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Allied Healthcare International Inc. Announces Changes to Its Board of Directors

Posted on August 19, 2010 Written by Annalyn Frame

SOURCE: Allied Healthcare International Inc.

NEW YORK, NY–(Marketwire – August 19, 2010) –  Allied Healthcare International Inc. (NASDAQ: AHCI) (AIM: AHI), a leading provider of flexible healthcare staffing services in the United Kingdom, announced today that G. Richard Green has tendered his resignation as a member of the Company’s Board of Directors for personal reasons, effective August 21, 2010. Mr. Green has been a director of Allied since 1998 and recently served on the Nominating and Corporate Governance Committee of the Board.

The Company also announced that Professor Raymond John Playford has been appointed to the Board of Directors of Allied, effective August 21, 2010. Prof. Playford, age 50, has served as Medical Advisor to the Board of Allied since June 2010.

Dr. Jeffrey S. Peris, Chairman of the Board of Allied Healthcare International Inc., commented, “Richard has served with distinction on our Board. His intellect, depth of business knowledge and leadership experience have contributed greatly to Allied’s growth and success throughout his long tenure as our director. On behalf of the entire Board, senior management team and employees of Allied, we want to wish Richard years of health and happiness.”

Dr. Peris also stated, “Ray has already made many valuable contributions since he joined us as Medical Advisor, and we welcome him to the Board to further assist us in augmenting the growth strategies of our Company. His wealth of clinical, healthcare and NHS expertise will both support our commitment to providing our customers with one of the highest levels of quality care in our industry and to enhancing the market leadership of Allied.”

Prof. Playford has more than 25 years of experience in the medical field, specializing in clinical research. He is currently Deputy Warden and Professor of Medicine at Barts and the London School of Medicine and Dentistry, as well as Vice Principal (NHS Liaison), Queen Mary, University of London. Prof. Playford is also a Non-Executive Director of Barking, Havering and Redbridge NHS Trust and a director of Repair and Protection Foods Ltd., which is engaged in food research. He has also been an advisor to both the UK Government and the healthcare industry.

Prof. Playford received a Medical degree (M.B., B.S.) in 1978 from St. Bartholomew’s Medical School and his PhD in 1992 from the Royal Postgraduate Medical School at Imperial College, London. He is a Fellow of the Royal College of Physicians (UK) and the Royal College of Pathologists (UK) and was Visiting Professor, Harvard Medical School and Massachusetts General Hospital in 2002. He has published over 100 original scientific and clinical papers and received several awards for research including the British Society of Gastroenterology (BSG) Sir Francis Avery Jones Research Medal in 1995 and Canadian Alberta Heritage Foundation for Medical Research in 2004. He was made a Fellow of the Academy of Medical Scientists in 2002 and, as a result of his contribution to public education on health matters, became a Fellow of the Royal Society of Arts in 2000.

There are no further disclosures regarding Prof. Playford that are required to be set forth in this press release under the AIM rules.

About Allied Healthcare International Inc.

Allied Healthcare International Inc. is a leading provider of flexible healthcare staffing services in the United Kingdom. Allied operates a community-based network of approximately 115 branches with the capacity to provide carers (known as home health aides in the U.S.), nurses, and specialized medical personnel to locations covering approximately 90% of the U.K. population. Allied meets the needs of private patients, community care, nursing and care homes, and hospitals. For more news and information please visit: www.alliedhealthcare.com.

Forward-Looking Statements

Certain statements contained in this news release may be forward-looking statements. These forward-looking statements are based on current expectations and projections about future events. Actual results could differ materially from those discussed in, or implied by, these forward-looking statements. Factors that could cause actual results to differ from those implied by the forward-looking statements include: general economic and market conditions; the effect of the change in the U.K. government and the impact of proposed changes in recent policy making related to health and social care that may reduce revenue and profitability; Allied’s ability to continue to recruit and retain flexible healthcare staff; Allied’s ability to enter into contracts with local government social services departments, NHS Trusts, hospitals, other healthcare facility clients and private clients on terms attractive to Allied; the general level of demand for healthcare and social care; dependence on the proper functioning of Allied’s information systems; the effect of existing or future government regulation of the healthcare and social care industry, and Allied’s ability to comply with these regulations; the impact of medical malpractice and other claims asserted against Allied; the effect of regulatory change that may apply to Allied and that may increase costs and reduce revenues and profitability; Allied’s ability to use net operating loss carry forwards to offset net income; the effect that fluctuations in foreign currency exchange rates may have on our dollar-denominated results of operations; and the impairment of goodwill, of which Allied has a substantial amount on the balance sheet, may have the effect of decreasing earnings or increasing losses. Other factors that could cause actual results to differ from those implied by the forward-looking statements in this press release include those described in Allied’s most recently filed SEC documents, such as its most recent annual report on Form 10-K, all quarterly reports on Form 10-Q and any current reports on Form 8-K filed since the date of the last Form 10-K. Allied undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. 

CONTACT

Allied Healthcare International Inc.
Sandy Young
Chief Executive Officer
Paul Weston
Chief Financial Officer
+44 (0) 17 8581 0600

Or

Piper Jaffray Ltd. (Nominated Adviser)
Matthew Flower
Rupert Winckler
+44 (0) 20 3142 8700

Or

ICR Inc.
Sherry Bertner
Managing Director
+1 646 277 1200
[email protected]

Filed Under: Medical And Healthcare

WesternU Capital Campaign Surpasses $35-Million Goal

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: Western University of Health Sciences

POMONA, CA–(Marketwire – August 18, 2010) –  Western University of Health Sciences has surpassed its Capital Campaign goal of $35 million, but the work is far from over.

“We are very grateful for the support we have received for the Capital Campaign and, by extension, for our goal of building one of the most comprehensive academic health science centers in the nation,” said WesternU President Philip Pumerantz, PhD. “We also know that we must continue to build partnerships and raise awareness of our innovative programs, world-class facilities and skilled faculty and students.”

The Capital Campaign had a six-year goal of raising $35 million by WesternU’s 35th anniversary in 2012, which was reached with two years to spare. The campaign has raised $36.5 million from about 1,600 donors as of July 2010. About $27 million has already been received, with the balance pledges to be paid before June 2012.

“This is real money that is in,” said Thomas Fox, PhD, Senior Vice President for Advancement. “Now we’ll see how far we can go.”

The Capital Campaign Case Statement set fundraising goals for specific categories, including $12.5 million for infrastructure, $8.75 million for student support and $7 million for faculty support. In the next two years, University Advancement will continue to raise money and ensure fundraising goals for each category are met, Fox said.

“Student scholarships are important. As we continue to emerge as a research organization, faculty support will be important,” he said. “With the Patient Care Center, health care strategy is another one we will look for as well.”

The Capital Campaign has reached out to new donors large and small. The $100 million campus expansion has helped raise interest in the Capital Campaign and provides many naming opportunities. The start of four new colleges in the past year allowed WesternU to tap into new prospects, Fox said.

“It is important to add donors,” he said. “We’re adding people who have never given to the university before. The message is getting out there.”

Contact:
Rodney Tanaka
Office: (909) 469-5402
E-mail: [email protected]

Filed Under: Medical And Healthcare

Xact Data Discovery Achieves HIPAA Certified Business Agent Status

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: Xact Data Discovery

KANSAS CITY, MO–(Marketwire – August 18, 2010) –  Xact Data Discovery (XDD) is excited to announce the completion of HIPAA certification in its national offices. The Health Insurance Portability and Accountability Act (HIPAA) of 1996 was enacted to ensure that individuals would be able to maintain their health insurance between jobs as well as to ensure the security and confidentiality of patient information/data.

Xact Data Discovery’s HIPAA certification process included development of new policies surrounding the handling of client information. As a Business Associate, XDD is compliant with the regulations in all areas of HIPAA and will conduct annual risk assessments as well as associate training to ensure that all electronic personal health information (EPHI) and personal health information (PHI) is protected. XDD’s Director of Human Resources, Katie Ervin will administer the program. Ervin has nearly 13 years experience working with HIPAA achieving certification as a Certified HIPAA Professional (CHP).

“While we have always protected all information we process for clients, this certification just takes it to a higher level,” said Robert Polus, President and CEO of XDD. “We take the extra steps above and beyond to be sure we are compliant. This allows us to work with those covered entities that must follow HIPAA such as hospitals, insurance carriers, and pharmacies to name a few.”

Xact Data Discovery is a national Data Discovery and Management company that provides streamlined Forensic, Electronic Discovery, Data Hosting, Data Management, Imaging/Coding and Paper Discovery Services to law firms, corporations and government agencies. At Xact Data Discovery, communication is everything — because clients need to know where their data is throughout the entire process, as well as understand the valuable information and knowledge they can attain from it.

Via a personable “human-interface” approach, Xact Data Discovery streamlines the complex communication process between people, technology and data by orchestrating proactive, clear, consistent and relentless communication throughout all project phases. Xact Data Discovery helps clients and their customers find, produce, use and understand information crucial to their organizations.

Filed Under: Facilities And Providers

Sun Healthcare Group, Inc. Announces Exercise of Over-Allotment Option and Closing of Public Offering of Common Stock

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: Sun Healthcare Group, Inc.

IRVINE, CA–(Marketwire – August 18, 2010) –  Sun Healthcare Group, Inc. (NASDAQ: SUNH) today announced the closing of its previously announced underwritten public offering of 26,750,000 shares of its common stock, as well as the closing of the underwriters’ over-allotment option to purchase an additional 4,012,500 shares of common stock. The net proceeds of the offering, after giving effect to the issuance and sale of all 30,762,500 shares of common stock at a price to the public of $7.75 per share, were approximately $224.8 million after deducting the underwriting discount and estimated offering expenses. Sun intends to use the net proceeds from the offering to repay a portion of the outstanding term loans under its existing credit facility.

Richard K. Matros, Sun’s chairman and chief executive officer, commented, “We are pleased with the response to the equity offering, which provides us the ability to pay down a significant portion of our indebtedness. Following the success of this offering, we are looking forward to completion of the proposed separation of our operating businesses and our real estate assets.”

This press release does not constitute an offer to sell or a solicitation of any offer to buy the shares of Sun’s common stock described herein, nor shall there be any offer, solicitation or sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.

The prospectus supplement and the related prospectus relating to the offering may be obtained by written request to Jefferies & Company, Inc., Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 12th Floor, New York, NY 10022; by telephone at (877) 547-6340; or by e-mail at [email protected]; or Credit Suisse Securities (USA) LLC, Attention: Credit Suisse Prospectus Department, One Madison Avenue, New York, NY 10010 or by telephone at (800) 221-1037.

About Sun Healthcare Group, Inc.

Sun Healthcare Group, Inc.’s (NASDAQ: SUNH) subsidiaries provide nursing, rehabilitative and related specialty healthcare services principally to the senior population in the United States. Sun’s core business is providing, through its subsidiaries, inpatient services, primarily through 166 skilled nursing centers, 16 combined skilled nursing, assisted and independent living centers, 10 assisted living centers, two independent living centers and eight mental health centers. On a consolidated basis, Sun has annual revenues of $1.9 billion and approximately 30,000 employees in 46 states. At June 30, 2010, SunBridge centers had 23,209 licensed beds located in 25 states, of which 22,427 were available for occupancy. Sun also provides rehabilitation therapy services to affiliated and non-affiliated centers through its SunDance subsidiary, medical staffing services through its CareerStaff Unlimited subsidiary and hospice services through its SolAmor subsidiary. 

Forward-Looking Statements

Statements made in this release that are not historical facts are “forward-looking” statements (as defined in the Private Securities Litigation Reform Act of 1995) that involve risks and uncertainties and are subject to change at any time. These forward-looking statements may include, but are not limited to, statements containing words such as “anticipate,” “believe,” “plan,” “estimate,” “expect,” “hope,” “intend,” “may” and similar expressions. Factors that could cause actual results to differ are identified in the public filings made by the Company with the Securities and Exchange Commission and include our ability to complete the separation of our operating businesses and our real estate assets. More information on factors that could affect our business and financial results are included in our public filings made with the Securities and Exchange Commission, including our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, copies of which are available on Sun’s web site, www.sunh.com. The forward-looking statements involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond our control. We caution investors that any forward-looking statements made by Sun are not guarantees of future performance. We disclaim any obligation to update any such factors or to announce publicly the results of any revisions to any of the forward-looking statements to reflect future events or developments.

Contact:
Investor Inquiries
(505) 468-2341

Media Inquiries
(505) 468-4582

Filed Under: Facilities And Providers

Alpha Kappa Alpha Sorority Joins the American Diabetes Association’s Movement to Stop Diabetes(R)

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: American Diabetes Association

ALEXANDRIA, VA–(Marketwire – August 18, 2010) –  Alpha Kappa Alpha Sorority (AKA) is joining forces with the American Diabetes Association‘s African American Initiatives — known as Live EMPOWERED — to stop diabetes in the African American Community. The collaboration is driven by the reality that African Americans are greatly affected by diabetes; they are 1.8 times more likely to have type 2 diabetes than non-Latino whites. 

To combat this epidemic, beginning in the spring of 2011, the AKAs will designate 10 undergraduate chapters at Historically Black Colleges and Universities to lead diabetes workshops and activities. Through this initiative, the Sorority hopes to spread the message about how to prevent diabetes and provide tools to assist those with diabetes to live a productive life with this disease. In announcing the partnership, AKA’s newly installed international president Attorney Carolyn House Stewart stated, “Alpha Kappa Alpha Sorority’s goal is to help our community recognize the risks of this disease, its many complications and treatment options. We will host forums that will heighten awareness and offer prevention strategies to help eliminate this deadly disease that shortens lives and impacts the quality of life of many African Americans of all ages.” 

AKA and the American Diabetes Association share common priorities and interests in reaching African Americans, students and other key constituents with important awareness messaging relating to diabetes, including risk factors, prevention strategies, warning signs, and management of the disease.

Both organizations have unique competencies to address these issues and believe that there will be a greater opportunity to promote mutual goals through multiple communications channels. This collaboration is especially significant, because African-American women are at a greater risk for the number one complication of diabetes: heart disease.

“By getting this powerful group of women to join us in our movement to Stop Diabetes, we have the potential to change many lives and communities,” said Earnestine Walker, Director of Community Outreach at the American Diabetes Association.

About Alpha Kappa Alpha Sorority:
Founded in 1908, on the campus of Howard University in Washington, DC, Alpha Kappa Alpha (AKA) is the oldest Greek-lettered organization established by African-American college-educated women. AKA’s membership is comprised of 260,000 distinguished women in graduate and undergraduate chapters in the United States and abroad who boast excellent academic records, proven leadership skills, and who are involved in the global community through advocacy and service. Attorney Carolyn House Stewart is the 28th International President and will serve from 2010 – 2014. Her administration’s theme is “Global Leadership Through Timeless Service.”

About the American Diabetes Association:
The American Diabetes Association is leading the fight to stop diabetes and its deadly consequences and fighting for those affected by diabetes. The Association funds research to prevent, cure and manage diabetes; delivers services to hundreds of communities; provides objective and credible information; and gives voice to those denied their rights because of diabetes. Founded in 1940, our mission is to prevent and cure diabetes and to improve the lives of all people affected by diabetes. For more information please call the American Diabetes Association at 1-800-DIABETES (1-800-342-2383) or visit www.diabetes.org. Information from both these sources is available in English and Spanish.

Contacts:
Colleen Fogarty
American Diabetes Association
703-549-1500, ext. 2146

Melody McDowell
Alpha Kappa Alpha Sorority
773 660 2001

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Filed Under: Facilities And Providers

NCSBN Raises Passing Standard for the National Nurse Aide Assessment Program (NNAAP(R)) Exam

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: NCSBN

CHICAGO, IL–(Marketwire – August 18, 2010) –  The National Council of State Boards of Nursing (NCSBN® )(www.ncsbn.org) is raising the passing standard for the National Nurse Aide Assessment Program (NNAAP®) Written and Oral Examination. The new passing standard is 1.57 logits, 0.24 logits higher than the current standard of 1.33 logits. The new passing standard will take effect on Jan. 1, 2011.

The updated passing standard was set during a standard-setting workshop, held April 21-22, 2010. A panel of 10 registered nurses (RNs) representing a variety of practice settings across the country volunteered as subject matter experts (SMEs) for the workshop. After consideration of all available information, the SMEs determined that safe and effective certified entry-level nurse aide/nursing assistant (NA) work requires a greater level of knowledge, skills and abilities than was required in 2006, when the current standard was implemented. The passing standard was increased in response to changes in U.S. health care delivery that have resulted in a wider range of knowledge required by certified entry-level NAs to perform their authorized duties. The SMEs used multiple sources of information, including the results of a criterion-reference standard-setting workshop, to guide their evaluation and discussion regarding the change in passing standard.

In accordance with contractual agreements with client jurisdictions, NCSBN is responsible for evaluating the passing standard of NNAAP every five years to protect the public by assuring minimal competence for entry-level certified NAs. NCSBN coordinates the passing standard analysis with the five-year cycle of test plan evaluation. This five-year cycle was developed to keep the test plan and passing standard current and reflective of entry-level work expectations for certified NAs. The 2011 NNAAP® Examination Test Plan/Test Specifications Report is available to download free of charge at www.ncsbn.org/2011_NNAAP_Test_Plan-Test_Specifications_Report_links.pdf.

The National Council of State Boards of Nursing (NCSBN®) is a not-for-profit organization whose members include the boards of nursing in the 50 states, the District of Columbia and four U.S. territories — American Samoa, Guam, Northern Mariana Islands and the Virgin Islands. There are also seven associate members.

Mission: NCSBN provides education, service and research through collaborative leadership to promote regulatory excellence for patient safety and public protection.

The statements and opinions expressed are those of NCSBN and not the individual member state or territorial boards of nursing.

National Council of State Boards of Nursing, Inc.
111 E. Wacker Drive, Suite 2900
Chicago, IL 60601-4277

Contact:
Dawn M. Kappel
Director, Marketing and Communications
312.525.3667 direct
312.279.1034 fax
Email Contact

Filed Under: Facilities And Providers

NCSBN Publishes Four New Research Briefs

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: NCSBN

CHICAGO, IL–(Marketwire – August 18, 2010) –  The National Council of State Boards of Nursing (NCSBN® )(www.ncsbn.org) sets an ambitious research agenda designed to advance the science of nursing regulation. NCSBN recently added to its body of research with the publication of four new briefs titled, Report of Findings from the 2009 TUNING Analysis: A Comparison of U.S. and International Nursing Educational Competencies; Report of Findings from the 2009 Job Analysis of Nurse Aides Employed in Nursing Homes/Long-term Care, Hospitals/Acute Care and Community/Home Health Care Settings; Report of Findings from the Comparison of Entry-level Registered Nurses in the U.S. and Ontario, Canada; and Report of Findings from the Comparison of Entry-level Registered Nurses in the U.S. and British Columbia, Canada.

Report of Findings from the 2009 TUNING Analysis: A Comparison of U.S. and International Nursing Educational Competencies is an account of a new initiative that seeks to understand the role of nurses and nursing education from an international perspective. The goal of this study was to evaluate the consistency of nursing educational competencies globally.

Report of Findings from the 2009 Job Analysis of Nurse Aides Employed in Nursing Homes/Long-term Care, Hospitals/Acute Care and Community/Home Health Care Settings reports the importance ratings for activities performed by certified entry-level nurse aides/nursing assistants (NAs) employed in various health care settings. The findings from this study are used to evaluate the validity of the test plan, content outline and examination questions for the nurse aide certification examination.

Report of Findings from the Comparison of Entry-level Registered Nurses in the U.S. and Ontario, Canada compares entry-level nursing activities of U.S. registered nurses with a cohort from Ontario, Canada. The College of Nurses of Ontario (CNO) collaborated with NCSBN on this initiative.

Report of Findings from the Comparison of Entry-level Registered Nurses in the U.S. and British Columbia, Canada compares entry-level nursing activities of U.S. registered nurses with a cohort from British Columbia, Canada. The College of Registered Nurses of British Columbia (CRNBC) collaborated with NCSBN on this initiative.

NCSBN offers 48 volumes of research that include practice analyses and national surveys of the profession, covering topics such as nursing education and professional issues. Previously only available for purchase through NCSBN, these research briefs are now downloadable free of charge by visiting www.ncsbn.org.

The National Council of State Boards of Nursing (NCSBN®) is a not-for-profit organization whose members include the boards of nursing in the 50 states, the District of Columbia and four U.S. territories — American Samoa, Guam, Northern Mariana Islands and the Virgin Islands. There are also seven associate members.

Mission: NCSBN provides education, service and research through collaborative leadership to promote regulatory excellence for patient safety and public protection.

The statements and opinions expressed are those of NCSBN and not the individual member state or territorial boards of nursing.

National Council of State Boards of Nursing, Inc.
111 E. Wacker Drive, Suite 2900
Chicago, IL 60601-4277

Contact:
Dawn M. Kappel
Director, Marketing and Communications
312.525.3667 direct
312.279.1034 fax
Email Contact

Filed Under: Facilities And Providers

The Hemophilia Foundation of Michigan Invites You to Take a Walk on the Wild Side… With Lions and Tigers and Bears, Oh My!

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: Hemophilia Foundation of Michigan

YPSILANTI, MI–(Marketwire – August 18, 2010) –  The Hemophilia Foundation of Michigan is pleased to announce: Walkin’ on the Wild Side for Hemophilia, its second annual fundraising walk at the Detroit Zoo. Walkin’ on the Wild Side for Hemophilia takes place on Sunday, August 29, 2010. Join hundreds of walkers to raise money to support the many programs of the HFM while taking in the beauty of the Detroit Zoo.

Form a team, walk by yourself, or be a virtual walker — support the cause without actually walking! Adults, children, families, co-workers, and friends; people of all ages are encouraged to join. Registration (with breakfast) begins at 7:45 am; the 2.1 mile Walk kicks off at 8:45 am. There will be entertainment, prizes, and fun for all ages. 93.9 The River will be there with music and giveaways. Everyone is invited to stay and enjoy a day at the zoo after the Walk.

In 2009, Walkin’ on the Wild Side for Hemophilia raised over $100,000 — just about the annual cost of treatment for a person with hemophilia; had 64 walk teams, 770 walkers and 50 volunteers. This year, HFM is aiming to increase the numbers in all those categories!

NEW for 2010: For every contribution of $100 made by Wednesday, August 25th, the individual donor’s name will be put in a drawing for three exciting prizes! These prizes include: A 50″ plasma TV, an Apple iPad, and an Amazon Kindle. Winners will be drawn immediately after the Walk ends at 10:30 am on the Grassy Knoll at the Detroit Zoo. Winners need NOT be present.

For a minimum donation of $15, an individual will receive admission to the event, refreshments, a Walk t-shirt, and the rest of the day at the zoo. There is no admission charge for children under 2 years of age. Please keep in mind this event is a FUNDRAISER — we need everyone’s help to exceed last year’s amount of $101,000 to support services for individuals with bleeding disorders and their families.

Will you be Walkin’ on the Wild Side for Hemophilia? To form a team online or donate to a team, go to www.hfmich.org or contact Dawn at 1-800-482-3041.

Contact:
Hemophilia Foundation of Michigan
1921 W. Michigan Avenue
Ypsilanti, Michigan 48197
Phone: 734-544-0015
FAX 734-544-0095
Website: www.hfmich.org

Ivan C. Harner
Executive Director
734-544-0015 ext. 26
[email protected]

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Filed Under: Facilities And Providers

Chicago Group Health Insurance Now Connecting Illinois Residents With Local Agents

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: ChicagoGroupInsurance.net

For Residents and Business Owners Looking for Health Insurance Plans ChicagoGroupInsurance.net Connects Them With Professional Insurance Agents

CHICAGO, IL–(Marketwire – August 18, 2010) – With health insurance all over the news and a main topic in politics, it’s more important than ever to get the right coverage for the future. Health insurance can be a complicated service for those that are not well versed in the industry. It can be difficult for individuals and businesses to find the right plan. In many cases consumers and companies either have a plan that does not fit their needs or may be paying too much. It is always a good idea to research and talk with professionals about their health insurance coverage in order to make sure they are getting the coverage they need.

ChicagoGroupHealthInsurance.net connects individuals and consumers with a group health insurance agent, where they can speak with an insurance agent about their prospective plan. This can open up new possibilities for Illinois residents seeking health insurance.

For small business owners group health insurance has various cost and tax incentives for both them and their employees. These benefits can vary depending on the individual and business owner’s situation. Connecting with a professional can help them assess their situation.

ChicagoGroupInsurance.net offers a free consultation with a group health insurance representative which can be taken advantage of at their company website www.ChicagoGroupInsurance.net/

Contact:
Rob Jones
1324 W. Byron St.
Chicago, IL 60613
312-252-1728

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Filed Under: Facilities And Providers

Interbit Data Joins Iatric Systems, Inc. and Array Software in Organizing Conferences to Benefit Hospital Information Systems Users Seeking Healthcare…

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: Interbit Data

The Healthcare IT Solutions Exchange (HITSE) Will Host Its Healthcare Conference, HITSE New England 2010, on October 26 and 27 at the Doubletree Hotel, Westborough, MA

NATICK, MA–(Marketwire – August 18, 2010) –  To provide healthcare IT professionals with continuing education, purchase planning assistance and peer networking around issues facing hospitals and healthcare systems, Interbit Data has partnered with Iatric Systems, Inc. and Array Software to form the Healthcare IT Solutions Exchange (HITSE). HITSE will host an ongoing series of healthcare IT conferences starting this fall with HITSE New England 2010, to be held October 26 and 27 at the Doubletree Hotel, Westborough, MA.

