ATLANTA, April 1 /PRNewswire-FirstCall/ -- NDCHealth Corporation today announced that it will delay release of its 2004 fiscal third quarter financial results and the conference call previously scheduled for April 1 and April 2, 2004, respectively. This decision was prompted by the company's initiation of a review concerning practices and procedures relating to the timing of revenue recognition of sales to the value-added reseller channel in its physician business unit. The physician systems business historically has constituted approximately 8% of the company's total revenue and 6.5% of its total operating income.
NDCHealth will release its results as soon as its review is completed. About NDCHealth
NDCHealth is a leading provider of health information solutions that add value to pharmacy, hospital, physician, pharmaceutical and payer businesses.
NDCHealth CorporationCONTACT: Robert Borchert, VP, Investor Relations of NDCHealthCorporation, +1-404-728-2906, or robert.borchert@ndchealth.com
Web site: http://www.ndchealth.com/