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	<title>iTelemedicine</title>
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	<description>Telemedicine News, Events &#38; Industry Resources &#124; iTelemedicine</description>
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		<title>HealthStream Acquires Morrisey Associates</title>
		<link>http://itelemedicine.com/news/healthstream-acquires-morrisey-associates/</link>
				<comments>http://itelemedicine.com/news/healthstream-acquires-morrisey-associates/#respond</comments>
				<pubDate>Mon, 08 Aug 2016 15:19:08 +0000</pubDate>
		<dc:creator><![CDATA[Mark Cole]]></dc:creator>
		
		<guid isPermaLink="false">http://itelemedicine.com/?post_type=news&#038;p=5121</guid>
				<description><![CDATA[HealthStream, Inc. announced that it has acquired Morrisey Associates, Inc., HealthStream's Provider Solutions segment gains a wide array of market leading products for credentialing and privileging healthcare professionals, adding to its Echo line of solutions. HealthStream's innovative approach to talent management supports healthcare organizations' needs to manage their workforce along multiple dimensions, including the management of their qualifications and competencies. The acquisition of Morrisey Associates further enables HealthStream to provide an expanded solution set for both of these needs.]]></description>
								<content:encoded><![CDATA[<p><em>NASHVILLE, TN. &#8211; August 08, 2016 &#8211; </em>HealthStream, Inc. (NASDAQ: HSTM), a leading provider of workforce development, patient experience, and provider solutions for the healthcare industry, today announced that it has acquired Morrisey Associates, Inc., a Chicago-based subsidiary of Morrisey Holdings, Inc. Through this transaction, HealthStream&#8217;s Provider Solutions segment gains a wide array of market leading products for credentialing and privileging healthcare professionals, adding to its Echo line of solutions. HealthStream&#8217;s innovative approach to talent management supports healthcare organizations&#8217; needs to manage their workforce along multiple dimensions, including the management of their qualifications and competencies. The acquisition of Morrisey Associates further enables HealthStream to provide an expanded solution set for both of these needs.</p>
<p>&#8220;Ensuring that you have qualified healthcare providers is the first step for all healthcare organizations in delivering quality care to patients—and that&#8217;s why we are committed to offering the best provider solutions in the healthcare industry,&#8221; said Robert A. Frist, Jr., chief executive officer, HealthStream. &#8220;With the acquisition of Morrisey Associates, HealthStream gains an expanded source of market leading credentialing and privileging solutions, delivering important synergies for innovation in this key area of healthcare organizations&#8217; workforce requirements.&#8221;</p>
<p>Hospitals are responsible for ensuring the highest quality of care possible for patients and, therefore, credentialing is mandatory. Credentialing is the process by which hospitals evaluate and verify the qualifications of their healthcare providers to ensure that each practitioner possesses the necessary qualifications to provide medical services to patients. Once a practitioner is credentialed, the hospital will assess his/her competencies in a specific area of patient care through a process known as privileging. The Joint Commission requires ongoing, periodic assessments of practitioners&#8217; competencies and performance for maintaining accreditation. The acquisition of Morrisey Associates adds to our products that support every step in these processes.</p>
<p>MSO for the Web<img src="https://s.w.org/images/core/emoji/11.2.0/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> (MSOW), Morrisey Associates&#8217; Web-based provider credentialing software, streamlines the entire credentialing process, from onboarding through reappointment, by eliminating paper-based, manual administrative tasks. It automates online applications, primary source verifications, contract and network management, credentialing packet reviews, and peer reviews. Also, Morrisey Associates&#8217; Privilege Content and Criteria Builder<img src="https://s.w.org/images/core/emoji/11.2.0/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> (PCCB) helps healthcare organizations verify that clinical practitioners are qualified to perform specific procedures using a robust criteria-based system. Morrisey Associates offers a comprehensive, vetted library of delineated privileges for more than 100 adult and pediatric specialties, encompassing physicians, advanced practice allied health professionals, and non-physician specialties. Hospitals also receive a list of stand-alone privileges and procedures that may be available for one or more specialties.</p>
<p>As president of HealthStream&#8217;s provider solutions business, Michael Sousa will assume executive leadership of Morrisey Associates, a HealthStream Company. &#8220;I look forward to welcoming Morrisey Associates&#8217; customers and employees to HealthStream,&#8221; said Michael Sousa. &#8220;We are excited that our portfolio of provider solutions now includes MSOW, PCCB, and the experienced consulting team from Morrisey Associates. We believe that the expertise, resources, and capabilities of HealthStream, Echo, and now Morrisey Associates will combine to deliver innovation that yields the most advanced platform, proprietary content, and validated data to accelerate and optimize medical staff credentialing and privileging for hospitals.&#8221;</p>
<p>&#8220;As the founder of Morrisey Associates, I have always been committed to providing superior products and services to help our customers deliver excellent patient care,&#8221; said Jerry Zoldan, chief executive officer, Morrisey Associates. &#8220;As the industry continues to change and we sought a strategic partner to further our goals, HealthStream was a perfect fit. We are both focused on providing exceptional credentialing and privileging solutions and everyone at Morrisey Associates is excited by the opportunities that this transaction brings to our customers and employees.&#8221;</p>
<p>For the year ended December 31, 2015, Morrisey Associates reported $12.8 million in revenues. Operating income for the same period was approximately $4.4 million and the 2015 operating results included approximately $180,000 in depreciation and amortization expense.</p>
<p>Terms of the Transaction: HealthStream, through its wholly-owned subsidiary, Echo, Inc., acquired Morrisey Associates, Inc. for approximately $48.0 million in cash.</p>
<p>Updated Financial Outlook for 2016: The Company is updating its guidance for the full-year 2016 to reflect the projected financial impact from the acquisition of Morrisey Associates. The Company expects Morrisey Associates to add approximately $2.0 million to $2.5 million to consolidated revenues for the remainder of 2016 after taking into account the anticipated deferred revenue write-down noted below. Consolidated HealthStream revenues are now expected to increase between 9 percent and 12 percent over full-year 2015.</p>
<p>Generally accepted accounting principles (GAAP) require companies to write down beginning balances of acquired deferred revenue as part of &#8220;fair value&#8221; accounting as defined by GAAP and the revenue, operating income, and net income of the acquired Morrisey Associates business and HealthStream in 2016 will be adversely impacted by this accounting requirement.</p>
