ASP Software offers hosted healthcare transcription solution.

Press Release Summary:



ChartScript® ASP uses deferred speech recognition engine that produces ready to edit drafts for transcriptionists and includes SyncStream(TM) language processing tool that assembles document text according to facility's standards. Hosted by hospital using web-server environment, ChartScript.Net(TM) allows transcription work to occur remotely. Both products offer keyboard shortcuts, standard word processing function keys, data select vs data entry, and integrated voice playback.



Original Press Release:



SoftMed Systems Announces Hosted Solution for Transcription, Speech Recognition and Computer-Aided Medical Transcription



SAN DIEGO, Feb. 13 / -- SoftMed Systems, a leading provider of healthcare information solutions, today announced the release of ChartScript(R) ASP, a hosted solution for transcription, speech recognition and computer-aided medical transcription. ChartScript ASP enables healthcare facilities and transcription providers to take advantage of the latest in transcription technology without the resource expense and capital investment costs of maintaining a large transcription portal and speech recognition server. Additionally, in a hosted environment, the investment costs can be shared among multiple enterprises.

Today, healthcare facilities are faced with rising transcription costs, a shrinking labor pool of transcriptionists, and increased documentation demands. ChartScript ASP is designed to help facilities maximize transcription productivity, reduce costs and turnaround time, and improve transcription quality and accuracy with deferred speech recognition. The cost-effective solution allows hospitals to augment their transcription services without large upfront costs and the ongoing IT support costs associated with owning technology. The product can be utilized by in-house transcriptionists or outsourced transcription services.

ChartScript ASP uses a deferred speech recognition engine that produces "Ready to Edit" drafts for transcriptionists. The speech recognition engine incorporates SoftMed's patent-pending SyncStream(TM) technology, a tool designed to boost productivity of computer-aided medical transcription. SyncStream is a natural language processing tool that automatically assembles document text according to a facility's specific standards. SyncStream further assists transcriptionists by formatting speech recognition results into a document that looks and feels like a traditionally transcribed document. In addition, SoftMed's deferred speech recognition solution requires no change in physicians' preferred dictation habits.

"ChartScript ASP offers facilities a no-risk solution to improve transcription production and document creation," said Don Segal, CEO of SoftMed Systems. "SoftMed is committed to developing products that leverage technologies to reduce costs and improve operational efficiencies and data accuracy for patient care documentation."

In addition to ChartScript ASP, SoftMed offers ChartScript.Net(TM), a Web browser-based document creation tool. ChartScript.Net is hosted by a hospital using their web-server environment, which allows transcription work to occur remotely. ChartScript ASP and ChartScript.Net feature productivity-focused medical transcription tools, including: keyboard shortcuts to reduce keystrokes, standard word processing function keys, data select versus data entry, and integrated voice playback. Both solutions also create automatic "speaker profiles" from past dictation and transcription results.

"SoftMed now offers the most complete range of options in the marketplace to manage transcription costs," said Segal. "Healthcare facilities of all sizes have the option of a tailored solution that meets their speech recognition and CA-MT needs, in either a hosted or non-hosted environment."

ChartScript ASP and ChartScript.Net integrate with ChartScript(R), SoftMed's document management and distribution product and VoiceScript(R), a voice management system that supports and automates all dictation technologies. Both solutions can also integrate with ChartFax(R), for document distribution; ESA(R), for online document signature; RAAS(R) DL, for extended document storage; ChartView(R), which enables document viewing from any location; and third-party voice acquisition tools.

About SoftMed Systems, Inc.
SoftMed Systems, Inc. is the focused expert in delivering top-ranked healthcare information solutions. With over 2000 customers, SoftMed enables healthcare providers to enhance their operations, shorten their revenue cycle, improve patient care and achieve an electronic health record solution. Recognized for superior integration with all major IT vendors, SoftMed supports its customers' goals of expediting chart completion, ensuring accurate and timely reimbursements, expediting document imaging, streamlining document creation, and maximizing payor compliance and organizational quality.

In business for more than 20 years, SoftMed's products are found in nearly one-third of the facilities on "America's Best Hospital Honor Roll"(1) and almost two-thirds of the Hospitals & Health Networks "100 Most Wired."(2) Nearly half of the hospitals on Solucient's "100 Top Hospitals" list are SoftMed facilities while half of the "Top 10 Most Connected Healthcare Facilities"(3) use SoftMed solutions. SoftMed achieved top ratings and overall scores by KLAS for the dictation, transcription and speech recognition market segments and is ranked highest by MD Buyline for its dictation solutions. For more information go to http://www.softmed.com/.

(1) US News and World Report, July 2005; (2) H&HN, July 2005, (3) Health Imaging, September 2005. Products and services that are referred to in this press release are trademarks, registered trademarks, or service marks of their respective owners.

CONTACT: Jennifer Mandel of SoftMed Systems, +1-202-422-7715, jmandel@softmed.com

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