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NTST Netsmart Technologies (MM)

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Share Name Share Symbol Market Type
Netsmart Technologies (MM) NASDAQ:NTST NASDAQ Common Stock
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Netsmart Technologies to Provide Practice and Treatment Management Software and Services to Rosecrance, Inc.

20/12/2006 5:01pm

PR Newswire (US)


Netsmart (NASDAQ:NTST)
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Rosecrance Substance Abuse Treatment Centers to Utilize Netsmart's Avatar Suite of Software and Professional Services GREAT RIVER, N.Y., Dec. 20 /PRNewswire/ -- Netsmart Technologies, Inc. (NASDAQ:NTST), a leading supplier of enterprise-wide software for health and human services organizations, announced today that it has signed a software and services contract totaling more than $500,000 over a one-year period. Based in Rockford, Ill., Rosecrance provides a full continuum of substance abuse prevention, intervention and treatment services to more than 5,000 children, youth, adults and families. Rosecrance will utilize Netsmart's CCHIT Certified(SM) Avatar 2006 software Avatar clinical and management software suite, including Practice Management, Clinician Workstation, RADplus, Order Entry and Mobile. The contract with Netsmart includes licensed software, installation and support services, project management, training and development, and maintenance. "Continued growth in services and clients led us to replace our current system with software that is designed to address our immediate needs and future expansion plans," said Philip W. Eaton, president and CEO of Rosecrance. "Our clinical staff was particularly impressed with the capabilities of the Netsmart software suite, and believes it is an excellent fit for our specific requirements." Rosecrance will also utilize the First Data Bank medications library, which includes drug-to-drug interaction alerts and is integrated with Avatar Order Entry, as well as John Wiley Libraries, which includes complete adult psychotherapy and addiction treatment planning capabilities and is integrated with Avatar Clinical Workstation. "We're pleased to be selected by Rosecrance as their technology partner," said James Gargiulo, Netsmart's executive vice president, Clients and Solutions. "Our selection was based products that are designed to provide a comprehensive range of clinical and practice management solutions, together with a solid track record of meeting the needs of substance abuse agencies across the country." For information about Netsmart Technology's full range of solutions for public health and human services, visit http://www.ntst.com/ or call 1-800-421-7503. About Rosecrance, Inc. Rosecrance is accredited with full standards compliance by the Joint Commission on Accreditation of Healthcare Organizations (JCAHO) and is nationally recognized as a premier provider of treatment services. Rosecrance offers a comprehensive program that addresses substance abuse problems and prepare clients for a successful recovery. Rosecrance offers the following services: prevention education and training, intervention services, detoxification, outpatient and inpatient treatment, partial hospitalization, continuing care, recovery homes for teen girls and mothers with children, job readiness assessment and training, employment opportunities and alumni clubs. Rosecrance can be found at http://www.rosecrance.org/. About Netsmart Technologies, Inc. Netsmart Technologies, Inc., based in Great River, N.Y., is an established, leading supplier of enterprise-wide software solutions for health and human services providers, with more than 1,300 clients, including more than 30 systems with state agencies. Netsmart's clients include health and human services organizations, public health agencies, mental health and substance abuse clinics, psychiatric hospitals, and managed care organizations. Netsmart's products are full-featured information systems that operate on a variety of operating systems, hardware platforms, and mobile devices, and offer unlimited scalability. Avatar 2006 Version 02 is a CCHIT Certified(SM) product for CCHIT Ambulatory EHR 2006. CCHIT is a Recognized Certification Body in the United States for certifying health information technology products -- an independent, not-for-profit organization that sets the benchmark for electronic health records. The U.S. Department of Health and Human Services (HHS) awarded CCHIT a three-year contract in September 2005 to develop and evaluate certification criteria and an inspection process for ambulatory (office and clinic) EHRs, inpatient (hospital) EHRs and the networks through which they interoperate. Avatar is the first behavioral health and substance abuse software to receive CCHIT certification. 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 website does not constitute a part of this release. --Avatar 2006 Version 02 is a CCHIT Certified(SM) product for CCHIT Ambulatory EHR 2006. CCHIT is a Recognized Certification Body in the United States for certifying health information technology products -- an independent, not-profit organization that sets the benchmark for electronic health records. The U.S. Department of Health and Human Services (HHS) awarded CCHIT a three-year contract in September 2005 to develop and evaluate certification criteria and an inspection process for ambulatory (office and clinic) EHRs, inpatient (hospital) EHRs and the networks through which they interoperate." DATASOURCE: Netsmart Technologies, Inc. CONTACT: Dave Kishler of Netsmart Technologies, +1-614-932-6723, Web site: http://www.ntst.com/ http://www.rosecrance.org/

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