Misys Healthcare Systems Enters Strategic Partnership with OCS, Inc. to Offer Predictive Modeling Capabilities
Home Health Software to Reduce Costly Hospitalizations and Emergent Care Visits for Homecare Patients
RALEIGH, N.C. (June 25, 2007) – Misys Healthcare Systems, a market leader in healthcare IT, today announced a strategic alliance with OCS, Inc., the healthcare information services company of choice to the industry, to integrate powerful online performance measurement systems, analytic software and predictive modeling reporting tools that will be delivered as part of the Misys Homecare™ software solution. This powerful collaboration will help homecare agencies optimize patient care while reducing hospital readmissions and overall healthcare costs associated with chronic disease.
A proven, easy-to-use home health IT solution, Misys Homecare integrates clinical, financial and administrative capabilities, addressing the growing challenges of homecare and hospice agencies. Asthe innovator in data-driven healthcare information solutions, OCS combined the most extensive post-acute healthcare data warehouse with cutting edge analytics to launch the industry’s first predictive modeling tool. As a new feature to its homecare software, Misys will employ the OCS predictive modeling capability, which utilizes statistical models and the wealth of patient data available in the homecare industry to predict an individual patient’s level of risk. Predictive modeling, which forecasts the likelihood of future events based on data from the past, enables agencies to improve disease management, patient outcomes, cost and profitability and resource planning in home health agencies.
“This relationship combines our leadership in data-driven patient-level performance measurement systems with Misys’ expertise as one of the leading providers of clinical and business solutions for the healthcare market,” said Amanda Twiss, OCS president. “Working together, we will be able to help clients improve patient outcomes while optimizing agency operations by combining Misys’ unparalleled technologies with OCS’ best of breed data warehouse. This partnership will provide the most compelling offerings available in the home healthcare market today as well as offerings to prepare clients for future industry developments.”
“Predictive modeling is a ground-breaking tool empowering caregivers with vital data and comprehensive metrics highlighting the clinical, financial and operational health of their agency,” said Gary Larson, business manager of Misys Healthcare Systems Homecare Business Unit. “With the addition of OCS benchmarking and predictive modeling, our customers will be able to deliver the highest quality of care with optimal operational efficiency. Customers can also use these tools to understand and prepare for the impact of industry changes such as Prospective Payment System (PPS) adjustments and Pay-For-Performance (P4P).”
Media Contacts:
Mike Holsinger
Misys Healthcare Systems
919-329-1771
mike.holsinger@misyshealthcare.com
Bill Bassett
OCS, Inc.
888-325-3396
bilbas@ocsys.com
Maddy Shedno
Schwartz Communications
781-684-0770
misys@schwartz-pr.com
About OCS, Inc.
OCS is the market leader in healthcare information solutions. By collecting, evaluating and interpreting healthcare information, OCS empowers leaders with data-driven insight that helps optimize mission-critical decision-making. OCS combines the richness of the most comprehensive post-acute Data Warehouse with cutting-edge analysis tools and custom technology solutions. OCS offers information-based solutions to facilitate providers, payers, industry analysts, consultants, Federal and state governments, medical products and pharmaceutical companies with advancing their missions using objective, independent information that is not available from other sources. www.ocsys.com.
Misys Healthcare Systems develops and supports reliable, easy-to-use software and services of exceptional quality that enable physicians and caregivers to more easily manage the complexities of healthcare. Misys' family of leading clinical products and Web-based technologies are designed to share patient data across medical care settings. Misys makes Community EHR a reality by connecting community-based physicians and caregivers to the acute care enterprise, enabling increased efficiencies, better decision-making and improved hospital-physician relations. For more information, visit www.misyshealthcare.com.
About Misys plc
Misys plc (FTSE: MSY.L), the global software and solutions company, is one of the world's largest and longest-established providers of industry-specific software. Founded in 1979, Misys serves the international banking and healthcare industries, combining technological expertise with in depth understanding of customers' markets and operational needs. In banking and treasury & capital markets Misys is a market leader, with over 1,200 customers, including all of the world’s top 50 banks. In healthcare Misys is also a leader, serving more than 110,000 physicians in 18,000 practice locations, 1,200 hospitals and 600 home care providers. Misys employs around 5,500 people who serve customers in more than 120 countries. For more information, visit: www.misys.com
