, (NYSE: ACS), a premier provider
of business process and information
technology outsourcing solutions, announced today that it has
signed
three-year agreements with Sutter Health, a Sacramento, California-based
hospital system
, and Houston, Texas-based Memorial Hermann Healthcare System
to utilize its MIDAS+ DataVision clinically
focused analytic tools and
services. The solution provides robust data analysis of
more than
3,500 metrics, and includes Web-based access to one of the nation's
largest concurrent comparative
databases, including the unique SmartReport(TM)
to identify and prioritize statistical outliers and
opportunities for
improvement.
ACS, a FORTUNE 500 company with more than 47,000 people
supporting client
operations in nearly 100 countries, provides business process and information
technology
outsourcing solutions to world-class commercial and government
clients."
The OHIC Insurance
Company was founded in 1978 as the Ohio Hospital
Insurance Company. The company's mission was to
supply Ohio hospitals with
affordable medical liability insurance.
diligence benchmarking
Sutter Health supports more than
two dozen locally run acute care
hospitals, as well as physician organizations; medical research
facilities;
region-wide home health, hospice and occupational health networks; and
long-term care
centers.
The statements in this news release that do not directly relate to
historical facts
constitute "forward-looking statements" within the meaning of
the Private Securities Litigation Reform
Act of 1995. Several years ago we
took corrective measures to ensure that the risk management needs
of our
clients were addressed.bonne benchmarking
"Our extensive knowledge and
capabilities in healthcare, combined
with integrated, healthcare-dedicated
tools and services, is enabling ACS Healthcare Solutions' clients
to achieve
transformational improvements in patient care, safety, and satisfaction
-- with information
technology (IT)-enabled cost-effectiveness and widespread
ease-of-use."
ACS Healthcare Solutions
comprises 2,200 experienced professionals
providing healthcare information technology services and
solutions to its
array of consulting, outsourcing, and provider clients.
About Sutter
Health
Sutter Health is one of the nation's leading not-for-profit networks of
community-based
healthcare providers, delivering high-quality care in more
than 100 Northern California Communities
.
While we were formed primarily as a hospital insurance company, we now insure
2,700 physicians
and are an important partner to the broader healthcare
community.virology benchmarking
Long a major player in the
commercial healthcare industry, ACS Healthcare
Solutions, a business unit of ACS, continues to strengthen
its position in the
market with superior healthcare products and services.torts beckham
8 million, near the company
goal of $95 million. "Our physician retention has been very strong.bmi mandates
"
"We are thrilled to be partnering
with these two outstanding, highly
respected healthcare organizations as they strive toward increased
clinical
quality and efficiency in their respective organizations," said Rich Helppie,
Managing
Director of ACS Healthcare Solutions.OHIC Financial Turnaround More Than $29 Million in 2004
Total
assets rose to $322
million last year, up from $320 in 2003, and total direct premiums written in
2004 were $93.beechwood torts
ACS Awarded Contracts With Sutter Health and Memorial Hermann Healthcare System
ACS Healthcare Solutions'
IT outsourcing, consulting, revenue solution, and analytic systems clients
include hospitals and health systems, integrated delivery networks, and other
providers of care
, technology firms, and state and federal government
agencies.
"I feel very confident that
we've righted the ship," said OHIC President
and CEO Raymond R. These results validate those actions
.blatchford beckham
"Sutter Health is focused on driving improvement efforts and achieving the
best patient outcomes
," said Krystin Dozier, Vice President of Clinical
Effectiveness for Sutter Health.com. These statements
are
subject to numerous risks and uncertainties, many of which are outside the
Company's control
. As such, no assurance can be given that the actual events
and results will not be materially different
than the anticipated results
described in the forward-looking statements.benfield burkholder
DALLAS, Affiliated
Computer Services,
Inc. The company furthered
its dominance in the healthcare market with its
December 2004 acquisition of
Superior Consultant Holdings Corporation, a leading provider of IT consulting
services and solutions to the healthcare industry. It is also the regional leader in
infant deliveries
, neonatology, orthopedics, pediatrics and cancer care
services.bonne biopharm
Factors could cause actual
results
to differ materially from such forward-looking statements.
