This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Net Medical Xpress Announces Substantial Teleradiology Growth And Major New Opportunities In Diagnostic/Clinical Crossover Care

Stock quotes in this article: NMXC

ALBUQUERQUE, N.M., Dec. 11, 2012 /PRNewswire/ --  New Mexico Software, Inc. , d/b/a Net Medical Xpress (OTC Bulletin Board NMXC), announced today that it is experiencing increasing and substantial growth in teleradiology cases. The company said it expects total case volume to increase nearly 19% in 2012 over 2011.

Nestor Pena, Vice President, Operations, Diagnostic Unit, said, "Our overall volume is approaching 300,000 cases yearly. This is substantially above where we started in 2008." So far in December alone, Pena said, the company has hired four additional radiologists bringing the total to 59 and two additional cardiologists raising that total to 17 to meet the growing demand.

"Our rapid growth is a testament to the expertise of our radiologists and cardiologists who are routinely delivering high levels of quality patient care. Another reason for our success is our turn around times are averaging 16 minutes, which we believe is one of the best records in the industry. We anticipate volume from new customers will steadily grow as telemedicine is further embraced with the rollout of the Affordable Health Care Act."

Net Medical CEO Dick Govatski said, "There is tremendous opportunity for our teleradiology healthcare customers with our growing crossover capability connecting diagnostic and clinical units. We are launching a 'Gold Seal' Net Medical affiliate program to enable these companies to offer our diagnostic telemedicine programs to their existing customers, which will significantly enhance and expand their ability to provide quality healthcare to a broader base. We anticipate initially certifying partner companies in the first quarter of 2013."

Net Medical Xpress' telemedicine programs provide diagnostic and clinical medical services to mobile companies, urgent care facilities, hospitals, trauma centers, imaging centers, jails, nursing homes, corporate health departments, and outpatient medical facilities. The company's web-based XR-Express 510K FDA cleared PACS technology developed by Net Medical enables medical providers to remotely provide critical real-time patient assessments.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,804.71 -238.19 -1.40%
S&P 500 1,946.16 -26.13 -1.32%
NASDAQ 4,422.0850 -71.3050 -1.59%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs