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FOR IMMEDIATE RELEASE HTX provides financing to Ontario-based PatientOrderSets.com

Order Sets Crit ical to Reducing Healthcare Costs,Expedit ing Treatment andEnsuring Quali ty of Care and Patient Safety

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For more information contact: Marcelle Mundle, Marketing and Communications Manager,mmundle@htx.ca/647-258-0381 x223

TORONTO, Ontario, Wednesday, April 20, 2011 HTX today announced it is providing $750,000in financing to PatientOrderSets.com to enable integration of their technology platform with leading

Computerized Provider Order Entry (CPOE) and Electronic Medical Record (EMR) systems. The company

currently offers a collaborative, web-based content management system that over 140 hospitals use to

manage order sets, delivered by either web or paper-based implementation. PatientOrderSets allows

hospitals and physicians to customize and deploy evidence-based order sets created through a

collaborative care-team model. The total project value is over $2 Million and will create eight high quality

jobs during development of PatientOrderSets next generation product.

Dr. Chris OConnor, a Critical Care Physician at Trillium Health Centre founded PatientOrderSets tocommercialize this needed resource in 2006 following the development of order sets in the Intensive CareUnit and subsequent expansion to all hospital departments across Trillium.

Consistent use of evidence-based order sets in healthcare institutions has been shown to dramatically

improve the quality of care and ability to manage care in a predictable, safe way while reducing medical

errors. PatientOrderSets.com allows medical specialists to capture their specialized expertise in orders for

use by all providers, while allowing departments to manage the integration of those components into their

daily orders. Lack of comprehensive, standardized physician order sets is a significant barrier to the

successful implementation of full EMRs and CPOEs within hospitals, slowing the realization of patient safety

and the quality care benefits that they enable.

In partnership with Trillium Healthcare and support from the Ontario Hospital Association, Dr O'Connor

states, "PatientOrderSets creates a mechanism for multi-disciplinary, evidence-based policy and integrates

all stakeholders during order set development, which encourages clinician buy-in and support."

"There is little question that evidence-based order sets are a critical component of a high-quality, sustainable

health system, regardless of the country. We believe the unique approach employed by PatientOrderSets,

combined with their large installed base of customers and customer-oriented delivery model, gives them a

highly differentiated offering of significant value to customers," said John Soloninka, President & CEO, HTX.

HTX is leading the way in helping ensure our best and brightest entrepreneurs get their healthcare

technologies to market, and were proud to support their great work, said Ontario Minister of Research

and Innovation, Glen Murray. The results are better healthcare and more high quality jobs for Ontario

families.

mailto:mcanido@htx.ca/mailto:mcanido@htx.ca/

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About HTXFrom Invention through to Innovation to International Invoice , HTX supports emerging and establishedOntario-based companies to develop, produce and commercialize innovative market-leading advancedhealth technologies. HTX is funded by the Government of Ontario through the Ministry of Research andInnovation. For more information about our programs and services, please visit www.htx.ca.

About PatientOrderSetsPatientOrderSets.com is a unique web-based collaborative network that allows hospitals and health careinstitutions to develop, share and deploy clinical order sets. The only collaborative order set network in theworld, PatientOrderSets.com is a platform for connecting health care experts and creating new medicalknowledge. In 2006, the Trillium order set project won the first Ministry of Health and Long Term Careaward for innovation in patient safety and quality for improvements in patient care. Based on collaborationfrom health care experts from across Trillium, Dr. Chris OConnor saw an opportunity to expand thiscollaboration across other healthcare institutions and PatientOrderSets.com was created.

http://www.htx.ca/http://www.htx.ca/