Sikka Software's cloud-based practice optimization platform transforms retail healthcare industry

Retail healthcare is a $220 billion industry, representing over 2.1 million providers and 400 million patients in just 5 markets of US, UK, Canada, Australia and New Zealand. Sikka Software, a leading innovator in business intelligence software for the retail healthcare industry, today announced its cloud-based practice optimization platform is helping practices increase revenue and profitability by leveraging key information from existing customer data.

There are over 400 combinations of practice management and financial systems used by these 2.1 million providers in dental, veterinary, audiology and optometry practices. The Sikka platform connects with all 400 combinations and uploads the data securely into the cloud exposing an application programming interface (API) layer that lets anyone build apps on Sikka Platform Cloud™:

• The Practice Optimizer^® Company: Sikka Software apps work with existing practice management systems to display key business information in an actionable format, providing profitability, visibility and an opportunity to increase efficiency and focus on patient care.
• Sikka Platform Cloud: Integrates seamlessly with over 96 percent of practice management system and financial system combinations in dental, veterinary, audiology and optometry markets. Using the secure, cloud-based Sikka API, 28 partner apps and four Sikka apps have been made available to date, ranging from patient communications, revenue cycle, patient financing, insurance claims, ordering, food and hygiene, benefits analysis, business intelligence, shipping and more. Many Fortune 500 companies have developed and used partner apps leveraging Sikka API.
• Data Trends: Sikka compiles opt-in data from its ecosystem that is HIPAA and HITECH compliant and has become a rich resource for real-time rollups and summaries data drawn across its targeted industries.

Vijay Sikka, CEO and founder of Sikka Software, said:

"In recent years, non-hospital and non-physician healthcare providers are turning to business intelligence and data analytics to optimize their practices. Processing over 1.5B transactions every day, the Sikka Platform Cloud enables the retail healthcare provider, their teams, and patients to use dozens of best-in-class apps to enhance and improve their practice securely and from any device, anywhere."

Dr. Kamran Sahabi, California Dental Group, said: "We manage seven practices throughout the Los Angeles area and found ourselves spending too much time on administrative duties – time that would be better spent with patients. By providing us with daily reporting and data mining abilities, Sikka's Platform Cloud and its associated apps have helped both the clinical and business aspects of our practice, providing us with an advantage in today's highly competitive healthcare market."