“The primary intention of HITSE is to fill a void left by other healthcare IT conferences and user associations,” states Arthur Young, president of Interbit Data. “Other conferences have missed opportunities to extend the educational process on certain topics and allow vendors to convey beneficial, user-valued product solutions information outside of the exhibit area, which is often disregarded by attendees. HITSE was designed to provide a setting in which users and vendors can communicate and collaborate in order to develop and implement solutions that improve healthcare.” 

HITSE’s initial healthcare IT conferences will include educational tracks on Computerized Physician Order Entry (CPOE), MEDITECH 6.0, Meaningful Use and Revenue Cycle Improvement, with sessions on industry updates, technology and compliance, and panel discussions featuring industry experts. Vendor sessions will offer case studies, product demonstrations and user group discussions. Each conference will include the Solutions Exchange, which will bring together hospital information systems users and vendors to discuss the selection, planning, implementation and support of healthcare IT solutions. The HITSE conference agenda will continuously evolve according to emerging trends and healthcare IT user needs.

All members of the healthcare IT community can participate and benefit from HITSE, including CIOs, IT managers, IT department managers, IT staff and consultants, as well as IT vendors. Vendors can participate in HITSE healthcare IT conferences by exhibiting, attending or serving as a sponsor, as well as conducting vendor sessions.

More information on HITSE and the October New England conference can be found at http://www.hitse.org.

About Interbit Data
Founded in 1997 and named to the 2009 Inc. 5000 list of America’s fastest growing companies, Interbit Data helps healthcare organizations deliver better, more consistent patient care with secure, reliable and cost-effective software solutions that improve operational efficiency. The company’s information distribution products deliver information securely over the Internet in multiple formats, such as fax, print, email, encrypted file or HL7 message format, and integrate it easily into physicians’ practice EMRs. Interbit Data’s business continuance products give healthcare providers continuous access to patient data in the event of a network or system outage. Interbit Data products are used by more than 650 MEDITECH® customers worldwide. For more information about Interbit Data and its NetSolutions products, visit the company Website at www.interbitdata.com.

Contact:
Beth Bryant
508-786-3013
Email Contact

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Filed Under: Facilities And Providers

Good Neighbor Community Health Center Selects Sage Intergy CHC to Streamline Practice Efficiency and Improve Patient Care

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: Sage

TAMPA, FL–(Marketwire – August 18, 2010) –  Sage North America Healthcare Division, which provides practice management software and services to approximately 80,000 physicians in North America, today announced that Good Neighbor Community Health Center, based in Columbus, Neb., has selected Sage Intergy CHC as its electronic health records system. Sage products are used by approximately 25 percent of all Community Health Centers throughout the U.S. to manage their practices.

Sage Intergy CHC is an integrated, scalable practice management and electronic health records system, specifically designed for community health centers. Patient data can be shared or isolated across practices and locations, allowing access from anywhere for clinical, financial and administrative management.

Sage Intergy easily tracks the details of a patient’s clinical history, shares and manages clinical information and combines complex medical practice functions into easy-to-navigate menus and buttons, and fully integrates with EDI services to manage payments, Intergy Practice Portal to manage secure patient communications, Sage Intergy RIS to manage medical images and Sage Intergy Practice Analytics to report on practice efficiency and patient trends that can help to improve patient care.

“Good Neighbor Community Health Center is a data-driven clinic and we feel the analytic capabilities of the Sage Intergy system will allow us to best care for our patients while helping us track key health trends in the population we serve,” said Becky Rayman, Executive Director of Good Neighbor Community Health Center.

Additionally, Rayman’s experience with Sage’s customer support won her over. “Sage continues to provide us with great responses, and great customer service. We’re not a networked clinic, it’s us here alone, and if it were not for Sage and their support, we might not be able to implement the EHR,” Rayman added.

Good Neighbor Community Health Center is a multi-specialty clinic offering medical, pediatric, dental and mental health services, with seven physicians serving more than 8,000 patients annually. Sage Intergy CHC enables Good Neighbor Community Health Center to customize its system to adapt to existing workflows throughout the clinic and enables clinic staff to access the entire medical record online, in real time.

Currently, all patient records are paper based. Sage Intergy CHC will allow for a seamless transition to an electronic health record and propel the clinic closer to its goal of meeting the federally-backed meaningful use.

Sage has been providing ambulatory healthcare systems for almost 30 years, serving approximately 80,000 physicians in the United States with practice management, electronic health records, and other services to streamline patient care. 

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About Good Neighbor Community Health Center
Good Neighbor Community Health Center works to increase access to primary preventive healthcare and to improve the health of the underserved and vulnerable populations. Since 1998, Good Neighbor Community Health Center has been providing primary care to anyone in the community who desires to visit our clinic.

About Sage North America
Sage North America is part of The Sage Group plc, a leading global supplier of business management software and services. Sage North America employs 4,000 people and supports 3.1 million small and midsized business customers including approximately 80,000 physicians. The Sage Group plc, formed in 1981, was floated on the London Stock Exchange in 1989 and now employs 13,100 people and supports 6.2 million customers worldwide. For more information, please visit the website at www.sagenorthamerica.com.

© 2010 Sage Software, Inc. All rights reserved. Sage, Sage Software, Sage logos and the Sage product and service names mentioned herein are registered trademarks or trademarks of Sage Software, Inc. or its affiliated entities. All other trademarks are the property of their respective owners.

Press Contact:
Scott Rupp
Sage
(813) 249-4264
[email protected]

Filed Under: Facilities And Providers

GrowthPoint Capital Corp. Acquires Securities of Vigil Health Solutions Inc.

Posted on August 18, 2010 Written by Annalyn Frame

VICTORIA, BRITISH COLUMBIA–(Marketwire – Aug. 18, 2010) – GrowthPoint Capital Corp. (“GrowthPoint”) is issuing this press release pursuant to the early warning requirements of applicable securities laws in Canada with respect to Vigil Health Solutions Inc. (“Vigil”).

Pursuant to a private agreement, on July 27, 2010, GrowthPoint acquired ownership of $100,000 in debt which is convertible into, subject to adjustment, 1,000,000 common shares of Vigil at a conversion price of $0.10 per common share, representing approximately 1.0% of Vigil’s outstanding common shares.

Following this transaction, in addition to the $100,000 in convertible debt which if converted would represent approximately 1.0% of Vigil’s outstanding common shares, GrowthPoint and its affiliates also hold 9,929,000 common shares representing approximately 9.9% of Vigil’s outstanding common shares; 650,000 Deferred Stock Units representing approximately 0.7% of Vigil’s outstanding common shares; and 744,000 Stock Options representing approximately 0.7% of Vigil’s outstanding common shares. In aggregate, assuming the full exercise and conversion of the aforementioned securities, GrowthPoint and its affiliates would hold approximately 12.3% of the issued and outstanding common shares of Vigil.

In addition to owning or exercising control over the Vigil securities through GrowthPoint Capital Corp., GrowthPoint acts jointly or in concert with Greg Peet and GrowthPoint Ventures (VCC) Corp.

GrowthPoint acquired these securities for investment purposes. GrowthPoint may, depending on market conditions and other factors as well as applicable securities laws, acquire additional securities of Vigil through the facilities of the TSX Venture Exchange, private agreements or otherwise. At the current time, however, GrowthPoint does not intend to acquire more than 19.99% of the outstanding common shares of Vigil (assuming full exercise or conversion of any securities of Vigil that GrowthPoint may acquire). GrowthPoint may, depending on market conditions, sell any or all of its common shares of Vigil.

For additional information, or for a copy of the early warning report filed in respect of the above transaction, please see contact information below.

Filed Under: Facilities And Providers

UV Flu Technologies Plans National Television Sales Awareness Campaign

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: UV Flu Technologies, Inc.

CENTERVILLE, MA–(Marketwire – August 18, 2010) –  UV Flu Technologies, Inc. (OTCBB: UVFT) (the “Company”) is pleased to announce that it has signed an agreement with Trade Network, Inc., dba Creative Media and Buying Services, to produce a series of television advertisements in order to publicize a national awareness campaign featuring the ViraTech UV-400 product line, and its proven health benefits in relationship to the ongoing and growing dangers presented by poor indoor air quality in homes, and workplaces across the nation.

The commercials are slated to air beginning in October, just prior to the onset of the traditional flu season, and will be broadcast on a variety of national television networks at various airtimes. They will be broadcast throughout this heightened period of awareness and, as such, are designed to offer an informative and educational outlook demonstrating the design and proven effectiveness of the UV-400 bacteria killing air purifier in action.

The indoor air quality (“IAQ”) sector is a vast market that grows in significance every time an airborne illness penetrates public mainstream awareness. This generally occurs in the fall and spring seasons and is usually in the forefront of public awareness during the fall season when the Company’s advertisements are scheduled for broadcast.

“This campaign is expected to not only to raise national awareness of the ViraTech UV-400 and its ability to kill bacteria and other contaminants, but to also spotlight the epidemic increase in respiratory problems due to poor indoor air quality generally,” stated Jack Lennon, President of UV Flu Technologies. “These television spots are an integral part of our overall marketing plan intended to capture a significant percentage of the worldwide multibillion dollar air-purification and filtration product marketplace, by demonstrating a product that actually works, and which has been cleared by the FDA as a medical device specifically for killing bacteria. The UV-400 product, along with several other products currently under development is directly aimed at reducing the extraordinary number of deaths attributed to poor indoor air quality that occur around the world every year.”

The UV-400 is uniquely positioned to attract serious attention by consumers due to its listing as a Medical Device with the FDA which resulted after a battery of rigorous laboratory tests proved the UV-400 kills 99% of airborne bacteria in its patented UV chamber. The device is designed to easily circulate the air within the average home or work environment multiple times per hour, and will be demonstrated within a number of real life situations and applications throughout the television presentations.

Further details regarding the Company’s business, financial reports and agreements are filed as part of the Company’s continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission’s (“SEC”) EDGAR database.

About UV Flu Technologies, Inc. (OTCBB: UVFT)
UV Flu Technologies is an innovative developer, manufacturer and distributor of bio technology products initially targeting the rapidly growing Indoor Air Quality (“IAQ”) industry sector. The Company manufactures the VIRATECH UV-400, which utilizes high-intensity germicidal ultraviolet radiation (UV-C) inside a killing chamber that goes beyond filtration to destroy harmful airborne bacteria at rates exceeding 99.2% on a first-pass basis. The FDA has issued a coveted Class II medical listing that enables UV Flu Technologies to market the product as a medical device.

Notice Regarding Forward-Looking Statements
This news release contains “forward-looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

ON BEHALF OF THE BOARD

UV Flu Technologies, Inc.
—————————–
John J. Lennon, President & CEO

Investor Information:
Geaux IR Services, Inc.
Toll-Free: 1-888-355-8838
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Filed Under: Facilities And Providers

GetWellNetwork Introduces QuickCare for Clinicians and Care Staff

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: GetWellNetwork

QuickCare Provides Fast, One-Click Access to Six Key Nursing Tools

BETHESDA, MD–(Marketwire – August 18, 2010) – GetWellNetwork, Inc., the leading provider of interactive patient care solution, today announced the availability of QuickCare, a new feature that provides clinicians and staff with the ability to order patient education and execute service requests at the point of care using the patient’s bedside TV. QuickCare assists clinicians and staff by enabling them to log-in to a secure GetWellNetwork system menu to perform six frequent care tasks for patients. Ultimately, this will help clinicians and staff to deliver better, more efficient care and to improve patient satisfaction.

By executing key nursing tasks directly from the patient’s room, clinicians optimize their time with patients and can take advantage of valuable teachable moments to initiate patient education without waiting to get back to the nurse’s station or computer terminal. Patients also feel confident that their service requests are quickly handled because clinicians and staff are initiating the orders right from their bedside. These service requests are then directed to the appropriate department, thereby off-loading non-clinical tasks from the clinician’s busy schedule.

“Using QuickCare, our nurses are able to easily complete important medication teaching without ever leaving the patient’s room. This helps expedite care and our patients feel more involved and personally cared for; ultimately, making a positive impact on patient satisfaction,” said Katherine E. Pereira-Ogan, RN, BSN, BC, MSSL, director of service excellence at Christiana Care Health System.

The bedside tools available in QuickCare assist clinicians in delivering timely, consistent education that yields better patient comprehension and provides better patient care through more efficiently managed service requests. 

QuickCare provides fast, one-click access in six key care areas:

  • Patient Safety: Clinicians can prescribe safety education for their patients at the point of care, such as falls prevention information or hand hygiene, which also helps meet The Joint Commission requirements for patient safety.
  • Patient Education: QuickCare enables clinicians to consistently and effectively engage patients in learning about their condition by initiating patient-specific education sessions at optimal teachable moments from the point of care. Improving patient education leads to improved patient outcomes.
  • Medication Teaching: Clinicians can improve patient satisfaction by helping to engage patients in learning more about the importance of their medication regimen. QuickCare lets clinicians access the full medication database and retrieve real-time list of their patients’ prescribed medications.
  • Patient Care Plan: Clinicians can reduce the number of readmission by guiding their patients through a comprehensive multi-phase care plan such as heart failure or asthma on the GetWellNetwork system. 
  • Admissions and Discharge: Helping patients complete the steps for discharge ensures that patients can go home on time and reduce the length of stay. It also gives clinicians the ability to keep patients well informed about any aftercare instructions to ensure better patient outcomes. 
  • Service Requests: Makes it easy for clinicians to contact the right department for non-clinical service requests such as notifying environmental services for room cleaning or sending a message to dietary services for their patients.

“We have put more control in the hands of caregivers at the point of care — QuickCare gives clinicians and staff the ability to assess patients’ needs and act on them immediately,” said Carrie Hallock, RN, BSN, product line director, nursing practice at GetWellNetwork. “The more we can do to optimize nursing workflows, the more time clinicians have for delivering the kind of patient care that inspired them into the nursing profession.” 

About GetWellNetwork
GetWellNetwork, Inc. uses the bedside TV to entertain, educate and empower hospital patients and caregivers to be more actively engaged in their care. This patient-centered approach improves both satisfaction and outcomes for patients and hospitals. GetWellNetwork is the leader in interactive patient care solutions and exclusively endorsed by the American Hospital Association. More information about GetWellNetwork can be found at www.GetWellNetwork.com.

Media Contact:
Jenny Song
(703) 338-8434
Email Contact

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Filed Under: Facilities And Providers

GetWellNetwork Unveils the First Interactive Patient Care Solution Designed for Senior Patients

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: GetWellNetwork

New GetWellNetwork for Seniors to Enhance Patient Experience and Improve Outcomes

BETHESDA, MD–(Marketwire – August 18, 2010) – GetWellNetwork, Inc., the leader in interactive patient care solutions, today announced a new solution — GetWellNetwork for Seniors — designed to improve senior patients’ hospital experience and outcomes. Based upon extensive patient and caregiver research, GetWellNetwork for Seniors addresses the impact of aging and the ability of the senior population to use technology in a hospital setting. Using the bedside TV, GetWellNetwork for Seniors enables elderly patients to easily take part in their care process and to affect their own health outcomes.

“Our hospital participated in the testing of the new GetWellNetwork for Seniors, and I was immediately impressed,” said Barb Ochsner, RN, clinical director, Medical Center of the Rockies, “Our patients really get it — they knew who their care team would be and appreciated having all the information available at their fingertips.”

Elderly patients often leave the hospital with incomplete knowledge of their medications, diagnosis, dietary regimens and safety information, all of which impact their overall health and recovery. The GetWellNetwork solution is a proven way to engage patients and to increase learning opportunities by giving patients the option to review medical information at their own pace and return to specific health information as many times as needed throughout their hospital stay. In addition, GetWellNetwork for Seniors supports important patient care priorities by providing easy and reliable access to information on medication, safety, health education, and services right from the patient’s bedside TV.

In addition to the vast array of care features, GetWellNetwork for Seniors accommodates the broad range of familiarity seniors have with consumer technology devices. It is specially designed so that little or no knowledge of computing is necessary to interact comfortably with the GetWellNetwork system. Design elements include large, high-contrast text and generous spacing between buttons so that it creates a friendly, comfortable experience for elderly patients. In addition, a subtle, audible tone notifies users when they have made a selection and on-screen messages alert patients when a task is complete.

“Coming off the R&D success of our GetWell Town for children, we took a similarly deep approach to understanding the senior population over the past two years to better meet their needs. We are proud to introduce GetWellNetwork for Seniors, which we believe will make a dramatic improvement in patient outcomes and quality of life for elderly patients,” said Michael O’Neil, CEO and founder, GetWellNetwork. “Effective patient education is the first step in ensuring a successful hospital stay and, more importantly, the critical link in promoting a full recovery and a healthy lifestyle when they return home.”

About GetWellNetwork, Inc.
GetWellNetwork, Inc. uses the bedside TV to entertain, educate and empower hospital patients and caregivers to be more actively engaged in their care. This patient-centered approach improves both satisfaction and outcomes for patients and hospitals. GetWellNetwork is the leader in interactive patient care solutions and exclusively endorsed by the American Hospital Association. More information about GetWellNetwork can be found at www.GetWellNetwork.com.

Media Contact:
Jenny Song
Corporate Communications
(703) 338-8434
Email Contact

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Filed Under: Facilities And Providers

Analysis Shows Hospitals Can Double Revenue From Their Own Employee Health Plans

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: CoreSource

LAKE FOREST, IL–(Marketwire – August 18, 2010) –  Hospitals and health systems can double revenue from their own employee health plans by implementing the right benefit strategies, according to research released today by CoreSource, one of the nation’s leading administrators of employee benefit plans for self-funded hospitals, health systems and other employers.

“When deciding how to offer medical benefits to their employees, hospitals and health systems embark on a complex process because they serve as both a health plan sponsor and a provider of healthcare services. For a hospital, offering an employee health plan and managing its costs require the institution to balance the need to grow patient volume and revenue with the need to control labor costs,” said Rob Corrigan, Vice President of Product Management and Planning, CoreSource.

A comprehensive analysis of the employee benefit strategies of nearly 70 CoreSource hospital and health system clients from across the country shows that a hospital using its domestic network of healthcare providers can increase its revenue, on average, by more than $1,200 per employee per year compared to a hospital that outsources its network to a commercial PPO contracting with all health system providers.

The study finds that hospitals employing this “direct contracting” model for their own employee health plans average about $2,500 in revenue per employee per year, compared to about $1,250 for those who employ the “outsourced PPO” model. The findings are contained in the CoreSource white paper, “Hospitals and Healthcare Systems: An Inside Look at Group Health Plan Strategies To Control Costs and Provide Access to Healthcare.”

According to the CoreSource study, hospitals generally use one of five benefit strategies when offering a self-funded PPO to their employees. The study also found that self-funded hospitals and health systems have, on average, six percent higher health benefit costs per employee than other CoreSource clients.

“The primary driver of the higher benefit costs for hospitals and health systems is their demographics,” Corrigan said. “Our analysis shows that hospitals and health systems typically employ more women, employees older than 40 and individuals with chronic conditions than other self-funded groups. These sectors of the population use healthcare services more often than other groups of individuals.”

The analysis also demonstrates how important employee compliance is for cost control. Compliance with preventive testing and disease management for employees of hospitals is better than for other self-funded employers, according to the research, while the average length of stay is 28 percent lower than other groups. “Without this level of compliance, it is fair to reason that hospital and health systems benefit plan costs would be even higher,” he said.

Understanding how different benefit strategies work is important for any hospital or healthcare system seeking to control costs and boost revenue, but it is critical for a hospital that wishes to become designated an Accountable Care Organization (ACO), a new payment and healthcare delivery system created by healthcare reform legislation.

“An ACO is designed to drive healthcare quality while stepping away from the traditional fee-for-service payment approach. A hospital using a domestic network or contracting directly with providers will have operational mechanisms in place that will help the institution make the transition. A hospital that outsources its network may not have the mechanisms readily available to make the shift easily,” Corrigan said.

Hospitals must look at their employee population, market conditions, reimbursement levels and relationships with physicians, and weigh many other factors before determining how to proceed with their benefit strategy. “Information gleaned from the analysis can help guide them in determining the right plan design for their institution,” Corrigan said. “Regardless of the strategy selected, a hospital must monitor cost and utilization trends so that it maintains the desired balance between competing financial objectives and positive relationships with employees, doctors and other stakeholders.” 

For more information on CoreSource and hospital and health system benefit administration, visit this website.

About CoreSource
 
CoreSource is one of the nation’s leading TPAs, delivering integrated, customized employee benefit solutions to self-funded employers. CoreSource utilizes cutting-edge products and services designed to facilitate effective cost-containment strategies. CoreSource is a subsidiary of Trustmark Mutual Holding Company and has nine sales and customer service offices across the country. Trustmark has assets of more than $1.7 billion and, through CoreSource and other subsidiaries, administers more than $2.5 billion in health and life benefits annually. For more information, visit www.coresource.com.

Contact:
Cindy Gallaher
(847) 283-4065
Email Contact

Filed Under: Facilities And Providers

MacroSolve’s ReForm XT Selected by Orthopedic Resources for Mobile Inventory and Order Tracking System

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: MacroSolve, Inc.

TULSA, OK–(Marketwire – August 18, 2010) –  MacroSolve, Inc. (OTCBB: MCVE), a leading provider of mobile business solutions, announced today that its patent-pending ReForm XT™, has been selected by Orthopedic Resources, a growing medical products distributor, for its wireless inventory and order tracking platform. 

Tulsa, Oklahoma-based Orthopedic Resources is a rapidly growing distributor of Durable Medical Equipment. The company has more than 50 national and regional insurance contracts and services the southwestern and mid-western United States.

Mark Farrow, President of Orthopedic Resources, commented, “In order to support the tremendous growth in sales we’ve experienced, we decided it was time for us to move from mainly paper-based inventory and order systems to a mobile solution. ReForm XT is the right product for us. It will help our growing sales force of over 50 people provide superior service to the 250-plus hospitals we serve. ReForm XT will help us meet our goals to automate, expand and create efficiencies.”

MacroSolve president and CEO Clint Parr added, “ReForm XT is an incredibly flexible mobile tool that is the right solution for high-growth companies like Orthopedic Resources. From inventory and ordering to a more diverse set of mobility applications, ReForm XT has been selected once again as the solution of choice by smart companies.”

ReForm XT is a powerful resource that can operate within any industry. Creating a mobile application to automate business processes helps save time, decrease errors, increase productivity and delivery of up to the minute information to save businesses money and increase revenues. For more on ReForm XT please visit http://www.goanyware.com/products/reformxt/.

For information regarding Orthopedic Resources please visit www.orthopedicresources.com.

About MacroSolve
MacroSolve, Inc. is a pioneer in delivering mobile apps and solutions to businesses and government. Founded in 1997, the company has an extensive network including the top name brands in wireless hardware and software as well as carriers. MacroSolve’s mission is to become the leader in delivering mobile business apps, a market projected to grow by double digits to $11.6 B by 2012. The company operates through its subsidiaries including Anyware Mobile Solutions (http://www.goanyware.com/). For more information, visit http://www.macrosolve.com/ or call 800-401-8740.

Safe Harbor Statement
 
This press release contains projections of future results and other forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Important factors that may cause actual results and outcomes to differ materially from those contained in the projections and forward-looking statements included in this press release are described in our publicly filed reports. Factors that could cause these differences include, but are not limited to, the acceptance of our products, lack of revenue growth, failure to realize profitability, inability to raise capital and market conditions that negatively affect the market price of our common stock. The Company disclaims any responsibility to update any forward-looking statements.

Investor Contact:
Dilek Mir
(310) 591-5619
Email Contact

Company Contact:
April Sailsbury
(918) 388-3529
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Filed Under: Medical And Healthcare

Congressman Jim Langevin Visits Amazing Charts to Discuss Job Creation and Legislative Impact on Healthcare Technology and EHRs

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: Amazing Charts

Key Topics Include Effects of Federal Stimulus on EHR Market, Overpricing of EHRs, and Influence of Health Insurance Companies and Regional Extension Centers on Physician Purchasing Decisions

NORTH KINGSTOWN, RI–(Marketwire – August 18, 2010) –   Amazing Charts, Inc., a leading developer of Electronic Health Record (EHR/EMR) systems, today announced the visit of Rhode Island Congressman Jim Langevin (RI-02). During the visit, Congressman Langevin viewed a presentation by Amazing Charts founder and CEO Jonathan Bertman, MD about the recent legislative impact on healthcare technology and EHRs, as well as the company’s history of job creation and future roadmap.

“We are honored to have Jim Langevin as our guest at Amazing Charts today,” said Dr. Bertman. “As physicians, we feel like we are being forced by the government and insurers to adopt EHR technology and it is important that we were able to brief the congressman on impacts that the Federal stimulus package will have on healthcare technology decisions.”

With the Federal Government providing as much as $27 billion over the next 10 years for physicians to computerize patients’ medical records (HITECH/ARRA), the bulk of the presentation focused on the effects of the Federal stimulus on the EHR market, the overpricing of EHRs and the need for transparency at all levels, including health insurance companies and Regional Extension Centers, which exert a powerful influence on physician purchasing decisions.

Among other topics discussed was Amazing Charts being honored as the fastest growing private company in Rhode Island by Inc. Magazine’s Inc. 5000 list and their contribution to local job growth.