<p>The Company now expects that consolidated operating income will decrease between 10 percent and 15 percent over full-year 2015 results, after taking into account the anticipated deferred revenue write-down in connection with this acquisition. In the third quarter, HealthStream also has incurred approximately $1 million in transaction costs for advisory services related to the Morrisey Associates transaction. In addition to the deferred revenue write-down, which also impacts operating income, and the transaction costs noted above, the Company will incur transition and post-closing integration costs and amortization of intangible assets recorded as part of the transaction. All of these costs are also included in the estimates of the year-over-year decrease in operating income.</p>
<p>Morrisey Associates&#8217; results will be reported as part of HealthStream&#8217;s Provider Solutions segment.</p>
<p><strong>About HealthStream</strong><br />
HealthStream (NASDAQ: HSTM) is dedicated to improving patient outcomes through the development of healthcare organizations&#8217; greatest asset: their people. Our unified suite of solutions is contracted by, collectively, over 4.5 million healthcare employees in the U.S. for workforce development, training &amp; learning management, talent management, performance assessment, and managing simulation-based education programs. Our research solutions provide valuable insight to healthcare providers to meet HCAHPS requirements, improve the patient experience, engage their workforce, and enhance physician alignment. Our provider solutions offer healthcare providers innovative tools to support healthcare organizations in appropriately credentialing and privileging their workforce. Based in Nashville, Tennessee, HealthStream has additional offices in Laurel, Maryland; Brentwood, Tennessee; Pensacola, Florida; Jericho, New York; Boulder; Colorado; and San Diego, California. For more information, visit http://www.healthstream.com or call 800-933-9293.</p>
<p><em>This press release includes certain forward-looking statements (statements other than solely with respect to historical fact), including statements regarding expectations for the financial performance of HealthStream and the acquired Morrisey Associates business for 2016, and statements regarding the expected performance of the acquired Morrisey Associates business and the potential benefits of such acquisition to HealthStream, that involve risks and uncertainties regarding HealthStream. These statements are based on management&#8217;s beliefs, as well as assumptions made by and data currently available to management. This information has been, or in the future may be, included in reliance on the &#8220;safe harbor&#8221; provisions of the Private Securities Litigation Reform Act of 1995. The Company cautions that forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements to be materially different from future results, performance, or achievements expressed or implied by the forward-looking statements, including, without limitation, as the result of risks referenced in the Company&#8217;s Annual Report on Form 10-K and in the Company&#8217;s other filings with the Securities and Exchange Commission. Consequently, such forward-looking information should not be regarded as a representation or warranty or statement by the Company that such projections will be realized. Many of the factors that will determine the Company&#8217;s future results are beyond the ability of the Company to control or predict. Readers should not place undue reliance on forward-looking statements, which reflect management&#8217;s views only as of the date hereof. The Company undertakes no obligation to update or revise any such forward-looking statements.</em></p>
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		<title>World Medical Robotics and Computer &#8211; Assisted Surgery Market Is Expected to Reach $20.5 Billion by 2022</title>
		<link>http://itelemedicine.com/news/medical-robotics/</link>
				<comments>http://itelemedicine.com/news/medical-robotics/#respond</comments>
				<pubDate>Wed, 03 Aug 2016 17:34:22 +0000</pubDate>
		<dc:creator><![CDATA[Mark Cole]]></dc:creator>
		
		<guid isPermaLink="false">http://itelemedicine.com/?post_type=news&#038;p=5118</guid>
				<description><![CDATA[A new report published by Allied Market Research titled, World Medical Robotics and Computer-Assisted Surgery Market, projects that the world medical robotics and computer-assisted surgery market would reach $20.5 billion by 2022. The surgical robotics segment was the highest revenue-generating segment, accounting for nearly half of the market share in 2015, and is expected to maintain its dominance throughout the forecast period.]]></description>
								<content:encoded><![CDATA[<p>A new report published by Allied Market Research titled, World Medical Robotics and Computer-Assisted Surgery Market, projects that the world medical robotics and computer-assisted surgery market would reach $20.5 billion by 2022. The surgical robotics segment was the highest revenue-generating segment, accounting for nearly half of the market share in 2015, and is expected to maintain its dominance throughout the forecast period.</p>
<p>The major factors boosting the market growth include a shifting trend from conventional surgery to advanced robotic surgery, growing adoption of robotics prosthetic &amp; exoskeleton for rehabilitation therapeutics, and rising incidence of cancers and other critical disorders. In addition, rising emphasis on hospital &amp; pharmacy automation and presence of high unmet medical needs in developing and underdeveloped economies are anticipated to drive the demand for medical robotics and computer-assisted surgical systems. Moreover, in order to minimize human errors during drug handling &amp; medicine dispensing and reduce hospital maintenance cost &amp; faculty time, large-scale hospitals and pharmacies are now adopting automated or robotic solutions. However, the high cost associated with such medical robotics and robotic surgical procedures is the major factor restraining the market growth.</p>
<p>The rehabilitation robotics and hospital &amp; pharmacy robotics segments collectively accounted for around one-third of the market share in 2015, and is projected to maintain dominance throughout the forecast period. The growth of this market was majorly attributed to the shifting trends from wheelchair to robotic rehabilitation therapy, growing focus on hospital infrastructure improvisation, and increasing healthcare expenditure. Likewise, the use of hospital and pharmacy robotics have led to cost-cutting in hospital expenditure and reduction in cases of hospital-acquired infection, which further supplements the adoption of hospital and pharmacy automation robots.</p>
<p>Read more details of the report at: https://www.alliedmarketresearch.com/medical-robotics-surgery-market</p>
<p><strong>Key Findings</strong></p>
<ul>
<li>The rehabilitation robotics market is projected to register the highest CAGR of 20.8% during the forecast period.</li>
<li>In surgical robotics, the accessories segment is expected to maintain its market foothold.</li>
<li>In 2015, prosthetics was the highest revenue-generating segment, whereas exoskeleton is projected to be the fastest growing segment in the rehabilitation robotics market during the forecast period.</li>
<li>The medication-dispensing robotics segment generated the highest revenue, which accounted for over half of the hospital and pharmacy robotics market share in 2015.</li>
<li>In 2015, gynecology and urology surgery segments collectively accounted for about half of the surgical robotics market.</li>
<li>Asia-Pacific is likely to be the fastest growing market, growing at a CAGR of 16.5% from 2015 to 2022.</li>
