MetricStream, Inc.

Amedisys Selects MetricStream for Integrated Enterprise-wide GRC

Solution suite to provide a common technology infrastructure for Policy, Compliance, Risk, SOX, Internal Audits and IT Governance programs for the healthcare leader

 

Palo Alto, CA -- (SBWIRE) -- 11/18/2009 -- MetricStream, Inc. (“MetricStream”), the market leader in the enterprise-wide Governance, Risk and Compliance (“GRC”) solutions, today announced that Amedisys, Inc. (NASDAQ: "AMED" “Amedisys”) has selected MetricStream for an integrated enterprise-wide GRC platform and solution suite for managing its risk and compliance efforts.

Headquartered in Baton Rouge, Louisiana, Amedisys is one of America's leading home health and hospice nursing companies, operating 508 Medicare-certified home health agencies and 61 Medicare-certified hospice agencies in 38 states within the United States, the District of Columbia and Puerto Rico as of September 30, 2009.

Increasing regulatory mandates and oversight in the healthcare industry is compelling companies to streamline and synergize processes related to policy and procedure management, compliance management, risk management, internal audits, quality of services and operations, incident tracking, corrective action plans and regulatory reporting. By adopting MetricStream as the technology infrastructure, Amedisys will be able to continue to automate the reporting of its risk and compliance information.

“We wanted to further automate the accumulation and reporting of information by our risk and compliance groups and we believe that MetricStream best meets our needs,” said Collin McQuiddy, Vice President of Enterprise Risk Management at Amedisys.

“We are pleased to have Amedisys as a customer and look forward to working with them towards their goal of bringing additional automation to their risk and compliance efforts,” said Gaurav Kapoor, CFO and General Management at MetricStream. “The selection by Amedisys of MetricStream illustrates our continued leadership in GRC and the compelling value we deliver for healthcare companies.”

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (“GRC”) and Quality Solutions for global corporations. MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, BP, Subway, Fairchild Semiconductor, Hitachi and TaylorMade-Adidas Golf in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.