Medical Information Technology

MediTech Circle

Westwood, MA, 2090, USA

+1 781-821-3000

http://home.meditech.com

461

Recent Developments

Sales continued to decline in 2015 amid shifting market conditions that resulted in lower product bookings.

Overview

Ownership: Private

Employees: 4100

Functional Market: ERP Financial Management, ERP Services and Operations Management, Procurement, Supply Chain Management,

Key Verticals: Healthcare,

Medical Information Technology Key Enterprise & Cloud Applications

Meditech 6.0 Platform

SCORES Analysis

Medical Information Technology Strengths

Meditech, the granddaddy of healthcare software companies, has been selling a range of systems from clinical laboratory solutions to EHR applications to healthcare providers around the world.

 

Since 1969 Meditech has been positioning itself as a pure-play healthcare software company delivering consistent results. In many respects, Meditech has been one of the key beneficiaries of increased healthcare spending as well as consolidation among hospital chains. Many of its customers have been using its software for decades and their spending with Meditech continues to rise as they keep expanding through numerous acquisitions to leverage better economy of scale.

 

Through the years Meditech has continued to expand by adding new clients now totaling 2,400 hospital sites, compared with 850 in 1996. Meditech’s revenues have been growing steadily from under $200 million to close to $600 million in 2012.

 

In 2011 Meditech bought out its long-time practice management apps partner LSS Data Systems by acquiring the remaining 80 percent stake that it didn’t own. The move is expected to help Meditech expand across the healthcare provider space by tapping into large and small facilities alike.

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  • Key differentiators
  • Domain Expertise
  • Product portfolio
  • Solution scope

Medical Information Technology Revenues, $M:

Type/Year20112012201320142015YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Medical Information Technology Revenue Breakdown By Type, $M:

TypeLicenseServicesHardwareSupport & MaintenanceSaaS
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe

Medical Information Technology Revenues By Region, $M

Region% of Total Revenues2015 Total Revenues, $M2015 Enterprise Applications Revenues, $M2015 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Medical Information Technology 2015 Direct vs Indirect sales

RegionDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Medical Information Technology Customers

No. of Customers: Subscribe

No. of Enterprise Applications Customers: Subscribe

No. of Cloud Customers: Subscribe

No. of Cloud Subscribers: Subscribe

Don't Miss our Customer Database


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  • Reference wins across regions
  • Customer Size segments
  • Customer wins momentum

Medical Information Technology Opportunities

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  • Market Opportunities at the vertical and subvertical levels
  • Mergers and Acquisitions (M&A), Funding
  • Geo Expansions

Medical Information Technology Risks

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  • Ability to handle internal and external risk and challenges

Medical Information Technology Ecosystem

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  • Health of ecosystem
  • Network Effects of BPO, ISV, SI
  • VAR Partners
  • Direct vs Indirect sales

Medical Information Technology Cloud Infrastructure Insights

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  • Cloud Infrastructure (IaaS)
  • Cloud Platform (PaaS)
  • Cloud Application delivery (SaaS)
  • Data Center (Hosting)

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.


Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).




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