Company's Cloud-based EMR solution, Nightingale on Demand,
to be deployed in 16 healthcare sites, serving more than 30,000
First Nation Citizens
MARKHAM, ON,
March 27, 2013 /CNW/ - Nightingale
Informatix Corporation ("Nightingale" or the "Company") (TSXV:
NGH), a provider of cloud-based electronic medical record (EMR)
software and related services, today announced that it has signed
an exclusive CDN $3.0 million,
five-year agreement with Giiwednong Health Link (GHL), a health and
information management joint venture between First Nation health
organizations for the communities of Manitoulin Island and the
North Shore of Lake Huron. All
figures are stated in Canadian dollars unless otherwise
indicated.
Under the terms of the agreement, Nightingale will deploy its
cloud-based EMR, Nightingale on Demand, at GHL's 16 healthcare
sites that employ close to 200 healthcare providers and service
more than 30,000 community members. The five-year contract is
expected to contribute a total of $3.0
million in revenue, of which $1.5
million is expected to be recognized in the first year.
Management anticipates deployment to last nine months, starting in
the summer of 2013.
"Implementing solutions to improve both the efficiency and
quality of the healthcare services in our communities is GHL's
primary focus," said Joe Hare, Chief
M'Chigeeng First Nation, a key member of GHL. "Selecting an
EMR provider that best meets the specific needs of our communities
is part of this wider effort. After an extensive due
diligence process, we selected Nightingale because of the Company's
proven track record with Aboriginal health centers and deep
understanding of our unique workflows. We are excited to start our
EMR roll-out with Nightingale. We look forward to providing optimum
health services to our citizens using best-in-class
technology."
"This contract win underscores Nightingale's position as the EMR
partner of choice for community-based health organizations across
Canada, and our growing role in
the emerging Aboriginal market segment, " said Sam Chebib, President and CEO of Nightingale.
"With clients such as the Association of Ontario Health Centres and
Six Nations Health Services, we thoroughly understand the
requirements of community-based healthcare and have developed
features within our application that specifically address these
unique workflow needs. We are excited that GHL has selected our EMR
to streamline the healthcare processes and enhance the care
provided within its communities."
Nightingale's one-patient, one-record™ architecture will allow
GHL healthcare providers to store patient information in a
cloud-based EMR, boasting an average 99.99% up-time rate, which
enables any authorized user to retrieve patient data through a
web-based platform anytime, anywhere. This will increase
consistency across all GHL sites and will improve the effectiveness
of the healthcare programs GHL provides, including clinic-based
care, chronic disease management, community-based care and social
programs.
Nightingale has developed workflow solutions that meet the
specific requirements of Aboriginal healthcare. Aboriginal
communities are faced with the challenge of interconnecting
multiple locations and forms of healthcare, including traditional
healing. Nightingale's EMR provides multiple practitioners with
access to a patient's centrally managed health record, making the
referral and transfer of patients between different sites and
different forms of care much easier. No matter what site the
patient visits or what type of care they have chosen, their
healthcare provider will have access to the same patient data. This
will improve the delivery of care across the multiple disciplines
at GHL and will ultimately lead to a superior patient
experience.
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 and
transcription, 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.ca
About Giiwednong Health Link
Giiwednong Health Link is a health and information management
project between Manitoulin and North Shore First Nation health
organizations. The project is focused on developing an integrated
knowledge base to improve decision making, garner efficiencies and
integrate into larger systems. The focus is on a means to
electronically collect, manage and store health data, as well as
statistics to support programming and reporting.
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.
SOURCE Nightingale Informatix Corporation