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IDX Systems Corporation (IDXC) Release: Healthcare Leaders Outline Strategies For 21st-Century Care Delivery At Fourth Annual IDX Healthcare Executive Summit


10/19/2005 5:12:48 PM

BURLINGTON, Vt. and SEATTLE, Sept. 26 /PRNewswire-FirstCall/ -- More than 130 healthcare industry executives and experts recently gathered at the 2005 IDX Healthcare Executive Summit to discuss strategies for creating digital health systems that deliver safe, efficient and cost-effective patient care. The fourth annual summit focused on challenges and solutions for implementing electronic health records (EHRs) across organizations, regions and nations, including the challenges of connecting numerous providers, coordinating care and proactively managing patient health across disparate geographic locations. Key executives and clinicians - including CEOs, CIOs, and chief medical and nursing officers - from healthcare organizations throughout North America and the United Kingdom attended the event, held Sept. 22-25 in Dana Point, Calif.

The event featured a number of today's key influencers in healthcare, beginning with remarks from Dr. David Brailer, National Coordinator for Health Information Technology, who discussed his strategies for overcoming barriers inherent to achieving widespread adoption of interoperable EHRs within 10 years. He provided an update on his office's accomplishments in bringing together healthcare stakeholders, promoting adoption and supporting interoperability. Dr. Brailer emphasized the importance of collaboration between public and private sectors, and hailed the recent formation of the American Health Information Community (AHIC) as a positive step in advancing more widespread use of electronic health records across the continuum of care.

AHIC, a federally charted commission comprised of 17 representatives of both the private and public sectors, will hold its first meeting October 7 and will advise Health and Human Services on making health records digital and interoperable, and assuring that the privacy and security of those records are protected in a smooth, market-led way.

"We need to create a level playing field to have the right IT tools available for everyone," Dr. Brailer said at the summit. "The government needs to be a catalyst to this effort, and not a regulator or a dictator." Brailer also commented that promoting IT adoption does not equate to "dropping computers on physicians' desks." He urged the vendor community to be guided by a commitment to promoting the overall quality of care and to designing "software that drives value for physicians" - particularly by offering user- friendly and effective physician workflow tools.

Newt Gingrich, founder of the Center for Health Transformation and Former Speaker of the U.S. House of Representatives, called on executives to lead the transformation of the healthcare system into one that is prevention-focused, knowledge-rich and electronically based. Speaker Gingrich highlighted the need for healthcare leaders to have the appropriate technology, financial and leadership tools to create a system that saves lives and saves money.

"Incremental change cannot move us from our current system into one that is intelligent, safe, efficient, accessible and meets the needs of 21st Century America," Speaker Gingrich said. "Provider organizations that are 'islands of excellence' must lead the way in working together to transform our system. It will take transformational and rapid change to reach new levels of patient safety, quality care and cost-effectiveness."

Speakers also provided insights into how healthcare organizations can best chart a course through the rapid and complex changes of technology adoption. Dr. Molly J. Coye, founder and CEO of Health Technology Center, spoke about the increasing momentum to electronically connect health systems with individual providers, noting that along with other technology developments, this change will affect the financial and collaborative relationships between hospitals and community physicians. To illustrate a successful approach to navigating these challenges, Dr. John Haughom, Senior Vice President at PeaceHealth, presented a case study on the non-profit health system's Community Health Record (CHR), which supports seamless care delivery across inpatient and ambulatory facilities in Alaska, Washington and Oregon. Today the CHR, built on the IDX enterprise clinical system, supports care for 1.5 million patients and is used by approximately 16,000 PeaceHealth employees and affiliates. In addition, 54 independent practitioners use the system to provide care in their offices via an ASP/ISP (Application Service Provider/Internet Service Provider) model and market-based fee structure.

