MediSolution Ltd.
TSX : MSH

MediSolution Ltd.

August 09, 2005 18:44 ET

St. Claire Regional Medical Center Purchases MediSolution's Laboratory Information System to Increase Operational Efficiency

MONTREAL, QUEBEC AND PHOENIX, ARIZONA--(CCNMatthews - Aug. 9, 2005) - MediSolution Ltd. (TSX:MSH), announced today that St Claire Medical Center has signed an agreement, valued at approximately $300,000 US, to purchase MediLab®, an automated laboratory information system that increases the operational efficiency and enhances results reporting for clinical laboratories. St. Claire, a not-for-profit healthcare organization in Morehead Kentucky, will deploy several MediLab modules to automate numerous functions, ranging from initial laboratory requests, to the integration of point of care testing, to the production and communication of web enabled final test results.

"The selection of MediLab came after an extensive evaluation process. St Claire's immediate need was to replace the anatomic pathology system being sunset by our current vendor. During the evaluation it became clear that it made sense for our organization to implement the entire MediLab solution", said Charlotte Lewis, administrative director of Diagnostic Services.

St Claire Regional Medical Center, a 159-bed hospital is replacing its existing Cerner Citation system with the MediLab solution. The system will be completely integrated into their healthcare information system and implementation is scheduled to begin immediately. The revenue on this contract will be recognized as the product is being implemented over the next twelve months.

"This new lab system will not only improve the laboratory organization and workflow at St. Claire Medical Center, it will provide world class reliability. We are pleased to have St Claire Medical join our growing base of customers in the US" said Paul Lepage, executive vice president and chief operating officer at MediSolution Ltd.

About St. Claire Regional Medical Center

St. Claire Regional Medical Center is a not-for-profit organization that was founded in 1963 in response to a need for healthcare in the area. The system provides acute, sub-acute, ambulatory and home healthcare services to the 200,000 residents of the northeastern counties of Kentucky. The laboratory performs over one million tests per year.

About MediSolution

MediSolution (TSX:MSH) is a leading healthcare and public sector information technology company, providing software, solutions and services to customers across North America. More than 500 hospitals and other healthcare facilities as well close to 200 public sector or government related organizations rely on MediSolution's systems to maximize their operational efficiencies, lower their costs, and improve the delivery of services. MediSolution has two operating segments. The Resource Management Systems segment is comprised of Financial Management software such as accounts receivable, budgeting and materials management as well as Human Capital Management tools including human resource management, staff scheduling and payroll processing. The Healthcare Information Systems segment is comprised of clinical solutions such as patient tracking, electronic patient health records, pharmacy, radiology and laboratory software for hospitals. For more information, visit www.medisolution.com.

Note: This press release contains "forward-looking statements". The words "believe", "expect", "anticipate", "intend", "estimate" and other expressions which are predictions of or indicate future events and trends and which do not relate to historical matters identify forward-looking statements. Reliance should not be placed on forward-looking statements because they involve known an unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to differ materially from anticipated future results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those set forth in the forward-looking statements include general economic conditions, interest rates, availability of equity and debt financing and other risks detailed from time to time in the company's continuous disclosure documents. The company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Contact Information

  • MediSolution Ltd.
    Paul Roche
    Senior Vice President and Chief Financial Officer
    (514) 850-5065
    info@medisolution.com