Netsmart Technologies Signs Two New Multiyear Contracts With Michigan Providers With Combined Value of $1.145 Million
07 May 2004 - 11:00PM
PR Newswire (US)
Netsmart Technologies Signs Two New Multiyear Contracts With
Michigan Providers With Combined Value of $1.145 Million Netsmart
is moving forward with its plan to Implement Its Michigan-based
Solutions for Community Mental Health of Ottawa County and the City
of Detroit Health Department GREAT RIVER, N.Y., May 7
/PRNewswire-FirstCall/ -- Netsmart Technologies, Inc. , 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 5-year contract with value of $620,000 for the
Community Mental Health of Ottawa County and a 5-year contract with
the value of $525,000 for the City of Detroit Health Department.
These contracts cover licensing, services and maintenance of
Creative's Avatar and value-add web-based ASP products in a
multi-tiered delivery environment. Creative's CEO, Jerry Koop, said
in a statement: "The Ottawa contract is the first roll-out of an
enterprise system which covers practice management, clinical
records, web-based care management and electronic prescriptions
designed specifically with Michigan in mind." He went on to say,
"The City of Detroit coordinating agencies manages the
authorization of services for all substance abuse providers in the
Detroit area. Creative now has all 13 statewide coordinating
agencies using our CareNet product, totaling over 550 providers."
The unique features of the software solution that are being
provided to Michigan payers and providers are: * Seamless
integration of practice management, clinical records, care
management, and medication management functionality in a
single-entry, easy to use ASP model. * Design specific to Michigan
reporting and billing requirements. * Software services currently
installed in 18 Michigan locations. * Michigan-based software
support team. Community Mental Health (CMH) of Ottawa County offers
comprehensive mental health services to residents of Ottawa County
with mental illness, other psychiatric and emotional disorders, or
developmental disabilities. The county provides service under a
Managed Care contract with the State of Michigan, Department of
Community Health, and a Board of Directors governs the programs and
activities. The City of Detroit Health Department operates a large
public substance abuse coordinating agency in the State of
Michigan. The coordinating agency provides referrals,
authorizations, claims adjudications, and managerial reporting for
the provide agencies within Detroit. James Conway, CEO of Netsmart,
said: "The Michigan market is a significant part of our marketing
and sales plans. We view this new contract as an opportunity and
springboard into other county behavioral health providers and
payors." 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 580 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,
Inc., 1-800-421-7503, ext. 2026, ; or Stuart Fine of Carpe DM,
Inc., +1-908-490-0075, , for Carpe DM, Inc. Web site:
http://www.netsmartech.com/
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