iMedX Inc., a leading healthcare software and services company, announced today that it has acquired the assets of MedTech Transcriptions Inc. ("MedTech"), a medical transcription company serving medical clinics in Louisiana for over 15 years. With the acquisition of MedTech, iMedX extends its customer base into Louisiana. MedTech's production and customer service teams will augment iMedX's staff to continue to provide superior services to clients across the United States. Using iMedX's revolutionary TurboScribe® platform for medical transcription, MedTech customers will enjoy the benefits of an efficient transcription workflow and ease of management. TurboScribe's integration with leading Electronic Medical Record (EMR) products will allow customers to progress towards a paperless environment, a higher quality of care and pave the way for adherence to the Obama administration's 'meaningful use' guidelines. Additionally, MedTech's customers can take advantage of iMedX's other Internet-based products such as its TurboRecord® - iMedX's low-cost, subscription-based EMR - and their TurboRx® ePrescribing product which allows for error-free prescribing through pharmacies across the country.
Venkat Sharma, iMedX's President and CEO, along with the current iMedX management team, will continue to lead the combined companies. MedTech's founder and CEO, Bruce Bonar will work with iMedX through the transition and assist iMedX in expanding its customer base in the region.