About Congressman Jim Langevin (RI-02)
Congressman Jim Langevin was elected to the US House of Representatives in 2000 and has served in the Second Congressional District ever since. Langevin is a member of both the Democratic Regional Whip for New England and the House Majority Whip for Jim Clyburn’s Senior Whip Team. Among his other interests, Langevin has been recognized as a national and party leader on health care issues. 

About AmazingCharts.com
AmazingCharts.com provides Electronic Health Records (EHR/EMR) and services to small healthcare practices. Amazing Charts V5 is a CCHIT Certified® 2008 Ambulatory EHR, additionally certified for Child Health. Based on number one ratings for usability, fair pricing, and overall user satisfaction, the Amazing Charts EHR is used by more than 3600 practices and is growing by over 70 new practices each month. Founded in 2001 by a practicing family physician, AmazingCharts.com, Inc. is headquartered at 1130 Ten Rod Rd, F-207, North Kingstown, RI 02852, 1-866-382-5932.

Amazing Charts is a trademark of AmazingCharts.com, Inc. All products or service names mentioned herein are trademarks of their respective owners.

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Filed Under: Medical And Healthcare

Arizona Homeopathic Associates Provides Unique Health Care Solutions; Treating the Cause of Illness Rather Than the Symptoms

Posted on August 18, 2010 Written by Annalyn Frame

SOURCE: Arizona Homeopathic Associates

TEMPE, AZ–(Marketwire – August 18, 2010) –  Current figures estimate that spending on health care in the U.S. is about 16% of its GDP. In 2007, an estimated $2.26 trillion was spent on health care in the United States, or $7,439 per capita. Health care costs are rising faster than wages or inflation, and the health share of GDP is expected to continue its upward trend, reaching 19.5% of GDP by 2017.

With health care reform recently approved, the debate over costs is fierce. Some say costs will be controlled or reduced; others claim that costs will spiral out of control. Regardless, Medicare, in its present form, is not sustainable, according to the Congressional Budget Office.

On the sidelines in the debate over care and costs is a rising trend toward alternative health care, known as naturopathy. Tempe, Arizona based naturopathic physicians Danite Haller, N.D. and Eric Udell, N.D. at Arizona Homeopathic Associates are enjoying a thriving practice in spite of national economic woes. “With many people out of work and not having company health insurance, they are finding that naturopathic medicine is an effective and affordable way to go,” claims Udell.

Naturopathic medicine is based on the belief that the human body has an innate healing ability. Naturopathic doctors teach their patients to use diet, exercise, lifestyle changes and innovative natural therapies to enhance their bodies’ ability to ward off and combat disease.

Dr. Haller describes the difference between conventional medicine and naturopathy, “In naturopathy we don’t use medication to alleviate or mask symptoms. We strive to identity the causes of the symptoms and provide non-invasive treatments and no pharmaceutical medicines.” Haller and Udell have chosen one aspect of naturopathy — homeopathy. First used in 1796 by a German physician, homeopathy uses specially prepared remedies based on the law of “similar.” This means substances that cause certain symptoms can be use in extremely diluted form to encourage the body in the healing process. These remedies are all natural and have no side effects.

Homeopathic remedies are extremely cost effective, costing less than traditional medications. Naturopathic care, which requires greater doctor care and interaction than conventional medicine is less costly, too.

For more information on this alternative form of medical care, see www.azhomeopathic.com.

Arizona Homeopathic Associates
Dr. Eric Udell
480-456-0402

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Filed Under: Medical And Healthcare

Urologist Dr. Ridwan Shabsigh, MD Answers Viewers’ Health Questions on His Online Medical Advice and Health Talk Show, "The Dr. Ridwan Show"

Posted on August 17, 2010 Written by Annalyn Frame

SOURCE: DrRidwan.com

NEW YORK, NY–(Marketwire – August 17, 2010) –  Maimonides Medical Center Urologist Dr. Ridwan Shabsigh, director of the Division of Urology, answers viewers’ health questions on a recent episode of his online medical advice and health talk show, “The Dr. Ridwan Show.” Along with his elite panel of experts, Drs. Harry Fisch, Michael Perelman and Richard Sadovsky, Dr. Ridwan offered sound medical information to very common men’s health questions. Based on the premise, “Ask the Doctor — Health information you can use,” the show helps deliver men’s health information in a user-friendly format.

Dr. Ridwan and his experts fielded a question on frequent fatigue. They explained that fatigue is a common problem in men and women. They cautioned that fatigue could be a symptom of anemia, chronic inflammation, infection or other chronic medical problem. It could also have something to do with sexual hormones, signifying a decline in testosterone that results in less energy and vitality. It could also represent depression or lack of quality sleep. They cautioned viewers to not disregard fatigue and visit their doctor.

The experts also discussed topics such as heart disease, high blood pressure and lower back pain. The doctors said that chest pain could be a serious symptom and it should always be investigated further. When Dr. Ridwan examines his patients, he goes beyond the symptoms, asking them what is important in life to them. Ridwan feels that if patients are honest about their symptoms and lifestyle habits, he can get to the root of the problem.

A viewer wrote in with a question about her husband’s snoring. The doctors explained that the snoring could be symptomatic of something serious, such as sleep apnea, which is frequently associated with obesity. Dr. Ridwan advised the viewer to have her husband see a doctor and also evaluate testosterone levels or any possible sexual problems.

Dr. Ridwan and his experts also discussed a viewer’s question on men’s exercise. The viewer asked how often he should exercise and how he could get motivated to exercise. The panelists advised the viewer to start with walking and gradually become more active with fun activities that he enjoys. They suggested exercise should be done a minimum of 150 minutes a week, as there are health and negative consequences that can occur from not exercising enough.

Contact:

Dr. Ridwan Shabsigh
718-283-7746
http://www.DrRidwan.com

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Filed Under: Medical And Healthcare

U.S. Healthcare System Viable for the Long Term… If We ‘Get Control of Costs:’ Mark Chassin, President, The Joint Commission

Posted on August 17, 2010 Written by Annalyn Frame

SOURCE: Medline Industries, Inc.

Speaking Before U.S Hospital Executives, Chassin Outlines Health Reform Strategies

MUNDELEIN, IL–(Marketwire – August 17, 2010) –  Speaking yesterday in New York City before more than 150 U.S. hospital executives, Dr. Mark Chassin, president of The Joint Commission, expressed an optimistic view for the U.S. healthcare system long term and outlined a “quality driven strategy” to rein in costs and improve efficiency. At the same time, he cautioned that if both society as a whole and individual health care systems do not “get control” of healthcare costs, the country could face the consequences of greater payment cuts and “big” benefit reductions. The Joint Commission is the country’s predominant standards-setting and accrediting body in healthcare.

Chassin made these comments as the keynote speaker at the third annual “Prevention Above All” conference hosted by Medline Industries, Inc. The conference brings together hospital executives from around the country to discuss practical solutions to improving patient safety and delivering cost-effective quality care.  

Chassin identified three broad ways to improve U.S. healthcare. The first is to eliminate the overuse of health services. He cited several examples, including excess use of imaging services and prescribing antibiotics for the common cold. The second issue is reducing the waste and inefficiencies created by the growing complexity for routine health care processes. Studies have indicated, he said, that as much as 25-30 percent of nursing time is wasted (and could be recovered for patient care) if we simplify our processes for everyday care such as dressing changes and medication delivery. Finally, Chassin identified the chronic problem of our inability to eliminate preventable complications such as healthcare associated infections.

“If we can achieve these three solutions, we can save money and improve quality,” he said, “and we would be able to solve the basic conundrum of how to pay for effective care for everyone in this country without having to go to severe restrictions on benefits and payments.”

Chassin did offer one sobering warning if we fail to reduce spending. “As a last resort, due to federal deficits and out of control healthcare costs, we could face real rationing, which means the active denial of effective care,” said Chassin. “Every other developed country does a pretty good job of delivering quality healthcare and spends far less, often less than half of what we do on a per capita basis. I think we can get there.” 

In addition to Chassin, the conference also included prominent international healthcare leaders Atul Gawande, surgeon and best-selling author; John Nance, contributor to ABC News and best-selling author; Robert F. Kennedy, Jr.; Andrew Cuomo, New York State Attorney General; Trent Haywood, senior vice president of clinical performance and chief medical officer for VHA, Inc.; Didier Pittet, a member of the advisory board of the WHO World Alliance for Patient Safety; Linda Groah executive director and CEO of the Association of Perioperative Operating Room Nurses (AORN).

About Medline Industries, Inc. 

Medline, the nation’s largest privately held manufacturer and distributor of healthcare products, manufactures and distributes more than 100,000 products to extended care facilities, hospitals, surgery centers, home care dealers and agencies and other markets. Headquartered in Mundelein, Ill., Medline has more than 900 dedicated sales representatives nationwide to support its broad product line and cost management services. 

Media Contact:
John Marks
(847) 643-3309

Jerreau Beaudoin
(847) 643-3011

Filed Under: Medical And Healthcare

Niche Market for Smartphones in Healthcare: Kalorama

Posted on August 17, 2010 Written by Annalyn Frame

SOURCE: Kalorama Information

NEW YORK, NY–(Marketwire – August 17, 2010) –  Healthcare is a niche market with growth potential for Smartphones, according to healthcare market research publisher Kalorama Information. The firm cites high rates of physician use of Smartphones and PDAs and available applications among many factors making healthcare ideal for Smartphone sales. In 2009, PDAs and Smartphones for healthcare applications were worth about $2.6 billion combined — according to Kalorama’s recently released report, “Handhelds in Healthcare: The World Market for PDAs, Tablet PCs, Handheld Monitors & Scanners.”

Kalorama notes that the industry is no stranger to portability. Healthcare professionals have been key consumers of beeper and pager devices, and many portable patient record and reference book products have been aimed at physicians. While healthcare is just a fraction of total Smartphone and PDA sales, just about five percent of the total market, Kalorama predicts that healthcare is one of the growth areas — particularly for Smartphones, because of their ability to combine communication with alerts, references and records.

“Healthcare is a mobile profession and lends itself to these devices,” according to Bruce Carlson, Publisher of Kalorama Information. “They provide a wide range of conveniences and workflow efficiencies which can’t be achieved with traditional notepads and pocket drug references.”

The firm notes that several wireless companies have tailored their product offerings to the needs of the healthcare industry and expects this to continue. Last year Socket Mobile, Inc. released the SoMo 650Rx hospital-grade PDA featuring an antimicrobial material that provides improved protection against the spread of bacteria and microbes. Motorola’s MTC100 offers a host of features designed to enhance productivity and effectiveness — equipped with multi-mode wireless connectivity, secured wide-area data bearer, and wireless LAN connection. In 2006, Beiks LLC released a talking English-Spanish translator for the BlackBerry platform (RIM) for emergency workers. This application is directed toward paramedics who often operate in environments with both English and Spanish speaking patients. The system was first released with 800 essential words and phrases, covering common questions, commands, people, places, conditions, drugs, medications, anatomy terms, and more.

Additionally, iPhone usage in healthcare is evidenced by the number of applications available for physicians. Various media outlets have reported over 1,700 medical apps existed as of last year, and that number has most likely grown since then.

“Handhelds in Healthcare: The World Market for PDAs, Tablet PCs, Handheld Monitors & Scanners” contains more information on Tablet PCs, Smartphones, PDAs, as well as handheld monitors and scanners, with forecasts for each of these segments. Profiles of competitors and trends in handheld technology in healthcare are also included. The report can be found at:
http://www.kaloramainformation.com/redirect.asp?progid=79476&productid=2703662.

About Kalorama Information
Kalorama Information supplies the latest in independent market research in the life sciences, as well as a full range of custom research services. We routinely assist the media with healthcare topics. Follow us on Twitter (http://www.twitter.com/KaloramaInfo) and LinkedIn (http://www.linkedin.com/groups?gid=2177845&trk=hb_side_g).

Filed Under: Medical And Healthcare

CNS Response Provides Regulatory Update

Posted on August 17, 2010 Written by Annalyn Frame

SOURCE: CNS Response, Inc.

ALISO VIEJO, CA–(Marketwire – August 17, 2010) –  CNS Response (OTCBB: CNSO) submitted an application to FDA for obtaining 510k clearance for its Referenced-EEG (rEEG®) service as a Class II device in April 2010. CNS Response CEO George Carpenter commented, “Based on our latest discussions with the FDA, it’s clear that 510k clearance will not occur in September, as we had originally hoped. We also thought shareholders should know that our business continues to move forward, with greater focus on pharma bioinformatics and clinical services.”

The Company has always considered rEEG to be a reference data service, not a traditional medical device under FDA regulation, since rEEG is a reference database accessed by qualified medical professionals over the web. However, in December 2009, Jeffrey Shuren, MD — now director of the Center for Devices and Radiological Health — presented a clear and reasonable route to 510k clearance, citing several packaged software products currently regulated as Class II devices, and which the FDA believed to be similar to rEEG. Based on this clear pathway and the commercial advantages of such approval, the Company filed for 510k clearance in April. In late July, however, reviewers indicated that they now believe rEEG is not substantially equivalent to those software products, but is in fact a new device with a new indication for use requiring a 510k filing with different predicate devices or application for Premarket Approval (PMA). 

Carpenter continued, “This brings us back to our original position, which was never waived. The growth of the internet and medical informatics have led to an explosion of similar services which offer physicians objective information about patient treatment options. rEEG was developed by physicians to solve a critical information gap in medicine, and it is now the largest reference database correlating electrophysiology (EEG) with standard pharmacotherapy. We will continue to grow our non-device business, and we will also continue our dialog with the FDA toward a mutual understanding of its regulatory relationship to rEEG services.”

About CNS Response
Today, most physicians are able to base treatment on objective test data, such as EKGs, MRIs, blood tests, etc. Broadly speaking, such advances have not yet come to those physicians practicing psychiatry.

Referenced-EEG was developed by physicians to provide objective, personalized, statistical data on patient neurophysiology. In clinical trials, physicians using rEEG data have consistently achieved superior clinical results compared to physicians using trial and error pharmacotherapy.

The Company announced publication last week of results from its most recent clinical trial in The Journal of Psychiatric Research, in which physicians using Referenced-EEG (rEEG®) had success rates reaching 65 percent for patients with treatment-resistant depression.

To read more about the benefits this patented technology provides physicians, patients and insurers, please visit the CNS Response website, www.cnsresponse.com.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
Except for the historical information contained herein, the matters discussed are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These forward-looking statements involve risks and uncertainties as set forth in the Company’s filings with the Securities and Exchange Commission. These risks and uncertainties could cause actual results to differ materially from any forward-looking statements made herein.

Investors:
Marty Tullio
Managing Partner
McCloud Communications, LLC
949.553.9748
Email Contact

Filed Under: Facilities And Providers

Sacramento Maternal-Fetal Medicine Selects the SRS Hybrid EMR for Its Highly Specialized Providers

Posted on August 17, 2010 Written by Annalyn Frame

SOURCE: SRSsoft

Patient Care Focus of Hybrid EMR Meets Needs of High-Risk Pregnancy Group

MONTVALE, NJ–(Marketwire – August 17, 2010) – SRS, the leader in hybrid EMRs, today announced that Sacramento Maternal-Fetal Medicine (Sac MFM) has selected the productivity-enhancing SRS hybrid EMR for its high-risk pregnancy practice. With offices located in Sacramento and Chico, Sac MFM provides exceptional care to expectant women in Northern California.

“Our high-risk OB/GYN patients require complex care from our physicians and staff throughout their pregnancies,” says Lynn K. McLean, M.D., Sac MFM. “The SRS hybrid EMR allows us to deliver more complete care by freeing us to focus our time and energy on our patients. The advantages of SRS also extend beyond the walls of our practice. Having meticulously organized clinical information helps me to more quickly and more completely communicate with referring physicians, which in turn enables them to provide better care to our mutual patients.”

“We explored a wide spectrum of EMR solutions and it was clear that the SRS hybrid EMR would add the most value,” says Deborah Sennett, Administrator of Sac MFM. “One of the important benefits is malpractice risk management — we feel more confident in the protection that digitized, organized, and complete records will deliver in this regard.”

SRS was designed with direct input by its high-performance physicians to provide them with a system that fits their needs, helps them to work more efficiently, and enables them to achieve a rapid return on their investment. SRS, which has built the largest national network of high-performance practices that successfully use an EMR, attributes its unmatched adoption rate to ease of use, fast implementation, and an accelerated timeframe for training physicians and office staff.

“The SRS hybrid EMR provides an efficiency-enhancing solution to practices that do not want to be slowed down by unnecessarily complex point-and-click systems,” says Evan Steele, CEO of SRSsoft. “Sacramento Maternal-Fetal Medicine prides itself on delivering exceptional care to their high-risk patients. We are confident that our solution will enhance their ability to do so, and we are happy that they are part of the growing family of over 5,000 SRS users.”

About Sacramento Maternal-Fetal Medicine
Sacramento Maternal-Fetal Medicine Medical Group is the only comprehensive high-risk pregnancy medical group in the Sacramento region. For over 20 years, their physicians have provided care for women in Northern California, specializing in ultrasound, prenatal diagnosis, genetics, medical and surgical complications of pregnancy, as well as the management of multiple gestations (e.g. triplets, quadruplets). Visit them at: http://sacmfm.com.

About SRSsoft
SRS is the recognized leader in providing healthcare IT solutions to OB/GYN practices nationwide. The award-winning SRS hybrid EMR offers powerful and flexible solutions to the complex requirements of clinical workflows, patient care, and OB/GYN practice operations. Prominent OB/GYN groups overwhelmingly choose SRS because of its unique fit with the demands of their specialty. For more information on SRS, visit www.srssoft.com, e-mail [email protected], fax 201.802.1301, or call 800.288.8369.

Media Contact
Jeremy Duca
SRSsoft
800.288.8369
Email Contact

Filed Under: Facilities And Providers

This Week on ORLive: Surgical Treatments for Type 2 Diabetes

Posted on August 17, 2010 Written by Annalyn Frame

SOURCE: OR-Live, Inc.

New On-Demand and Live Surgery Video for the Week of August 16, 2010

WEST HARTFORD, CT–(Marketwire – August 17, 2010) –  ORLive, the vision of improving health, presents new video focusing on surgical options for type 2 diabetes, from NewYork-Presbyterian. In addition to these videos, ORLive invites you to take part in the latest installment of the Virtual Brain Tumor Board, and go back to school this month as your watch and learn from this month’s featured channel of medical education content.

NEW ON ORLIVE

NEW VIDEO – Surgical and Medical Treatments for Type 2 Diabetes
Premieres Tuesday, August 17, 2010 at Noon

Type 2 diabetes can lead to potentially deadly complications for many patients, but the team at NewYork-Presbyterian remains on the forefront of research and treatment innovations. Join Dr. Francesco Rubino, Chief, Gastrointestinal Metabolic Surgery at the Weill Cornell Medical Center, Dr. Judith Korner, from Columbia University Medical Center, and Dr. Louis Aronne, from the Weill Cornell Medical Center as they review the advancements that are being made and see what happens when gastric bypass surgery results in a possible remission of diabetes.

Viewers of this video are invited to interact with the team via the ORLive website, where you can also request a reminder to alert you when this video is available.

NEW CHANNEL – Sorin Group
With over 40 years of experience, Sorin Group is responsible for many of the innovations that have made heart valve replacement and repair among the safest and most effective procedures in the world today. ORLive invites you to watch and learn as Sorin presents video of many of these devices on the Sorin ORLive Channel. 

ORLIVE REFERRALS – Week of August 16, 2010
Each week ORLive highlights on-demand videos for our membership and visitors. 

Medical Education Referral: daVinci Prostatectomy Patient Education from Methodist University Hospital.

CME Referral: Critical Advances in the Evolving Science and Medicine of STEMI Management and High-Risk ACS from CMEducation Resources

Viewer’s Referral: Brain Mapping and Systems Biology from the International Brain Mapping and Interoperative Planning Society (IBMISPS)

HIGHLIGHTS

PREVIEW – Continuum® Acetabular System and Zimmer® M/L Taper with Kinectiv® Technology
Premieres Thursday, September 23, 2010 at 7PM EDT

On Thursday, September 23rd at 7 PM EDT Zimmer Medical Education will broadcast an ORLive Total Hip Arthroplasty featuring the Continuum Acetabular System and the Kinectiv Modular Neck Technology. The surgery will be performed by Dr. Mark Hartzband, Hartzband Center for Hip and Knee Replacement, L.L.C., Paramus, NJ and will be moderated by Dr. Paul Duwelius, St. Vincent Hospital, Portland, OR. The broadcast will last one hour and will show the entire surgical procedure. Following the live broadcast the surgery will be archived for future playback.

This opportunity allows for firsthand insight of the safe and effective implantation and surgical procedure involved with the Continuum® Acetabular System and the Zimmer® M/L Taper with Kinectiv® Technology.

This surgery video is available exclusively to members of the ORLive community, and members can interact and ask questions via the ORLive website. Learn more about this broadcast or get a reminder at ORLive.com, and be ready to view this exciting procedure by activating your free membership to ORLive today.

NOW ON-DEMAND – DePuy® Rotating Platform Revision Knee Replacement
Now Available On-Demand

Dr. Russ Nevins will performs a revision total knee replacement using the Sigma® TC3 RP and M.B.T. Revision Tray system from DePuy Orthopaedics, Inc. Moderated by Dr. William Barrett (Renton, WA), this video takes place from Spring Valley Hospital Medical Center in Las Vegas, NV. 

During the video, originally presented live, Dr. Nevins performs the revision total knee replacement surgery featuring the Sigma TC3 RP, a rotating platform knee implant design. This system helps diffuse loosening forces from the increased mechanical constraint typical in revision implant systems and offers surgeons enhanced fixation options through the use of metaphyseal sleeves on the femoral and tibial side. 

Viewers can still interact with the surgical team by submitting questions via the ORLive website. To learn more about this broadcast go to ORLive.com.

About ORLive
ORLive is the leading provider of video communication channels to the healthcare community. Working collaboratively with hospitals and device manufacturers, ORLive produces and distributes customized, interactive, video programs that demonstrate the latest advances in medicine, surgical techniques and product innovations. The ORLive broadcasting network provides an intimate look at over 650 live and on-demand surgeries to a global audience, streaming over 50,000 hours of programming each month. The ORLive network can be found on-line at www.ORLive.com.

Contact:
Bonnie Gergely
Communications Manager
(860) 953-2900
Email Contact

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Filed Under: Medical And Healthcare

Paradigm Names Dr. Albert Holt as Chief Medical Officer

Posted on August 17, 2010 Written by Annalyn Frame

SOURCE: Paradigm Management Services, LLC

Disease Management Leader and Critical Care Physician to Advance Next Phase of Growth

CONCORD, CA–(Marketwire – August 17, 2010) –  Paradigm Management Services, the nation’s leading provider of catastrophic medical management services, today announced the appointment of Albert E. Holt, IV, MD, MBA, to the role of Chief Medical Officer (CMO). Dr. Holt will join the senior management team and replace Paradigm’s previous CMO and widely respected founder, Nathan Cope, MD. Dr. Cope will remain an important resource for the company as Senior Medical Officer and Board Member.

As a medical executive, clinical physician and professor, Dr. Holt is well qualified to guide the company through a new phase of success. During his seven year term at Alere, Dr. Holt served as Senior Vice President for Care and Disease Management and was responsible for managing a high-performing team of medical directors and providing medical leadership for new product initiatives. During his time, Dr. Holt restructured the industry’s largest oncology case management program to incorporate new expertise and a blended model of onsite and telephonic case management.

“When forming a transition plan with Dr. Cope,” said Paradigm President Kevin Fleming, “it was critical to both of us that his replacement shares a history of directly treating critically injured patients. With Dr. Holt, we not only gain a clinical physician, but also a talented executive skilled in shaping the types of comprehensive medical management programs for which Paradigm is known.”

Dr. Holt is a board certified physician in internal medicine and critical care. He has faculty appointments to Harvard Medical School, Georgetown Medical School and the George Washington University School of Medicine and Health Sciences. He earned his medical degree from the University of Connecticut School of Medicine, and completed his residency in internal medicine at Vanderbilt University Medical Center and critical care fellowship at the National Institutes of Medicine. He further earned his MBA in Medical Management from Johns Hopkins University in 2007. He has actively practiced critical care medicine in the Washington, D.C., area since 2005.

“I look forward to joining the management team at Paradigm during this key point in time for the company,” said Dr. Holt. “With our market expanding beyond workers’ compensation and into general liability, the development of new service offerings will be important and an exciting opportunity for me personally. I support the vision and mission of Paradigm as they lead the way in applying medical expertise to catastrophic and complex cases, while setting benchmarks for clinical and utilization outcomes.”

About Paradigm Management Services, LLC

Paradigm Management Services provides acute and ongoing catastrophic and complex case management services for traumatic brain injuries, spinal cord injuries, amputations, burns, wounds and chronic pain. As the nation’s leading provider of complex and catastrophic medical management in the workers’ compensation industry, Paradigm achieves 5x better medical outcomes and lowers total costs by 36%. Paradigm accomplishes this by bringing together nationally recognized doctors and specialists, the best network of care facilities in the country, and nearly 20 years of clinical data to guide decisions. Case In Point Magazine recently presented Paradigm with the organization’s highest honor, a 2010 Case In Point Platinum Award for the nation’s best Workers’ Compensation Case Management Program. For more information, visit www.paradigmcorp.com.

