CARY, NC, September 03, 2009
/24-7PressRelease/ -- WiSpots, a high-tech company providing sponsor-supported wireless access and tools that streamline healthcare practice operations, has merged with Worthington Healthcare Corporation (WHC). WHC offers medical transcription, dictation automation and electronic medical records management through a proprietary suite of software. The new entity, renamed WiFiciency (www.wificiency.com), brings a unique suite of solutions to the healthcare market that will improve productivity and eliminate many of the inefficiencies inherent in today's healthcare system.
WiFiciency will serve as a holding company for the WiMedical, WiSpots, WiMedia, WiScription and WiSoft brands. Combined, these brands provide full turn-key software and hardware solutions for hospitals, specialty practices and other healthcare facilities.
The WiMedical brand includes electronic medical records and transcription automation systems, including speech recognition capabilities, and other workflow-related software solutions.
WiMedical healthcare solutions are designed to work in tandem with existing software, enabling healthcare organizations to enhance their existing services without incurring the capital expense of new equipment or systems.
WiSpots will continue to offer patients online access to healthcare education, entertainment and productivity solutions while they wait to see their healthcare professionals. Access is provided through WiSpots' Patient Interaction Centers (PICs), which feature mobile, wireless Web pads called WiPads.
The WiScription brand provides outsourced transcription and billing services that will save the average healthcare organization 20 percent to 40 percent or more over their current transcription process.
Persistence Pays off After "Shark Tank"
WiSpots was founded by Cary, N.C., businessman Kevin Flannery, who recently appeared on the series premiere of ABC's "Shark Tank." "I am grateful for the opportunity to appear on 'Shark Tank' but regret that the sharks [investors] didn't truly understand the WiSpots concept, nor would they give me a chance to explain it," Flannery said. "The merger with WHC is another solid step in the evolution of the WiSpots model."
Shortly after filming the show, Flannery met Jason Angel, the founder of WHC. After numerous discussions, the two men realized their companies had a number of very powerful synergies that, together, offered unique solutions to meet the needs of the ever-changing healthcare environment.
Flannery will serve as chairman and chief executive officer of WiFiciency, with Angel serving as president and chief operating officer.
Less than 20 percent of all healthcare facilities in the United States currently utilize electronic medical records and paperless records processing, which creates a number of inefficiencies inherent to the system. WiFiciency's solutions are created to address these needs and are in line with the Obama Administration's healthcare reform initiative regarding electronic medical records, as well as the shift from traditional media to digital out-of-home (DOOH) media.
"Our tools and services maximize profitability by reducing costs, improving productivity and capturing additional revenue from the patient waiting room, while simultaneously improving patient satisfaction through education and entertainment," said Angel.
To learn more about WiFiciency, go to http://www.wificiency.com or call 888-919-WIFI (9434).
About WiFiciency
WiFiciency, Inc. is the holding company of the WiMedical, WiSpots, WiMedia, WiScription and WiSoft brand divisions. WiFiciency is leading the charge to improve productivity and eliminate the inefficiencies of today's healthcare system with a suite of physician/patient-centric software and hardware electronic records management and maintenance solutions; and Patient Interaction Centers that improve patient satisfaction and maximize revenue for physician practices. For more information, visit http://www.wificiency.com or call 1-888-919-9434.
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