Press Releases

Picis CEO to Lend HIT Expertise at Key Industry Event

Todd Cozzens joins ACG Boston panel of leading healthcare and financial industry experts; Offers perspective on ARRA, technology and hospital trends

WAKEFIELD, Mass. — Nov. 12, 2009 — Picis announced today that CEO and Vice Chairman Todd Cozzens will participate in a panel discussion of leading healthcare and financial experts at this year’s ACG Boston's 2009 Fall Conference & Private Company Showcase, Nov. 17, in Boston, Mass. The event, which will feature a keynote by John D. Halamka, CIO of Beth Israel Deaconess Medical Center & Harvard Medical School, is expected to attract approximately 400 professionals from the healthcare IT (HIT) investment banking, private equity/venture capital, and legal communities.

The ACG Boston HIT panel — comprised of executive leaders from Picis, Goldman Sachs, athenahealth, Inc. and Flexpoint Ford, and moderated by Scott Kirsner, writer and editor at Boston.com —  will discuss key financing and mergers and acquisitions (M&A) trends in the healthcare market. As the panel’s HIT expert, Cozzens will provide perspective on technology’s role in transforming the healthcare industry, adoption trends and how the American Recovery and Reinvestment Act (ARRA) reimbursement money is likely to drive spending on technology. Following the panel, Cozzens will also lead a presentation on Picis at the Private Company Showcase, which features presentations from select CEOs of leading private HIT companies.

WHEN:
Tuesday, Nov. 17, 1:00-4:30 PM ET
Healthcare IT Panel begins at 1:45 PM ET
WHERE:
The Seaport World Trade Center
Boston, Mass.

About Todd Cozzens
Cozzens, who co-founded Picis in 1994, has more than 23 years of experience in the healthcare technology and information systems industry. It was Cozzens’ original strategic vision of information systems for the high-acuity care areas of hospitals that drove the company’s growth trajectory over 1,500% since 2001. Prior to Picis, he served as the president of a division of Marquette Medical Systems (now GE Healthcare) and held several other senior management positions, including vice president of sales, from 1983 to 1995. Cozzens is a graduate of Marquette University and the Harvard Business School Executive Program for Management Development. He was named Entrepreneur of the Year by Ernst & Young in 2005 and was a four-time member of the U.S. Olympic Sailing Team. Cozzens is vice chairman and a director of the company’s board of directors.

About Picis
Picis is a global provider of innovative information solutions that enable rapid and sustained delivery of clinical, financial and operational results in the acute care areas of the hospital. These high-acuity areas include the emergency department, operating and recovery rooms, and intensive care units. Picis offers the most advanced suite of integrated products focused on these life-critical areas of the hospital where the patients are the most vulnerable, the care process is the most complex and an increasing majority of hospital costs and potential revenue are concentrated. Headquartered in Wakefield, Massachusetts, Picis has licensed systems for use in more than 1,700 hospitals in 19 countries. More information is available at www.picis.com.

© 2009 Picis, Inc. All rights reserved. Picis may be a trademark or registered trademark of Picis, Inc. in the United States and/or other countries. All other trademarks mentioned herein are the properties of their respective owners. This press release contains express or implied forward-looking statements relating to, among other things, Picis’ expectations concerning the functionality and market acceptance of its products, and management’s plans, objectives and strategies. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond Picis’ control, which could cause actual results to differ materially from those contemplated in these forward-looking statements.