Bedminster-based Peak Pharmaceuticals on Wednesday announced its wholly owned subsidiary, Retrieve Medical, signed an agreement with a 100-bed regional medical center with approximately 1,000 providers in the Southern area of the U.S. to immediately begin the implementation phase of Retrieve’s patented software solution.
Regional medical centers, with 100 beds or less, represent 66% of the U.S. hospital market and provide care to more than 40 million patients annually. By using Retrieve’s Retrieve DxTM software, these hospitals can properly diagnose patients, enhance medical documentation, produce better outcomes and maximize revenue for the hospital.
“We are excited about the opportunity to meet the needs of the nation’s community hospitals as well as larger academic teaching centers,” Dr. Mark Rosenberg, Retrieve’s chairman and past president of the American College of Emergency Physicians, said. “With each new customer that we add to our platform, it becomes easier to communicate our value proposition to others and grow our overall business. We believe that today’s announcement is only the beginning of what will be a strong commercial year for our company.”