QuadraMed wins decision support contract From NewYork-Presbyterian Hospital (NYP)
RESTON, Va., Sept. 14, 2006--QuadraMed(R) Corporation (Amex:QD) today announced that NewYork-Presbyterian Hospital (NYP), New York, NY, has awarded the company a contract to implement the QuadraMed Clinical Outcome Practice Evaluator (COPE) on three of its campuses. QuadraMed COPE is a Core Measures Reporting and decision support solution.
Core Measures are data that hospitals collect about acute myocardial infarction, heart failure, pregnancy and related conditions, pneumonia, and surgical infection prevention. These data must then be submitted to JCAHO (Joint Commission on Accreditation of Healthcare Organizations) and CMS (Centers for Medicare & Medicaid Services) to prove provider organizations meet the requirements of the National Hospital Quality Measures initiative.
QuadraMed COPE enables the accurate and timely submission of Core Measures data. It also combines software and professional services that will provide NYP management with an improved decision support solution. Using the advanced data collection methodology and in-depth reporting capabilities of QuadraMed COPE, NYP will be able to gain greater insight to the core quality performance of its individual facilities, as well as an aggregate for the enterprise. These management tools are designed to provide the decision support that can help to further enhance a hospital's quality of care.
"NewYork-Presbyterian has long been recognized for its consistently high quality patient care," said NYP Vice President and Chief Quality Officer, Dr. Mary R. Cooper. "To raise our standards even higher, we need the ability to accurately measure our performance. COPE technology is one of the tools we are using to gather data about the quality of care we provide. Such information is critical for improving patient safety and outcomes."
NewYork-Presbyterian Hospital, a 2,268-bed multi-facility institution serving the New York metropolitan area, is nationally acclaimed for providing the highest quality patient care. It is one of only 14 hospitals named to the "Honor Roll" of the prestigious 2006 U.S. News & World Report guide to "America's Best Hospitals".
QuadraMed has over 20 years of experience processing hospital patient-level data for regulatory reporting and employs a COPE decision support team of industry experts in the areas of data quality, statistics, and healthcare financial and clinical information. The COPE solution works in conjunction with QuadraMed's Care-Based Revenue Cycle(TM) process to play an important role in the company's strategic initiatives to leverage quality care into reimbursement, interoperability for the connected healthcare community, and quality measurement.
The Website for NewYork-Presbyterian Hospital can be found at www.nyp.org. For information about all QuadraMed products and services, visit www.quadramed.com or call 800-393-0278.
About NewYork-Presbyterian Hospital
NewYork-Presbyterian Hospital is the largest not-for-profit, non-sectarian hospital in the country. It provides state-of-the-art inpatient, ambulatory, and preventive care in all areas of medicine at five major centers: NewYork-Presbyterian Hospital/Columbia University Medical Center, NewYork-Presbyterian Hospital/Weill Cornell Medical Center, Morgan Stanley Children's Hospital of NewYork-Presbyterian, the Allen Pavilion, and the Westchester Division. It consistently ranks as one of the top hospitals in the country in U.S. News & World Report's guide to "America's Best Hospitals." The NewYork-Presbyterian Healthcare System--an affiliation of acute-care and community hospitals, long-term care facilities, ambulatory sites, and specialty institutes--serves one in four patients in the New York metropolitan area. www.nyp.org.
About QuadraMed Corporation
QuadraMed Corporation advances the success of healthcare organizations through IT solutions that leverage quality care into positive financial outcomes. As evolving reimbursement scenarios challenge healthcare organizations to leverage quality of care into payment, clients committing to QuadraMed's care-based solutions can realize market leading financial performance. Using QuadraMed's end-to-end solutions to optimize the patient experience and leverage quality of care into payment, our clients can receive the proper reimbursement, in the shortest time, at the lowest administrative cost. Behind our products and services is a staff of almost 600 professionals whose experience and dedication to service have earned QuadraMed the trust and loyalty of customers at approximately 2,000 healthcare provider facilities. To find out more about QuadraMed, visit www.quadramed.com.Cautionary Statement on Risks Associated with QuadraMed's Forward-Looking Statements This press release contains forward-looking statements, as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, by QuadraMed that are subject to risks and uncertainties. The words "believe," "expect," "anticipate," "intend," "plan," "estimate," "may," "should," "could," and similar expressions are intended to identify such statements. Forward-looking statements are not guarantees of future performance and are to be interpreted only as of the date on which they are made. QuadraMed undertakes no obligation to update or revise any forward-looking statement except as required by law. QuadraMed advises investors that it discusses risk factors and uncertainties that could cause QuadraMed's actual results to differ from forward-looking statements in its periodic reports filed with the Securities and Exchange Commission ("SEC"). QuadraMed's SEC filings can be accessed through the Investor Relations section of our website, www.quadramed.com, or through the SEC's EDGAR Database at www.sec.gov (QuadraMed has EDGAR CIK No. 0001018833). QuadraMed is a registered trademark of QuadraMed Corporation. Care-Based Revenue Cycle is a trademark of QuadraMed Corporation. All other trademarks are the property of their respective holders.
Contacts QuadraMed Corporation Kevin Cleary, 703-989-7020 email@example.com
|DSS Home | About Us | Contact Us | Site Index | Subscribe | What's New|
|Copyright © 1995-2021 by D. J. Power (see his home page). DSSResources.COMsm was maintained by Daniel J. Power. See disclaimer and privacy statement.|