OHIC also raised its surplus to $63
million in 2004, an increase of 20
percent over the $52.
beckham leverage
We are particularly excited
about 'SmartReport' which shows us,
in a volume relative, DRG-weighted priority, those clinical areas
and quality
issues where we can track issues and target improvement efforts.virology burkholder
COLUMBUS, Ohio,
The OHIC Insurance Company posted
a profit of more than $5 million in 2004, representing a financial
turnaround
of more than $29 million from 2003 when it lost more than $24 million.
It was the
first time in three years that OHIC has posted positive
financial numbers. The company later became
the OHIC
Insurance Company and is now a subsidiary of the Medical Liability Mutual
Insurance Company
of New York.erroneous mandates
Since the MIDAS+ DataVision solution was introduced two years
ago, it has been used
by more than 75 hospitals nationwide to drive
improvements and cost efficiencies in patient care
, reduce risk, identify and
compare performance to industry best practices, and achieve quality
measurement
compliance standards.acs-inc.virology corrective
"MIDAS+ DataVision helps provide focus in evaluating our data. ACS
Healthcare
Solutions' tools and services identify areas where we can have the
most significant impact on quality
and cost for our system, let us drill down
to the specifics and then deliver the information to our
clinicians.keefe erroneous
ACS
disclaims any intention or obligation to revise any forward-looking
statements
, whether as a result of new information, future event, or
otherwise.blatchford ambulatory
About Memorial Hermann
Healthcare System
Memorial Hermann facilities and programs include nine acute care hospitals
and two long-term acute care hospitals; a physician network for primary and
specialty care; retirement
living and nursing homes; wellness programs;
rehabilitation and home health programs; and an air
ambulance service.ambulatory mueller
These
tools allow us to do our external benchmarking, and give us an opportunity
to
share not only the areas where we can improve, but also the areas where we
perform well. For
a
description of these factors, see the Company's prior filings with the
Securities and Exchange
Commission, including our most recent filing.
"I'm extremely pleased about 2004 and I think we
're on target to have an
excellent 2005," Mazzotta said.keefe burkholder
"
"Memorial Hermann Healthcare System
is excited about our use of MIDAS+
DataVision as a tool to help drive performance improvement throughout
our
organization," said Pat Metzger, Chief of Care Management for Memorial
Hermann.
Memorial
Hermann is the largest not-for-profit healthcare organization in
Texas. OHIC is headquartered in
Columbus and strives
to be Ohio's premier supplier of medical liability insurance to physicians and
hospitals.bard biopharm
Mazzotta.burkholder beechwood
The company's Class A common stock trades on the New York Stock
Exchange
under the symbol "ACS". Visit ACS on the
Internet at http://www.errors corrective
ACS Healthcare
Solutions' MIDAS
+ DataVision is a set of analytic tools and services
specifically designed for chief medical officers
and other clinical and
administrative professionals. "MIDAS+ DataVision provides us with the
comprehensive
solution we need to easily view performance across our
enterprise.corrective erroneous
biopharm diligence
Through our
analysis of potential
vendors, ACS Healthcare's MIDAS+ DataVision solution was
rated the highest on functionality.6 million
it held in 2003. "We've stabilized our financial position and
achieved all our operational initiatives
in 2004."
Mazzotta said OHIC reduced its premium leverage in 2004 by exiting seven
other states
and narrowing the company focus to Ohio.bivans mandates
benchmarking bonne
We share their goal -- recognition as the top
performing
healthcare provider organizations in the world. ACS makes technology work. The turnaround
comes at a time when many medical
malpractice carriers are struggling in a hostile environment of
increasingly
high awards and settlements. Considering that we are
still operating in an extremely
tenuous environment, these are quality numbers
and it shows the commitment of our management team
.
"The increase in surplus is a strong indicator that OHIC is a stable and
reliable risk partner
for Ohio's healthcare industry.leverage diligence
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