CONTACT: Elizabeth B. Eckel, Senior Vice President, Marketing, 401-348-1309
DATE: June 9, 2008
Washington Trust Offers EZ Medical Lease for Electronic Health Records
June 9, 2008 (Westerly, Rhode Island). . .The Washington Trust Company has announced a new financial leasing program to assist medical professional with the purchase of Electronic Health Record/Electronic Medical Record software and hardware. The EZ Medical Lease program offers up to 100 percent financing and a quick and easy process, featuring a one-page application and credit decisions in as little as four hours.
Electronic Health Records (EHR) or Electronic Medical Records (EMR) software provides individual patient's medical record in digital format, which may be accessed via a computer over a network. The records may be made up of EMRs from various locations, offices or sources. Medical professionals who have converted their “paper” patient files to EHR or EMR, have found the electronic record keeping software both efficient and cost-effective. The EHR/EMR systems enable medical professionals to manage their patients' full clinical experience, including appointment scheduling, office visits, laboratory work, health maintenance, referrals, authorization and medications.“Washington Trust is pleased to provide a financing solution for medical professionals,” said John C. Warren, chairman and CEO of Washington Trust. “The EZ Medical Lease program enables professionals to more effectively manage their office, so they can focus on their patients, instead of their paperwork.”
Washington Trust is a “Preferred Vendor” for both Kent County Health Services, Inc. and Women & Infants Physician Health Organization and is currently working with members of those organizations to finance EHR systems.
The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc., a $2.5 billion corporation headquartered in Westerly, Rhode Island. Founded in 1800, Washington Trust is the oldest community bank in the nation and is the largest independent bank headquartered in Rhode Island. A state-chartered bank, Washington Trust offers a full range of financial services, including business banking, personal banking, and wealth management and trust services, through its offices located in Rhode Island, southeastern Connecticut and Massachusetts. The Corporation's common stock trades on The NASDAQ Stock Market under the symbol WASH. Web site address: www.washtrust.com.
