IDXC Idx Systems (MM)

Long-time IDX(R) Flowcast(R) Customer Targets Improved Service, Expanded Revenue with Portal for Referring Physicians BURLINGTON, Vt., Oct. 31 /PRNewswire-FirstCall/ -- IDX Systems Corporation (NASDAQ:IDXC) today announced that University of Colorado Hospital is deploying IDX(R) Referring Practice Online(TM) as the core of a new central referral center. Referring Practice Online is a secure, interactive web portal that extends IDX core administrative and clinical systems beyond the care delivery organization to community and referring physicians. University of Colorado Hospital has been using IDX(R) Flowcast(R) revenue cycle management solutions since 2001. By adding this new IDX eHealth solution across all of its 40 outpatient clinics, University of Colorado Hospital plans to expand revenue by increasing external referrals, reduce costs by streamlining internal referral processes, and enhance the experience of both referring physicians and their patients. Ranked among the top hospitals in the country by U.S.News & World Report's annual survey of "America's Best Hospitals," University of Colorado Hospital is nationally and internationally respected for its exceptional teams of medical specialists. In a three-month pilot program during 2005 involving four internal specialty practices, one internal primary care clinic, and two external primary care clinics at University of Colorado Hospital, the new Referring Practice Online demonstrated potential for revenue enhancement by increasing referral volume by ten percent. The move from a paper-intensive manual process to a rapid web-based portal-combined with centralization of the referral process-is expected to significantly reduce costs for the hospital while facilitating scheduling and status feedback for referring providers and patients. IDX(R) Patient Online(R), a companion product to Referring Practice Online, is also live at the University of Colorado Hospital. This secure, self-service portal enables patients to manage the clinical and administrative aspects of their care; communicate with healthcare providers; gain access to their health history, results and reports, and clinical notes; and schedule appointments. University of Colorado Hospital is currently using Patient Online in nine of its clinics, and plans to eventually offer Patient Online and Referring Practice Online together in all of its outpatient clinics. "We see strong potential for both revenue and service enhancement as we extend our IDX solutions deeper into our own organization and out into the community to help referring providers and the patients they serve. With Referring Practice Online at the core of a central referral center for our organization, we expect to reduce internal phone call volume by as much as 25 percent," said Robert Harris, Vice President of Ambulatory Services, University of Colorado Hospital. "The pilot program demonstrated the minimal training required -- and the very enthusiastic acceptance of the solution -- on both the primary care and the specialty sides. We look forward to providing Referring Practice Online and Patient Online as a complete Internet package to everyone we serve and partner with in the community," said Melissa Greer, Senior Director, Revenue Cycle Operations, University of Colorado Hospital. "University of Colorado Hospital has been a valuable partner in influencing the evolution of Referring Practice Online. We're pleased to provide them with an easy-to-use, self-service tool that will help maximize the value they receive from their investments in IDX solutions and enable them to compete more favorably for referrals to their key services," said Jeff Kao, Senior Vice President and General Manager, IDX Flowcast Operating Unit. "As regional health information organizations become a reality, the notion of extending the healthcare enterprise beyond the four walls of the hospital is taking hold. Web-based solutions that foster doctor-to-patient- and doctor- to-doctor-communication will be a cornerstone in the evolution of care delivery." Referring Practice Online has been developed to allow specialists to coordinate more effectively and efficiently with practitioners and patients in the community. Referring Practice Online provides online tools for identifying specialists and services, requesting and confirming patient appointments, forwarding pre-visit documentation, sending and receiving secure messages, and viewing clinical documentation in real time for timely and comprehensive follow-up care. About University of Colorado Hospital University of Colorado Hospital is the Rocky Mountain region's leading academic tertiary care and referral center, and has been recognized as one of the United States' best hospitals, according to U.S.News & World Report. Located in Denver and Aurora, Colo., the hospital is part of the University of Colorado at Denver and Health Sciences Center, in the University of Colorado system. For more information, visit the Web site at http://www.uch.edu/. About IDX(R) Flowcast(R) Flowcast comprehensive revenue cycle management solutions are designed to help large physician organizations, hospitals and integrated delivery networks (IDNs) improve business performance. Flowcast solutions optimize the revenue cycle through the improvement of business processes associated with patient access, billing and reimbursement. The product also offers robust business intelligence capabilities to help monitor and improve performance metrics, including patient satisfaction, regulatory compliance issues and key financial indicators. About IDX 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. IDX, Flowcast, Patient Online and Referring Practice Online are trademarks or registered trademarks of IDX Investment Corporation. 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 and systems, including Flowcast, 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 industry, 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. For more information, contact: Kate Cartwright Media Relations - IDX 802.859.6009 DATASOURCE: IDX CONTACT: Kate Cartwright, Media Relations of IDX, +1-802-859-6009, Web site: http://www.idx.com/

Copyright