iCONECT Partners with Lockheed Martin to Reduce Healthcare Costs through Application Decommissioning

Feb 10, 2016, 13:50 ET from iCONECT Development, LLC

HENDERSON, Nev., Feb. 10, 2016 /PRNewswire/ -- iCONECT, developers of the award winning, visually rich and intuitively simple XERA e-discovery software, announced today that it is establishing a partnership with Lockheed Martin's Information Systems & Global Solutions to address application decommissioning needs in the U.S. commercial healthcare industry, consolidate silos of legacy electronic medical records (EMR), and reduce the cost of preserving and accessing these records.

The healthcare industry has been investing in information technology for decades.  And those investments have increased with the widespread adoption of electronic medical record systems.  In some hospitals and hospital networks, replacement of first-generation EMRs with second-generation EMRs is taking place.  These investments have resulted in hospitals implementing applications whose functionality supersedes that of the legacy applications yet they continue to maintain those legacy applications.  While hospital leaders are working hard to make life easier and patient data more complete for clinicians, maintenance costs and access to legacy applications are making those goals difficult to achieve. 

Lockheed Martin's proven approach to large-scale data migration reduces costs by moving records and documents from multiple legacy applications to a low cost, secure and scalable repository. By using Lockheed Martin's customized tool set to efficiently move the information to a XERA|Application Decommissioning (XERA|AD) archive, the legacy applications can be "retired" and their related software and hardware maintenance and support costs eliminated.

"With XERA|AD, clinicians can view patient information that was previously only available through the legacy applications, hospitals can rest assured that their security and compliance obligations are enforced, and CIOs can retire risk prone costly legacy applications," said Joe Stewart, iCONECT SVP Healthcare. "The flexibility of hosting a central point of access to the legacy data behind the hospital firewall or in a secure cloud environment both lowers risk and has a positive impact on healthcare workflows."

"We offer a comprehensive solution for the migration and archiving of historical Protected Health Information (PHI) that features data integrity, world-class scalability, high performance and streamlined, secure data access, which allows our customers to quickly free-up budget dollars to allocate to other priorities," said Scott Gray, vice president of information technology and security solutions for Lockheed Martin's Information Systems & Global Solutions.

Throughout the past decade, iCONECT and Lockheed Martin have migrated data from over 5,000 individual applications including transactional, archive, imaging, e-mail and enterprise content management systems spanning multiple platforms, including mainframes.  Today, using iCONECT software, Lockheed Martin securely hosts over 15 billion records and over 1.2 PB of migrated data. Leveraging their experience, the two companies will collaborate on market development and new solutions tailored to the unique requirements of the US Healthcare market.

ABOUT iCONECT Inc.
 
iCONECT is a leading provider of Document and Data Management Solutions for Enterprise Applications in Healthcare with technology based on iCONECT's market leading state-of-the-art document review software and hosted solutions.  Founded in 1999, iCONECT has become one of the world's most recognizable and respected providers of document review software with a best-in-class reputation.  iCONECT analytics is powered by CAAT technology, a world leader in analytics. iCONECT was most recently honored  by CIO Review as one of the Top 20 Most Promising eDiscovery Technology Solution Providers in 2016 and in 2015 by LegalTech News as a Top 4 Best E-Discovery Platform.

Media Contacts:
Kirsten Brandt
Marketing Administrator
iCONECT Inc.
t. 1-855-915-8888
e. marketing@iCONECT.com

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SOURCE iCONECT Development, LLC



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