14.02.2005 14:07:00
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SeeBeyond Unveils Composite Applications to Enable Clinical Transforma
SeeBeyond Unveils Composite Applications to Enable Clinical Transformation SOA-based Solutions Enable Healthcare Organizations to Address Regulatory Requirements, Improve Patient Safety and Leverage Existing Technology Assets
SeeBeyond (Nasdaq: SBYN), provider of the world's first fully Integrated Composite Application Network (ICAN) for advanced integration and composite applications solutions, today unveiled several prototypes to showcase the value of composite application technology in enabling organizations to fully leverage their existing IT investments. These prototypes build upon the Company's flagship composite application solution, eIndex(TM) Global Identifier, which is currently in production at numerous customer sites to enable a single view of patient information. In addition to eIndex, the following Composite Application prototypes will be showcased at this week's HIMSS Conference: Claims Lifecycle Management (CLM), Patient Bed Management, and Business Process Improvement and Workflow. SeeBeyond believes composite application technology marks the beginning of a much larger business transformation initiative - one that can enable healthcare organizations to meet today's business challenges associated with regulatory requirements and patient safety while leveraging existing technology assets.
With healthcare funding required to stretch further than ever before, payers and providers can no longer afford to replace foundation systems to support emerging and fundamental business processes. The ability to leverage and protect multimillion Dollar investments in infrastructures that many healthcare organizations currently have in place is critical. A composite application allows organizations to do just this by efficiently orchestrating and integrating functions, services and data models across existing systems. As a result, healthcare organizations are able to cost-effectively provide new capabilities targeted to improve patient safety levels and enable the secure distribution of patient medical information across the continuum of care.
New-generation healthcare enterprise applications, both for the electronic health record and for business are being built upon a Service-Oriented Architecture (SOA). This is according to VP & Research Area Director of Gartner Healthcare, Wes Rishel, who adds, "Many organizations have traditionally used a piece-meal approach to integration, treating each integration project as an isolated problem. This approach will not suffice given today's regulatory and economic environment and the need to integrate with large external networks. What is required is the agility to create new user functionality leveraging existing applications. SOA is one of the fundamental keys to achieving the agility necessary for building applications that are flexible and robust in the face of changing requirements and technologies."
A common requirement for many organizations today is the need to enable a new business process leveraging existing legacy systems; however most do not have the ability to access, extract or manage the data held within these systems. Composite application technology can be a powerful application development tool to solve this need, allowing for the accelerated creation of a new software application based on existing systems. SeeBeyond ICAN 5 provides customers with an SOA-based framework to rapidly construct their own composite application solutions to meet their individual needs - with minimum intrusion, cost and resources.
"The healthcare industry cannot afford to replace multi-million dollar legacy systems," said Wayne Owens, General Manager of Healthcare for SeeBeyond. "With today's dynamic business climate, we anticipate our customers will use ICAN to build hundreds of composite applications to meet near-term business requirements and regulatory mandates. The true power of SeeBeyond's technology lies in our ability to provide customers with a user friendly, J2EE-certified tool set to transform existing legacy systems into responsive, state-of-the art business solutions."
Deploying composite applications is about getting added "business value" and creating a business application integration process that is driven by business demand, not IT application limits. This vision is becoming a reality today as part of the largest integration project in the world with the U.K.'s National Health System (NHS), where SeeBeyond is being deployed to support the enablement of a "Single Patient View" across the entire country.
"Revolutionizing healthcare IT systems and ultimately the quality of patient care across the globe, SeeBeyond is quickly becoming the standard for national healthcare infrastructures," adds Owens. "With innovative composite application technologies, which enable physicians to maximize technology investments and improve patient safety, customers are already seeing significant benefits."
Realizing Clinical Transformation with SeeBeyond
With a 15-year track record in the industry, SeeBeyond understands the challenges and the opportunities facing healthcare organizations today. Powered by SeeBeyond ICAN 5, the following eIndex composite application and the new composite application prototype demonstrations being showcased at HIMSS 2005, and can be instrumental components to enabling true clinical transformation.
