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Precyse Solutions Promotes Ken Lacy to Senior Vice President & CIO to Drive Advancement of PrecyseNet(TM), Precyse's Advanced Technology Solution
Date:3/10/2008

Lacy's health care industry expertise has led Precyse to a leadership role in Health Information Management and Technology that Reduces Operating

Costs and Accelerates Revenues for Hospitals

WAYNE, Pa., March 10 /PRNewswire/ -- Precyse Solutions, the leader in driving peak performance within Health Information Management (HIM) departments, today announced the appointment of Ken Lacy as Senior Vice President and Chief Information Officer. Joining Precyse in 2000, Lacy previously held the position of Corporate Vice President and CIO for the Company, where he led the implementation of the unique and highly regarded PrecyseNet(TM) platform system. A proven leader of people, ideas and innovation, Lacy will now take on the additional responsibility of the formal creation of Precyse's Product Management function, where he will make further improvements and enhancements to PrecyseNet and the Company's on line remote coding application, PrecyseCode 2X(TM), by implementing front-end Automated Speech Recognition (ASR), virtual chart and chart storage.

PrecyseNet is a unique software platform that supports remote coding, transcription and ASR on one secure, Web-based platform. Lacy developed and has continued to enhance the system platform through the implementations of ASR and Precyse's proprietary remote coding software solution, PrecyseCode 2X, which facilitates specialized coding for emergency, surgical, outpatient and E&M, as well as inpatient encounters, helping U.S. hospitals achieving appropriate reimbursement for medical services. Lacy continues to differentiate Precyse's software platform within the Health Information Technology (HIT) industry.

"Ken not only brings extensive industry knowledge and experience to this new role, but also strong understanding of Precyse's core business of driving peak performance within the health information management and health information technology industries. His distinct ability to connect, engage and develop people and innovative ideas will certainly accelerate the growth and productivity of our formalized product management function," said Jeffrey Levitt, CEO and Founder of Precyse Solutions. "His efforts in this leadership position will ensure that Precyse remains uniquely positioned to continue its rapid growth in the industry and that all of our clients are served exceptionally well."

With over fifteen years in the healthcare information services industry, Lacy previously served in technical roles at SpectraLogic and HBO & Company, one of the leading healthcare systems developers and systems integrators in the country. From there, Lacy went on to serve as the Vice President for CareCentric Solutions, a software company providing support services to the home health services industry. Lacy holds an undergraduate degree in electrical engineering from Georgia Tech and a Master's Degree in Business and Health Care Administration from Georgia State University.

About Precyse Solutions

Precyse Solutions is the leader in driving peak performance within HIM departments. The Precyse Performance Benchmark measures key performance indicators of HIM departments against industry standards to determine areas of strength and needed improvement. Precyse's services support best practices in multiple areas including: remote and on-site coding, transcription, audit and education, cancer registry, consulting and interim/long-term management services. For more information, please visit http://www.precysesolutions.com.


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