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Webmedx, Inc. Acquires M-TEC.

Leading Medical Transcription Outsourcing Firm Demonstrates Aggressive Industry Workforce Development Commitment by Entering Clinical Documentation Education Sector

ATLANTA -- Atlanta-based medical documentation services provider Webmedx announced today that it has acquired Medical Transcription Education Center, Inc. (M-TEC), the leading provider of distance learning and education programs for the medical transcription market. In 2005, M-TEC was the first program approved by the Approval Committee for Certificate Programs (ACCP), a joint committee established by the Association for Healthcare Documentation Integrity (AHDI) and the American Health Information Management Association (AHIMA). The acquired company will operate as a wholly-owned subsidiary and remain located in Fairlawn, Ohio.

M-TEC's executive team of Susan Francis, President and Kathy Kropko, Chief Operating Officer will continue to run the business. "M-TEC has an industry-best reputation for a reason. We plan to build on this and assist the management team and their accomplished staff in meeting the expanding needs of the clinical documentation market," says Sean Carroll, Webmedx CEO.

"It has been proven that a solid education is the catalyst for a productive and effective workforce. M-TEC's history of successfully training medical transcriptionists, matched with the Webmedx standard of excellence, will promote an even greater job-ready learning environment. We are excited about the opportunity to work together to offer the highest quality training and support for the medical documentation industry as a whole. We believe this joint effort will benefit students, graduates, and employers for years to come," Susan Francis, CMT, AHDI-F.

Carroll stated M-TEC will continue to work closely with trade and professional associations in the sector to develop innovative educational and training programs that are relevant. He further committed that the company will continue to produce the highest quality graduate possible and promote employment opportunities broadly across all employers.

"Our strong belief is that new roles and related skills must emerge in today's workforce to augment the obvious progression of technology," Carroll states. "M-TEC has the talent and experience to lead this charge within our sector. It's a natural business combination. Both companies share a dedication to providing top-shelf products and services and have genuine interest in the industry's future," he said. "Aligning quality with quality always makes sense."

About Webmedx

Webmedx, Inc. is the premier supplier of medical documentation services for hospitals and clinics nationally. The company designs and implements customer-centric documentation solutions using the most credentialed domestic workforce in the industry and its own enterprise-class, intelligent speech recognition and content management technology platforms to deliver the highest-quality clinical documentation possible supporting patient care and safety.

About M-TEC

Founded in 1996, M-TEC has raised the bar on education for the medical transcription industry, offering a solid distance education program that incorporates and surpasses the AHDI Model Curriculum requirements for training. The first ACCP-approved (AHDI/AHIMA) school, M-TEC believes that a solid education will help open doors for better jobs for students and a better workforce environment for the industry. Graduates of this program are sought after by employers and are moving on to become service owners, association leaders, and educators within the MT community. Recipient of the MTIA 2008 Industry Support Award for excellence, M-TEC was recognized for their support for the medical transcription industry. M-TEC is approved by the State Of Ohio Board Of Career Colleges & Schools #97-04-1463T.
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Publication:Business Wire
Date:Oct 15, 2008
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