| Business Summary | | MedQuist,
Inc.
is
a
national
provider
of
medical
transcription
services,
a
key
component
in
the
provision
of
healthcare
services.
Transcription
is
the
process
by
which
dictation
is
converted
into
an
electronic
medical
report.
The
timely
production
of
accurate
reports
is
necessary
for
patient
care
and
for
healthcare
providers
to
receive
reimbursement.
The
Company
provides
customized
solutions
to
shorten
its
customers'
billing
cycles
and
reduce
their
overhead
and
other
administrative
costs.
The
Company
serves
approximately
2,700
clients
nationwide
through
its
client
service
centers.
The
Company
also
provides
other
medical
document
management
services,
such
as
digital
dictation
systems
and
reimbursement
coding
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MedQuist,
Inc.
provides
electronic
transcription
and
document
management
services
to
the
healthcare
industry
converting
free-form
medical
dictation
into
electronically
formatted
patient
records.
For
the
six
months
ended
6/30/01,
revenues
rose
5%
to
$193.1
million.
Net
income
fell
9%
to
$23.5
million.
Revenues
reflect
the
addition
of
new
customers
and
higher
sales
to
existing
clients.
Net
income
was
offset
by
the
absence
of
a
$3.7
million
gain
on
the
sale
of
securities. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| David Cohen, 59 Chairman,
Cheif Exec. Officer | $704K | -- | John Donohoe, Jr., 45 Pres,
Chief Operating Officre | 439K | -- | Brian Kearns Sr.
VP, CFO, Treasurer | -- | -- | Ronald Scarpone, 55 Sr.
VP - New Bus. Devel. | 199K | -- | John Suender, 39 Sr.
VP, Gen. Counsel, Sec. | 217K | $172K | Dollar
amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|