iMedX appoints Christopher Foley new Chief Executive Officer

MONROE, Conn., July 9, 2013 /PRNewswire/ -- iMedX, a leading provider of healthcare clinical documentation solutions, today announced the appointment of longtime industry veteran Christopher Foley to Chief Executive Officer and member of iMedX's board of directors. Former CEO Venkat Sharma will remain active in the company and its board, transitioning to a new role focused on forward-looking entrepreneurial ventures.

Chris brings 25 years of senior executive leadership experience to the position, including seven at publicly traded CBay Systems - now known as M*Modal - where he served as President and a member of its board of directors. His career includes senior roles at Lanier Worldwide, a global market leader in document management solutions. He was CEO and Founder of BSI, an international telecommunications technology and services consolidator in partnership with AT&T. Mr. Foley was also Vice President of publicly traded MedQuist, a multinational medical services BPO provider, and CEO and Founder of Priam Limited, a healthcare strategic advisory and investment banking firm.

"Chris will be instrumental in the company's continued efforts to increase market share and shareholder value," said Venkat Sharma, iMedX's Founder. "His proven track record and expertise will serve us well in our plan to rapidly expand into becoming a major force in the clinical documentation market."

"iMedX is a well-established and respected company. With our existing team of experienced leaders and dedicated resources, world-class technology solutions, and rapid implementation and integration methods, we will drive continuous value to our shareholders, our clients and our employees. Our passion for excellence and innovation is unmatched within the industry, and is our foundation as we implement a number of strategic growth and value-add initiatives," said Christopher Foley. "We will work to capitalize on what we view as a tremendous market opportunity. Our objective is to position iMedX as a market leader in integrated clinical documentation solutions by providing and enhancing the services that remain core and have the greatest impact on our clients."

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. iMedX's TurboDox™ suite of services enable doctors to document rapidly and stay productive throughout EHR implementation. iMedX is headquartered in Monroe, CT. For more information, please visit www.imedx.com.

SOURCE iMedX

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