For more information about SeeBeyond's composite application demonstrations, please visit the SeeBeyond booth #6427 in the exhibit hall at HIMSS 2005. For more information about SeeBeyond's solutions for Healthcare, please visit www.seebeyond.com/industries/health.asp.
About SeeBeyond
Based on 15 years of software innovation and real-world experience in integrating systems across Global 2000 organizations, SeeBeyond (Nasdaq: SBYN) delivers the industry's first integrated composite application network built on a comprehensive integration platform. The SeeBeyond(R) Integrated Composite Application Network Suite(TM) helps organizations rapidly assemble and deploy enterprise-scale end-user applications built on existing systems and infrastructure to dramatically improve business operations. SeeBeyond has approximately 2,000 customers worldwide. A sampling of SeeBeyond's healthcare customers in the Provider space includes Ascension HealthCare Group, Baylor, Children's Hospital of Philadelphia, CareGroup, Children's Medical Center of Dallas, The Cleveland Clinic, Duke University Health System, Fairview Health Services, Good Samaritan Hospital of Los Angeles, Intermountain Healthcare, Kaleida Health System, Meriter Health Service, Michigan Health System, New York Presbyterian Hospital, Queensland Health, Sutter Health, Texas Health Resources and UCLA Medical Center. A sampling of SeeBeyond's healthcare customers in the Payer space includes Blue Cross Blue Shield of Massachusetts, Blue Shield of California, Blue Cross Blue Shield of North Carolina, Blue Cross of Idaho, Coventry Health Care Inc., Horizon BCBS of New Jersey, Group Health Inc. and The Regence Group. For more information, please visit www.seebeyond.com.
SeeBeyond is a registered trademark of SeeBeyond Technology Corporation in the United States and select foreign countries. SeeBeyond Integrated Composite Application Network Suite and eIndex are trademarks of SeeBeyond Technology Corporation. The absence of a trademark from this list does not constitute a waiver of SeeBeyond Technology Corporation's intellectual property rights concerning that trademark. All other brands or product names are trademarks of their respective owners.
Forward-Looking Statements
This news release includes statements that are not historical in nature and as such are intended to be forward looking statements for purposes of the safe harbor provided by the Securities Litigation Reform Act. These statements, including those regarding an anticipated business transformation initiative and anticipated usage by customers are statements based on SeeBeyond's current expectations, assumptions, estimates and projections, its industry and its future prospects. These statements are predictions, and actual events and results may differ materially from those forward-looking statements based on certain risks, including risks related to general economic conditions and, in particular, information technology spending; the Company's sales cycle; dependence on licensing revenue from the Company's product suite; the Company's dependence on strategic relationships with systems integrators and others; the Company's international operations; market acceptance of SeeBeyond products and services, including the SeeBeyond ICAN 5 Suite, and the potential release of competitive products, among other factors. The forward-looking statements contained in this news release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission including its Annual Report filed on Form 10-K for the year ended December 31, 2003, and its quarterly reports on Form 10-Q. SeeBeyond does not undertake to update any forward-looking statements.
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Business Editors/High-Tech Editors
HIMSS Annual Conference & Exhibition
DALLAS--(BUSINESS WIRE)--Feb. 14, 2005--
SeeBeyond (Nasdaq: SBYN), provider of the world's first fully Integrated Composite Application Network (ICAN) for advanced integration and composite applications solutions, today unveiled several prototypes to showcase the value of composite application technology in enabling organizations to fully leverage their existing IT investments. These prototypes build upon the Company's flagship composite application solution, eIndex(TM) Global Identifier, which is currently in production at numerous customer sites to enable a single view of patient information. In addition to eIndex, the following Composite Application prototypes will be showcased at this week's HIMSS Conference: Claims Lifecycle Management (CLM), Patient Bed Management, and Business Process Improvement and Workflow. SeeBeyond believes composite application technology marks the beginning of a much larger business transformation initiative - one that can enable healthcare organizations to meet today's business challenges associated with regulatory requirements and patient safety while leveraging existing technology assets.
