Netsmart Technologies Signs $2,900,000 Upgrade Contract With the State of Tennessee
July 20 2005 - 9:00AM
PR Newswire (US)
Netsmart Technologies Signs $2,900,000 Upgrade Contract With the
State of Tennessee Netsmart to Implement Its Avatar Suite of
Products and Third Party Solutions GREAT RIVER, N.Y., July 20
/PRNewswire-FirstCall/ -- Netsmart Technologies, Inc.
(NASDAQ:NTST), a leading supplier of enterprise-wide software for
health and human services providers through its wholly owned
subsidiary, Creative Socio-Medics (Creative), today announced that
Creative has been awarded a $2,900,000 five-year contract by the
Tennessee Department of Mental Health and Developmental
Disabilities (MHDD). The contract includes software license,
professional services, and maintenance agreements to install the
Avatar suite of human services software, specifically the Avatar
practice management, computerized physician order entry (CPOE), and
electronic medical records. Also included in this contract is the
purchase of a pharmacy information system that will be interfaced
to Avatar. James Gargiulo, Senior Vice President of Creative said,
"This upgrade contract shows the strength of our Avatar suite of
products for statewide and county human services information
systems. Creative's technology, product strategy and commitment to
a long-term partnership were the strongest factors that convinced
the State of Tennessee to upgrade with us." The Department of
Mental Health and Developmental Disabilities (DMHS) provides and/or
contracts for treatment and support services, particularly those
services that complement mental health services provided by
TennCare, for adults with a mental illness and children with a
serious emotional disturbance, and for developmental disabilities
clients. The department is responsible for: * Regulatory oversight
to ensure that state planning and policies reflect current business
practices and treatment options. * Competency to stand trial and
insanity defense evaluation and treatment services for individuals
involved in the criminal justice system; mental health evaluation
for children involved in the justice system. * Activities that
support the development of housing options for adults with a mental
illness. * Activities that promote interagency collaboration in
planning and implementing services for children with serious
emotional disturbance. * Support of consumer and family run
programs that provide mental health education, support and
advocacy. * Pre-Admission Screening and Annual Resident Review
(PASARR) for persons seeking admission to a nursing home. *
Interstate and inter-facility transfers. * Administration and
oversight of state and federal funds allocated for mental
health/mental retardation services. * Facilitation of the Statewide
and Regional Mental Health Planning Councils' activities. DMHS
oversees and monitors the five regional mental health centers
(RMHIs) which provide in-patient psychiatric services to persons
with serious mental illness. DMHS monitors the RMHIs for quality,
based on the standards and requirements of the Joint Commission on
Accreditation of Healthcare Organizations (JCAHO),
Medicaid/Medicare, the U.S. Department of Justice and Tennessee law
and regulations. All RMHIs have been fully accredited by the JCAHO
since 1978. "We continue to execute our plan to achieve success in
the health and human services marketplace. This contract
demonstrates our ability to participate in substantial engagements
that separate our company from our competitors in the MHDD
marketplace. We fully expect to satisfy client demand by providing
the best solutions and services available in this sector" said
James Conway, CEO of Netsmart Technologies, Inc. About Netsmart
Technologies, Inc. Netsmart Technologies, Inc. of Great River, NY,
through Creative Socio-Medics, is an established, leading supplier
of enterprise-wide software solutions for health and human services
providers with over 600 clients, including 26 systems with state
agencies. Creative's clients include health and human services
organizations: public health agencies, mental health and substance
abuse clinics, psychiatric hospitals, and managed care
organizations. Avatar Practice Management and the Avatar Clinician
Work Station, Creative's core 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 or Creative's website do not constitute a part of this
release. DATASOURCE: Netsmart Technologies, Inc. CONTACT: Ron Marge
of Netsmart Technologies, +1-800-421-7503, ext. 2026, ; or Stuart
Fine of Carpe DM, Inc., +1-908-490-0075, Web site:
http://www.netsmartech.com/
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