Health Care Technology
Company Overview of Medical Information Technology Inc.
Company Overview
MEDITECH Circle
Westwood, MA 02090
United States
Founded in 1969
4,099 Employees
Key Executives for Medical Information Technology Inc.
Medical Information Technology Inc. Key Developments
Medical Information Technology Inc., Annual General Meeting, Apr 22, 2013., at 08:30 Eastern Daylight. Location: corporate offices, 7 Blue Hill River Road. Agenda: To consider and act upon a proposal to elect a board of six directors for the ensuing year to serve until the 2014 annual meeting of shareholders and thereafter until their successors are chosen and qualified; to consider and act upon a proposal to ratify the selection of Ernst & Young LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2013; and to consider and act upon any other matter which may properly come before the annual meeting or any adjournment thereof.
Medical Information Technology Inc. announced audited earnings results for the year December 31, 2012. For the year, the company’s total revenue rose 9.7% to $597.8 million, operating income rose 4.7% to $191.6 million, and net income rose 5.3% to $130.5 million. Earnings rose 4.2% to $3.55 per share and shareholder equity rose 9.5% to $14.56 per share. The company also announced that the board of directors increased the quarterly dividend 4.2% to $0.75 per share and increased the fair stock value 4.7% to $45 per share.
Elsevier's ExitCare, an enterprise-wide solution for evidence-based patient education and discharge instructions, is now integrated directly with the MEDITECH Electronic Health Record (EHR). In collaboration with MEDITECH, ExitCare's library of content, organized by care setting and composed of both Easy to Read and Standard content, is available in English and Spanish through MEDITECH's EHR, via the Patient Discharge Instruction application. ExitCare's content is not only designed to offer healthcare providers an optimal user experience and more streamlined clinical workflow, but it is also intended to deliver relevant, condition-specific information to patients at the point of care.
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To contact Medical Information Technology Inc., please visit www.meditech.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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