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iMedX Announces Acquisition of National Medical Transcription LLC.
Oct 19, 2011 (03:10 PM EDT)


Expands base of clinic customers

SHELTON, Conn., Oct. 19, 2011 /PRNewswire/ -- iMedX Inc., a leading healthcare software and services company, announced today that it has completed the acquisition of assets from National Medical Transcription LLC. ("NMT").  With this acquisition, iMedX adds NMT's many clinics and solo practitioners in the Mid-Atlantic region of the United States to its customer base.

As a result of this acquisition, iMedX will benefit from an expanded base of clinic customers. NMT's customers will have access to advanced technology through iMedX's Internet-based healthcare information solutions – TurboRecord® electronic medical records, and TurboRx® electronic prescribing. Additionally with iMedX's recent offering enabling EMR implementation through transcription, doctors will remain productive even as EMR's are being implemented.

Venkat Sharma, iMedX's President and CEO, along with the current iMedX management team, will lead the combined companies. NMT's production and operations team will continue to support and grow its loyal customer base as NMT's customers are integrated into iMedX.

"NMT has built a solid company with professional management, providing quality transcription services," said Mr. Sharma. "We are pleased to have the NMT family join iMedX. NMT customers will benefit greatly from iMedX's paperless technology and innovative subscription-based healthcare information solutions, and will progress towards compliance with the new 'meaningful use' requirements placed on electronic medical records."

About iMedX

iMedX is a leading outsource provider of healthcare software and services to hospitals and medical practices throughout the United States. iMedX's innovative Internet-based transcription delivery platform, TurboScribe®, is used by thousands of providers across the country. High quality transcription services are provided through delivery centers in the US and India. iMedX's new TurboRecord® electronic medical record system and e-Prescribing platform, TurboRx®, allow doctors to comply with HIPAA guidelines and minimize costs. iMedX is headquartered in Shelton, Connecticut. For more information, please visit www.imedx.com.

SOURCE iMedX Inc.