PatientKeeper Mobile Solutions to Offer Medquist Medical Dictation and Transcription Capability
Doctors Gain Workflow Advantage as a Result of PatientKeeper's Newest Strategic Partnership
Boston, MA. - February 18, 2003 - PatientKeeper, a leading provider of mobile computing solutions that improve patient care and curb rising costs, today announced an agreement with MedQuist (NASDAQ:MEDQ), a leading provider of health information and document management services, to extend MedQuist's medical transcription capability to PatientKeeper mobile solutions. Representing a customer base of over 50 percent of the nation's hospitals, MedQuist's extension of their transcription offerings will deliver high demand functionality to PatientKeeper's hospital and health system customers.
The partnership was cited by both companies as strategically advantageous, extending product functionality for MedQuist and market reach for PatientKeeper. Paul W. Brient, president and chief executive of PatientKeeper, commented on the integral role that, "medical dictation and transcription have in a clinician's daily workflow. In addition to PatientKeeper's mobile applications that address rising costs and patient safety, we've elected to offer our customers best-of-breed functionality options that will save them time and enhance workflow. MedQuist's transcription offering is an example," Brient continued.
The dictation and transcription capabilities highlighted above were unveiled recently at the HIMSS annual conference and exhibition in San Diego where hundreds of mobile enthusiasts previewed the ease and convenience of dictation and transcription through PatientKeeper handhelds. MedQuist joins some of healthcare's most respected technology companies who have successfully partnered with PatientKeeper including IBM, Cerner Corporation, and Thomson MICROMEDEX.
About PatientKeeper
PatientKeeper®, Inc. provides healthcare professionals with mobile computing solutions that deliver clinical and financial benefits. The PatientKeeper Platform™ easily integrates with existing information systems. PatientKeeper and its partners have created a portfolio of applications that allow doctors to interactively manage patient information, view clinical results, enter charges, dictate notes, write prescriptions, and more. For more information, visit www.patientkeeper.com or call 617-987-0300.
About MedQuist
MedQuist is a leading provider of electronic medical transcription, health information and document management services. MedQuist provides document workflow management, digital dictation, speech recognition, mobile dictation devices, Web-based transcription, electronic signature, medical coding products and outsourcing services. MedQuist is a member of the Philips Group of Companies. MedQuistInc., a member of the Philips Group of Companies, is the leading provider of healthinformation and document management services. Integrating MedQuist'stranscription expertise with best-of-breed technology from subsidiary companieslike Lanier Healthcare, DVI and Speech Machines, we provide document workflowmanagement, digital dictation, speech recognition, mobile dictation devices,electronic transcription, medical coding and electronic signature. Our approachemphasizes customer service, proven technology, yielding cost effective results.
Safe Harbor Statement
Other than historical information set forth herein, this press release contains forward-looking statements, which involve risks and uncertainties. The Company's actual results may differ materially from those anticipated or implied in any such forward-looking statements as a result of various risks, including, without limitation, rapidly changing technology; inability to manage and maintain growth; inability to penetrate new markets; inability to make and successfully integrate acquisitions and transition our business strategy; decreased demand for existing products; lack of a market for new products; and failure to successfully negotiate agreements to take advantage of the opportunities facing MedQuist to broaden its service offering. Additional risks associated with the Company's business can be found in its December 31, 2002 Annual Report on Form 10-K and its other periodic filings with the SEC.
Contact
Stephen S. Hau
PatientKeeper
(617) 987-0304
E-mail