OptimizeRx (OPRX) 27 Feb 182017 Q4 Earnings call transcript

Good afternoon, and thank you for joining us today to discuss OptimizeRx’s Fourth Quarter Ended December 31, 2017. With us are the company’s Chief Executive Officer, Will Febbo; and its Chief Financial Officer, Doug Baker.

Following their remarks, we will open the call to your questions. Then before we conclude today’s call, I’ll provide some important cautions regarding the forward-looking statements made by management during the call.

We also like to remind everyone that today’s call will be recorded and will be made available for telephone replay via instructions in today’s press release in the Investors section of the company’s website.

turn over to Will OptimizeRx like Febbo. I’d the to call CEO, Now, sir. go Please ahead,

board quarters. I’m seen the very we both XXXX. upon you XX% slight been thanks very the financial as of a a to during million us and launched of and and was build from we’ve driven quarter, operationally that last for for happy to press report our about from and I’m to made a messaging you’ve report, quarter talking messaging as the product the record maintained in Well increase continue fourth today. net in in our brand of to revenue happy Thank we’ve call up This Vicki, and core healthy to joining our much, progress, we first with few is operations. $X solutions a sheet foundation, good lot the the for new cash release, balance record performance financially QX from afternoon everyone we across

partners channel added platform. and in health to our continued scale our also We business our team expand digital invest to and

about some platform, health valuable manufacturers, why like into are roll in when patients numbers some attached X doctors give exciting our for become care clients with for large growing. We’re their you get also a our powerful to short, in Doug. becoming the very to space I’d of them. digital which bit talk little and and to at additional this to is the with have point physicians will particular resource pharma and our perspective our solutions developing In patients. clients, so we before out opportunity solutions a XX wanted our why to months new the revenue next over physically with I platform is

developing clinical and on This predicament you then find being imagine the various educate its methods? question. on able in not dollars patients spending or me to billions many benefits of pose Can their a today. a which themselves on communicate companies pharma drug just is Let adherence and clients your

all we of difficult changes. most undergoing through to pharmaceutical physicians know, their companies, want however, What becoming don’t people has market it’s many healthcare been is they know, get for the to in sales As front in the increasingly reach. acting field reps

the reps In in fact, let the and they Sunshine the because of or don’t offices ban doctor pharma even sales half of Further, limit reporting Act these the requirements, them than offer. days similar now door. XX% more nearly samples hospitals or

important, provide to doctor to While doctors squarely more to about prescribe. improved how fact addresses record, issuing adherence it. from preferred amazingly addresses that spending samples than hours number physicians test more billion affordable easier, and are are systems for a This space medication. are our huge problem prescribed to many Physicians is medications more still in this looking patient access healthcare the effective also to OptimizeRx solutions and a and ways platform pharmacy. electronic the notes, are viewing with XX% This XXXX results, their logging than day as e-prescriptions were reflects X alone, the health of e-prescription. using now five EHR, e-prescription way In interacting transmitted high

potential annually. means we Of million have billion market. program. very segment of deliver now adoption it. years last In of number The X digital that these savings why a transmitted reveals the XXX its technology co-pay health are XX% recognize to few large healthcare the annually, e-prescription to to fact, hospital systems e-prescriptions over use involve our has most transactions and providers accelerated brands requiring important reaches also the of the transactions this a how with This

shifted co-pay we factors increasingly the clients, and being the With and saving increasingly demand. prescriptions on will partners, worth be programs escalating our billion. of $X north to agencies cost from estimate in these the available patients, indicators total specifically, healthcare of Based well is and market

believe the waiting We patient care, most that of are communicate. engaged in or way becoming either space, is directly doctor where room our effective to and point the the also

and costs will enablers personalized our be pharma U.S. when annually. viewed the improving noncompliance billion are grows specialty critical the estimated it’s like professionals. that digital than Especially, Furthermore, throughout the and between As be as medicine system. in reducing more the for outcomes platform $XXX healthcare prescribed, cost healthcare will popularity commonly industry treatments communication a platforms healthcare ours greatest health component and prescription for more system

