AMICAS announces new contract with Central Kentucky Radiology

AMICAS, Inc. (Nasdaq: AMCS), a leader in image and information management solutions, today announced a new contract with Central Kentucky Radiology (Lexington, KY). This agreement will allow Central Kentucky Radiology to use AMICAS Financials(TM) to streamline their radiology billing and AMICAS RIS(TM) to gain practice management efficiencies and to further improve service delivery effectiveness.

Central Kentucky Radiology, a 24-radiologist practice, provides interpretation services for 14 hospitals and four imaging centers. In practice for more than 40 years, Central Kentucky Radiology provides mammography, x-ray, ultrasound, CT, MRI, PET, and interventional radiology services.

"Our radiology group knew we needed a new billing solution that would streamline all of our billing processes and eliminate unnecessary costs," said Bob Schmidt, chief executive officer of Central Kentucky Radiology. "We believe that the sophisticated capabilities of the AMICAS solution will improve our revenue while reducing our operating costs, such that we expect to realize a positive return on investment within 24 months."

AMICAS Financials, a Windows-based solution, provides CashFinder Worklists(TM) to automate radiology billing. AMICAS RIS drives administrative staff productivity and revenue opportunities.

In addition to AMICAS Financials and AMICAS RIS, Central Kentucky Radiology also uses the following AMICAS solutions: AMICAS Dashboards(TM) for on-demand business intelligence and AMICAS Documents(TM) for a comprehensive "paperless office" solution.

"We are excited about our partnership with Central Kentucky Radiology," said Stephen Kahane, M.D., president, chief executive officer, and chairman of AMICAS. "Radiology practices are facing unprecedented pressure on their operations as a result of competitive dynamics and reimbursement changes. Central Kentucky Radiology understands the value of partnering with a solutions provider like AMICAS to ensure that they run their practice at maximum possible efficiency and effectiveness."

SOURCE AMICAS, Inc.