Published:
ICA Announces Triple-Digit Revenue Growth, Corporate Expansion and Successes that Align with "Meaningful Use" Definitions of Markle Foundation 2009 Report
NASHVILLE, Tenn. - (BUSINESS WIRE) - Reflecting market uptake of its CareAlign solution among Health
Information Exchanges and hospital systems throughout the country,
Informatics Corporation of America (ICA; www.icainformatics.com)
reports that in the first five months of 2009, there has been a 165
percent growth in the number of users, 150 percent increase in the
number of visits to the application, and an increase in transactions
within the system reaching almost 30M a month - a 24 percent increase
over the past quarter. Further contributing to the company's continued
success, ICA cites a 400 percent rise in client engagements from 2007 to
2008, resulting in 150 percent growth in revenues.
"These remarkable statistics are testimony to the efficacy of our
technology and document the value of our single-source portal to provide
complete patient information to clinicians at every touch point of the
health care continuum," says Gary Zegiestowsky, CEO of ICA, noting that
ICA has nearly doubled its staff and office space to accommodate
corporate growth. "CareAlign emerges as a preferred solution because it
leverages existing technology to integrate data from multiple sources
and drive rapid implementation. Speed-to-value is a key success factor
in today's health care environment."
Zegiestowsky affirms the attractive positioning of ICA stems from its
corporate philosophy to anticipate the health information technology
(HIT) needs of clinicians and support health care systems with
high-value, cost-efficient solutions. He points to ICA's alignment with
the Markle Foundation's 2009 report, "A Framework for 'Meaningful Use'
and 'Certified or Qualified' EHR Achieving the Health IT Objectives of
the American Recovery and Reinvestment Act."
"Our CareAlign solution embodies the Markle Foundation's framework of
goals in which HIT investments improve health care quality, reduce
growth in costs, stimulate innovation, and protect privacy through clear,
specific metrics," says Zegiestowsky. "Clearly, our corporate successes
are the result of adherence to solutions that promote patient-centered,
meaningful use of HIT. As a result, we provide clinically relevant
electronic patient information to improve patient outcomes and health
status, delivery of care and cost-control."
ICA's CareAlign technology extracts clinical data from existing
clinical information systems within the healthcare setting, aggregating
the information into a single view that enables users to search and
query data to identify key trends both for a patient or a patient
population. Its data management capabilities are designed for the
meaningful use of health care information, with a focus on the needs of
patients and consumers.
"ICA is cognizant of the warnings from The Markle Foundation that
national healthcare goals cannot be achieved through the installation of
software or hardware alone," continues Zegiestowsky. "Effective use of
information impacts every health care stakeholder. It is what enables a
consumer to play an active role in maintaining health and accessing the
best care. It also mitigates medical errors, helping clinicians to
prescribe the right treatment at the right time. Finally, it allows a
care team to coordinate care in the most effective and affordable way,
and benefits efforts to improve quality, accelerate research, and
advance public health."
CareAlign technology currently provides health information exchanges
(HIEs), regional health information organizations (RHIOs), and hospital
systems a more advanced single technology solution for their clinicians
to readily access, evaluate, and act upon patient information across
disparate systems. Compatible with Microsoft's Internet Explorer Version
7 and Mozilla Firefox, CareAlign can be accessed from desktop computers
and mobile devices - at anytime and from anywhere.
"Our technology not only meets every criteria articulated in the Markle
Foundation 2009 report, it also goes beyond the recommendations, factors
that accelerate our national momentum," concludes Zegiestowsky. "Today,
we are delivering a cost-effective, proven solution that allows
caregivers to leverage complete data across clinical settings to support
decision-making, improve patient health and ensure the viability and
sustainability of the healthcare facility itself."
About Informatics Corporation of America (ICA)
Informatics Corporation of America (ICA) was established to take
innovative technology developed by practicing physicians and informatics
professionals at Vanderbilt Medical Center to the broader healthcare
market. Its flexible architecture integrates legacy systems to provide a
comprehensive clinical view of patient records within Integrated
Delivery Systems and Health Information Exchanges/Regional Health
Information Organizations. Today, ICA is unmatched in its ability to
deliver a cost-effective, proven solution that not only leverages
complete data across clinical settings to aid decision-making and
improve patient outcomes, but also utilizes real-time clinical
information when and where it is needed. Visit www.icainformatics.com
Media:
CPR for Informatics Corporation of America
Rachael
Fisher, 201-641-1911 x 49
rfisher@cpronline.com
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