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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/