Revenue decline in the Medical Information Systems Business due to the end of subsidies for introducing online eligibility verification
First written in FY2024-Q3. 1 of 3 entries say "Materialised", first in FY2024. Latest entry: FY2025-H1.
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- FY2025-H1ReframedAnnual report
「In the medical information systems business, revenue decreased 1.0% year on year as new sales remained sluggish following the temporary suspension of Qualis Cloud sales, while implementations declined as demand for online eligibility verification and related systems reached a peak.」
The explanation for the decline in revenue related to online eligibility verification expanded from a decrease in implementations due to the end of the subsidy application period to a decrease caused by demand reaching maturity. - FY2024MaterialisedAnnual report
「Revenue declined 10.1% from the previous fiscal year, partly because the number of implementations fell following the end of the subsidy application period for online eligibility verification in September 2023 and because sales of cloud-based electronic medical records were temporarily suspended.」
The end of the subsidy application period for introducing online eligibility verification emerged as a 10.1% year-on-year decline in revenue in the Medical Information Systems Business through its impact on the number of implementations. - FY2024-Q3First statedAnnual report
「Revenue declined 3.0% year on year, partly because the application period for subsidies for introducing online eligibility verification ended in September 2023 and because sales of cloud-based electronic medical records were temporarily suspended.」
The end of the application period for subsidies for introducing online eligibility verification was identified for the first time as one factor behind the decline in revenue in the Medical Information Systems Business.