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News Release [PDF]

Contact:
Mr. Robin Young, PearlDiver Technologies – robin@ryortho.com
Mr. Robert Young, PearlDiver Technologies – rob@pearldiverinc.com
260.469.4161

PearlDiver Adds Medicare Data to Comprehensive Analytical Tools

Searchable Database Expected to Reach 500 Million Records by End of 2009

FORT WAYNE, Ind. (April 27, 2009) – PearlDiver Technologies Inc. is pleased to announce the initial integration of Medicare data into the company’s industry-best database. The inclusion of this data is consistent with PearlDiver’s continuing effort to improve healthcare data analysis to drive better and more cost-effective patient care.

PearlDiver’s team of in-house analysts now have the ability to pose and respond to healthcare policy questions as well as issues related to the quality and cost of patient care over time. This body of work supports the growing discussion around comparative effectiveness in healthcare.

Established in late 2006 and based in Fort Wayne (with additional facilities in Colorado Springs, Philadelphia and Washington, D.C.), PearlDiver is a leading medical informatics company. The company has built what is believed to be the largest, fully HIPAA-compliant, publicly available and searchable database of patient records in the country. With the addition of the most current Medicare Provider Analysis and Review (MedPAR) records, PearlDiver’s database contains more than 145 million deidentified patient records. Plans call for the database to consist of approximately 500 million patient records by the end of 2009.

“We have the tools, the expertise and the desire to continue to look at healthcare data in entirely new and meaningful ways,” said Robin Young, co-founder and CEO of PearlDiver. “Our volume of data continues to grow, as does the list of entities with whom we are partnering to serve our expanding client base. We will continue to position our organization to anticipate and respond to the needs of our clients, while at the same time participating in the national discourse on comparative effectiveness.”

About PearlDiver Technologies
PearlDiver Technologies Inc. aggregates medical information from a wide variety of sources including: private and public payors, hospitals, surgery centers and specialty physician practices, PubMed, manufacturers and others to create a seamless and timely flow of searchable intelligence about medical products in the marketplace, patient outcomes, adverse events, procedure charges, and comparative effectiveness for a wide variety of patient populations.

We organize and cross-reference data from many sources in order to create valuable longitudinal patient, product and market tracking data. Our customers are surgeons, hospital administrators, product manufacturers, analysts, regulators and other key healthcare constituencies. PearlDiver’s data and data tools are available by subscription, through our consulting or Strategic Advisory services, and, to a certain extent, for free, at www.pearldiverinc.com.

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