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PRINCETON, NJ–(Marketwire – March 25, 2008) – The Catastrophe Risk Exchange (CATEX) today announced the release of the Pivot Point Mosaic [Version 1.0] Reporting Service, delivering an advanced, web-based reporting solution to its clients.

Information about the initial Mosaic product release was announced Tuesday by CATEX COO Frank Sweeney during an interview on CATEX TV (www.catex.com)at 1530 GMT (11:30 am EDT).

The initial release includes a suite of data cubes that spans every major module of the Pivot Point reinsurance transaction system. Each data cube can be used to generate a broad range of customized reports to meet the business intelligence needs of its clients.

The Mosaic reporting product is built upon, and supports, all of the existing Pivot Point Systems, including the Pivot Point Broker System; the Pivot Point Agency System, and most recently, the Pivot Point Risk-Bearer System. This Pivot Point software platform currently serves client operations in 20 countries; processes premium volumes of more than USD 3 billion annually; and settles financial transactions in 60 currencies.

Frank Sweeney, CATEX COO, said, “Off-the-shelf reporting and business intelligence applications can be very costly to businesses. CATEX can provide a more affordable reporting solution since we can draw upon our innate knowledge of the underlying Pivot Point data structures to speed reporting deployments to our clients.”

The new product is developed entirely using Microsoft web-based technology, and it can therefore be delivered over the Internet to any end user via a web browser. Once deployed, the CATEX Mosaic service will automatically pull a new data set from the Pivot Point system database at the desired time interval (e.g., hourly, daily) set by a client. Mosaic will allow flexible report design and formatting, and once posted, a report can be stored and reused on a regular basis to ensure consistent business reporting over time. By allowing convenient downloads to Excel spreadsheets and various off-line software environments, the new service will remove the need for ad hoc data extracts or transfers to the internal systems of CATEX clients.

Kunal Patel, CATEX Chief Technology Officer, said, “Our goal is to address multiple challenges facing our clients’ IT departments — enterprise-wide business intelligence; ad hoc reporting; access to data; and third-party integration. Our product should enable IT managers to deliver these solutions in a secure, cost-effective way with reduced time-to-market.”

Product deployment options include either a “fully-managed deployment option” where CATEX personnel manage the data cubes, and also prepare and post the requested reports for the client’s review, or a “partially-managed deployment option” where CATEX will train client business or IT specialists to build and deploy the desired reports.

About CATEX:

CATEX is a leading developer of internet-based software products and services for the global reinsurance industry. CATEX also operates the CATEX Global Exchange, an on-line reinsurance marketplace, and CATEX TV, an on-line TV station that broadcasts risk-related news to a growing international audience. The company has been in operation since 1994 and has offices in Princeton, New Jersey and London.

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Genesis HealthCare System of Southeastern Ohio has selected the Rhapsody™ Integration Engine to serve as a platform to integrate patient data from multiple hospital information systems. Santa Monica, CA (PRWEB) January 15, 2008 — Orion Health, a leading provider of clinical workflow and integration technology for the healthcare sector, announces that Genesis HealthCare System of Southeastern Ohio has selected the Rhapsody™ Integration Engine to serve as a platform to integrate patient data from multiple hospital information systems.

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Rhapsody’s flexibility and ease of deployment made it a good fit for our IT department and the low total cost of ownership made it an easy sell to executives.

The addition of the Rhapsody Integration Engine will allow Genesis HealthCare System (GHS) to accurately and efficiently map data from multiple hospital information systems in multiple locations.

“Performance and reliability were high on our list of requirements for an integration engine that would operate in a 24X7 environment,” said Linda Nolan, I.S. Deliverables Manager, Genesis HealthCare System.

“Rhapsody’s flexibility and ease of deployment made it a good fit for our IT department and the low total cost of ownership made it an easy sell to executives.”

Rhapsody’s Web based monitoring systems allows access to system status information, logs, and other data management tools.

“Awareness about the importance of protecting patient health data has increased in recent years. Rhapsody provides healthcare organizations with a flexible platform to build a system and information integration strategy that fits their unique needs,” says Paul de Bazin, Rhapsody General Manager, Orion Health.

A Best in KLAS solution, Rhapsody has been specifically designed to meet the present and future needs of health integration. The Rhapsody Engine manages and streamlines message exchange between hospital applications, databases and external systems for effortless integration. Rhapsody delivers an integration solution with the lowest cost of ownership and highest return on investment.

About Genesis HealthCare System
Genesis HealthCare System is located in southeastern Ohio and operates a 336-bed, non-profit health system consisting of two hospitals – Bethesda and Good Samaritan, which are located approximately 1.5 miles apart. The service area includes all of Muskingum County as well as the 6 surrounding counties which combined have a total population of 225,000. Services provided at Genesis include obstetrics; pediatric; medical and surgical; emergency; critical care; cancer services; psychiatric and chemical dependency care; hospice; home care; rehabilitation; skilled nursing; community education; occupational health; expanded cardiac care and open heart surgery; inpatient and expanded cancer services and a wide range of outpatient, clinics, therapeutic and diagnostic support services.

About Orion Health
Orion Health’s easy-to-use solutions and applications improve patient care and clinical decision making by providing integrated health data in a single, unified view. By enhancing existing healthcare information systems, Orion Health’s Rhapsody Integration Engine, Concerto Medical Applications Portal, and workflow solutions provide healthcare workers with easy access to patient data and trends, and reduce errors and omissions by streamlining information transfer.

Worldwide, Orion Health is implementing health information communities involving over 35 million patients with tens of thousands of active users including Maine’s HealthInfoNet and the Vermont Health Information Exchange. Orion Health’s partners include leading health system integrators and IT vendors such as Accenture, IBM, Oracle Corporation, Sierra Systems and others. Orion Health has more than 1,000 clients around the world, including Lahey Clinic, New York State Department of Health, UCLA Medical Center, and U.S. Centers for Disease Control and Prevention (CDC). More information can be found at www.orionhealth.com.

Source: www.prweb.com 

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