CapMed and StayWell Health Management Collaborate by Bundling Population Health Management Programs and Services with Personal Health Records
New solution reflects Americans' growing reliance on Internet
resources
NEWTOWN, Pa.--(Business Wire)--
CapMed (http://www.capmed.com), a division of Bio-Imaging
Technologies, Inc. (NASDAQ: BITI), and provider of interactive
personal health management solutions, today announced that CapMed and
StayWell Health Management have begun offering their customers a
unique bundled product that incorporates CapMed's award-winning
Personal Health Record (PHR) and StayWell Health Management's
industry-leading population health management solutions. The robust
consumer-tailored product offering includes health assessment tools,
wellness coaching, health behavior change programs, and reliable,
high-quality health information.
While many PHRs offer health risk assessment tools, StayWell's
capabilities are far more comprehensive and provide consumers a higher
level of actionable health and wellness options. Research consistently
shows that StayWell's health assessments and disease management
programs improve employee health, reduce health care costs, and
produce a superior return-on-investment. At one StayWell customer
site, program participation was associated with a $200 annual
reduction (equal to more than $350 in today's dollars) in health care
costs per person.
Wellness programs are becoming more and more popular throughout
the country. According to the Society for Human Resource Management,
86 percent of U.S. employers surveyed offer wellness programs,
according to Working Well: A Global Survey of Health Promotion and
Workplace Wellness Strategies, released in October 2007, and the top
strategic objective for offering wellness programs is to drive down
their health care costs.
Combining wellness programs with CapMed's comprehensive and
interoperable PHR is a natural partnership that brings great value to
the consumer. Through CapMed's PHR, users can track and manage all
facets of personal health and wellness information from home, work or
while traveling, at any time of the day or night. Consumers will also
be able to link to individually-relevant patient education and receive
important personal alerts and reminders, supporting CapMed's goal of
making health information personal and actionable. Additionally,
consumers can take advantage of multiple tools and features to manage
their family's information such as drug interaction checking,
importing data from remote healthcare monitoring devices, and
authorizing providers, family members, and caregivers to view all or
part of the data within the PHR.
Through this collaboration, CapMed and StayWell will offer new and
existing partners interactive personal health management solutions
that include the CapMed PHR, StayWell's health risk assessments
(HRAs), health coaching, publications, educational materials and
training programs. Employer, physician, health plan provider and
pharmaceutical company partners can personalize the offering for their
own PHR end users.
"StayWell's health management programs bring a whole new dimension
of value to CapMed's PHR," said Wendy Angst, General Manager of
CapMed. "In addition to being able to manage and store their own and
their family's health information, CapMed PHR users will be able to
access and manage a tailored health and wellness program though
StayWell's HRAs and health coaching capabilities."
CapMed will showcase the integrated CapMed/StayWell offering
during the HIMSS 08 launch of CapMed's new consumer product onlinePHR,
booth #3579.
"Our business at StayWell is about helping real people make
positive and lasting changes in their health and their lives," said
Paul Terry, Ph.D., president and chief operating officer, StayWell
Health Management. "Giving people the information, the tools, and the
power to make decisions about their health goes hand-in-hand with our
approach to behavior change. That's what makes the collaboration
between StayWell and CapMed PHR so promising. Together, we can provide
great value to the industry and to individual health care consumers."
About CapMed
CapMed, a division of Bio-Imaging Technologies, Inc., is the
cornerstone of Bio-Imaging's Personal Health Management Division.
CapMed is the leading provider of patient outreach solutions for
hospitals and healthcare systems, providers' offices, managed care
organizations and pharmaceutical companies, with more than 600,000
distributed to date. These solutions enable patients to monitor and
manage their health and to improve communications with care providers,
ultimately improving outcomes and reducing costs of care and are
available in four formats: Online PHR, icePHR, the portable Personal
HealthKey, Personal Health Record CD-ROM, and the soon-to-be-release
mobile phone application icePHR Mobile. CapMed offers custom
development to organizations who want to add unique or proprietary
capabilities to the platform. For more information on the CapMed
Personal Health Management Solutions, please visit www.CapMed.com or
the consumer website, www.CapMedPHR.com.
Bio-Imaging Technologies, Inc. is a healthcare contract service
organization providing services that support the product development
process of the pharmaceutical, biotechnology and medical device
industries. The Company has specialized in assisting its clients in
the design and management of the medical-imaging component of clinical
trials since 1990. Bio-Imaging serves its clients on a global basis
through its Core Labs in Newtown, PA, and Leiden, The Netherlands,
along with business offices in PA, MA, The Netherlands, Germany and
France. Through its CapMed Personal Health Management Suite,
Bio-Imaging provides its Personal HealthKey(TM) technology, the
Personal Health Record (PHR) software, and CapMed Patient Portal
allowing patients to better monitor and manage their health care
information. (www.bioimaging.com)
Certain matters discussed in this press release are
"forward-looking statements" intended to qualify for the safe harbors
from liability established by the Private Securities Litigation Reform
Act of 1995. In particular, the Company's statements regarding trends
in the marketplace and potential future results are examples of such
forward-looking statements. The forward-looking statements include
risks and uncertainties, including, but not limited to, the
consummation and the successful integration of current and proposed
acquisitions, the timing of projects due to the variability in size,
scope and duration of projects, estimates made by management with
respect to the Company's financial results, backlog, critical
accounting policies, regulatory delays, clinical study results which
lead to reductions or cancellations of projects and other factors,
including general economic conditions and regulatory developments, not
within the Company's control. The factors discussed herein and
expressed from time to time in the Company's filings with the
Securities and Exchange Commission could cause actual results and
developments to be materially different from those expressed in or
implied by such statements. The forward-looking statements are made
only as of the date of this press release and the Company undertakes
no obligation to publicly update such forward-looking statements to
reflect subsequent events or circumstance. You should review the
Company's filings, especially risk factors contained in the Form 10-K
and the recent form 10-Q.
The names of actual companies and products mentioned herein may be
the trademarks of their respective owners.
CapMed
Wendy Angst, 267-757-3000
General Manager
or
Media Inquires:
KNB Communications
Christopher Capot, 212-505-2441
or
Investor Relations:
Porter, Levay, and Rose
Linda Decker, 212-564-4700
Copyright Business Wire 2008
