Nightingale achieves EMR Specification 4.0 Funding Eligibility status from OntarioMD
21 März 2012 - 12:30PM
PR Newswire (Canada)
The Company passes final phase of certification process to achieve
Funding Eligible status. Nightingale On Demand continues its reign
as the number one ranked EMR by market share under Ontario's New
EMR Adoption Program. MARKHAM, ON, March 21, 2012 /CNW/ -
Nightingale Informatix Corporation ("Nightingale" or the "Company")
, an application service provider (ASP) of electronic medical
record (EMR) software and related services, announced today that it
has completed and passed the "live" Reference Site phase for
OntarioMD's EMR Specification 4.0 and has achieved Funding Eligible
status. Established by the Ontario Medical Association and
the Ministry of Health and Long-Term Care, OntarioMD manages the
EMR Adoption Program, which funds and assists physicians to
acquire, implement and adopt IT. Nightingale is one of four
companies currently identified as Specification 4.0 Funding
Eligible, and the second returning company to complete the
process. Part of the requirement for Specification 4.0 was
the integration with the Ontario Lab Information System (OLIS) and
the Hospital Report Manager (HRM). "The Ontario EMR Specification
4.0 provides our users with enhanced interoperability and
functionality that improves our users' access to clinical
information, and which ultimately improves patient care. This
is yet another step towards creating a fully integrated and
interoperable healthcare system" said Sam Chebib, President and CEO
of Nightingale. He continued "As the largest ASP EMR vendor in
Canada, Nightingale is committed to maintaining its Funding
Eligible status in all jurisdictions where we operate."
Nightingale On Demand continues its reign as the number one ranked
EMR in Ontario's New EMR Adoption Program by market share with
a 21.8% market share and as the leading ASP provider with 77%
market share. About Nightingale Nightingale is one of the fastest
growing health care service and software companies in North America
and is recognized as an industry leader in Web-based clinician and
community based electronic medical records (EMR) serving the needs
of small primary care practices, multi-physician outpatient
clinics, and large scale regional health organizations and
networks. Coupled with integrated practice management,
transcription and revenue cycle management, Nightingale's
comprehensive service offering allows customers to enhance patient
care, increase revenue opportunities and optimize operations.
Nightingale is continuously innovating and enhancing its services
to meet the needs of its growing and diverse customer base.
Nightingale - Healthcare connected. www.nightingalemd.com Forward
Looking Statement This press release contains "forward-looking
statements" respecting the issuance and cancellation of securities
of the Company within the meaning of applicable Canadian securities
legislation. Generally, forward-looking statements can be
identified by the use of forward- looking terminology such as
"plans", "expects" or "does not expect", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or
"does not anticipate", or "believes", or variations of such words
and phrases or state that certain actions, events or results "may"
,"could", "would", "might", "occur" or "be achieved".
Forward-looking statements are subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
level of activity, performance or achievements of Nightingale to be
materially different from those expressed or implied by such
forward-looking statements, including but not limited to: risks
related to the speculative nature of the medical software industry,
which is affected by numerous factors beyond Nightingale's control;
the ability of Nightingale to successfully secure customer
contracts and the timing of securing such contracts; the ability of
Nightingale to complete and successfully integrate its acquisitions
on an accretive basis, Nightingale's access to debt and capital
facilities, including compliance with current debt arrangements;
the existence of present and possible future government regulation;
the significant competition that exists in the medical software
industry; the early stage of Nightingale's business, and risks
associated with early stage companies, including uncertainty of
revenues, markets and profitability and the need to raise
additional funding. All material assumptions used in making
forward-looking statements are based on management's knowledge of
current business conditions and expectations of future business
conditions and trends. Certain material factors or assumptions
applied by management in making forward-looking statements, include
without limitation, factors and assumptions regarding future trends
in healthcare spending, economic conditions affecting Nightingale
and North American economies; Nightingale's ability to continue to
fund its business, rates of customer defaults, relationships with,
and payments to lenders, as well as Nightingale's operating cost
structure. Although Nightingale has attempted to identify important
factors that could cause actual results to differ materially from
those contained in forward-looking statements, there may be other
factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove
to be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking
statements. Nightingale does not undertake to update any
forward-looking statements that are incorporated by reference
herein, except in accordance with applicable securities laws.
Further information on Nightingale Informatix Corporation is
available at www.sedar.com. Neither the TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release. Nightingale
Informatix Corporation CONTACT: Sharmeen Arafat, Marketing
ManagerNightingale Informatix CorporationTel:
905-307-3617sarafat@nightingalemd.comKristen Dickson, Account
ExecutiveThe Equicom GroupTel: 416-815-0700 ext.
273kdickson@equicomgroup.com
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