Independent health policy writer, lecturer and ethicist Emily Friedman discussed the challenging issues and ethical questions inherent to the increasing role of information technology, clinical data and genetics research in patient care. She offered 10 Ethics Rules for the Age of Technology, combining humor with practical guidance for keeping ethics paramount in addressing such issues as the privacy of personal medical information, the outcomes of healthcare information becoming proprietary, and the potential vulnerabilities of clinicians and patients who are not technologically savvy.

In a second IDX customer case study, David K. Wessner, president and CEO of Park Nicollet Health Services (St. Louis Park, Minn.), discussed how the organization has used "Lean Production" quality-improvement techniques with the integrated IDX EHR system to streamline clinician workflow and improve its operating margin. Including cross-continuum information on more than 2.1 million patients, the organization's EHR has supported return on investment for Park Nicollet of $29 million over five years, with a current annual savings of $18.3 million. Savings were gained through such achievements as reduced duplication of work, reduced errors, more streamlined clinical documentation and reductions in the cost of storing paper records. Building on its exemplary EHR, Park Nicollet is also one of 10 organizations nationwide participating in the Centers for Medicare and Medicaid Services' pay-for- performance pilot program, which provides incentives for improving quality outcomes for patients with diabetes and other chronic diseases.

To close the summit, guest speaker General Tommy Franks drew upon his experience leading America's military forces through numerous challenges, and offered unique perspectives on the principles of integrity, teamwork and compassion, and leadership as applied to the mission-critical healthcare environment.

During the event, many attendees toured the IDX Digital Healthcare Community, a simulated healthcare network that tracks a patient's journey across ambulatory and inpatient settings and illustrates how the IDX(R) Carecast(TM) clinical information system supports clinical and financial best practices throughout the continuum of care. The IDX Digital Healthcare Community featured advanced technologies to benefit patient care and productivity, including the lifetime, image-enabled EHR, Computerized Physician Order Entry, medication barcode charting and advanced decision support.

"Today, countries around the globe are witnessing a defining moment in healthcare. Our industry has an extraordinary opportunity to transform patient care and to create national and local infrastructures to ensure that life- saving medical information is always available," said IDX CEO James H. Crook, Jr. "That's why it is critical to create environments such as the IDX Healthcare Executive Summit that enable healthcare leaders to share ideas, gain insights and work together to realize technology's full benefit to both the quality and cost-effectiveness of healthcare."

About IDX(R) Carecast(TM)

Carecast is a fully integrated clinical, financial and administrative system, combining core clinical processes for orders, results, pharmacy and clinical documentation with administrative and financial processes for scheduling, registration, admitting, charging and billing. Representing the next generation of electronic clinical information solutions, Carecast delivers unsurpassed response time and reliability to support fast-paced clinical environments. The system automates workflow throughout the healthcare enterprise and enables rapid access to patient records across the care continuum, from admission to discharge, including inpatient and ambulatory care. The result is a comprehensive lifetime patient record that enhances the quality of care and promotes operational efficiencies.

Developed by and for providers - in collaboration with leading hospitals, clinicians and healthcare executives - Carecast builds on 25 years of innovation with the IDX(R) LastWord(R) enterprise system. Customers include leading healthcare organizations in the U.S., Canada and Europe

About IDX Systems Corporation

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, Carecast and LastWord are registered trademarks or 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, including Carecast, possible failure of IDX to realize the benefits of developing clinical guidelines, 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 and e-Commerce industries, 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: Jamie Gier Vice President, Marketing - IDX Carecast 206.607.5472 jamie_gier@idx.com Catherine Sweeney Media Relations - IDX Carecast 206.607.5462 catherine_sweeney@idx.com

IDX Systems Corporation

CONTACT: Jamie Gier, Vice President, Marketing - IDX Carecast,+1-206-607-5472, jamie_gier@idx.com, or Catherine Sweeney, Media Relations- IDX Carecast, +1-206-607-5462, catherine_sweeney@idx.com, both of IDXSystems Corporation


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