iMDsoft and Medworxx Sign Reciprocal Distribution Agreement

Medworxx to provide MetaVision clinical information systems in Canada; iMDsoft to provide sales support for Medworxx internationally

NEEDHAM, Mass.--(BUSINESS WIRE)-- iMDsoft, a leader in clinical information systems, and Medworxx, a leading provider of software for patient flow, compliance, and education, have today announced a broad sales and marketing partnership. Under the agreement, Medworxx will offer iMDsoft’s MetaVision® suite of clinical information systems for the perioperative and critical care environments in Canada. Further, iMDsoft will introduce Medworxx’ offerings to its customers and distributors worldwide.

MetaVision captures, displays, analyzes, reports, and stores the vast amount of patient-related data generated in hospitals’ perioperative and critical care environments. It automatically creates a complete electronic patient record, provides workflow coverage across the entire continuum of care, and arms healthcare professionals with timely, accurate, actionable information. Hospitals worldwide - including 4 of the top 10 US hospitals and 13 of the top 50 European hospitals - use MetaVision to improve care quality, enhance financial results, support research, and promote compliance with government, payor, and hospital protocols.

Medworxx has extensive experience in the Canadian healthcare market. Through innovation and close working relationships with their customers, Medworxx plays an increasingly strategic role in the hospital environment. Medworxx combines software with clinical and consulting best practices to effectively serve the hospital marketplace.

Medworxx places great emphasis on optimizing hospital performance and improving the level of hospital care and safety. MetaVision has a proven track record of producing clinical, financial, and operational benefits, including significantly reduced patient mortality rates, fewer medical errors, and less time spent on documentation. Together, the companies offer a robust administrative and clinical solution.

“Canada has been a fantastic market for iMDsoft over the past several years. Our products offer Canadian health networks the flexibility of a custom look and feel for individual hospitals and units, while maintaining centralized clinical regulations and workflow," said Phyllis Gotlib, CEO, iMDsoft. "Now, with Medworxx as our local partner, we look forward to reaching more health networks and hospitals with our solution."

“iMDsoft has a great start in the Canadian marketplace. This partnership combines the strength of the MetaVision suite with Medworxx’ knowledge and expertise of the Canadian market,” said Dan Matlow, President & CEO, Medworxx. “iMDsoft is also a company with a strong international presence. Their products are installed in over 20 countries. Their growth and success has been largely accomplished through their distributor network. As Medworxx expands internationally, we look forward to working with these distributors.”

About iMDsoft

iMDsoft is a leading provider of Clinical Information Systems (CIS) for perioperative and critical care. The company's flagship family of solutions, the MetaVision Suite, was first implemented in 1999. It has since become a market leader, with implementations in a wide range of ICUs and ORs. iMDsoft products demonstrate a 100% customer retention rate and 100% implementation success rate. Major medical centers across the US, Europe, Asia, and Australia use iMDsoft’s technology to improve care quality, promote patient safety, enhance financial performance, support research and compliance, and achieve sustainable market leadership. To learn more, visit www.imd-soft.com.

About Medworxx

Medworxx provides healthcare solutions for patient flow, compliance and education. Founded in 2004, Medworxx products are now used by more than 500,000 people at over 300 hospitals across North America. Medworxx: our market is healthcare, our vertical is knowledge. For more information, visit www.medworxx.com.

The statements regarding Medworxx made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from Medworxx' expectations and projections. The TSX Venture Exchange has not reviewed this press release and neither approved nor disapproved the information contained in this press release.



CONTACT:

iMDsoft
Anne Belkin, +781-4495567
Marketing Manager
[email protected]

KEYWORDS:   United States  North America  Canada  Massachusetts

INDUSTRY KEYWORDS:   Technology  Data Management  Software  Health  Hospitals  Other Health  General Health

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