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MedQuist and MedAssets Sign Multi-Year Contract for Clinical Documentation Workflow Solutions
Date:10/2/2007

MOUNT LAUREL, N.J., Oct. 2 /PRNewswire-FirstCall/ -- MedQuist Inc. (Pink Sheets: MEDQ) announces that it has signed a multi-year agreement with MedAssets Supply Chain Systems, one of the nation's largest group purchasing organizations, renewing the relationship with MedAssets and allowing them to complete the MedQuist suite of voice capture, speech recognition and clinical documentation solutions.

As partners, MedAssets and MedQuist will collaborate to provide innovative technologies and leading-edge services resulting in margin and cash flow improvements to MedAssets customers nationwide. According to Terrilynn E. Cunningham, MHA, MedAssets vice president, Executive Services, "We are pleased to continue having one of the world's largest clinical documentation workflow company join with us to address the problem of rising supply costs for our member facilities. With MedQuist's nationwide sales and service force, our members will be able to contract for services by leveraging our national agreement."

"We are delighted that MedAssets has selected MedQuist to provide its customers with our portfolio of offerings to improve their clinical documentation workflow," says Scott Bennett, MedQuist senior vice president of Sales and Marketing. "MedAssets is focused on partnerships and value-add. They have demonstrated the desire to work as business partners to find a win-win solution for all of the parties involved."

About MedAssets

MedAssets Supply Chain Systems partners with healthcare providers to improve operating margins and cash flow while supporting quality of care goals. MedAssets implements integrated solutions to address the greatest opportunities for financial and process improvement and drives performance in revenue cycle, supply chain and clinical service line management. MedAssets is a business partner to more than 2,400 hospitals and 30,000 non-acute care healthcare providers. For more information, go to

SOURCE MedQuist Inc.
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