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4-Traders Homepage  >  Equities  >  Euronext Amsterdam  >  Wolters Kluwer    WKL   NL0000395903

WOLTERS KLUWER (WKL)
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WOLTERS KLUWER : ThedaCare Selects ProVation Medical Software for Cardiology Procedure Documentation and Coding

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03/19/2013 | 03:05pm CEST

Wolters Kluwer Health, a leading global provider of information for healthcare professionals and students, announced today that ThedaCare has selected its ProVation® Medical software for cardiology procedure documentation and coding in its cardiac catheterization labs at Appleton Medical Center and Theda Clark Medical Center.

ProVation MD Cardiology is the only dedicated procedure documentation and coding solution that improves clinical communication and efficiency within and outside the cath lab. Backed by our extensive library of medical content and driven by our unparalleled DocuDiagram feature, the system allows cardiologists to document even the most complex procedures quickly and completely. By automatically applying the appropriate reimbursement codes and disseminating critical procedural information, ProVation MD Cardiology maximizes reimbursement, reduces costs and streamlines quality reporting while improving clinical communication and care coordination.

Headquartered in Appleton, Wis., ThedaCare is a community health system consisting of five hospitals--Appleton Medical Center, New London Family Medical Center, Riverside Medical Center, Shawano Medical Center, Theda Clark Medical Center--and 22 physician locations in nine counties. With approximately 6,100 employees, ThedaCare is the third largest healthcare employer in Wisconsin. Both Appleton Medical Center and Theda Clark Medical Center are eight-time recipients of the National Research Corporation's Consumer Choice Hospital Award based on quality ratings from area consumers.

"ThedaCare consistently ranks at the top for the quality of care and positive health outcomes," said Mike Haldane, Vice President and General Manager, Clinical Documentation, Wolters Kluwer Health Clinical Solutions. "We are pleased it has selected ProVation MD for cardiology to streamline documentation and coding in its cardiac cath labs."

About ProVation Medical
ProVation® Medical provides procedure documentation and clinical decision support solutions for hospitals and Ambulatory Surgery Centers. ProVation MD and ProVation MultiCaregiver reduce transcription, paper storage and image printing costs and deliver a high Return on Investment (ROI). ProVation® Order Sets, powered by UpToDate Decision Support, and ProVation® Care Plans, powered by Lippincott's Nursing Solutions, put evidence-based healthcare into practice by establishing and maintaining standards of care.

ProVation Medical is part of Wolters Kluwer Health, a leading global provider of information, business intelligence and point-of-care solutions for the healthcare industry. Wolters Kluwer Health is part of Wolters Kluwer, a market-leading global information services company with 2012 annual revenues of ?3.6 billion ($4.6 billion).

Wolters Kluwer Health | ProVation Medical
Lori Brokaw-Brown, 317-705-7618
Senior Marketing Communications Specialist
[email protected]


© Business Wire 2013
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Financials (€)
Sales 2018 4 335 M
EBIT 2018 929 M
Net income 2018 527 M
Debt 2018 1 752 M
Yield 2018 1,74%
P/E ratio 2018 25,26
P/E ratio 2019 23,23
EV / Sales 2018 3,86x
EV / Sales 2019 3,66x
Capitalization 14 969 M
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Mean consensus HOLD
Number of Analysts 18
Average target price 45,8 €
Spread / Average Target -11%
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Managers
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Nancy McKinstry Chairman-Executive Board & Chief Executive Officer
Frans J. G. M. Cremers Chairman-Supervisory Board
Kevin B. Entricken Chief Financial Officer
Bruno Francois Jules Angelici Independent Member-Supervisory Board
Reinout Duco Hooft Graafland Vice Chairman-Supervisory Board
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