With healthcare funding required to stretch further than ever before, payers and providers can no longer afford to replace foundation systems to support emerging and fundamental business processes. The ability to leverage and protect multimillion Dollar investments in infrastructures that many healthcare organizations currently have in place is critical. A composite application allows organizations to do just this by efficiently orchestrating and integrating functions, services and data models across existing systems. As a result, healthcare organizations are able to cost-effectively provide new capabilities targeted to improve patient safety levels and enable the secure distribution of patient medical information across the continuum of care.
New-generation healthcare enterprise applications, both for the electronic health record and for business are being built upon a Service-Oriented Architecture (SOA). This is according to VP & Research Area Director of Gartner Healthcare, Wes Rishel, who adds, "Many organizations have traditionally used a piece-meal approach to integration, treating each integration project as an isolated problem. This approach will not suffice given today's regulatory and economic environment and the need to integrate with large external networks. What is required is the agility to create new user functionality leveraging existing applications. SOA is one of the fundamental keys to achieving the agility necessary for building applications that are flexible and robust in the face of changing requirements and technologies."
A common requirement for many organizations today is the need to enable a new business process leveraging existing legacy systems; however most do not have the ability to access, extract or manage the data held within these systems. Composite application technology can be a powerful application development tool to solve this need, allowing for the accelerated creation of a new software application based on existing systems. SeeBeyond ICAN 5 provides customers with an SOA-based framework to rapidly construct their own composite application solutions to meet their individual needs - with minimum intrusion, cost and resources.
"The healthcare industry cannot afford to replace multi-million dollar legacy systems," said Wayne Owens, General Manager of Healthcare for SeeBeyond. "With today's dynamic business climate, we anticipate our customers will use ICAN to build hundreds of composite applications to meet near-term business requirements and regulatory mandates. The true power of SeeBeyond's technology lies in our ability to provide customers with a user friendly, J2EE-certified tool set to transform existing legacy systems into responsive, state-of-the art business solutions."
Deploying composite applications is about getting added "business value" and creating a business application integration process that is driven by business demand, not IT application limits. This vision is becoming a reality today as part of the largest integration project in the world with the U.K.'s National Health System (NHS), where SeeBeyond is being deployed to support the enablement of a "Single Patient View" across the entire country.
"Revolutionizing healthcare IT systems and ultimately the quality of patient care across the globe, SeeBeyond is quickly becoming the standard for national healthcare infrastructures," adds Owens. "With innovative composite application technologies, which enable physicians to maximize technology investments and improve patient safety, customers are already seeing significant benefits."
Realizing Clinical Transformation with SeeBeyond
With a 15-year track record in the industry, SeeBeyond understands the challenges and the opportunities facing healthcare organizations today. Powered by SeeBeyond ICAN 5, the following eIndex composite application and the new composite application prototype demonstrations being showcased at HIMSS 2005, and can be instrumental components to enabling true clinical transformation.
-- | eIndex(TM) Global Identifier: Provides a "cradle to grave" view into a patient's complete medical history while addressing ongoing regional, state, and federal standards. Enterprise-wide master patient indexing is critical to improving patient care, reducing errors, reducing duplicate membership, fraud and abuse, creation of a Single Patient View, and reducing operating costs. The eIndex solution securely distributes a single view of critical information currently spanning many departments within a single hospital, groups of hospitals and providers or even a countrywide patient view. |
-- | Claims Lifecycle Manager (CLM): Provides discreet management and articulation of trading partner flow, resulting in the ability to pre-process claims for accuracy leading to revenue enhancement and claim tracking. Automating claims tracking capability with SeeBeyond's new Claims Lifecycle Manager enables dramatic cost savings by managing, tracking, and reporting on the claim life cycle. |
-- | Patient Bed Management Control: Provide the capability to review and manage ambulatory healthcare organization across one or more facilities for improved patient care, offering the ability to integrate composite views of patient movement throughout an enterprise, including a real-time bed status display and patient flow coordinator for optimal operational performance and enhanced administrative supervision. |
-- | Business Process Improvement and Workflow (BPIW): Automates complex healthcare business processes and workflows that span Web services, systems, people, and companies while saving the massive expense of having to invest in new systems. BPIW provides the ability to redefine business processes, reengineer current legacy and departmental systems with new processes, additional workflow, and new application software to protect current operating environment investments without replacing or buying new systems. |
For more information about SeeBeyond's composite application demonstrations, please visit the SeeBeyond booth #6427 in the exhibit hall at HIMSS 2005. For more information about SeeBeyond's solutions for Healthcare, please visit www.seebeyond.com/industries/health.asp.
