Netsmart Technologies Signs Agreements With Three Counties to Provide Behavioral, Public and Environmental Health Technology Sol
February 09 2006 - 8:00AM
PR Newswire (US)
Agreements Reinforce Netsmart's Experience Meeting the Needs of
County Health and Human Services Organizations GREAT RIVER, N.Y.,
Feb. 9 /PRNewswire-FirstCall/ -- Netsmart Technologies, Inc.
(NASDAQ:NTST), a leading provider of enterprise-wide software for
health and human services organizations, today announced that it
has been awarded three contracts totaling $734,500 for software and
services for county behavioral, public and environmental healthcare
organizations. Netsmart signed new agreements with Anoka County
(Minn.) and Montgomery County (Md.), each of which is for a
one-year period and extended its agreement with Clark County
(Wash.) for an additional seven month period. Netsmart will provide
consulting services and software in a phased approach to Anoka
County, Minn., Community Health and Environmental Services that are
designed to help the department use technology to simplify data
collection, improve services to clients, and measure and link
outcomes to care processes and business requirements for both
public health and environmental services. Montgomery County, Md.
selected Netsmart's Avatar software suite for its automated billing
functionality capable of billing all payers, for services provided
to its clients. The county required a solution that met the
specifications as defined by the Health Insurance Portability and
Accountability Act of 1996 (HIPAA), and that provided software
interfaces with DHHS-owned and maintained software applications.
Netsmart will also deliver, install, integrate, test, and train
Montgomery County staff and provide maintenance support for the
Avatar solution. Clark County, Wash., and Netsmart have modified a
contract signed in 2003 to incorporate an additional seven months
of professional services and project management resources. Clark
County utilizes Netsmart's Avatar software suite to provide six
regional support networks (RSNs) with operational, financial and
electronic health record capabilities. Clark County is one of six
RSNs and 30 agencies that comprise the Washington State Consortium,
which utilizes Netsmart solutions. Netsmart furnishes behavioral
health, public health and substance abuse- related software and
services to more than 70 counties nationwide. In November 2005,
Netsmart announced a three-year $4,847,250 software and services
contract with the Hennepin County, Minn. Human Services and Public
Health Department. That agreement expanded upon Netsmart's existing
relationship with Hennepin County, and included licensed software,
on-site product support, project management resources, and
development of interfaces to support new initiatives. Netsmart is a
Premier Corporate Member, Information Technology Committee of the
National Association of Counties (NACo), providing domain expertise
for NACo behavioral, public health, and substance abuse initiatives
that affect counties and their residents nationwide. "We are a
proven implementer of technology solutions for county behavioral
and public healthcare organizations," said Kevin Scalia, executive
vice president of corporate development for Netsmart. "Our strong
commitment extends nationwide and across the spectrum of care, and
we're pleased to add new clients such as Anoka and Montgomery
counties, and continue our work with Clark county to help each of
them achieve their unique technology goals. And, with the
additional focus at the county level on preparedness and
coordination with the department of homeland security, we are
pleased that we are able to provide these important public and
environmental health services to our clients." For more information
about Netsmart Technologies solutions, call 1-800- 421-7503 or
visit http://www.ntst.com/ About Netsmart Technologies, Inc.
Netsmart Technologies, Inc., based in Great River, N.Y., is an
established, leading supplier of enterprise-wide software solutions
for health and human services providers, with more than 1,250
clients, including 30 systems with state agencies. Netsmart's
clients include health and human services organizations, public
health agencies, mental health and substance abuse clinics,
psychiatric hospitals, and managed care organizations. Netsmart's
products are full-featured information systems that operate on a
variety of operating systems, hardware platforms, and mobile
devices, and offer unlimited scalability. Statement on Behalf of
Netsmart Technologies, Inc. Statements in this press release may be
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Words such as
"anticipate," "believe," "estimate," "expect," "intend" and similar
expressions, as they relate to the company or its management,
identify forward-looking statements. These statements are based on
current expectations, estimates and projections about the company's
business based, in part, on assumptions made by management. These
statements are not guarantees of future performance and involve
risks, uncertainties and assumptions that are difficult to predict.
Therefore, actual outcomes and results may, and probably will,
differ materially from what is expressed or forecasted in such
forward-looking statements due to numerous factors, including those
described above and those risks discussed from time to time in
Netsmart's filings with the Securities and Exchange Commission. In
addition, such statements could be affected by risks and
uncertainties related to product demand, market and customer
acceptance, competition, pricing and development difficulties, as
well as general industry and market conditions and growth rates,
and general economic conditions. Any forward-looking statements
speak only as of the date on which they are made, and the company
does not undertake any obligation to update any forward-looking
statement to reflect events or circumstances after the date of this
release. Information on Netsmart's website does not constitute a
part of this release. First Call Analyst: FCMN Contact:
mrussell@csmcorp.com DATASOURCE: Netsmart Technologies, Inc.
CONTACT: Dave Kishler of Netsmart Technologies, +1-614-764-0143,
ext. 7252, or Web site: http://www.ntst.com/
Copyright
Netsmart (NASDAQ:NTST)
Historical Stock Chart
From Jun 2024 to Jul 2024
Netsmart (NASDAQ:NTST)
Historical Stock Chart
From Jul 2023 to Jul 2024