ORCA news.... ----------------------------------------------------------------------Tuesday July 13, 6:23 pm Eastern Time Company Press Release ORCA Technologies Launches The CuraSys Portal -- Linking Home Health Care Providers, Payers, And Physicians Via The Web BOTHELL, Wash.--(BUSINESS WIRE)--July 13, 1999--ORCA Technologies Inc. (OTC BB:ORCA - news), emerging provider of Windows-based, enterprise software for home health care management, today announced the launch of their home health care web portal at www.orcatech.net.
The portal will provide authorized users with a secure gateway for access to real-time information used in decision support and transactions related to effective patient management.
ORCA's web portal is an extension of its CuraSys(TM) product line, an automated system for enterprise-wide home health care management. The portal will link clinicians, administrators, payers and physicians with secure, web-based CuraSys home health care, medical management and regulatory compliance applications.
A key component of ORCA's new portal provides authorized users with secure access to the web-based benchmarking and analysis capabilities of the CuraSys Outcomes Center(TM). Home health care businesses are required by the government and certain accrediting organizations to collect specific data used to indicate the ability of a home health care agency to manage risk and provide consistent quality patient care. All CuraSys users, in the normal course of use, collect and manage this data. The data is aggregated and delivered to ORCA's data warehouse where it is processed and delivered to the requiring regulatory entity to fulfill reporting and benchmarking mandates. By delivering these solutions, ORCA Technologies has taken what otherwise would have been a labor-intensive, compliance-oriented task and created a significant value-added solution -- allowing agencies to continuously monitor risk and enhance their operations.
''The alternate site health care marketplace is ideally positioned for the delivery and use of cost effective web-based applications that close the gap between health care providers and the recipients of that care,'' states Anthony D. Begando, President of ORCA Technologies. ''From its inception, CuraSys was designed as a powerful tool to collect and distribute valuable medical content throughout the continuum of care. Leveraging the Internet to connect physicians, payers, laboratories, pharmacies, and other entities to CuraSys-enabled home health care providers is a core component of our strategy. Launching the CuraSys Portal is an important step in executing that strategy.''
CuraSys is built upon a scalable network-based architecture that enables its business and clinical workflow applications to operate across highly distributed environments. The CuraSys Associate(TM) is a highly mobile point-of-care system that utilizes simple, tap-based, process-driven workflow applications to standardize, automate, and document the delivery of patient care. The CuraSys Management Center(TM) provides advanced resource planning and utilization, clinical, financial, administrative and outcomes management applications for use within the alternate site health care enterprise.
''The CuraSys suite of products provide our customers with powerful tools that stand at the core of our web strategy,'' said Roger P. Vallo, Chairman & CEO of ORCA Technologies. ''Outcomes reporting is just the first step in leveraging our underlying architecture to facilitate e-business activities between our initial vertical market and the continuum of care.''
ORCA Technologies, Inc., with headquarters in Bothell, WA, is a two-year-old network-based software applications solution provider whose mission is to provide secure healthcare management solutions that improve medical information management, clinical collaboration, patient outcomes and financial performance.
For more information about ORCA Technologies, please visit our corporate web site at orcatech.net.
Note: This release, other than historical information, consists of forward-looking statements that involve risks and uncertainties such as potential delays during product development, market acceptance of new technologies and related products, acceptance of ORCA technology in other industries, integration of the business of ORCA into the existing business of ORCA, and competitive pressures. Readers are referred to the documents filed by ORCA with SEC, specifically the most recent reports on forms 10-QSB and 10-KSB, that identify important risk factors which could cause actual results to differ materially from those contained in the forward-looking statements. ORCA and its subsidiaries disclaim any intent or obligation to update those forward-looking statements.
-------------------------------------------------------------------------------- Contact:
ORCA Technologies, Inc. Roger Vallo, Chairman & CEO, 425/354-1600
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