Solucient and HealthTech Annnounce Strategic Partnership; Will Combine Expertise to Measure Impact of Health Care Technologies

4/8/2003

From: Tarsis Lopez of Solucient, 847-440-9619 Lori Hack of Health Technology Center, 415-537-6970

EVANSTON, Ill., April 8 -- Solucient and San Francisco-based Health Technology Center (HealthTech) today announced the formation of a partnership that combines HealthTech's research on emerging health care technologies with Solucient's vast quantitative public and proprietary health care data to further determine the impact of new technologies on local health care markets in the United States.

Through the partnership, hospitals will have access to quantifiable data via Web-based software that illustrates how new and emerging health care technologies affect their customers. Hospitals will be able to use this tool to estimate the impact of these new technologies on number of inpatient beds, outpatient care, and physician services. HealthTech and Solucient expect to launch the tool this summer.

"Solucient's proprietary data indicate that hospitals across the country adopt new technologies at different rates," said Chuck Leonard, Solucient CEO. "Working in partnership with HealthTech, we can identify adoption rates for new and emerging technologies at the local level to help hospitals use their capital resources appropriately and plan for the future. Solucient is delighted to partner with HealthTech and strongly values the company's commitment to quality research."

"We are pleased to expand the depth of our research on the impact of technologies to include an additional tool that our partners will be able to use for strategic and capital planning," said Molly Coye, MD, founder and CEO of HealthTech. "Providing access for Solucient clients to key segments of our research on the utilization impact of new technologies will advance our mission and meet an industry need."

Solucient client and HealthTech Partner John Doyle, senior vice president, Ascension Health, agrees.

"As a founding partner of HealthTech and a long-time Solucient client, we are intrigued by the prospect of combining HealthTech's high-quality research with in-depth market trend data provided by Solucient," Doyle said.

For more information on other Solucient products and services, log on to www.solucient.com.

------ About Solucient Solucient is the leading source of health care business intelligence. Its mission is to provide comprehensive, results-oriented information to drive business growth, manage costs, and deliver quality care. Solucient's expertise and proven solutions enable providers, payers, employers, and pharmaceutical companies to achieve results and realize value. By bridging the gap between data and information, knowledge and value, Solucient drives intelligent business decisions. For more information, visit the Solucient Web site at www.solucient.com.

About Health Technology Center The Health Technology Center (HealthTech) is a non-profit research and education organization dedicated to providing information to healthcare organizations about the future impact of technology on healthcare delivery. HealthTech provides in-depth, objective information about emerging healthcare technologies and their potential impact on clinical outcomes, financial performance, facility design, and market strategy. Founded in 2000 by Molly J. Coye, MD, and a group of senior healthcare executives, and supported by more than twenty leading healthcare organizations, HealthTech is creating a network of delivery systems and health plans interested in supporting innovation and advancement of beneficial technologies in healthcare. For more information, visit the HealthTech Web site at www.healthtech.org.