Nightingale Informatix Corporation signs CDN$3.0 million, Five-Year Agreement with Giiwednong Health Link

Company's Cloud-based EMR solution, Nightingale on Demand, to be deployed in 16 healthcare sites, serving more than 30,000 First Nation Citizens

MARKHAM, ON, March 27, 2013 /CNW/ - Nightingale Informatix Corporation ("Nightingale" or the "Company") (TSXV: NGH), a provider of cloud-based electronic medical record (EMR) software and related services, today announced that it has signed an exclusive CDN $3.0 million, five-year agreement with Giiwednong Health Link (GHL), a health and information management joint venture between First Nation health organizations for the communities of Manitoulin Island and the North Shore of Lake Huron. All figures are stated in Canadian dollars unless otherwise indicated.

Under the terms of the agreement, Nightingale will deploy its cloud-based EMR, Nightingale on Demand, at GHL's 16 healthcare sites that employ close to 200 healthcare providers and service more than 30,000 community members. The five-year contract is expected to contribute a total of $3.0 million in revenue, of which $1.5 million is expected to be recognized in the first year. Management anticipates deployment to last nine months, starting in the summer of 2013.

"Implementing solutions to improve both the efficiency and quality of the healthcare services in our communities is GHL's primary focus," said Joe Hare, Chief M'Chigeeng First Nation, a key member of GHL.  "Selecting an EMR provider that best meets the specific needs of our communities is part of this wider effort.  After an extensive due diligence process, we selected Nightingale because of the Company's proven track record with Aboriginal health centers and deep understanding of our unique workflows. We are excited to start our EMR roll-out with Nightingale. We look forward to providing optimum health services to our citizens using best-in-class technology."

"This contract win underscores Nightingale's position as the EMR partner of choice for community-based health organizations across Canada, and our growing role in the emerging Aboriginal market segment, " said Sam Chebib, President and CEO of Nightingale. "With clients such as the Association of Ontario Health Centres and Six Nations Health Services, we thoroughly understand the requirements of community-based healthcare and have developed features within our application that specifically address these unique workflow needs. We are excited that GHL has selected our EMR to streamline the healthcare processes and enhance the care provided within its communities."

Nightingale's one-patient, one-record™ architecture will allow GHL healthcare providers to store patient information in a cloud-based EMR, boasting an average 99.99% up-time rate, which enables any authorized user to retrieve patient data through a web-based platform anytime, anywhere. This will increase consistency across all GHL sites and will improve the effectiveness of the healthcare programs GHL provides, including clinic-based care, chronic disease management, community-based care and social programs.

Nightingale has developed workflow solutions that meet the specific requirements of Aboriginal healthcare.  Aboriginal communities are faced with the challenge of interconnecting multiple locations and forms of healthcare, including traditional healing. Nightingale's EMR provides multiple practitioners with access to a patient's centrally managed health record, making the referral and transfer of patients between different sites and different forms of care much easier. No matter what site the patient visits or what type of care they have chosen, their healthcare provider will have access to the same patient data. This will improve the delivery of care across the multiple disciplines at GHL and will ultimately lead to a superior patient experience.

About Nightingale
Nightingale is one of the fastest growing health care service and software companies in North America and is recognized as an industry leader in Web-based clinician and community based electronic medical records (EMR) serving the needs of small primary care practices, multi-physician outpatient clinics, and large scale regional health organizations and networks. Coupled with integrated practice management and transcription, Nightingale's comprehensive service offering allows customers to enhance patient care, increase revenue opportunities and optimize operations. Nightingale is continuously innovating and enhancing its services to meet the needs of its growing and diverse customer base. Nightingale - Healthcare connected. www.nightingalemd.ca

About Giiwednong Health Link
Giiwednong Health Link is a health and information management project between Manitoulin and North Shore First Nation health organizations. The project is focused on developing an integrated knowledge base to improve decision making, garner efficiencies and integrate into larger systems. The focus is on a means to electronically collect, manage and store health data, as well as statistics to support programming and reporting.

Forward Looking Statement
This press release contains "forward-looking statements" respecting the issuance and cancellation of securities of the Company within the meaning of applicable Canadian securities legislation. Generally, forward-looking statements can be identified by the use of forward- looking terminology such as "plans", "expects" or "does not expect",  "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may" ,"could", "would", "might", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Nightingale to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the speculative nature of the medical software industry, which is affected by numerous factors beyond Nightingale's control; the ability of Nightingale to successfully secure customer contracts and the timing of securing such contracts; the ability of Nightingale to complete and successfully integrate its acquisitions on an accretive basis, Nightingale's access to debt and capital facilities, including compliance with current debt arrangements; the existence of present and possible future government regulation; the significant competition that exists in the medical software industry; the early stage of Nightingale's business, and risks associated with early stage companies, including uncertainty of revenues, markets and profitability and the need to raise additional funding.  All material assumptions used in making forward-looking statements are based on management's knowledge of current business conditions and expectations of future business conditions and trends. Certain material factors or assumptions applied by management in making forward-looking statements, include without limitation, factors and assumptions regarding future trends in healthcare spending, economic conditions affecting Nightingale and North American economies; Nightingale's ability to continue to fund its business, rates of customer defaults, relationships with, and payments to lenders, as well as Nightingale's operating cost structure.

Although Nightingale has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Nightingale does not undertake to update any forward-looking statements that are incorporated by reference herein, except in accordance with applicable securities laws. Further information on Nightingale Informatix Corporation is available at www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

SOURCE: Nightingale Informatix Corporation

For further information about Nightingale, contact:

Media Inquiries
Lorraine McMeekin
Corporate Marketing Manager
Nightingale Informatix Corporation
Tel: [phone]
[email protected]

Investor Inquiries
Kristen Dickson
Vice President
TMX Equicom
Tel: [phone] ext. 273
[email protected]

For further information about Giiwednong Health Link, contact: 

Roger Beaudin
Health Director
M'Chigeeng Health Centre
[phone] ext. 202
[email protected]