MedcomSoft Record Receives No. 1 Ranking in the Ambulatory EMR 1-5 Physicians Category in KLAS' 2007 Mid-Year Report Card
Atlanta, GA, June 23, 2007 --(PR.com)-- MedcomSoft Inc. (TSX-MSF), a provider of the next generation of interoperable electronic health records (EHR), announced today that it was ranked first overall in the Ambulatory EMR 1-5 Physicians category in KLAS’ 2007 Mid-Year Report.
KLAS independently monitors vendor performance through the active participation of thousands of healthcare organizations. Providers use these ratings to help them make the best possible purchasing and negotiating decisions. KLAS uses a stringent methodology to ensure all data and ratings are accurate, honest and impartial. Companies that participate in the KLAS survey must have a participating client base large enough to produce statistically significant results.
“We are pleased that our customers' satisfaction with MedcomSoft's products and services has resulted in our top ranking in the KLAS 1-5 Physicians category," stated Dr. Sami Aita, the Chairman and CEO of MedcomSoft. “This result is a testament to the hard work of our employees and is further evidence that the Company is truly a customer centric organization.”
The “Top 20: KLAS Mid-Year Report Card” examines several key facets of customer-vendor relationships including service, implementation, upgrades, contracting and sales. KLAS highlights for MedcomSoft Record include:
• MedcomSoft Record received a 96 percent ranking among respondents in the 1-5 Physicians category when asked if they would purchase the product again. MedcomSoft Record also received a 96 percent ranking in the same category when asked if clients would recommend the product to a friend or peer.
• MedcomSoft Record showed the biggest improvement in scores in the 1 - 5 Physicians category from the 2006 “Best in KLAS” Year-End report.
• MedcomSoft was ranked the highest amongst all category vendors with respect to its commitment to technology.
About KLAS Enterprise
Founded in 1996, KLAS is the only research and consulting firm specializing in monitoring and reporting the performance of healthcare information technology (HIT) vendors and products. KLAS strives to improve HIT delivery by independently measuring vendor performance for the benefit of consultants, investors, vendors, and healthcare provider partners. KLAS, in concert with thousands of healthcare executives and professionals, has created a dynamic database of HIT evaluations and opinions of healthcare executives, managers, and clinicians from over 4500 hospitals and 3,000 clinics are represented in the reports, 200+ software vendors, 700+ software products and 35 service firms. The Top 20 Report reflects the summary of HIT product performance data collected over a 13-month period. For further information, contact KLAS Enterprises, LLC at 801-226-5120 or on the Web at www.healthcomputing.com.
About MedcomSoft Inc. Founded in 1994, MedcomSoft Inc. develops cutting edge software solutions for the healthcare industry, including its fully integrated Electronic Health Record (EHR) and practice management solution, MedcomSoft® Record. MedcomSoft has pioneered the use of numerically codified point-of-care clinical terminologies to create a new generation of highly interoperable EHRs. By enabling the collection, exchange and aggregation of numerically codified clinical information, MedcomSoft® Record will significantly enhance disease surveillance and accelerate clinical research. MedcomSoft has proven its technology in both small and large installations and is the Preferred Vendor for ABC (the Association of Black Cardiologists with 450 US members), IPN (the Independent Physicians Network of Milwaukee with over 1,100 members), and other organizations. The Company has achieved strong growth in license sales year over year while MedcomSoft Record 2006 placed first in KLAS’ Ambulatory EMR 1-5 Physicians Category 2007 Mid-Year Report, and has received a 5-STAR rating from the AC Group, Inc. Contact Information: Paul Davis, Chief Operating Officer, MedcomSoft Inc. Phone: (416) 443-8788 Fax: (416) 443-9693, www.medcomsoft.com
This news release contains forward-looking statements regarding MedcomSoft’s expectations and beliefs with respect to future events and/or financial performance. These forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual events or results to differ materially from those expressed or implied in such forwardlooking statements. Such factors and risks include, but are not limited to, market conditions, competition including price and product functionality; economic environment; and the ability to develop and deliver new products in a timely manner. The reader is referred to the documents that the Company files from time to time with applicable Canadian securities and regulatory authorities for a discussion on certain risks and uncertainties that could cause actual results to differ from those projected, anticipated or implied. MedcomSoft does not undertake to update forward-looking statements.