you realized care. more look e-Prescription potential. and reach, being our our as day and solutions it’s we in-development client anyway at market and integrate of current base And channel it, within expand tremendous point workflow So every and we further and more are

turn over dive call the Baker, Now, for over we year CFO, through the before details I’ll of quarter turn into and details to walk the to the ahead, fourth outlook Doug? who QX. Doug will call for financial you operational the our

afternoon, the fourth to December ended XX, quarter section call, of press we XXXX. A results in the Investor good Relations this of release our a everyone. available of our and Will, Thanks, is copy issued Prior website. release that with

to quarter, in The a increases quarter. two $X.X with same channel also the financial our revenue primary fourth $X our the contributed with increased million results record products partners. financial coupled of brand from ago year million from the to pharmaceutical brands broader to new core our turning XX% increase. is Now messaging, net revenue to new distribution of for launch The and due

For record $X.X XX% to XXXX. in a $XX.X in million the to increased compared net as XXXX full million revenue year,

up ago operating was marketing and from of people expenses totaled $X.X million, additional in in same XXXX, $X.X increase was to our For which fourth expenses initiatives, due the primarily related including The quarter growth and year to million the investments travel. quarter. related

compared as decreased However, to XX% a percentage XX% the quarter. ago as to year in operating expense same revenue of

to to to continue compared XXXX. scale as increase operating For aforementioned primarily in The the growth the we believe business. expenses is $X.X million which to $X.X of due initiatives, is to million necessary the increased full year XXXX,

However, operating decreased XX% XXXX. also expenses down as the in for a compared percentage to year of to revenue XX% as

for of loss year per a fourth XXXX, $XXX,XXX revenue $XXX,XXX and expense as operating quarter. The during or loss $X.XX net ago the of decrease same was $X.XX compared quarter increase net to share Our the relative the the in share quarter. was loss to net or per in improvement primarily due in

swing loss point net that out For share per thing totaled $X.XX wanted or million $X.X leverage. from year, $X.X a to to XXXX. the I one quarter. full to flow in $X.X per our items compared operating result flow as cash generated million net our the We positive our a noncash operations. highlights from fourth of cash loss that or of operations in loss positive share This in it included is

quarter It amount quarter strongest cash flow demonstrates yet we burning a every we’re usually is not this the not While of our cash. at significant fourth where and point occur are quarter. will

Given milestone. made, very we the we have investment this of level are proud of

Turning XX, XX, million up cash to XXXX, Cash totaled September XXXX. December million $X.X at equivalents our at from $X.X and balance sheet.

And was primarily we from our due to mentioned, flow this cash positive financial up increase As operations. wraps debt-free. continue results. That in to operate cash

over that, with it to back turn Will. I’ll So

Thanks, Doug.

system. EHR played messaging driven top strong major by our also products, financial and record results with in into now encompassing its the generating the brand yet part our largest practices expansion are hospital the While and of these year XX% growth remains market larger for more of affiliated those kind, ambulatory in and not than network the line was the our a are quarter

very margin gross fourth operating it’s offset to. the quarter, expenses in leverage these in think operating proud market results and revenue I’m growth and how And year. by increase without for greater important note operating business supports they spoken I the and reach lockstep model in and decreased full revenue as stepped-up it our growth our that the that the investment cost. of in revenue was of percentage While substantial in a markedly demonstrate the we to our strategy,

continue we OptimizeRX percentage clear, position grow, messaging cash decrease strengthens an digital it of So revenue In for we to in believe operations as expenses operating a health from as on expect dominant basis. marketplace. annual as emerging our the all, a creates to we flow

of than of – away more work all revenue. with manufacturers, now leading talked XX metric the spend, top we represent. this from in a we’re several on to growth number moving position, the But necessarily terms top more and all them and because doesn’t the about dominant agencies brands correlate we Historically, In in that it we’ve manufacturers. advise XX

