Emdeon's postdivestiture Q1 results dip

AuntMinnie.com staff writers
May 3, 2007

The sale of its interest in Emdeon Business Services in November 2006 resulted in lower revenues and earnings for healthcare services and information technology developer Emdeon in the first quarter (end-March 31).

Revenues totaled $122 million, compared with $277.2 million in the first quarter of 2006. Net income slipped to $6 million, compared with $16.4 million in the same quarter a year ago.

WebMD contributed $73 million to the Elmwood Park, NJ, company's first-quarter revenues.

By AuntMinnie.com staff writers
May 4, 2007

Related Reading

Emdeon completes stock buyback, December 5, 2006

Emdeon completes business services sale, November 17, 2006

Emdeon profits from sales and divestiture in Q3, November 3, 2006

Emdeon sells majority interest in Business Services, September 26, 2006

Emdeon completes Practice Services sale to Sage, September 15, 2006

Copyright © 2007 AuntMinnie.com

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