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CareTools Acquires PocketChart Point-of-care Information System from GE Medical.


Business/High-Tech Editors, Health/Medical Writers

SEATTLE--(BUSINESS WIRE)--Feb. 4, 2003

CareTools, a recently formed software company, today announced that it has initiated its entrance into the point-of-care information systems arena by finalizing an agreement with GE Medical Systems Information Technologies to acquire its PocketChart product line.

The handheld computer A computing device that can be easily held in one hand while the other hand is used to operate it. The Palm devices are a popular example. See Palm, smartphone and palmtop.  based PocketChart product has been popular with practicing physicians since the first Personal Digital Assistant, or PDA (Personal Digital Assistant) A handheld computer for managing contacts, appointments and tasks. It typically includes a name and address database, calendar, to-do list and note taker, which are the functions in a personal information manager (see PIM).  was introduced in 1995. Since that time the product has steadily grown its user base and has lead the market as the most sophisticated electronic medical record system available for handheld computers. Coincident co·in·ci·dent  
adj.
1. Occupying the same area in space or happening at the same time: a series of coincident events. See Synonyms at contemporary.

2.
 with the transition, is the release of the latest version of the product, PocketChart version 3.2, which supports the latest Pocket PC mobile devices including the PocketPC phone edition.

"The addition of the PocketChart product line gives CareTools a jump start into the point-of-care space and benefits both our current and future customers. Our future plans will significantly evolve the current product offering and create even more value for our users," commented Dr. Thomas Giannulli, the original creator of PocketChart and a President of CareTools.

A critical element within any healthcare information strategy, point-of-care systems serve as the digital interface to the doctor and associated medical staff. Several studies have demonstrated the significant benefits point-of-care systems create for both the doctor/healthcare system and the patient. This fact coupled to the dramatic adoption of handheld computers by physicians (72% of doctors polled in a recent HIMMS HIMMS Healthcare Information & Management Systems Society  survey), has led industry experts to agree that handheld computers will play a vital role in the future of health care information technology.

CareTools is a premier provider of the latest and most technologically advanced mobile charting solutions available. Utilizing Microsoft Pocket PC devices It may never be fully completed or, depending on its its nature, it may be that it can never be completed. However, new and revised entries in the list are always welcome. This is a list of Pocket PC and Windows CE devices, and companies that make, or have made, them.  integrated with desktop PC's, CareTools enables the individual practitioner to completely automate To turn a set of manual steps into an operation that goes by itself. See automation.  HCFA HCFA
abbr.
Health Care Financing Administration


HCFA,
n.pr See Health Care Financing Administration.
 compliant chart notes, charge capture and prescription writing. A closely held A phrase used to describe the ownership, management, and operation of a corporation by a small group of people.

In a closely held corporation, the same people often act as shareholders, directors, and officers, and no outside investors exist.
 private company, CareTools is led by a physician/engineer who introduced the first handheld medical record to the industry ten years ago. CareTools is based in Seattle, WA. PocketChart users should contact CareTools at www.caretools.com to discuss upgrades and support renewals.
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Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Feb 4, 2003
Words:359
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