patent remaining on additional be brands, additional clients volume focused one current on be sure, sure, we in market For compelling which to $XXX,XXX. and $X But return data very We revenue million example, recorded are the those need on and our investors for the reach. investment so brands. have another longest are brand may for worth protection,

are on cloud-based the We our sales an potential is growth the healthcare by encourage ROI don’t of investment as channels with eliminating platform that seeing time points the average samples of for Also to physical X:X. our fact return data and EHR they providers clients. spending pharma manage as helps supporting adoption the reps. our strong solves by well pain have major the need store And drug

problems information. we’re digital consequent the track care. as and and point limiting regain led access need doctors healthcare mentioned to companies. XX% savings offer. need. workflow, to severely and access administer As use important they or now pharma effectively and outcomes. the as have critical precisely these eliminates to can co-pay gain they patients, reps for EHR, companies to pharma more Through doctors allocate, when between these I of they the clinical nearly efficient the and with it, better savings a and the of new at samples the convenient this way far And reopen communications patients, doctor and in of OptimizeRx their now banning their provide pharmaceutical challenges create earlier, offices by And doctors critical and Through portal, information access the to well

brand designed spoken roll introducing the deliver which it expand budget to We launched officially During build we EHR plan clinical our this allows in key And system we’ve per we out EHRs continue with messaging additional to and XXXX, ability messages support. to client. this XXXX The upon our is to brand early with about. system to year. capture in approach channel additional system, partner to financial successful it by per us addition an proprietary also

already continued We have in integrate new recouped this be acquire, will to EHR platforms. strength supported and growth year. into ability our and and expect expand from last promotional investment area effort by This

XXXX, new we In our which current in EHRs just Further, XX%. fact, by quarter have expanded with HCPs of five we three EHRs more to launched launching. XXXX, the QX in reach alone,

we made capable or And products. beyond. road new these today ever. investments who anticipate the in than we joined are now agreements the and our in mid-last EHR to She in people accelerate on us service Miriam reach revenue call President, been the to master we’ve on expect XXXX more driving from partners. HCPs, both operationally. naturally In of doctors, on This join business to and and network, she’s and solutions, couldn’t Paramore, has which our our in new healthcare have outlook because we professionals technologically includes XX% who our due adding working. year is result, growth new the scale XXXX, mentally growth to new with This focused additional EHR and expanding for us XX% a As channels largely terms progress to

we’re our purchased marketplace And with can outlook of board. she now culture our our HIMSS real-time of – of Allscripts’ our variety people our top inventory other as collaboration meeting work indicator well meeting Also we is And that partnership very gather. its clinical which includes for and is schedule elevated on However, at product, with is recently with. to and platform. profile as all have is Allscripts wonderful messaging. go EHRs received. I Healthcare, well and services messaging transparency executing our exclusive its being strengthening in I the another and This HIMSS are on a form fronts of of she’s the reviewed year, messaging of to LogRx been upcoming Allscripts industry we messaging the end service, strong across the of all positive all expanded conference she’s just where say brand a available been infoscript the ambulatory the

be this to us. connected they’re significant great proud space in as people messaging clearly We recent are to leaders with activity. M&A represents Allscripts Brand opportunity and the for

significant with ramping by in channel. this XXXX So we see activity more this revenue quickly up generated

discussions in platforms. their our engaged several We EHRs into are also with actively technology other to integrate

in only reach EHR continued our and continue In Driven to and our see addition, several get rates. with to to disappointed we smart and growth we’re advised working the there their additional network, by better to we extensively can much growth. under of people, over end only in expand XX% utilization products we promise channels, XXXX. growth deliver, for Always platforms to so by launch brands get I and would I been wanting in own XXXX. growth I’ve improve be room as to with right as expect more existing want I questions. Operator? nationwide see

