Emis eyes ‘GP IT Futures’ framework

Back in December, we learnt that healthcare software group Emis (EMIS) had reached a settlement agreement with NHS Digital over issues linked to its service levels and reporting obligations to GPs surgeries announced in January 2018. In the event, the final charge taken was actually lower than the £11.2m figure provided within 2017’s full-year results. Thus Emis’s latest numbers included a “provision release” of £1.7m – sending statutory operating profits soaring by 170 per cent to £28.7m. Unsurprisingly, the shares were marked up in reply, supported by news that sales had improved across all core businesses, and that recurring revenues rose by 5 per cent to £141m.