<li>In 2015, North America and Europe collectively accounted for around three-fourths of the world medical robotics and computer-assisted surgery market revenue.</li>
</ul>
<p>North America is anticipated to remain the highest revenue-generating region, owing to widespread adoption of surgical robotics along with the non-invasive robotic radio surgical solutions. The growth of medical robotics and computer assisted surgery market in Europe is primarily characterized by the increase in geriatric &amp; amputee population, high incidence of chronic diseases, and growing investment on hospital infrastructure. Moreover, the Asia-Pacific region is expected to grow rapidly because of the increasing healthcare expenditure, growing awareness of advanced robotic solutions for several health conditions, and increase in disposable income.</p>
<p>The key companies profiled include Intuitive Surgical, Inc., Blue Belt Technologies Ltd., Think Surgical, Inc., Hansen Medical, Inc., MAKO Surgical Corp., Renishaw plc., Stanmore Implants Worldwide, Ltd., Mazor Robotics Ltd., ReWalk Robotics, Smith &amp; Nephew, Ekso Bionics, Hocoma AG, Titan Medical Inc., and Hitachi Medical Systems.</p>
<p><strong>About Us</strong><br />
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of &#8220;Market Research Reports&#8221; and &#8220;Business Intelligence Solutions&#8221;. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.</p>
<p>We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirm the utmost accuracy in our market forecasting. All the data presented in the reports published by us are extracted through primary interviews with top officials from leading companies of concerned domain. Our secondary data procurement methodology includes deep online and offline research and discussions with knowledgeable professionals and analysts in the industry.</p>
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		<title>Eagle Telemedicine and NRHA Co-Sponsor Webinar on Telemedicine Night Coverage</title>
		<link>http://itelemedicine.com/news/telemedicine-night-coverage/</link>
				<comments>http://itelemedicine.com/news/telemedicine-night-coverage/#respond</comments>
				<pubDate>Tue, 02 Aug 2016 16:07:57 +0000</pubDate>
		<dc:creator><![CDATA[Mark Cole]]></dc:creator>
		
		<guid isPermaLink="false">http://itelemedicine.com/?post_type=news&#038;p=5095</guid>
				<description><![CDATA[The benefits of using telemedicine to close nighttime staffing gaps at hospitals will be the topic of a webinar sponsored by the National Rural Health Association and Eagle Telemedicine, an industry pioneer solving hospital challenges through a variety of innovative telemedicine solutions. “Telemedicine Night Coverage Solutions: Why They Work for Hospitals and Physicians” is scheduled for 3 p.m. EDT on Thursday, Aug. 4.]]></description>
								<content:encoded><![CDATA[<h4><em>Program Will Feature How Telenocturnist Care Is a Sustainable Approach That Helps Small Rural Hospitals and Larger Facilities Solve Nighttime Staffing Challenges, Close Gaps in Coverage</em></h4>
<p><em>ATLANTA, GA &#8211; August 01, 2016 &#8211; </em>The benefits of using telemedicine to close nighttime staffing gaps at hospitals will be the topic of a webinar sponsored by the National Rural Health Association and <a href="http://thetelemedicinedirectory.com/listing/eagle-telemedicine/">Eagle Telemedicine</a>, an industry pioneer solving hospital challenges through a variety of innovative telemedicine solutions.</p>
<p>“Telemedicine Night Coverage Solutions: Why They Work for Hospitals and Physicians” is scheduled for 3 p.m. EDT on Thursday, Aug. 4. Register <a href="https://attendee.gotowebinar.com/register/1295750640130481154">here</a>. Admission is free.</p>
<p>“Staffing has become a systemic problem for many hospitals,” said Talbot “Mac” McCormick, MD, President and CEO of Eagle Telemedicine and Eagle Hospital Physicians, and webinar presenter. “Band-aid approaches might work for the short term, but telemedicine offers a more sustainable solution for rural hospitals, as well as larger hospitals that need help with nighttime ED admissions and cross-coverage.”</p>
<p>Participants will learn how:</p>
<ul>
<li>Telenocturnist care by remote physicians can leverage night staffing and prevent night calls—and burnout—for local physicians.</li>
<li>Telecross-coverage by remote physicians covering floor calls can keep ED nocturnists focused on admissions and ease stress levels.</li>
<li>Remote physicians backing up NPs and PAs can strengthen collaborative care in hospitals, and relieve the pressure to hire physicians to share night shifts.</li>
</ul>
<p><strong>Telemedicine night coverage solutions a new area of telemedicine growth<br />
</strong>In telemedicine, a robot on a rolling stand is equipped with a digital stethoscope and other diagnostic equipment, as well as a teleconferencing monitor and camera that enable physicians from remote locations to communicate directly, face to face, with hospital patients and staff. Working behind the scenes is a cloud-based telehealth network that enables the connection between patient and physician, and a small team of telemedicine physicians specifically assigned to a particular hospital.</p>
<p>“Telemedicine is helping boost patient census for rural hospitals by enabling them to provide care for more patients on-site rather than transferring them to larger facilities miles away,” said Dr. McCormick. “With telemedicine physicians always on hand at night via teleconferencing and remote diagnostic technology, critical decisions can be made quickly without having to wait until morning, when daytime physicians begin their day.”</p>
<p>Larger hospitals in metropolitan areas also see benefits. “Nocturnists often have to be in two places at once in busy hospitals: handling admissions, rounding on patients in the ED, and providing cross-coverage consultations to patients on the floor,” said McCormick. “Stress and burnout can run rampant. It’s the reason we’re seeing widespread interest from mid-size and large hospitals in Eagle telecross-coverage programs that were designed to support their night coverage teams.”</p>
<p>With telecross-coverage, Eagle physicians can remove the burden of floor calls and consultations from onsite ED noctunists, and are also available to help with ED admissions during peak periods. “We’re excited about this relatively new application for telemedicine in the hospital setting,” Dr. McCormick said. “We look forward to sharing details about our telenocturnist solutions—and the hospital industry’s growing interest in them—with webinar attendees.”</p>
<p><strong>Eagle Telemedicine</strong><br />
Founded in 2008, Eagle Telemedicine was one of the first companies to emerge in the telemedicine physician service arena, and continues to serve as a pioneer in the industry today, offering practical solutions, management tools, and innovation through the use of telemedicine. Eagle currently offers telemedicine programs and solutions in Hospitalist Medicine, Stroke and Acute Neurology, Psychiatric Care, Critical Care, ID, and Nephrology. The company was launched through Eagle Hospital Physicians, which develops and supports hospitalist physician practices serving hospitals nationwide. For more information, visit www.eagletelemedicine.com.</p>
<p>See <a href="http://thetelemedicinedirectory.com/listing/eagle-telemedicine/">Eagle Telemedicine</a> in <a href="http://thetelemedicinedirectory.com/" target="_blank">The Telemedicine Directory</a></p>
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		<title>Green Circle Health Announced Among Winners of ONC’s Consumer Health Data Aggregator Challenge</title>
		<link>http://itelemedicine.com/news/health-data-aggregator/</link>