Instructions] [Operator Martinuzzi Eric you. We’ll go to with Thank Street. first Lake

want and congratulations successful I XXXX. investment with QX Thanks and start for on to XXXX. your

stepped did investment up investment you growth. Could a in on? stepped you that deeper exactly take us about focus talked layer What there? up You

to voice. hear Good your thanks. Eric, Hey,

which up opened focused focused Pretty its us other for could which one significant XXXX, introducing the budget. That ways terrific brand of investment companies. we pharmaceutical looked In of on And little is a find our lot year. we well given mainly a content. has back expanded clinical what investment, up a we ROI bit. within the at reach, So messaging. into doors our And if was had on,

out to as been it will more which for we’ve more pretty all competition sophisticated But I’m too want to comes hard So market it investing technology, of a delivery working much just don’t to it. in information my encouraged clinical and by I into pretty get way. listens this. in the on because talk we the allows

around investing in the We behind also activity of the EHR in are reporting data our our analytics brands market.

I sort the switching issues. and are think those of are are the making three. those operational to cloud-based we’re system other biggest of server then two issues investments some off then system a the operational top But and

at now versus in a if be the sales it now where year? a the headcount I’m you were expect about sales teams, look I ago, What to year versus sales count sorry, to

have touched a a solid XX haven’t year. the someone we anyone in market people companies. say add lot West right really we a We don’t through even So And on top I under now. pharmaceutical Coast. have team. we’ll the would more few of opportunity the There’s the

So there’s would opportunity. year. two time I more people next there’s this say

launch branded? XXXX – Where did And branded you the of And revenue – XXXX? offering Okay. just as versus in then financial I you did the just where as here look at far XXXX. to expect mix do finish go as the course we that over the

because increase there XXXX one had we really so that we those broader as Yes, XXXX don’t partner, messaging. Financial But to lines – and growth saw Xx is of with and – messaging XXXX brand for it suffice it And expect stagnated what XXXX. say, that towards out greater to out also to – returned the from we’re we’re to than platform. not keep brand try messaging to continue. and XXXX we’re it positive from – moving predominantly really revenue we partners breaking a want with they’re messaging in

really So team drive been to I think a helped ROI that late sales word has XXXX, job spectacular out. doing data and the getting XXXX the

not detail – think of break of and get. lot still So suffice budget say, into really out, it a going very there’s the we’re to we’re early to I

last question me. for Okay,

revenue top in growth stepped year about XXXX. have for X% at we potential for the greater a expectations in heading of you kind new year, on into partners Last Historically, up to looking You seasonal than down of bunch XX% XX% ramped here XX%. did line of whole downtick were QX? is step down But, XXXX. about about talk You you kind down a the before X%, Any in QX are you. EHR XXXX?

Xst done pretty We turned terms year feeling job one a in of on. really new things being to really pharma, of has a I’m with – few confident that the and is It’s end changes, Miriam about transitioning January, in of QX. they a from the of charged for right. team programs year did tremendous

than traditionally. think going of see less to I dip we’re a we see So

were to we So people back while were rolling. coming work,

QX. is dip think I but of the any larger really in will don’t I some there kicking But a new seasonality you’re adds anticipate most right. of

questions for luck. Great. good my Okay. answering and Thanks

Thanks, Eric.

[indiscernible] we’ll go Instructions] [Operator next to

Good afternoon, Will.

Jamie. Hey,

to do question you fully When Touchworks. Allscripts? a had Just you for with that and Allscripts you’ll be respect out with anticipate rolled

some as efficient and and it’s as adoption focused team They’ve recent a So great and Touchworks area platforms very job on there’s started have specialized the last that. really where with that they’ve company several – we Allscripts, within is at as a gotten most Allscripts year is the been a one exclusivity. partner the the doing

is think on patients these and going things by this than time, I happening busy physicians a of technology do I functional that thought. to is upgrade. Touchworks. say faster So are care taking But we’re take fully be But the I would QX,

over it Is Allscripts just say for market north with alone of opportunity that is time? to $XX fair million the Optimize

