Precyse Solutions Wins Contract to Provide Medical Transcription Services for Beebe Medical Center.

Business Editors/Health/Medical Writers

KING OF PRUSSIA, Pa. & LEWES, Del.--(BUSINESS WIRE)--Nov. 10, 2003

Precyse Solutions, an industry leader in Health Information Management (HIM) services, today announced that it has been selected to provide medical transcription production services for Beebe Medical Center, one of Delaware's leading hospital facilities. As part of its three-year engagement, Precyse will perform comprehensive medical transcription production services and offer its proprietary PrecyseNet(TM), Internet based medical transcription workflow management platform.

"We're pleased to offer Beebe some quick ways to help them reduce their operating costs while exceeding compliance requirements," said Jeff Levitt, chairman, founder and CEO of Precyse Solutions. "Precyse will help them reduce telecom costs and staffing requirements as well as giving them quicker turnaround to coding and billing," he added.

Precyse Medical Transcription services offers one of the industry's fastest turnaround schedules with its large workforce of highly trained medical transcriptionists and enabling technologies.

"The Precyse team is honored to work with the Beebe team on the implementation of our ASP solution for their dictation and transcription services. Their focus on quality patient care has been evident through every step of the process. We look forward to a very successful partnership," said Pam Goans, Precyse's group vice President and General Manager of the Transcription Division. "In addition to our ability to eliminate capital expense for dictation hardware and service contracts - Precyse has the ability to remove any pricing or line-count ambiguity, which will give Beebe Medical Center greater confidence and understanding in the billings they receive for outsourced transcription services."

"As part of our efforts to continually improve patient safety, timely and accurate medical records is a priority for our Center," said Jeff Fried, president of Beebe Medical Center. "We anticipate Precyse will have a significant impact on our efforts to enhance medical transcription for our patients."

"We were pleased with the quality of Precyse's work and turnaround times, as well as with the ability to easily reconcile their billing statements with the lines produced," said Carol Thomas, RHIA, CCS, director of Beebe Medical Center's Medical Record Department.

Beebe Medical Center, founded in 1916, is a not-for-profit community medical center with a mission to encourage healthy living, prevent illness, and restore optimal health with the people residing, working, or visiting in the communities we serve. The medical center offers a variety of medical services and has almost 200 physicians on its active medical staff. For more information, please visit us online at www.beebemed.org.

About Precyse Solutions

Precyse Solutions is an industry-leading provider of quantifiable, outsourced Health Information Management (HIM) services to U.S. based hospitals and healthcare organizations. Precyse assists its clients in operationalizing their patient information to improve clinical and financial outcomes. With a business presence in 45 states and one of the largest employers of credentialed staff in the country, its services include medical transcription, coding, oncology data management, HIM consulting, interim management and departmental outsourcing special projects such as backlog processing and clerical staffing.

Healthcare providers utilize the company's services to reduce their administrative operating costs, improve cash flows and maintain regulatory compliance. Precyse Solutions is privately held and headquartered in King of Prussia, PA. For more information, contact 1-866-PRECYSE, email [e-mail] or visit www.precysesolutions.com.