Media Contact

Dana Wolfe
Email Contact
(925) 677-4843

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Filed Under: Medical And Healthcare

Kentucky Community Hospital Works Cost-Saving Wonders With Westbrook Fortis

Posted on August 17, 2010 Written by Annalyn Frame

SOURCE: Westbrook Technologies Incorporated

Marshall County Hospital Uses Document Management Software to Speed Administrative Processes

BRANFORD, CT–(Marketwire – August 17, 2010) – Westbrook Technologies, developer of Fortis™ and FortisBlue™ enterprise document management (EDM) software, today announced that Marshall County Hospital has implemented Fortis to cut costs with speedier accounts payable and billing processes, easier collaboration between departments, and less paper storage space.

“When I started looking at which document management system would be the best fit for us, the main goal was to save space and promote better overall organization in our new facility, which opened in March of 2009,” said Patrick Waters, director of Information Technology for Marshall County Hospital. “Previously, we had filing cabinets everywhere full of paper requiring time consuming search for patient documents.

“We started first using Fortis in our accounts payable and billing departments,” Waters continued. “Staff now scan documents to easily track and retrieve invoices and purchase orders. We also use it to archive and reconcile bank statements, and for year-end reporting.” The hospital’s business office also stores Explanation of Benefits (EOB) forms. They can now retrieve and view everything they need quickly when patients have questions saving time and providing superior customer service.

KeeFORCE, a systems integrator based in Paducah, KY, implemented the software. “KeeFORCE has been great,” said Waters. “They were able to ask the right questions to make sure the initial set up was done correctly. With other systems we looked at, you got a generic set of document types and databases, and you were stuck with them. Fortis was easy to customize to meet the hospital’s specific needs.”

Waters estimates that it took less than two months from their first meeting with KeeFORCE to employee training on the system.

Marshall County Hospital also uses Fortis in the admissions department to scan in driver’s licenses, insurance cards and doctor’s orders. Fortis is integrated with CPSI, the hospital’s Health Information System, which accesses patient data from Fortis, eliminating duplicate data entry. The hospital plans to roll out Fortis to their lab, radiology and respiratory departments to give them access to doctors’ orders online. The hospital will also start scanning in employee records and contracts as well as documents related to physician credentialing.

Fortis has helped with HIPAA compliance since the system defines who can access each document type and exactly what is stored in the system. “We have been very selective about who has access to confidential information,” Waters noted. The Fortis Audit Trail automatically records these activities adding a further layer of accountability.

“Community hospitals are on the front line when it comes to healthcare delivery,” said Einar Haukeland, president and CEO of Westbrook. “With Fortis, hospitals and other healthcare organizations can expedite administrative functions and reduce storage space. These cost savings and business process improvements can directly correlate with better patient care.”

About Marshall County Hospital
Marshall County Hospital is located in Benton, Kentucky. A staff of 25 physicians offers professional medical care and approximately 250 employees staff the Marshall County Hospital and Ambulance Service. The mission of Marshall County Hospital is to provide primary and certain specialty services with high quality care, concern, dedication and value in a cost-effective manner. Since 1964, the hospital has been dedicated to the improvement of facility, services and programs that meet the needs of our community while maintaining a standard of excellence in a friendly atmosphere.

About Westbrook Technologies
Westbrook Technologies provides document management software to businesses of all sizes, from departmental to enterprise-wide implementations, and across every vertical market. The Company is the developer of Fortis document management software, in use at thousands of customer sites worldwide, to capture, index, store and retrieve critical information from anywhere — instantly and securely. Its new FortisBlue product line is a Web-based, Rich Internet Application product easily accessible from most Internet browsers. For more information, call (203) 483-6666 or visit www.westbrooktech.com.

About KeeFORCE
KeeFORCE, a Westbrook Technologies Partner, is a service-oriented technology company dedicated to identifying and providing technology solutions that promote efficiency in the workplace while satisfying the unique needs of each client they serve. Established in 1998, KeeFORCE has built a reputation built upon a foundation of customer satisfaction as a result of its commitment to providing high quality technical service with enthusiasm and integrity. Learn more at www.keeforce.com.

Contact:
Joan Honig
Product Marketing Manager
Email Contact
203-483-6666. ext. 679

Filed Under: Medical And Healthcare

Survey Spotlights Need to Secure Patient Information From Unauthorized Access as Chief Healthcare IT Concern

Posted on August 17, 2010 Written by Annalyn Frame

SOURCE: Imprivata

LEXINGTON, MA–(Marketwire – August 17, 2010) – Imprivata®, Inc., the company that simplifies and secures access to patient information, today announced the results of its third annual online national survey that examines IT trends in healthcare. The 2010 Healthcare IT Survey polled hospitals across North America for input on securing patient health information, the move to electronic medical records (EMR) and the impact of clinician workflows on patient outcomes.

“More than one year after its passage, hospitals continue to be deeply concerned about their ability to meet deadlines imposed on them by the HITECH Act,” says Barry P. Chaiken, MD, CMO at Imprivata. “Organizations fear security breaches and unauthorized access to patient records, while trying to manage clinical transformation through the deployment of EMR systems to achieve improved care delivery and cost savings.”

Threat of Data Breaches and Negative Public Exposure Breed Real Fear
80 percent of respondents state that securing patient information from unauthorized access and data breaches is a top priority. In addition, 76 percent claim breach of confidential information or unauthorized access to clinical applications as their greatest security concerns. Yet, 38 percent still report they cannot track inappropriate access in accordance with the HITECH Act. Coupled with the fact that 76 percent of respondents are focused on investing in EMRs, this reinforces the need to protect patient health information. 

Hospitals desperately want to avoid making data breach headlines or being slapped with fines. Clearly healthcare organizations are worried about unauthorized access to patient health information, data breaches and meeting HITECH Act disclosure mandates. Therefore it is imperative that they safeguard patient information while maintaining a simple, yet robust system that helps them simplify compliance reporting and minimize negative public exposure. 

Keeping Physicians Happy is all about Workflow and Applications
Securing patient information continues to be critical for healthcare organizations. Patient information lives in applications that physicians and staff rely on each day, and they demand access to this information without disrupting their daily routines or forcing them to alter how they practice medicine. Despite advances in strong authentication, passwords remain the most popular form of application access security and more than 90 percent of respondents state that passwords and time to access patient data negatively impact physician satisfaction, which has a direct impact on patient care. 

Hospitals need to bridge the gap between clinician productivity and IT security. Understanding clinician workflow and dependence on applications to provide quality patient care, it is imperative that hospitals secure user access without re-engineering established clinician workflows.

The results of the 2010 Healthcare IT Survey demonstrate that hospitals across North America struggle to balance the need to secure patient information with the reality that it is not feasible to change well-established workflows. The repercussions of data breaches and exposure of patient information are clearly understood, and it is now squarely on healthcare organizations to both provide easy clinician access to patient information and enforce patient privacy –
 without compromising on either.

The survey polled 600 healthcare IT decision-makers across the U.S. and Canada. Full results and an executive summary of the 2010 Healthcare IT Survey can be downloaded or requested by email via [email protected].

About Imprivata
With more than 500 hospitals and one million healthcare users, Imprivata is the leading independent vendor focused on simplifying and securing access to electronic patient health information. By making patient data easily accessible, enforcing patient privacy and deploying transparent security, Imprivata’s Global Healthcare Division helps customers to improve clinician workflow while achieving the security standards they demand.

Imprivata has received numerous product awards and top review ratings from leading industry publications and analysts. Headquartered in Lexington, Mass., Imprivata partners with over 200 resellers, and serves the access security needs of more than 1,000 customers around the world. For more information, please visit www.imprivata.com.

Imprivata is a registered trademark of Imprivata, Inc. in the USA and other countries. All other product or company names mentioned are the property of their respective owners.

RSS Feed to Imprivata News: http://feeds.feedburner.com/ImprivataNews
Follow Imprivata on Twitter: https://twitter.com/Imprivata

Contacts:
Jen Ryan
Imprivata, Inc.
(860) 810-7238
Email Contact

Matt Flanagan
fama PR
(617) 758-4141
Email Contact

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Filed Under: Medical And Healthcare

Lerner Medical Introduces Levia(R) to Dermatology Professionals

Posted on August 17, 2010 Written by Annalyn Frame

SOURCE: Lerner Medical Devices, Inc.

LOS ANGELES, CA–(Marketwire – August 17, 2010) –  Lerner Medical Devices, Inc. (LMD) announces its continued support of professional dermatology meetings to introduce Levia®, a new class of ultraviolet (UVB) medical device. Levia provides Personal Targeted Phototherapy®, a safe and effective non-drug option for the self-treatment of scalp and small area psoriasis in the privacy and convenience of a patient’s home. In response to many inquiries, LMD is implementing a comprehensive program to inform dermatologists and dermatology nurses who are requesting additional information about Levia.

“We have received considerable interest in Levia, and we are pleased to be introducing it to hundreds of additional dermatology professionals over the next few months,” said John R. Lyon, Chief Executive Officer of LMD. “We are convinced that Levia will improve treatment effectiveness and convenience for psoriasis patients.”

Levia was demonstrated at both American Academy of Dermatology conventions this year, most recently at the Summer Meeting in Chicago, IL, August 4th-8th. Participation in other dermatology meetings included introduction of Levia at the Pacific Dermatologic Association’s 62nd Annual Meeting in Pasadena, CA, August 11th-14th and the Controversies and Conversations in Laser and Cosmetic Surgery Symposium in Carlsbad, CA, August 13th-15th.

Also, from September 24th-26th, Levia will be demonstrated to more than 200 dermatologists during the CalDerm Annual meeting in Santa Barbara, CA. The final 2010 meeting for Levia will be the Dermatology Nursing Institute (DNI) Annual Congress, October 6th-8th, in Las Vegas, NV.

All of the meetings are designed to educate attendees and introduce professionals to current and evolving research, as well as the newest advancements in technology to improve practice management skills and refine techniques.

For more information on Levia, Lerner Medical Devices, or any of the referenced professional meetings visit www.mylevia.com.

About Lerner Medical Devices, Inc.

Lerner Medical Devices (www.lernermedical.com) is focused on the use of ultraviolet B (UVB) phototherapy for self-treatment of psoriasis and other photo-responsive skin conditions. Levia® is the first of their Personal Targeted Phototherapy® products.

Levia® provides Personal Targeted Phototherapy® for the self-treatment of psoriasis in the privacy and convenience of a patient’s home. Levia incorporates easy to use software for physician control of dosimetry and includes two proprietary beam delivery attachments, the LiteBrush and LiteSpot, which ensure precise and safe delivery of therapeutic UVB light.

To learn more about Levia® and Lerner Medical, please visit www.mylevia.com.
Find Levia on Facebook: http://www.facebook.com/mylevia
Follow Levia on Twitter: http://www.twitter.com/mylevia
Follow Ask Nurse Linda on Tumblr: http://asknurselinda.tumblr.com

CONTACTS:

LERNER MEDICAL DEVICES, INC.
John R. Lyon
CEO
(0) 310.914.0091 x 7029
(M) 760 518 1132
Email Contact

Media:
QUANTUMMETHOD
Kelly Rice
(0) 310.601.4377 x 103
(M) 818.312.4006
Email Contact

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Filed Under: Medical And Healthcare

ChartWise: CDI Establishes OEM Relationship With MicroStrategy

Posted on August 17, 2010 Written by Annalyn Frame

SOURCE: ChartWise Medical Systems

New Alliance With Business Intelligence Leader to Provide ChartWise: CDI Customers With Detailed Data and Analysis Proving ROI

WAKEFIELD, RI–(Marketwire – August 17, 2010) –  ChartWise Medical Systems, Inc. (www.chartwisemed.com) is pleased to announce that it has established an OEM relationship with MicroStrategy (www.microstrategy.com), a leading worldwide provider of business intelligence software. ChartWise: CDI is a new software program that assists hospitals to improve clinical documentation to help maximize DRG-related reimbursements, reduce Medicare audit risk, and provide oversight and compliance. Through the MicroStrategy Business Intelligence platform, the ChartWise: CDI system will include a dashboard that will provide detailed reporting and comprehensive analysis of documentation data available in ChartWise: CDI. The dashboard will provide administrative users of ChartWise: CDI with access to key facility-wide financial and medical metrics and the data to measure improvement program effectiveness. In addition, customers will be free to analyze and present their data in a wide variety of formats. The new business intelligence functionality of ChartWise: CDI is an additional option that will be available by the end of 2010.

“By working with MicroStrategy we are bringing a new dimension and additional value to ChartWise: CDI. This new set of features will give hospital administrators the tools to go beyond our standard reporting package and drill down further into their data, which is very important given the challenges that many are facing,” said Dr. Jonathan Elion, creator of ChartWise: CDI. “Providing hospitals with the clinical documentation intelligence needed to maximize reimbursements and the tools by which to measure results uniquely positions ChartWise: CDI to help hospitals become more efficient.”

About ChartWise
ChartWise Medical Systems, Inc. based in Wakefield, RI, is a medical software firm and the developers of ChartWise: CDI and ChartWise: CDI Personal Edition, a hosted solution for clinical documentation improvement. ChartWise: CDI’s clinical intelligence expertise assists physicians and clinical documentation specialists with increased efficiencies and completeness of documentation, queries and work flow. Developed by renowned physician, Jon Elion, M.D., ChartWise: CDI is the only documentation software that translates clinical language used by physicians into accurate diagnostic language required for Medicare documentation. For more information, visit www.chartwisemed.com.

Filed Under: Medical And Healthcare

Xyntek Announces XyNexus(TM) Healthcare Integration Service to Transform Healthcare Information Technology (HIT) and EHR Environments

Posted on August 17, 2010 Written by Annalyn Frame

SOURCE: Xyntek, Inc.

YARDLY, PA–(Marketwire – August 17, 2010) –  Xyntek, Inc., a global leader in IT, automation and compliance solutions, today announces XyNexus™ Healthcare Integration Service, the consolidation of its healthcare IT services that address healthcare information technology (HIT) integration and development aspects, as well as electronic healthcare records (EHR) infrastructures. XyNexus™ is expected to be especially attractive to customers in pursuit of ARRA funding for implementation of Meaningful Use requirements.

The XyNexus™ Healthcare Integration Service team has the expertise to deliver on complex integration requirements involved in HIT planning, assessment, selection, implementation, roll-out, migration, and support of multiple healthcare information solutions as well as healthcare information exchanges (HIE).

“Our XyNexus™ Healthcare Integration Service methodology combines an ideal balance of tools, talents, techniques, and cost management. Healthcare IT organizations that are interested in creating and maintaining a dynamic HIT infrastructure have a reliable partner in Xyntek,” said Mac Hashemian, P.E., President and Chief Executive Officer of Xyntek Inc.

XyNexus™ Healthcare Integration Service manages such applications as:

  • Connectivity — Internal and External Systems
  • Data Migration — including analysis, definition, and optimization of requirements and system architecture
  • Healthcare Enterprise Application Integration
  • Healthcare Information Exchange
  • Laboratory Information Management
  • Regulatory Compliance Management
  • System-to-System Messaging / Brokering
  • Trading Partner Management
  • Transaction Processing
  • System Migration (ICD9 to ICD10)
  • User Authentication using Biometrics

Hospitals and medical providers rely on Xyntek’s advanced techniques and experienced staff to provide reliable and optimized integration services for the entire HIT lifecycle to ensure that they have well-designed, efficiently optimized technical environments. XyNexus™ Healthcare Integration Service implements technical excellence to ensure HIT implementations for hospitals and provider organizations are successful. Xyntek prides itself on improving healthcare processes by integrating solutions into existing and optimized workflows.

About Xyntek

Xyntek, a global leader in IT, Automation and Compliance solutions, has had its focus on healthcare information technology since its inception in 1986. Its veteran team of consultants have extensive healthcare information technology experience and provide advanced integration solutions for organizations focused on gaining visibility and access to data, working within aggressive timelines, internalizing healthcare processes and operations using external resources, and companies looking to integrate and consolidate data from multiple service providers and sources. Xyntek’s business is based on providing high-end technical services and solutions that allow customers to maximize the benefits of IT and Automation technologies, while adhering to compliance mandates. For more information, visit www.xyntekinc.com.

Media Contact:
Valerie Harding
Ripple Effect Communications
Tel: 617-536-8887
Email: Email Contact

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Filed Under: Medical And Healthcare

TrinityCare Senior Living, Inc. Announces Second Quarter Operating Results

Posted on August 17, 2010 Written by Annalyn Frame

SOURCE: TrinityCare Senior Living, Inc.

Revenues Rise 10% and Gross Profit Increases 12% vs. Prior-Year Period

FRIENDSWOOD, TX–(Marketwire – August 17, 2010) – TrinityCare Senior Living, Inc. (OTCBB: TCSR) (the “Company”), which develops, manages and owns faith-based senior living facilities, today announced its operating results for the second quarter of 2010. 

For the six months ended June 30, 2010, the Company reported gross revenues of $3,461,586, which represented an increase of 10% when compared with gross revenues of $3,141,804 in the six months of 2009. Gross profit totaled $2,200,112, compared with $1,847,555 for the six months ended June 30, 2009. The Company’s gross profit margin reflected 62% of gross revenue in the most recent six month period, versus 65% in same period of the prior-year. The Company reported a net loss of ($402,191), or ($0.03) per share for the six months ending June 30, 2010, versus a net loss of ($721,167), or ($0.47) per share, in the prior-year period.

“This represents our fifth consecutive quarter of revenue growth, when compared with prior-year periods,” stated Donald W. Sapaugh, Chairman and Chief Executive Officer of TrinityCare Senior Living, Inc. “Our occupancy rates remain stable, and with revenues increasing, we expect the Company’s operating results to improve as we focus on controlling expenses. Existing operations are critical to our long-term success, and we have devoted significant resources to ensuring that our financial metrics improve in coming quarters. During the most recent quarter we have expanded our services to include management of facilities which are not owned by TrinityCare and we expect continued growth in that segment of our business in the near future.”

About TrinityCare Senior Living, Inc.

TrinityCare is a rapidly growing company that develops, owns and manages quality senior living facilities that focus on enriching the faith of residents while providing state-of-the-art independent living, assisted living, memory care and adult day care services in a single location. The Company partners with local churches and developers for each facility and offers a wide range of both community and personal services to residents. 

Headquartered in Friendswood, Texas, the Company currently operates three successful facilities in Texas and Tennessee. Near-term expansion plans are focused upon markets in the Southeastern U.S. For additional information, please visit www.trinitycare.com.

(Financial Highlights Follow)

  June 30     December 31,  
  2010     2009  
  (unaudited)        
ASSETS              
Cash and Restricted Cash $ 255,136     $ 310,119  
Accounts receivable   42,925       155,892  
Prepaid expenses   406,251       408,585  
  Total Current Assets   704,312       874,596  
               
Property and equipment   17,104,620       17,092,195  
Accumulated depreciation   (2,882,581 )     (2,590,874 )
  Net property and equipment   14,222,039       14,501,321  
               
Loan costs   247,155       233,716  
Accumulated amortization   (24,822 )     (13,058 )
  Net loan costs   222,333       220,658  
Project development costs   164,790       151,032  
Deposits and reserves   161,325       155,326  
  Total other assets   548,448       527,016  
               
  Total Assets $ 15,474,799     $ 15,902,933  
LIABILITIES              
Accounts payable $ 694,655     $ 538,665  
Accrued expenses   640,863       528,461  
Deferred revenue   195,228       547,091  
Line of credit   76,814       76,972  
Current portion of long-term debt   6,338,813       6,200,167  
  Total Current Liabilities   7,946,373       7,891,356  
               
Mortgage   11,210,536       11,515,270  
Notes payable and other debt   1,578,530       1,432,402  
Derivative liability   292,232       299,091  
  Total Long-Term Liabilities   13,081,298       13,246,763  
  Total Liabilities   21,027,671       21,138,119  
Commitments and contingencies   –       –  
               
EQUITY (DEFICIT)              
Preferred stock, $.001 par, 20,000,000 authorized:              
  Preferred stock A: none and 2,500 issued and outstanding   0       3  
  Preferred stock B: 3,000 and 3,000 issued and outstanding   3       3  
Common stock: $.001 par, 480,000,000 authorized; 12,623,884 and 11,578,284 issued and outstanding   12,624       11,578  
Additional paid in capital   4,841,428       4,467,471  
Accumulated Deficit   (9,253,612 )     (8,851,421 )
               
Total TrinityCare Senior Living, Inc.’s Stockholders’ Equity (Deficit)   (4,399,557 )     (4,372,366 )
Noncontrolling interest   (1,153,315 )     (862,820 )
  Total Equity (Deficit)   (5,552,872 )     (5,235,186 )
               
  Total Liabilities and Equity $ 15,474,799     $ 15,902,933  
               
               
   
               

 

  June 30  
           
  2010     2009  
Revenues:              
  Resident revenue $ 3,374,946     $ 3,081,276  
  Management Fees   15,000          
  Publication revenue   71,640       60,528  
    Total Revenues   3,461,586       3,141,804  
               
Direct Costs              
  Direct labor   942,200       940,545  
  Direct costs of operations   319,274       353,704  
    Total Direct Costs   1,261,474       1,294,249  
               
Gross Profit   2,200,112       1,847,555  
               
Operating Costs:              
               
Selling, marketing and advertising   80,619       100,390  
  Publishing   58,103       71,151  
  Payroll expenses   884,205       699,554  
  General and administrative   160,158       108,065  
  Professional   169,958       165,036  
  Insurance   101,624       103,928  
  Rent and facility   468,756       472,659  
  Depreciation   291,707       311,372  
    Total operating expenses   2,215,130       2,032,155  
               
Operating income (loss)   (15,018 )     (184,600 )
               
  Interest expense   576.528       545.217  
  Loan origination fees   –       –  
  Gain on derivative   (6,859 )     (8,650 )
               
Net loss before noncontrolling interest   (584,685 )     (721,167 )
               
Noncontrolling interest in net loss   182,494          
               
Net Loss $ (402,191 )   $ (721,167 )
               
               
Loss per share, basic and diluted $ (0.03 )   $ (0.47 )
               
Basic and diluted weighted average number of common shares   11,915,575       1,536,173  
               

 

For Additional Information, Please Contact:

RJ Falkner & Company, Inc.
Investor Relations Counsel at (830) 693-4400
or via email at [email protected]

Filed Under: Medical And Healthcare

MMRGlobal, Inc. Reports Second Quarter 2010 Results

Posted on August 16, 2010 Written by Annalyn Frame

SOURCE: MMRGlobal, Inc.

LOS ANGELES, CA–(Marketwire – August 16, 2010) –  MMRGlobal, Inc. (OTCBB: MMRF) (jointly, “the Company” and “MMR”) (www.mmrglobal.com) today filed its quarterly statement for the six months ended June 30, 2010.

Revenues for the first six months from sales of the Company’s consumer and professional products, MyMedicalRecords, MyEsafeDepositBox and MMRPro, were up by 58.6% over 2009. Total sales for these products, including Deferred Revenue (the portion of the Company’s sales that is to be recognized monthly over the term of agreements with our customers), have increased by 94%. Total Revenues for the three months ended June 30, 2010, including the Company’s core products and licensing fees, were up by 21% as compared to 2009. Total sales for the same period, including Deferred Revenue, were up 60.7% as compared to 2009.

According to Ingrid Safranek, the Company’s Chief Financial Officer, “We reduced total liabilities by $2.4 million or 28.5%. In addition, we reduced Accounts Payable by $451 thousand or 15%. Although we disclosed an Accounts Payable balance of $2.5 million, $1.6 million of that balance is attributable to the reverse merger with Favrille, Inc. and only $272 thousand represents MMR trade payables necessary to operations. Accordingly, we maintain good relationships with our vendors.”

Safranek continued, “In the last quarter, we were able to issue equity in lieu of cash to reduce liabilities by $1 million. We plan on using our equity to further reduce liabilities and strengthen our balance sheet based on our vendors’ belief in the value of the Company. Our ability to issue equity for services has afforded us the opportunity to support sales of MMRPro and other advertising and marketing programs as well as continuing to exploit patent opportunities with our biotech assets. Only $1.2 million of our loss was cash-related. The remaining amount represents non-cash expenses driven by $5.6 million from the application of accounting principles to value derivative liabilities and equity as well as an additional $1.0 million from stock options, warrants and common stock issued for services. These warrants and stock options have enabled us to obtain services that a Company our size would not otherwise have been able to afford.”

According to Robert H. Lorsch, Chairman and CEO of MMRGlobal, “We are well on our way toward executing on our business plan to achieve a global footprint from which we will sell our proprietary line of Personal Health Record (www.mmrvideos.com) and MyEsafeDepositBox (www.myesafevideos.com) products and MMRPro professional medical record products and services (www.mmrprovideos.com). However, growing a technology company in health care costs money. Accordingly, we are incurring increasing costs necessary to our growth. For example, we are now deploying development teams both in the U.S. and China to support the UNIS-TongHe transaction.” 

“We are also expanding technical and development resources at home with increased staff in support of MMRPro,” said Lorsch. “This includes adding resources necessary to provide services that will meet meaningful use criteria and enable customers who use our products to qualify for government stimulus around the world. In addition, we are relocating our most experienced development resources to the U.S. from Nihilent headquarters in India to work with our management team and our customers directly.”