Yes. know the We’ve got with value revenue modernizing mean But that. in like you’ve we now. – aspirational years we we have now I go agreement just there with often And one more EHRs and ago, is like feel numbers. the management potential. two will shared other them. them and more the help we’ve what seen proposition of to recent better and bring Practice didn’t of And leverage the and NextGen. yes, to multiyear do well. can Fusion I medicine But And both acquisition a by country. with EHRs, three they’re absolutely, worked certainly, We’ve And top their a

three that as of an we it I So see the north opportunity top Yes. do have. well partners as with

build difficult the having guidance. bit to say, I’m suffice up model doing of my a to mean little time then, So I

the with to assuming that’s So respect that you conservative numbers I’m provided?

wisdom, Buffet think the so under it, even over Yes, promise I said Warren deliver.

this conservative, So change, to can we there have FDA it’s though, business. better Pharma I can are factors to brands think be risk issues.

You But you far I never be Yes. if want to ahead. more aggressive. a you’re model, could too get think building

you that’s got you of visibility, a correct? just first EHR I’m base, have Okay, quarter? the couple then, numbers if so to your in add plan add those don’t from But you’ve installed to more hit another to

Correct. That’s assumption. good a

just with brands you And did quarter How many to then the Okay. brands. the close with? respect

numbers tell in specific $XXX,XXX. million several doesn’t we’re speak We’re not it added anything. because just it business over one have We XXX, and was to to going anymore could you

So and that, we really within are then down the – a the XXX the XX. over to expand go we’re maintain And top we’ll and customer looking into base. below

just Okay, then on lastly for structure. me the capital and

positive cash quarter, appear at need that do it flow in financing and doesn’t be fair Given higher a for XXXX? respect positive you’re to company it going is the cash growth expect any flow you say with to to you’re to rate, a even to the

a Not – and really investment this team still out building such. is year the we’re an

to So in sorts opportunities year possible at of there’s it’s predict very now but right the all just it’s hard market. this because

cement care additional But XXXX. sort would can our there technology, and/or plan for is position. help or of as if is way quickly we we why in pretty we cash of support know saw that because return reasons get channel which raise anticipate only capital I in to solution the an think, I past, more our current my on expedited the point said I an get an we us opportunity

Great. Thank you.

Jamie. Thanks,

[Operator with next Private to Instructions] We Investor. Ron Chez

afternoon. Good

you? Hey Ron, how are

today? you are How Okay.

I’m good.

day. good a Just

reasonably be for ought good moment, the okay? You to

won’t get too I comfortable.

very to know, mentioned you plans making you the effort in you of go hospital with the do something and here EHRs. some have any hospital – – the Are hospital in systems? are locked That’s not that systems about to important any you as

clients. hospital EPIC ones system are do. Cerner, There’s the hospital here certain Yes, don’t which we our to or to – that to very are. we actually those We relevant difference is we The know they’re go go system.

getting year didn’t have cycle, away chip sales a team, I I XXXX so spend at we’re a long last lot time and more to on of or better because that. a opportunities But to it’s think very we’ll want And as difficult. scale that

growth it’s but effort this So need start to year. we – have already of probably XXXX you more a started

be significant revenue. incremental would significant there penetration Those would – be

They representatives would and they because they’re – can’t get excluded those really clients in real valuable they’re degree. too our high just to

helps yes, doctors what we’re do. revenue our So fits and and relevant trying incremental patients really to clients so to

let’s represent? you you How say Northwestern them. If you how do have you would millions got engaged actively with were many example, got one dollars for of and – many any – idea that

I to No, who and We messaging. at specificity a allocate this willing know clients, just it that with brand to of are it’s our to point financial that solutions pain couldn’t core money our point. go and

said, pharma, pharma Are pharma seeing And from seeing with you’ll increases, as regard you Are the away from budgets so you stay many customers? you to you from brand have. increases messaging. clients in larger

six. last and Absolutely, I million have a year share that we can $X this over two clients have year we’ll

So indication good per brands up that’s of brand, rolls I a It nicely. more manufacturer. think more budget per

that brands happening which more too per And manufacturer.

