| MEDICAL
INFORMATION TECHNOLOGY INC
www.meditech.com |
| Industry
Group Code: 511212 |
Ranks
within this company's industry group: |
Sales: 2 |
Profits: 1 |
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ACTIVITIES ("Y" = Yes) |
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Services |
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| Technology |
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Y |
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| TYPES
OF BUSINESS: |
GROWTH
PLANS/SPECIAL FEATURES: |
Computer
Software-Health Care
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Medical
Information Technology, Inc. (MEDITECH) develops
and markets information system software for the
health care industry. MEDITECH’s software
products automate a variety of hospital functions,
as well as providing venue-specific products for
long-term care facilities, ambulatory care centers,
acute-care hospitals, emergency room management,
pharmacies, imaging and therapeutic service facilities
and behavioral health facilities. The firm’s
individual products can be operated in a stand-alone
fashion, as well as integrated through the company’s
proprietary MAGIC operating system. MEDITECH specifies
aggregate components for each hospital and subsequently
suggests typical configurations from selected hardware
vendors pertaining to its software needs. The firm’s
software products include Physician Care Manager,
which allows doctors to review patient information,
manage orders, sign records and document care through
a single, unified desktop; Internet Management software,
which manages Internet access throughout the hospital,
integrates hospital-wide communications systems
and handles system-wide data archiving; Patient
Care Management software, which manages order entry,
provides bedside medication verification, handles
operating room management, provides nursing interface
systems, creates enterprise medical records and
provides patient education and discharge instructions;
Clinical Laboratory software, which automates the
performance of various diagnostic tests on blood
and urine samples; and Patient Registration and
Revenue Management software, which schedules, registers,
checks for authorization and referrals and properly
bills patients. In addition, the company’s
corporate software can consolidate a hospital's
human resources, staffing and scheduling, materials
management, general accounting, budget forecasting,
and quality and materials management operations.
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| BRANDS/DIVISIONS/AFFILIATES: |
MAGIC
Physician Care Manager
Patient Care Manager
Patient Registration and Revenue Management
Clinical Laboratory
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CONTACTS:
Note:
Officers with more than one job title may be intentionally
listed here more than once.
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A.
Neil Pappalardo, CEO
Howard Messing, COO
Howard Messing, Pres.
Barbara A. Manzolillo, CFO
Ed Pisinski, Sr. VP-Sales & Mktg.
Chris Anschuetz, VP-Systems Tech.
Robert Gale, VP-Product Dev.
Barbara A. Manzolillo, Treas.
Hoda Sayed-Friel, VP-Mktg.
Stu Lefthes, VP-Sales
Steve Koretz, VP-Implementation
Joanne Wood, VP-Client Services
A. Neil Pappalardo, Chmn.
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| Phone: 781-821-3000 |
Fax: 781-821-2199 |
| Toll-Free:
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| Address: Meditech
Cir., Westwood, MA 02090 US |
| Internet
Address: www.meditech.com |
| FINANCIALS:
Sales and profits are in thousands of dollars—add
000 to get the full amount. . 2005 note: Financial
information for 2005 was not available for all companies
at press time. |
2005
Sales: $
2004 Sales: $280,800
2003 Sales: $270,800
2002 Sales: $256,200
2001 Sales: $217,900
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2005 Profits: $
2004 Profits: $71,400
2003 Profits: $67,400
2002 Profits: $63,900
2001 Profits: $56,800 |
Employees: 2,100
Fiscal Year Ends: 12/31 |
| SALARIES/BENEFITS: |
| Pension
Plan: Y |
ESOP
Stock Plan: |
Profit
Sharing: |
Top
Exec. Salary: $360,000 |
Bonus:
$721,736 |
| Savings
Plan: |
Stock
Purch. Plan: |
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Second
Exec. Salary: $240,000 |
Bonus:
$621,736 |
| OTHER
THOUGHTS: |
Stock
Ticker:
Joint Venture |
LOCATIONS:
("Y" = Yes) |
Apparent
Women Officers or Directors: 3
Hot Spot for Advancement for Women/Minorities: Y |
West:
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Southwest:
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Midwest:
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Southeast:
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Northeast:
Y
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