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Medicity
Announces Licensing Agreement with LabCorp
SALT LAKE
CITY, UT, Sept. 26,
2005 - Medicity, a leading developer of clinical information
software infrastructure, announced today a multi-year
exclusive licensing agreement with Laboratory Corporation
of America® Holdings (LabCorp®) (NYSE:LH).
“This agreement is the culmination of five years
of escalating activity between LabCorp and Medicity.
It provides them with a branded, browser-based ordering
and resulting application under the eLabCorp®
trade name, designed to allow providers to manage
lab orders and results from any internet-connected
computer,” explains Kipp Lassetter, MD, Medicity
CEO and Chairman. “But, perhaps more importantly,
the underlying technology, the Medicity DataStage®,
gives LabCorp an infrastructure for enabling a host
of new connectivity initiatives, all aimed at improving
their information services to customers.”
Medicity’s
DataStage includes a Master Patient Index that restructures
LabCorp data into a longitudinal, patient-centric
electronic health record. The DataStage also facilitates
the acquisition of electronic data like patient demographics
from practice management systems, and the storage,
transformation, and distribution of all kinds of clinical
results, including image-based reports. This prepares
them for rapid integration with all of their constituents,
including physician practices, community clinics,
hospitals, payers, government agencies, and even RHIO’s.
“With the rapid
adoption of physician EMR applications and the momentum
toward data sharing initiatives in care communities,
large healthcare organizations like LabCorp need a
more flexible architecture for creating connections
with disparate clinical systems. Medicity is a clinical
integration leader solving these complex healthcare
industry problems,” explains Lassetter. “While
other labs in the market offer proprietary EMR applications,
this agreement allows LabCorp to improve the speed
and quality of integration with all EMR vendors, creating
a less disruptive partnership between LabCorp/Medicity,
the physician and the physician's chosen EMR company.”
“LabCorp is
a particularly strategic client for us,” he
emphasizes, “because they have, arguably, the
largest national footprint of lab test data, a critical
source of patient information that influences care
decisions.”
About
Medicity
Medicity Inc. serves the healthcare industry with
clinical integration solutions, installed in over
125 hospitals and hospital systems, as well as other
large provider and payer organizations. Its customers
include such well known companies as Laboratory Corporation
of America (LabCorp), IASIS Healthcare, Daughters
of Charity Health Systems, and Catholic Healthcare
West. For more information about Medicity, contact
801.322.4444 or visit www.medicity.com.
Media Contact:
Courtney Lassetter
Medicity, Inc.
801.322.4444 or email at courtney@medicity.com.
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