IT firm Misys Healthcare Systems has released its mid-fiscal year financials, revealing solid increases in revenue and profits.

For the six-month period ending Nov. 30, 2003, Misys revenues grew 11 percent, when compared to the same period the previous year, to $253 million. Operating profits rose 5 percent to $35 million.

Revenue growth was boosted by a four-month contribution from Misys CPR, a computerized patient record (CPR) product that was acquired on July 29, 2003. Reported profit, however, was adversely affected by integration costs and a small operating loss associated with the CPR product.

“In addition to our strong financial performance, our half-year achievements helped strengthen our position as a leader of quality clinical solutions,” said Misys Healthcare Systems CEO Tom Skelton. “We continued to invest heavily in our electronic medical records (EMR) system and customize it for a variety of medical specialties–.”

Misys Healthcare: www.misyshealthcare.com