QuadraMed Announces the 2006 Excellence in Healthcare Information Technology Award Recipients
September 12 2006 - 7:18PM
Business Wire
QuadraMed(R) Corporation (Amex:QD) today announced the winners in
the company's second annual "QUEST Award" program. The program
recognizes innovative uses of QuadraMed healthcare information
technology in three categories - Patient Safety Improvement,
Revenue Cycle Improvement, and Efficiency Improvement. This year's
winners include Sibley Memorial Hospital, Washington, DC; Hannibal
Regional Hospital, Hannibal, Missouri; and Good Samaritan Hospital,
Vincennes, Indiana. The three hospitals and their representatives
were honored today during an Awards Luncheon at the 2006 QuadraMed
User Group Conference in Denver, Colorado. In honor of their
achievements, each institution will receive a $5,000 grant for its
general fund. Sibley Memorial Hospital was recognized for Patient
Safety Improvement. In its award submission, authored by Dianne
McCarthy, Director of Rehabilitation Medicine, and Michael Herman,
Senior Applications Analyst, the hospital reported it is using
QuadraMed Affinity(R) Patient Charting and Order Management to
improve patient safety and clinical staff efficiency. Sibley has
eliminated paper documents for evaluations, progress notes and
treatment flowsheets. In doing so, patient charting is completed on
mobile devices. Pain assessment and response to treatment are now
uniformly documented, and physicians can easily access current
assessment and treatment data anytime, anywhere via the Internet.
Hannibal Regional Hospital received its grant for Revenue Cycle
Improvement. The hospital's submission, written by Ruth Koch, RHIT,
Director of Health Information Services, noted that among its
accomplishments, Hannibal has increased its cash flow in two areas
totaling $3.75 million, while reducing its A/R days from 70 to 42.
These results were achieved using Affinity Patient Charting, EDM
and Health Notes and QuadraMed TempusOne for patient scheduling.
Hannibal Regional was also a Quest Award recipient in 2005. In the
Efficiency Improvement Category, Good Samaritan Hospital took
honors for its use of Affinity Patient Scheduling to centralize its
scheduling process while de-centralizing patient registration.
Kathy Hartsell, Patient Accounts Manager, authored the hospital's
submission. In it, she detailed how Good Samaritan has
significantly improved staff efficiency, enhanced relations with
its physician community, and improved patient satisfaction to the
99th percentile. Also, the system's Resource Activity reports
ensure coders now review in advance the accuracy and correct
diagnosis of all scheduled services. This is the Good Samaritan's
second consecutive QUEST Award. Each QUEST Award entrant is
required to complete a detailed application describing the
achievement, business issues, objectives, approach, the use of
QuadraMed products, and the final results. Submissions are then
reviewed by a panel of six healthcare information technology
experts who select one winner in each category. In addition to the
$5,000 grant, winners receive a commemorative plaque and a synopsis
of their achievement will be posted to the QuadraMed website so
that other healthcare providers can benefit from what the awardees
have accomplished. Further information about the QUEST Award
program and all QuadraMed products and related services is
available by visiting the company website at www.quadramed.com.
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,
Affinity and TempusOne are registered trademarks of QuadraMed
Corporation. All other trademarks are the property of their
respective holders.
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