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Medstrat Inc. Announces Record Sales Year



1/21/2011 11:05:24 AM

DOWNERS GROVE, Ill., Jan 21, 2011 /PRNewswire/ -- Medstrat, a pioneer in medical imaging for almost 15 years and the leading developer of FDA-approved orthopedic multi-platform PACS and imaging solutions, announces record sales for the year ended December 31, 2010. During the year, Medstrat added over 100 new PACS customers to its already significant base of orthopedic practices throughout the United States. As a result, both sales revenue and net income hit record levels. According to Michael Cowden, Medstrat's President & CEO, "Our strong performance in 2010 is a direct result of the team we have here in place at Medstrat. Truly caring about our customers is what we are all about. It is our culture and it is directly influencing our growth, especially in light of the tremendous number of referral opportunities available due to recent failures by large competitors and continued ownership changes by others." According to Mr. Cowden, PACS conversions represent a significant percentage of current business and will continue to do so throughout 2011. He also attributes recent success to continued strong business relationships throughout the orthopedic PACS industry.

About Medstrat

Medstrat originated digital x-ray imaging for orthopedic practices to meet the unique needs of the orthopedic surgeon and address the demanding challenges orthopedic surgeons face every day, including the pressure to reduce costs and deliver faster, higher-quality patient care. Based upon a proven, high-performing digital medical imaging platform, Medstrat allows for the elimination of film, chemicals, and processing, increases workflow efficiency and staff productivity, and provides significant cost savings. For more information, call 800-882-4224 or visit www.medstrat.com.

SOURCE Medstrat


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