Ingenious Med Experiences Impressive Growth in First Quarter 2009
Numerous New Accounts Sign On; Existing Accounts Expand
ATLANTA, GA – June 1, 2009 – Ingenious Med, the leaders in inpatient practice management, announces impressive growth in the first quarter of 2009. The combination of a variety of new clients in addition to customer add-ons continues to drive Ingenious Med’s success in leading the inpatient market.
Ingenious Med originated as a company dedicated to hospitalist revenue-cycle, but has developed into a leader in general practice management functionality within the inpatient market as a whole. IM continues to dominate the hospitalist market while also rapidly expanding its presence in the inpatient sector by adding specialty groups, national health systems, academic organizations and national management companies. IM Practice Manager has proven to work with most inpatient specialties as well as retain its reputation as an enterprise-wide software solution.
In the first quarter of 2009, Ingenious Med added a wide variety of clients including:
Southern Illinois Hospitalist Group in Belleville, Illinois
Virtua Health in Marlton, New Jersey
Overlake Medical Clinics, LLC in Bellevue, Washington
Gwinnett Pulmonary Group in Lawrenceville, Georgia
Upstate Lung & Critical Care Specialists in Spartanburg, South Carolina
Zenith Hospitalists in Las Vegas, Nevada
In addition to a substantial increase in new client sales, the first quarter has also resulted in significant growth from existing clients including numerous additional sites for TSG Resources and Hospitalist Services Medical Group, as well as TeamHealth.
“Building on our strong revenue performance in 2008, we are extremely pleased with our overall growth the first quarter of 2009 alone,” states Hart Williford, Ingenious Med’s CEO. “We continue to dominate the inpatient practice management market with nearly 100% physician product adoption and 97% client retention rates. All of this is due to an excellence in ergonomics, ease of use & enterprise-level client support. We are committed to customer service and providing services that go beyond the normal expectations of a software company. We are aggressively growing our support and development teams in order to achieve our vision of dominating the inpatient market. With all that we are doing, the opportunities are endless for even more aggressive customer expansion.”
About Southern Illinois Hospitalist Group
The Southern Illinois Hospitalist Group provides inpatient care at Memorial Hospital in Belleville, IL, and the group cares primarily for patients who are admitted via the Emergency Department, and do not have a primary care physician on staff. In addition, local physician outpatient practices have developed an alliance with Southern Illinois Hospitalist Group in order to improve the level of inpatient care provided for the outpatient physicians’ established patients. The group’s hospitalist physicians also care for patients at the Memorial Convalescent Center, a 108 bed skilled nursing and rehabilitation center.
About Virtua Health
Virtua Health is a multi-hospital healthcare system headquartered in Marlton, NJ. Its mission is to deliver a world class patient experience through its programs of excellence in women's health, children's health, cancer/oncology, cardiovascular health, neurosciences, orthopedics, surgery and wellness. Virtua employs 7,900 clinical and administrative personnel and has 1,800 physicians as medical staff members. Virtua has distinguished itself as one of the first Six Sigma organizations in health care, as an early adopter of clinical and digital technologies, and for its innovative partnerships with nationally renowned organizations.
About Overlake Medical Clinics, LLC
Overlake Medical Center, located in Bellevue, WA, is a 337-bed medical center distinguished for its cardiac, surgical, cancer and women's services. The hospital treats more than 56,000 emergency patients, 243,000 outpatients and 17,000 inpatients each year, while welcoming more than 4,000 babies into the world. The Overlake team includes approximately 2,300 employees, 875 physicians and over 500 volunteers.
About Ingenious Med, Inc.
Founded in 1999 by a group of practicing inpatient physicians, Ingenious Med is an industry-leading inpatient practice management solution to thousands of users in more than 500 facilities across the United States.
Ingenious Med’s all-inclusive product, IM Practice ManagerTM, is an Internet-based application enabling inpatient physicians to capture charges, optimize documentation, enhance coding and compliance, improve quality of care, increase revenue and communicate digitally. In addition, the program aggregates management data separately from the hospital information system, so individual physician and total department performance can be accurately evaluated. Nationwide, Ingenious Med is the leader in inpatient practice management solutions, supporting all inpatient specialties and practices. For more detailed information on Ingenious Med, visit www.ingeniousmed.com or call 404.815.0862.
Copyright Ingenious Med, Inc. Ingenious Med / 5660 New Northside Drive, Suite 600, Atlanta, GA 30328 / 404.815.0862 / info@ingeniousmed.com
