Precyse Completes Planned CEO Transition to Chris Powell Powell Succeeds CEO/Founder Jeffrey Levitt, who Transitions to Executive Chairman

WAYNE, Pa. and ALPHARETTA, Ga., April 15, 2014 /PRNewswire/ -- Precyse, an industry leader in Health Information Management (HIM) Performance Management and Technology, today announced that effective April 1, 2014, Christopher A. Powell, Precyse's President since May 2011, was promoted to Chief Executive Officer and elected to the Board of Directors, succeeding company founder, Jeffrey S. Levitt, who will assume the role of Executive Chairman of Precyse's Board of Directors and remain with the company.

"We began this transition process six months ago, as part of our management succession program.  We are fortunate to have someone of Chris' caliber and experience to lead Precyse in its mission to transform clinical documentation in healthcare with solutions that will make caregivers and healthcare provider organizations more efficient and effective in today's challenging environment," said Executive Chairman, Jeffrey Levitt. "The board and I are confident in Chris' ability to expand Precyse's mindshare and footprint in our target markets." 

"It has been a privilege to work with Jeff and our board over the past three years to help establish Precyse as a nationally recognized leader in our field. Jeff and I have worked side by side to transform the company from a services-based HIM industry leader to an HIM solutions company with a solid foundation for growth and continued innovation. I am honored to carry the torch as Precyse executes its strategic vision to deliver customer and shareholder value," said Chris Powell, CEO of Precyse. "I am also delighted that the Company will retain Jeff's industry and business insights as he transitions to his new role of executive chairman."

About Precyse
Precyse provides industry-leading expert services and comprehensive technologies that empower healthcare organizations to most effectively and efficiently capture, organize, secure and analyze clinical data and transform it into actionable information, supporting the delivery of quality patient care and optimizing operating performance. Precyse has enabled nearly 5,000 healthcare facilities and health systems nationwide to improve efficiency and deliver tangible outcomes for more than a decade. With products ranging from an integrated transcription and coding platform with advanced speech recognition, expert workflow technologies and Natural Language Processing to HIM consulting and services, Precyse's flexible software can be delivered stand-alone or complemented by a professional staff of more than 1,200 experts. Now more than ever, hospitals and health systems are challenged to achieve meaningful use of the legal health record. Precyse is the partner hospitals across the country choose to achieve this goal. To learn more, visit www.precyse.com.

Sparking innovation in healthcare information™

Media Contact:
Audra Murphy, Precyse
800-555-2311 x224
amurphy@precyse.com

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SOURCE Precyse



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