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VersaSuite has Partnered with Univest Capital to Offer Clients Simple and Affordable EHR Financing

FOR IMMEDIATE RELEASE:

VersaSuite has Partnered with Univest Capital to Offer Clients Simple and Affordable EHR Financing

January 18, 2010 – (Bensalem, PA) – Univest Capital, Inc, a leader in the equipment financing industry, is proud to announce its new partnership with VersaSuite Integrated Healthcare Solutions as a preferred financing source for providing software and equipment lease programs to physicians. The affiliation allows Univest Capital to provide financing options for VersaSuite clients to lease healthcare automation solutions which include the VersaSuite Enterprise Practice Management (EPM), VersaSuite Electronic Health Records (EHR) to name a few.

Univest Capital’s “Bridge to Stimulus” program includes an attractive 90-day deferred financing offer followed by $99 per month for the next 90-days and a straightforward payment schedule to conclude the lease; that is less than $300 out of pocket costs for the first six months! The program is designed to facilitate the adoption of the EHR/EMR systems in order for physicians to obtain the financial incentives offered in the 2009 American Recovery and Reinvestment Act. The incentives are based on EHR system usage.

Mohamed Abdullah, vice president of Healthcare with Univest Capital, had this to say about the partnership: “We are excited to be working with VersaSuite, a recognized leader in healthcare automation. Univest is committed to supporting innovative companies whose solutions focus on emerging trends. VersaSuite is clearly one of these companies and their EHR automation solution is filling a critical need in the healthcare industry. We look forward to the opportunity of offering top tier programs and services to compliment the many product solutions offered by VersaSuite across all Healthcare modalities.”

Rodney Brown, Director of Sales and Marketing with VersaSuite noted: “Providing extraordinary support and services to our clients is our number one goal. Thanks to Univest Capital’s ‘Bridge to Stimulus’ leasing program, it will now be easier for physicians and hospitals to obtain the automation they need to help streamline their healthcare delivery systems and maximize the incredible benefits being offered through the American Recovery and Reinvestment Act to adopt EHR.”

About Univest Capital, Inc.

Univest Capital, Inc is a nationwide provider of equipment financing solutions primarily to small businesses. Univest Capital is a wholly owned subsidiary of Univest National Bank and Trust Co. Univest National Bank and Trust Co., member FDIC and Equal Housing Lender, has delivered financial solutions to its communities for more than 130 years through 32 financial service centers, 12 retirement financial services centers, and 38 ATM locations in Bucks, Chester, Montgomery and Lehigh counties.

About VersaSuite

VersaSuite specializes in the development of integrated health care software solutions for both clinical and hospital environments. A comprehensive practice-management ensemble, VersaSuite is a symphony of several vertically-oriented modules: The healthcare modules perform clinical and management tasks for all medical specialties within in-patient and out-patient care settings. The business modules automate employee scheduling, client tracking & invoicing, payroll processing, human resources management, and employee time-tracking & scheduling. With cutting-edge technology and marketplace insight, VersaSuite offers a complete integrated clinical and management solution designed to help any healthcare organization to provide exceptional patient care and achieve optimal competitive efficiency.

Media Contact:
P. Scott Leach
VP of Sales and Marketing
512-250-8774, ext. 1010
scott.leach@versasuite.com

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