BedStat Releases Version Two of Its On-Line Patient Placement Application Using Microsoft .NET.

Business Editors & Health/Medical Writers

ATLANTA--(BUSINESS WIRE)--March 7, 2002

BedStat Inc., a leading provider of web-based patient placement and information exchange systems for hospitals and long-term care facilities, announced today that it has released Version Two of its industry leading application.

This release uses Microsoft .NET technology and is a significant achievement in BedStat's development and brings them much closer to completely automating the patient placement process.

"Version Two is more than a step forward for BedStat. It is a giant leap," said Jase DuRard, Vice President of Sales and Marketing. "This version of our product adds features completely new to the industry. It allows us to further reduce the cost of healthcare by decreasing the average length of stay for placement patients, but also by streamlining the process of locating, communicating with, selecting, and ultimately transferring the patient to an appropriate facility. Each of these makes the work of the Case Manager, Social Worker, or Discharge Planner easier and more efficient."

BedStat is currently expanding its sales and marketing efforts nationally. New features now make entering new territories more cost effective. The system now includes online reporting capabilities, automatic interest referral alerts, multi-fax capabilities, the ability to transfer patient data, and transportation booking designed to increase the turnaround time for connecting hospitals and community care facilities and expediting discharge placement.

BedStat is a leading provider of web-based patient placement systems for hospitals and long-term care facilities. For more information, please visit the company's web site at http://www.bedstat.com.