is no better than the rest of the industry. Then there are the entrants offering their services, with targeted advertising, for free.

“Actually, they don’t bother me at all,” said Lindsay, the vascular surgeon, about the banner ads he sees on mEMR, especially when he thinks about the $1,000 a month or so that he could be paying for a subscription electronic service.

http://www.practicefusion.com/pages/pr/Founders-Fund-leads-EMR-financing-round.html

"Hey! Forget about that Medlink bill. We found FREE!"