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Hospitals Turn to Vendors Like Elekta for Help in Squeezing Most From Existing Technologies

As Capital Expenditures Slow, Hospitals and Treatment Centers Seek Competitive Advantage by Leveraging Technology

 
   
Atlanta, April 2, 2009
For oncology programs struggling to make ends meet, the ability to do more with less is appealing. The pressure to gain efficiencies comes from two converging market forces: the recessionary economy that is straining the traditionally recession-proof healthcare industry, and the national push to implement electronic medical records (EMRs).

The subject of EMRs is gaining new prominence with the inclusion of $19 billion in Congress’s economic stimulus package as well as the impending 2014 deadline for having an electronic health record for every American, which was set by the federal government five years ago.

“Oncology departments using Impac Software often don’t fully appreciate how its features can streamline processes and reduce workload because they are comprised of so many different physician specialists and systems,” says Terry Oakes, vice president, STRATEGIQ Services for Elekta.

As a result, Elekta formed STRATEGIQ Services, a professional services group, to assist clients in obtaining additional value from their oncology programs. By evaluating and restructuring administrative and clinical processes while maximizing the usage of functionality available in Impac’s comprehensive EMR software, MOSAIQ, oncology departments are finding benefits that not only create savings but also increase staff and patient satisfaction.

“We found that many oncology departments were only using the software for its basic ability to schedule, verify patient treatments, and print out paper charts,” Oakes says. “I like to say that STRATEGIQ Services ‘brings the software to life’ by helping our clients realize efficiencies for their unique challenges. We work with our clients to revise their current processes and use of the software. We help them identify and develop new processes, eliminate their dependence on paper and gain the efficiencies of an electronic medical record system while improving the quality of their patient care.”

STRATEGIQ Services recently completed an engagement at Lake Regional Health System in Osage Beach, MO to help the comprehensive oncology department minimize the use of paper through more efficient use of their Impac Software. Marcy Maxwell, Director of Oncology Services, says that “STRATEGIQ Services really forced us to think step by step through our processes. This was a wonderful opportunity for us to clearly define roles and get everyone on the same page.

“From this process we were able to lay the groundwork for a more standardized, efficient system, which we desperately needed,” she continues. “The deliverables provided a logical framework and timeline for implementation. It allowed every member of the healthcare team with information regarding what to expect and when for each step of the implementation process.”

Although many benefits are possible, Maxwell said they will immediately benefit from the efficiencies identified in day-to-day activities, standardization of documentation in medical and radiation oncology and instant availability of patient information.

For Impac oncology software users, the ability to take advantage of the software’s inherent EMR capabilities offers numerous benefits. “STRATEGIQ is helping radiation and medical oncology departments determine how they can immediately profit by more fully utilizing the software’s capabilities,” says Oakes. “An additional benefit of a STRATEGIQ engagement is that by streamlining processes, a cancer center can gain a competitive advantage in their marketplace.”

Note: This is the third in a three-part series on how hospitals are exploring financing alternatives and/or leveraging current assets to maintain a competitive edge. For the complete series, visit Elekta.com or contact financing@elekta.com.


About Elekta
Elekta is a human care company pioneering significant innovations and clinical solutions for treating cancer and brain disorders. The company develops sophisticated state of the art tools and treatment planning systems for radiation therapy and radiosurgery, as well as workflow enhancing software systems across the spectrum of cancer care. Stretching the boundaries of science and technology, providing intelligent and resource-efficient solutions that offer confidence to both healthcare providers and patients, Elekta aims to improve, prolong and even save patient lives, making the future possible today. Today, Elekta solutions in oncology and neurosurgery are used in over 5,000 hospitals globally, and every day more than 100,000 patients receive diagnosis, treatment or follow-up with the help of a solution from the Elekta Group. Elekta employs around 2,500 employees globally. The corporate headquarter is located in Stockholm, Sweden, and the company is listed on the Nordic Exchange under the ticker EKTAb. For more information about Elekta, please visit www.elekta.com.

Media Inquiries:
Michelle Lee
PR and Advertising Manager
Tel: +1 770-670-2447 michelle.lee@elekta.com


Global Marketing inquiries: Peter Ejemyr
Group VP,
Corporate Communications, Tel: +46 733 611 000  peter.ejemyr@elekta.com

Investor inquiries:
Lena Schattauer,
Investor Relations,
Elekta AB
Tel: +46 8 587 257 22, +46 70 595 51 00,
lena.schattauer@elekta.com


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