“Also, I plan on being in India in October for the launch of a Nihilent and MMRGlobal joint sales effort to small-sized health care professionals, hospitals and the government in India. At the same time, we are also increasing the size of our processing, hosting and IT infrastructure, adding more feature-rich facilities designed to reduce cost and increase scalability which should ultimately improve margins,” added Lorsch.

The Company has also begun the process of spending significantly more money on advertising, marketing and sales promotion using television (www.mmrontv.com) the web and through affiliate partnerships. An example is the “$25.00 Check-Up” refund program which launched on the Company’s MyMedicalRecords.com website today. 

MMR is also in the process of upgrading MMRPro (www.mmrprovideos.com), the Company’s professional document imaging and management system for health care professionals. For instance, recently added features enable forms to be customized to an existing office practice resulting in the ability to access customized forms from MMRPro on demand. As such, doctors are able to use the forms they use today and still continue to move toward meaningful use.

Additionally, the Company is working with several major hospital groups to help market MMRPro systems to doctors associated with these specific hospital groups. This is part of a program designed to help monetize MMRPro patient upgrades. Also, MMR is starting to call on physician offices in the United States through the Kodak nationwide reseller channel.

Patient upgrades enable health care professionals to take advantage of the MMRPro “Stimulus Program” (http://mmrvideos.com/stimulus). This program creates a revenue stream for physicians from patient upgrades. The Company believes that its Stimulus Program can generate more than twice the $44,000 in revenue for physicians than the government’s HITECH Act stimulus program in much less time.

The Company continues to actively explore opportunities with its pre-merger Favrille biotech assets. In association with GRSworldwide, MMRGlobal is working to bring its anti-CD20 monoclonal antibodies to market. These antibodies are potentially useful in treating B-Cell malignancies, including Non-Hodgkin’s Lymphoma (NHL) and additional B-Cell mediated conditions such as rheumatoid arthritis. MMR’s anti-CD20 antibody asset is potentially a candidate for a next generation of Rituximab, marketed under the trade name Rituxan® in the United States by Biogen Idec and Genentech (wholly owned member of the Roche Group) and under the name MabThera® by Roche in the rest of the world except Japan, where it is co-marketed by Chugai and Zenyaku Kogyo Co. Ltd. Rituxan/MabThera is one of the world’s most successful monoclonal antibodies with reported total sales in 2009 in excess of US$5.6 billion.

MMRGlobal also continues to pursue various national phase filings from the Patent Cooperation Treaty patent application directed to the anti-CD20 monoclonal antibodies, including in the United States, Australia, Brazil, Canada, China, Europe, India, Japan, South Korea and Mexico. The Company has further been addressing opportunities pertaining to intellectual property rights involving B and T cell vaccine technology relative to the FavID vaccine in various stages in the United States and foreign countries through its reverse merger with Favrille. MMRGlobal is also in the process of filing certain patents regarding numerous aspects of the FavID vaccine, a portion of which has been recently granted. 

The Company continues its activities in support of the launch of the Chartis-branded MyEsafeDepositBox product, which plans to provide MMR’s secure online virtual safe and Personal Health Record products and services to Chartis policyholders worldwide, while it further works with Chartis on opportunities to offer its products domestically as well.

Additionally, MMRGlobal is in active negotiations with one of the world’s largest financial institutions regarding the development of paperless loan processing and delivery solutions whereby loan documents can be delivered electronically through the Company’s MyEsafeDepositBox product, with resultant completed documents being filed in a permanent online MyEsafeDepositBox account.

“We are pursuing several Merger and Acquisition opportunities that could accelerate growth, expand the Company’s product line and enable us to offer more services consistent with criteria for meaningful use, specifically PHR and EMR related,” Lorsch added. “We have always intended to grow MMR into a much larger organization. However, it takes money and patience to grow a company. For example, Amazon went public in 1997, and had a net loss of $31 million, followed by a net loss of $125 million, and almost $720 million in 1998 and 1999, respectively. In their last annual report for the year ended 2009, they had net income of $902 million.”

About MMRGlobal, Inc.
MMR Global, Inc., through its wholly-owned operating subsidiary, MyMedicalRecords, Inc. (“MMR”), provides secure and easy-to-use online Personal Health Records (“PHRs”) and electronic safe deposit box storage solutions, serving consumers, healthcare professionals, employers, insurance companies, financial institutions, and professional organizations and affinity groups. MyMedicalRecords enables individuals and families to access their medical records and other important documents, such as birth certificates, passports, insurance policies and wills, anytime from anywhere using the Internet. The MyMedicalRecords Personal Health Record is built on proprietary, patented technologies to allow documents, images and voicemail messages to be transmitted and stored in the system using a variety of methods, including fax, phone, or file upload without relying on any specific electronic medical record platform to populate a user’s account. The Company’s professional offering, MMRPro, is designed to give physicians’ offices an easy and cost-effective solution to digitizing paper-based medical records and sharing them with patients in real time through an integrated patient portal. MMR is an Independent Software Vendor Partner with Kodak to deliver an integrated turnkey EMR solution for healthcare professionals. MMR is also an integrated service provider on Google Health. To learn more about MMR Global, Inc. and its products, visit www.mymedicalrecords.com and view the videos at www.mmrtheater.com.

Forward Looking Statement
Statements in this press release that are not strictly historical in nature constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results to be materially different from historical results or from any results expressed or implied by such forward-looking statements. Some can be identified by the use of words (and their derivations) such as “need,” “possibility,” “offer,” “development,” “if,” “negotiate,” “when,” “begun,” “believe,” “achieve,” “will,” “estimate,” “expect,” “maintain,” “plan,” and “continue,” or the negative of these words. Any comparisons made with other companies are for illustrative purposes only and do not imply any similar levels of growth, revenue, or income. Factors that could cause or contribute to such differences include, but are not limited to, the risk the Company’s products are not adopted or viewed favorably by the health care community; risks related to the current uncertainty and instability in financial and lending markets, including global economic uncertainties; variations in our quarterly operating results; timing and volume of sales and installations; length of sales cycles and the installation process; market acceptance of new product introductions; ability to establish and maintain strategic relationships; ability to identify and integrate acquisitions; relationships with licensees; competitive product offerings and promotions; changes in government laws and regulations and future changes in tax legislation and initiatives in the health care industry; undetected errors in our products; possibility of interruption at our data centers; risks related to third party vendors; risks related to obtaining and integrating third-party licensed technology; acceptance of the Company’s marketing and promotional campaigns; risks related to a security breach by third parties; maintaining, developing and defending our intellectual property rights including those pertaining to our biotechnology assets; risks associated with recruitment and retention of key personnel; uncertainties associated with doing business internationally across borders and territories; and additional risks discussed in the Company’s filings with the Securities and Exchange Commission. Additionally, we are a developing early-stage company and many variables can affect revenues and/or projections, including factors out of our control. The Company is providing this information as of the date of this release and, except as required by law, does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise. 

CONTACT:
Bobbie Volman
MMRGlobal, Inc.
(310) 476-7002, Ext. 2005
[email protected]

Michael Selsman
Public Communications Co.
(310) 553-5732
[email protected]

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Filed Under: Medical And Healthcare

IDBS Interim Results for the Six Months Ended 30 June 2010

Posted on August 16, 2010 Written by Annalyn Frame

LONDON, ENGLAND–(Marketwire – Aug. 16, 2010) – IDBS, the leading worldwide provider of data management and analytics solutions to R&D and healthcare organisations, announces that, as the result of continuing expansion, and growth in demand for its products and services, revenues for the six months ended 30 June 2010 rose by 20% on the same period of 2009 to $20.3 million, with profit before tax also growing strongly.

These results follow the excellent progress made in 2009, for which IDBS reported 12% revenue growth to $36.4 million, with the company sustaining healthy underlying profitability and margins and completing the cash acquisition of InforSense in June 2009.

Excluding the impact of InforSense, underlying revenue growth was well into double digits with underlying profit before tax significantly up on the first half of last year. This reflects growing and recurring revenues from existing customers as well as projects completed for new customers.

Revenue for the first half of 2010 benefited from a strong product performance in the company’s core pharmaceuticals market where organisations are seeking to improve the effectiveness of their business processes and the use of high-value data. Key to growth for the period was the implementation of significant projects, involving the E-WorkBook Suite, at a number of major companies for drug formulation and preclinical development, and at a contract manufacturer of biologics for process development improvement.

Software sales for the period grew by 44% on the first half of 2009 with maintenance revenues increasing by 13% and professional services by 25%.

Since the acquisition of InforSense, IDBS has established a leading position in the high-growth market of biomarker and personalised medicine research, recently winning a number of new contracts which will benefit the second half of 2010 and beyond. These include a significant engagement with Barts Hospital and the London NHS Trust to improve the understanding of cardiovascular disease in the UK.

“R&D companies and healthcare organisations recognise the strategic value of IDBS in process improvement projects, enhancing regulatory compliance and research collaboration,” commented Neil Kipling, founder and CEO of IDBS. “Our reputation and market leadership are based on our data management expertise and solutions combined with an unrivalled understanding of scientists, the R&D process and the needs of our customers. We are continuing to invest in the business and to strengthen our relationships with existing and new customers. As a result, we are confident that IDBS is on track to achieve its best ever financial performance in 2010 and to continue to make strong progress thereafter.”

During the period, IDBS was included in the 2010 ProfitTrack100 list of private companies, recognising the company’s long-term record of sustained, profitable growth.

About IDBS

IDBS is a unique, global supplier of innovative data management and first-in-class analytics solutions which increase efficiency, reduce costs and improve the productivity of Healthcare R&D organisations. Multinational pharmaceutical companies, major public-private healthcare partnerships, global leaders in academic study and high tech companies employ IDBS as a strategic supplier of scientific informatics and business process improvement solutions. IDBS is clearly differentiated from other providers by its unique combination of deep domain knowledge across the entire R&D sector: from the examination of the human genome at the scientist’s bench, through the clinic, to translational medicine initiatives and pay-for-performance healthcare monitoring. IDBS solutions support the protection of Intellectual Property and the requirements for data quality and security demanded under Good Laboratory Practice (GLP), Good Manufacturing Practice (GMP) and HL7 (Health Level) standards. IDBS improves organisational efficiency, releases the value stored in organisations’ R&D data assets and enables effective collaboration through secure scientific data sharing.

IDBS is a ProfitTrack 100 private company, founded in 1989 and headquartered in Guildford, UK. IDBS has worldwide consulting and support presence, with U.S. offices in California, New Jersey and Massachusetts, as well as the EU, Australia and China. Further information can be found at www.idbs.com.

Filed Under: Medical And Healthcare

Remedent Reports Profits in First Quarter

Posted on August 16, 2010 Written by Annalyn Frame

SOURCE: Remedent, Inc.

Remedent to Host a Conference Call to Discuss Results at 11 AM EST, Wednesday, August 18, 2010

DEURLE, BELGIUM–(Marketwire – August 16, 2010) –  Remedent, Inc. (OTCBB: REMI), an international company specializing in research, development, and manufacturing of oral care and cosmetic dentistry products, reported results for the first quarter ended on June 30, 2010 (in US Dollars).

Net sales for three months ended June 30, 2010 increased 62% to $3.4 million compared to $2.1 million for the same year ago quarter. The increase in sales was due to the inclusion of our Asian retail operations as well as the sale of First Fit.

Profit for the three months ended June 30, 2010 prior to outside shareholders participation totaled approximately $568 thousand compared with losses of $488 thousand for the same year ago quarter. Profits attributed to Remedent common stockholders for three months ended June 30, 2010 was $312 thousand compared to losses of $549 thousand for the same year ago quarter.

Cash and cash equivalents totaled $1.2 million at June 30, 2010 as opposed to $613 thousand as reported at March 31, 2010.

Management Commentary

“The shifting of our business model from wholesale (B2B) model via a distributor to a direct retail model is beginning to bear fruit as previously mentioned during prior conference calls. During the current quarter we included our retail Asian operations of approximately $600 thousand in gross revenues as we are continuing to open new Spa locations in both Europe and Asia during the next quarter and in the remainder of our financial year. Sales in all our Spa locations continue to exceed our expectations as sales continue to climb,” said Guy De Vreese the CEO of Remedent.

Conference Call Information

Remedent will host a conference call on Wednesday, August 18, 2010 at 11:00 a.m. Eastern Standard time (8:00 a.m. Pacific time) to discuss these results and its strategic plans for the future. A question and answer session will follow management’s presentation. To participate in the call, dial the appropriate number 5-10 minutes prior to the start time.

Date: Wednesday, August 18, 2010
Time 11:00 a.m. Eastern time (8:00 a.m. Pacific time).
Dial in number: 888-765-5547
Passcode: 4258061

The replay of the call will be available through September 15, 2010. The dial in number for the replay is 888-203-1112 and the replay pass code is 4258061

About Remedent

Remedent, Inc. specializes in the research, development, manufacturing and marketing of oral care and cosmetic dentistry products. The company serves professional dental industry with breakthrough technology for dental veneers. These products are supported by a line of professional veneer whitening and teeth sensitivity solutions. Headquartered in Belgium, Remedent distributes its products to more than 35 countries worldwide. For more information, go to www.remedent.com.

Statement under the Private Securities Litigation Reform Act of 1995
Statements in this press release that are “forward-looking statements” are based on current expectations and assumptions that are subject to risks and uncertainties. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause Remedent’s actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as “believes,” “belief,” “expects,” “expect,” “intends,” “intend,” “anticipate,” “anticipates,” “plans,” “plan,” “projects,” “project,” to be uncertain and forward-looking. Actual results could differ materially because of factors such as Remedent’s ability to achieve the synergies and value creation contemplated by the proposed transaction. For further information regarding risks and uncertainties associated with Remedent’s business, please refer to the risk factors described in Remedent’s filings with the Securities and Exchange Commission, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q.

    For the three months ended June 30, 
    2010     2009  
             
Net sales   $ 3,436,759     $ 2,160,803  
Cost of sales     914,337       1,096,007  
  Gross profit     2,522,422       1,064,796  
Operating Expenses                
    Research and development     65,545       26,598  
    Sales and marketing     512,976       350,935  
    General and administrative     1,152,712       1,042,764  
    Depreciation and amortization     201,202       173,444  
  TOTAL OPERATING EXPENSES     1,932,435       1,593,741  
INCOME (LOSS) FROM OPERATIONS     589,987       (528,945 )
OTHER (EXPENSES) INCOME                
    Interest expense     (54,891 )     (24,647 )
    Other income     38,860       65,998  
  TOTAL OTHER (EXPENSES) INCOME     (16,031 )     41,351  
                 
NET INCOME (LOSS) BEFORE TAXES AND NON-CONTROLLING INTEREST     573,956       (487,594 )
                 
INCOME TAXES     (6,229 )     —  
NET INCOME (LOSS) BEFORE NON-CONTROLLING INTEREST     567,727       (487,594 )
                 
LESS: NET INCOME ATTRIBUTABLE TO THE NON-CONTROLLING INTEREST     255,577       61,838  
                 
NET (LOSS) INCOME ATTRIBUTABLE TO REMEDENT, INC. Common Stockholders   $ 312,150     $ (549,432 )
                 
INCOME (LOSS) PER SHARE                
  Basic   $ 0.02     $ (0.03 )
  Fully diluted   $ 0.01     $ (0.03 )
                 
WEIGHTED AVERAGE SHARES OUTSTANDING                
  Basic     19,995,969       19,995,969  
  Fully diluted     33,595,242       32,702,274  
Net Income (Loss) Attributable to Remedent Common Stockholders   $ 312,150     $ (549,432 )
                 
OTHER COMPREHENSIVE INCOME (LOSS):                
  Foreign currency translation adjustment     (177,648 )     57,568  
                 
TOTAL OTHER COMPREHENSIVE (LOSS) INCOME     134,502       (491,864 )
                 
LESS: COMPREHENSIVE INCOME ATTRIBUTABLE TO NON-CONTROLLING INTEREST     (15,865 )     42,248  
                 
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO REMEDENT Common Stockholders   $ 150,367     $ (534,112 )
    June 30, 2010     March 31, 2010  
    (unaudited)        
ASSETS            
CURRENT ASSETS:            
Cash and cash equivalents   $ 1,196,888     $ 613,466  
  Accounts receivable, net of allowance for doubtful accounts of $59,608 at June 30, 2010 and $65,845 at March 31, 2010     1,982,826       806,931  
Inventories, net     1,850,892       2,161,692  
Prepaid expenses     938,396       920,487  
  Total current assets     5,969,002       4,502,576  
PROPERTY AND EQUIPMENT, NET     1,553,783       1,735,719  
OTHER ASSETS                
Long term investments and advances     750,000       750,000  
Patents, net     220,314       246,992  
Goodwill     699,635       699,635  
  Total assets   $ 9,192,734     $ 7,934,922  
LIABILITIES AND STOCKHOLDERS’ EQUITY                
CURRENT LIABILITIES:                
Current portion, long term debt   $ 163,784     $ 215,489  
Line of Credit     1,887,063       674,600  
Accounts payable     1,724,827       1,932,684  
Accrued liabilities     486,298       491,536  
Due to related parties     265,857       268,484  
  Total current liabilities     4,527,829       3,582,793  
Long term debt less current portion     458,236       425,882  
  Total liabilities     4,986,065       4,008,675  
                 
EQUITY:                
REMEDENT, INC. STOCKHOLDERS’ EQUITY                
  Preferred Stock $0.001 par value (10,000,000 shares authorized, none issued and outstanding)     —       —  
  Common stock, $0.001 par value; (50,000,000 shares authorized, 19,995,969 shares issued and outstanding at June 30, 2010 and March 31, 2010)     19,996       19,996  
    Treasury stock, at cost; 723,000 shares at June 30, 2010 and March 31, 2010     (831,450 )     (831,450 )
Additional paid-in capital     24,843,651       24,742,201  
Accumulated deficit     (19,253,792 )     (19,565,943 )
Accumulated other comprehensive (loss) (foreign currency translation adjustment)     (827,707 )     (650,059 )
Obligation to issue shares     97,500       97,500  
  Total Remedent, Inc. stockholders’ equity     4,048,198       3,812,245  
Non-controlling interest     158,471       114,002  
  Total stockholders’ equity     4,206,669       3,926,247  
  Total liabilities and equity   $ 9,192,734     $ 7,934,922  

Stephen Ross
310 922 5685
[email protected]

Filed Under: Medical And Healthcare

Indianapolis Medical Society Forms Strategic Partnership With iSALUS Healthcare to Provide Members With EMR-EHR Software Systems

Posted on August 16, 2010 Written by Annalyn Frame

SOURCE: iSALUS Healthcare

INDIANAPOLIS, IN–(Marketwire – August 16, 2010) – iSALUS Healthcare, one of the country’s top web-based electronic medical records (EMR-EHR) software and medical practice management software companies that serves small and medium sized physician practices, today announced a newly formed strategic partnership with the Indianapolis Medical Society (IMS). Through this exclusive endorsement, iSALUS will offer discounted electronic medical records (EMR-EHR) and practice management software subscriptions to more than 2,000 IMS members.

As part of the strategic partnership, iSALUS will offer Indianapolis Medical Society members a pre-negotiated discount for subscriptions to its entire suite of services. These include medical office and practice management software (billing, collections, scheduling, rounds, dictation, charge capture, automated workflow) and electronic medical and health records software (electronic charting, lab interfaces, e-prescribing, automated letters, integrated faxing and document management technology). In addition to software, iSALUS also will provide IMS members with localized training, technical support and customer service.

“The Indianapolis Medical Society is pleased to strengthen our relationship with iSALUS. The company has demonstrated proven leadership in EMR-EHR and practice management software. One of our goals as an organization is to continue to offer practice enhancement opportunities to our physician members; this partnership allows us to do just that,” said John C. Ellis, MD. “Additionally, iSALUS allows our members to purchase individual modules for their medical practices, making the transition to EMR-EHR technology as simple or as diverse as a member requires. We have hands-on experience as to how well the iSALUS EMR-EHR software works since we have used it since 2004 for the IMS Foundation’s Project Health, our outreach initiative for the uninsured residents of Marion County.”

The Indianapolis (Marion County) Medical Society was founded in 1848 and has more than 2,100 members representing approximately 67 percent of the physicians in the greater Indianapolis area. It is a professional membership organization for licensed Doctors of Medicine and Doctors of Osteopathy. The IMS is a component of the Indiana State Medical Association and the American Medical Association. For more information, please visit: www.imsonline.org.

“iSALUS has been an associate member of the Indianapolis Medical Society since 2003,” commented Michael Hall, president and founder of iSALUS Healthcare. “We are proud to contribute to the advancement of the medical industry and to IMS’ members’ success. Our EMR-EHR and practice management software is ideal for IMS’ membership base which is comprised of primarily small to mid-sized physician practices. Through this partnership we will be able to help members achieve Meaningful Use of electronic health and medical records (EMR-EHR), as well as increase the efficiency of their practices and improve patient care.”

About iSALUS Healthcare
Founded in 2000 and headquartered in Indianapolis, iSALUS Healthcare offers web-based, mobile-optimized EMR-EHR and practice management software solutions exclusively for small to medium sized physician practices, healthcare offices and medical clinics. Its proven suite of easy-to-learn and easy-to-use applications is accessible from any Internet connection and provided at an affordable monthly fee. iSALUS includes unlimited technical support and customer service with all of its software subscriptions. Throughout its history, the company has served thousands of doctors and practice managers across the country. For more information, please visit www.isalushealthcare.com or call 888.280.6678.

Filed Under: Medical And Healthcare

Healthcare Payers Get a Lower Cost Complete Solution to Satisfy IRS Regulations for 1099 Filing

Posted on August 16, 2010 Written by Annalyn Frame

SOURCE: W9 Corrections

CHARLOTTE, NC–(Marketwire – August 16, 2010) – Healthcare payers will now be able to reduce expenses and time spent on meeting the IRS requirements for 1099 filing and subsequent W9 requests with W9 Corrections, Inc.‘s “1099 Solution.” Gerard Szatkowski, President of W9 Corrections, Inc., a subsidiary of Bases Loaded, Inc., announced this new offering that promises to alleviate one of the more troublesome problems for Healthcare Payers.

“All Payers realize the need for the IRS to receive accurate information on the payments they make,” said Szatkowski. “The real issue is the amount of time and effort required to meet the IRS requirements and avoid large penalties. With new regulations that add more requirements to Payers in meeting their 1099 filing obligations, payers are even more anxious. After listening to our clients’ pleas we are excited to release our proactive 1099 Solution.”

Through its work with Provider records, W9 Corrections developed a proactive product that will eliminate errors in required 1099 filings. W9 Corrections spent 10 years in research and development on the 1099 Solution product that takes the entire 1099 workload away from the Healthcare Payer and allows them to focus on the business of Healthcare.

About W9 Corrections

W9 Corrections is a subsidiary of Bases Loaded, Inc. Founded in 1999 and headquartered in Charlotte, NC, Bases Loaded is a database management company solely focused on healthcare provider information. BLI has focused on the health and dental insurance markets since their inception. BLI specializes in helping Healthcare payers manage Provider data in the claims process. W9 Corrections can be reached at (704) 424-9889, www.w9corrections.com.

W9 Corrections
(704) 424-9889
www.w9corrections.com

Filed Under: Facilities And Providers

Third Quarter EPS Increase 25% at Access Plans, Inc.

Posted on August 16, 2010 Written by Annalyn Frame

SOURCE: Access Plans, Inc.

New Marketing Strategies Designed to Address Opportunities Created by Healthcare Reform Act

NORMAN, OK–(Marketwire – August 16, 2010) – Access Plans, Inc. (OTCBB: APNC), a leading membership benefits marketing company, today announced its operating results for the third quarter and first nine months of FY2010. An investor conference call is scheduled for 11:30 a.m. EDT today, August 16, 2010 (see details below).

Third Quarter Results

Revenues for the three months ended June 30, 2010 increased 3% to approximately $14.4 million, compared with approximately $14.0 million in the third quarter of FY2009. Operating income increased 7% to $1.34 million, versus $1.26 million in the prior-year period.

Net income for the third quarter of FY2010 improved to $0.95 million, which represented an increase of 10% when compared with net income of $0.86 million in the year-earlier quarter. Earnings per share, fully diluted, increased 25% to $0.05, versus $0.04 in last year’s third quarter. The number of weighted average diluted shares outstanding approximated 19.8 million during the most recent quarter, compared with 21.6 million shares in the third quarter of FY2009. The decrease in the weighted average number of diluted shares outstanding resulted from the Company’s repurchase in the first quarter of FY2010.

“I am confident that we are taking the steps necessary to grow our revenues and earnings on a long-term basis,” commented Danny Wright, Chief Executive Officer of Access Plans, Inc. “The Wholesale Plans division generated a 15% increase in revenues during the most recent quarter, reflecting increased customer participation at existing locations, along with an increase in the number of locations offering our plans. The Retail Plans division’s growth continues to more than offset the revenue losses from the run-off of legacy programs that we inherited following the acquisition of Access Plans USA in April 2009. We are also investing in new product offerings and marketing strategies in the Retail Plans division. Meanwhile, we continue to work on transitioning the Insurance Marketing division’s sales mix from its previous emphasis on major medical policies towards innovative solutions that combine supplemental and life products with major medical sales. We believe this new approach, which was prompted by certain aspects of the Healthcare Reform Act, should maintain commission income for agents, while improving the division’s operating margins. We are in the final stages of designing this new supplemental offering, and rollout is scheduled for the first quarter of Fiscal 2011.”

