Business Intelligence Provider Integrates DxCG RiskSmart™ Stand Alone
BOSTON, March 9, 2006 — DxCG® , Inc., the leading provider of predictive modeling software for health care organizations, announced today a distributor partnership with DataLoom Solutions, a provider of business intelligence software to the healthcare industry. DataLoom will integrate RiskSmart™ Stand Alone into its HealthWeaver™ product suite.
"Partnering with DxCG allows us to employ predictive modeling software that will empower the decisions customers face on a daily basis by offering them insight into the financing and delivery of health care," said Glenn Dennis, CEO of DataLoom Solutions. "Combined with the analytic power of our HealthWeaver™ software suite, we are now able to give our customers a robust, cost-effective software solution that will lead them to make better and more accurate business decisions," added Dennis.
"We are excited DataLoom Solutions chose to embed DxCG predictive modeling software into their business intelligence solution," commented Diane Laurent, SVP of Business Development at DxCG. "The partnership between DxCG and DataLoom will expand our product offering to hospitals and providers by providing them with direct access to the benefits of predictive modeling," stated Laurent.
DataLoom's HealthWeaver™ product suite addresses a broad range of health care constituencies, including health plans, hospitals, provider offices, and pharmaceutical organizations. DataLoom's BI product transforms and improves health care data to enable managed care organizations to understand and support decisions about health care operations, care delivery and financing. The HealthWeaver™ BI product is pre-built and includes an EIS Dashboard, KPI-benchmarks, ETL, knowledge base (data warehouse), AD-HOC Report Writer, advanced OLAP analytics, charting and graphing tools
About DataLoom Solutions
DataLoom Solutions, a leading Florida-based analytical software company exclusively serving the healthcare industry, has been solely dedicated to providing BI solutions and services to healthcare organizations around the country and in Canada for over 6 years. HealthWeaver™ BI has been touted as one of the world's most advanced BI software solutions in healthcare. DataLoom has clients of every size in a variety of managed care and pharmacy/pharmaceutical organizations — some with revenue in excess of a billion dollars — relying upon HealthWeaver™ every day. DataLoom enjoys the reputation of being an integral part of the continuum of patient care including administration, pharmacy, physician, disease management, ER, medicine, surgery, pediatrics, oncology and intensive care.
DxCG, an ISO business, promotes fair and efficient health care by providing software solutions to more accurately plan, budget and evaluate health care management programs. DxCG has more than 250 clients in the U.S. and abroad. The company's Diagnostic Cost Group (DCG) and RxGroups® predictive models are used to negotiate health-based payments, identify opportunities for disease management, profile physicians and evaluate managed care programs. Recognized by leading independent researchers as the most proven models available, DxCG's methodologies are used by the federal government to set payment rates for the U.S. Medicare program.
About ISO
ISO is a leading provider of products and services that help measure, manage and reduce risk. ISO provides data, analytics and decision-support solutions to professionals in many fields, including insurance, finance, real estate, health services, government and human resources. Clients use ISO's databases and services to classify and evaluate a variety of risks and detect potential fraud. In the U.S. and around the world, ISO's services help customers protect people, property and financial assets.
DxCG ® and DxCG RxGroups® are registered trademarks and service marks of DxCG® , Inc.
DxCG RiskSmart™ is a trademark and service mark of DxCG® , Inc.
Release: Immediate
Contacts:
Giuseppe Barone / Erica Helton
MWW Group (for ISO)
201-507-9500
gbarone@mww.com / ehelton@mww.com
(617) 896-5919
E-mail: stephanie.martinovich@dxcg.com