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QuadraMed To Present Performance Measurement And Quality Benchmarking Products At NAHQ Educational Conference
Reston, VA September 10, 2007
QuadraMed® Corporation (Amex: QD) today announced that its decision support experts will be demonstrating QuadraMed Performance Measurement and Clinical Outcome Practice Evaluator (COPE) products at the Annual Educational Conference of the National Association of Healthcare Quality (NAHQ). The demonstrations are scheduled for September 9-11 at the Hynes Memorial Convention Center, booth 413, in Boston.
Optimizing patient outcomes according to national benchmarks and mandated requirements have become critical for hospitals to improve patient safety and their financial well being. QuadraMed Performance Measurement is used by many of the nation's leading healthcare institutions to benchmark and improve their quality rankings. It also is the standard for trending and tracking of National Healthcare Quality Measures (NHQM) Core Measures for pay for performance initiatives. During the NAHQ Conference, QuadraMed will feature a new Performance Measurement module that further enhances the software's ability to incorporate NHQM Core Measures data into a single system. This helps hospitals to quickly and cost-effectively analyze critical care and quality performance on industry leading publicly reported measures, and can provide physician and patient level reporting for insight into care practices and variance from norms. Hospitals benefit from more comprehensive outcome measures, resource consumption and length of stay to improve both their quality of care and financial health. QuadraMed COPE demonstrations will enable the attendees to learn how their hospitals can capture electronic information for Core Measures, while minimizing requirements for manually abstracted input. COPE also offers hospitals the flexibility to enter supplemental data directly over a secure, Web-native ASP in full compliance with Joint Commission requirements for data accuracy reporting of all measurement sets, and can enhance internal decision support to improve quality of care. QuadraMed supports NAHQ performance measurement initiatives and is a Gold Level sponsor of the association's 2007 Educational Conference.
Decision support is an integral part of the QuadraMed Revenue Cycle Management solution, a foundational component of the QuadraMed Care-Based Revenue Cycle™. The Care-Based Revenue Cycle also includes solutions for Access and Identity Management, Care Management, and Health Information Management. These integrated end-to-end solutions help clients leverage quality care into financial health, enabling them to receive the proper reimbursement in the shortest time, at the lowest administrative cost.
For information about all QuadraMed Care-Based Revenue Cycle solutions and related services, visit www.quadramed.com or call 800.393.0278.
About QuadraMed Corporation
QuadraMed Corporation advances the success of healthcare organizations through IT solutions that leverage quality care into positive financial outcomes. QuadraMed provides real-world solutions that help healthcare professionals deliver outstanding patient care efficiently and cost-effectively. Behind the company's products and services is a staff of 750 professionals whose experience and dedication have earned QuadraMed the trust and loyalty of clients at over 2,000 healthcare provider facilities.
Cautionary Statement on Risks Associated with QuadraMed Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 by QuadraMed that are subject to risks and uncertainties. The words "believe," "expect," "anticipate," "intend," "plan," "estimate," "may," "should," "could," and similar expressions are intended to identify such statements. Forward-looking statements are not guarantees of future performance and are to be interpreted only as of the date on which they are made. QuadraMed undertakes no obligation to update or revise any forward-looking statement except as required by law. QuadraMed advises investors that it discusses risk factors and uncertainties that could cause QuadraMed's actual results to differ from forward-looking statements in its periodic reports filed with the Securities and Exchange Commission ("SEC"). QuadraMed's SEC filings can be accessed through the Investor Relations section of our website, www.quadramed.com, or through the SEC's EDGAR Database at www.sec.gov (QuadraMed has EDGAR CIK No. 0001018833).
QuadraMed is a registered trademark of QuadraMed Corporation. Care-Based Revenue Cycle is a trademark of QuadraMed Corporation. All other trademarks are the property of their respective holders.
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