posted on
Aug 18, 2009 05:52PM
Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.
Message: HP
The combination of Crossflo’s Data Sharing CDX and Iameter’s Clinical Quality Improvement, or CQI products, are examples of software tools which will allow these initiatives to be successful. The emerging partnership with Hewlett-Packard and the recent announcement of our implementation of the Montana Health Information Exchange pilot project are prime examples of the significance of the CDX Solution in these potentially large scale initiatives.
In Montana, Crossflo and HP have successfully implemented the foundation for a robust, secure data sharing environment between the National Center for Healthcare Informatics and four state of Montana hospitals. Data has been mapped from four different emergency room data sources to a central state monitoring system using CDX to integrate the National Information Exchange Model or NIEM and Healthcare’s HL7 standard to insure a standard space exchange of information. The project has successfully demonstrated the ability to rapidly develop, in less than six weeks, and securely share health information for the purpose of detecting naturally occurring public health threats, or a potential bio-terrorist event, or provide what is known as syndromic surveillance.
The data interoperability system as envisioned and designed is fully functional and provides a platform on which to expand future functionality, including the ability to securely move patients medical records to the point of care, which is especially critical for emergency room usage. This project was recently featured at Hewlett-Packard’s worldwide Healthcare Symposium held this past March in Phoenix. Additionally, Crossflo and Iameter have been the focus of several HP webinars with various healthcare IT customers, including hospital administrators.
As you may be aware, in the second half of last year Hewlett-Packard acquired EDS, a leading global IT services provider for $13.9 billion. Our relationship with HP and its acquisition of EDS represent one of Crossflo’s largest potential partnerships in global healthcare and public sector data sharing. We believe that the acquisition of Crossflo and Iameter by Patriot has helped to leverage the investment Crossflo has made in developing its collaboration with HP.
HP is introducing us to its largest partners both here and abroad, where our software and expertise represent a significant opportunity to address the global need for secure data sharing technology. In fact in March I had the opportunity to travel to Asia to meet with the leadership of both HP Asia-Pacific and HP Japan to discuss potential customer projects in the region. It was apparent to me that there was a strong desire to promote Crossflo’s technology in various healthcare and public safety applications. These initiatives could yield revenues to Crossflo beginning in early 2010. We believe that being accepted as the data sharing solution provider of choice for an expanding list of global partners establishes the long term foundation for Crossflo’s future revenue growth.
In support of homeland security initiatives, Crossflo along with its partners have been participating in the first phase of the Michigan Fusion Center Project known as the Michigan Intelligence Operation Center or MIOC. The MIOC solution allows the Fusion Center to access data from multiple sources, analyze it to connect the dots, and take action on that information. Successful Crossflo CDX data sharing implementations such as those in Michigan and New Jersey are positioning us to effectively compete for other fusion center programs throughout the United States and international markets as well.
The popular belief is that this type of transparent efficient data sharing between governmental agencies goes on today. However, this is a fiction largely reserved for movies, novels and television. In the nearly eight years since 9/11 much progress has been made, but it’s only been recently with the emergence of the NIEM’s standard and federal mandates to employ it that more cost efficient and easily expandable data sharing initiatives have been made feasible. Crossflo’s involvement in defining and our expertise in effectively implementing the NIEM standard have provided us the opportunity to become a leader in secure data sharing applications. This was a key determinant in Patriot’s decision to acquire Crossflo.
http://seekingalpha.com/article/130927-patriot-scientific-corporation-f3q09-qtr-end-02-28-09-earnings-call-transcript?page=2
Be well
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