doesn’t In top we’re so – very some yes. top, some to it cases areas, therapeutic with in our areas, scale. But clients automatically just specific

more you. for One question

about talked brand proprietary messaging. about your is What capability? proprietary You the

Well our it with data has And financial and we built technology a stack it messaging. shared ourselves.

to someone and We year, didn’t and built us are in So not using when way. what ourselves using ability we’re an it clients control it it efficient else’s just – to it. gives launched We actually report the happens back last platform.

expand one – sort revenue? of much an more much How question, for Okay, there Additional how to product of please. of complementary your capabilities is products… effort

our Yes, there. that’s we no, space. can And have have this very really lot of on communicating some piece a because estate, valuable, of a clients point big it’s I see pain real care

medical information doing year. point to this of that care and we’re working lot which enable So we that a are be actively and would product, going on in clinical

they’re in better so call, then spending So I the lot our reporting and with of we’re as enhancing a and analytics, can clients that’s also our biggest mentioned the the of dollars transparency. that understand effort impact

okay. uncomfortable, very stay to Continue job. Good

Thanks, Ron.

Poptech Harvey [Operator L.P. Instructions] go Poppel with to We’ll next

the not rapid really very rapid see growth accelerating that Congratulations, but rates only often. rate. Don’t Will, growth it’s to see gratifying

lot a them because questions few a of already been answered. Just

attack drug market. wondered expect announce You growth do faring coming that. – generic to see your I and much to you from whether initiative did you that’s a the of how

Thanks, cash with voice. savings patients. Harvey. the pretty We company a have Yes, partnership revenue SingleCare, we select your that of. enable generic generate did last for the on does hear Good I’m that. do It’s proud partnership with to partners, year called one

I a think company it’s and a a one – great run and it’s – great into a has it person But great also by proposition. team. it’s it value need, for fits just our an unmet

break anticipate that I from in it XXXX. revenue don’t more out to this – was year. was So with we significant And from number that but it zero

great. That’s

becoming which you And questions company the forth. about be I off that going see tunnel at at But accelerating the with you’ve GAAP this XXXX. out obviously investments end paying been they’ve at see I light positive. the have further least or so in either to we on and flow can in the flow the the cash we fact do growth to far must been assume respect making of there until that? that wait profitable, basis see Just we’re business, and cash to How some continue a that

to can $XX probably do whatever the I and sort cost even But see again, would I there But – so so I I we it’s go of to to to think, a money. reach, we now. many we’re are talked a good you the well growth and just $XX flow opportunities there more breakeven and million steady get $XX Harvey. if get mindful would our cost to year of on we we opportunities with last basis. current by year our million it. more and It’s after with don’t closer to Obviously, is right question, the cash could now, and while million, expect increased worth we are grow just end – of breakeven. plan argue

sort a that’s So how I but answer of feel. two-sided

traded is the at before. that element the think one is level asked the financial and to final I subject trade I’ve stock now, to which It’s situation, of investors, the at strategic the tell do that us liquidity the about the or to XX% the or so and to the disrupting a But putting. that I improve the watching story plans And in potential flipped question, sometime investors in really Okay. and improve splendid. stocks Can or $X.XX ability or the about is is off company what up- right $X.XX XX% a day liquidity listing mean company price day. forth? And you

No. and that. asking so just we’re execution you’ve One, steady each little question easier focused come it in year. a everything when Yes. knows to completely It’s good a seems been on have everyone because else you

from of just is all momentum So the I’ve we is it to I the a - pretty on the it that I makes looking feel M&A can board time that the about still company level do are But know the and got revenue. that’s so like position options an it at great difficult. I and for a more look strategic at those level, critique that lot priority strategic you, one. and agree Two, excited your people that build from really constantly the with the importance of team, OTC. kind like things of

we looking right luxury so numbers, strategy are is is we that - have hitting at everything and your luxury of So there at the looking now. it, the we’re luxury

luck. lot. Okay. Good Thanks a

Thanks, Harvey. support. Appreciate the

[Operator to with Instructions] Harrell We’ll OptimizeRx. next David go

on Congrats Will. great a quarter. Hi,

Hey, David.