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KLAS independently monitors vendor performance through the active participation of thousands of healthcare organizations. Providers use these ratings to help them make the best possible purchasing and negotiating decisions. KLAS uses a stringent methodology to ensure all data and ratings are accurate, honest and impartial. Companies that participate in the KLAS survey must have a participating client base large enough to produce statistically significant results.
“We are pleased that our customers' satisfaction with MedcomSoft's products and services has resulted in our top ranking in the KLAS 1-5 Physicians category," stated Dr. Sami Aita, the Chairman and CEO of MedcomSoft. “This result is a testament to the hard work of our employees and is further evidence that the Company is truly a customer centric organization.”
The “Top 20: KLAS Mid-Year Report Card” examines several key facets of customer-vendor relationships including service, implementation, upgrades, contracting and sales. KLAS highlights for MedcomSoft Record include:
• MedcomSoft Record received a 96 percent ranking among respondents in the 1-5 Physicians category when asked if they would purchase the product again. MedcomSoft Record also received a 96 percent ranking in the same category when asked if clients would recommend the product to a friend or peer.
• MedcomSoft Record showed the biggest improvement in scores in the 1 - 5 Physicians category from the 2006 “Best in KLAS” Year-End report.
• MedcomSoft was ranked the highest amongst all category vendors with respect to its commitment to technology.
About KLAS Enterprise
Founded in 1996, KLAS is the only research and consulting firm specializing in monitoring and reporting the performance of healthcare information technology (HIT) vendors and products. KLAS strives to improve HIT delivery by independently measuring vendor performance for the benefit of consultants, investors, vendors, and healthcare provider partners. KLAS, in concert with thousands of healthcare executives and professionals, has created a dynamic database of HIT evaluations and opinions of healthcare executives, managers, and clinicians from over 4500 hospitals and 3,000 clinics are represented in the reports, 200+ software vendors, 700+ software products and 35 service firms. The Top 20 Report reflects the summary of HIT product performance data collected over a 13-month period. For further information, contact KLAS Enterprises, LLC at 801-226-5120 or on the Web at www.healthcomputing.com.
About MedcomSoft Inc. Founded in 1994, MedcomSoft Inc. develops cutting edge software solutions for the healthcare industry, including its fully integrated Electronic Health Record (EHR) and practice management solution, MedcomSoft® Record. MedcomSoft has pioneered the use of numerically codified point-of-care clinical terminologies to create a new generation of highly interoperable EHRs. By enabling the collection, exchange and aggregation of numerically codified clinical information, MedcomSoft® Record will significantly enhance disease surveillance and accelerate clinical research. MedcomSoft has proven its technology in both small and large installations and is the Preferred Vendor for ABC (the Association of Black Cardiologists with 450 US members), IPN (the Independent Physicians Network of Milwaukee with over 1,100 members), and other organizations. The Company has achieved strong growth in license sales year over year while MedcomSoft Record 2006 placed first in KLAS’ Ambulatory EMR 1-5 Physicians Category 2007 Mid-Year Report, and has received a 5-STAR rating from the AC Group, Inc. Contact Information: Paul Davis, Chief Operating Officer, MedcomSoft Inc. Phone: (416) 443-8788 Fax: (416) 443-9693, www.medcomsoft.com
This news release contains forward-looking statements regarding MedcomSoft’s expectations and beliefs with respect to future events and/or financial performance. These forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual events or results to differ materially from those expressed or implied in such forwardlooking statements. Such factors and risks include, but are not limited to, market conditions, competition including price and product functionality; economic environment; and the ability to develop and deliver new products in a timely manner. The reader is referred to the documents that the Company files from time to time with applicable Canadian securities and regulatory authorities for a discussion on certain risks and uncertainties that could cause actual results to differ from those projected, anticipated or implied. MedcomSoft does not undertake to update forward-looking statements.
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MedcomSoft Inc.
Paul Davis
416-443-8788
www.medcomsoft.com
Paul Davis
416-443-8788
www.medcomsoft.com
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