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Microcap & Penny Stocks : AMSI- Apache Medical Systems

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To: musicguy who wrote (18)7/19/1998 1:00:00 PM
From: Ellen  Read Replies (1) of 33
 
Well, it looks like AMSI is undertaking serious steps to improve the business end of their company - the new CEO being a major factor, IMO. They also appear to have been working on this area - restructuring - since late last year.

With the upcoming symposiums, conferences, etc. in which they will present the cost-savings programs they offer, that could greatly add to their exposure within their target market. It will be interesting to see what results are from those.

I was really surprised to see who some of their clients are: Duke Medical; Baptist Hospital in Winston-Salem, NC; Baptist Hospital in Miami; the CDC - Center For Disease Control; etc. It's actually pretty impressive.

The large past losses are a puzzle to me with all they seem to have going for them. But, as said, they do appear to have grabbed the bull by the horns for business-end improvement. The systems they offer are obviously well-received and utilized.

At apache-msi.com there is info on the savings realized by Baptist Hospital in Miami as an example. Also, there are comments from other users:

"We found the APACHE Benchmarking process uniquely useful. It gave us an analytical perspective on ICU practices that should help us more effectively use resources."

- Vice President, Operations
North Carolina Baptist Hospital

"The APACHE system will help us to improve quality and reduce costs, and give us an edge in our very competitive environment."

- Hospital Administrator,
Kaiser Foundation Hospital

"APACHE allows us to look at our patient outcomes in an entirely new way."

- Vice President,
Baptist Hospital of Miami

"The APACHE Benchmark Study gave us our first truly severity-adjusted performance information for our critical care units. This information not only identified our strengths and weaknesses, but gave us new ideas about critical care utilization that helped us to establish a rational basis for utilization of our ICU beds."

- Cardiovascular Clinical
Nurse Specialist
Sarasota Memorial Hospital

"Combining the APACHE system with our existing medical expertise will help us provide quality care, monitor patient outcomes, and match patient needs and resources as we move into a managed care market."

- Assistant Professor of Anesthesiology/
Critical Care Medicine
University of Pittsburgh
Medical Center
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