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Hoboken University Medical Center Selects Medsphere's OpenVista Solution to Improve Patient Care, Achieve Meaningful Use

New Jersey Hospital Chooses Reliable and Proven Open Source EHR to Decrease Costs, Increase Revenue and Maximize ARRA Stimulus Money

CARLSBAD, CA -- (Marketwire) -- 10/15/09 -- Medsphere Systems Corporation, the leading provider of open source healthcare enterprise solutions, today announced that New Jersey's 328-bed Hoboken University Medical Center (UMC) will implement Medsphere's OpenVista electronic health record (EHR) solution to affordably digitize patient records and improve clinical outcomes through automated patient care. Hoboken UMC becomes the newest participant in the Healthcare Open Source Ecosystem, where clinicians, administrators, and other hospital staff share and learn best practices for improving patient care from other OpenVista users.

The oldest continuously running hospital in New Jersey, Hoboken UMC was acquired by the city of Hoboken in 2007 and has since engineered a remarkable financial recovery culminating with the selection of OpenVista as the key to federal financial assistance. Hoboken UMC will fully and meaningfully deploy OpenVista by summer 2010 and become eligible for financial incentives as outlined by the American Recovery and Reinvestment Act (ARRA). OpenVista is the commercialized version of the VistA EHR, which was created, funded and developed by the U.S. Department of Veterans Affairs (VA) and credited with helping turn the agency into a national leader in quality patient care.

"As effective care providers, we look to continually demonstrate our leadership in the healthcare industry and the communities we serve," said Spiros Hatiras, CEO of Hoboken UMC. "Implementing a proven solution such as OpenVista demonstrates Hoboken UMC's commitment to the best possible clinical care with a constant eye on return on investment. We evaluated all the available EMR solutions and selected OpenVista based on the system's track record and Medsphere's commitment to helping us achieve financial support from the federal government."

Under the terms of the contract, the implementation of OpenVista at Hoboken will provide practitioners with access to valuable clinical IT support: computerized physician order entry (CPOE) functionality, an inpatient bar code medication administration (BCMA) system, a closed loop medication management system, clinical alerts and reminder templates as well as reporting tools.

"Medsphere continues to work closely with progressive hospitals that want a proven EHR at an affordable price," said Michael J. Doyle, president and CEO of Medsphere. "OpenVista gives Hoboken UMC the assurance of investing in a proven EHR that has already demonstrated great value and excellent clinical outcomes at hundreds of hospitals."

NITHealth manages Hoboken UMC's entire information technology system and brings a wealth of relevant experience to the OpenVista implementation. NITHealth has already launched several major health IT initiatives, including a large scale data migration from St. Mary's Hospital (the precursor to Hoboken UMC) to the current campus and implementation of the first FDA-approved remote reading of sleep studies for a large research facility. Once OpenVista goes live, NITHealth will have added further strength to its expertise in VistA-based system implementation.

"We anticipate tremendous benefit from our ability to exchange data with other hospitals that participate in the Healthcare Open Source Ecosystem," said Lior Blik, president and CEO of NITHealth. "This is a pivotal time for Hoboken UMC and other hospitals around the country that are considering cost-effective HIT solutions. We are proud to be implementing OpenVista as part of our commitment to both minimizing upfront costs for hospitals and improving patient care."

About Hoboken University Medical Center

Hoboken University Medical Center (UMC) is a 328-bed facility located in the heart of Hoboken, New Jersey. Hoboken UMC recently unveiled a new state-of-the art emergency department that delivers more efficient, better care to Hudson area patients. It is the oldest continuing hospital in New Jersey, with some of the area's best doctors and nurses, the latest in medical technology, and a host of medical specialties to treat people of all ages and ailments. Hoboken UMC holds a Gold Seal of Approval for high quality patient care and safety from the Joint Commission on Health Care, and is a member of the New Jersey Hospital Association. For more information, visit http://www.hobokenumc.com/main/index.php

About NITHealth

NITHealth, established in 2001, is a leading healthcare IT solutions provider, offering customizable and cost-effective implementation services while improving patient care for the healthcare industry. The company helps its clients achieve business leadership objectives by lowering the cost and maximizing the performance of their information technology systems. A strong and rapidly growing area for the NYC-based solutions provider includes EHR implementation, service support and training, which NITHealth currently offers to Hoboken UMC. Other offerings for the healthcare industry include clinical application implementation, IT staff outsourcing, managed services, help desk services, network and systems security and healthcare network management. For more information visit www.nithealth.com.

About Medsphere and OpenVista

As a disruptive force in healthcare information technology, Medsphere is revolutionizing the industry by delivering commercially supported open source software based on the U.S. Department of Veterans Affairs' proven VistA EHR. The product of 20-plus years of development and more than $8 billion invested, VistA enabled the transformation of the VA into the nation's most efficient and clinically effective healthcare organization. Currently VistA contains roughly 2.1 billion clinical documents, 2.76 billion orders, and 1.51 billion images. As the commercialized version of VistA, Medsphere's OpenVista is a portfolio of products and professional services for hospitals, clinics and integrated delivery networks. OpenVista is currently used by over 20,000 individuals, including 2,500 physicians and contains hundreds of thousands of medical records. Medsphere addresses healthcare's capital constraints through an innovative business model:

--  A unique subscription-based pricing model minimizes upfront costs.
--  The Healthcare Open Source Ecosystem and Medsphere.org portal
    coordinate a unique grassroots community of customers/subscribers, partners
    and developers driving OpenVista innovation and providing a parallel
    development and support structure.
--  Medsphere's experienced team of healthcare technology professionals
    and unique suite of implementation tools deliver a fluid transition to a
    comprehensive healthcare information technology solution.
    

Founded in 2002, Medsphere is backed financially by Azure Capital Partners, Thomas Weisel Venture Partners and EPIC Ventures (formerly the Wasatch Venture Fund). Medsphere clients include Beauregard Memorial Hospital in DeRidder, Louisiana; Midland Memorial Hospital, Midland, Texas; West Virginia Department of Health and Human Resources (WV DHHR); Memorial Hospital of Sweetwater County, Rock Springs, Wyoming; Lutheran Medical Center, Brooklyn, New York; Silver Hill Hospital, New Canaan, Connecticut; Blue Mountain Hospital, Blanding, Utah; and the federal government's Indian Health Service. For more information, visit http://www.medsphere.com and http://www.medsphere.org.

Contacts

Medsphere Systems
Rick Jung
Chief Operating Officer
(760) 692-3742 office
Email Contact

Stanton Communications for NITHealth
Angela Ruggiero
Senior Account Executive
(212) 616-3601
Email Contact

Media
Lily Eng and Thea Lavin
Schwartz Communications for Medsphere
(415) 512-0770
Email Contact

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