MedQuist Holdings Adds Solutions Management Leader

MedQuist Holdings Inc. (NASDAQ/GS: MEDH), a leading provider of integrated clinical documentation solutions for the U.S. healthcare system, announced today that Michael Raymer has joined MedQuist as the Senior Vice President of Solutions Management.

In this newly created role, Raymer will be responsible for managing all aspects of MedQuist’s enterprise focused healthcare products and solutions, including strategic design, planning and implementation of the Company’s product roadmap in conjunction with development designers, managers and senior leadership to ensure long-term growth. As changes in the healthcare industry drive new demands, Raymer will provide product management direction to maximize the Company’s technology and keep its customers ahead of these changes.

Raymer’s 20 plus years of healthcare experience are rich with dynamic leadership in the enterprise and specialty clinical software markets. He joins MedQuist from Microsoft, where he was one of the key architects of the recently announced Microsoft / GE Healthcare joint venture. He has also previously held executive positions at Misys Healthcare, GE Healthcare, IDX Systems Corporation and Nellcor Puritan Bennett. In these roles, he led teams of clinicians, engineers and customers to create innovative solutions that have improved the delivery of healthcare around the world.

“With Michael’s substantial experience and demonstrated success in the healthcare ecosystem, we are now better equipped to tailor our strategic product framework to the growing market opportunities created by challenges such as ICD-10, EHR utilization and technology enabled clinical documentation services. As we move into 2012, Michael will help us set the cadence for our future as we match solutions to emerging needs,” said Vern Davenport, Chairman and Chief Executive Officer of MedQuist Holdings.

About MedQuist

MedQuist is a leading provider of clinical narrative capture services, Speech Understanding technology from M*Modal and clinical documentation workflow. MedQuist’s enterprise solutions – including mobile voice capture devices, speech recognition, Web-based workflow platforms and global network of medical editors – help healthcare facilities facilitate adoption of electronic health records (EHR), improve patient care, increase physician satisfaction and lower operational costs. For more information, please visit www.medquist.com.

“Safe Harbor” Statement under the U.S. Private Securities Litigation Reform Act of 1995: Statements in this press release regarding MedQuist's business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. Actual outcomes and results may differ materially from what is expressed or forecasted in forward-looking statements. As a result, forward-looking statements speak only as of the date they were made, and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For photo of Michael Raymer, click here.