Superior Consultant and Lakeland Regional Health System Enter Five-Year, Infrastructure Outsourcing Agreement
15 November 2004 - 1:00PM
PR Newswire (US)
Superior Consultant and Lakeland Regional Health System Enter
Five-Year, Infrastructure Outsourcing Agreement Superior to Provide
Network Management, Help Desk and Consolidated Data Center Services
DEARBORN, Mich., Nov. 15 /PRNewswire-FirstCall/ -- Superior
Consultant Company (NASDAQ:SUPC) and Lakeland Regional Health
System, a St. Joseph, Michigan-based health system, today announced
they have entered into a five- year, infrastructure outsourcing
contract, with a base value of approximately $14.6 million. Under
the new agreement, effective November 1, 2004, Superior will
provide Lakeland Regional Health System with an infrastructure
outsourcing solution, including network management, consolidated
data center services, and 24/7/375 help desk services. In addition,
Superior's experienced professionals will work with the health
system to update its internal network, and will assist in
developing Lakeland's future clinical information technology
strategy. Through this new outsourcing partnership, Superior and
Lakeland will work together to develop the base infrastructure
foundation that will enable Lakeland to offer advanced clinical
solutions to its constituents. Superior will assume direct
management responsibility for Lakeland's information technology
infrastructure, which includes all hardware, network management,
help desk, network monitoring, disaster recovery, and consolidated
data center. Approximately 15 of Lakeland's information services
employees will be joining Superior. "We are confident that
Superior's proven outsourcing solution and healthcare domain
expertise will help us form the building blocks that will enable us
to expand our clinical information capabilities," said Joe
Wasserman, Lakeland Regional Health System's President and Chief
Executive Officer. "By partnering with Superior's experienced
outsourcing team, which has generated unmatched results for its
other outsourcing clients, we, too, look forward to achieving
enhanced performance." "Superior brings us healthcare-knowledgeable
personnel and a 'get it done' attitude as we strive to expand our
clinical capabilities," said Timothy Calhoun, Lakeland Regional
Health System's Chief Financial Officer. "As we looked to rebuild
our information technology infrastructure, it was apparent that we
needed a partner that had done this before, and Superior's
excellent track record spoke for itself." "We are pleased to
welcome Lakeland Regional Health System as an infrastructure
outsourcing client and look forward to helping them expand and
accomplish their clinical initiatives," said Richard D. Helppie,
Superior's Chief Executive Officer. "Lakeland is another example of
an independent, community-based, not-for-profit health system
looking for affordable technology. Our partnership will provide
them with the base infrastructure technology and services that will
help them broaden their clinical capabilities." Statements included
in this press release which are not historical in nature, are
intended to be, and are hereby identified as "forward-looking
statements" for purposes of the safe harbor provided by Section 21E
of the Securities Exchange Act of 1934, as amended by Public Law
104-67. Forward- looking statements may be identified by words
including, but not limited to: "anticipate," "believe," "intends,"
"estimates," "promises," "expect," "should," "conditioned upon" and
similar expressions. This release contains forward-looking
statements relating to future financial results or business
expectations. Business plans may change as circumstances warrant.
Actual results may differ materially as a result of factors and
events which the company is unable to accurately predict or over
which the company has no control. Such factors include, but are not
limited to: the award or loss of significant client assignments,
timing of contracts, recruiting and new business solicitation
efforts, the healthcare market's acceptance of and demand for the
company's offerings, demands upon and consumption of the company's
cash and cash equivalent resources or changes in the company's
access to working capital, regulatory changes and other factors
affecting the financial constraints on the company's clients,
competitive pressures (both domestic and foreign), the ability to
successfully manage currency risk, obtain foreign work permits and
otherwise successfully execute and manage international contracts,
economic factors specific to healthcare, general economic
conditions, unforeseen disruptions in transportation,
communications or other infrastructure components, acquisitions
under consideration and the ability to integrate acquisitions on a
timely basis. Additional information regarding these risk factors
and others, and additional information concerning the company are
included in the company's reports on file with the Securities and
Exchange Commission. About Lakeland Regional Health System Lakeland
Regional Health System began on January 1, 1992, when Mercy
Memorial Medical Center (Benton Harbor/St. Joseph) merged with
Pawating Hospital (Niles). Those two hospitals -- now known as
Lakeland Hospital, St. Joseph and Lakeland Hospital, Niles -- are
the heart of the system today, along with Lakeland Specialty
Hospital, which joined Lakeland on January 1, 1994. Together, these
three facilities have a total of more than 260 years of service to
their communities. Lakeland is a not-for-profit, community-owned
system of care serving Berrien, Cass, and Van Buren counties and
outlying areas. With more than 3,000 associates and more than 250
medical staff members, Lakeland is the largest employer in Berrien
County. Besides the three hospitals, the system includes an
outpatient care center, walk-in clinics, long-term care, home care,
laboratory and X-ray services, rehabilitation and other services
throughout the region. In addition, Lakeland offers health, safety,
wellness, and prevention events, classes, and programs throughout
the year. About Superior Consultant Holdings Corporation Recipient
of Frost & Sullivan's 2003 Best Bang for the Buck Award for
providing services and solutions with the highest ratio of value to
cost, Superior Consultant is a leading national provider of
transformational outsourcing, management and information technology
consulting services and solutions to the healthcare industry.
Superior specializes in Digital Business Transformation(TM)
services that enable clients to thrive in the information-driven
economy, and its outsourcing, management and information technology
consulting services and solutions help clients plan and execute
better business strategies and meet their fiscal challenges while
advancing clinical quality. Superior's best practices outsourcing
model includes a full range of flexible business process and
information technology solutions, including data center services,
24/7/365 network monitoring and help desk services, facility
management, interim management, and application outsourcing
services. For 20 years, Superior has been recognized as an
innovative leader within the healthcare industry and has been
rewarded with full and partial outsourcing contracts, thousands of
engagements, approximately 170 interim management assignments, and
nearly 3,000 clients. For more information on Superior Consultant
Holdings Corporation simply dial 1-800-PRO-INFO and enter the
Company ticker: SUPC (a no-cost fax-on- demand service) or visit
the Company's Web site at http://www.superiorconsultant.com/ .
DATASOURCE: Superior Consultant Company CONTACT: Richard D. Helppie
- Chief Executive Officer, or Susan M. Synor - Executive Vice
President, of Superior Consultant Company, +1-248-386-8300 Web
site: http://www.superiorconsultant.com/
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