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				<pubDate>Mon, 25 Jul 2016 15:44:19 +0000</pubDate>
		<dc:creator><![CDATA[Mark Cole]]></dc:creator>
		
		<guid isPermaLink="false">http://itelemedicine.com/?post_type=news&#038;p=5106</guid>
				<description><![CDATA[Green Circle Health announced that it was recognized as a Phase 1 winner in the Office of the National Coordinator for Health Information Technology’s Consumer Health Data Aggregator Challenge. The company’s GCH Platform, which is a health and wellness platform that engages families, employers and care providers, was chosen as one of the best solutions that addresses a need that many consumers, patients and employees have today: the ability to easily and electronically access their health data across a variety of different health IT and other systems.]]></description>
								<content:encoded><![CDATA[<h4><em>Company recognized for increasing consumer health data accessibility</em></h4>
<p><em>PENSACOLA BEACH, FL &#8211; July 25, 2016 &#8211; </em><a href="http://thetelemedicinedirectory.com/listing/green-circle-health/" target="_blank">Green Circle Health</a> (GCH) announced that it was recognized as a Phase 1 winner in the Office of the National Coordinator for Health Information Technology’s (ONC) Consumer Health Data Aggregator Challenge.</p>
<p>The company’s GCH Platform, which is a health and wellness platform that engages families, employers and care providers, was chosen as one of the best solutions that addresses a need that many consumers, patients and employees have today: the ability to easily and electronically access their health data across a variety of different health IT and other systems.</p>
<p>The Consumer Health Data Aggregator Challenge, along with the Provider User Experience Challenge, was announced in March by Dr. Karen DeSalvo, National coordinator for Health Information Technology at ONC. Both challenges were developed to foster private sector innovation to help make health information available in user-friendly formats to enable consumers and providers to easily and securely access and share electronic health information. Applicants were challenged to use the Fast Healthcare Interoperability Resources (FHIR®) standard and open application programming interfaces (APIs), which are modern resources that make it easier to retrieve and share information superseding what currently exist in most Electronic Health Records (EHRs).</p>
<p>“It is exciting to see the level of innovation that is taking place in health IT today,” said Dr. Vindell Washington, principal deputy national coordinator, announcing the Phase 1 winners. “The apps that these challenges will produce have the potential to spur real-world improvements for individuals and clinicians throughout the health system.”</p>
<p>The Green Circle platform provides a comprehensive family health dashboard that covers the full Common Clinical Data Set and uses the FHIR to transfer patient information. It also incorporates patient-generated health data from wearables, sensors and other connected devices.</p>
<p>“ONC’s challenge will accelerate the adoption of FHIR-based data interchange, enabling patients get their data from the various EHR platforms that are used by their healthcare providers” said Dinesh Sheth, CEO and founder of GCH. “Patients and families have waited too long to get useful data to generate actionable intelligence. We appreciate ONC pushing to bring down the barriers for innovations to take place and families to get healthy.”</p>
<p><strong>About Green Circle Health</strong><br />
Green Circle Health is the provider of the GCH platform, a family EHR that manages health and wellness and lowers healthcare costs. The GCH platform facilitates remote monitoring, collection and distribution of medical records and coaching to eliminate unnecessary visits or delayed treatments. For more information, visit www.greencirclehealth.com and follow them on Twitter and LinkedIn.</p>
<p>See <a href="http://thetelemedicinedirectory.com/listing/green-circle-health/" target="_blank">Green Circle Health</a> in <a href="http://thetelemedicinedirectory.com/" target="_blank">The Telemedicine Directory</a></p>
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		<title>Radish Systems is Finalist in Florida Hospital InnovationX</title>
		<link>http://itelemedicine.com/news/florida-hospital-innovationx/</link>
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				<pubDate>Thu, 21 Jul 2016 16:00:02 +0000</pubDate>
		<dc:creator><![CDATA[Mark Cole]]></dc:creator>
		
		<guid isPermaLink="false">http://itelemedicine.com/?post_type=news&#038;p=5110</guid>
				<description><![CDATA[Radish Systems is one of 20 global companies competitively chosen from over 100 solution providers to present their innovations at the invitation-only Florida Hospital InnovationX on July 28 and 29 in Orlando, Florida. Radish develops ChoiceView® “Voice with Visuals” solutions to improve mobile/Internet communications between healthcare firms and callers. Whether with an automated attendant or “real human” calls, patients can talk, exchange text/chat, and see/send visual information simultaneously on their smartphones.]]></description>
								<content:encoded><![CDATA[<h4><strong>Entrepreneurs vie to solve healthcare industry’s top challenges with next-generation technologies</strong></h4>
<p><em>BOULDER, CO &#8211; July 21, 2016 &#8211;</em> Radish Systems, a leading software innovator that adds visuals to business calls, is one of 20 global companies competitively chosen from over 100 solution providers to present their innovations at the invitation-only Florida Hospital InnovationX on July 28 and 29 in Orlando, Florida. Radish develops ChoiceView® “Voice with Visuals” solutions to improve mobile/Internet communications between healthcare firms and callers. Whether with an automated attendant (Interactive Voice Response system or Virtual Assistant) or “real human” calls, patients can talk, exchange text/chat, and see/send visual information simultaneously on their smartphones (or any phone on any network while displaying visuals in any browser).</p>
<p>InnovationX connects start-ups to early-stage companies with leading Florida Hospital healthcare executives. Approximately 20 companies are given four minutes to present their ideas to a judging panel consisting of Florida Hospital leaders. The winners will be determined by how well their ideas fulfill not only the selected Florida Hospital challenge, but also advance the Triple Aim of improved care, improved health, and reduced costs; how well the solution fits the Florida Hospital culture; and, of course, innovative spirit!</p>
<p>InnovationX is part of an extended competition, led by Florida Hospital, to identify and select new-generation technologies to improve healthcare. If Radish is selected, the company will customize and integrate ChoiceView technologies “on-top-of” existing or new IVR and contact center infrastructures within the Florida Hospital system.</p>
<p>&#8220;Radish&#8217;s ChoiceView is a cool solution set. Florida Hospital is excited about how it can potentially solve one of our top challenges which is to create an innovative and seamless experience that proactively engages customers in the care continuum through cost-effective communication tools.&#8221; stated Ashley Simmons, Director of Innovation Development, Florida Hospital, Florida division of Adventist Health System.</p>
<p>Theresa Szczurek, Radish’s CEO, added “We’re honored to demonstrate how ChoiceView “Voice with Visuals” can help meet Florida Hospital’s top healthcare challenge. As we know, ‘One picture is worth a thousand words.’ Adding visual data to voice and text information through ChoiceView accelerates callers’ understanding, especially when communicating about complex health and wellness issues.”</p>
