Press Releases
CBay Systems and eScription form Service Alliance
eScription and CBay will join efforts to offer a full range of software and transcription services
Annapolis, MD - August 27, 2007 — CBaySystems
and Services, Inc., a leading global provider of transcription, BPO
services and technology, and eScription, Inc., a leader in Computer
Aided Medical Transcription, announced today their recent business alliance
which will expand both companies service offerings in the medical transcription
field.
eScription’s enterprise- wide software is designed to streamline medical transcription and reduce costs. CBaySystems is dedicated to offering full-serviced transcription to hospitals, healthcare networks, and medical clinics. ”This win-win partnership will offer customers an end-to-end transcription solution including broader services and additional value, stated Christopher Foley, President, CBaySystems and Services, Inc.
Both companies are dedicated to improve the quality and speed of medical transcription, while saving hospitals and physician practices time and money. eScription has accomplished this through their proprietary speech recognition engine, EditScript creates formatted draft documents from clinicians’ dictations, which medical transcriptionists (MTs) subsequently review and edit, often doubling their productivity. CBay continues to excel in the area of transcription services through proper management and execution of the medical transcriptionists workflow.
“We are excited to be joining efforts with CBay. The combination of CBay’s enormous transcription capacity and eScription technology will deliver significant value to our joint customers.,” said Ben Chigier, CEO of eScription.
CBaySystems provides full-service medical transcription services and technology to thousands of leading hospitals, healthcare networks, medical clinics, and physician practices, including some of the most prestigious institutions in the world. eScription computer aided medical transcription technology is currently being used organization-wide across numerous specialties and work types.
“CBay and eScription share a similar mission,” says Foley.
“Improving the quality
and speed of medical transcription, while saving hospitals and physician
practices time
and money.”
About eScription
eScription, Inc. is a pioneer and leader in Computer Aided Medical Transcription (CAMT). The company’s software is based on the simple premise that it is faster to edit than to type. With its solution deployed enterprise-wide at healthcare organizations throughout the United States, eScription is helping streamline processes, speed turnaround time, and save costs of medical transcription, without interfering with clinician workflow. For more information, visit www.escription.com.
About CBaySystems
CBaySystems is a leading provider of medical transcription and healthcare technologies to large hospitals, healthcare networks and physician practices throughout the United States and has a growing presence as a provider of patient financial services to hospitals and hospital-based physician practices in the United States. The company utilizes secure Internet technologies combined with its global-based delivery model to deliver its service and product offerings to healthcare providers.
Since it was founded in 1998, CBaySystems has been acknowledged by some of the industry’s leading publications and ratings institutions, including Forbes.com — Ten to Watch, Healthcare Informatics 100, Deloitte Technology Fast 500, and Inc. Magazine —One of the Fastest Growing Privately Held Companies in America.
CBay is headquartered in Annapolis, MD, and Atlanta, GA. CBaySystems
Holdings Ltd joined the AIM market of the London Stock Exchange on June18,
2007 and trades under the ticker symbol CBAY. For more information,
visit www.cbaysystems.com.
For additional information, please contact:
Stacey Cassidy
Director of Marketing
410.940.6900 x 3195
scassidy@cbaysystems.com