FRANKLIN, Tenn., April 13, 2011 /PRNewswire/ -- MedQuist Holdings Inc. (NASDAQ: MEDH), a leading provider of medical transcription services and technology-enabled clinical documentation solutions; including computer-assisted coding, will be a featured exhibitor at the Clinical Documentation Industry Association (CDIA) 2011 Annual Conference, being held April 13-15, 2011, in Charlotte, North Carolina. MedQuist is proud to be a Premium Sponsor of the CDIA event and will host "The Chairman's Welcome Reception" at the NASCAR Hall of Fame on Wednesday evening, April 13, 2011.
For the first time at the CDIA conference, MedQuist will showcase CodeRunner™ Computer-Assisted Coding (CAC). This technology advances clinical documentation by automating the coding process, getting facilities prepared for ICD-10, and accelerating revenue cycles. CodeRunner™ CAC speeds and simplifies the coding process, lowering DNFB and improving coder productivity.
"Computer-assisted coding serves two main purposes: to enhance accurate reimbursement and improve clinical documentation," states Maryagnes Marek, vice president of Coding and HIM Consulting. "Providing education and information about CAC is a pivotal objective for CDIA as an organization. The CAC markets are also merging with electronic record systems to enable data mining and research capabilities, which only increases the need for assuring that the clinical documentation reflects exactly what the course of treatment is, as well as patient's resources, story and history. MedQuist as an organization has developed products to meet these emerging market needs."
According to Eileen Dwyer, vice president of Corporate Customer Advocacy, "As ICD-10 approaches, healthcare facilities are looking to computer-assisted coding technology to help them meet current cost reduction mandates and ensure they are prepared to handle the projected decreases in coder productivity as a result of 155,000 new codes. This is a critical year for business owners in the clinical documentation sector (and other CDIA members) as they adopt technology that enables them to expand their offerings and better serve their clients. As CDIA, formerly known as MTIA, expands its reach beyond transcription to include all areas of technology that improve clinical documentation and patient care, we are confident that computer-assisted coding will be an important topic of interest at the conference."
MedQuist is a leading provider of medical transcription services, and a leader in technology-enabled clinical documentation workflow. MedQuist's enterprise solutions – including mobile voice capture devices, speech recognition, Web-based workflow platforms, and global network of medical editors – help healthcare facilities improve patient care, increase physician satisfaction, and lower operational costs. For more information, please visit www.medquist.com.
The not-for-profit Clinical Documentation Industry Association (CDIA) is the world's only trade association representing the management and delivery of clinical documentation services. CDIA develops best practices around clinical data capture and advocates for documentation solutions that integrate narrative capture, support risk management, and deliver accurate, comprehensive health data to the US healthcare system. For more information, visit www.cdiaweb.org.
"Safe Harbor" Statement under the U.S. Private Securities Litigation Reform Act of 1995: Statements in this press release regarding MedQuist's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. Actual outcomes and results may differ materially from what is expressed or forecasted in forward-looking statements. As a result, forward-looking statements speak only as of the date they were made, and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE MedQuist Holdings Inc.