<p><strong>ChoiceView Applications for Healthcare</strong><br />
ChoiceView transforms new and existing Interactive Voice Response (IVR) systems and Virtual Assistants into next generation, visually-enabled systems. It transforms a typical hospital or other healthcare contact center into a ‘voice with visuals’ assistance center. Studies with healthcare providers and payers show greater satisfaction, better understanding, and greater efficiency with ChoiceView. A ChoiceView-equipped healthcare provider or payer can send any visuals—directions, test results, care plans, X-rays, charts, diagrams, explanation of benefits, photos—via the patented, HIPAA-compliant ChoiceView software platform.</p>
<p>A caller who reaches a ChoiceView Visual IVR or Virtual Assistant can see and hear visual menu options, self serve by selecting the patient &amp; staff visual directory, choose and transfer to a department, receive and submit a &#8216;reason for call&#8217; information form, transfer to a website to &#8216;find a physician&#8217; or use the patient portal, receive and save visual directions, and more. ChoiceView-equipped automated systems increase self-service, call containment, first call resolution rate, and patient satisfaction while decreasing call time. This leads to lower healthcare costs, improved experience of care, and improved health. See use cases and demo videos at RadishSystems.com.</p>
<p><strong>About Florida Hospital</strong><br />
Florida Hospital, a 2,247-bed acute-care medical facility, is a member of Adventist Health System and runs the InnovationX Challenge through its Alliance &amp; Innovation eXchange. This specialized team of innovators connects businesses of all sizes to health-care professionals. Promoting the latest in technologies and wellness approaches, it provides unique partnership opportunities for world-renowned clinicians, researchers operators and innovators to share, learn and grow in order to continuously improve community health. Florida Hospital&#8217;s vision is to be a global leader providing highly advanced, faith-based health care and leading a sustainable community-health system that strives to provide major, relevant contributions to the re-shaping of America’s health care. Florida Hospital serves the health care needs of patients with a holistic approach to heal the mind, body and the spirit. https://www.floridahospitalalliances.com/ Twitter @FloridaHospital.</p>
<p><strong>About Adventist Health</strong><br />
Adventist Health System is a faith-based health care organization headquartered in Altamonte Springs, Florida. A national leader in quality, safety and patient satisfaction, Adventist Health System&#8217;s more than 78,000 employees maintain a tradition of whole-person health by caring for the physical, emotional, and spiritual needs of every patient. With 46 hospital campuses and nearly 8,200 licensed beds in ten states, Adventist Health System facilities incorporate the latest technological advancements and clinical research to serve more than 4.7 million patients annually. It is the largest not-for-profit Protestant health care system in the United States. http://www.adventisthealthsystem.com/ Twitter @AdventistHealth</p>
<p><strong>About Radish Systems</strong><br />
Radish Systems, a mobile/enterprise software and professional services company, improves the way organizations communicate visually with all callers, including smart mobile device and browser users, through its award-winning ChoiceView Software-as-a-Service (SaaS) technology platform. ChoiceView offers the next generation of multimodal unified communications, allowing visual information and secure data to be shared during a phone call with callers using any phone, any network, and many display devices. It eases the pain of frustrating automated phone systems (IVRs) and live assistance. It transforms new and existing traditional IVR systems from many vendors into next generation, true Visual IVRs. The patented, HIPAA-compliant technology increases comprehension, problem solving, and recall on calls by as much as 600%, helps callers resolve inquiries faster with more clarity, improves overall user experience, and increases business profits. To experience, “Wow, now I see what you’re talking about!<img src="https://s.w.org/images/core/emoji/11.2.0/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" />” moments, go to www.RadishSystems.com and view the demo videos and/or tap &#8220;Try ChoiceView Now!&#8221; Twitter @RadishSystems.</p>
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		<title>Radish Joins inContact inCloud Ecosystem Partner Program to Enhance Cloud Contact Center Visual Communications</title>
		<link>http://itelemedicine.com/news/cloud-contact-center/</link>
				<comments>http://itelemedicine.com/news/cloud-contact-center/#respond</comments>
				<pubDate>Wed, 29 Jun 2016 17:12:00 +0000</pubDate>
		<dc:creator><![CDATA[Mark Cole]]></dc:creator>
		
		<guid isPermaLink="false">http://itelemedicine.com/?post_type=news&#038;p=5116</guid>
				<description><![CDATA[Radish Systems and inContact, Inc. are enabling businesses to improve their customers’ communication experience by adding visuals to voice and chat calls. The fast-growing trend in customer engagement is to offer many ways to communicate with various types of devices while combining voice, visuals, and text in a seamless, easy way. Both companies offer the evergrowing cloud marketplace technological enhancements to improve business communications. ChoiceView transforms standard contact centers into visual live assistance centers and Interactive Voice Response (IVR) systems into true visual IVRs. Radish ChoiceView products are promoted through inContact’s inCloud Ecosystem Marketplace]]></description>
								<content:encoded><![CDATA[<h4><em>inCloud Ecosystem (iCE) promotes innovations, such as ChoiceView® ‘Voice with Visuals’, to provide contact centers with competitive advantages</em></h4>
<p><em>BOULDER, CO &amp; SALT LAKE CITY, UT &#8211; June 29, 2016 &#8211;</em> Radish Systems and inContact, Inc. (NASDAQ: SAAS), the leading provider of cloud contact center software and workforce optimization tools, are enabling businesses to improve their customers’ communication experience by adding visuals to voice and chat calls. The fast-growing trend in customer engagement is to offer many ways to communicate with various types of devices while combining voice, visuals, and text in a seamless, easy way. Both companies offer the evergrowing cloud marketplace technological enhancements to improve business communications. ChoiceView transforms standard contact centers into visual live assistance centers and Interactive Voice Response (IVR) systems into true visual IVRs. Radish ChoiceView products are promoted through inContact’s inCloud Ecosystem Marketplace</p>
<p>“We encourage contact centers to explore the offerings available from our inCloud Ecosystem partners, such as next-generation visual capabilities from Radish, and implement them into their existing or new systems,” explained Rajeev Shrivastava, Chief Strategy Officer at inContact. “Visuals with voice, integrated into an Omnichannel platform, add a highly competitive capability for improving communications with business customers.”</p>
<p>Theresa Szczurek, Radish’s CEO added “Adding visuals to voice information accelerates customers’ understanding, especially when calling about complex issues. Remember, ‘One picture is worth a thousand words.’ This partnership increases ChoiceView&#8217;s outreach to businesses that seek to improve customer experience through cloud-based contact center solutions.”</p>
