Continued Revenue Growth, New Off-Shore Development Center and Next Generation of EMR Leads Mednet System into 2006

With major operational accomplishments and new clients Mednet System on track to establish itself as leading player in EMR market in 2006.

Webster, MA (PRWEB) February 8, 2006

Mednet System, a leading provider of innovative and affordable Electronic Medical Records (EMR) and medical billing services, announced performance results for year 2005.

“Year 2005 was very exciting year for us as we exceeded our annual revenue goals for a second consecutive year while we continued to make tremendous progress in building new generation of our Electronic Medical Record product - emr4MD,” said Niraj Jetly, CEO of Mednet System.

“With our new off-shore development center in New Delhi, India, we have experienced a total productive engineering time of 18 hours/day as compared to traditional 8 hours/day. This enormous accomplishment has made been possible due to our investment in state-of the-art technical infrastructure including high speed internet, VOIP lines and Business Office VPNs. Setting up Off-Shore development center is in-line with our philosophy to provide innovative, cost-effective products and services to our clients,” said Mr. Jetly.

Mednet System also announced the launch of next generation of its Electronic Medical Record product - emr4MD version 3.5. Key features of emr4MD v 3.5 are:

  •     100% standards based – XML, SNOMED, CCR, HL7, DOQ-IT
  •     Click-thru documentation – Document entire patient encounter without typing a single word. Just point-n-click or tapping on tablet PC screen can create entire visit documentation
  •     Disease Manager – AMA guidelines based disease manager to improve quality of care and increase P4P compliance
  •     Referral Management – Single click management of outbound and inbound referrals
  •     Scanning and Document Management – Scan and manage paper charts with flexible workflow
  •     E-Prescribing – SureScripts certified, single-click refills, drug-drug, duplicate therapy, drug-allergy checks
  •     Patient Portal – Patient self service for appointment requests, refill and referral requests, and viewing lab results

For medical billing business, Mednet System added new clients and continued its winning streak to reduce days in AR. Days in AR for all of clients continued to drop to less than 20 days as compared to last year performance of 30 days and industry average of 70 days

About Mednet system-

Mednet System is the leading provider of Electronic Medical Records, Medical Billing and technology solutions for physicians, hospitals and Independent Physician Associations (IPAs).

Contact-

Sara Williams

Mednet System

877.MEDNET.4

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