WAKEFIELD, Mass., June 5, 2013 (GLOBE NEWSWIRE) -- Edgewater Technology, Inc. (Nasdaq:EDGW), a leading consulting firm that brings a blend of classic and product-based consulting services to its clients, has partnered with Informatica Corporation to develop an integrated analytics and reporting solution for Accountable Care Organizations (ACOs) and their participating healthcare providers. The solution will help them drive performance and leverage data as an enterprise asset for achieving value-based care.
The Edgewater Accountable Care Analytics solution is a comprehensive set of data integration and business intelligence capabilities for clinical, financial and care management professionals that empower healthcare organizations to improve quality and reduce costs across a spectrum of care delivery settings. The solution automates many of the labor-intensive aspects of capturing and reporting on ACO performance and related risk-based arrangements that exist today, while enabling healthcare providers to take a data-driven approach to understanding the impact of quality, cost and outcomes across the enterprise.
"The relentless pressures to improve quality and reduce costs are pushing healthcare organizations of every size and shape to implement a cross-enterprise platform for universal access and trustworthy data," said Shirley Singleton, Edgewater's chairman, president and CEO. "Further, they need these assets delivered via advanced analytics where they can make a direct difference to end-users. We are very excited to be partnering with Informatica and leveraging the Informatica Platform to facilitate the mapping of data and deploying of analytics."
"As Healthcare transforms to a pay for value model, being able to capture insights in data about what is working and what is not is a competitive differentiator," says Richard Cramer, Informatica Chief Healthcare Strategist. "Partnering with Edgewater to deliver this data driven ACO Analytics solution is a natural way for us to help healthcare organizations achieve the potential of their information."
Edgewater Technology, Inc. (Nasdaq:EDGW) is a strategic consulting firm delivering a blend of classic and product-based consulting services. Edgewater addresses the market both vertically by industry and horizontally by product and technology specialty, providing its client base with a wide range of business and technology solutions. As one of the largest IT consulting firms based in New England, the company works with clients to reduce costs, improve processes and increase revenue through the judicious use of technology. Edgewater's brand names include Edgewater Technology, Edgewater Ranzal and Edgewater Fullscope. To learn more, please visit www.edgewater.com.
CONTACT: Company Contact: Edgewater Technology, Inc. Jenny Norwood Tel 1-781-213-9850 Investor Relations: Liolios Group, Inc. Cody Slach Tel 1-949-574-3860 EDGW@liolios.com
Source:Edgewater Technology, Inc.