Computer Programs and Systems, Inc. Enhances Interoperability Strategy with NeoTool Interface Engine
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Computer Programs and Systems, Inc. (NASDAQ: CPSI), a leading provider
of healthcare information solutions, today announced that it has forged
a partnership with NeoTool to provide its clients with a more efficient
solution for interfaces. The introduction of an interface engine will
promote interoperability with third-party stand-alone systems while
streamlining the development, testing and deployment of interfaces.
"While the CPSI System is a complete and fully
integrated electronic medical record (EMR) solution for our community
hospital clients, interoperability with third-party stand-alone systems
is a critical component to sharing data in regional electronic health
record (EHR) initiatives and ultimately the coming National Health
Information Network (NHIN),” explained Boyd
Douglas CPSI’s President and Chief Executive
Officer. "In the context of disparate systems,
interoperability means interfaces. While CPSI has been providing our
client hospitals with point-to-point standards-based interfaces in the
HL7 format for many years, the addition of the NeoIntegrateTM
interface engine allows us to employ a more efficient development
process resulting in reduced costs and a shorter development cycle.”
Under the new interface methodology, the NeoTool interface engine will
be used to communicate patient demographic and clinical information
between the CPSI System and third party systems. Efficiency is achieved
by employing a single input file and a single output file to define
standardized communications with the CPSI System that will be used to
support all interfaces. By pre-defining the communication standard, the
query and update features of individual uni-directional and
bi-directional interfaces can be quickly developed and implemented.
"The development of traditional direct
point-to-point interfaces is both time and resource intensive and,
depending on the complexity of the desired functionality, can be quite
costly,” said Scott Schneider CPSI’s
Senior Vice President of Business and Corporate Development. "With
the NeoTool interface engine, the level of effort to produce and support
interfaces will be dramatically reduced and, as a result, we will be
able to pass significant cost savings on to our Customers.”
NeoTool brings an industry leading depth of knowledge to the partnership
and a staff with experience in building three generations of interface
engines. The company is specifically focused on healthcare integration
and is deeply involved in the ongoing maturation of the HL7 interface
standard. NeoTool is an active member of the HL7 organization
participating in every HL7 work group meeting since 1997.
"With this partnership, CPSI is demonstrating
a strong commitment to their customers by simplifying the complexities
of healthcare interfacing,” said Phil Guy,
NeoTool’s Chief Executive Officer. "CPSI
customers will be able to leverage the NeoTool interface engine to more
effectively connect their provider community and third party systems.
The result will be greater operational efficiency, streamlined
workflows, and enhanced provider relationships.” About NeoTool
NeoTool’s healthcare integration solutions
empower organizations to develop, test, deploy, and manage data
exchanges between healthcare applications and providers. Through
software, HL7 training, and consulting, NeoTool is dedicated solely to
healthcare application interfacing. NeoTool customers include healthcare
providers (e.g., hospitals, imaging centers, labs, and clinics),
healthcare software application providers, and medical device
manufacturers. For more information, visit www.neotool.com.
About Computer Programs and Systems, Inc.
CPSI is a leading provider of healthcare information solutions for
community hospitals with over 600 client hospitals in 46 states. Founded
in 1979, the Company is a single-source vendor providing comprehensive
software and hardware products, complemented by complete installation
services and extensive support. Its fully integrated, enterprise-wide
system automates clinical and financial data management in each of the
primary functional areas of a hospital. CPSI’s
staff of over 800 technical, healthcare and medical professionals
provides system implementation and continuing support services as part
of a comprehensive program designed to respond to clients’
information needs in a constantly changing healthcare environment. For
more information, visit www.cpsinet.com.
This press release contains forward-looking statements within the
meaning of the "safe harbor”
provisions of the Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified generally by the use of
forward-looking terminology and words such as "expects,” "anticipates,” "estimates,” "believes,” "predicts,” "intends,” "plans,” "potential,” "may,” "continue,” "should,” "will” and words
of comparable meaning. Without limiting the generality of the
preceding statement, all statements in this press release relating to
estimated and projected earnings, margins, costs, expenditures, cash
flows, growth rates and future financial results are forward-looking
statements. We caution investors that any such forward-looking
statements are only predictions and are not guarantees of future
performance. Certain risks, uncertainties and other factors may
cause actual results to differ materially from those projected in the
forward-looking statements. Such factors may include: overall
business and economic conditions affecting the healthcare industry;
saturation of our target market and hospital consolidations; changes in
customer purchasing priorities and demand for information technology
systems; competition with companies that have greater financial,
technical and marketing resources than we have; failure to develop new
technology and products in response to market demands; fluctuations in
quarterly financial performance due to, among other factors, timing of
customer installations; failure of our products to function properly
resulting in claims for medical losses; government regulation of our
products and customers, including changes in healthcare policy affecting
Medicare reimbursement rates; interruptions in our power supply and/or
telecommunications capabilities and other risk factors described from
time to time in our public releases and reports filed with the
Securities and Exchange Commission, including, but not limited to, our
Annual Report on Form 10-K. We also caution investors that the
forward-looking information described herein represents our outlook only
as of this date, and we undertake no obligation to update or revise any
forward-looking statements to reflect events or developments after the
date of this press release.