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InterSystems develops innovative database, integration, and business intelligence products. Known worldwide as a highly scalable object database for transactional systems, InterSystems CACHE(R) handles SQL queries faster than relational databases and enables rapid Web application development.
MITS develops and markets Online Analytical Processing and business intelligence solutions. LifePoint's clients use its services to transmit lab test results and related data through Software-as-a-Service (SaaS) solutions developed and hosted by LifePoint. These Web-based solutions are built on InterSystems CACHE. LifePoint has added MITS Report, an operational and ad hoc reporting solution designed for a wide range of MultiValue and relational databases, to its solution suite.
"LifePoint serves both medical providers and clinical medical laboratories," said LifePoint Chief Technical Officer Preston Law. "We're in the business of exposing test results data, produced by the labs, to the health care providers." As a result, providers who once relied on fax and mail can now quickly obtain test results online.
In addition to individual test results, both labs and providers must analyze and report aggregated test and test results data for reasons ranging from trend analysis to Medicare reimbursement reporting. "That's why we've added the MITS Report capabilities to our offerings," said Law. "And, we're encouraged by early reaction to the new report capabilities."
MITS President Fred Owen shares Law's optimism. "LifePoint's large, expanding client base presents significant revenue opportunities for all sides of this partnership," he pointed out. "This is our first sizable sale involving a CACHE-based application," Owen said. "And, because it will serve a large user base via the SaaS model, we think other CACHE users will be very interested in this offering."
Owen underlined the importance of CACHE to the MITS long-term strategy. "Thousands of companies use CACHE because it provides advanced capabilities for Web-based development along with massive scalability and high-performance transaction processing. People need reporting and business intelligence solutions for large data volumes, so the substantial CACHE installed base represents a significant market for MITS Report."
According to Owen, the new LifePoint implementation also demonstrates key strengths of MITS Report: the ease with which it can be private-labeled for resale and integration into other software solutions, and its high suitability for use in the SaaS solution delivery model.
"InterSystems is very pleased to be working with MITS and LifePoint to make MITS' advanced reporting capabilities easily accessible within LifePoint's SaaS solutions," said Matthew Nee, InterSystems Vice President of North American Sales. "InterSystems has strong working partnerships with both companies and it's gratifying to see them leverage CACHE to deliver these innovations within the high-growth SaaS-focused business sector."
About MITS
MITS(R) is the leading developer of Advanced Reporting and Business Intelligence for the MultiValue database market. The MITS product line contains both the MITS Discover(R) OLAP Business Intelligence suite as well as the new report tool, MITS Report(R). Founded in 1996 and headquartered in Seattle, Washington, the company's technologies are used by organizations, resellers, and systems integrators worldwide. MITS products are firmly entrenched in a wide range of business areas, including manufacturing, distribution, retail sales and services, education, government, healthcare, and insurance as well as in many other industries. For more details on MITS software solutions, contact a MITS representative at info@mits.com or visit the MITS Web site at www.mits.com.
About LifePoint Informatics
LifePoint Informatics provides Web-based, Windows-based, SaaS, and lab-hosted physician connectivity systems exclusively to the healthcare industry across the US and Canada. LifePoint helps hospital-based and commercial labs enhance their brands and reputation while reducing bad debt, delivery costs, medical errors and compliance risks associated with traditional paper based systems. The company's solutions, which may be private-labeled, help labs win and retain clients, reduce medical errors and improve client service. For more details on LifePoint Informatics healthcare connectivity and integration solutions, visit www.lifepoint.com.
About InterSystems
InterSystems Corporation is the worldwide leader in software for connected healthcare. With headquarters in Cambridge, Massachusetts, and offices in 22 countries, InterSystems provides innovative products that enable fast development, deployment, and integration of enterprise-class applications. InterSystems CACHE(R) is a high performance object database that makes applications faster and more scalable. InterSystems Ensemble(R) is a rapid integration and development platform that enriches applications with new functionality, and makes them connectable. InterSystems HealthShare(TM) is a platform that enables the fastest creation of an Electronic Health Record for regional or national health information exchange. InterSystems DeepSee(TM) is software that makes it possible to embed real-time business intelligence in transactional applications, enabling better operational decisions.
InterSystems is the world's #1 vendor of database and integration technologies for healthcare applications. InterSystems products are used by thousands of hospitals and labs, including all 21 hospitals on the Honor Roll of America's Best Hospitals as rated by U.S. News and World Report. For more information, visit InterSystems.com.
SOURCE: InterSystems Corporation
Shoor & Company Rita Shoor, 803-699-0710 rshoor@shoorpr.com or InterSystems Corporation Maureen Flaherty, 617-621-0600 pr@intersystems.com or MITS--Management Information Tools Mickey Lass, 206-789-8313, ext. 2278 mickey@mits.com or LifePoint Informatics Charles Stanback, 317-840-1505 cstanback@lifepoint.com
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