Appreciate it mad! I see news on DAOU .72 (a cheapie I have) today: Daou Awarded Contract to Extend the Legacy System at Ingalls Memorial Hospital
Monday March 15, 8:05 am ET
New Web Services to Positively Impact Patient Care
EXTON, Pa., March 15 /PRNewswire-FirstCall/ -- Daou Systems, Inc. (OTC Bulletin Board: DAOU - News), a provider of IT consulting and management services to healthcare organizations, today announced an agreement with Ingalls Memorial Hospital in Harvey, Ill. to deploy a R.A.P.I.D.(TM) Web Services portal solution that will enable the health system's physician community to access patient information from any secure Internet connection. The solution will initially integrate with five key clinical and administrative application systems now in operation at Ingalls.
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"In an economy where the healthcare industry is struggling, hospitals and healthcare organizations are looking for ways to keep up with emerging technologies while maintaining slim budgets," said Daniel J. Malcolm, Daou's president and CEO. "Implementing web-based solutions will enable organizations such as Ingalls to extend the useful life of their legacy systems at a lower cost and shorter timeframe than replacing these systems, while providing enhanced information services to clinicians through contemporary web applications."
Daou's Advanced Technologies Group will use Park City Solutions' emPOWERnet(TM) as the technology platform to provide a physician portal with integration to several of Ingalls' clinical and financial systems including: IntraNexus Allegra, Eclipsys TDS7000, SoftMed, SoftLab and DR Systems PACS. With the Daou web solution framework, Ingalls can choose from many of its previously deployed healthcare-specific applications, integrate external web applications, as well as create new workflow solutions to meet current and future requirements.
"We conducted a diligent search to find the right partner to implement an online physician portal solution, and we are confident in choosing Daou as our partner," said David Hillenmeyer, Director, I/T of Ingalls Memorial. "In addition to a sound technology solution, Daou brings a solid track record of successful implementations aligned with significant expertise in application workflow, systems integration and network infrastructure."
Providing physicians with online web access to patient demographic and clinical data is a key strategy for improving patient care and extending the physician referral base in Chicago's South Suburbs. The portal will enhance the outreach services that Ingalls currently provides to community physicians, enabling timely access to clinical laboratory data. Additionally, the ability to utilize appropriate content binding and personalization features will help their physician community to positively impact patient care.
About Ingalls
Ingalls Memorial Hospital was named one of "America's Best Hospitals" in the 14th annual edition of U.S. News & World Report. Ingalls was cited in three separate categories - ranked 28th in the nation for excellence in Neurology and Neurosurgery, as well as 43rd in Geriatrics and 47th in Rheumatology. Ingalls is one of the only hospitals in the South Suburbs to offer such a full range of care including stroke intervention and management; radiosurgery, a brain tumor program; state-of-the-art technology; a sleep center; research; a dedicated operating room; nursing and rehabilitation support; dedicated patient care units; expansive sub-specialty surgical skills; evaluation and treatment of epilepsy as well as disorders of movement, cognition and sleep.
About Daou
Daou Systems, Inc. provides expert consulting and management services to healthcare organizations in the design, deployment, and support of IT infrastructure and application systems. Daou offers a range of comprehensive services, from strategic consulting, to IT application design and implementation, to government and integration services, to best practices expertise in help desk, break/fix and desktop support. Daou has provided services to more than 1,600 healthcare organizations, including government healthcare and leading private and public hospitals, managed care organizations on both the payer and provider sides of the market, as well as integrated healthcare delivery networks (IDNs). Daou Systems, Inc. is a publicly traded company listed on the OTC Bulletin Board under the stock symbol DAOU.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are only predictions and actual events or results may differ materially. Forward-looking statements usually contain the word "estimate," "anticipate," "hope," "believe," "think," "expect," "intend," "plan" or similar expressions. The forward-looking statements included herein are based on current expectations and certain assumptions and entail various risks and uncertainties, including risks and uncertainties relating to: the Company's ability to achieve a successful sales program and to obtain new customer contracts; the relatively longer sales cycle in obtaining new customers and larger contracts; industry spending patterns and market conditions, including seasonal trends; the reduction in size, delay in commencement or loss or termination of one or more significant projects; the management of the Company's consolidated operations; management of future growth; the Company's ability to continually offer services and products that meet its customers' demands, as new technologies or industry standards could render its services obsolete or unmarketable; the ability of the company to successfully execute strategies for realizing shareholder value; and the effects of healthcare industry consolidation and changes in the healthcare regulatory environment on existing customer contracts. These uncertainties and risk factors, as well as the matters set forth in the Company's Annual Report on Form 10-K under the caption "Risk Factors" and its other SEC filings, could cause actual results to differ materially from those indicated by these forward-looking statements. These forward-looking statements reflect management's opinion only as of the date of this press release and the Company assumes no obligation to update or publicly announce revisions to any such statements to reflect future events or developments.
Not the kind of news I'd expect much of a move on, however this stock may be about ready to turn around after a fall, and it may not take much to get it started...tuna |
