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Updated - 14 : 09 : 2006

Charlotte, NC July 17, 2004 — IQMAX announced recently that they have implemented wireless (802.11b) synchronization of dictation voice files and patient/user data through an ASP at Carolina Neurosurgery & Spine Associates (CNSA), located in Charlotte, NC. CNSA is one of the oldest and largest neurosurgical practices in the country. With 16 board-certified or board-eligible neurosurgeons, CNSA provides advanced treatment for the entire spectrum of brain, spine and peripheral nerve disorders, including brain tumors, spine injuries, stroke, epilepsy, birth defects, neck and lower back pain, and pituitary tumors. The workflow patterns of CNSA practitioners by necessity are mobile. Accordingly, technology solutions that fit the practice’s mobility requirements provide a higher level of efficiency.

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CSNA implemented IQSpeak, IQMAX’s PDA-based dictation solution, which provides an efficient means of documenting patient encounters at the point of care. Physicians synchronize IQSpeak through wireless technology installed in CNSA facilities.

During synchronization, patient schedules and associated demographic data are passed to the physician’s PDA and displayed as a schedule in IQSpeak. Dictation is concurrently synched for transport through the IQMAX ASP to a remote transcription service provider. To meet HIPAA security guidelines, dictation and patient data are encrypted prior to transport over the Internet to the ASP server and to the transcription provider. “Wireless synchronization provides users the convenience of not having to dock their PDAs at fixed locations, along with giving them high-speed transmission of voice files that can be several megabytes in size. During synchronization, the IQMAX solution automatically updates the application on the PDA as required or requested,” said Paul Adkison, IQMAX President and CEO. According to CNSA their primary problem, prior to the implementation of IQSpeak, was turnaround time for transcribed documents. CNSA had rapidly expanded its in-house transcription staff, but was still unable to cost-effectively meet or exceed its 24-hour turnaround requirement. They previously, used a combination of proprietary digital portables and phone-in recordings.

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Delays in turnaround were impacted by delays in recording the results by physicians as well as the occasional lost dictation. “The introduction of IQSpeak facilitated the use of an outside transcription service that could guarantee 24 hour turnaround,” Mr. Adkison stated.” Additionally, CNSA has not lost any dictations since using IQSpeak.”

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Chicago, IL August 4, 2003 – More hospitals and healthcare systems are increasing base salaries and bonuses for executives as competition intensifies in organizations’ hiring searches. The median total cash compensation – base salary plus bonuses – for presidents and CEOs of freestanding hospitals rose 9.2% to $339,100 in 2003, according to Modern Healthcare’s 23rd annual Executive Compensation Survey. This year’s data was provided by Sullivan, Cotter and Associates, a Chicago-based consulting firm, and compiled from a survey of 121 healthcare systems and 416 hospitals from April to July. Hospital titles rising the fastest include: employee relations (17.8% increase), nursing services (12.5%), chief information officer (11.9%) and social services (11.9%). “If anyone is looking for evidence that the healthcare sector of the economy is booming, look no further than the results of our executive compensation survey,” said David Burda, editor of Modern Healthcare. “Most healthcare executive titles enjoyed double-digit increases in compensation this year.” By comparison, according to 12-month figures for all private industry through the first quarter of 2003, compensation rose 3.8%, according the U.S. Bureau of Labor Statistics.

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The average annual compensation for all occupations was roughly $36,500 in 2002. To view the complete results of Modern Healthcare’s 23rd annual Executive Compensation Survey visit www.modernhealthcare.com. Modern Healthcare is the industry’s only healthcare business news weekly, providing healthcare executives the most reliable, up-to-date and comprehensive business news and information. In addition to print, readers access our news online at modernhealthcare.com and via our daily e-newsletter, the Daily Dose.

With this three-tiered approach to news, our award-winning staff of editors and reporters delivers information that enables healthcare leaders to take constructive action and improve performance.

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Updated - 28 : 07 : 2006

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