Business Intelligence News

Mon Nov 2, 2009 9:13am EST

CAMBRIDGE, Mass.–(Business Wire)–
InterSystems Corporation today announced reseller agreements with two new
InterSystems application partners. Management Information Tools, Inc. (MITS) and
LifePoint Informatics have partnered to help medical laboratories provide
timely, accurate reporting services to healthcare providers.

InterSystems develops innovative database, integration, and business
intelligence products. Known worldwide as a highly scalable object database for
transactional systems, InterSystems CACHÉ 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 CACHÉ.
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
CACHÉ-based application,” Owen said. “And, because it will serve a large user
base via the SaaS model, we think other CACHÉ users will be very interested in
this offering.”

Owen underlined the importance of CACHÉ to the MITS long-term strategy.
“Thousands of companies use CACHÉ 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 CACHÉ 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 CACHÉ to deliver these innovations within
the high-growth SaaS-focused business sector.”

About MITS

MITS is the leading developer of Advanced Reporting and Business Intelligence
for the MultiValue database market. The MITS product line contains both the MITS
Discover OLAP Business Intelligence suite as well as the new report tool, MITS
Report. 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 CACHÉ is a high performance object database that makes applications
faster and more scalable. InterSystems Ensemble is a rapid integration and
development platform that enriches applications with new functionality, and
makes them connectable. InterSystems HealthShare is a platform that enables the
fastest creation of an Electronic Health Record for regional or national health
information exchange. InterSystems DeepSee 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.

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

Copyright Business Wire 2009

Related posts:

1. Research and Markets: 3M Medical Device Company Intelligence Report 2009 – Now Available Wed Oct 14, 2009 8:22am EDT DUBLIN–(Business Wire)– Research and...
2. Oracle Database R2 Adds In-Memory Query Posted by Doug Henschen Wednesday, September 2, 2009 Oracle seems...
3. Demand for Business Intelligence Software Rising, Report Says By: Nathan Eddy 2009-10-16 Cost-conscious businesses are increasingly turning to...
4. South London Healthcare NHS Trust Selects Ardentia Business Intelligence Tools to Support Merger Improved access to data will help Trust to meet Referral...
5. Oracle Upgrades BI, Performance Management Suites By Antone Gonsalves October 14, 2009 Oracle has launched upgrades...

Related posts brought to you by Yet Another Related Posts Plugin.

This entry was posted on Tuesday, November 3rd, 2009 at 8:43 am and is filed under Business Intelligence News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.