
iLIANT Corporation and CBay Systems form strategic alliance
to provide medical transcription services
TAMPA, FL and ANNAPOLIS, MD (May 4, 2004). iLIANT Corporation ("iLIANT"),
a leading provider of software, business outsourcing, and consulting
services for physician practices, and CBay Systems, Ltd. ("CBay"), a
leading provider of healthcare business process outsourcing (BPO) services,
announce a strategic alliance to provide medical transcription services.
Effective immediately, CBay will manage and assume operational responsibility
of iLIANT's North Carolina based transcription clients. A separate Services
Agreement will allow iLIANT to extend CBay transcription technology
and services to its physician clients on an ongoing basis. CBay provides
transcription and information management services to physician groups,
hospitals, integrated health care facility networks, and medical clinics.
iLIANT's transcription clients will benefit from the innovative technology
and medical transcription process tools offered by CBay. CBay's HIPAA-compliant
solutions leverage leading Internet technologies and highly credentialed
transcriptionists to provide easier, more secure, accurate and cost-effective
medical transcription. The iLIANT relationship will benefit CBay by
immediately increasing its customer base as well as opening a new sales
channel through which the company can offer its medical transcription
services.
iLIANT provides comprehensive business support services aimed at leveraging
technology in ways that simplify the physicians' practice. The alliance
with CBay allows iLIANT to remain focused on its core competencies of
providing industry leading IT and business services. "We have experienced
tremendous success in building strong alliances with leading vendors,
like CBay, as a means to provide quality solutions to meet our clients'
needs now and into the future," said Jay Langford, Director of Business
Development for iLIANT. "The strategic alliance with CBay allows our
clients to benefit from cutting-edge technology while continuing to
receive the outstanding quality and service that they are accustomed
to receiving."
Founded in 1998, CBay has shown remarkable growth through product revenue
and acquisition activity. "The iLIANT agreement is a significant validation
of our strategy to lead in the healthcare transcription outsourcing
market through solutions that combine best practices and leading technology,"
says CBay Chairman and Chief Executive Office, V. Raman Kumar.
About iLIANT
iLIANT Corporation provides physician practices with best-of-class software
as well as business outsourcing and management services designed to
raise quality of care and lower costs. With over 700 employees, iLIANT
delivers and integrates popular software, via an Application Service
Provider (ASP) model. The company also provides business outsourcing
and consulting services. Serving more than 2,000 physicians across 32
medical specialties, iLIANT is headquartered in Tampa, Fla., with regional
offices in Jacksonville, Fla.; Winston-Salem, NC; Pittsburgh, Pa.; Suffern,
NY; West Lawn, Pa.; Voorhees, NJ; and San Antonio, TX. More information
can be found at www.iLIANT.com
.
About CBay
Headquartered in Annapolis, Maryland in the US, and founded in 1998,
CBay Systems, Ltd. ( www.cbaysystems.com ) is a leading provider of
healthcare business process outsourcing (BPO) services. CBay provides
transcription and information management services to hospitals, integrated
health care facility networks, medical clinics and physicians. 98% of
CBay's business volume is outsourced to India, which in turn is processed
by 37 of its production centers, spread across the length and breadth
of India. CBay's HIPAA-compliant solutions leverage leading Internet
technologies and the world's most highly credentialed transcriptionists
to provide easier, more secure, accurate and cost-effective medical
transcription. CBay has offices in Mumbai, Bangalore and Hyderabad in
India.