IRVING, Texas, Oct. 04, 2016 (GLOBE NEWSWIRE) -- HMS Holdings Corp. (NASDAQ: HMSY ) today announced the release of Version 3.9 (v3.9) of Essette, its newly acquired web-based care management platform. The Essette Suite, which includes case management, utilization management, and population health management modules, assists risk-bearing healthcare organizations to identify, engage, and better manage patient populations toward improved financial and clinical outcomes.
True to form, v3.9’s built-in interfaces boost integration with best-of-class healthcare technology and enhanced user experience design, as evidenced by the launch of EssetteBI (Business Intelligence). The v3.9 dashboard, developed in response to user feedback and successfully beta-tested by a client representing a network of hospitals, doctors and clinics, was engineered to accelerate and simplify trend analysis.
EssetteBI provides healthcare organizations with the insights and resources they need to make prompt, actionable, and data-driven decisions.
“Since many organizations who adopt the integrated experience increase efficiency without the need to hire more staff, EssetteBI offers customers a potential cost savings. Now, when combined with the enormous amount of existing reportable data captured by the software, data visualizations included in the new BI module give users the ability to more easily sift through a tabular report and find outliers. No longer reliant on IT teams to create graphical reports to illustrate the data, users will also avoid the costly and time consuming drain on developer resources,” said Bill Lucia, HMS Chairman and CEO.
Grant Gaudette, software architect and Chief Technology Officer for Essette, an HMS company, noted other important features of v3.9, such as the EssetteHL7 plugin. He explained, “With so many proprietary EMR vendors vying for control of the marketplace, the challenge has been getting relevant data into the hands of the people who need it most. With v3.9, we now offer a standard, plug-and-play model to get clinical data from the EMR into Essette. Adding that data access to Essette Population Management (EssettePM) campaigns and the rest of the highly configurable Essette workflow is a huge win for our customers.”
Additional Key v3.9 Technology and Enhancements:
- Optimization of the Member Shared Assessment Question functionality (to better identify answers current in individual CM, PM, and UM assessments)
- The ability to “Copy an Auth” a feature that helps UM users avoid duplicate data entry and, as a result, save valuable time
- Insignia Patient Activation Measure (PAM)® integration to EssetteCM (Care Management), featuring PAM logic and workflow cleverly dressed in the familiar, user-friendly Essette User Interface
- EssetteUM (Utilization Management) supports both MCG CareWebQI™ and McKesson InterQual® providing the ability to support both sets of evidence based guidelines and, as a result, to have concurrent views
About HMS
HMS Holdings Corp., through its subsidiaries, provides coordination of benefits, payment integrity, and care management solutions for payers. The Company serves state Medicaid programs; health plans, including Medicaid managed care, Medicare Advantage and group and individual health lines of business; federal government health agencies, including the Centers for Medicare & Medicaid Services and the Veterans Health Administration; government and private employers; and other healthcare payers and sponsors, including child support agencies. As a result of the Company’s services, customers recover billions of dollars annually and save billions more through the prevention of improper payments.
About Essette, an HMS Company Improved health and lowered costs require an integrated approach. One that’s flexible, affordable and promotes care across the continuum. Essette® web-based care management software offers a robust alternative to ‘shrink wrapped’ applications. Incredibly powerful and user-friendly, Essette software—built upon a refreshingly efficient platform—is rapidly becoming the preferred choice for healthcare organizations seeking a simple means of delivering high-value, collaborative care. Whether the need is for real-time monitoring and reporting of data, interface ability with “core systems,” analytics, exchanges and external EMRs, or the added expertise of clinical consultants, the Essette suite provides customers with integrated solutions that combine technology with creative thought and integrity. Learn more about Essette software solutions by visiting http://www.essette.com .
Safe Harbor Statement This press release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Such statements give our projections or forecasts of future events and are based on our current expectations and assumptions regarding our business, the economy and other future conditions; they do not relate strictly to historical or current facts. Forward‐looking statements can be identified by words such as “aims,” “anticipates,” “believes,” “estimates,” “expects,” “forecasts,” “intends,” “likely,” “may,” “plans,” “projects,” “seeks,” “targets,” “will,” “would,” “could,” “should,” and similar expressions and references to guidance, although some forward-looking statements may be expressed differently. In particular, these include statements relating to future actions, business plans, objectives and prospects, future operating or financial performance. Factors or events that could cause actual results to differ may emerge from time to time and it is not possible for us to predict all of them. Should known or unknown risks or uncertainties materialize, or should underlying assumptions prove inaccurate, actual results could differ materially from past results and those anticipated, estimated or projected. We caution you therefore against relying on any of these forward-looking statements. Factors that could cause or contribute to such differences, include, but are not limited to: our ability to successfully integrate Essette's operations; our ability to successfully execute our strategy of building out a care management technology solutions platform; our ability to acquire suitable acquisition candidates on acceptable terms; changes in the U.S. healthcare environment or healthcare financing system; our ability to retain customers or the loss of one or more major customers; the unexpected reduction in scope or termination of a significant contract; intellectual property rights, confidential and proprietary information; our ability to execute our business plans or growth strategy; development and implementation of new product solutions or new process improvements; our ability to maintain effective information and technology systems and networks, and to protect them from damage, interruption or breach, including cyber-security breaches and other disruptions; the nature of investment and acquisition opportunities we are pursuing, and the successful execution or integration of such investments and acquisitions; the failure to realize the full value of goodwill or intangible assets from acquisitions; our ability to attract and retain qualified employees and key personnel; and other factors, risks and uncertainties described in our most recent Annual Report on Form 10-K and subsequent filings with the Securities and Exchange Commission. Any forward-looking statements are made as of the date of this press release. Except as may be required by law, we disclaim any obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Contact: Dennis Oakes SVP, Investor Relations dennis.oakes@hms.com 212-857-5786 Media Contact: Francesca Marraro VP, Marketing and Communications fmarraro@hms.com 212-857-5442
