CA and Healthscreen Partner to Develop Chronic Disease Management Services
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Jan 30, 2009 03:03AM
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January 30, 2009 |
CA and Healthscreen Partner to Develop Chronic Disease Management Services
Joint initiative to target diabetes management |
TORONTO, ONTARIO and ISLANDIA, NEW YORK--(Marketwire - Jan. 30, 2009) - CA, Inc. (NASDAQ:CA), the world's leading independent IT management software company, and Healthscreen Solutions Inc. (TSX VENTURE:MDU), the leading Canadian provider of physician practice enhancement services and electronic medical record software, have announced an agreement to form a joint initiative to develop technology and services aimed at helping doctors offer chronic disease management programs to their patients. Based on developing CA software technology, the services will be designed to help individuals with a range of chronic diseases to record and monitor their health data on a realtime basis, allowing for more precise tracking and trending of the impact of behavior such as diet and activity that affect their condition. Healthscreen will leverage its distribution network of over eight thousand Canadian physicians and seven million Canadian patients to implement these services. Under the terms of the agreement, CA will work exclusively with Healthscreen in Canada. In the first phase of the initiative, the companies have agreed to focus on developing a service aimed at managing health information for individuals with diabetes. According to the Canadian Diabetes Association, more than two million Canadians live with diabetes. If left untreated or improperly managed, diabetes can result in a variety of complications, including, heart, kidney, and eye disease, or nerve damage. Health Canada reports an annual spend of over $9 billion on diabetes. In the United States, there are more than 17.5 million diabetics, according to the American Diabetes Association, with associated health care costs of $175 billion. "IT plays a critical role in supporting the efforts of governments and organizations around the world as they work to adopt more efficient means of delivering better health care while controlling costs," said Chris Stakutis, vice president of emerging technologies at CA. "We look forward to working with Healthscreen to develop and offer these unique services to healthcare organizations and patients. By combining CA technologies and Healthscreen industry expertise we hope to help physicians and patients better manage and care for chronic diseases such as diabetes." "We have always believed in the opportunity that exists for Healthscreen to leverage its expansive national network of Canadian doctors, to introduce new, innovative services that are aimed at improving patient care," said Justin Belobaba, president and CEO of Healthscreen. "This is a watershed moment in Healthscreen's history, as we partner with a global IT company, who has the resources and the capability to develop and help Healthscreen to deploy groundbreaking chronic disease management services to doctors and patients." Conference Call Healthscreen will host a conference call today at 10:30 AM EST to review its 2008 fiscal year end results and further discuss the joint initiative with CA. Investors are invited to call the conference line: 416-915-9040 or 1-866-261-3038 at least 5 minutes prior to the start of the call. For those unable to participate in the live conference, the event will be archived and available for replay on the Company's website or until February 6 at 11:59 pm by dialing 416-915-1035 or 1-866-245-6755, and entering passcode 92213. About CA CA (NASDAQ:CA) is the world's leading independent IT management software company. With CA's Enterprise IT Management (EITM) vision and expertise, organizations can more effectively govern, manage and secure IT to optimize business performance and sustain competitive advantage. For more information, visit www.ca.com. About Healthscreen Solutions Healthscreen Solutions (www.healthscreen.com) provides a comprehensive suite of practice enhancement products and services to increase physician productivity and revenue while reducing costs and improving patient care. The Company's portfolio includes billing and scheduling software, electronic medical records software, CallerMD which assists physicians in managing a range of uninsured medical services, PrevCareMD which helps physicians earn supplemental income by achieving governmentset preventive care targets, and HealthAlert which allows physicians to help their patients in managing complex healthcare issues. Healthscreen's and its partners' services and software are used by over 8,000 fulltime physicians who are responsible for the health care of more seven million Canadian patients. For more information, visit www.healthscreen.com. (C) 2009 Healthscreen Solutions Inc. All Rights Reserved. Each new feature or functionality included in any CA software product is subject to change based on a number of factors, including but not limited to internal and external beta testing, development plan changes, and feedback from customers and users. Accordingly, the product features and/or functionality may change over time, may be different than stated in this document and may not result in a generally available software product. |