To visit the HIUG website, click on
www.pshealthcareiug.com
Healthcare Group Supports
PeopleSoft
Estimates
Tremendous Costs and Disruption to Healthcare;
Applauds Board Decision to Reject
Increased Offer
OKLAHOMA CITY--(BUSINESS WIRE)--June 20, 2003--The Healthcare Industry User
Group (HIUG), an independent organization, with representation from healthcare
organizations from across the nation, supports and commends the PeopleSoft
(Nasdaq: PSFT)
Board of Directors for rejecting Oracle's most recent hostile takeover offer.
The action demonstrates PeopleSoft's continued commitment to its healthcare
customer base.
"Their offer to help us migrate our applications to a different suite is
anything but reassuring," stated Akbar Sultan, HIUG Chairperson. "At a
time when 44 million Americans remain uninsured and the economy is in a
downturn, healthcare institutions have a responsibility to use their resources
wisely. Investing millions of dollars migrating to an ERP solution that most of
us did not choose in the first place is clearly not in our best interest. In
addition to the monetary investment, the training time for staff would pose a
real threat of placing our core business processes at risk."
The HIUG represents 370+ Healthcare organizations comprised of over 4500
healthcare facilities and 3.5 million employees. Organizations include the Lahey
Clinic, in Burlington, Mass., The University of Texas Medical Branch in
Galveston, Texas and Health First in Rockledge, Fla.
More information on HIUG can be found at www.pshealthcareiug.com.
Contacts:
Integris Health, Inc
Oklahoma City
Akbar Sultan
405-949-3863