GE Centricity(R) -- Third Largest U.S. Outpatient EMR with Nearly 10%
SAN DIEGO, Aug. 5 /PRNewswire-FirstCall/ -- CardioDynamics (Nasdaq: CDIC), the innovator and leader of BioZ(R) impedance cardiography (ICG) technology, today announced that the Company's BioZ(R) Dx now seamlessly integrates with General Electric Healthcare's Centricity(R) electronic medical record (EMR) system.
The Company released this week its latest version of BioZport(R) ICG data management software which includes capabilities to automatically integrate and transfer BioZ(R) ICG data from the BioZ(R) Dx to GE Healthcare's Centricity(R) EMR system. This is a strategic advancement for the Company's flagship product as EMR interface and paperless workflow are increasingly becoming necessities to the outpatient physician when making decisions on new medical technologies. Currently, it is estimated that 24% of U.S. outpatient physicians utilize an EMR system. Medical device to EMR interface capability will continue to grow in importance as U.S. outpatient-based physician use of EMR is forecasted to grow at over 16% per year through 2013.
Michael K. Perry, CardioDynamics Chief Executive Officer, stated, "We are extremely pleased to release our initial BioZ ICG direct EMR interface. EMR is a driving, essential factor in the majority of medical device decisions for early adopter physicians and large physician practices. Interfacing with our long-time partner, GE Healthcare, whose Centricity(R) system has nearly 10% share in our sizable outpatient physician market, is a great accomplishment for our company, customers, prospective customers and investors."
Perry continued, "Our EMR strategy is to partner with the top 10% to
15% of EMR suppliers, who collectively have 80% of U.S. outpatient market
share. Allscripts, the second largest outpatient EMR provider, with over
12% market share, is our next planned interface. With inc
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