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ACS MIDAS+ Announces the Acquisition of Statit Software, Inc.
Tucson, Arizona – July 2008 – ACS MIDAS+ is pleased to announce its recent acquisition of Statit Software, Inc., a leading provider of process management and quality improvement statistical analysis software. The Statit Software operations will become the MIDAS+ Statit Solutions Group under the direction of Tom Simas, Statit’s former President and CEO.
Announcing a new MIDAS+ product offering – MIDAS+ Statit piMD
In addition to the previously announced integration of Statit Statistical Process Control charts into the core MIDAS+ applications, the acquisition of Statit Software adds the Statit piMD (performance indicator & Management Dashboard) application as a new, incremental product offering to the MIDAS+ suite of solutions. MIDAS+ Statit piMD is a powerful Web-based dashboard solution allowing real-time creation and publication of enterprise-wide, departmental, or special purpose dashboards and scorecards.
As an example, to meet your needs for comprehensive physician profiles , MIDAS+ Statit piMD can be licensed to construct and distribute a browser-based, physician-specific scorecard allowing secure individual physician review — with drill down — as well as department chair access and management of multiple profiles, with review and comment capability. Through both the seamless integration with data from the existing MIDAS+ system as well as our creation of pre-built profiles leveraging explicit MIDAS+ data, MIDAS+ Statit piMD will represent a very robust incremental solution for our current and future customers.
“We are very pleased and excited to announce the acquisition of Statit Software and welcome them as the newest member of our ACS MIDAS+ family”, says Jim DeWeese, Senior Vice President of ACS MIDAS+. “The acquisition of Statit Software significantly enhances our access to Statit’s experience and expertise and creates a very effective environment for MIDAS+ to continue to learn and leverage Statit’s healthcare specific SPC knowledge. We are also extremely excited with the addition of Statit piMD to our suite of information system solutions."
Tom Simas notes, “Healthcare providers continue to face challenges that seem to get more complex every year. We believe the combination of ACS MIDAS+ and Statit Software will create a change agent that helps providers improve outcomes while lowering costs. Statit Software is very proud to be added to the solution suite of ACS MIDAS+."
For additional information please visit www.statit.com to learn more about Statit Software and the Statit piMD solution.
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"We implemented the MIDAS+ Comparative Data Base several years ago and at that time we were impressed with the timeliness and comparative data made available to us without allocating additional resources for data collection -- moving to DataVision was our next logical step. We have found DataVision to be the 'next generation' of data management, providing us with concurrent comparative benchmark data as well as fulfilling our regulatory requirements. DataVision is not only our Core Measure solution but also monitors our facility performance for Leap Frog comparison and the AHRQ patient safety indicators. Our case managers find DataVision very easy to navigate and now with DataVision they not only have our facility data at their fingertips but they also have immediate on-line access to comparative data. The data analysis and drilldown capabilities within DataVision are awesome!"
Betsy Stauffer
Clinical Systems Administrator,
Lancaster General Hospital,
Lancaster, PA
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