Netsmart Technologies Signs Agreements With State of Minnesota and State of Hawaii
March 24 2006 - 9:00AM
PR Newswire (US)
Software and Services Intended to Help States Effectively Manage
Delivery of Mental Health and Human Services GREAT RIVER, N.Y.,
March 24 /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 signed contracts totaling $1,137,725 to provide behavioral
healthcare-related software and services to the State of Minnesota
and the State of Hawaii. The State of Minnesota, which has been a
client since 1999, has entered into a one-year extension of an
existing contract for professional services which expands upon
Netsmart's existing relationship with the State of Minnesota for
software and maintenance. That agreement includes growing the
state's use of Netsmart's clinical software solutions at 12 state
facilities, and extending the state's use of Netsmart's Avatar
software suite to the new Avatar Mobile product, which will enable
caseworkers from the State of Minnesota Department of Human
Services to use tablet and laptop computers for case management and
reporting from remote client sites while not connected to the
network. The contract also includes an Electronic Medication
Administration Record (EMAR), which is intended to streamline the
delivery of medications and facilitate the recording of
administration of medications into Netsmart's Avatar Order Entry
module, which the state expects will help reduce medication errors
in the future. It also includes an HL7 interface intended to enable
seamless communication of pharmacy, laboratory and other
information between applications. In addition, the State of
Minnesota will utilize Netsmart consulting services related to the
use of Avatar Clinical Workstation (CWS) software, including
Computerized Physician Order Entry (CPOE). The contract with the
State of Hawaii is for one year with an option to renew each year
for up to five years. It includes upgrading the State of Hawaii
Department of Health's current Behavioral Healthcare Information
System (BHIS) and deployment of Avatar CWS, also with CPOE, and an
option for integration with the division's pharmacy system. The
agreement also includes delivery and installation of Avatar CWS,
training for division staff, and maintenance and support for
Netsmart software and third party products. "We are pleased that
more than 30 state agencies that operate or fund inpatient and
outpatient behavioral and public healthcare systems have selected
us to meet their clinical and practice management software needs,"
said James Gargiulo, executive vice president, clients and
solutions, Netsmart Technologies. "We look forward to providing an
information technology platform that is designed to help the states
of Minnesota and Hawaii serve their citizens with high quality
mental health services." For information about Netsmart
Technology's full range of solutions for health and human services,
visit http://www.ntst.com/ or call 1-800-421-7503. 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 34 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. DATASOURCE: Netsmart Technologies, Inc.
CONTACT: Dave Kishler of Netsmart Technologies, +1-614-764-0143,
Ext. 7252, Web site: http://www.netsmartech.com/
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