Picis and MSM Merge to Create Worldwide Leader in Total Operating Room Automation; PicisMSM Implementing its Unparalleled System at NewYork-Presbyterian Hospital.Business Editors/Health & Medical Writers ARLINGTON, Va. & WAKEFIELD, Mass.--(BW HealthWire)--March 5, 2002 Two market leaders in operating room operating room n. Abbr. OR A room equipped for performing surgical operations. automation, Picis Inc. and Medical Systems Management, Inc. (MSM MSM - Micronetics Standard MUMPS ), today signed a definitive merger agreement to create PicisMSM, a worldwide provider of the most comprehensive and proven information technology solutions for health care providers to automate the entire surgical and critical care environments. The merger combines complementary, best-in-class operating room clinical and business automation expertise, decades of experience and an unparalleled customer base to create the most advanced and seamlessly integrated operating room automation system. PicisMSM is the first health care information technology solution provider to install a comprehensive operating room automation system. NewYork-Presbyterian Hospital NewYork-Presbyterian Hospital is a prominent university hospital in New York City, composed of two medical centers, Columbia University Medical Center and the Cornell University Weill Medical Center. , one of the largest health care institutions in the world, has signed a multimillion-dollar contract with PicisMSM to install a comprehensive operating room automation system that is expected to be completed in 2002. "PicisMSM is the only health care solution provider today delivering every application needed to transform surgery and anesthesia departments into highly efficient quality-care operations," says Todd Cozzens, PicisMSM chief executive officer. "While others talk about future vision, we are delivering total perioperative perioperative /peri·op·er·a·tive/ (-op´er-ah-tiv) pertaining to the period extending from the time of hospitalization for surgery to the time of discharge. per·i·op·er·a·tive adj. automation today. PicisMSM is unmatched in the industry in terms of expertise and product functionality, and our combined product line has reached an unparalleled maturity through successful implementations at hundreds of leading state-of-the-art medical centers throughout the world." For most hospitals, the operating room environment, on average, accounts for more than half of the total budget, and is the most resource-intensive and fastest-growing area. The PicisMSM system provides unprecedented access to real-time clinical and administrative information, which hospital administrators and surgical staff can use to streamline workflow, drive process improvements and optimize outcomes. "The integrated PicisMSM system tracks everything, from vital signs to inventory, providing us with accurate, robust data we can use to constantly monitor and evaluate our activity and use of resources. This empowers us to best manage our day-to-day operations, improve operating room utilization OR utilization is a measure of physical capacity in use at a given period of time in the operating room. Raw utilization is the total hours of elective cases performed within OR block time divided by the hours of allocated block time. , control turnover times and reduce per-case costs," says Robert Jones Robert Jones may refer to
The availability of an integrated solution is particularly important as an increasing number of hospitals combine the disciplines within the perioperative environment into one cost center. "The combined PicisMSM solution offers a lower cost of ownership to the hospital and ensures that the operating room will be supported by one vendor who understands the entire environment," says Raymond Forgit, MSM founder and former chief executive officer. Picis and MSM offer complementary and compatible technologies and functionalities to streamline the workflow throughout the entire surgical episode, from pre-op scheduling and assessment to post-op discharge and reporting. Picis, the leader in operating room clinical automation, brings an integrated critical care and anesthesia information solution to facilitate pre-op, intra-op and post-op anesthesia documentation, as well as intensive care unit documentation and complete data analysis and reporting tools. MSM, the leader in operating room business automation and resource planning Resource planning may refer to:
"Our combined product line enhances our offerings to current Picis and MSM customers. We are committed to providing the more than 400 hospitals in our current customer base with unmatched 24/7 customer support as well as complementary products to expand their current offering. We have 300 professionals dedicated to one goal: delivering total perioperative automation today. No other company comes even close in terms of focus and expertise. Our goal is to maintain the highest customer retention rates in the industry, continue to receive top ratings in customer satisfaction surveys and continue to win top honors in industry award programs," says Joseph Smith, PicisMSM president. "Additionally, PicisMSM partners, such as IDX (IDX Systems Corporation, South Burlington, VT, www.idx.com) One of the largest health care information systems companies in the country, acquired in 2006 by GE Healthcare (www.gehealthcare.com), a unit of the General Electric Company. and Siemens Medical Systems and their customers, also will benefit greatly from the wider product offering and increased support network offered by PicisMSM." About PicisMSM PicisMSM is a worldwide provider of the most comprehensive and proven information technology solutions for health care providers to automate the entire operating room and critical care environments to drive process improvements and optimize outcomes. PicisMSM was formed in 2002 through the merger of Picis Inc. and Medical Systems Management, Inc. (MSM), two leaders in operating room clinical and business automation. PicisMSM's solutions are installed in more than 400 medical centers worldwide, including The Children's Hospital of Philadelphia The Children's Hospital of Philadelphia is one of the largest and oldest children's hospitals in the world. "CHOP" has been ranked as the best children's hospital in the United States by U.S. News & World Report and Child Magazine in recent years. ; Emory Healthcare; Evanston Northwestern Healthcare Evanston Northwestern Healthcare, located in Chicago's northern suburbs, is an academic health system affiliated with the McGaw Medical Center of Northwestern University and all attending physicians are on faculty at the Feinberg School of Medicine. ; Gleneagles Hospital, Singapore; HCA HCA, n.pr See acid, hydroxycitric. Inc.; HMA (High Memory Area) In PCs, the first 64K of extended memory from 1024K to 1088K, which can be accessed by DOS. It is managed by the HIMEM.SYS driver. It was discovered by accident that this area could be used by DOS, even though it was beyond the traditional Inc.; Houston Methodist Healthcare; The Mayo Clinic; NewYork-Presbyterian Hospital; Putrajaya National Medical Center, Malaysia; Stanford University Medical Center Stanford University Medical Center (Stanford Hospital & Clinics) is one of four hospitals affiliated with Stanford University and Stanford University School of Medicine, along with the Lucile Packard Children's Hospital, the Veteran's Administration Hospital in Palo Alto, and Santa ; Sutter Health; University Hospital Rotterdam; University of Texas M. D. Anderson Cancer Center; and University of Vienna History The University was founded on March 12, 1365 by Duke Rudolph IV and his brothers Albert III and Leopold III, hence the additional name "Alma Mater Rudolphina". After the Charles University in Prague, the University of Vienna is the second oldest university in Central Hospital. PicisMSM, with headquarters in Wakefield, Massachusetts, has sales and technical support staff throughout North America, Europe, and Asia/Pacific. PicisMSM maintains partnerships with IDX Systems Corporation (Nasdaq: IDXC), Siemens Medical Systems, Lawson Software (Nasdaq: LWSN), Greville Campbell, and Med Plus, Inc. Picis was a runner-up winner for the 2001 Healthcare Innovation in Technology Systems (HITS) partnership awards and MSM was named "Best in KLAS KLAS Keystone Library Automation System " for the surgical scheduling category of the Fall 2000 Healthcare I.T. Performance Report produced by KLAS Enterprises. More information about the PicisMSM merger is available at www.picismsm.com. Other information is available from the contact people listed in the header or at www.picis.com or www.med-sys.com. |
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