- New sales increase Canadian user base by 130 healthcare providers -
MARKHAM, ON, June 11 /CNW/ - Nightingale Informatix Corporation ("Nightingale" or the "Company") (TSX-V: NGH), a healthcare application service provider (ASP) of Electronic Medical Record (EMR) and practice management solutions, today announced five agreements, totaling approximately $850,000 in aggregate, to provide its EMR and practice management solutions to Alberta's Integrative Medical Institute of Canada Health Centres (IMI), a health care region in Saskatchewan and three regional Ontario Family Health Teams (FHT).
"These agreements build on our growing presence in the Ontario and Alberta markets and serve to reinforce our leadership position in the Canadian EMR market," said Sam Chebib, President and CEO of Nightingale. "We are particularly pleased to announce our first region-wide implementation in Saskatchewan, and look forward to expanding our footprint throughout that province. Going forward, we will work to further increase our healthcare user base in Canada, and will leverage the broad client base acquired in the recent purchase of VantageMed to roll out our EMR solutions in the U.S. and replicate our success in the Canadian market."
IMI Health Centres
IMI Health Centres are non-profit integrative medicine education and research facilities that use a combination of conventional and alternative medical approaches to patient care. Under the terms of the agreement, Nightingale will license its healthcare software applications to IMI for its Calgary-based clinic, and will provide associated support, training and implementation services. Implementation is expected to be completed in the summer of 2007.
Saskatchewan Health Region
Saskatchewan has undertaken the initiative of leveraging technology tools to enhance the quality and efficiency of healthcare services province-wide. Under the terms of this contract, Nightingale will license its healthcare software applications to a provincial healthcare region, and will provide associated support, training and implementation services.
Peterborough Ontario Family Health Team
The Peterborough FHT consists of 20 physicians and 14 Allied health providers. Under the terms of the agreement, Nightingale will license its healthcare software applications to 11 FHT clinics in Peterborough, and will provide associated support, training and implementation services. Implementation is expected to be completed by September 2007.
Peninsula Ontario Family Health Team
The Peninsula FHT consists of two sites with seven healthcare practitioners. Under the terms of the agreement, Nightingale will license its healthcare software applications and will provide associated support, training and implementation services. Implementation is expected to be completed by August 2007.
Nightingale will also deploy an interoperability component, creating a direct interface between the two clinics' EMR systems and the lab and diagnostic imaging systems at the seven hospitals in the Grey Bruce Health Services network. Similar to what Nightingale has previously deployed in Nova Scotia and other areas, this functionality enables the hospital to directly transmit lab results and diagnostic images electronically to Peninsula's healthcare practitioners, facilitating the timely transfer of data and the elimination of paper flow.
Canes Ontario Family Health Team
The Canes FHT consists of two sites with more than 12 healthcare practitioners. Under the terms of the agreement, Nightingale will license its healthcare software applications and will provide associated support, training and implementation services. Implementation at the first site is expected to be completed in August 2007. The second site is scheduled to launch in the fall and will go live at that time.
"The Canes FHT completed a very thorough review of EMR vendors and when we short-listed the companies against our selection criteria, Nightingale rose to the top," said Gord Gunning, Executive Director of Canes FHT. "We involved our Lead Physician, a Nurse Consultant and our e-Health Specialist in the process, and we were all impressed by how comprehensive the software is and how easy it is to use. A key factor in our selection process was our site visits to Dr. Michelle Griever's clinic in North York to see first-hand how Nightingale's EMR software has transformed her busy practice. We look forward to the implementation of the software, and believe that it will set us on the right path to enhance our level of patient care and improve the communication and operational efficiency amongst our practitioners."
Nightingale Informatix Corporation is one of North America's fastest growing healthcare application service providers (ASP) for outpatient clinics. Nightingale's Internet-based Electronic Health Record (EHR), Electronic Medical Record (EMR) and practice management solutions are designed to help physicians, clinics, hospitals and other healthcare organizations more efficiently manage their operations and patient records.
Nightingale's products and services offer physicians in United States and Canada leading-edge functionality for clinical documentation, patient scheduling, resource scheduling, billing, transcription, end-to-end coding and claims processing, data management, work flow tools, laboratory interfaces, documentation management and patient portals, along with other real-time services. The company's proprietary offerings of software include Nightingale On-Demand, Entity and Physician WorkStation, providing physicians with a fully integrated, simple-to-use system that automates daily tasks and creates a single, accessible source of patient data.
Forward Looking Statement
This press release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may","could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Nightingale to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the offering and the acquisition not being completed on favourable terms, or all, speculative nature of the medical software industry, which is affected by numerous factors beyond Nightingale's control; the ability of Nightingale to successfully integrate its acquisitions and any liabilities arising as a result of such acquisitions; the existence of present and possible future government regulation; the significant and increasing competition that exists in the medical software industry; the early stage of Nightingale's business; and therefore it is subject to the risks associated with early stage companies, including uncertainty of revenues, markets and profitability and the need to raise additional funding.
Although Nightingale has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Nightingale does not undertake to update any forward-looking statements that are incorporated by reference herein, except in accordance with applicable securities laws. Further information on Nightingale Informatix Corporation is available at www.sedar.com.
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