<p><strong>ChoiceView Applications</strong><br />
ChoiceView transforms new and existing traditional Interactive Voice Response (IVR) systems from many vendors into next generation, true Visual IVRs. It transforms the traditional contact center into a ‘voice with visuals’ live assistance center. Customer support is the killer app to improve sales and<br />
© Radish Systems Radish and inContact Partner Page 2 of 3 service. Use cases across many industries include mobile commerce, True Visual IVR (Interactive Voice Response) systems (TrueVisualIVR.com), technical support, and enhanced customer support. Businesses can easily administer visual customer surveys after a self-service or live agent transaction, thereby increasing response rates. In health care, for example, nurse coaches can talk with patients while instantly sharing complex medical information thereby improving health outcomes and patient adherence. In retail, customers can talk and quickly see product information, receive order status, and purchase just the right products resulting in happier customers, higher revenues, and fewer returns. See more use cases and demo videos at RadishSystems.com/solutions/.</p>
<p><strong>About inContact</strong><br />
inContact (NASDAQ: SAAS) is the cloud contact center software leader, with the most complete, easiest and most reliable solution to help organizations achieve their customer experience goals. inContact continuously innovates in the cloud and is the only provider to offer a complete solution that includes the customer interaction cloud, an expert service model and the broadest partner ecosystem. Recognized as a market leader by Gartner, IDC, Frost &amp; Sullivan, Ovum and DMG, inContact supports over 6 billion interactions per year for enterprise, midmarket, government organizations and business process outsourcers (BPOs) who operate in multiple divisions, locations and global regions. To learn more, visit www.incontact.com.</p>
<p><strong>About Radish Systems</strong><br />
Radish Systems, a mobile/enterprise software and professional services company, improves the way organizations communicate visually with all callers, including smart mobile device and browser users, through its award-winning ChoiceView Software-as-a-Service (SaaS) technology platform. ChoiceView offers the next generation of multimodal unified communications, allowing visual information and secure data to be shared during a phone call with callers using any phone, any network, and many display devices. It eases the pain of frustrating automated phone systems (IVRs) and live assistance. It transforms new and existing traditional IVR systems from many vendors into next generation, true Visual IVRs. The patented, HIPAA-compliant technology increases comprehension, problem solving, and recall on calls by as much as 600%, helps callers resolve inquiries faster with more clarity, improves overall user experience, and increases business profits. To experience “Wow, now I see what you’re talking about! <img src="https://s.w.org/images/core/emoji/11.2.0/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" />” moments, go to www.RadishSystems.com and view the demo videos and/or tap &#8220;Try ChoiceView Now!&#8221; Twitter @RadishSystems</p>
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		<title>Industry Leader GlobalMed Establishes Base of Operations for Telemedicine Africa</title>
		<link>http://itelemedicine.com/news/telemedicine-africa/</link>
				<comments>http://itelemedicine.com/news/telemedicine-africa/#respond</comments>
				<pubDate>Tue, 28 Jun 2016 17:35:54 +0000</pubDate>
		<dc:creator><![CDATA[Mark Cole]]></dc:creator>
		
		<guid isPermaLink="false">http://itelemedicine.com/?post_type=news&#038;p=5083</guid>
				<description><![CDATA[As a sign of the growing importance of the African market to the world economy, GlobalMed® - the worldwide industry leader in telemedicine delivery systems – has chosen The Mbaoua Group in Côte d’Ivoire (Ivory Coast) to oversee opportunities and deployments in Telemedicine Africa. Yaya Mbaoua, the company’s CEO, will leverage his multicultural business experience in Europe, North America and Africa to build an effective bridge for technology transfer to the emerging nations in Africa.]]></description>
								<content:encoded><![CDATA[<h4><em>The Mbaoua Group Signs on as Exclusive Manager of African Operations for GlobalMed Telemedicine Solutions</em></h4>
<p><em>Business Wire &#8211; June 28, 2016 &#8211;</em> As a sign of the growing importance of the African market to the world economy, <a href="http://thetelemedicinedirectory.com/listing/globalmed/" target="_blank">GlobalMed</a>® &#8211; the worldwide industry leader in telemedicine delivery systems – has chosen The Mbaoua Group in Côte d’Ivoire (Ivory Coast) to oversee opportunities and deployments in Telemedicine Africa. Yaya Mbaoua, the company’s CEO, will leverage his multicultural business experience in Europe, North America and Africa to build an effective bridge for technology transfer to the emerging nations in Africa.</p>
<p>“Facebook plans to use satellites, lasers and drones by the end of the year to get the next billion people around the world online,” said GlobalMed Founder and CEO Joel E. Barthelemy. “Coupled with Google’s Project Loon, the balloon-based floating internet system, telemedicine will be able to reach regions that have never had it before.”</p>
<p>Mbaoua was first introduced to GlobalMed at the American Telemedicine Association’s Annual Conference in Los Angeles. “I knew immediately that GlobalMed was unique in the telemedicine market when compared to other Solutions. Having a proprietary and vertically integrated product offering will allow me to quickly implement world-class solutions that are tailored to the unique requirements of Africa. This is a huge competitive advantage for GlobalMed and requisite for success throughout the African regions.”</p>
<p>Mbaoua has spent nearly 20 years in technology product and business development in telecom, advertising, and most recently in healthcare as the Vice-President of International Sales and Business Development for Med1 and Healthcare and Vice-President of Product Management for Rally Health. While at Med1, Mbaoua forged relationships with public health systems throughout Africa and the Caribbean.</p>
<p>“Telemedicine will play a critical role in positively impacting Africa’s health care problems,” said Mbaoua. “My commitment to better my continent, along with GlobalMed’s mission of improving access to care globally, provides an incredible opportunity to connect doctors with millions of Africans.”</p>
<p><strong>About GlobalMed</strong><br />
GlobalMed’s mission is to transform healthcare globally though quality, timely care for all. GlobalMed is recognized as the leading provider of integrated telemedicine solutions serving top medical institutions, corporations and government organizations worldwide. For more information, visit www.globalmed.com.</p>
<p>See <a href="http://thetelemedicinedirectory.com/listing/globalmed/" target="_blank">GlobalMed</a> in <a href="http://thetelemedicinedirectory.com/" target="_blank">The Telemedicine Directory</a></p>
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		<title>Green Circle Health and Inclinical Partner to Expand the Role of Patient-Reported Data in Clinical Trials</title>
		<link>http://itelemedicine.com/news/patient-reported-data/</link>
				<comments>http://itelemedicine.com/news/patient-reported-data/#respond</comments>
				<pubDate>Mon, 20 Jun 2016 15:38:21 +0000</pubDate>
		<dc:creator><![CDATA[Mark Cole]]></dc:creator>
		
