APACHE Medical Systems Board Of Directors Buys Stock On Open Market; Action Taken As An Expression of Board's Confidence In Company's Future.McLEAN, Va.--(BUSINESS WIRE)--March 17, 1998--APACHE Medical Systems, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AMSI AMSI Australian Mathematical Sciences Institute AMSI Ambient Surround Imaging AMSI Atlantic Merchant Shipping Instructions AMSI Ameritech Message Signal Interface ), a leading provider of decision support and disease management products and services, today reported that, following the release of the Company's fourth quarter and 1997 year-end results, each of its Directors and key senior executives have purchased shares of the Company's stock. Thomas W. Hodson, Chairman and Acting Chief Executive Officer, said, "With the Board of Directors playing an increasingly active role in the affairs of the Company during a transition to new management leadership, we thought it particularly important that the Board reaffirm re·af·firm tr.v. re·af·firmed, re·af·firm·ing, re·af·firms To affirm or assert again. re our confidence in, and commitment to APACHE's long term success. We hope this action clearly communicates this message to stockholders while ensuring an even closer alignment of our mutual interests." The APACHE family of companies combines evidence-based medicine evidence-based medicine Decision-making 'The use of scientific data to confirm that proposed diagnostic or therapeutic procedures are appropriate in light of their high probability of producing the best and most favorable outcome'. See Meta-analysis. and knowledge-based consulting to deliver tools and techniques for clinical, financial, and operational performance improvement across the continuum of care. APACHE's data-driven solutions provide a strategic "blueprint" for performance improvement, helping providers and healthcare organizations to improve variations in practice patterns and reduce clinical costs. APACHE patient management products and services give clients real-time, risk- adjusted clinical and financial information they need to manage care, especially for high-risk, high-cost patients. Health Outcomes Research provides clinical trial design services, research support for product marketing, and disease management programs. National Health Advisors focuses on strategy and management support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services to improve the performance of hospitals and integrated delivery systems integrated delivery system Integrated provider Medical practice A coordinated health care system formed by physician groups and hospitals which ↑ efficiency and ↓ redundancy in providing health care; IDSs coordinate delivery of a broad range of health . Worldwide, over 600 healthcare organizations have used APACHE products and services to measure, monitor, and manage change. CONTACT: APACHE, McLean Violet violet, common name for some members of the Violaceae, a family of chiefly perennial herbs (and sometimes shrubs, small trees, or climbers) found on all continents. L. Shaffer, Vice President of Marketing 703/847-1400 |
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