Software automates card capture and inventory management.
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Press Release Summary:
Developed for community-based infusion therapy clinic staff, Lynx Mobile(TM) lets users efficiently manage inventory of drugs and supplies as well as improve practice revenue management. Web-based product allows multiple users throughout clinic to capture charges at point of care using existing high-speed Internet connection. In addition to integration with existing Lynx(TM) Technologies, software integrates with ordering and reporting processes.
Original Press Release:
OTN Launches Lynx Mobile(TM), an Automated Charge Capture and Inventory Management Tool for the Community Treatment Setting
SOUTH SAN FRANCISCO, Calif., July 19 -- OTN, a leading specialty pharmaceutical services company and one of the largest distributors of products and services to the community physician market, today announced the launch of Lynx Mobile(TM), an automated charge capture, inventory management and reporting tool. Lynx Mobile was developed by OTN specifically for community-based infusion therapy clinic staff to help them more efficiently manage their inventory of drugs and supplies and improve practice revenue management.
"Lynx Mobile is a technological advance that will change the way community-based infusion clinics manage their work flow with regard to charge capture and inventory management. It is user-friendly and accessible anywhere in the clinic, and was designed to be used by the entire clinic staff," said Chuck Bell, IT Director, OTN. "With Lynx Mobile, our customers can decrease lost charges and lost inventory and run their offices as efficiently as possible, leaving more time to focus on delivering optimal patient care."
The web-based Lynx Mobile includes functions for capturing charges, recording drug inventory and reporting. Features include:
-- A flexible platform that is customizable to a practice's specific needs
-- A number of flexible hardware configurations (e.g., existing PCs, a mobile tablet PC, Lynx Mobile cabinet and locking devices to secure refrigerated drugs) that allow multiple users to access the system simultaneously using an existing high-speed Internet connection
-- An easy-to-use application that allows multiple users throughout the clinic to capture charges at the point of care, including at a nurse's station and in an infusion room
-- Full integration to OTN's ordering and reporting processes; this automation of the ordering process cuts staff time spent reviewing inventory and ordering online, by telephone or fax, allowing staff to spend more time on patient care
"Lynx Mobile has had a significant financial impact on our practice. It has allowed us to find, on average, three lost charges per day. By allowing us to capture all drug and service charges, our use of the system has resulted in substantial cost savings. We also have been able to efficiently manage our inventory levels to reduce our costs and greatly simplify our ordering process," said Sara Green, R.N., nurse manager/practice administrator at Olympic Hematology & Oncology Associates, a full-service medical practice comprised of five oncologists in Bremerton, Wash. "I and our oncology nurses use Lynx Mobile daily because it is easy to use, convenient and available anywhere we need access, including at a wireless station in the middle of our patient treatment area. We are looking forward to working with OTN to further enhance Lynx Mobile."
Lynx Mobile integrates seamlessly with OTN's existing Lynx(TM) Technologies, which help practices streamline medical recordkeeping, analyze data to ensure the highest level of patient care and improve their billing process and practice efficiencies. These offerings include:
-- Lynx Station(TM), an automated inventory management and tracking system that provides automated drug and supply ordering, tracks inventory, reduces inventory costs and helps eliminate billing errors and lost charges. Lynx Station also populates OTN's proprietary Lynx System database, the largest clinical database in community oncology.
-- Lynx Practice Intelligence(TM) Reports, which use Lynx data to accurately reflect patient treatment and inventory information, improve analytic capabilities and reduce reliance on paper reporting
-- Lynx Practice Manager(TM), an integrated patient information and billing management system that helps community-based physicians manage the needs of their practice, achieve increased efficiency in electronic patient management and analysis, streamline administrative duties, collect receivables more efficiently and improve the overall workflow in their practice
-- Lynx Technologies Interface, which automatically transfers patient information from Lynx Practice Manager or another practice management system to Lynx Mobile or the Lynx Station. This automatic updating of the practice management system saves the practice time by eliminating manual re-entry of patient data. Lynx Technologies Interface also can interact with a practice's electronic medical record (EMR).
-- IMPAC Medical Systems' oncology EMR, with which OTN has a preferred partnership
"Because today's healthcare environment is increasingly complex and our customers' needs are constantly evolving, OTN continues to invest in and enhance the systems that practices need to succeed in this changing environment," added Mr. Bell. "We will continue to enhance Lynx Mobile based on user feedback, and we expect to roll out several additional functions specifically designed for the clinical staff at community infusion therapy clinics."
About OTN
OTN, a One Equity Partners portfolio company, is a leading specialty pharmaceutical services company that provides pharmaceuticals, supportive care products and medical/surgical supplies to physicians who practice in the community-based treatment setting. OTN provides physicians and their patients with efficient delivery of medications to treat cancer, as well as rheumatoid arthritis, infertility and other chronic conditions requiring the latest intravenous, injectable and oral medicines. Through its innovative Lynx Technologies, practice management tools and unsurpassed customer service, OTN helps physicians improve practice efficiency while enabling them to focus on providing optimal patient care. Onmark, a group purchasing organization and an OTN company, offers its members competitive contracts for oncology drugs and medical/surgical supplies, practice management tools and educational programs. For more information, please visit myOTN.com .
CONTACT: Stan Ades of OTN, +1-650-246-6622, or Stan.Ades@myotn.com; or Jani Bergan of WeissComm Partners, +1-415-946-1064, or jbergan@weisscommpartners.com, for OTN