		<guid isPermaLink="false">http://itelemedicine.com/?post_type=news&#038;p=5081</guid>
				<description><![CDATA[Green Circle Health and Integrated Clinical Solutions announced a strategic partnership to enhance clinical trials’ software services by providing a bi-directional, user-friendly passageway through which patient-reported data can be securely communicated with a trial sponsor or agent. Through this partnership, GCH’s patient-to-provider communications gateway, the GCH Platform will integrate with Inclinical’s Perform, a collaborative, web-based suite that combines the primary functions of electronic data capture and clinical trial management systems to streamline trial operations management for sponsors, contract research organizations and investigative site personnel.]]></description>
								<content:encoded><![CDATA[<p><em>Green Circle Health &#8211; June 20, 2016 &#8211;</em> <a href="http://thetelemedicinedirectory.com/listing/green-circle-health/" target="_blank">Green Circle Health</a> (GCH) and <a href="http://thetelemedicinedirectory.com/listing/inclinical/" target="_blank">Integrated Clinical Solutions</a> (Inclinical) announced a strategic partnership to enhance clinical trials’ software services by providing a bi-directional, user-friendly passageway through which patient-reported data can be securely communicated with a trial sponsor or agent.</p>
<p>Through this partnership, GCH’s patient-to-provider communications gateway, the GCH Platform will integrate with Inclinical’s Perform, a collaborative, web-based suite that combines the primary functions of electronic data capture (EDC) and clinical trial management systems (CTMS) to streamline trial operations management for sponsors, contract research organizations (CROs) and investigative site personnel. The integrated solution provides patients with more control of their information, while ensuring the clinical trial results and records remain accurate and confidential as physicians interact with the subjects of their respective studies.</p>
<p>“The adoption of patient-reported outcomes (PRO) in the clinical trial environment has moved at a glacial pace, primarily due to the regulations intended to protect the participants’ information,” said Peter Armerding, founder and president of Inclinical. “Integrating the GCH Platform with Perform provides a controlled gateway to exchange patient medical records and trial outcomes that will speed PRO adoption, while respecting those regulatory protocols that are successfully protecting patient privacy.”</p>
<p>“With growth of home medical devices, remote monitoring technologies and the adoption of digitized health records, patients are able to effectively report their outcomes,” said Dinesh Sheth, founder and CEO of Green Circle Health. “The integration of the GCH platform brings that convenience and compliance to CTMS and EDC, improving adherence to trial protocol and increasing the success of clinical trials.”</p>
<p><strong>About Inclinical</strong><br />
Integrated Clinical Solutions, Inc. creates software exclusively for clinical trial organizations. Our products enable effective and efficient clinical operations processes for pharmaceutical, biotechnology and medical device industries. For further information contact sales@inclinical.com or 805.267.9215, or sign up today at www.inclinical.com.</p>
<p><strong>About Green Circle Health</strong><br />
Green Circle Health is the provider of the GCH platform, a family EHR that manages health and wellness and lowers healthcare costs. The GCH platform facilitates remote monitoring, collection and distribution of medical records and coaching to eliminate unnecessary visits or delayed treatments. For more information, visit www.greencirclehealth.com and follow them on Twitter and LinkedIn.</p>
<p>See <a href="http://thetelemedicinedirectory.com/listing/inclinical/" target="_blank">Integrated Clinical Solutions</a> &amp; <a href="http://thetelemedicinedirectory.com/listing/green-circle-health/" target="_blank">Green Circle Health</a> in <a href="http://thetelemedicinedirectory.com/" target="_blank">The Telemedicine Directory</a></p>
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		<title>FastMed Becomes Largest Urgent Care to Offer Telemedicine Visits</title>
		<link>http://itelemedicine.com/news/telemedicine-visits/</link>
				<comments>http://itelemedicine.com/news/telemedicine-visits/#respond</comments>
				<pubDate>Fri, 10 Jun 2016 20:45:18 +0000</pubDate>
		<dc:creator><![CDATA[Mark Cole]]></dc:creator>
		
		<guid isPermaLink="false">http://itelemedicine.com/?post_type=news&#038;p=5077</guid>
				<description><![CDATA[FastMed Urgent Care is enhancing its healthcare services by partnering with leading telemedicine platform, TouchCare, to offer mobile video appointments to North Carolinians via smartphone or tablet. Many urgent care conditions can be treated through video consults, but unlike other virtual-only services – such as Doctor on Demand, Teladoc and American Well – FastMed can also see these patients at one of the 57 North Carolina clinics to continue care if further evaluation or tests are needed, in which case the telemedicine appointment fee would be waived.]]></description>
								<content:encoded><![CDATA[<h4><em>Partnership with TouchCare Telemedicine Platform to Give North Carolinians New Option for Convenient Care</em></h4>
<p><em>FastMed Urgent Care &#8211; June 10, 2016 &#8211; </em><a href="http://thetelemedicinedirectory.com/listing/fastmed-urgent-care/" target="_blank">FastMed Urgent Care</a>, the largest Joint Commission accredited and fastest growing independent urgent care organization in the United States, is enhancing its healthcare services by partnering with leading telemedicine platform, <a href="http://thetelemedicinedirectory.com/listing/touchcare/" target="_blank">TouchCare</a>, to offer mobile video telemedicine visits appointments to North Carolinians via smartphone or tablet. Many urgent care conditions can be treated through video consults, but unlike other virtual-only services – such as Doctor on Demand, Teladoc and American Well – FastMed can also see these patients at one of the 57 North Carolina clinics to continue care if further evaluation or tests are needed, in which case the telemedicine appointment fee would be waived.</p>
<p>“FastMed has always believed that affordable, quality healthcare should be available any time and in any location to meet the needs of our patients,” said Kyle A. Bohannon, President &amp; CEO of FastMed. “Our partnership with TouchCare helps us fulfill that objective, on a platform that is both secure and simple to use. FastMed patients will have quick and convenient access to our unique brand of healthcare from a smartphone or tablet.”</p>
<p>TouchCare’s easy-to-deploy mobile platform enables providers and health systems to offer scheduled, HIPAA-compliant video appointments to their own patients, from any mobile device. Through the partnership with FastMed, TouchCare is introducing its on-demand telemedicine visits module for this statewide launch following a successful pilot program.</p>
<p>“The phased approach to our telemedicine offering allows FastMed to measure consistent consumer demand and high patient satisfaction,” explained Bohannon. “After launching across North Carolina, we plan to expand the FastMed service offering to provide telemedicine visits appointments to patients in Arizona and Texas by the end of the year.”</p>
<p>The partnership reaffirms TouchCare’s commitment to offering patients access to their own network of trusted healthcare providers – whether those providers are at a small practice, hospital or their preferred urgent care center.</p>
