2009

6 April 2009

IBA announces LORENZO Health Studio to the US market

IBA Health Group Limited, Australia's largest listed health information technology company, today introduced LORENZO Health Studio, iSOFT’s next-generation healthcare information technology solution, in the United States.

iSOFT unveiled its LORENZO Health Studio Partner Programme at the HIMSS health IT conference held in Chicago this week, as it taps growth opportunities in the U.S healthcare market. Selected healthcare providers now have an outstanding opportunity to participate in the new electronic healthcare marketplace created by US President Barack Obama’s economic stimulus package.

iSOFT has the potential to play a critical role in resolving the challenges that US healthcare providers face as they seek interoperable IT solutions to improve the quality of healthcare and reduce its cost among more than 300 million patients.

LORENZO Health Studio, a part of iSOFT’s next-generation LORENZO solution launched globally last year; has the unique advantage of being able to integrate fully with existing IT systems, allowing healthcare providers to upgrade to electronic patient records without the burden of an expensive ‘rip and replace’ programme. Based on a Service Oriented Architecture, using proven international standards and open technologies, LORENZO Health Studio is the foundation of the LORENZO solution currently being deployed in the United Kingdom as the enterprise-wide solution supporting the world’s largest civilian IT project, the UK National Programme for IT.

The LORENZO Health Studio Partnership Programme is open to healthcare providers world-wide, and represents iSOFT’s first entry into the US. The company operates in 37 countries across five continents as one of the world’s largest health IT providers.

IBA Executive Chairman and CEO Gary Cohen said: “The U.S market accounts for more than half of the world’s total IT spending, and represents the single-biggest growth opportunity for iSOFT as a truly global leader in the healthcare technology industry. We have the leadership, the expertise and the right partnerships to succeed in the US, where the healthcare industry is being heavily incentivised by the Obama administration to embrace electronic health records to deliver better quality outcomes.”

For further information, please contact:

Gary Cohen
Executive Chairman & CEO
IBA Health Group Limited
Phone: +61 2 8251 6700
Email: gary.cohen@ibahealth.com

Stuart Kelly
Director of Corporate Affairs
IBA Health Group Limited
Phone: +61 2 8251 6769
Mobile: +61 404 082 361
Email: stuart.kelly@ibahealth.com