Wholesale Plans

Revenues at the Wholesale Plans division increased 15% to $5.8 million in the most recent quarter, versus $5.0 million in the prior-year period. The increase was attributable to improved sell-through at existing locations, as well as the addition of new accounts. Gross margin doubled to $1.8 million, compared with $0.9 million a year earlier, due to the revenue increase and a reduction in involuntary unemployment waiver expenses resulting from lower levels of national unemployment. Operating income at the division increased 169% to $1.4 million, versus $0.5 million in the prior-year period. 

Retail Plans

Revenues at the Retail Plans division in the third quarter of FY2010 increased 9% to $4.9 million, prior to inter-company eliminations, versus $4.5 million in the prior-year period. The increase was attributable primarily to investments in new programs that offset revenue declines in the legacy business. Gross margins decreased $0.6 million due to upfront sales and marketing costs associated with a new product rollout. The division’s operating income declined to $0.4 million in the third quarter of FY2010, versus $0.9 million in the third quarter of FY2009, as a result of expenses related to a new product rollout, as discussed above.

Insurance Marketing

Insurance Marketing division revenues decreased to $5.0 million, versus $5.7 million in the third quarter of FY2009. The decline was due in large part to the exit of two major medical carriers from the market. Operating income (loss) decreased to ($0.05 million), versus $0.1 million in last year’s third quarter. As discussed above, due to the recent passage of the Health Care Reform Act, our Insurance Marketing division, AHCP, will shift its product mix over the next several quarters to emphasize association-based supplemental insurance products and membership plans offered in conjunction with individual health insurance policies.

Nine-Month Results

Revenues for the nine months ended June 30, 2010 increased 61% to approximately $41.1 million, compared with approximately $25.5 million in the first nine months of FY2009. Operating income increased 35% to $4.2 million, versus $3.1 million in the prior-year period.

Net income for the first nine months of FY2010 increased to $2.6 million, which represented an improvement of 20% when compared with net income of $2.1 million in the corresponding period of the previous fiscal year. On a diluted per-share basis, earnings remained at $0.13 for the nine months ended June 30, 2010 and 2009. The number of weighted average diluted shares outstanding increased to 20.1 million during the first nine months of FY2010, versus 16.5 million in the year-earlier period. 

Other Matters

Cash, cash equivalents and restricted cash totaled $5.1 million at June 30, 2010, versus $4.6 million at September 30, 2009. The modest increase resulted from a $1.0 million note payoff in the second fiscal quarter and higher upfront sales commissions on a new product in the Retail Plans division. The Company has no long-term debt outstanding. Meanwhile, stockholders’ equity has increased 33% from $10.2 million on June 30, 2009 to $13.6 million on June 30, 2010.

Conference Call and Webcast Information

Access Plans will host a conference August 16, 2010 at 11:30 a.m. EDT. To access the conference call, please dial 877-317-6789 (U.S.) or 412-317-6789 (international) and ask to be placed into the “Access Plans” conference call. The conference call will also be available via “live” webcast under the Investor Relations section of the Company’s website at www.accessplans.com, or by visiting http://www.videonewswire.com/event.asp?id=71766 to access the webcast directly.

A replay of the conference call will be available through August 24, 2010 and can be accessed by dialing 877-344-7529 (U.S.) or 412-317-0088 (international) and entering the conference ID number 443633. An archived version of the webcast will also be available under the Investor Relations section of the Company’s website at www.accessplans.com.

About Access Plans, Inc.

Access Plans, Inc. (OTCBB: APNC) is a leading membership benefits marketing company with two distribution channels. The Wholesale/Retail Plans distribution channel specializes in turnkey, private-label membership benefit plans that provide discount products and services, protection benefits and retail services to more than one million customers in the United States and Canada. America’s Health Care Plans (AHCP), the Company’s Insurance Marketing distribution channel, is one of the nation’s largest independent agent networks and provides major medical, life and supplemental insurance products to individuals. For more information, please visit: www.accessplans.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act:

This press release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, Section 27A of the Securities Act of 1933, as amended and pursuant to the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may relate to financial results and plans for future business activities, and are thus prospective. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are competitive pressures, loss of significant customers, the mix of revenue, changes in pricing policies, delays in revenue recognition, lower-than-expected demand for the Company’s products and services, general economic conditions, and the risk factors detailed from time to time in the Company’s periodic reports and registration statements filed with the Securities and Exchange Commission. Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and the Company assumes no responsibility for updating such forward-looking statements after the date of this release.

   
   
Access Plans, Inc.  
Consolidated Statements of Operations  
(Unaudited and dollars in thousands, except earnings per share)  
                                     
                                     
    For the Three Months Ended June 30,     For the Nine Months Ended June 30,  
    2010     2009     Change     2010     2009     Change  
Net revenues   $ 14,371     $ 13,960     $ 411     $ 41,134     $ 25,514     $ 15,620  
Direct costs     10,130       9,811       319       28,390       16,786       11,604  
Gross profit     4,241       4,149       92       12,744       8,728       4,016  
Operating expenses     2,899       2,892       7       8,505       5,592       2,913  
Operating income     1,342       1,257       85       4,239       3,136       1,103  
Net other income (expense)     (19 )     303       (322 )     20       217       (197 )
Provision for income taxes, net     375       698       (323 )     1,679       1,205       474  
Net income   $ 948     $ 862     $ 86     $ 2,580     $ 2,148     $ 432  
Per Share Data:                                                
  Basic   $ 0.05     $ 0.04       0.01     $ 0.13     $ 0.13     $ (0.00 )
  Diluted   $ 0.05     $ 0.04       0.01     $ 0.13     $ 0.13     $ (0.00 )
                                                 
Average Shares Outstanding:                                                
  Basic     19,777       21,634       (1,857 )     19,954       16,529       3,425  
  Diluted     20,009       21,636       (1,627 )     20,134       16,534       3,600  
                                                 
                                                 
      For the Three Months Ended June 30,       For the Nine Months Ended June 30,  
      2010       2009       Change       2010       2009       Change  
Segment net revenues                                                
  Wholesale Plans   $ 5,764     $ 5,021     $ 743     $ 16,539     $ 14,707     $ 1,832  
  Retail Plans     4,883       4,479       404       12,893       8,723       4,170  
  Insurance Marketing     5,017       5,653       (636 )     15,441       5,653       9,788  
  Eliminations     (1,293 )     (1,193 )     (100 )     (3,739 )     (3,569 )     (170 )
    $ 14,371     $ 13,960     $ 411     $ 41,134     $ 25,514     $ 15,620  
                                                 
                                                 
      For the Three Months Ended June 30,       For the Nine Months Ended June 30,  
      2010       2009       Change       2010       2009       Change  
Segment operating income                                                
  Wholesale Plans   $ 1,364     $ 508     $ 856     $ 2,584     $ 1,856     $ 728  
  Retail Plans     359       860       (501 )     2,239       1,863       376  
  Insurance Marketing     (49 )     114       (163 )     275       114       161  
  Corporate     (332 )     (225 )     (107 )     (859 )     (697 )     (162 )
    $ 1,342     $ 1,257     $ 85     $ 4,239     $ 3,136     $ 1,103  

 

         
         
Access Plans, Inc.
Condensed Consolidated Balance Sheets
(Unaudited and dollars in thousands)
         
         
        September 30,
        2009
    June 30,   (Derived From
    2010   Audited
    (Unaudited)   Statements)
         
         
Total current assets   $ 16,276   $ 15,270
Total assets   $ 25,033   $ 25,973
Total current and long term liabilities   $ 11,451   $ 14,479
Total stockholders’ equity   $ 13,582   $ 11,494
Total liabilities and stockholders’ equity   $ 25,033   $ 25,973

Contact:
Access Plans, Inc.
Robert Hoeffner
405-579-8525
[email protected]

Filed Under: Facilities And Providers

James Lee Witt Named Senior Advisor at Zimek Technologies, Industry Leader in Infection Control and Biohazard Remediation

Posted on August 16, 2010 Written by Annalyn Frame

SOURCE: Zimek Technologies

TAMPA, FL–(Marketwire – August 16, 2010) –  Zimek Technologies (www.zimek.com) is pleased to announce today the addition of James Lee Witt, Chief Executive Officer of Witt Associates, as Senior Advisor at Zimek, the industry leader in infection control and biohazard remediation systems. Witt was Cabinet-level Director of FEMA (Federal Emergency Management Agency) during the Clinton Administration.

As a Senior Advisor to Zimek Technologies, Witt will work closely with Advisory Board members including former Illinois State Senate President Emil Jones Jr.; Dr. Brad Spellberg, infectious disease specialist at the David Geffen School of Medicine at UCLA and Harbor-UCLA Medical Center; Dr. Peder Bo Nielsen, consultant in Microbiology with the United Kingdom’s North West London NHS Trust; and Dr. Lindsey Shaw, Assistant Professor of Molecular Microbiology at the University of South Florida.

“Zimek Technologies is thrilled to have James Lee Witt join our team,” stated Kurt Grosman, CEO of Zimek. “Having Mr. Witt onboard is a testament to the effectiveness of our products and the need for stronger decontamination protocols. He will provide unprecedented leadership in the growth of our company.” Zimek’s sophisticated three-dimensional touch-less decontamination technology is being implemented in many facilities nationwide to effectively prevent the spread of deadly viruses and bacteria.

Witt’s firm recently joined the support and recovery operations of Gulf Coast communities in the wake of the oil and gas spill in the Gulf of Mexico. Witt currently serves as a Special Advisor to the State of Louisiana, assisting with the nation’s largest long-term recovery effort in the aftermath of Hurricanes Katrina and Rita.Witt Associates, a public safety and crisis management consulting firm based in Washington D.C., focuses on disaster recovery and mitigation management services to state and local governments, educational institutions, the international community and corporations.

“There must be a stronger focus on prevention of infection, not just remediation after the infection occurs,” Witt added. “Decontamination can play a larger role in our efforts to combat deadly viral and bacterial infections, and is giving us a powerful new tool in the arsenal to fight biohazard attacks.”

Zimek Technologies, based in Tampa, Florida, has been developing and marketing its patented automatic Micro-Mist® decontamination technologies for more than five years. Zimek’s industry-leading technologies are used by the U.S. Department of Homeland Security, fire and EMS departments, healthcare facilities, public health agencies, transit systems, correctional facilities, and local law enforcement agencies across America.

Bob Mazza
310-994-4847
[email protected]

Filed Under: Facilities And Providers

This Week on ORLive: Live Broadcast of a Revision Knee Replacement and Introducing a New Channel From Sorin Group

Posted on August 13, 2010 Written by Annalyn Frame

SOURCE: OR-Live, Inc.

New On-Demand and Live Surgery Video for the Week of August 9, 2010

WEST HARTFORD, CT–(Marketwire – August 13, 2010) –  ORLive, the vision of improving health, presents a live broadcast of a revision knee replacement presented by DePuy. This week ORLive welcomed Sorin Group, and you can view their library of prosthetic heart valves and repair device videos on the Sorin ORLive Channel. In addition to these videos, ORLive invites you to take part in the latest installment of the Virtual Brain Tumor Board, and go back to school this month as your watch and learn from this month’s featured channel of medical education content.

NEW ON ORLIVE

LIVE SURGERY VIDEO – DePuy® Rotating Platform Revision Knee Replacement
Live August 12, 2010, 7:00 PM

Dr. Russ Nevins will perform a revision total knee replacement using the Sigma® TC3 RP and M.B.T. Revision Tray system from DePuy Orthopaedics, Inc. The broadcast will be moderated by Dr. William Barrett (Renton, WA). This broadcast will take place from Spring Valley Hospital Medical Center in Las Vegas, NV. 

At 4PM Pacific (7PM EDT), Dr. Nevins will perform the revision total knee replacement surgery featuring the Sigma TC3 RP, a rotating platform knee implant design. This system helps diffuse loosening forces from the increased mechanical constraint typical in revision implant systems and offers surgeons enhanced fixation options through the use of metaphyseal sleeves on the femoral and tibial side. 

Viewers are invited to interact with the surgical team by submitting questions via the ORLive website. To learn more about this broadcast and to sign up for an e-mail reminder go to ORLive.com.

NEW CHANNEL – Sorin Group
With over 40 years of experience, Sorin Group is responsible for many of the innovations that have made heart valve replacement and repair among the safest and most effective procedures in the world today. ORLive invites you to watch and learn as Sorin presents video of many of these devices on the Sorin ORLive Channel. 

ORLIVE REFERRALS — Week of August 9, 2010
Each week ORLive highlights on-demand videos for our membership and visitors. 

Medical Education Referral: Innovations in Transcatheter Valve Therapies from NewYork-Presbyterian.

CME Referral: New Frontiers in the Science and Medicine of Venous Thromboembolism from CMEducation Resources

Viewer’s Referral: New Options for Advanced Heart Disease from Montefiore Medical Center

HIGHLIGHTS

PREVIEW – Surgical and Medical Treatments for Type 2 Diabetes
Premieres Tuesday, August 17, 2010 at Noon

Type 2 diabetes can lead to potentially deadly complications for many patients, but the team at NewYork-Presbyterian remains on the forefront of research and treatment innovations. Learn what advancements are being made and see what happens when gastric bypass surgery results in a possible remission of diabetes. Don’t miss “Surgical and Medical Treatments for Type 2 Diabetes,” August 17th at Noon.

Viewers of this video are invited to interact with the team via the ORLive website, where you can also request a reminder to alert you when this video is available.

NOW ON-DEMAND — EVOLUTION™ Medial-Pivot Knee System
Now Available On-Demand

Designed to replicate the function of a normal knee, the EVOLUTION™ Medial-Pivot Knee is one of the newest total knee systems on the market. This surgery was performed by Dr. David DeBoer, and he answered questions from the audience during the broadcast. Learn the latest on the knee system that was built utilizing state-of-the-art design and manufacturing technologies…don’t miss “EVOLUTION™ Medial-Pivot Knee System.”

This surgery video is available to members of the ORLive community, and members can still interact and ask questions via the ORLive website. Learn more about this broadcast at ORLive.com, and view this exciting procedure by activating your free membership to ORLive today.

NOW ON-DEMAND — Prenatal Pediatrics
Now Available On-Demand

Managing a high risk pregnancy can be difficult. NewYork-Presbyterian Morgan Stanley Children’s Hospital provides the maternal, fetal and pediatric expertise to care for high-risk pregnancies. NewYork-Presbyterian Morgan Stanley Children’s Hospital was one of only eight hospitals in the country ranked in each medical specialty measured by U.S. News & World Report, with distinct leadership in neonatology and pediatric cardiac surgery.

Join Dr. Mary D’Alton, Chair, Department of OB/GYN, Columbia University College of Physicians and Surgeons, and a team that includes Dr. Richard Polin, Director, Neonatology, as they review the capabilities and treatments available at the Center for Pediatrics. 

Viewers of this video are invited to interact with the team via the ORLive website, and to join the community and receive regular updates from the NewYork-Presbyterian Morgan Stanley Children’s Hospital Center for Neonatal Pediatrics.

About ORLive
ORLive is the leading provider of video communication channels to the healthcare community. Working collaboratively with hospitals and device manufacturers, ORLive produces and distributes customized, interactive, video programs that demonstrate the latest advances in medicine, surgical techniques and product innovations. The ORLive broadcasting network provides an intimate look at over 650 live and on-demand surgeries to a global audience, streaming over 50,000 hours of programming each month. The ORLive network can be found on-line at www.ORLive.com.

Contact:
Bonnie Gergely
Communications Manager
(860) 953-2900
Email Contact

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Filed Under: Medical And Healthcare

ONRAD Announces Participation in AHRA Annual Meeting

Posted on August 13, 2010 Written by Annalyn Frame

SOURCE: ONRAD, Inc.

Industry-Leading Radiology Provider Will Showcase Complete Radiology Coverage Solution

RIVERSIDE, CA–(Marketwire – August 13, 2010) – ONRAD, Inc., a leading radiology services provider, announces its support for The Association for Medical Imaging Management (AHRA) by exhibiting at the 38th Annual Conference in National Harbor, MD. “We are pleased to be a part of the exhibition in 2010,” said Ryan Pahler, Director of Sales and Marketing at ONRAD. “We are always adding to our service offering and I look forward to sharing our newest solutions with the attendees at the conference.”

Visit ONRAD at Booth #424 to learn about the company’s complete radiology solution, which can include teleradiology services, technology consulting, subspecialty teleradiology interpretations, and professional radiology staffing. As a partner, ONRAD provides more than just teleradiology interpretations. The ONRAD executive team develops strategies to help each customer be more competitive in their local community.

Visitors at ONRAD’s AHRA booth can also register to win a Dell Inspiron Mini 10. At only three pounds, this Netbook is easy to take anywhere in the hospital. Those that can’t make it to the show can enter to win by subscribing to the ONRAD blog. The blog contains healthcare and radiology news and encourages participation from industry thought leaders. Subscribe to the blog and become part of a network of other radiology professionals focused on sharing ideas and improving their businesses. Subscribe to the ONRAD blog.

For more on this topic, visit: http://www.onradinc.com/?page_id=1867.

About ONRAD:

ONRAD is a full service physician-owned radiology provider offering customized radiology services including teleradiology solutions, professional staffing, and technology services. As a partner, ONRAD helps its customers increase profitability and improve patient care. Through a unique hybrid model that combines on-site staffing with supplemental teleradiology coverage, ONRAD can provide a significant cost savings.

About AHRA:

The Association for Medical Imaging Management (AHRA) is the professional organization representing management at all levels of hospital imaging departments, freestanding imaging centers, and group practice. Founded in 1973, AHRA’s 4000 members reach across the country and around the world. AHRA offers a complete slate of professional development programs including a comprehensive selection of educational conferences and seminars, networking opportunities, award winning publications, and the Certified Radiology Administrator (CRA) credential.

Contact:
Elizabeth Perley
800-848-5876 x2310
Email: [email protected]

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Filed Under: Medical And Healthcare

MMRGlobal, Inc. to Release Second Quarter Results on Monday

Posted on August 13, 2010 Written by Annalyn Frame

SOURCE: MMRGlobal, Inc.

LOS ANGELES, CA–(Marketwire – August 13, 2010) – MMRGlobal, Inc. (OTCBB: MMRF) (www.mmrglobal.com) today announced it will release financial results for the second quarter ended June 30, 2010 after the close of market on Monday, August 16, 2010. The Company expects to exceed expectations for the first six months of 2010.

“We are continuing to execute on our business plan, expanding globally, moving offices, and doubling the size of our IT infrastructure in the United States while deploying development resources in China,” said Robert H. Lorsch, Chairman and CEO of MMRGlobal. “We’re excited about the interest in MyEsafeDepositBox from financial institutions. We are actively involved in pursuing M&A opportunities in our core business of personal and electronic health records and patent opportunities with our biotech assets. Additionally, next week we will launch the first-ever online promotion program to consumers designed to encourage them to better health by activating a MyMedicalRecords Personal Health Record account (www.mmrvideos.com). MMRGlobal is an entrepreneurial company, and like a NASA where many commercial products and services are a byproduct of its core space missions, we believe our technologies can generate many ways to provide life-saving tools that can be offered to a variety of business and industries. Although we began with Personal Health Records, we continue to develop new products and relationships, such as with Kodak and Chartis International.”

The Company believes that the restructuring of the healthcare system in the United States will continue to present ongoing opportunities for uses of its products and services to consumers, healthcare professionals and corporations.

About MMRGlobal, Inc.
MMR Global, Inc., through its wholly-owned operating subsidiary, MyMedicalRecords, Inc. (“MMR”), provides secure and easy-to-use online Personal Health Records (“PHRs”) and electronic safe deposit box storage solutions, serving consumers, healthcare professionals, employers, insurance companies, financial institutions, and professional organizations and affinity groups. MyMedicalRecords enables individuals and families to access their medical records and other important documents, such as birth certificates, passports, insurance policies and wills, anytime from anywhere using the Internet. The MyMedicalRecords Personal Health Record is built on proprietary, patented technologies to allow documents, images and voicemail messages to be transmitted and stored in the system using a variety of methods, including fax, phone, or file upload without relying on any specific electronic medical record platform to populate a user’s account. The Company’s professional offering, MMRPro, is designed to give physicians’ offices an easy and cost-effective solution to digitizing paper-based medical records and sharing them with patients in real time through an integrated patient portal. MMR is an Independent Software Vendor Partner with Kodak to deliver an integrated turnkey EMR solution for healthcare professionals. MMR is also an integrated service provider on Google Health. To learn more about MMR Global, Inc. and its products, visit www.mymedicalrecords.com and view the videos at www.mmrtheater.com.

Forward-Looking Statements
Any statements contained in this press release that refer to future events or other non-historical matters are forward-looking statements, and some can be identified by the use of words (and their derivations) such as “need,” “possibility,” “offer,” “development,” “if,” “negotiate,” “when,” “begun,” “believe,” “achieve,” “will,” “estimate,” “expect,” “maintain,” “plan,” and “continue.” MMRGlobal, Inc. disclaims any intent or obligation to revise or update any forward-looking statements. These forward-looking statements are based on MMRGlobal, Inc.’s reasonable expectations as of the date of this press release and are subject to risks and uncertainties that could cause actual results to differ materially from current expectations. The information discussed in this release is subject to various risks and uncertainties related to changes in MMRGlobal, Inc.’s business prospects, results of operations or financial condition, government regulation, and such other risks and uncertainties as detailed from time to time in MMRGlobal, Inc.’s public filings with the U.S. Securities and Exchange Commission.

CONTACT:
Bobbie Volman
MMRGlobal, Inc.
(310) 476-7002, Ext. 2005
[email protected]

Michael Selsman
Public Communications Co.
(310) 553-5732
[email protected]

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Filed Under: Medical And Healthcare

Sun Healthcare Group, Inc. Prices Public Offering of 26,750,000 Million Shares of Common Stock

Posted on August 13, 2010 Written by Annalyn Frame

SOURCE: Sun Healthcare Group, Inc.

IRVINE, CA–(Marketwire – August 13, 2010) –  Sun Healthcare Group, Inc. (NASDAQ: SUNH) today announced the pricing of an underwritten public offering of 26,750,000 million shares of its common stock at a price to the public of $7.75 per share. Sun has granted the underwriters a 30-day option to purchase up to 4,012,500 additional shares of its common stock to cover over-allotments, if any. Sun expects to receive net proceeds, after deducting the underwriting discount and estimated offering expenses, of approximately $195.3 million from the offering, or $224.8 million if the underwriters exercise their over-allotment option in full. The offering is expected to close on Aug. 18, 2010, subject to customary closing conditions.

Sun intends to use the net proceeds from this offering to repay a portion of the outstanding term loans under its existing credit facility.

Jefferies & Company, Inc., Credit Suisse Securities (USA) LLC and J.P. Morgan Securities Inc. are the joint book-running managers for this offering.

This press release does not constitute an offer to sell or a solicitation of any offer to buy the shares of Sun’s common stock described herein, nor shall there be any offer, solicitation or sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. The offering may be made only by means of the prospectus supplement and the related prospectus relating to the offering, copies of which may be obtained by written request to Jefferies & Company, Inc., Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 12th Floor, New York, NY 10022, by telephone at (877) 547-6340, or by e-mail at [email protected]; or Credit Suisse Securities (USA) LLC, Attention: Credit Suisse Prospectus Department, One Madison Avenue, New York, NY 10010 or by telephone at (800) 221-1037.

About Sun Healthcare Group, Inc.

Sun Healthcare Group, Inc.’s (NASDAQ: SUNH) subsidiaries provide nursing, rehabilitative and related specialty healthcare services principally to the senior population in the United States. Sun’s core business is providing, through its subsidiaries, inpatient services, primarily through 166 skilled nursing centers, 16 combined skilled nursing, assisted and independent living centers, 10 assisted living centers, two independent living centers and eight mental health centers. On a consolidated basis, Sun has annual revenues of $1.9 billion and approximately 30,000 employees in 46 states. At June 30, 2010, SunBridge centers had 23,209 licensed beds located in 25 states, of which 22,427 were available for occupancy. Sun also provides rehabilitation therapy services to affiliated and non-affiliated centers through its SunDance subsidiary, medical staffing services through its CareerStaff Unlimited subsidiary and hospice services through its SolAmor subsidiary.

Forward-Looking Statements

Statements made in this release that are not historical facts are “forward-looking” statements (as defined in the Private Securities Litigation Reform Act of 1995) that involve risks and uncertainties and are subject to change at any time. These forward-looking statements may include, but are not limited to, statements containing words such as “anticipate,” “believe,” “plan,” “estimate,” “expect,” “hope,” “intend,” “may” and similar expressions. Factors that could cause actual results to differ are identified in the public filings made by the Company with the Securities and Exchange Commission and include our ability to successfully complete the offering on terms and conditions satisfactory to us, as well as other risks and uncertainties, including those detailed from time to time in our Securities and Exchange Commission filings. More information on factors that could affect our business and financial results are included in our public filings made with the Securities and Exchange Commission, including our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, copies of which are available on Sun’s web site, www.sunh.com. The forward-looking statements involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond our control. We caution investors that any forward-looking statements made by Sun are not guarantees of future performance. We disclaim any obligation to update any such factors or to announce publicly the results of any revisions to any of the forward-looking statements to reflect future events or developments.

