M3 2024 Financials Review: M3 Digical is doing well with 400 installations in the quarter, but what is the impact of the standardized EHR promoted by the government?
Description
This podcast discusses the full year 2024 financial results and outlook for M3, a technology company in the healthcare sector. It is noted that while sales have remained strong, operating profit margins have declined. In particular, the mainstay medical platform and clinical trial businesses experienced declines in both sales and profits due to the end of special demand. On the other hand, the staffing and hospital management support businesses are growing, and in the hospital management support business in particular, the introduction of M3 DigiCal is proving to be a strong success. The report also analyzes that the standardized electronic medical record promoted by the government will not have a significant impact on M3's business, and mentions the company's entry into corporate services through the acquisition of Ewell.