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Precyse Solutions and Ingalls Memorial Hospital Sign Outsourced Transcription Agreement
Date:1/21/2009

WAYNE, Pa., Jan. 21 /PRNewswire/ -- Precyse Solutions, a leading provider of clinical documentation software, workflow tools and consulting services, has signed a five-year HIM Outsourcing agreement with Ingalls Memorial Hospital, located in suburban Chicago, IL. Valued at nearly $4 million, the contract between Precyse and Ingalls includes technologies and services to support the hospital's medical transcription functions.

Precyse was awarded the contract at Ingalls based on the company's ability to offer a full-suite of both technology solutions and consulting services, supported by highly cooperative internal organizations. The depth of Precyse's HIM experience and knowledge base played a major role in the decision, as did Precyse's ability to quickly mobilize an implementation team and begin work before the contract with the incumbent vendor had expired.

Karen Slattery, manager of Ingalls HIM department, comments on the anticipated value of outsourcing to Precyse, "Our transcription turnaround time, which is a critical performance indicator, is not where it needed to be. We believe the combination of Precyse's technology solutions and consulting resources can improve our document turnaround by as much as 50%." Slattery also notes, "We also anticipate high-quality customer service from Precyse."

Vincent E. Pryor, CFO and Corporate Vice President for Finance at Ingalls sees some immediate results, "Probably the best aspect of the move to Precyse for transcription services is that we haven't had one single doctor issue and, for many of the physicians, I am not sure they knew we made a change." Precyse transcription clients across the country report increased physician satisfaction with the quality, accuracy, and timeliness of clinical documentation generated by Precyse.

Jeffrey S. Levitt, founder and Chief Executive Officer of Precyse, notes the strong role that Ingalls' third-party healthca
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SOURCE Precyse Solutions
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