Contact:

Investor Inquiries
(505) 468-2341

Media Inquiries
(505) 468-4582

Filed Under: Medical And Healthcare

Global Vaccine Market Exceeds $20 Billion: Kalorama

Posted on August 12, 2010 Written by Annalyn Frame

SOURCE: Kalorama Information

NEW YORK, NY–(Marketwire – August 12, 2010) –  Vaccines continue to be the success story for pharmaceutical companies, with the world market for preventative vaccines totaling $22.1 billion in 2009, up from $19 billion in 2008, according to healthcare market research publisher Kalorama Information. Kalorama’s new report, “Vaccines 2010: World Market Analysis, Key Players, and Critical Trends in a Fast-Changing Industry,” notes that the worldwide vaccine market is predicted to increase at a compound annual rate of 9.7% during the next five years, as new product introductions continue and the use of current products expands further. 

“We’ve forecasted a high growth rate for vaccines over the past few years and market events have matched our predictions,” said Bruce Carlson, publisher of Kalorama Information. “The vaccine business is not without its risks, but for some companies, vaccines were the only bright spot in their portfolio in 2009. It’s not a surprise therefore that development is heavy in this sector, and that will contribute to growth over the next five years.”

Vaccines are commonly segmented into two target markets, adult and pediatric. According to Kalorama Information, the pediatric vaccine market is larger, accounting for more than half of the total market. Pediatric vaccines are also growing at a faster rate than adult vaccines and this is expected to continue over the next five years. Pneumococcal and “combination” DTaP vaccines are driving growth in the pediatric sector, while influenza and hepatitis vaccine products are driving sales in the adult segment of the market. Future growth in adult vaccines will be driven by increased acceptance and new products. 

The worldwide vaccine market is dominated by five major competitors: Merck & Co, GlaxoSmithKline, Sanofi Pasteur, Pfizer, and Novartis. These companies have made earning a greater share of the vaccine market part of their marketing and research strategies. GlaxoSmithKline is in the lead with nearly a quarter of the world market in 2009, largely due to its influenza products Fluvarix and Hiberix, according to Kalorama. 

More information is available from Kalorama Information’s report, “Vaccines 2010: World Market Analysis, Key Players, and Critical Trends in a Fast-Changing Industry,” including market forecasts, company profiles, and trends in the industry. The report can be found at: http://www.kaloramainformation.com/redirect.asp?progid=79452&productid=2684026.

About Kalorama Information
Kalorama Information supplies the latest in independent market research in the life sciences, as well as a full range of custom research services. We routinely assist the media with healthcare topics. Follow us on Twitter (http://www.twitter.com/KaloramaInfo) and LinkedIn (http://www.linkedin.com/groups?gid=2177845&trk=hb_side_g).

Filed Under: Medical And Healthcare

Carrot Better Than Stick With Meaningful Use Criteria, Kalorama Information

Posted on August 12, 2010 Written by Annalyn Frame

SOURCE: Kalorama Information

NEW YORK, NY–(Marketwire – August 12, 2010) –  Final meaningful use rules that relax criteria slightly for electronic medical records (EMR) reflect a more “realistic approach” given the slow adoption rates of EMR among physicians over the past few years, according to Kalorama Information. The healthcare market research publisher had predicted that the market would grow to $25 billion by 2014, and believes that achievable but progressively challenging criteria for incentives are optimal. 

The proposed rule would have required doctors to e-prescribe 75 percent of their drug orders to meet incentive requirements. The final rule lowers that threshold to 40 percent. Also, CMS’s proposed rule would have required physicians to meet 25 “meaningful use” objectives, with hospitals asked to meet 23 markers. The final rule splits those objectives into a group of core measures — 15 for doctors and 14 for hospitals — and offers a menu of 10 additional measures, from which providers can choose five to report. HHS has also indicated that the rules would be tightened the following year. 

“I think most people watching how healthcare IT has worked in the past would say the final rules are realistic,” said Bruce Carlson, publisher of Kalorama Information. “The goals are reachable, but at the same time, HHS is taking care not to issue credits merely for buying software. And the better the incentives work, the better the impact on the market and for the companies competing in EMR systems.”

According to Kalorama’s review of several physician EMR surveys for the past three years, prior to the incentives only about a third of physicians used EMR and perhaps a tenth used it exclusively, though incentives are expected to change that. Physicians who meet the criteria will be able to collect incentives as high as $44,000 starting in 2011. Those who do not use EMR systems according to the criteria will face a 3% reduction in payments in 2015.

“The HITECH Act incentives are a carrot and a stick system,” said Carlson. “With any such system it is greatly preferable to get maximum use of the carrot and reserve the stick for what are hopefully just a few holdouts who do not comply after being given multiple chances to do so. Otherwise, what was a well-thought out policy would become just a mandate.”

Kalorama Information’s report, “EMR 2010 (Market Analysis, ARRA Incentives, Key Players, and Important Trends),” contains more information on market forecasts, company profiles, and trends in the EMR market. The report is available at: http://www.kaloramainformation.com/redirect.asp?progid=79444&productid=2503320.

About Kalorama Information
Kalorama Information supplies the latest in independent market research in the life sciences, as well as a full range of custom research services. We routinely assist the media with healthcare topics. Follow us on Twitter (http://www.twitter.com/KaloramaInfo) and LinkedIn (http://www.linkedin.com/groups?gid=2177845&trk=hb_side_g).

Filed Under: Facilities And Providers

Holzer Medical Center Turns to Technology Medical Partners for Clinical Quality Management

Posted on August 12, 2010 Written by Annalyn Frame

SOURCE: Technology Medical Partners

TMP Helps Improve the Quality of Care at an Ohio Hospital by Automating Clinical Core Measures Data Collection and Reducing Reporting Efforts for Centers for Medicaid and Medicare Services

CINCINNATI, OH–(Marketwire – August 12, 2010) –  Technology Medical Partners (TMP), a healthcare information technology solutions and services provider, today announced that Holzer Medical Center, an Ohio-based hospital, has implemented TMP’s Clinical Quality Manager (CQM) solution to improve patient care and reporting of quality of care core measurements. The CQM platform will help Holzer focus on improving patient outcomes by automating quality data collection, analytics and reducing processing time for reports required by the Centers for Medicaid and Medicare Services (CMS). Holzer serves the communities of southeastern Ohio, western West Virginia and northeastern Kentucky.

TMP’s CQM solution provides Holzer the ability to abstract quality of care data from any system; provide reports and dashboards to anyone; and support analytics and quality improvement anywhere; functions that are not provided by most electronic health records (EHR) systems at this depth or completeness. TMP’s CQM solution is built on the Microsoft SharePoint portal platform and abstracts patient data and other information from across Holzer’s disparate departments and systems, including its EHR systems. Holzer’s staff and medical professionals will no longer take months to manually complete all of the required CMS reports. Because the data is automatically captured, populated and formatted in report forms, CQM’s automated reporting process will reduce the processing time by months.

“The system is impressive and I cannot wait to have more real-time data on my desktop regarding quality measures,” stated Jim Phillippe, CEO and President of Holzer Medical Center. “Focusing on core measures is key to improving quality scores, and I am also glad to see how this system relates to the reporting of the Meaningful Use of our EHR system.”

“The CMS quality reporting process continues to become more complex, and having a system that will streamline data collection and report completion will allow us to use the data in real time to improve our patient care and focus on quality outcomes,” said April McLain, Quality Director for Holzer Health System. “By improving reporting efficiency, our management, doctors and nurses will have convenient access to real-time quality data on their desktops via dashboards. This will allow for analysis of the core measure data months in advance of the current process. With faster, more accurate CMS reporting, we can improve processes and outcomes, and we will be eligible for additional government funds based on Pay for Performance. We plan to use this real time data to analyze and improve our readmission rates.”

From CQM’s dashboards, Holzer’s staff can aggregate and abstract patient information that can be used to track patients’ treatments, programs and outcomes. The aggregated information from across the health system will also help administrators to follow and report on Hospital Acquired Conditions (HACS), Readmission Rates by DRG, Patient Satisfaction, evidence-based medicine processes, and automate forms, documents, schedules and other staff functions. Additional applications are planned.

“For Holzer and other healthcare providers, having access to the right data at the right time (real-time quality data) is critical to ensuring that patients receive better care and outcomes in the long run,” said Jim Dixon, managing partner at TMP. “As our tag line says, ‘Quality Data Improves Outcomes.’ Our CQM system provides medical professionals with the real-time information and efficiencies they need to focus on patient outcomes while providing hospitals with a means to improve its tracking and reporting processes to improve compliance, profitability and competitiveness. We appreciate the trust Holzer has put in our solutions and look forward to helping them continue to make their patients the center of all they do.”

About Holzer Health Systems
Since 1909, the name Holzer has been synonymous with wellness in the community. Today, Holzer Health Systems offers a wide and comprehensive range of services, including the most advanced healthcare, diagnostics, and treatments available. Headquartered in Gallipolis, Ohio, Holzer serves the needs of patients in southeastern Ohio, western West Virginia and northeastern Kentucky. For more information, visit www.holzer.org.

About Technology Medical Partners
TMP’s Clinical Quality Manager vastly improves the Quality of Care, data abstraction and administrative processes related to reporting quality core measures to anyone. Founded in 2004, TMP is a Microsoft Certified ISV and is focused on Healthcare Quality Improvement with Composite Software Solutions based on SharePoint and other Microsoft products. TMP delivers value-added information technology solutions and services to the Healthcare Industry. We focus on the business improvement of healthcare providers (Hospitals, Clinics and Physician Practices). TMP brings a comprehensive array of software solutions, platform products and implementation services together with experience and leadership in Healthcare Solutions delivery. For more information, please visit www.t-m-partners.net

Media Contact:
Kevin Wilson
Email Contact
513-898-1008

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Filed Under: Medical And Healthcare

Arizona Heart Institute Physicians Endorse Alliance With Vanguard Health Systems

Posted on August 12, 2010 Written by Annalyn Frame

SOURCE: Arizona Heart Institute

PHOENIX, AZ–(Marketwire – August 12, 2010) –  The Arizona Heart Institute is pleased to announce its support of the newly integrated alliance between Vanguard Health Systems (Nashville, TN), Arizona Heart Institute, and Arizona Heart Hospital. This follows Vanguard’s recent announcements to acquire the Arizona Heart Institute (AHI) and the Arizona Heart Hospital (AHH). If approved, both AHI and AHH would join Vanguard’s Abrazo Health Care system which includes five hospitals throughout the Phoenix area, Abrazo Medical Group, and two health plans, Phoenix Health Plan and Abrazo Advantage.

“The Arizona Heart Institute physician-member investors in the Arizona Heart Hospital enthusiastically endorse this sought-after partnership,” said Edward B. Diethrich, MD, founder and medical director of Arizona Heart Institute and Arizona Heart Hospital. “With AHI and AHH as Vanguard entities, both organizations would operate under a single leadership and management, providing the opportunity to strengthen and streamline all aspects of patient care from diagnosis through treatment and rehabilitation. Also, this places the new organization in a better position to compete for insurance contracts and leverage the capital and management skills associated with a larger corporation,” according to Diethrich.

The Arizona Heart Institute out-patient physician practice is part owner in the Arizona Heart Hospital, LLC, a 59-bed in-patient facility owned by the North Carolina-based MedCath Corporation. Earlier this year, MedCath Corporation announced its plans to sell the Arizona Heart Hospital.

“For many months, we have been evaluating several potential suitors to acquire the Arizona Heart Hospital and the Arizona Heart Institute. In Vanguard, we found a natural fit,” commented Diethrich. “While Vanguard offers us the possibility of more scalable and reproducible programs, they too are committed to addressing the issues most important to Arizona Heart — preservation of our name and identity, support of our tradition of research and education, and exemplary patient care.”

Since AHI’s inception in 1971, AHI’s clinical research and medical education activities have been led and operated by the for-profit Arizona Heart Institute which is known for a long list of achievements including Phoenix’s first heart transplant, Arizona’s first coronary stent, its pioneering role in aortic aneurysm endografting, and the world’s first hybrid endovascular suite. During the campus reorganization, AHI recently transferred its research and education programs to the Arizona Heart Foundation, a non-profit, 501(c)(3) organization. “While these programs will continue under the direction of the AHI physicians who over many years have worked hard to make them successful, the Foundation will be in a much better position on the operational and administrative fronts to apply for research grants, fundraise, partner with academic centers, and continue to improve programs like International Congress,” said Diethrich.

“We believe that this new alliance with Vanguard in collaboration with the non-profit Arizona Heart Foundation accomplishes the potential for escalated excellence in cardiovascular research, a tradition that has long been the cornerstone of the Arizona Heart mission,” according to Venkatesh G. Ramaiah, MD, Director of Peripheral Vascular Research at the Arizona Heart Institute. “The partnership enables us to expand our clinical research efforts to supply leading edge technology and research for both diagnosis and treatment of cardiovascular diseases. These efforts in the past have yielded enormous capabilities in caring for patients with serious blood vessel and heart ailments. We anticipate under this new collaboration that even more exciting and productive accomplishments will occur in the near future,” continued Ramaiah.

“Since the inception of the Arizona Heart Institute over 40 years ago, medical education has been a high priority,” said Julio A. Rodriguez-Lopez, MD, Director of Peripheral Vascular Surgery and the Fellowship Program at the Arizona Heart Institute. “The training of physicians, nurses, and technical staff has distinguished us as an education leader. The new affiliation with Vanguard and our expanded relationship with the Arizona Heart Foundation will assure continued advancement in our educational endeavors.”

About Arizona Heart Institute

Arizona Heart Institute is among the world’s leading providers of cardiovascular care. This visionary organization was founded in 1971, quickly evolving into the country’s first freestanding outpatient clinic solely dedicated to the prevention, diagnosis and treatment of heart and blood vessel disease. Since then, Arizona Heart Institute has grown to expand treatment and research options with the opening of Arizona Heart Hospital in 1998 and the dedication of Arizona Heart Institute Translational Research Center in 2007. Through these unique facilities, Arizona Heart Institute offers the most contemporary and comprehensive approach to cardiovascular medicine and an unmatched level of specialty care. For more information, visit www.azheart.com.

Mary Wheeler
Director of Marketing
602-908-9812
Email Contact

Filed Under: Medical And Healthcare

University of Louisville Brings Home the Gold With SmithGroup and AJRC-Designed Project

Posted on August 12, 2010 Written by Annalyn Frame

SOURCE: SmithGroup

New Clinical and Translational Research Building Awarded LEED Gold Certification by USGBC

LOUISVILLE, KY–(Marketwire – August 12, 2010) –  Bringing home the gold is always an incredible accomplishment. This year the University of Louisville along with its architectural team of SmithGroup and Arrasmith, Judd, Rapp, Chovan Inc. are basking in the glory of gold for the design and construction of the new Clinical and Translational Research Building.

In the quest to continue to excel in the biomedical sciences nationwide, the University’s Health Sciences Center (HSC) embarked on the design of the Clinical and Translational Research building (CTR) in 2004. The facility was to be a continuation of the goals of creating state-of-the-art research facilities in order to attract and retain the best researchers from among the nation, consolidate existing programs, and provide for the opportunity to augment on the success of programs already established within the HSC.

Completed in August 2009, the $109-million, 288,000 gsf facility consists of a combination of wet laboratories, laboratory support spaces, shared equipment/support areas, auditorium, and research faculty offices. The building’s bright, colorful and vibrant interior lab and office environments were designed to facilitate discovery and groundbreaking research. Of primary importance is the open laboratory concept utilized in the facility, which allowed lab planning experts to design laboratories as larger spaces housing various investigators rather than dedicated smaller modules assigned to a single investigator, thus increasing collaboration.

Achieving LEED Gold Certification was clearly one of the greatest accomplishments in this particular project. These days it is more common for buildings to pursue certification, but it is extremely rare that certification isn’t actually pursued until the project is well into construction. The design team, contractor and owner met to discuss the possibility of pursuing LEED late in the game and determined that certification would be achievable since the team incorporated various sustainable design measures from the beginning. These measures included providing daylighting to 75% of occupied spaces, selecting eco-friendly and recyclable materials, and commissioning all equipment including fumehoods.

The Clinical and Translational Research Building project is the fourth in a series of research buildings SmithGroup has designed with partner AJRC. SmithGroup and AJRC have a long history on the University of Louisville campus. Their partnership dates back over 30 years and includes research buildings, classrooms and clinical expansion at the University of Louisville campus. In addition, the team designed the university’s research tower, library center, dental school, clinical core hospital building, an ambulatory care building, and the Donald Baxter and Delia Baxter Research Buildings.

SmithGroup ranks as the 7th largest architecture and engineering firm in the U.S. (Building Design & Construction “Giants” survey, July 2009) and employs 800. The firm is composed of client industry-focused practices serving the higher education, healthcare, workplace and science & technology markets.

With 346 LEED accredited professionals and 45 LEED certified projects, SmithGroup is a national leader in sustainable, environmentally intelligent design. Among its most noteworthy, recently completed projects are the dual LEED Platinum Christman Building, a corporate headquarters in Lansing, Mich.; the LEED Platinum Smart Home at Duke University, Durham, North Carolina; and the National Renewable Energy Lab’s Science & Technology Facility, Golden, Colo., the first LEED Platinum federal project.

Established in 1853, SmithGroup is the longest continually operating architecture and engineering firm in the U.S. 

CONTACT: Laura Westphal, CPSM, LEED AP
EMAIL: Email Contact
PHONE: 313.442.8493

Filed Under: Medical And Healthcare

Access Plans, Inc. to Host Third Quarter Conference Call on August 16, 2010

Posted on August 12, 2010 Written by Annalyn Frame

SOURCE: Access Plans, Inc.

NORMAN, OK–(Marketwire – August 12, 2010) – Access Plans, Inc. (OTCBB: APNC), a leading membership benefits marketing company, today announced that the Company will host an investor conference call to discuss its operating results for the third quarter and first nine months of FY2010 at 11:30 a.m. Eastern Time (EDT) on Monday, August 16, 2010. The Company will release its operating results earlier the same day.

Shareholders and other interested parties may participate in the conference call by dialing 877-317-6789 (international/local participants dial 412-317-6789) and asking to be connected to the “Access Plans, Inc. Conference Call” a few minutes before 11:30 a.m. EDT on August 16, 2010. The conference call will also be available via “live” webcast under the Investor Relations section of the Company’s website at www.accessplans.com, or by visiting http://www.videonewswire.com/event.asp?id=71766  to access the webcast directly.

A replay of the conference call will be available one hour after the call through Tuesday, August 24, 2010 at 9:00 a.m. EDT by dialing 877-344-7529 (U.S.) or 412-317-0088 (international) and entering the conference ID Number 443633.

An archived version of the webcast will also be available under the Investor Relations section of the Company’s website at www.accessplans.com.

About Access Plans, Inc.

Access Plans, Inc. (OTCBB: APNC) is a leading membership benefits marketing company with two distribution channels. The Wholesale/Retail Plans distribution channel specializes in turnkey, private-label membership benefit plans that provide discount products and services, protection benefits and retail services to more than 1 million customers in the United States and Canada. America’s Health Care Plans (AHCP), the Company’s Insurance Marketing distribution channel, is one of the nation’s largest independent agent networks and provides major medical, life and supplemental insurance products to individuals. For more information, please visit: www.accessplans.com.

Contact:
Access Plans, Inc.
Robert Hoeffner
405-579-8525
[email protected]

Filed Under: Medical And Healthcare

How A lot is too A lot for Mortgage Closing Costs?

Posted on August 12, 2010 Written by Annalyn Frame

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Ireland Insurance

 Something that is very important for you to consider when buying or refinancing your home is the closing costs.
I would love to inform you that closing costs aren’t expensive, but imagine me they are. When you add up all the charges’ involved, resembling factors, taxes, title insurance coverage, county prices and varied different price’s, it actually begins so as to add up.
The very first thing it’s good to perceive is that no one works without cost, so be ready to pay at closing.
The overall amount of charges’ depends on quite a number of things. As an illustration, the share of loan origination charges’ (points) the lender goes to be charging you. One other giant price is the title search and insurance. The title payment varies by state and is determined by the quantity of the home.
Closing prices on common should not exceed 5% of the entire quantity of the purchase price, and this doesn’t embrace the down payment.
The total quantity of those charges’ doesn’t all go to the lender. Generally solely the mortgage origination price and the appliance price go to the lender.
The rest of the fee’s such because the appraisal, credit report, curiosity for the interval in between closing and your first month-to-month fee, house proprietor’s insurance, title insurance coverage, professional rated property tax, etc., go to their acceptable institutions.
Earlier than you go to closing, the lender is required by law to ship you a Good Faith Estimate (GFE).The GFE discloses an accurate estimate of all of the charge’s you’ll be chargeable for at closing.
Ensure you go over the GFE with a high-quality tooth comb, and if there are any charges’ you don’t perceive, name your lender or dealer and ask for an explanation.
As I acknowledged earlier, you must be ready to pay closing costs. Closing prices will not be cheap, however you shouldn’t pay a penny greater than what’s required.
In case your closing prices are somewhere between two and 5% of the quantity of the mortgage, you should be in good shape.
If they are drastically larger, take into account finding one other lender.
Keep in mind, do your homework. Put your self ready to understand all of the jargon that fills up all of the paperwork you can be signing.
Additionally, take your time and store around, at all times search for the perfect fee at the lowest potential price.

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ICICI Mutual Fund

Filed Under: Healthcare Plan News

Facts About Second Mortgages

Posted on August 12, 2010 Written by Annalyn Frame

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Elephant Car Insurance

 <b>Your house:</b> It is in all probability your greatest asset. Having a home to back you up once you need a mortgage is one of the best advantages of home ownership. In recent years, there was a significant increase within the quantity of people trying to use their properties as a technique to get entry to more money after they need it most. Among the finest ways to do that is through a second mortgage.
A second mortgage is exactly what it says it is – <i>a loan made along with your first mortgage</i>, and it is primarily based on the quantity of fairness you might have built into your home. Many individuals use them to fund house renovations, to pay off bank cards, or to put a child by means of college. Since you’ve got already been by the method once, the underwriting required to get a second mortgage is way easier than it was the first time round, and the price of the transactions involved will probably be significantly lower. This usually makes up for the fact that rates of interest on the second mortgage are a bit higher than they have been on the primary one.
On a second mortgage, you will borrow a hard and fast sum of money towards your private home fairness, and pay it again over a specified amount of time. The amount you borrow might be combined with the quantity you still owe in your first mortgage. 
It all sounds fairly simple. There are only a few issues to maintain in mind. First of all, don’t take out a second mortgage on your own home except you have built up a fair quantity of fairness in the property already- that’s, made funds on the original mortgage balance for a very good amount of time. You may still be capable of get a second mortgage if you don’t have a lot fairness, however your rates might be a lot increased, and the amount you may borrow a lot decrease, that it’s going to basically be a waste of your time and money. That is a kind of things that is price ready for.
Also, look into the other options of borrowing against the equity of your house, including a house equity mortgage and a house fairness line of credit. All of those options can help you borrow in opposition to your fairness, but there are slight variations among them that mean one of the three may be the best choice for you. It can depend, for probably the most half, on your specific monetary standing, the amount of money that you must borrow, and the amount of home fairness you at the moment have.

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Auto Employment

Filed Under: Healthcare Plan News

Entire Life Insurance Recommendation—Is It Better?

Posted on August 12, 2010 Written by Annalyn Frame

When you have determined that complete life insurance is the route you want to take, you want to be well-aware of each its execs and its cons.
Complete life insurance covers you to your complete life, as opposed to term life insurance which only covers you for a certain number of years. Nonetheless, with that further coverage comes further costs. Isn’t that the best way things always occur? With entire life insurance, not solely are you paying for the cost of the insurance, but you are additionally paying for the cost of investment. Some have referred to the investment costs as “forced savings,” and, admittedly, there are ways of saving for retirement that make extra sense to some. As you become older, the price of insurance coverage protection will get increased and the price of investment will get lower. If you decide to cash in your entire life insurance coverage coverage, it’s possible you’ll be paid in money or in insurance that has been paid-up. But, with commission charges, market fluctuations, and hypothetical numbers that brokers use for illustration functions, it’s not so easy to know the way much you’ll cash in.
Still, there are lots of rich people who decide to purchase whole life insurance policies, and for a superb reason. Whole life insurance insurance policies help them in property planning. By setting up an insurance trust through entire life insurance coverage, they’ll make sure the proceeds of their insurance coverage coverage are used to pay their property taxes. This is useful, as estate taxes would otherwise be left to be paid out-of-pocket.
After understanding whole life insurance, it might not appear as protected and safe as its name sounds. Yes, you may be covered for life, however there are additionally extra prices for coverage that some people simply don’t need. If in case you have the additional cash to invest in whole life insurance coverage, by establishing an insurance trust, you gained’t exactly be wasting cash, either.

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Bank Rate Mortgage Calculator

Filed Under: Healthcare Plan News

Term life insurance: Cash-saving tips (they do exist)!

