FOR IMMEDIATE RELEASE
William J. Venus, Managing Director
CORA™ signs agreement with Renal Advantage Inc.
N. Amityville, N.Y.; July 11, 2006 – Clinical Outcomes Resource Application (CORA), a web based clinical data collection and reporting company, announced today the completion of a signed Data Use Agreement with Brentwood, TN based Renal Advantage Inc., the nation’s fourth largest outpatient dialysis provider.
CORA launched its web-based dialysis reporting service to the independent renal community in late 2005. Independent dialysis providers who submit data to CORA will be provided online 24-7 access to clinical tools and reports necessary to measure, benchmark, and drive quality improvement efforts. Since the launch, CORA has signed agreements with independent dialysis providers representing over 260 sites providing care to over 20,000 ESRD patients.
"CORA’s unique reporting capabilities will further augment RAI’s theme of center-centric decision making in providing the best quality of care for our patients," said Karl Kokko, Chief Information Officer, RAI.
“Even dialysis providers with integrated clinical software systems are finding CORA valuable in helping achieve their goal of delivering high quality ESRD care every day,” said Michael Lawlor, Executive VP of CORA. “We’re proud to support RAI’s commitment to exceptional patient care.”
Renal Advantage Inc. (RAI), based in Brentwood, Tennessee, provides dialysis services to patients with chronic kidney failure, also known as end-stage renal disease (ESRD). Renal Advantage provides services to approximately 7,400 patients in 80 dialysis facilities in ten states. In addition, Renal Advantage currently manages RenaLab, an independent clinical laboratory located in Jackson, Mississippi, with administrative offices in Nashville, and expects to close on its previously announced acquisition of the laboratory by year-end. Founded by veteran healthcare executives, the Company’s growth plan began with its acquisition of 73 dialysis centers in October 2005, which was financed in partnership with Welsh, Carson, Anderson, & Stowe.
Clinical Outcomes Resource Application (CORA) is a web-based clinical data collection & reporting company uniquely positioned to offer independent renal providers clinical performance assessments and benchmarking information to improve patient outcomes. CORA’s database contains de-identified clinical information in key areas specific to renal disease, including adequacy, anemia, bone disease, nutrition and vascular access information. CORA’s real time reporting capability enables providers to quickly drill down to patient level outliers with customized messages for medication changes; benchmarks individual outcomes against regional and national statistics provides clinical performance analysis via a “scorecard”; and serves as a repository for customizing and monitoring clinical protocols.