iMedX Announces Acquisition of Electronic Medical Transcription Services, Inc.

SHELTON, Conn., July 12, 2012 /PRNewswire/ -- iMedX Inc., a leading healthcare software and services company, announced today that it has completed the acquisition of the medical transcription assets from Florida-based Electronic Medical Transcription Services, Inc. ("eMTS").  With this acquisition, iMedX adds eMTS's many major hospitals and surgery centers nationwide to its customer base.

As a result of this acquisition, iMedX will benefit from an expanded base of customers and greater penetration in the hospital market. eMTS's customers will have access to advanced technology through iMedX's cloud-based healthcare information solutions – TurboFlow® transcription management platform, TurboScribe® document management, and TurboRx® electronic prescribing. Additionally iMedX's TurboDox™ - a blend of technology and process - will increase physician usage of EHRs through dictation, and will help doctors will remain productive even as EHR's are being implemented.

Venkat Sharma, iMedX's President and CEO, along with the current iMedX management team, will lead the combined companies. eMTS's current production and customer service team will continue to support and grow its loyal customer base as eMTS's customers are integrated into iMedX.

"eMTS has built a rock-solid reputation of great customer service and quality medical transcription to its customers," said Mr. Sharma. "We are pleased to have the eMTS family join iMedX. eMTS customers will benefit greatly from iMedX's clinical document management technology and innovative cloud-based healthcare information solutions to help hospitals and clinics improve productivity and documentation quality in this dynamic healthcare environment."

"We felt very comfortable that iMedX will continue our history of personal service to our clients," added Randy Conklin, CEO of eMTS. "iMedX brings the critical mass of a substantial company to support our larger clients and yet has the culture of a small company to work as an extension of our customers' operations. We are also happy that our clients will now have access to great technology."

About iMedX

iMedX is a leading outsource provider of healthcare software and services to hospitals and medical practices throughout the United States. iMedX's innovative Internet-based transcription delivery platform, TurboScribe®, is used by thousands of providers across the country. High quality transcription services are provided through delivery centers in the US and India. iMedX's TurboRx® allows small practices to get the benefit of ePrescribing without an EHR. iMedX's TurboDox™ suite of services will enable doctors to document rapidly and stay productive through EHR implementation iMedX is headquartered in Shelton, Connecticut. For more information, please visit www.imedx.com.

SOURCE iMedX Inc.

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