Management Discussion and Analysis from AR
http://www.bseindia.com/bseplus/AnnualReport/531268/5312680315.pdf
B2B - Health Care Division
The Healthcare Information Technology industry continued to evolve in 2014 with new coding standards coming to the forefront.
Perhaps the most noteworthy change is the transition to ICD-10, a far more comprehensive coding standard than its predecessor,
ICD-9. In addition, GeniusDoc has made strides to expand on its electronic prescribing functionality by including the ability to
prescribe controlled substances (EPCS) as well as send clinical messages.
The initial flurry of Meaningful Use incentives is drawing to a close, thus putting many physicians at a crossroads. Either tolerate
their EHR for the foreseeable future or undertake the painful process of finding and implementing a new EHR throughout their
practice. Fortunately, GeniusDoc has been able to reap the benefits of its favorable reputation in the medical community as
several practices have moved on from less desirable EHRs to GeniusDoc based largely on word of mouth. Consequently, this
transition has helped GeniusDoc expand its reach into previously untapped regions like the Pacific Northwest (i.e. Washington)
and the Southeast (i.e Alabama). The last few years have also featured a wave of hospitals buying out private practices as well as
consolidation. The movement towards hospital settings has not fazed GeniusDoc as practices have gone to great lengths to
ensure that they are still able to use the application despite the change in ownership. The increase in consolidation has allowed
the company to leverage its existing customer base as physicians and practices are joining GeniusDoc affiliated practices.
One of the hallmarks of GeniusDoc is its commitment to constantly improving the product both internally through customer
feedback and externally by integrating third parties into the application. Beyond servicing the expected medical needs of
practices, GeniusDoc has matured into an incredibly robust practice management application capable of accommodating
multiple workflows. In fact, many practices have incorporated the GeniusDoc Patient Portal into their workflow to reduce the
burden on front office staff as well as improve transparency with patients. Moreover, several practices have leveraged the tools
inside of GeniusDoc to streamline patient visits (i.e. Dashboard, Synopsis, etc.) by tapping into a horde of readily available
information.
GeniusDoc collaborated with notable credit card processor, TransFirst, to develop an integrated solution that streamlines
payment workflow in front offices. Along those lines, GeniusDoc also worked with an appointment reminder service, Callpointe,
to relieve the burden placed on front offices to constantly reach out to patients to confirm patient appointments.
In short, the future continues to look bright for GeniusDoc as the product continues to mature and evolve while the customer
base grows.
B2B in the Microsoft Dynamics world
B2B is India's leading provider of business consulting services delivering exceptional service and sustainable value through
consulting, software and IT implementation in Microsoft Dynamics World. Our diverse clientele includes mid-sized companies
and larger enterprises.
As a Microsoft partner – B2B advances and adds value to Microsoft's leading business solutions and client relationships by
ensuring that companies get the highest level of attention, expertise and results from Microsoft technology.
With more than 180+ client engagements, B2B leverages its deep expertise in Microsoft Dynamics and Microsoft technology to
deliver a competitive edge to organizations worldwide.
B2B LIFT is certified by Third Party Consulting Company for GMP.
Our Reseller base is consistently increasing with more than 150 add-on sales in India and Abroad. Our Reseller base abroad
spreads across, Singapore, Philippines, Malaysia, Vietnam, Sri Lanka, Australia, South Africa, UAE, Kenya and Middle East.
B2B development team has developed HR & Payroll add-ons specific to different countries for Microsoft Dynamics Partners on
NAV and AX.
Our expertise and understanding of Microsoft's suite of products combined with our industry knowledge and consulting
experience enables us to quickly focus on selling and providing services related to Microsoft Dynamics Products
Our relationship with Microsoft has contributed to our ability to expand and maintain our worldwide presence, enabled us to
provide input on product enhancement and gain access to Microsoft resources that facilitate product placement and services
opportunities in the market
Risk and Risk Mitigations:
Microsoft Dynamics being a growing business, new entrants into the market and competition will continue to exert pricing
pressure undermining industry profitability, Strategic positioning and generating higher level of economic value by continuing to
build IP and offer value added services around verticals and add-on's is mandatory.
Scale of operations is limited to the existing level unless a fresh funding route is identified.
Crs. | FY 12 | FY 13 | FY 14 | FY 15 | Q1 FY 16 | Q2 FY 16 |
Sales | 5.55 | 6.08 | 7.23 | 8.29 | 1.77 | 1.83 |
Net Profit | -0.08 | 0.26 | 0.68 | 0.73 | 0.24 | 0.62 |
NPM | 4.28% | 9.41% | 8.81% | 13.56% | 33.88% |
Results for half year ended 30 Sep 2015: http://www.bseindia.com/xml-data/corpfiling/AttachHis/8FDC29D4_226C_44D2_9CDE_21234C348E5B_143154.pdf
Promoter Holding 74.72%
Long Term Debt - Nil
Cash Flow operations positive: https://www.screener.in/company/531268/consolidated/
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