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Elizabeth Earl
2/10/2015
Healthcare IT security company Imprivata launched Confirm ID, a secure software for electronically prescribing controlled substances.
Revenue Growth of 34% for the Fourth Quarter, 36% for the Full-Year
Highlights:
Lexington, Mass. — February 26, 2015— Imprivata® (NYSE: IMPR), the healthcare IT security company, today announced that members of management will participate in the upcoming Barclays Global Healthcare Conference.
Omar Hussain, President and CEO, and Jeff Kalowski, Chief Financial Officer, will present at the conference in Miami, FL on Wednesday, March 11th at 3:50 PM EST.
An audio webcast of the presentation will be available live and archived on Imprivata’s investor relations website at http://investor.imprivata.com
Protecting sensitive health information has never been more critical than it is in this era of hacking, breaching and data theft. Compounding the problem is the proliferation of mobile devices and the whirlwind of text messages, phone apps, e-mails and social media chats that have taken over electronic healthcare communications.
The 2015 winner in the category of Workflow Enhancement is Imprivata, Inc., the healthcare IT security company, based in Lexington, Massachusetts. Omar Hussain, president and CEO of Imprivata, spoke with Healthcare Informatics about the importance of provider productivity, why Imprivata’s mission is to never lose a customer, and the challenges of creating meaningful systems in an ever-changing industry.
The big push toward electronic prescribing of controlled substances hit a bump in the road this month when New York Gov. Andrew Cuomo (D) rolled back the deadline for mandatory e-prescribing in the state by one year, to March 2016.
Administrative tasks have always been a burden to health providers. In fact, according to a study by Health Affairs, administrative costs accounted for 25.3 percent of all hospital spending in the U.S. in 2014. However, until recently, physicians were able to delegate many of their administrative responsibilities to other staff members in order to focus on patient care. This is beginning to change.
There have been numerous efforts, or at least discussions, to get hospital physicians and staff to better communicate via text messages and away from widely used but somewhat antiquated pagers. But so far, it’s largely been problematic because people would use their own devices, potentially opening themselves and their hospitals up to HIPAA violations.