Friday, July 14, 2006
SPI Technologies Taps Industry Mainstay to Head Its Medical Transcription Outsourcing Business; David Woodrow Named President of SPI Healthcare Docume
NEW YORK -- SPI Technologies Inc., the largest independent provider of content outsourcing services, announced today the appointment of David Woodrow as President of its medical transcription (MT) outsourcing services division, SPI Healthcare Documentation, effective immediately. Woodrow, who is currently Vice President of the Medical Transcription Industry Association's Board of Directors, is highly regarded in the industry for his success in starting up, building and managing medical transcription businesses, including the MT services division of Lanier WorldWide, which was acquired by MedQuist in 1999.
Based in Atlanta, GA, Woodrow succeeds Robert Cabato, who assumes new responsibilities at SPI's offices in the Philippines. Cabato is credited with building SPI's healthcare division into one of the company's fastest growing service areas. SPI Healthcare Documentation provides MT and other health information management services to major segments of the healthcare market, including hospitals, large physician groups and allied provider clinics.
Woodrow's appointment follows SPI's recent acquisition of KGMT, a medical transcription business based in India, adding to SPI's existing MT capabilities in the US and the Philippines. "David joins our organization at a very exciting time, as we rapidly expand our multi-country delivery platform to meet the growing demand for MT outsourcing services by the US healthcare sector," said Ernest Cu, President and CEO of SPI Technologies. "David is uniquely qualified to strengthen our leadership positioning in the MT services sector, bringing a wealth of hands-on experience in this business. I would also like to thank Robert for his success in building a great platform for the division's continued growth and success."
Woodrow was formerly founder and Senior Vice President of Business Development at Precyse Solutions, a leading provider of outsourced Health Information Management and Medical Records services to US-based hospitals and healthcare organizations. At Precyse, he helped grow the company from a start-up operation to more than $35 million in annual revenue over the course of three years.
Prior to founding Precyse, Woodrow worked for 17 years at Lanier WorldWide, a division of Ricoh. At Lanier, he established the company's MT services division, which under his direction, grew to $35 million in revenue in the five years prior to its strategic sale to MedQuist.
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