FYI: Monday November 23, 1:33 PM (EST)
fonix Announces New Sales of PowerScribe Radiology Dictation/Transcription Systems
BOSTON (Nov. 23) BUSINESS WIRE -Nov. 23, 1998-- Award-Winning PowerScribe Radiology Speech Recognition System Reduces
Costs, Saves Time, Improves Efficiency
fonix corporation (NASDAQ:FONX), the innovation leader in human computer interaction technology, today announced significant new orders for the PowerScribe Radiology dictation/transcription system. fonix is pleased to welcome the following accomplished medical facilities to our expanding and diversified customer base: Mercy Hospital and Fallon Medical Center in Massachusetts; Henry Ford Medical Center, Michigan; St. Louis University, Missouri; SUNY Stonybrook, Jamaica Hospital and Parkway Hospital in New York; Charlotte Hungerford Hospital, Connecticut; and Mary Washington Hospital in Virginia. These facilities join a rapidly growing list of leading healthcare organizations standardizing on PowerScribe for their radiology dictation and transcription needs.
"It is estimated that $6.6 billion will be spent on medical dictation/transcription services this year and we're pleased fonix' PowerScribe Radiology is rapidly being integrated into the cost savings model of healthcare organizations around the country," said Chairman Stephen M. Studdert. "fonix is pleased with our acceptance into this exciting and lucrative market."
PowerScribe products including, Radiology and Emergency Medicine, rapidly captures, transcribes and manages dictated clinical information across a hospital's network. By combining advanced continuous speech recognition technology with state-of-the-art digital dictation capabilities, PowerScribe provides healthcare organizations with cost savings, faster report turnaround time and other benefits without sacrificing physician acceptance or transcription accuracy. With PowerScribe, users can dictate their reports directly into text, edit, approve and sign them all within a matter of minutes. Once their reports are dictated, physicians can have them automatically transmitted to various hospital and/or departmental information systems via industry standard protocols.
"These healthcare organizations have selected the PowerScribe solution for all of their radiology dictation and transcription needs because they recognize the importance of fast, reliable and accurate speech recognition systems as a key to decreasing operating costs and improving their level of service," said Peter Durlach, executive vice president of the fonix healthcare solutions division. "Furthermore, our PowerScribe systems' ability to automatically transmit dictated reports to various radiology and hospital information systems was crucial to providing a complete solution for their information needs." |