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Non-Tech : Wit Capital - The way of the future? -- Ignore unavailable to you. Want to Upgrade?

To: Michael Calderon who wrote (5923)	6/30/1999 7:48:00 AM
From: Topannuity	Read Replies (1) \| Respond to of 16809

WIT to get allocations in ALLSCRIPTS. (MDRX) First glance -- looks very promising-- GS underwriting and MSDW a MAJOR investor! Major Stock Holders (After Offering) Morgan Stanley Dean Witter Venture Ptrns. 6,141,373 Liberty Partners, L.P. 3,804,185 Company Strategy The Company provides physicians with Internet and client/server medication management solutions designed to improve the quality and cost effectiveness of pharmaceutical healthcare. Product/Services Portfolio TouchScript is a client/server and Internet-based software application that physicians use to electronically prescribe, route prescriptions and dispense medications. TouchScript provides the physician with ready access to information during the prescribing process to facilitate writing a high- quality prescription. This information includes patient drug history, potential adverse drug interactions, generic drug alternatives and the relative costs of medications and drug preferences of over 800 managed care plans. The resulting prescription is legible, accurate and more likely to be clinically safe and follow managed care guidelines, reducing the need for subsequent communication between the physician and a pharmacist to correct or clarify the prescription. Once the prescribing process is completed, TouchScript offers a variety of fulfillment options for the patient: electronic routing to a retail or mail order pharmacy, printing a legible hard copy or receiving the medication in the physician's office. If the patient chooses to receive the medication in the physician's office and is carrying a pharmacy benefit card, the system can submit the pharmacy claim electronically for immediate approval (adjudication) and reimbursement by the managed care organization. Drug inventory management is fully automated, and all medication orders and receipts are handled via the Internet using a proprietary just-in-time inventory program. TouchScript employs an industry standard electronic data interchange format for sending and receiving prescription information called SCRIPT standard, which was developed by the National Council for Prescription Drug Programs. This enables two-way communication between physicians and pharmacists in a more efficient way than can be accomplished over the telephone. In addition, TouchScript's underlying relational database enables users to generate a variety of clinical, financial and operational reports. Through the Company's Web site, it currently sells pharmaceuticals to physicians, enabling them to provide patients with medications in the office, and it plans to facilitate the delivery of pharmaceutical roducts directly to patients in the future. The Company also enables healthcare professionals to purchase medical-related texts, journals and products online. Source: ipomaven.com MDRX claims to be leader in this industry - If you knows a pharmacist please check with them and tell us if the pharmacist knows ALLSCRIPTS. Please post your findings here.