BOSTON, Oct. 20 /PRNewswire-FirstCall/ -- AMICAS, Inc. , a leader in radiology and medical image and information management solutions, today announced that it will be showcasing end-to-end imaging IT solutions at the Radiology Business Management Association (RBMA) 2006 Radiology Summit from October 22nd through October 24th, 2006, in Phoenix, Arizona.
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AMICAS will be showcasing industry leading PACS, RIS, document management, and revenue cycle management offerings at RBMA. Collectively, these products have made AMICAS a leader in the ambulatory imaging environment. "AMICAS has grown to become the uncontested market leader in the ambulatory imaging market," said Nadim Daher, research analyst with Frost & Sullivan. "More than one out of five U.S. imaging centers uses the complete AMICAS suite or one of its four modules. The value proposition of AMICAS to these customers is remarkable. By selecting AMICAS, imaging centers can expect to streamline the workflow at every level of the delivery chain, from the front-desk personnel to the technologist, and on to the radiologist."
"RBMA presents a tremendous opportunity to highlight the breadth of products and services AMICAS offers to radiology imaging businesses," said Peter McClennen, president of AMICAS. "We believe that AMICAS is the only true end-to-end provider of products and solutions to this market segment. We also believe that our recent innovations with Insight Dashboards for advanced business intelligence support and Insight Services for next generation revenue cycle management capabilities provide a level of focus on business efficiency that was previously unavailable in the marketplace."
AMICAS will be highlighting two innovative new offerings that complement and extend existing product capabilities:
* AMICAS Insight Dashboards is a 100% Web-based business intelligence platform that provides access to customized, easy to read, graphical data for specific key performance indicators. By incorporating data from Vision Series PACS, Vision Series Financials, and Vision Series RIS, AMICAS Insight Dashboards has the capability to evaluate clinical factors such as technologist productivity as well as operational factors such as asset efficiency or accounts receivable aging. This business intelligence toolset enables customers to clearly view and understand their imaging operations. * AMICAS Insight Services is a suite of services designed to reduce the time it takes to convert receivables into cash while reducing the total cost of operations. These revenue cycle management capabilities will increase the efficiency of the radiology and billing service business, enabling AMICAS customers to save time, money, and eliminate manual processes from their daily workflow. For example, AMICAS offers return mail services that fully automate undeliverable mail that was previously considered uncollectible. These offerings are fully integrated with the Vision Series Financials practice management system.
Both of these new offerings demonstrate an intense focus on operational efficiency for AMICAS customers. The radiology imaging market is under intense pressure to improve efficiency with the imaging reimbursement cuts suggested in the 2005 Deficit Reduction Act (DRA) looming. "No other company addresses the business aspect of medical imaging as thoroughly as AMICAS does. The company demonstrates a superior understanding of the singular dynamics -- and incentives -- that characterize the ambulatory care market," added Mr. Daher of Frost & Sullivan.
AMICAS, Vision Series, and AMICAS Insight are trademarks or registered trademarks of AMICAS, Inc.
About AMICAS, Inc.
AMICAS, Inc. (http://www.amicas.com) is a leader in radiology and medical image and information management solutions. The AMICAS Vision Series(TM) products provide a complete, end-to-end solution for imaging centers, ambulatory care facilities, and radiology practices. Acute care and hospital clients are provided a fully-integrated, HIS/RIS-independent PACS, featuring advanced enterprise workflow support and scalable design. Complementing the Vision Series product family is AMICAS Insight(TM) Solutions, formerly known as AMICAS Insight Services(SM), a set of client-centered professional and consulting services that assist our customers with a well-planned transition to a digital enterprise.
Safe Harbor Statement
Except for the historical information herein, the matters discussed in this release include forward-looking statements. The forward-looking statements contained in this release include statements about present and future product and service availability, performance and implementation. When used in this press release, the words: believes, intends, plans, anticipates, expects, estimates, and similar expressions are intended to identify forward- looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause actual results to differ materially as set forth in AMICAS' most recent filings with the Securities and Exchange Commission. All forward-looking statements in this release are qualified by these cautionary statements and are made only as of the date of this release.
CONTACT: Paul Merrild Vice President of Marketing 617.779.7878 pmerrild@amicas.com
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