In addition to being wins in their own right, we also displaced competitive imaging products with Merge solutions at the combination of more than 40 hospitals and health systems across the country. The quarter saw four seven figure deals, including three cardiology and one major radiology PACS

We won a system-wide cardiology contract with one of the nation’s leading health systems, comprising a 1,000 integrated care sites and more than 7,000 beds. As a result of the transaction structure however, we do not record any revenue on this contract in the first quarter of 2015. We expect to recognize revenue for this multi-million dollar transaction ratably over multiple years.

We also secured an additional seven figure cardiology contract with eight hospitals faith-based non-profit hospital group. This transaction also resulted in zero revenue in the quarter. However, we expect the majority of the revenue from this transaction to be recorded in the second half of 2015. In addition, we continue to expand our footprint in the radiology PACS market as health systems allocate funds to upgrades and system replacements.

D.R. Systems had only one month of revenue contribution to the Healthcare segment and $2.6 million of the total $2.8 million was maintenance.

they have been fairly constant the last three to four years at roughly about $40 million of revenue and $10 million of margin off of that, as you bring it down the line.

We recorded an $18.4 million non-cash income tax benefit related to the release of total Merge tax asset valuation allowances based on corresponding tax liabilities established in the acquisition, primarily from future tax rates associated with intangible assets acquired. By immediately unlocking this value and the consolidated Merge tax structure, it’s like saying the cost of D. R. Systems was closer to $52 million versus the net purchase price of $70 million. Said differently, the accretive nature of the transaction has risen significantly from the last time we discussed.