Medexonline helps health care companies substantially save on e-business costs

London 02 March 2001Medexonline, an e-health technology company for the European health care industry, has launched a complete suite of hosted Web-based solutions and services that will allow health care companies to fast-track their e-business strategies while making potential costs savings of as much as 50-70 percent on normal technology costs, according to the Gartner Group.

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Both health care and pharmaceutical companies benefit from substantially reduced set-up and maintenance costs, compressed time to market, and the ability to outsource costly and time-consuming operations, in order to free up staff to focus on opportunities that directly impact their companies' core business. This is particularly significant for the health care industry, where investment in technology has forced companies to play catch-up in an increasingly competitive environment.

Cost savings of as much as 50-70 percent have been demonstrated in other industry sectors and are made possible by delivering these products on an application service provider (ASP) basis, where companies only pay for the functionality that they use for the time in which they actually need it.

Medexonline's ASP range of products includes bespoke customer solutions and services covering e-procurement, e-commerce, integration, connectivity, content and community that can be applied to corporate, brand or product strategies. The first products to be released are Medexonline's e-Business Centres, including Direct, Dynamic, and Signature. Each e-Business Centre is designed to meet the needs of organisations with varying levels of e-business experience, providing flexible, cost-effective, and fast-to-deploy solutions.

Medexonline is pioneering the e-health revolution in Europe with its ASP and marketplace applications through a powerful combination of in-depth health care industry experience, cutting-edge technological development, and strategic alliances with leading companies including Microsoft and KPMG Consulting.

As Sean Flanagan, Chairman and CEO of Medexonline stated: "Health care organisations are waking up to the fact that the most efficient and cost-effective way to support IT requirements is by seeking professional as well as reliable outsourcing and application hosting partners, who understand the specific needs of the health industry. Medexonline's e-business solutions and services are new and exciting products which will allow companies to maximise the effectiveness of e-commerce, not only increasing revenues but, more importantly, raising efficiency, improving communication, streamlining processes, and driving down costs to maximise profitability."


Leslie Versweyveld

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