Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from George Hill - Leerink Swann. Mr. Hill, your line is open.
George Hill - Leerink Swann
Thanks for taking the question. One question Bill; I don’t think I missed this, but you guys did not give bookings guidance for fiscal 2010, did you?
Bill Davis
We have not George. We have not been giving bookings guidance out for some period of time and have chosen to continue to follow that practice.
George Hill - Leerink Swann
Okay, just checking on that. I’ve been away a while. Second, with respect to the Misys transaction I was wondering, could you give us some color around current booking sales into the Misys space; I guess percent EMR penetration into the Misys space and what the bookings were into the Misys space?
Bill Davis
George, we’ve talked about a couple things to your questions. One, penetration within the Misys space, we estimate to be about 20% of the 110,000 physicians have made an electronic health record decision, leaving close to about 90,000 physicians yet to make a buying decision. We set reasonable goals for ourselves in 2009.
As Glen indicated, we exceeded those expectations, so we feel good about that. It is suffice it to say, a clear focus of the business as we move into 2010 and one that we would intend to continue to give some color around, although I would be hesitant to give any sort of specific quantitative views on it.
Glen Tullman
George, I’d just add that in a time where the economy is tough, that works for us; because the likelihood that physicians are going to take out a working practice management system, which is really as I said in my comments kind of the life blood of their practice, just to try something new and they don’t have to; and remember there’s no stimulus funding for practice management.
So, it’s much more likely that those 90,000 physicians when they go shopping are going to talk to us first. They want to make sure that the electronic health record they purchase, works, integrates and connects with the practice management system they have and they’ve been using for some period of time.
Generally the smaller practices like to say they want one throat to choke. They don’t want to call three or four different vendors, they don’t want them fighting with each other; they want one number to call to say ?Make sure my practice management system, which does all my billing works very closely with my electronic health records.? So, we think we have a real advantage selling into that market.
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