Daou woos Perot Systems in hopes of potential buyoutHealthcare information systems company and application service provider Daou Systems is hoping to join forces with Perot Systems and is currently negotiating a potential buyout. According to
Healthcare information systems company and application service provider Daou Systems is hoping to join forces with Perot Systems and is currently negotiating a potential buyout. According to the San Diego, CA-based firm, the purchase price being discussed is not a premium over its market price. Despite the ongoing talks, Daous stock price dropped over 20% to $2.19/share on August 11 from a closing price of $2.75/share on August 9, following the companys poor second quarter earnings report.
Daou reported a net loss of $2.8 million, or 16¢ per share, on revenue of $16.1 million for second quarter 2000, compared to net income of $60,000 on revenue of $27 million for second quarter 1999. The company blames its lower-than-expected earnings on lagging demand for healthcare IT services due to continued effects of Y2K and the Balanced Budget Act, managed-care cost pressures, slow demand for HIPAA-related services, and uncertainties surrounding healthcare integration.
In related news, Perot Systems has closed a strategic agreement to provide infrastructure design and implementation and operational support systems to Tellaire, a telecommunications provider of laser-based broadband communications. This partnership will further the Dallas firms reach in wireless broadband.
Study Reaffirms Low Risk for csPCa with Biopsy Omission After Negative Prostate MRI
December 19th 2024In a new study involving nearly 600 biopsy-naïve men, researchers found that only 4 percent of those with negative prostate MRI had clinically significant prostate cancer after three years of active monitoring.
Study Examines Impact of Deep Learning on Fast MRI Protocols for Knee Pain
December 17th 2024Ten-minute and five-minute knee MRI exams with compressed sequences facilitated by deep learning offered nearly equivalent sensitivity and specificity as an 18-minute conventional MRI knee exam, according to research presented recently at the RSNA conference.
Can Radiomics Bolster Low-Dose CT Prognostic Assessment for High-Risk Lung Adenocarcinoma?
December 16th 2024A CT-based radiomic model offered over 10 percent higher specificity and positive predictive value for high-risk lung adenocarcinoma in comparison to a radiographic model, according to external validation testing in a recent study.