Management Information Tools and LifePoint Informatics Deliver First MITS Report Implementation Built on CACHÉ Database
InterSystems Corporation today announced reseller agreements with two new InterSystems application partners. Management Information Tools, Inc. (MITS®), and LifePoint Informatics have partnered to help medical laboratories provide timely, accurate reporting services to healthcare providers.
InterSystems develops innovative database, integration, and business intelligence products. Known worldwide as a highly scalable object database for transactional systems, InterSystems CACHÉ® handles SQL queries faster than relational databases and enables rapid Web application development.
MITS develops and markets Online Analytical Processing and business intelligence solutions. LifePoint's clients use its services to transmit lab test results and related data through Software-as-a-Service (SaaS) solutions developed and hosted by LifePoint. These Web-based solutions are built on InterSystems CACHÉ. LifePoint has added MITS Report, an operational and ad hoc reporting solution designed for a wide range of MultiValue and relational databases, to its solution suite.
"LifePoint serves both medical providers and clinical medical laboratories," said LifePoint Chief Technical Officer Preston Law. "We're in the business of exposing test results data, produced by the labs, to the health care providers." As a result, providers who once relied on fax and mail can now quickly obtain test results online.
In addition to individual test results, both labs and providers must analyze and report aggregated test and test results data for reasons ranging from trend analysis to Medicare reimbursement reporting. "That's why we've added the MITS Report capabilities to our offerings," said Law. "And, we're encouraged by early reaction to the new report capabilities."
MITS President Fred Owen shares Law's optimism. "LifePoint's large, expanding client base presents significant revenue opportunities for all sides of this partnership," he pointed out. "This is our first sizable sale involving a CACHÉ-based application," Owen said. "And, because it will serve a large user base via the SaaS model, we think other CACHÉ users will be very interested in this offering."
Owen underlined the importance of CACHÉ to the MITS long-term strategy. "Thousands of companies use CACHÉ because it provides advanced capabilities for Web-based development along with massive scalability and high-performance transaction processing. People need reporting and business intelligence solutions for large data volumes, so the substantial CACHÉ installed base represents a significant market for MITS Report."
According to Owen, the new LifePoint implementation also demonstrates key strengths of MITS Report: the ease with which it can be private-labeled for resale and integration into other software solutions, and its high suitability for use in the SaaS solution delivery model.
"InterSystems is very pleased to be working with MITS and LifePoint to make MITS' advanced reporting capabilities easily accessible within LifePoint's SaaS solutions," said Matthew Nee, InterSystems Vice President of North American Sales. "InterSystems has strong working partnerships with both companies and it's gratifying to see them leverage CACHÉ to deliver these innovations within the high-growth SaaS-focused business sector."