Eighteen Hospitals Choose Picis` Integrated Clinical and Financial ED Solution

* Reuters is not responsible for the content in this press release.

Mon Jun 1, 2009 10:00am EDT

Combined solution improves documentation, compliance and charging accuracy for
ED services 
WAKEFIELD, Mass.--(Business Wire)--
Picis announced today that it has continued to expand its market share with the
recent addition of several new agreements with North American health systems for
Picis` integrated clinical and financial emergency department (ED) solution. An
average hospital can lose $30 or more per patient in the ED from incomplete or
inaccurate documentation, coding and charging for patient care provided.
Recently, Exempla Health System of Denver, Colo., Robert Wood Johnson University
Hospital of Hamilton, N.J. and 16 other prestigious medical centers throughout
North America have acknowledged the ED`s impact on their performance and
selected Picis` integrated clinical and financial ED solutions to prioritize the
ED service line. Twelve hospitals have gone live this year alone and an
additional six medical centers are scheduled to go live with ED PulseCheck®,
part of the CareSuite® family of high-acuity solutions, integrated with Picis
LYNX E/Point® point-of-care revenue capture system in the next month. 

Demand for Picis` market-leading ED solutions is strong among hospitals looking
to leverage this quick time-to-value health information technology (HIT) to
reduce lost revenue, optimize the efficiency of treating patients and prepare
for Recovery Audit Contractor (RAC) audits. Studies show that hospitals and
health systems utilizing these approaches demonstrate a positive impact on both
quality and financial performance of the entire healthcare organization. The
American Recovery and Reinvestment Act (ARRA) provides further incentives for
hospitals to adopt Picis` proven high-acuity care solutions to overcome the
challenges facing today`s healthcare systems. 

"We really believe that information technology used appropriately is the way to
hardwire best practice workflow and integrate evidence-based medicine protocols
into workflow," said Dave Pecoraro, chief information officer, Exempla Health
System. "I believe our investment is going to pay off well in that achieving
meaningful use -under the early published rules - should be within our reach." 

2009 Customer Highlights to Date

* Customer Go-Lives with Integrated Clinical and Financial ED Solutions - Thus
far in 2009, a number of health systems have gone live with ED PulseCheck and
LYNX E/Point solutions, expanding or converting their existing Picis solutions
to make accurate charge capture of ED services a natural byproduct of clinical
documentation within ED PulseCheck. These include: Bixby Medical Center and
Herrick Medical Center, members of the ProMedica Health System in Mich.;
Catholic Medical Center in N.H.; Decatur Memorial Hospital in Ill.; Exempla
Lutheran Medical Center and Exempla Saint Joseph Hospital in Colo.; Hunterdon
Healthcare in N.J.; Providence St. Peter Hospital in Wash.; Riverside Regional
Medical Center in Va.; Robert Wood Johnson in N.J.; and Tuomey Regional Medical
Center in S.C., all long-time Picis customers.

According to Matthew E. Witt, project manager, Tuomey Regional Medical Center,
"Things are wonderful! The staff has been in much better compliance now with the
assessments and we have seen a remarkable and immediate improvement in our
facility level distribution. They could not be happier!"

* University of Colorado Hospital, the first customer to launch Picis`
integrated ED PulseCheck and LYNX revenue management solutions, went live in
2008 and quickly reported a $62 per patient increase in billable revenue in the
ED by leveraging improved quality of clinical documentation with increased
charging and coding efficiency, more accurate reimbursement and improved
consistency with electronic billing. 
* Implementations Underway - St. Rose Hospital in Calif.; St. Francis Medical
Center in Mo.; and Palisades Medical Center in N.J. have already gone live with
LYNX E/Point charge capture as part of their ED implementation, and are
currently implementing ED PulseCheck for end-to-end ED management. 
* Recent E/Point signings with ED PulseCheck - Several medical centers have
recently contracted with Picis to install the integrated ED solution. These
include: Sentara Obici Hospital in Va.; Union Hospital in Ind.; and Hoboken
University Medical Center in N.J.

Picis ED solutions automate more than 28 million patient visits annually in more
than 700 hospitals throughout North America. Picis ED PulseCheck version 4.0 is
a CCHIT 08 certified ED Electronic Health Record (EHR). 

"Hospitals can enhance quality and provide more efficient care by implementing
technologies such as Picis ED solutions that tie together clinical and financial
efficiency," said Todd C. Cozzens, chief executive officer and vice-chairman,
Picis. "The growing number of hospitals that continue to partner with Picis and
expand their use of our systems shows their confidence in our delivering rapid
results in these difficult-to-automate care areas." 

About Picis

Picis is a global provider of innovative information solutions that enable rapid
and sustained delivery of clinical, financial and operational results in the
acute care areas of the hospital. These high-acuity areas include the emergency
department, operating and recovery rooms, and intensive care units. Picis offers
the most advanced suite of integrated products focused on these life-critical
areas of the hospital where the patients are the most vulnerable, the care
process is the most complex and an increasing majority of hospital costs and
potential revenue are concentrated. Headquartered in Wakefield, Massachusetts,
Picis has licensed systems for use in more than 1,700 hospitals in 19 countries.
More information is available at www.picis.com. 

© 2009 Picis, Inc. All rights reserved. Picis, CareSuite, E/Point and ED
PulseCheck may be a trademark or registered trademark of Picis, Inc. in the
United States and/or other countries. All other trademarks mentioned herein are
the properties of their respective owners. This press release contains express
or implied forward-looking statements relating to, among other things, Picis`
expectations concerning the functionality and market acceptance of its products,
and management`s plans, objectives and strategies. These statements are neither
promises nor guarantees, but are subject to a variety of risks and
uncertainties, many of which are beyond Picis` control, which could cause actual
results to differ materially from those contemplated in these forward-looking
statements. 



Picis
Ann Joyal, 781-557-3000
Corporate Communications
E-mail: PR-Contact@picis.com
or
Lois Paul & Partners
Susan McCarron, 781-782-5767
Media Relations
E-mail: susan_mccarron@lpp.com

Copyright Business Wire 2009

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