DAOU Systems Inc. Announces Don Myll as New Chief Financial Officer.SAN DIEGO--(BW HealthWire)--Sept. 21, 1999-- DAOU Systems Inc. announced today that Don Myll has joined DAOU Systems Inc. as new executive vice president and chief financial officer, effective immediately. Myll was most recently CFO See Chief Financial Officer. and key part of the leadership team for TheraTx, a successful publicly traded healthcare service company focused on rehabilitation rehabilitation: see physical therapy. , post acute and long term care. TheraTx was known for its strong information technology systems that supported the company's rapid growth to $400 million in annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. revenues in seven years. Larry Grandia, chief executive officer and president of DAOU stated, "I am delighted to welcome Don to the DAOU team. He is a seasoned healthcare executive, with extensive public company, financial market and strategic leadership experience. We are looking forward to Don contributing greatly to the Sr. Management team and to being a tremendous asset." Myll stated, "I am excited about DAOU's opportunities. I have spent significant time with the management team and believe that Larry Grandia has put together an organization prepared to prosper with the right IT solutions for the healthcare customers we serve." DAOU Systems Inc. is a provider of integrated Information Technology (company) Integrated Information Technology - (IIT) A Santa Clara based company producing a programmable, single chip H.261 and MPEG system. The chip contains a RISC processor, originally based on the MIPS architecture but now called RISCit, and a "Pixel Processor". (IT) solutions and services to the U.S. healthcare U.S. Healthcare is a now-defunct healthcare company. The logo had an apple. The merger with Aetna In 1996, the company merged with Aetna, calling it Aetna U.S. Healthcare. The U.S. Healthcare apple logo was next to the Aetna name, and U.S. Healthcare under it. U.S. industry. DAOU's capabilities range from up-front strategic consulting to IT system design, implementation and long-term tactical support. DAOU's IT offerings include data, voice and video networking, applications consulting and implementation, as well as operational and Internet solutions. DAOU has nearly 800 employees, and has provided services to more than 1,300 healthcare organizations, including many of the nation's top 100 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 . DAOU's clients include organizations such as the Cleveland Clinic Cleveland Clinic (formally known as the Cleveland Clinic Foundation) is a multispecialty academic medical center located in Cleveland, Ohio, USA. Cleveland Clinic was established in 1921 by four physicians for the purpose of providing patient care, research, and medical , Catholic Healthcare West Catholic Healthcare West (CHW) is a California not-for-profit public benefit corporation that operates hospitals in California, Arizona, and Nevada[1]. As such, it is exempt from federal and state income taxes. , University of Chicago and Saint Barnabas Health Care. More information about DAOU Systems can be found at www.daou.com on the World Wide Web. Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve numerous risks and uncertainties. The company's actual results could differ materially from those projected in such forward-looking statements and will depend upon a number of factors, including those discussed in the company's filings with the Securities Exchange Commission and other press releases of the company. |
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