MT. LAUREL, N.J., Aug. 30 /PRNewswire/ -- MedQuist Inc. (Nasdaq: MEDQ), a leading provider of medical transcription services and technology-enabled clinical documentation workflow solutions, will be a featured exhibitor (Booth # 703) at Raising the Stakes, the annual HealthTrust University Conference & Vendor Fair being held August 30-September 1, 2010, in Las Vegas, Nevada.
HealthTrust Purchasing Group (HPG) is one of the healthcare industry's largest group purchasing organizations. Since October 2009, all of the more than 1,400 hospitals and healthcare organizations in HPG's network have had access to MedQuist's full array of integrated transcription and speech recognition technology and services.
MedQuist offers an industry-leading healthcare information management platform (DocQment Enterprise Platform® or DEP), which serves as the foundation for its transcription service offerings and includes workflow management, core measures reporting, structured documentation, data analytics, and key customer reporting. Other MedQuist solutions include SpeechQ® real-time interactive speech recognition for radiology and general medicine, DocQvoice® for capturing dictation, and computer-assisted coding and abstracting. This blend of solutions is helping to drive document quality and accuracy, and advance the adoption of Electronic Health Records at HPG member facilities -- resulting in improved patient care and higher levels of efficiency.
In addition, MedQuist's Transcription Services Agreement with HPG provides incentives to HPG's integrated delivery networks to aggregate transcription volume among their peer institutions. This combined volume can produce significant financial savings, as well as the operational benefits resulting from standardization.
According to Jane Girling, HPG Outstanding Member of the Year for 2010 and assistant vice president of Corporate Materials Management at Centrastate Health Care System in Freehold, N.J., "By contracting with MedQuist through HPG, we have been able to achieve annual savings of approximately 15 percent on transcription within our hospital system."
MedQuist Chief Operating Officer Michael Clark comments, "HPG clearly recognizes the important role that technology-enabled transcription services continue to play in enabling EHRs. We look forward to supporting their members to help balance Meaningful Use requirements and compliance with Joint Commission Core Measures with their physicians' needs for efficiency and productivity."
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.
About HealthTrust Purchasing Group
HealthTrust Purchasing Group is a healthcare group purchasing organization. Established in May 1999, we are committed to superior patient care delivered through national contracts negotiated with market-leading suppliers for clinically recommended products and services at competitive prices.
HealthTrust's membership supports nearly 1,400 not-for-profit and for-profit acute care facilities, as well as ambulatory surgery centers, physician practices, and alternate care sites. With an annual purchasing volume by its members of more than $15 billion, HealthTrust is committed to obtaining the best price for clinically-recommended products, ensuring their timely delivery and continuously evaluating and improving its services to the patients, physicians and clinicians it serves.
"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 Inc.