About SeeBeyond
Based on 15 years of software innovation and real-world experience in integrating systems across Global 2000 organizations, SeeBeyond (Nasdaq: SBYN) delivers the industry's first integrated composite application network built on a comprehensive integration platform. The SeeBeyond(R) Integrated Composite Application Network Suite(TM) helps organizations rapidly assemble and deploy enterprise-scale end-user applications built on existing systems and infrastructure to dramatically improve business operations. SeeBeyond has approximately 2,000 customers worldwide. A sampling of SeeBeyond's healthcare customers in the Provider space includes Ascension HealthCare Group, Baylor, Children's Hospital of Philadelphia, CareGroup, Children's Medical Center of Dallas, The Cleveland Clinic, Duke University Health System, Fairview Health Services, Good Samaritan Hospital of Los Angeles, Intermountain Healthcare, Kaleida Health System, Meriter Health Service, Michigan Health System, New York Presbyterian Hospital, Queensland Health, Sutter Health, Texas Health Resources and UCLA Medical Center. A sampling of SeeBeyond's healthcare customers in the Payer space includes Blue Cross Blue Shield of Massachusetts, Blue Shield of California, Blue Cross Blue Shield of North Carolina, Blue Cross of Idaho, Coventry Health Care Inc., Horizon BCBS of New Jersey, Group Health Inc. and The Regence Group. For more information, please visit www.seebeyond.com.
SeeBeyond is a registered trademark of SeeBeyond Technology Corporation in the United States and select foreign countries. SeeBeyond Integrated Composite Application Network Suite and eIndex are trademarks of SeeBeyond Technology Corporation. The absence of a trademark from this list does not constitute a waiver of SeeBeyond Technology Corporation's intellectual property rights concerning that trademark. All other brands or product names are trademarks of their respective owners.
Forward-Looking Statements
This news release includes statements that are not historical in nature and as such are intended to be forward looking statements for purposes of the safe harbor provided by the Securities Litigation Reform Act. These statements, including those regarding an anticipated business transformation initiative and anticipated usage by customers are statements based on SeeBeyond's current expectations, assumptions, estimates and projections, its industry and its future prospects. These statements are predictions, and actual events and results may differ materially from those forward-looking statements based on certain risks, including risks related to general economic conditions and, in particular, information technology spending; the Company's sales cycle; dependence on licensing revenue from the Company's product suite; the Company's dependence on strategic relationships with systems integrators and others; the Company's international operations; market acceptance of SeeBeyond products and services, including the SeeBeyond ICAN 5 Suite, and the potential release of competitive products, among other factors. The forward-looking statements contained in this news release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission including its Annual Report filed on Form 10-K for the year ended December 31, 2003, and its quarterly reports on Form 10-Q. SeeBeyond does not undertake to update any forward-looking statements.
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CONTACT: SeeBeyond Kristi Rawlinson, 214-373-1519 krawlinson@seebeyond.com or Blanc & Otus Kristin Reeves, 415-856-5145 kreeves@blancandouts.com
KEYWORD: CALIFORNIA TEXAS TRACK INDUSTRY KEYWORD: MEDICAL SOFTWARE TRADESHOW PRODUCT SOURCE: SeeBeyond
Copyright Business Wire 2005
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