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CareCompass Solutions Inc. Announces Executive Appointment.


Business Editors and Health/Medical Writers

CARLSBAD, Calif.--(BW HealthWire)--Sept. 15, 2000

CareCompass Solutions Inc., a business-to-business (BtoB) home health agency software development company that supports an Application Service Provider (ASP asp, popular name for several species of viper, one of which, the European asp (Vipera aspis), is native to S Europe. It is also a name for the Egyptian cobra (Naja haja). ) environment, Friday announced that Craig Fischer Fi·scher , Hans 1881-1945.

German chemist known for his research on the components of blood. He won a 1930 Nobel Prize for his work on the synthesis of hemin.
, Pharm.D. will assume the position of chief executive officer and president.

Dr. Fischer will be a board member and also serve on the company's Executive Committee. CareCompass Solutions Inc. offers an array of software applications and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  designed to support real-time decisions by integrating the clinical, financial and managed care knowledge content of alternate care organizations.

"The recent merger of HealthMagic Inc. and Modular Post Acute Care Systems Inc. (MPACS MPACS Military Police Automated Control System ) created access to a talented group of executives and managers," said Robert Henderschedt, chairman of the board of CareCompass Solutions Inc. "As a significant representative of the majority shareholder of our new organization, I'm very pleased with the appointment of Craig Fischer. With an established track record in leading companies in bold strategic directions, Craig is well suited to take CareCompass Solutions Inc. (CSI CSI Crime Scene Investigator
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) into its next phase," he added.

Craig Fischer was the CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  and president of MPACS as well as the principal shareholder. The announced leadership appointment follows the very strong growth of MPACS and the merger of HealthMagic and MPACS. Under Craig Fischer's leadership, the company will continue the consolidation of the human, marketing and technological resources of the companies into a unified corporate strategy and culture.

"I share the enthusiasm and vision of Robert Henderschedt for the extraordinary possibilities of our core technologies, complementary applications, client base and strategic partnerships," said Fischer. "I believe the combined strength of MPACS and HealthMagic will create an exciting platform for new and innovative alternate care solutions and services," he added.

CareCompass Solutions Inc. (CSI) is a market leader in the development of an Internet home health information system, the CareGuide Solution Suite. The administrative, marketing, and sales executive team are located in Carlsbad, and the Technology Group is based in Columbia, S.C. CareGuide is currently in use in 130 healthcare sites spanning 18 states. The system has ensured that home health agencies continue to meet the rapidly changing requirements for Outcome and Assessment Information Set, (OASIS) submission, 485 Medicare documentation, and the Balanced Budget Balanced budget

A budget in which the income equals expenditure. See: budget.


balanced budget

A budget in which the expenditures incurred during a given period are matched by revenues.
 Act of 1997 guidelines guidelines,
n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks.
. The CareGuide solution suite supports point-of-care documentation.

For more information, visit CareCompass Solutions Inc. on the World Wide Web at www.carecompass.com.
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Publication:Business Wire
Date:Sep 15, 2000
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