Idx Systems (NASDAQ:IDXC)
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Upgraded Clinical Decision Support Capabilities Integrated
With Electronic Records System Promotes Efficiency
and Helps Prevent Patient Care Errors
Fair Isaac Corporation (NYSE:FIC) and IDX Systems Corporation
(Nasdaq:IDXC) today announced that Parkview Health is using an
integrated solution that combines Fair Isaac Blaze Advisor rules
management technology with IDX(R) Carecast(TM) enterprise clinical
system to deliver sophisticated decision management support for
healthcare providers across the organization.
The combined solution has enabled Parkview, a not-for-profit,
community-owned network of eight northeastern Indiana hospitals, to
develop a series of expert business rules that improve the efficiency
and safety of medication ordering and administration. Parkview has
improved medication turnaround time by an average of 43 minutes and is
providing its clinicians with valuable tools that support patient
safety and help prevent adverse drug events.
"At Parkview Health, we are focused on how we use healthcare
decision making to deliver trusted care and improve health in the
community," said Jerry Mourey, vice president of information systems
at Parkview Health. "Blaze Advisor and Carecast have proven to be
valuable technologies for the implementation of new decision
management initiatives."
Carecast creates a comprehensive lifetime patient record by
automating the workflow of users and supporting clinical, financial
and administrative processes. As the embedded rules management
component of Carecast, Blaze Advisor provides a rules building engine
that enables healthcare organizations to develop tailored decision
support functionality that addresses the requirements of specialty
areas and patient safety initiatives. The use of expert rules allows
doctors to make more informed decisions regarding care, to adopt best
practices and to better understand the cause and impact of their
decisions. Healthcare business managers gain the ability to control
rules and business policies, and to set actionable limits that are
flagged when reached.
"IDX's adoption of Blaze Advisor provides Carecast customers with
an extremely robust decision engine and rules management solution,"
said Dr. Robert Abarbanel, senior director of product strategy for
Carecast. "Working in conjunction with the entire Carecast clinical
system, Blaze Advisor rules management provides unmatched efficiencies
in workflow, decision making and business processes."
Using Blaze Advisor, Parkview has implemented an expert rule that
flags pediatric patients and requires verification of medication
dosages based on the patient's weight. If the weight is not listed or
does not correspond to the dose ordered, the system alerts the
pharmacist to contact the patient's clinician to confirm the necessary
information. Rules are also used to calculate estimated creatinine
clearance when ordering certain antibiotics or other drugs than can
affect kidney function; require potassium level verification for
patients receiving Digoxin or potassium supplements; and require INR
verification for patients receiving warfarin.
"Blaze Advisor is increasingly being embedded as the decision
management component within other enterprise software applications,
such as IDX Carecast," said Carole-Ann Matignon, vice president of
product management for Enterprise Decision Management Technologies at
Fair Isaac. "The integration of Blaze Advisor within other software
solutions provides compelling value to businesses looking to combine
their existing technology with the industry's most powerful rules
engine. Within Carecast, Blaze Advisor delivers consistent and precise
decision management capabilities to analyze patient data against
complex expert rules, helping to improve patient care."
Blaze Advisor is part of Fair Isaac's software and solutions for
enterprise decision management (EDM), which combines data analytics,
modeling and policy-level control to allow companies to define and
manage their automated business systems for improved efficiency and
greater profitability. Fair Isaac offers customers a combination of
software and services allowing an enterprise to quickly implement
customized systems that lower operational costs, reduce risk and
provide greater accuracy and consistency of critical business
decisions in interactive and batch applications.
Carecast is a fully integrated clinical, financial and
administrative system, combining core clinical processes for orders,
results, pharmacy and clinical documentation with administrative and
financial processes for scheduling, registration, admitting, charging,
and billing. The system automates workflow throughout the healthcare
enterprise and enables rapid access to patient records across the care
continuum, from admission to discharge, including inpatient and
ambulatory care. The result is a comprehensive lifetime patient record
that enhances the quality of care and promotes operational
efficiencies.
About Fair Isaac
Fair Isaac Corporation (NYSE:FIC) is the preeminent provider of
creative analytics that unlock value for people, businesses and
industries. The company's predictive modeling, decision analysis,
intelligence management, decision management systems and consulting
services power billions of mission-critical customer decisions a year.
Founded in 1956, Fair Isaac helps thousands of companies in over 60
countries acquire customers more efficiently, increase customer value,
reduce fraud and credit losses, lower operating expenses and enter new
markets more profitably. Most leading banks and credit card issuers
rely on Fair Isaac solutions, as do insurers, retailers,
telecommunications providers, healthcare organizations, and government
agencies. Through the www.myfico.com Web site, consumers use the
company's FICO(R) scores, the standard measure of credit risk, to
manage their financial health. For more information, visit
www.fairisaac.com.
About IDX Systems Corporation
Founded in 1969, IDX Systems Corporation provides information
technology solutions to 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 Programme 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.
Fair Isaac Statement Concerning Forward-Looking Information
Except for historical information contained herein, the statements
contained in this press release that relate to Fair Isaac, including
statements regarding its Fair Isaac Blaze Advisor offering, and the
benefits to be derived from this offering, are forward-looking
statements within the meaning of the "safe harbor" provisions of the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements are subject to risks and uncertainties that
may cause actual results to differ materially, including any
unforeseen technical difficulties related to the implementation, use
and functionality of the offering, the risks that customers will not
perceive material benefits from the offering, failure of the product
to deliver the expected results, the possibility of errors or defects
in the offering, regulatory changes applicable to the use of consumer
credit and other data, and other risks described from time to time in
Fair Isaac's SEC reports, including its Annual Report on Form 10-K for
the year ended September 30, 2004, and quarterly report on Form 10-Q
for the period ended June 30, 2005. Forward-looking statements should
be considered with caution. If any of these risks or uncertainties
materializes or any of these assumptions proves incorrect, Fair
Isaac's results could differ materially from Fair Isaac's expectations
in these statements. Fair Isaac disclaims any intent or obligation to
update these forward-looking statements.
IDX Systems Statement Concerning Forward-Looking Information
This press release contains forward-looking statements about IDX
Systems Corporation that involve a number of risks and uncertainties.
Among the important factors that could cause actual results to differ
materially from those indicated by such forward-looking statements are
uncertainties or difficulties in developing new services, including
Carecast, possible failure of IDX to realize the benefits of
developing clinical guidelines, difficulties in implementing systems,
possible deferral, delay or cancellation by customers of computer
system or service purchase decisions, possible delay of system
installations and service implementations, development by competitors
of new or superior technologies, changing economic, political and
regulatory influences on the healthcare and e-Commerce industries,
possible disruptions in the national economy caused by terrorist
activities and foreign conflicts, changes in product pricing policies,
governmental regulation of IDX's software and operations, the
possibility of product-related liabilities, and factors detailed from
time to time in IDX's periodic reports and registration statements
filed with the Securities and Exchange Commission, which important
factors are incorporated herein by reference. IDX undertakes no
obligation to update forward-looking statements to reflect changed
assumptions, the occurrence of unanticipated events, or changes in
future operating results, financial condition or business over time.
Fair Isaac and FICO are trademarks or registered trademarks of
Fair Isaac Corporation, in the United States and/or in other
countries. IDX, Carecast and LastWord are registered trademarks or
trademarks of IDX Investment Corporation. Other product and company
names herein may be the trademarks of their respective owners.