News Release
FOR IMMEDIATE RELEASE
Integration with IDX® CarecastT enterprise system to provide efficient information management within electronic health records
CINCINNATI, Ohio January 3, 2006 — LanVision Systems Inc. (NASDAQ Capital Market: LANV) d\b\a Streamline HealthT today announced that during 2006, as part of its upgrade from its current IDX® system to the IDX CarecastT next-generation electronic health records system, Wake Forest University Baptist Medical Center plans to deploy enhanced and integrated document management capabilities from Streamline Health. By using electronic health records, the organization has realized a number of significant achievements in the cost and quality of healthcare, including saving more than $2 million a year in direct expenses, preventing 65,000 duplicate or redundant tests a year, and measuring an overall reduction of 62 percent in preventable adverse drug events by deploying computerized physician order entry.
The organization is currently live on the IDX LastWord® system at its inpatient teaching facility, North Carolina Baptist Hospital, which has more than 820 patient beds and is the region's main tertiary referral center. The organization also currently uses the accessANYwareT solution from Streamline Health to support its health information management activities. North Carolina Baptist Hospital is preparing for a mid-year 2006 upgrade to both Carecast (as previously announced by IDX) and to Carecast Document Manager, powered by Streamline Health, which provides seamless document management capabilities within Carecast, supporting greater efficiencies for both clinicians and health information management staff.
As healthcare organizations such as Wake Forest become increasingly paperless, they have a growing business and clinical need to convert remaining paper-based documents-such as patient consent forms-into an electronic, manageable format compatible with the electronic health record. Carecast Document Manager, powered by Streamline Health, provides a permanent, document-based repository of historical health information, fully available within the Carecast electronic health record. The application will allow healthcare providers immediate and simultaneous viewing of paper-based medical record documents such as consent forms, on the same workstation and from the same screen display, with availability at the point of patient care. Other benefits will include a single log-on to the system for quick and convenient access to all forms of patient information-whether generated electronically or from paper-and a fully integrated and convenient user interface without signing in and out of multiple applications.
Jeanne Goode, Director of Medical Record Services, North Carolina Baptist Hospital commented, "To date, we've used our existing Streamline Health Solution to support real-time access to scanned document images. Our use of the integrated Carecast-Streamline Health solution will ensure that clinicians and administrative staff can quickly and securely access document images while using Carecast, adding further value to our electronic patient record and supporting a more complete patient record. Streamline Health's innovative technology fulfills the administrative needs of North Carolina Baptist Hospital while creating greater efficiencies throughout the Medical Center."
J. Brian Patsy, Streamline Health's President and Chief Executive Officer, stated, "We are extremely pleased to provide North Carolina Baptist Hospital with advanced workflow and document management solutions that deliver value in a rapidly evolving healthcare marketplace to improve healthcare business performance with accuracy and speed. Together with IDX, we are working closely with the staff at North Carolina Baptist Hospital to successfully achieve their overall business objectives. Our solutions address the unique demands of academic healthcare environments by optimizing key business processes throughout their enterprise."
About North Carolina Baptist Hospital
North Carolina Baptist Hospital is located in Winston-Salem, North Carolina with over 820 beds and is the region’s main tertiary referral center. As part of the Wake Forest University Baptist Medical Center, an integrated healthcare delivery system, North Carolina Baptist Hospital is a primary clinical arm that includes inpatient care, a community health center and primary care centers. North Carolina Baptist Hospital is listed as one of the top 50 hospitals among “ America’s Best Hospitals” in six of 17 specialties surveyed by U.S. News & World Report.
About IDX Systems Corporation
Founded in 1969, IDX Systems Corporation (NASDAQ: IDXC) provides information technology solutions that maximize value in the delivery of healthcare, improve the quality of patient service, enhance medical outcomes, and reduce the costs of care. Our systems are deployed to serve approximately 150,000 physicians and are installed at over 3,400 customer sites, including more than 850 group practices and approximately 370 integrated delivery networks servicing more than 500 hospitals.
IDX also provides its enterprise clinical software as a subcontractor to BT, Local Service Provider for the United Kingdom National Health Service's National Program for Information Technology, an initiative to establish electronic patient records for 50 million patients.
The IDX web strategy includes browser technology, e-commerce and web-based tools – built using Internet architecture – that facilitates access for patients, physicians and care providers to vital health information and data managed by the IDX clinical, administrative, financial, and managed care products. IDX has approximately 2,400 full-time employees.
About Streamline Health
Streamline Health is a leading supplier of workflow and document management tools, applications and services that assist strategic business partners, healthcare organizations, and customers to create and improve operational efficiencies through business process re-engineering and automating demanding document-intensive environments. The company's workflow-based services offer solutions to inefficient and labor-intensive healthcare business processes throughout the revenue cycle, such as chart coding, abstracting and completion, remote physician order processing, pre-admission registration scanning and signature capture, insurance verification, secondary billing services, explanation of benefits processing and release of information processing. The company's solutions also address the document workflow needs of the Human Resource and Supply Chain Management departments of the healthcare enterprise. All solutions are available for purchase or through a remote hosting services model that better matches customers' capital or operating budget needs.
Streamline Health's solutions create a permanent document-based repository of historical health information that is complementary and can be seamlessly integrated with existing disparate clinical, financial and administrative information systems, providing convenient electronic access to all forms of patient information from any location, including access using a web-browser through the Intranet/Internet. These integrated systems allow providers and administrators to link systems with documents, which can dramatically improve the availability of patient information while decreasing direct costs associated with document retrieval, work-in-process, chart processing, document retention, and archiving.
Streamline Health provides remote hosting services to various healthcare providers including University Hospital, a member of The Health Alliance of Greater Cincinnati, and Children's Medical Center of Columbus, OH. In addition, the Company has installed its workflow and document management solutions at leading healthcare providers including Stanford Hospital and Clinics, Albert Einstein Healthcare Network, Beth Israel Medical Center, University of Pittsburgh Medical Center, Medical University Hospital Authority of South Carolina, and Memorial Sloan-Kettering Cancer Center.
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