Partners Offer Hospitals Automated Information Capture/Storage Solution
DALLAS, Feb. 24 /PRNewswire-FirstCall/ -- SOURCECORP (Nasdaq: SRCP) a
leading provider of business process outsourcing solutions and Standard
Register (NYSE: SR) a leading provider of information solutions, announce the
launch of a major joint initiative. This initiative is targeted at the
hospital marketplace with the goal of improving the cumbersome, error-prone
tasks associated with patient records information capture, storage and
retrieval.
This strategic initiative combines offerings of each company to streamline
current processes, enabling healthcare clients to realize greater work
efficiencies, decrease error rates, increase productivity and quality, and
improve compliance with government and industry regulations.
"Valuable and private patient data requires precious handling. Patient
data needs to be held securely, while remaining easily accessible to all
caregivers," stated Standard Register Executive Vice President and Chief
Operating Officer Peter A. Dorsman. "For decades, Standard Register has
assisted healthcare providers in creating documents to better manage patient
information and care. This alliance will broaden our capability to address
their needs and significantly improve the way healthcare providers manage
information."
SOURCECORP will capture medical records information and digitally store it
on the company's proprietary Web-based repository FASTRIEVE(TM). Authorized
users will be able to electronically search and rapidly retrieve patient's
digital files -- anytime, anywhere. When used with Standard Register's
Patient Link-Up Enterprise (PLUE), an electronic output management solution,
users will be able to send data to appropriate printers, faxes and PCs. PLUE
will deliver hard copies, electronic forms and e-mail messages in the exact
format needed by users.
"Standard Register's PLUE, in tandem with SOURCECORP's secure data capture
and FASTRIEVE image repository, offers authorized doctors, nurses and other
caregivers secure access to patient data from any authorized workstation,"
said Kerry Walbridge, president, SOURCECORP's Business Process Outsourcing
Division. "This combination of offerings gives healthcare providers the tools
and services necessary to convert multiple information and data formats into a
single, common data source to easily access patient records. We are pleased to
add Standard Register as a complement to our nation-wide direct sales
channel."
About Standard Register
Standard Register is a leading information solutions company, with more
than 90 years of innovation in improving the way business gets done in
healthcare, financial services, manufacturing and other industries. The
company helps organizations increase efficiency, reduce costs, enhance
security and grow revenue by effectively capturing managing and using
information. Its offerings range from document and label solutions to e-
business solutions to consulting and managed services. More information is
available at http://www.standardregister.com
About SOURCECORP(R)
SOURCECORP, Incorporated provides business process outsourcing solutions
to clients throughout the U.S. SOURCECORP focuses on business processes in
information-intensive industries including healthcare, legal, financial
services, government and transportation & logistics. Headquartered in Dallas,
the Company has offices in 24 states and operates in approximately 40 states,
Washington D.C., Mexico and both domestically and far offshore through
alliances.
SOURCECORP is a component of both the S&P SmallCap 600 Index and the
Russell 2000 Index. The Company has been cited among the Top 100 Hot Growth
Companies by BusinessWeek magazine. SOURCECORP has also been recognized twice
by Forbes magazine as one of the 200 Best Small Companies, based on return
equity, sales growth, and EPS growth, and by FORTUNE magazine as one of
America's 100 Fastest Growing Public Companies. For more information
about SOURCECORP's solutions, including case-study examples, visit
the SOURCECORP website at http://www.srcp.com
The statements in this press release, which are not historical fact, are
forward-looking statements that involve risks and uncertainties, which could
cause actual results to differ materially from such forward-looking
statements. These forward-looking statements include, but are not limited to,
any financial estimates and projections included in this press release and the
Company disclaims any intention or obligation to update or revise such
estimates or forecasts, except as required by law. The aforementioned risks
and uncertainties include, but are not limited to, the risks of integrating
our operating companies, of managing our growth, of the timing and magnitude
of technological advances, of the occurrences of future events that could
diminish our existing customers' needs for our services, of a change in the
degree to which companies continue to outsource business processes, of the
impact to margins resulting from a change in revenue mix as well as the risks
detailed in SOURCECORP's filings with the Securities and Exchange Commission,
including without limitation, those detailed under the heading "Risk Factors"
in the Company's most recent annual report on Form 10-K. SOURCECORP disclaims
any intention or obligation to revise any forward-looking statements,
including financial estimates, whether as a result of new information, future
events, or otherwise, except as required by law.
SOURCE SOURCECORP
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Related links:
http://www.srcp.com
http://www.standardregister.com
Company News On-Call:
http://www.prnewswire.com/comp/117986.html
CONTACT:
Julie McEwan, Public Relations Manager of
Standard Register, +1-937-221-1825, or
julie.mcewan@standardregister.com ; or Mary Leos, Director,
Corporate Marketing & Communications of SOURCECORP,
+1-214-740-6907, or maryleos@srcp.com
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