About CO3 CORP                     .

CO3 Corp is a leading healthcare sector technology innovator that develops extraordinary solutions that make it easy and safe for organizations, their partners and employees to Connect, Communicate and Collaborate™.

CO3 Corp has developed CareCentral™, a breakthrough enterprise collaboration platform that enables health care managers to rapidly deploy Secure Collaborative Networks. CareCentral allows physicians and others to easily access geographically dispersed information resources including patient records and lab results. In addition to providing secure inter-site connectivity, CareCentral features a med-to-med secure collaboration portal and an advanced Clinical Research Platform.

Private and public health care providers worldwide face unprecedented pressure to become more efficient, cost effective and thus more productive. Becoming more efficient means better management and use of existing resources, simply stated - doing more with less. 

Health care centers such as clinics, Long Term Care, hospitals and labs tend to be physically and operationally isolated from each other, even though they are essential links in the same services delivery chain. As a result there are critical disconnects in patient care services from one segment to the next in addition to substantial cost over runs from duplication in the delivery of services, maintenance of records and in the dispensing of medications.

Continuous access to patient and diagnostics information is emerging as one of the most critical factors in the efficient delivery services worldwide. The information exists but is locked away in the files of disconnected service providers, broken links in the patient care continuum.

Substantial risks to patients arising from communications and information disconnects have lead to a dramatic increase the provider's overall liability. The cost to both patient and provider is spiraling.

CareCentral's Impact on Health Care

CareCentral is designed to work in place as without the need to transform existing electronic information formats. Today, using CareCentral, physicians frequently access clinical resources at major hospitals without having to leave their clinics or even their homes. The benefits to the entire health care system are enormous:

The Impact on Patient Care:

·      Better primary care with increased physician monitoring of patient status. Some cardiology clinics using CareCentral. connect to hospital over a thousand times in three months.

·      Dramatically improves patient safety with better coordination of medication between primary and secondary patient records equals fewer drug-drug conflicts.

·      More rapid medication adjustment as test results are more easily accessed.

·      Remote early release of patients means less time in hospitals.

The Impact on Practitioners:

·      Able to manage more patients more effectively

·      Access test results faster, fewer scheduling bottlenecks

·      Order new tests remotely, increases patient flow through

·      Faster alerts of patient arrivals, accelerates treatment response times

·      Less time traveling to hospitals, more time providing primary care

·      Better control over patient therapy with access to more information

The impact on Providers:

·      Patient length of stay at hospitals can be measurably and significantly reduced.

·      Increases patient throughput by increasing overall efficiency.

·      Reduced costs from less duplicate prescribing as physicians have access to primary patient record.

·      Lowers costs through less duplication of prescriptions and testing.

·      First of its kind Secure Collaborative Network for physicians and researchers will have a profound impact on synergies in health care.

·      Fuels the next generation health care vision with a Proactive Healthcare model.

   
Health care now accounts for 15% of the United State’s Gross Domestic Product (GDP) with Federal and State Governments paying for almost 50% of that cost, making the health sector in the U.S. the largest and most complex economic and social sector in the world.

According to  Healthcare Information and Management Systems Society, healthcare IT executives believe that increasing patient safety and reducing medical errors is among the top business issues that will have the most impact on healthcare in the next two years.

President Bush and other national leaders have publicly called for development of a national health information infrastructure. The U.S. Government has recently started to publish plans for all Americans to have an electronic health record in ten years.

The US Department of Health acknowledges that if the current conditions continue over the next 10 or so years, the U.S. will have somewhere between 5,000 and 30,000 silos of information that can’t be shared.