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US Oncology Announces iKnowMed(TM) Technology Platform

Press releases may be edited for formatting or style | June 02, 2010
Platform supports
community oncologists
THE WOODLANDS, Texas /PRNewswire/ -- US Oncology, Inc., the nation's leading integrated oncology company, has announced its new iKnowMed™ Technology Platform to support community oncologists nationwide. This new platform enhances cancer care quality and practice efficiency through integrated, oncology-specific technologies that enable community oncologists to solve challenges in the areas of care delivery, drug management, and revenue cycle management.

Today's oncology practices often have - or use - a wide array of technologies. While each of the technologies in use in a practice may focus on and enhance components of cancer care, in most oncology practices, they are not integrated with other systems and do not realize information technology's potential to empower community oncologists with the comprehensive knowledge they need to care for cancer patients and run their practice. This disintegrated, incomplete information results in missed opportunities to increase the overall quality of patient care, maximize practice productivity and lower practice operational costs. The iKnowMed Technology Platform enables oncologists to harness the power of technology to solve key challenges that impact quality of care and practice efficiency.

"Healthcare has lagged behind other industries in the use of information technology to enhance quality and efficiency," said Bruce Broussard, Chairman and CEO of US Oncology. "In oncology, we know that the smart application of enabling technology can help physicians improve care delivery, reduce errors, operate more efficiently, and expand access to proven life-saving therapies and cutting-edge research. Our new iKnowMed Technology Platform brings together an integrated, comprehensive package that will allow community oncologists to lead healthcare into the 21st century."
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The iKnowMed Technology Platform demonstrates US Oncology's focus on creating solutions to help oncologists improve a broad range of care delivery, drug management, and revenue cycle management processes within the community oncology practice setting. US Oncology applied its deep clinical and business insight into community oncology to customize technology systems that deliver comprehensive oncology-specific content to support efficient practice workflow. These systems help physicians ensure patients receive treatments based on the best available evidence with point-of-care decision support, track and report on quality measures, optimize real-time inventory management to minimize working capital investment, improve first-time collections through enhanced billing and coding accuracy, increase accruals for clinical trials, as well as provide patients with innovative self service technologies.