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Microcap & Penny Stocks : Integrated Healthcare Systems (IGHS) -- Ignore unavailable to you. Want to Upgrade?


To: MakeAFuss who wrote (78)11/4/1998 4:57:00 PM
From: Alan Boyd  Respond to of 196
 
Here is some news:
RESTON, Va.--(BW HealthWire)--Nov. 4, 1998--Integrated Healthcare Systems, Inc. (OTC Bulletin Board: IGHS - news), a national developer of integrated quality improvement, risk management and case management software systems for the healthcare industry, today announced the signing of an agreement with NAM Corporation (National Arbitration and Mediation) (Nasdaq:NAMC - news). This agreement establishes NAM as the exclusive representative of IGHS for the handling of ADR (Alternative Dispute Resolution) services to the healthcare industry.
Integrated Healthcare Systems president, Alan Grofe, added, ''We have been helping hospitals avoid litigation by managing and reducing risk events and improving the delivery of healthcare. After a comprehensive review of the arbitration industry, we are pleased to add NAM's ADR capabilities to our Risk Management System ''
Roy Israel, president of NAM, stated ''The new alliance holds great potential for both NAM and IGHS. It will provide IGHS with a source for clients who are interested in exploring a quicker, more cost effective alternative to the court system. With more than 900 top-tier judges distinguished by their outstanding ability to resolve disputes in a private forum, we are uniquely able to provide the healthcare industry with a wide selection of highly accomplished judges with related expertise.''
NAM Corporation provides alternative dispute resolution services principally to insurance companies, law firms, corporations and municipalities. Headquartered in Great Neck, New York, the Company has offices in South Carolina, Tennessee, Massachusetts, Pennsylvania, Illinois and hearing officers and conference facilities nationwide.
Integrated Healthcare Systems, Inc. designs, develops, markets and maintains integrated quality, risk and case management systems for the healthcare industry. The Company's systems are helping hospitals all over the country build focused quality improvement and risk reduction programs by identifying inconsistent elements and trends, and in developing effective process improvement strategies. With the DataQual for Windows System, an integrated suite of independent systems and modules is available for Quality Management, Risk Management, Staff Credentialing, Case/Utilization Management and Infection Control. Integrated Healthcare Systems, Inc. is a publicly owned company traded on the OTC Bulletin Board under the symbol -- IGHS.
For more information visit Integrated Healthcare Systems web site at integratedhealthcare.com and NAM's web site at namadr.com.
This announcement may contain, in addition, to historical information, certain forward-looking statements that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.

I am a GBIT holder watching IGHS.
Alan