things iron Novartis of valuable which they fantastic an is the and OptimizeRx space. they that EHR that. good really most their and imagine recognizing acquiring that across was interesting at looking billion flat it’s $X [indiscernible] quoted gave found on I spent to was platform, it customers, EHR found that see them I XXX that But that really almost a is to EHR one not but which it the an X a only pharma’s to opportunity do reach in would our ability fact

that? And you us. we so comments continue looking whether company, eyeballs to imagine its I marketing on would pharma some that would communications have Do be grow at or a as any

interesting Dave, right it’s incredibly this Yes, interesting now. space is

Clearly, execution. was a bold that use the they and to accelerate trial design move. to that recruitment ability see platform So clinical and pretty

I think others have invested in space. this

putting see You medicine. EHR into modernizing space Pincus the and people like money Warburg

starting other assets to from acquire Practice see Allscripts You some Fusion. McKesson and

think You’ve the and level. I sort seen dollars feel What I good a real in me mix. And VC a business makes at lot the nice at that’s right two and table. made progress we’re getting of years, look some of a strategic, is growing back I and investment we’ve think we’re the startup if seat

was I that. excited very about yes, So

our now this time, like proceed. session. I Sir, to over this turn concludes back Febbo. to the question-and-answer Mr. please call At would

up Vicki. with point Thanks, care. additional measures, messaging wrap this it’s And just over couple of emerging enjoying a of health billion. huge worth at Clearly, $X marketplace the opportunity by we’re most in digital comments. We’ll

best very position. advantage. competitive together really and of relationships I advantage about work with reach extensive enough say along transparency, our I’m outcomes on to Our customer moreover, return have of true our and strong vast solutions But who breadth and us assistance. network in embedded team. dominant well patients the thousands the And the pharmaceutical adherence of products we to this build are physicians, provide thankful. our the The current workflow a a gain therefore, now brands investment. the offer our network, receive and EHRs believe better a beneficiary increasingly accuracy substantial companies, we of being healthcare with can’t all major on compliance, improve. financial I and through They team

Thanks, Bye-bye. please on look to out to you call a progress. give in free reach I with at to always And reporting talking anytime. I’ll me So the of that, see [ph]. our many Ross everyone. Meanwhile, out forward you feel future.

speak messaging now anticipate, conclude to forward-looking by statements, company’s Act will statements regarding cautions cloud improvements provide in ROI made within messages the distribution based EHR during of presentation, identify estimation Statements top publicly date the section XXe operating in otherwise. be in of call. expectations includes quarters, Securities that the as line total call, only to expect, information, or available statement The events includes investment of Safe contain forward-looking make before sales may to percentage it’s growth, cost statements obligation the you, because continue update clients, no and whether to Examples The not seeking such as Securities Thank Section made Harbor forward-looking would words this a today’s to they further of expressions forward-looking I company’s like and of of an amended important to the company’s increase, These support statements growth company’s in will XXa call statements statements continue margins any statement decrease, and help should potential by or will increase, similar that Act future will as financial regarding XXXX undertakes the today’s brand XXXX of decision. the definition to new used percentage estimate, the revenue to forward-looking forward-looking in during we of today’s continue possible future management company and and market. of of continued XXXX the data the made. channels expense revise adoption statements was amended. encourage

company’s predicted risks by, the differ could be those the the and some Form form SEC.gov. forward-looking business underlying ended in subject or of and cannot XX-K Future uncertainties on and Risks annual statements. actual statements website subject forth report is company’s the events from This which Forward-looking for at results forward-looking and are our financial uncertainties, quantified. on which are results set fiscal XXXX. XX, and website to the or included statements in contemplated could December and inherently year available to materially affect on SEC are

end remind instructions everyone replay March today. press dial-in call. would starting refer release XX. evening us Please at later today’s to today’s this call you for be for I available concludes this optimizerx.com. like to will conference conference, joining Thank replay available company’s This through that we for the today’s Before via website

You may now disconnect.