Netsmart Technologies Announces Contracts With Four States for Behavioral Healthcare Software and Services
October 18 2006 - 10:00AM
PR Newswire (US)
Implementations Range from Financial Systems to Pharmacy Systems
GREAT RIVER, N.Y., Oct. 18 /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 contracts
totaling approximately $1.9 million over periods of up to three
years for state-level behavioral healthcare software and services
implementations in New York, Hawaii, Idaho and Arizona. As part of
a larger multi-year agreement, Netsmart will continue to provide
ASP hosting services to the State of New York Office of Alcoholism
and Substance Abuse Services (OASAS) in support of the rollout of
the Netsmart Avatar software. The three-year agreement for ASP
hosting is designed to minimize up-front costs and software hosting
and maintenance resource requirements for OASAS. OASAS has
implemented Avatar PM (Practice Management) and Avatar CWS
(Clinician Workstation) to support their day-to-day registration,
billing and clinical documentation needs. In addition to Avatar
software, Netsmart will support OASAS's use of Crystal reports.
Netsmart will provide licensed software, integration tools and
implementation services, including HL7 interfaces, for the MediWare
WORx(TM) medication management system for the State of Hawaii
Department of Health. The MediWare system contract is an amendment
that increases the products and services to be provided under an
existing three-year agreement for a Netsmart- implemented
integrated clinical management system designed to enable the state
to effectively serve behavioral healthcare clients statewide.
Netsmart has entered into an agreement with State of Idaho
Department of Health and Welfare to upgrade the state's current
behavioral health hospital information system software to Avatar PM
and Avatar CWS. The contract includes licensed software,
installation, training, customization and professional services, as
well as Netsmart's RADplus customization tools and HL7 interface to
the pharmacy management system. The Avatar suite of software is
designed to facilitate inpatient operational and clinical processes
at two state mental health hospitals in Idaho. Netsmart has also
entered into a one-year multi-faceted agreement with the Arizona
Department of Health Services. Avatar CWS will be deployed at the
Arizona Community Protection and Treatment Center, joining Avatar
PM as a foundation for the center's operation. The contract also
calls for implementation and data conversion services and the use
of Avatar Mobile for remote caseworker data access. "We're
privileged to serve as the technology partner for more than 30
state systems," said James Gargiulo, Netsmart executive vice
president, Clients and Solutions. "This is even more gratifying
given the stringent selection processes, unique implementation
criteria and specific requirements that vary considerably from
state to state." 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 1,300 clients, including more than 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 Web site does not constitute a part of this release.
WORx is a trademark of MediWare Information Systems, Inc.
DATASOURCE: Netsmart Technologies, Inc. CONTACT: Dave Kishler of
Netsmart Technologies, +1-614-932-6723, Web site:
http://www.ntst.com/
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