About Webmd Health Corp.
House calls are a browser click away thanks to this online doctor. WebMD Health Corp. is a leading Web publisher of health information for consumers and health care professionals. Its WebMD.com portal gives consumers information on common health ailments, as well as articles and features on staying healthy through diet and exercise. WebMD's
Operations
WebMD generates the lion's share of its revenue through its Public Portal Advertising and Sponsorship segment, which includes online advertising, marketing sponsorships, and licensing fees earned from The WebMD Health Network websites. Beyond digital media, the Public Portal Advertising and Sponsorship segment publishes
WebMD the Magazine
, which is distributed free of charge to physicians' office waiting rooms. The company's remaining revenues come from its Private Portals segment, which produces custom versions of its content for corporations (
Financial Performance
WebMD reported revenue of about $580 million for fiscal 2014. That was an increase of 13% compared to the prior fiscal period. The company's net income was $42 million in fiscal 2014, which was an increase of 178% compared to fiscal 2013. WebMD's cash on hand remained strong during fiscal 2014 as the company reported having $113 million in cash from operating activities.
Strategy
The company faces challenges in the face of generic competition; pharmaceutical and biotechnology companies are spending less on drug promotion and education.
395 HUDSON ST FL 3
New York, NY 10014-7455
Phone: 1 (212) 624-3700
Employer Type: Publicly Owned
EVP and CFO: Peter Anevski
Chairman: Martin J. Wygod
CEO: Steven L. Zatz
Employees (This Location): 75
Employees (All Locations): 1,740
New York, NY
Tampa, FL
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