Informatica Introduces Healthcare Data Management Solution To Help Maximize Information Potential

REDWOOD CITY, Calif., Feb. 26, 2013 (GLOBE NEWSWIRE) -- Informatica Corporation (Nasdaq:INFA), the world's number one independent provider of data integration software, today introduced Informatica Healthcare Data Management. The new offering is the most comprehensive solution available for empowering healthcare organizations to manage the full spectrum of healthcare master data domains -- and the relationships between them -- for improved analytics and operational decision making.

The Health Information Technology for Economic and Clinical Health (HITECH) Act drives the capture of unprecedented amounts of healthcare data by incenting providers to adopt Electronic Health Records (EHRs), while the Patient Protection and Affordable Care Act (PPACA) imposes payment reforms that reward quality and value while penalizing inefficiency.

Achieving the objectives of healthcare reform requires that healthcare organizations capture and manage unprecedented amounts of data, and put the data to work to enhance the value of healthcare delivery. Informatica Healthcare Data Management strikes directly at this need by ensuring reliable, accurate, trustworthy data is readily available to support analytics and clinical decision-making at the point of care.

Based on market-leading Informatica master data management (MDM) technology, Informatica Healthcare Data Management helps healthcare organizations to:

• Improve quality of care - Enables an authoritative view of patient, providers, service locations, health plans, and employees, as well as the key relationships between these entities to improve preventive care, care coordination and analytics around quality trends.
• Increase revenue from existing relationships - Delivers insight into referral network and location utilization rates, enabling healthcare organizations to cultivate referrers with differentiating services and targeted promotions.
• Maximize business agility and lower the cost of data - Offers a comprehensive data management platform that helps organizations to quickly adapt to new business needs, lower total cost of ownership, and deliver rapid time-to-value.

"Healthcare organizations are under extraordinary pressure to use their data to gain insights into their business, identify best clinical practices and drive quality, efficiency and revenues while reducing referral leakage and encouraging customer loyalty," said Richard Cramer, chief healthcare strategist, Informatica. "Yet they are almost always thwarted by poor quality data and by a lack of reliable data to drive accurate analytics and operational intelligence. Designed to increase business agility, Informatica Healthcare Data Management is the most comprehensive solution available for getting all this data right and keeping it correct and useful."

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