MedQuist Awarded Contract with Child Health Corporation of America

MT. LAUREL, N.J., Aug. 24 /PRNewswire-FirstCall/ -- MedQuist Inc. (Nasdaq: MEDQ), a leading provider of medical transcription services, and a leader in technology-enabled clinical documentation workflow, continues to build partnerships with the nation's top healthcare organizations by developing and implementing solutions that form the backbone of clinical documentation workflow management.

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 drives document quality and accuracy and advances the adoption of Electronic Health Records -- resulting in improved patient care and higher levels of efficiency.

In the latest example of its support for providers nationwide, MedQuist recently signed an agreement with Child Health Corporation of America (CHCA) for clinical documentation and computer-assisted coding technology and outsourced medical transcription and coding services.  MedQuist will implement DEP in-house at CHCA Owner Hospitals as a Web-based solution for clinical documentation workflow.

According to Melinda McDonald, vice president at CHCA, "We contracted with MedQuist after they demonstrated operational cost savings and more complete documentation for billing and compliance at a number of our hospitals." MedQuist currently provides services for 14 CHCA children's hospitals, where its technologies are transforming traditional transcription to increase productivity, drive out costs, promote physician satisfaction, and support high quality patient care.  

MedQuist CEO Peter Masanotti comments, "As the supplier of transcription services and clinical documentation technologies to 42 percent of the nation's children's hospitals, we are pleased that CHCA has selected MedQuist to help improve clinical documentation workflow among its hospitals based on our experience and commitment to serving this market.  We look forward to working with them as business partners, and providing significant value as each facility moves toward adoption of Electronic Health Records and substantiating Meaningful Use under the HITECH Act."

About CHCA

Child Health Corporation of America is a business alliance of children's hospitals, headquartered in Shawnee Mission, Kansas.  CHCA children's hospitals represent more than 20,000 physicians, 100,000 employees, $14 billion in revenue and $1.8 billion in overall medical, surgical and pharmaceutical products. CHCA Owner Hospitals are North America's leading children's hospitals and are widely known for their excellence in caring for children.

About MedQuist

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.

"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.

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