ORLANDO- HIMSS Conference & Exhibition -- Covisint Corporation (Nasdaq:COVS), provider of the leading cloud engagement platform, today expanded its healthcare platform globally to support the growing international need for secure health information exchange. Covisint signed a five-year strategic partnership with the Indonesian-based Aptus Pacific Indonesia in the debut of Covisint's global healthcare expansion.
The international market poses both unique challenges and opportunities
in providing healthcare quality measurement, claims administration and
service delivery. Poor healthcare automation systems often result in
expensive and inefficient workflows that cause delays in care delivery
and reimbursement. Leveraging the Covisint platform, Aptus will deploy
Health Information Exchange Indonesia, a flexible solution that will
meet health provider and payer organizations where they already are in
their technology adoption -- a critically important factor in
international markets.
Together, Aptus and Covisint will automate inefficient processes in the
insurance, hospital and physician markets as a first step in health
information exchange for Indonesia, which is predicted to grow to the
world's seventh-largest economy by 2030 (up from 16th today). The
Indonesian market -- which is reflective of many Asian-Pacific regions
-- represents a robust growth opportunity for technology due to a
rapidly expanding middle class and the need for an improved healthcare
delivery system supporting large and growing populations.
The Covisint and Aptus partnership will provide the expertise and
ability to meet rigorous international regulations and privacy
standards that will drive increased efficiency across the healthcare
value chain, including serving:
-- Care delivery organizations and physicians, who will gain the ability to
improve workflow automation, reducing time to reimbursement and
administrative costs while enabling organizations to invest more time
and money back into patient care.
-- Payer organizations, who will now be able to automate communications
with providers for improved efficiency. Currently communications between
payer and providers are processed via phone, fax or currier transport of
medical and administrative records. Moving message-handling to
electronic workflows means improved profit due to efficiency with higher
provider and beneficiary satisfaction.
-- Patients, who will enjoy greater efficiency in handling claims and
timeliness of care delivery, leading to better care and higher patient
satisfaction.
"Given the state of technology adoption in Indonesia, the Covisint
platform provides a timely, high-value solution driving the automated,
secure and efficient exchange of health information into a market
where, previously, manual operations existed," said Almer Joesoef,
President Director of Aptus Pacific Indonesia. "The Covisint platform
-- which is proven across the U.S. healthcare industry, as well as
other global industries -- will enable us to achieve a major corporate
priority to improve the quality and efficiency of healthcare services.
We will be marketing and implementing Health Information Exchange
Indonesia to support public and private health systems and insurance
markets across Indonesia."
"Healthcare globally depends on secure, scalable and effective
communication between providers, payers and others across the entire
care continuum," said Dave McGuffie, Covisint CEO and President. "This
partnership -- built on Aptus' cultural and political understanding of
the Indonesian healthcare market, combined with Covisint's proven and
scalable technology platform -- will deliver significant value to the
Indonesian market. Covisint will continue to work with key customers
and partners to expand its healthcare footprint globally."
Covisint delivers high value to accountable care stakeholders by
supporting a comprehensive health information technology roadmap that
helps improve health outcomes, increases efficiencies and fills the
gaps left by existing technology investments. Covisint's agnostic
platform, which works with or without an existing EMR system, enables
the free, secure flow of information with the customer in full control,
helping healthcare providers and payers maintain data independence and
control.
Covisint
Covisint provides the leading cloud engagement platform for creating
and enabling new mission-critical external business processes. Our
solutions enable organizations to connect, engage, and collaborate with
the critical external audiences that define their success--including
customers, business partners, and suppliers. Covisint allows its
clients to establish a secure, reliable, integrated presence in the
cloud, and offer the kind of engaging information experiences that
people everywhere have come to expect. Learn more at www.covisint.com.