Software collects and integrates healthcare claims data.
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Press Release Summary:
Medstat Advantage Suite® v4.0 enables large employers, health plans, and government agencies to aggregate and integrate healthcare claims data and other information from diverse sources and systems. Further functionality lets users organize, standardize, and enhance data as well as conduct analyses that inform and improve management decision-making. Based on BI platform, solution incorporates SOA, application portal, production reporting, and dashboard reporting.
Original Press Release:
Thomson Healthcare Announces Next Generation of Medstat Advantage Suite®
STAMFORD, Conn., Feb. 20 -- Thomson Healthcare (NYSE: TOC; TSX: TOC) today announced the next generation of its decision support tool, Medstat Advantage Suite 4.0(R), based on the leading technology platform in business intelligence. The new release features service-oriented architecture, an application portal, improved production reporting, and dashboard reporting.
"Over the past quarter-century, our decision support systems have continually evolved to meet our customers' ever-changing needs for healthcare business intelligence," said Jon Newpol, Thomson Healthcare executive vice president. "With these new capabilities, Medstat Advantage Suite will continue to be a powerful tool for employers, health plans, and government agencies striving to reduce the cost and improve the quality of healthcare."
Advantage Suite enables large employers, health plans, and government agencies to aggregate and integrate healthcare claims data and other information from diverse sources and systems; organize, standardize, and enhance the data; and conduct sophisticated analyses that inform and improve management decision-making.
The new release introduces a modernized, open services-oriented architecture that allows integration of users' own data sources, reporting tools, and systems. In addition, the new release features improved production reporting, dashboard reporting, and a portal that accesses Thomson Healthcare applications and thought leadership as well customized reports and executive dashboards.
-- Service-oriented architecture allows users to more easily integrate various Thomson Healthcare applications and metadata within their own technical environment. They can marry their own data warehouses, systems, and reporting tools with Advantage Suite's service-oriented architecture, allowing easier access to information.
-- Production reporting capabilities offer easier access to information for users' technical staffs, management, and customers through enhanced reporting and distribution capabilities.
-- Dashboard reporting consolidates, aggregates, and arranges measurements and scorecards on a single screen in a graphical format so users can monitor information at a glance and identify key trends.
-- Application portal allows access to Thomson Healthcare analytic and reporting applications through a single sign-on.
An online demonstration of Medstat Advantage Suite 4.0 is available at www.thomsonhealthcare.com/performance2 .
About Thomson Healthcare
Thomson Healthcare is the leading provider of decision support solutions that help organizations across the healthcare industry improve clinical and business performance. Thomson Healthcare products and services help clinicians, hospitals, employers, health plans, government agencies, and pharmaceutical companies manage the cost and improve the quality of healthcare.
Thomson Healthcare is a part of The Thomson Corporation, a provider of value-added information, software tools and applications to professionals in the fields of healthcare, law, tax, accounting, scientific research, and financial services. The Corporation's common shares are listed on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC). For more information, visit (www.thomsonhealthcare.com).
CONTACT: David Wilkins of Thomson Healthcare, +1-734-913-3397, david.wilkins@thomson.com
