Netsmart Technologies Signs Contract With Beth Israel Medical Center for $450,000
15 February 2005 - 3:38AM
PR Newswire (US)
Netsmart Technologies Signs Contract With Beth Israel Medical
Center for $450,000 Netsmart Will Implement Its Avatar Addictions
Management Product in All 18 Methadone Clinics in New York City
GREAT RIVER, N.Y., Feb. 14 /PRNewswire-FirstCall/ -- Netsmart
Technologies, Inc. (NASDAQ:NTST), a leading supplier of
enterprise-wide software for health and human services providers
through its wholly owned subsidiary, Creative Socio-Medics
Corp.(Creative), today announced that it has been awarded a
contract for $450,000 by Beth Israel Medical Center's Methadone
Maintenance Treatment Program in New York City. The contract
includes software licenses and professional services agreements to
install the Avatar AM (addictions management for methadone)
software product in all 18 clinics that are managed by Beth Israel
and is to be performed over a 12-month period. "We are very excited
about the opportunity that Avatar will afford us to tie our 18
clinics and central office together in one application for the
first time. There is no doubt that it will enable us to be more
productive and efficient in the care we provide our patients," said
Charles Jacknow, Assistant Director of Beth Israel Medical Center's
Methadone Maintenance Treatment Program. The Beth Israel Medical
Center operates 18 methadone maintenance treatment clinics that
together serve 6,000 heroin-addicted patients. Located throughout
Manhattan and Brooklyn, the clinics deliver an interdisciplinary
mix of services to patients. These services include basic medical
care, counseling, vocational services, and health education. The
clinics are financed by a blend of state and federal funding and
patient fees. Clinics are all licensed by the DEA, the Center for
Substance Abuse Treatment, and the New York State Office of
Alcoholism and Substance Abuse Services. Additionally, they are
accredited by JCAHO. The Beth Israel network of clinics is the
oldest, and by far the largest methadone maintenance treatment
system in the country. Beth Israel provides 15% of all methadone
treatment in New York State. "We appreciate being part of the
distinguished operation at Beth Israel. This was a competitive bid
against other large software suppliers and we believe that the
selection of our product solutions indicates that they are best
suited to the needs of the medical center," said James H. Gargiulo,
Senior Vice President of Creative. About Netsmart Technologies,
Inc. Netsmart Technologies, Inc. of Great River, NY, through
Creative Socio-Medics, is an established, leading supplier of
enterprise-wide software solutions for health and human services
providers with over 600 clients, including 26 systems with state
agencies. Creative's clients include health and human services
organizations: public health agencies, mental health and substance
abuse clinics, psychiatric hospitals, and managed care
organizations. Avatar Practice Management and the Avatar Clinician
Work Station, Creative's core products, are full-featured
information systems that operate on a variety of operating systems,
hardware platforms, and mobile devices and offer unlimited
scalability. Statement on Behalf of Netsmart Technologies, Inc.
Statements in this press release may be "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Words such as "anticipate," "believe,"
"estimate," "expect," "intend" and similar expressions, as they
relate to the company or its management, identify forward-looking
statements. These statements are based on current expectations,
estimates and projections about the company's business based, in
part, on assumptions made by management. These statements are not
guarantees of future performance and involve risks, uncertainties
and assumptions that are difficult to predict. Therefore, actual
outcomes and results may, and probably will, differ materially from
what is expressed or forecasted in such forward-looking statements
due to numerous factors, including those described above and those
risks discussed from time to time in Netsmart's filings with the
Securities and Exchange Commission. In addition, such statements
could be affected by risks and uncertainties related to product
demand, market and customer acceptance, competition, pricing and
development difficulties, as well as general industry and market
conditions and growth rates, and general economic conditions. Any
forward-looking statements speak only as of the date on which they
are made, and the company does not undertake any obligation to
update any forward-looking statement to reflect events or
circumstances after the date of this release. Information on
Netsmart's or Creative's website do not constitute a part of this
release. DATASOURCE: Netsmart Technologies, Inc. CONTACT: Ron
Marge, Netsmart Technologies, Inc., 1-800-421-7503, ext. 2026, ;
Stuart Fine, Carpe DM, Inc., +1-908-490-0075, Web site:
http://www.netsmartech.com/
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