WOODLAND HILLS, Calif., Aug. 3 /PRNewswire/ -- OAO HealthCare Solutions, Inc.(TM) (OAOHS), a leading provider of benefits administration solutions, today announced the development of EZ-ANALYTICS, a health management and analysis tool specifically designed for its EZ-CAP(R) clients. EZ-ANALYTICS provides EZ-CAP clients with enhanced query and analysis functionality to evaluate the performance of their contracted physician groups using industry standard quality of care measures such as childhood immunization status and comprehensive diabetes care.
EZ-ANALYTICS offers health plans, TPAs, IPAs, PHOs, MSOs, employer groups, and other benefits administrators with a simple utility to extract data, perform analysis, and produce reports based on industry standard indicators and metrics, thus helping clients capitalize on evolving healthcare initiatives such as California's Pay-for-Performance.
"EZ-ANALYTICS is another example of our commitment to enhancing our software solutions by developing ancillary products that address the ever- evolving challenges facing our clients," said Zan Calhoun, president of OAOHS. "The addition of EZ-ANALYTICS allows EZ-CAP clients to address the broadest spectrum of health measurement needs at the lowest total cost of ownership."
EZ-ANALYTICS manages these functions with its HealthAnalytics component, a module for configuring and producing data related to clinical measures. Future enhancements to EZ-ANALYTICS currently in development include MedAnalytics and LabAnalytics components. MedAnalytics will produce metrics related to pharmacy data while LabAnalytics will provide review of information related to asthma and other lab care. The quality of care analysis capability in each of these components enables users to reduce their reliance on in-house developers to build reports, while offering the ability to obtain significant financial incentives based on benefit performance delivery.
"As administrative management organizations continue to expand their use of automated tools for measuring healthcare delivery and capitalizing on available fiscal rewards, they need to ensure their deployments can integrate seamlessly with their benefits administration system without sacrificing performance," said Randy Tippitt, product line executive for EZ-CAP. "The integration of EZ-CAP's affordable, user-friendly claims and payment system with EZ-ANALYTICS' detailed review of quality of care indicators will support organizations that strive to increase member care and satisfaction."
EZ-CAP is a Microsoft(R) Windows(R)-based benefits administration system for managing eligibility, premium billing, claims, authorizations, referrals and more. Noted for its quick implementation, EZ-CAP is an affordable out-of- the-box benefits information system used by over 150 administrative management organizations.
About OAO Technology Solutions, Inc. (OAOT)
OAOT operates across two lines of business: Managed IT and Healthcare IT Solutions. As a partner to global outsourcers and major corporations, OAOT delivers managed IT solutions to commercial clients and government agencies worldwide. The Company's key offerings include: application management, IT infrastructure support, professional staffing services and healthcare IT solutions. Headquartered in Greenbelt, Maryland, the Company's 2,500 employees work in over 200 locations throughout the world. For more information visit the OAOT website at http://www.oaot.com/.
About OAO HealthCare Solutions, Inc. (OAOHS)
OAOHS is a wholly owned subsidiary of OAO Technology Solutions, located in Woodland Hills, California, and is a leading provider of electronic health benefit information solutions designed to meet the specific business needs of healthcare payers and providers. Its fully integrated information solutions enable healthcare organizations to automate business processes, streamline operations, and improve workflow. For more information visit the OAOHS website at http://www.oaohs.com/.
SAFE HARBOR STATEMENT: This news release contains forward-looking statements concerning future results, performance or expectations. These statements are based upon the Company's current expectations and assumptions, which are subject to risks and uncertainties that may cause actual results to differ materially from those anticipated or described. These risks include the risks and uncertainties relating to the difficulties of investments in infrastructure, expansion of business offerings, opportunities in the marketplace, future financial results and other factors.
Microsoft(R) SQL Server is a registered trademark of Microsoft Corporation in the United States and/or other countries. EZ-CAP is a registered trademark of OAO HealthCare Solutions, Inc.
OAO HealthCare Solutions, Inc.CONTACT: Sue Lawrence-Longo of OAO Technology Solutions, Inc.,+1-301-486-2320, media@oaot.com; or Nicolette Worley Marselian of OAOHealthCare Solutions, Inc., +1-818-710-2228, nworley@oaohs.com
