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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

Tags: Business wire, Healthcare, tennessee, High Tech, Software, Health

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