is the imaging side of healthcare becoming over saturated? Mergers and buyouts are becoming very familiar terms in health care today and the imaging business has their share as well. BD
Sales continue to fall while losses increase for medical imaging software vendors Emageon Inc. and Merge Healthcare. Birmingham, Ala.-based Emageon had a net loss of $25.8 million in the second quarter of 2008, including a goodwill impairment charge of $21.6 million. The company had a net loss of $300,000 during the same period last year. Quarterly revenue fell 29% to $18.1 million as system sales dropped nearly 47%. For the first half of 2008, Emageon lost $30.4 million--including the impairment charge--as revenue fell 29% to $37.4 million.
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