Pharmaceutical Business review

MedQuist Bags Preferred Vendor Contract From Wellmont Health System

MedQuist, a provider of technology-enabled clinical documentation services, has bagged a preferred vendor contract from Wellmont Health System, a provider of health care services, for enterprise medical transcription services, as well as for speech recognition in radiology.

As part of the arrangement, MedQuist will offer employment to Wellmont’s existing transcriptionists.

Truman Esmond, interim CFO of Wellmont, said: MedQuist has the technology and labor capabilities, as well as the ability to mobilize its resources to meet the demands of our Enterprise Transcription project. MedQuist has stepped forward for us, and this is a perfect example of how to win and maintain a customer for a long time.

Peter Masanotti, CEO of MedQuist, said: The Wellmont experience is an excellent example of what we call ‘speed to value.’ MedQuist’s size and scope of resources, coupled with considerable implementation experience in all kinds of settings, allows us to ramp customers more quickly and effectively than others. That shortens the time for customers to realize the savings and return on investment they seek. We are pleased to have helped Wellmont and gratified by their support.