Boston, MA - October 22, 2003 - MedAptus, a leading provider of point-of-care solutions for physicians, today announced the completion of another strong sales quarter of its award winning, health care software.
"We have continued to build on the momentum from the first two quarters of the year and have added another 14 accounts to our continually growing list of clients, while at the same time increasing our pipeline by more than 100%" commented Tom Kuegler, Vice President of Sales, Marketing and Business Development for MedAptus.
The second quarter brought in a new group of customers, including Team Health (headquartered in Knoxville, Tennessee). Team Health is the leading provider of hospital-based, physician services in the United States, serving more than 450 hospital clients and over 3,000 physicians. "After examining a variety of technologies we chose the best of breed solution," said Ernest Varvoutis, Vice President of Corporate Development of Team Health. "With MedAptus, we will greatly expedite our charge capture process and experience enhanced physician coding compliance efforts."
Also signing in the third quarter was AMSURG (headquartered in Nashville, Tennessee), the nation's leader in the development, acquisition and operation of single specialty surgery centers. AMSURG was recently ranked by Fortune as the 39th fastest growing company in the United States.
"We will strive to continue the trend that we have seen in the first three quarters, with record setting sales and adoption of our solutions for the remainder of 2003," said Bryan Dieter, MedAptus' President and CEO. "Client Services is now well positioned to keep up with sales."
About MedAptus Corporation
MedAptus, Inc. is a healthcare information technology company providing point-of-care solutions for physicians. MedAptus provides clinicians with a comprehensive suite of workflow and revenue enhancing solutions including patient management, charge capture, dictation and clinical content. MedAptus' flagship application, Charges In Hand™, allows physicians to document professional charges at the point-of-care. The use of Charges In Hand™ increases efficiency, reduces the lag time between professional services and claim submission and improves compliance with billing regulations. Additional clinical solutions are under development to augment the suite and create a unified mobile and web-based offering. MedAptus can be reached via www.MedAptus.com or email to info@medaptus.com or by calling 617-896-4000.