<p>“We’re excited to partner with FastMed to launch TouchCare’s new on-demand telemedicine capabilities, which allow any practice or urgent care center to offer patients easier access to care right when they need it,” explained Damian Gilbert, TouchCare Founder and CEO. “With the addition of TouchCare’s mobile platform, FastMed can provide exceptional care while reducing wait times, admissions, administrative bottlenecks and unnecessary fees for their patients.”</p>
<p>The telemedicine program further establishes FastMed as the preeminent leader in the industry as the first urgent care organization to offer on-demand visits to patients through its own network of providers. FastMed is the largest company in the urgent care industry to achieve the Joint Commission Gold Seal of Approval® for accreditation in healthcare quality and safety in ambulatory healthcare. FastMed operates more than 100 clinics across North Carolina, Arizona and Texas, providing urgent care and occupational health services.</p>
<p>The TouchCare platform is an affordable telemedicine visits option for all healthcare providers – from solo practitioners to large clinics or hospitals. Easy to set up, easy to use and massively scalable across an organization, TouchCare works seamlessly alongside existing EHR and practice management tools so that providers don’t have to change workflow.</p>
<p>For more information on telemedicine visits with FastMed Urgent Care, visit FastMed.com/Telemedicine.</p>
<p><strong>About FastMed Urgent Care</strong><br />
FastMed Urgent Care is an owner and operator of urgent care facilities with more than 100 locations across North Carolina, Arizona and Texas. FastMed focuses on the delivery of walk-in medicine for non-emergent healthcare needs 365 days per year through licensed physicians, physician assistants and nurse practitioners. The Company’s clinics hold the Joint Commission Gold Seal of Approval® for accreditation in healthcare quality and safety in ambulatory healthcare. FastMed is managed by an affiliated entity of one of the investment funds of ABRY Partners www.FastMed.com.</p>
<p><strong>About TouchCare</strong><br />
Headquartered in Durham, North Carolina, TouchCare brings mobile health to mobile people, offering providers, practices and healthcare institutions a simple way to remotely connect with their own patients through private face-to-face video calls via smart phones or tablets. The TouchCare platform is used by providers at some of America&#8217;s leading medical centers. For more information, visit www.touchcare.com.</p>
<p>See <a href="http://thetelemedicinedirectory.com/listing/touchcare/" target="_blank">TouchCare</a> &amp; <a href="http://thetelemedicinedirectory.com/listing/fastmed-urgent-care/" target="_blank">FastMed Urgent Care</a> in <a href="http://thetelemedicinedirectory.com/" target="_blank">The Telemedicine Directory</a></p>
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		<title>Genex Services Acquires Med-Eval</title>
		<link>http://itelemedicine.com/news/genex-services/</link>
				<comments>http://itelemedicine.com/news/genex-services/#respond</comments>
				<pubDate>Wed, 01 Jun 2016 15:40:42 +0000</pubDate>
		<dc:creator><![CDATA[Mark Cole]]></dc:creator>
		
		<guid isPermaLink="false">http://itelemedicine.com/?post_type=news&#038;p=5073</guid>
				<description><![CDATA[Bailey Southwell &#038; Co., LLC is proud to announce the completion of the sale of Med-Eval, Inc., a leading provider of independent medical examination (IME) and diagnostic network services for the workers’ compensation and automotive claims market, to Genex Services, LLC, a leader in medical cost containment and disability management services. Financial terms were not disclosed.]]></description>
								<content:encoded><![CDATA[<p><em>Bailey Southwell &amp; Co., LLC &#8211; June 01, 2016 &#8211; </em>Bailey Southwell &amp; Co., LLC (BSC) is proud to announce the completion of the sale of Med-Eval, Inc. (Med-Eval), a leading provider of independent medical examination (IME) and diagnostic network services for the workers’ compensation and automotive claims market, to <a href="http://thetelemedicinedirectory.com/listing/genex/" target="_blank">Genex</a> Services, LLC (Genex), a leader in medical cost containment and disability management services. Financial terms were not disclosed.</p>
<p>BSC acted as the exclusive strategic and financial advisor to Med-Eval.</p>
<p>By providing an extensive national network of board-certified medical examiners and leveraging a refined workflow that handles all administrative tasks from referral to report delivery, Med-Eval is one of the few IME providers with the scale and infrastructure to offer the geographic scope and high service quality required by leading insurance carriers, third-party administrators (TPAs), employers, and other organizations that need assistance with medical review services. With this acquisition, Genex will deliver an expanded national IME network backed by a high level of service quality and exceptional customer service to a marketplace desiring national IME options with a strong focus on cost containment and quality care.</p>
<p>“Bailey Southwell’s ability to maximize the value of a workers’ comp / managed care firm given industry trends was essential to identifying the best way to provide an attractive exit opportunity for our shareholders and placing the Med-Eval brand in an excellent position for future growth,” noted Mike Valasek, President and CEO of Med-Eval. “I would highly recommend that owners of industry firms begin a dialog with the professionals at Bailey Southwell.”</p>
<p><strong>About Bailey Southwell &amp; Co., LLC</strong><br />
Bailey Southwell &amp; Co., founded in 2005, is a privately held investment bank with offices in Nashville, Tennessee and St. Louis, Missouri. BSC provides mergers and acquisition and capital raising advisory services to middle market companies. More information about BSC can be found at www.baileysouthwell.com.</p>
<p><strong>About Med-Eval, Inc.</strong><br />
Med-Eval is a leading provider of medical evaluative services and discounted medical imaging for the workers’ compensation, automobile, general liability, and non-occupational disability claims industries. Founded in 1994, Med-Eval specializes in the recruitment and credentialing of providers, scheduling and reporting on medical evaluations, peer reviews, and diagnostic studies for insurance carriers, TPAs, employers, and attorneys. More information about Med-Eval can be found at www.med-eval.com.</p>
<p><strong>About Genex Services, LLC</strong><br />
Genex Services is the trusted provider of managed care services enabling workers’ compensation payers and risk managers to transform their bottom lines. Genex is a managed care leader with more than 2,900 employees and 47 service locations throughout North America. The company serves 381 of the Fortune 500 companies as well as the top workers’ compensation and disability carriers and third-party administrators in the U.S. In addition, Genex is the only company that delivers high-quality clinical services enhanced by intelligent systems and 360-degree data analysis. The company consistently drives superior results related to medical, wage loss, and productivity costs associated with claims in the workers’ compensation, disability, automobile, and health care systems. More information about Genex can be found at www.genexservices.com.</p>
<p>See <a href="http://thetelemedicinedirectory.com/listing/genex/" target="_blank">Genex</a> in <a href="http://thetelemedicinedirectory.com/" target="_blank">The Telemedicine Directory</a></p>
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