Netsmart Technologies Signs Leading Psychiatric Health System
20 August 2005 - 12:00AM
PR Newswire (US)
Netsmart Is Awarded St. Joseph's Hospital Health Center Contract
GREAT RIVER, N.Y., Aug. 19 /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), announced today that Creative has been awarded a
contract with St. Joseph's Hospital Health Center in Syracuse, New
York. The first year value is $472,000, covering licensing and
first year maintenance of Creative's Avatar ensemble of products.
James Gargiulo, Senior Vice President of Netsmart, said: "The St.
Joseph's Hospital Health Center award furthers our strategic plan
to grow our base of psychiatric health systems." He went on to say,
"St. Joseph's is a leader in the treatment of psychiatric problems
for individuals in the upstate New York region. We are proud to
have them join our growing list of hospital clients throughout the
United States." St. Joseph's Hospital Health Center provides a full
range of inpatient and outpatient services for area residents of
all ages. Funded and accredited in cooperation with the Onondaga
County Department of Mental Health and the New York State Office of
Mental Health, St. Joseph's subscribes to patients' continuity of
treatment by teams of professionals through its comprehensive
programs. It is a state designated Community Health Center. A
30-bed inpatient unit is available for individuals with acute
mental illness who require specialized care in a protective,
structured environment or who have emotional problems with
accompanying medical conditions. Treatment is provided for patients
who are diagnosed as having major thought disorders, including
schizophrenia and major affective disorders including depression
and bi-polar. Treatment of these illnesses includes psychotherapy,
group therapy, family therapy, behavior therapy and medication
therapy. A team of psychiatrists, nurse practitioners,
psychologists and social workers, along with skilled nurses and
paraprofessionals, provides comprehensive outpatient psychiatric
services. Treatment includes individual psychotherapy, group
therapy and medication therapy combined with family and vocational
counseling. James Conway, CEO of Netsmart Technologies stated, "We
are extremely pleased to have added St. Joseph's Hospital Health
Center to our growing client base. Our dedication to providing the
best products and services to our customers has been critical to
our success. We believe that the award of this new contract is
proof of the effectiveness of our efforts." 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
of Netsmart Technologies, 1-800-421-7503, ext. 2026, ; or Stuart
Fine of Carpe DM, Inc., +1-908-490-0075, , for Netsmart
Technologies Web site: http://www.netsmartech.com/
Copyright
Netsmart (NASDAQ:NTST)
Historical Stock Chart
From Jun 2024 to Jul 2024
Netsmart (NASDAQ:NTST)
Historical Stock Chart
From Jul 2023 to Jul 2024