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Psyche Systems Corporation Forms Strategic Alliance with CompuGroup Medical US (CGM) to Provide Integrated LIS and Billing Solutions

Milford, MA, (October 28, 2016) – Psyche Systems Corporation and CompuGroup Medical US (CGM) have formed a strategic alliance which offers laboratories the ability to have seamlessly integrated solutions and workflow for clinical, anatomic pathology, molecular, toxicology, microbiology and billing applications.

Psyche’s laboratory information systems provide a unified platform and database while addressing the specific workflow, testing intricacies, tracking and complex reporting requirements that are unique to molecular, toxicology and drug management, and pathology. Our approach to solution development ensures that labs get the process and output that is the most efficient, productive, and profitable to them while supporting their clients’ ability to provide the best possible patient care and outcomes.

CompuGroup Medical US (CGM), developer of CGM LABDAQ®, the #1 installed LIS in the U.S., recently announced the release of its latest laboratory information system (LIS) solution, CGM LABDAQ® TELEIOS™. CGM US leveraged its decades of experience to produce this cutting edge laboratory information system built using the latest technologies on a modern platform. CGM LABDAQ TELEIOS empowers labs of all sizes to optimize revenue and improve customer retention by increasing efficiency, streamlining workflow, reducing turnaround times and promoting patient safety.

Together, Psyche Systems and CGM will provide laboratories with the ability to have an end-to-end solution for all types of labs that is both seamlessly integrated and best-of-breed. This will allow facilities of all sizes and types the 360 degree view of the patient along with all test, clinical and reflexed results to ensure a truly patient-centric diagnosis and treatment plan.

Carl Smith, General Manager of CompuGroup Medical‘s North America Lab Division, shared his excitement about the partnership, stating, “the CGM LABDAQ team is excited about what this partnership means not only for CGM LABDAQ clients specifically, but also for the laboratory space in general. CGM is committed to providing its clients with solutions that meet their needs. We also recognize that to do so, we must sometimes align with other vendors who can help to streamline their processes. Psyche is one of these vendors. With this partnership, CGM can offer our customers an integrated solution that encompasses all of the lab’s clinical and operational needs, while maintaining our top priority of serving the customer and ensuring patient safety and satisfaction.”

“We know that many labs struggle with the war between the ease and integration of a single vendor solution and the ability to have applications that truly support the testing complexities and workflow of the individual labs. As such, we are always looking for ways to provide business improvements and better ROI to our customers through expanding technology and automation.” says Lisa-Jean Clifford, CEO of Psyche Systems. “We are excited to be able to provide an alliance with CGM which will help increase the breadth of reach across testing types while providing the ease of working with tightly integrated solutions and vendors who are committed to streamlining the process of working together for the customer.”

About Psyche Systems Corporation

Psyche Systems Corporation is a private, profit-driven software company that has focused exclusively on delivering laboratory information software to hospitals, clinics, reference and private labs since 1976. It is this unwavering focus on serving our core customer base that has enabled Psyche to maintain strong customer loyalty and deliver on our commitment to high quality products and services. Psyche Systems’ laboratory information software are best-of-breed products designed to meet the specific needs of anatomic pathology, cytology, histology, dermatopathology, GI, clinical, toxicology, microbiology and molecular laboratories. We at Psyche work closely with our customer base during product development to ensure we are delivering the highest quality products and services at a competitive price.

For more information, visit www.psychesystems.com.

About CompuGroup Medical SE

CompuGroup Medical is one of the leading eHealth companies in the world. With a revenue base of more than EUR 500 million, its software products are designed to support all medical and organizational activities in doctors’ offices, pharmacies, laboratories and hospitals. Its information services for all parties involved in the healthcare system and its web-based personal health records contribute towards safer and more efficient healthcare.  CompuGroup Medical’s services are based on a unique customer base of approximately 400,000 doctors, dentists, pharmacists and other service providers in inpatient and outpatient facilities. With locations in 19 countries and products in more than 40 countries worldwide, CompuGroup Medical is the eHealth company with one of the highest coverage among eHealth service providers. Approximately 4,300 highly qualified employees support customers with innovative solutions for the steadily growing demands of the healthcare system.

For more information, visit https://cgm.com/us.