Posted on August 12, 2010 Written by Annalyn Frame

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Company Life Insurance

 Time period life insurance is probably the most inexpensive way to defend your family’s future. As inexpensive as term life insurance coverage is, there are money-saving tips that will ensure you might be paying only what you need. Get probably the most value in your dollar by trying out the following helpful suggestions that will prevent money whereas nonetheless getting great protection. 
1. Get protection early – the sooner you buy life insurance coverage the less your annual premiums:Some persons are gamblers by nature and choose to take their probabilities by skipping out on life insurance. Though it’s unlikely you will die during your working years, you are not insuring for what’s likely to happen however as an alternative, for the worst-case scenario. That’s why term life insurance coverage costs much less the youthful you are. It is usually why you should buy it sooner somewhat than later–because you’ll be providing financial security without spending a lot of money for it. 
For instance, if we have a look at the cost to buy a $250,000 Term 10 life insurance policy you’ll see how delaying purchasing a coverage by just some years might value you more in annual premiums. 
For male non-people who smoke*:A 35 year-outdated may get quotes for as little as $195 per 12 months for a ten-12 months whole price of $1,950.A forty 12 months-previous could get quotes for as little as $263 per year for a ten-yr total cost of $2,630.A 45 yr-old might get quotes for as little as $373 per yr for a ten-year total price of $three,730.
For feminine non-smokers*:A 35 yr-previous may get quotes for as little as $one hundred sixty five per 12 months for a 10-12 months whole price of $1,650.A 40 yr-previous might get quotes for as little as $210 per yr for a ten-yr complete cost of $2,100.A 45 year-previous might get quotes for as little as $270 per yr for a ten-year total price of $2,700.
* Lowest quote online from February 2006 for a Time period 10 coverage, one of the crucial fashionable life insurance coverage merchandise in Canada. Premiums shown are the rates if paid annually.
2. When your age isn’t actually your age:Your subsequent birthday may be 6 months away however in the eyes of most life insurers you’ve already hit that subsequent magical number. Once you get a life insurance coverage quote, the rate you’re given relies on the age you’re closest to which, 50 per cent of the time is your age at your next birthday. It’s a term known as “Age Nearest”, and that half-year worth enhance might actually add up. See the difference yourself. 
For male non-smokers*:
A 39 12 months-previous might get quotes for as little as $248 per yr for a ten-12 months whole price of $2,480A 40 year-previous might get quotes for as little as $263 per yr for a 10-yr whole cost of $2,630.
A financial savings of $a hundred and fifty
A forty four year-outdated might get quotes for as little as $345 per year for a 10-12 months whole price of $three,450.A 45 year-old may get quotes for as little as $373 per yr for a 10-12 months whole cost of $3,730.
A savings of $280
For a feminine non-smoker*:
A 39 yr-old may get quotes for as little as $200 per year for a 10-year total value of $2,000A forty yr-previous might get quotes for as little as $210 per year for a ten-year total cost of $2,100.
A financial savings of $a hundred
A 44 12 months-old may get quotes for as little as $255 per 12 months for a ten-12 months total price of $2,550.A forty five year-previous might get quotes for as little as $270 per 12 months for a ten-year complete cost of $2,700.
A savings of $150
* Lowest quote on-line in January 2006 for a Term 10 policy. Premiums shown are the rates if paid annually.
3. In the event you’re a smoker ask about incentive programs geared toward helping you give up:Whereas not all life insurance coverage corporations supply incentive applications that can assist you give up, some do and will prevent cash in case you are fascinated with buying life insurance and quitting smoking. For example, one such company will refund you an amount equal to the distinction between the premiums you already paid as a smoker and people you’d have paid had you not smoked. What’s extra, once you give up smoking, this similar company will modify your premiums to non-smoker rates based on the age you were when you bought the coverage, not the age you are at the time you quit! 
4. Check out your payment/billing choices:Many life insurance coverage life insurance firms supply discounts to customers who pay their annual premiums up front. You probably have the cash helpful, you could save as much as 10 per cent of your policy’s premium each year. For example: 
• A 35 12 months-outdated male with $250,000 in coverage can pay $195 up entrance per year for life insurance coverage coverage. If paid in month-to-month installments, nonetheless, the annual premium jumps to about $215. Paying up entrance can save this person $20 per yr!
• A 40 yr-old male with $250,000 in protection will pay $263 up entrance per year for all times insurance coverage. If paid in month-to-month installments, nevertheless, the annual premium jumps to about $288. Paying up entrance can save this particular person $25 per yr!
• A 45 yr-previous male with $250,000 in coverage will pay $373 up front per 12 months for life insurance coverage coverage. If paid in month-to-month installments, however, the annual premium jumps to about $407. Paying up entrance can save this individual $34 per 12 months!
Life insurance coverage made even more affordable:With these money-saving suggestions in hand, Term Life insurance is more reasonably priced than ever. There isn’t any higher time than now to get the coverage you and your family need.

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EMC Mortgage Servicing

Filed Under: Healthcare Plan News

Iconosys Gets in the Windows Phone 7 Game With Mighty SMS(TM) Schedule Reminder System for Personal and Professional Use

Posted on August 12, 2010 Written by Annalyn Frame

SOURCE: Iconosys, Inc.

LAGUNA HILLS, CA–(Marketwire – August 11, 2010) –  Today, Iconosys, Inc., a leader in mobile communications technology, announces a first in terms of integrating the world’s primary new means of communication, text messaging, with the needs of professionals in Real Estate, Medical Offices, Dental Offices, and for appointment setters of all types.

Originally a research and development project designed to explore possibilities and further enhance the wildly popular texting while driving apps already offered by Iconosys’ SMS Replier™ (www.smsreplier.com) and DriveReply™ (www.drivereply.net) products, Mighty SMS™ has now evolved into a text message scheduling system that allows professionals to setup reminders for their clients and patients and enables them to send their clients and customers friendly courtesy notices/reminders prior to their scheduled meetings and thank you notes afterward.

Mighty SMS™ comes in a personal version, where all features are managed on the phone itself, or in a professional version with more functionality; the app can be administered through an internet interface, and scheduling can be done in real time (right in front of the patient, or while on the phone with a sales lead) and as your appointments are being scheduled. The web interface/management comes at a nominal monthly fee. Also, while the company is excited about its plans for integration of this app into Google Calendar and Outlook in the near future as a plug-in for ease of management by office staff and appointment setters, at present Mighty SMS™ is fully functional and ready to meet the heavy demands of the busy professional or house-spouse.

As of now, a personal user can use it to pre-program text message salutations to their friends, loved ones, and professional contacts. Thank You’s, Happy Birthday’s, and Happy Anniversary’s are not accidentally forgotten when you input your Mighty SMS™ onto your phone and utilize this to organize your calendar and your contacts.

In the Professional version, customized replies can be generated that remind clients and patients of upcoming appointments, with information about contacting you back if there are any changes. 

“Already a favorite among dentists here in Orange County, CA, the dentists are seeing a lower volume of cancellations and ‘forgetting’s,’ as patients that made appointments sometimes months earlier, and may have completely forgotten their appointment, get a friendly non-threatening personal message from their favorite service provider (dentist, doctor, optometrist, hairstylist, chiropractor, contractor, MONAVIE rep, etc.),” commented Wayne Irving, CEO of Iconosys, Inc. Mr. Irving continued, “It’s great for car salesmen or others in sales that want to pre-program a thank you message for a couple days later after the sale, to send good wishes and work for that return customer and high rating of customer satisfaction.”

Texting or text messaging has become a significant portion of our population’s first means of communication. Less formal than an email, more convenient than a phone call or voicemail, and more secure than instant messaging, text messaging has become our tool for meaningful introductions when two people wish to express or share short messages without getting into deep conversations, for reasons like lack of time, while still providing a sense of personal fulfillment and significance to the recipient for the “thought that counted” when they receive a wish for good tidings.

Text messaging is a great way to share short personal bits of data between people that share responsibilities, like parents and or partners in a company. It’s a great way to send addresses and other short bits of info that do not require a full conversation, and without the risk of leaving a voicemail that may not get listened to for days and days.

“I use text messaging for every possible communication I can. It allows me to talk to more people, get more done in less time, and keep tabs on my employees, without having to go through all the greetings and salutations and small talk all the time. I don’t do it ALL the time, but it sure helps me to build my business and be more productive wherever I am, while also allowing me to regularly and consistently stay in touch with the people I work with and to convey a ‘job-well-done’ or to give them constructive advice where appropriate,” said Jeffrey Weiss, CTO for Iconosys, Inc.

Mighty SMS™ is available to the personal User for $3.99 per month, and for the Business or Professional user at $59.99 per year. The integrated web interface tools are scheduled to be made available in September for Professional users only at a $39 per month maintenance fee. Professional users price includes 60 minutes of tech support per year for setup, changes, and migration advice. The service currently requires a Windows Mobile 6.5 or Windows Phone 7. The company plans to offer this product on the Android platform when the Android Tablet is released closer to Christmas 2010.

Mighty SMS™ is pending availability on the Windows Marketplace, but until then it can be downloaded from www.Handango.com, www.CNET.com, www.PayLoadz.com and www.MightySMS.com.

About Iconosys, Inc.

Iconosys, Inc. is developing a series of technologies designed to make mobile applications better, faster, easier, and ultimately safer to use. Iconosys’ flagship product, SMS Replier™, is a revolutionary mobile phone application designed to couple many convenience services with addressing the growing problem of communicating safely while driving a car, truck, or motorcycle.

Iconosys’ CEO Wayne Irving II, a pioneer in next-generation telecom concepts, has led the drive to take advantage of GPS and other onboard motion technologies to build lifesaving and life-enhancing products and utilities, and to create new and better tools for wireless platforms and mobile device operating systems.

Iconosys proprietary technology, developed with support from Motorola, is a complex series of algorithms and readings from the technology running on today’s Smartphones; this includes, without limitation, GPS and other motion sensoring, coordinated with Google mapping to provide an accurate and responsive background service to most, if not all, of the upcoming Iconosys technology releases. Iconosys’ DriveReply™ technology tests up to 90% more efficient in battery consumption while using ordinary GPS technology, a key differentiator for Iconosys, when competing with other producers of GPS dependent Smartphone applications. 

For more information, including demonstration videos, on Iconosys, Inc, please visit: http://www.iconosys.com or http://www.mightysms.com. 

For further information about Iconosys, Inc. and its products or for interviews with CEO Wayne Irving II, please contact Adam Mazur at 212-843-8073 or [email protected]. High-resolution images and instructional videos available upon request. Follow Mighty SMS™ on twitter: @mightysms

CONTACT:

ICONOSYS, INC.
25255 Cabot Road, Suite 111
Laguna Hills, CA 92653
www.iconosys.com

Rubenstein Public Relations
Contact: Adam Mazur
Tel: (212) 843-8073
or (949) 335-5350
Email: Email Contact

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Filed Under: Medical And Healthcare

10 Methods To Decrease Your Auto Insurance

Posted on August 12, 2010 Written by Annalyn Frame

And the insurance coverage charges you pay are vastly dependent on the insurance company or agent, your age, your automobile kind, your driving report, and even the world you reside in!
You need to by no means go without auto insurance coverage although, regardless of the costs. Nearly all the states require you to guard yourself with a minimal amount of legal responsibility coverage. Naturally, the naked minimal is not ample sufficient for the average car owner. And as you add in extra protection for your automobile, you realize that you’ll be paying a reasonably large sum annually.
So, understanding auto insurance can really enable you to to determine on an appropriate insurance coverage policy that won’t vacuum clear your wallet! Here, we now have gathered 10 of the most effective tips for reducing your auto insurance, by as a lot as forty%!
Always compare insurance policies. There are states which regulate auto insurance rates, however the insurance coverage premiums can fluctuate by hundreds of dollars for the exact same coverage. It is definitely worthwhile to buy around. The first thing you can do is to verify along with your state insurance coverage department. They typically present information about the protection you want, in addition to sample rates from the largest companies. You can also ask your friends or search for the yellow pages. Checking client guides and asking insurance coverage agents can pay off as well. You’ll be able to simply discover out the price vary to your insurance coverage, in addition to uncover the lowest prices in town.
However, you should not be buying based on price along. The insurance coverage firm should present good service at the most effective price. Excellent personal service is on the market as properly, and so they provide added conveniences, though they value a good bit more. Ask the corporate how one can lower your prices, and in addition test their financial ratings. The rule of thumb is at all times to get three value quotes from three different corporations, and pick the one with the best value.
It may also be a good suggestion to increase your deductibles. Whenever you file a declare, the deductible is the amount you pay earlier than the insurance company pays for the remainder of the damage. The next deductible on collision and complete coverage can lead to a a lot lower premium. For example, increasing your deductible from $200 to $four hundred can scale back your premiums by up to 25%. Nevertheless, you need to ensure that you’ve got the monetary resources to deal with the largest deductible when the time comes.
Remove sure kinds of coverage from your policy. Virtually all of the states require liability coverage for your automobile, however the rest of the protection is probably dispensable. However, you don’t want to be underinsured should you’re in an accident, so it is not advisable to remove your whole extra coverage. Optional coverage includes medical payments, uninsured motorist, collision, and comprehensive coverage.
Drop collision and comprehensive protection for older cars. In the event you drive an older automobile that is value lower than $2,000, it’s most likely more cost-effective to drop collision and comprehensive protection since you’ll most likely pay more for the protection than you may collect for a claim. You can find out the price of your car by asking auto dealers and banks.
Make certain your credit report looks good. Automobile insurance corporations often look at your credit history as there’s a correlation between the danger to the corporate and your credit history. For those who pay your payments on time and maintain a good credit history, you may take pleasure in lower insurance coverage rates.
Drive less. Insurance firms often supply low-mileage discounts to motorists who drive less than a predetermined variety of miles each year. You should use public transportation more usually, automobile-pool with associates, and take the prepare or a airplane as an alternative of driving to a different state. And you’ll save on more than your coverage as you may need to spend much less on gasoline (of which prices are extremely high).
Keep a clean driving record. The corporate will give you a price break and it can save you on your insurance policy after a specified interval of a clear driving record. Because of this you haven’t any accidents, no severe driving violations and so on, during this era of time. The only and surefire technique to qualify for this discount is to drive rigorously and defensively all of the time.
Select a low-profile car. Insurance charges fluctuate among distinction models of vehicles. Generally, sports automobiles and excessive-efficiency automobiles are inclined to cost more to insure, primarily as a result of they symbolize more danger of theft and the drivers are often the people who drive extra recklessly. Newer automobiles will price extra to repair or exchange than older ones, so naturally they can extra to insure. Low-threat autos embody station wagons and sedans.
Ask about safety and safety discounts. The insurance companies typically offer discounts in your insurance coverage in case your car is provided with the following: anti-lock brakes, air bags, computerized seat belts, automotive alarms, monitoring systems. These cut back the injury threat to you, as well as the probabilities of your automobile being vandalized or stolen.
Finally, ask about different discounts. You might receive a reduction in case you purchase a couple of kind of insurance coverage from the identical firm or when you insure multiple vehicles under the same policy or company. You may additionally receive discounts for taking a defensive driving course, staying with the identical firm for a couple of years, being a driver over 50, good-scholar discounts, and being an AAA member. If you have already got satisfactory medical insurance, you can too remove paying for duplicate medical protection, thus decreasing your private damage protection costs by a substantial amount.

 

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Filed Under: Healthcare Plan News

Preventive Care Mandates Could Lead to Out-of-Control Costs and Unaffordable Health Insurance Premiums

Posted on August 11, 2010 Written by Annalyn Frame

SOURCE: Foundation for Health Coverage Education

FHCE Warns Consumers Against “Free Lunch” Expectations

SAN JOSE, CA–(Marketwire – August 11, 2010) –  Beginning on September 23rd, the Patient Protection and Affordable Care Act will allow consumers who purchase new or revised insurance plans or policies to receive an array of preventive care services with no out-of-pocket cost. The Foundation for Health Coverage Education (FHCE), www.CoverageForAll.org, while applauding any efforts to keep overall health care costs down, cautions that this provision could instead lead to out-of-control medical costs which will escalate insurance premiums.

“While mammograms and colonoscopies clearly provide preventive services that are cost-effective and can save lives, one has to question the government’s waiving the total cost to the consumer for smoking cessation, and weight loss and alcohol treatment, which are included in these mandated services. A line must be drawn by the government as to where its funding ends and where personal responsibility begins,” said Phil Lebherz, FHCE Founder and Executive Director. 

“Behavior modification programs represent a billion dollar industry with high recidivism rates. As a result, because they will be available at no cost, enrollments in programs to combat the effects of lifestyle diseases from smoking, obesity and alcoholism will ratchet up costs with little expectation that the consumer be responsible for making healthy lifestyle choices,” said Lebherz.

The new law will require that individual policies and employer-based health plans offer certain mandated preventive health care services with no out-of-pocket costs to Americans
when they enroll in either new individual health policies or new group health plans. Going forward, the consumers with the new policies or plans will not be charged a co-payment, coinsurance or deductible for certain preventive services performed by a network provider, doctor or testing service, covered under their policy. Consumers who keep their grandfathered plans and do not change their existing individual coverage or whose employer-based group plans are not changed considerably, won’t be eligible for mandated services that have no cost out-of-pocket expenses. 

“The government cannot legislate personal responsibility,” Lebherz said. “If it’s free, it will increase costs and accomplish little because people in counseling for obesity, alcohol, and or smoking sensation tend to backslide and readmit to programs. In fact, new policies will cost more than the grandfathered policies.”

Mandates can provide a greater range of care, but they also mean increased premiums as insurers must cover out-of-pocket costs that were originally paid by consumers. The accumulation of mandates plays an important role in raising costs. According to the Council for Affordable Health Insurance (CAHI), there are over 2,000 mandated benefits. CAHI’s studies show that mandated benefits could increase the cost of basic coverage from approximately 20% to as much as 50%, depending on the number and design of the benefits, as well as the initial cost of the premium.

“It’s important for everyone to have adequate health coverage, but we have to draw the line somewhere,” said Lebherz. “Making healthy personal lifestyle choices are within the reach of all of us,” said Lebherz.

Launched in 2004, CoverageForAll.org is America’s first public health insurance search engine, helping over two million Americans discover their public and low-cost private health insurance options. Every month 70,000 people visit the website or call the free 24/7 multilingual U.S. Uninsured Help Line (800-234-1317) to take the simple 5-question Health Coverage Eligibility Quiz and speak with a live health insurance specialist who can walk them through the process, connect them with the programs and applications and provide them with a sign-up checklist needed to successfully apply. 

For information regarding health insurance and health care reform changes, please visit www.CoverageForAll.org or call the toll-free 24/7 U.S. Uninsured Help Line 800-234-1317. The Foundation for Health Coverage Education is a 501 (c) 3 national non-profit organization with a mission to provide simplified public and private health insurance eligibility information in order for more people to access coverage.

Media Contacts:
Marilyn Haese/Bobbi Rubinstein
Haese & Wood Marketing
(310) 556-9612
[email protected]

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Filed Under: Medical And Healthcare

Crossroads Systems Announces Global Reseller Alliance With Dell Services to Provide Enhanced Data Protection for MEDITECH Customers

Posted on August 11, 2010 Written by Annalyn Frame

SOURCE: Crossroads Systems

AUSTIN, TX–(Marketwire – August 11, 2010) –  Crossroads Systems, Inc. (PINKSHEETS: CRDS), a global provider of solutions to connect, protect, secure and restore data, today announced a global reseller alliance with Dell Services.

As healthcare providers recognize the importance of healthcare IT in providing high-quality patient care, a growing number of healthcare organizations worldwide are implementing MEDITECH healthcare information system (HCIS) applications. Dell Services works closely with healthcare organizations to optimize the long-term use of the MEDITECH system and improve healthcare delivery. In fact, Dell has received top recognition in the clinical systems sector. According to Gartner, Dell is ranked #1 for IT Services in the worldwide healthcare market, based on 2009 revenue. The company was also listed in Healthcare Informatics’ Top 100 Healthcare IT Companies.

With a growing emergence of patient privacy rights and other compliance requirements, the healthcare delivery landscape is rapidly changing, putting new pressures on IT to include fully-integrated data protection, privacy and security solutions within their MEDITECH environment.

Under this new alliance, MEDITECH customers will be offered Crossroads’ products — starting with Crossroads TapeSentry and SPHiNX solutions, which have been certified by Dell Services for MEDITECH, to take advantage of key data protection features such as efficient virtual tape backup, powerful encryption, and replication technologies. These offerings include:

TapeSentry as an appliance solution providing secure tape encryption using a robust key management system.

SPHiNX as a dedicated virtual tape appliance offering optimized data protection and resiliency for Windows server environments.

“Crossroads’ solutions continue to attract organizations within highly sensitive industries such as healthcare and finance,” said Rob Sims, President and CEO of Crossroads Systems. “Through our reseller alliance with Dell Services, we can extend our reach of the Crossroads’ SPHiNX and TapeSentry solutions within clinical environments worldwide — where data privacy, protection and security are of the upmost importance.”

“Information Technology is integral to improved patient safety and quality of care. As the HIPAA Act, and more recently, the HITECH ACT attest, safeguarding electronic protected health information must be every healthcare executive’s priority. The partnership of Dell Services and Crossroads is uniquely positioned to bring cost-effective, proven data protection solutions to a large segment of the MEDITECH community,” said John Ebel, Senior Manager, MEDITECH Solutions Group, Dell Services.

About DELL
Dell Inc. (NASDAQ: DELL) listens to customers and delivers worldwide innovative technology and business solutions they trust and value. Dell Services develops and delivers a comprehensive suite of services and solutions in applications, business process, consulting, infrastructure and support to help customers succeed.

Dell is a trademark of Dell Inc.

About Crossroads Systems
Headquartered in Austin, Texas, Crossroads Systems, Inc. is a leading provider of solutions to connect, protect, secure and restore data. Crossroads (PINKSHEETS: CRDS) trades over-the-counter on Pink Sheets and posts its financial disclosure reports, press releases and other related documentation on the OTCIQ Web service of the Pink Sheets Web site. Visit www.crossroads.com.

Forward-Looking Statements
This release may include forward-looking statements. The words “believe,” “expect,” “intend,” “plan,” “project,” “will” and similar phrases as they relate to Crossroads are intended to identify such forward-looking statements. These statements reflect the current views and assumptions of Crossroads and are subject to various risks and uncertainties that could cause actual results to differ materially from expectations.

©2010 Crossroads Systems, Inc. Crossroads and Crossroads Systems are registered trademarks of Crossroads Systems, Inc. All specifications are subject to change without notice.

Press Contacts:
Anyck Turgeon
Crossroads Systems
Email Contact
512.928.7006

Matthew Zintel
Zintel Public Relations
Email Contact
317.848.8804

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Filed Under: Medical And Healthcare

Imaging3 to Host Conference Call

Posted on August 11, 2010 Written by Annalyn Frame

SOURCE: Imaging3, Inc.

BURBANK, CA–(Marketwire – August 11, 2010) –  Imaging3™, Inc. (OTCBB: IMGG), developer of a breakthrough medical imaging device that produces 3D medical diagnostic images of virtually any part of the human body in real-time, announced today that on Thursday August 12, 2010 at 1:00pm PST, (4:00pm EST) the company’s CEO, Mr. Dean Janes, will be hosting a conference call. To join the conference call, please call 1-888-373-5705 and enter passcode 364039 followed by the pound sign (#). You will be connected to the conference call in a listen only mode, and then lines will be opened for questions following the presentation.

The purpose of the call is to update Shareholders and other interested parties of the current developments with the company.

A limited number of lines will be available for this conference call. The lines will open up 5 minutes prior to the start of the call.

A recording of the conference call will be made available on the company’s website as soon as it is available. Imaging3 will notify shareholders and others who subscribe to the company newsletter. Anyone who would like to be added to this list is encouraged to sign-up for the e-mail based newsletter on the company’s website using the following link — http://www.imaging3.com/newsletters_signup.html.

About Imaging3
Imaging3, Inc., founded in 1993, is a leading provider of advanced technology medical imaging devices. The Company has developed a breakthrough medical imaging device that produces 3D medical diagnostic images of virtually any part of the human body in real-time. Because these 3D images are instantly constructed in real-time, they can be used for any current or new medical procedures in which multiple frames of reference are required to perform medical procedures on or in the human body. Visit the company’s website at http://www.imaging3.com for more information.

Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “anticipate,” “believe,” “estimate,” “may,” “intend,” “expect” and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, technological obsolescence, competition from other medical instrument(s) and imaging companies, lack of capital, unexpected costs, failure or delay of FDA approval, absence of revenue, the impact on the national and local economies resulting from an economic recession or terrorist actions, and U.S. actions subsequently; unavailability of financing for the Company or its customers, product malfunction and potential product liability claims, and other factors detailed in reports filed by the Company.

Contact:
Imaging3, Inc.
Investor Relations
800-900-9729

Filed Under: Medical And Healthcare

MedCo Data Unveils Dermesse(TM) Online Shopping Cart to Enhance Dermatology, Plastic Surgery and Med-Spa Practice Revenues and Patient Relations

Posted on August 11, 2010 Written by Annalyn Frame

SOURCE: MedCo Data

TAMPA, FL–(Marketwire – August 11, 2010) – MedCo Data, a leading provider of technology and informatics expertise for physician practices, unveiled the Dermesse™ Online Shopping Cart at the American Academy of Dermatology Summer Academy Meeting. The Online Shopping Cart is an innovative shopping service designed to enable dermatology practices, as well as medical professionals specializing in aesthetic and cosmetic procedures, to enhance revenues through secure online sales of the Dermesse line of quality skin care products.

The Online Shopping Cart package consists of a customized “portal,” built and maintained by MedCo Data, where authorized patients of the practice can securely shop and order Dermesse products, access exclusive promotions and purchase gift cards for procedures and other practice services. The shopping portal integrates into the practice’s existing website, creating an online information destination that brings value to both the patient and provider.

“The Dermesse Online Shopping Cart is a unique way for us to extend the patient relationship by providing easy and convenient access to high quality skin care products,” said Dr. Robert D. Rehnke, M.D., FACS, The Center for Surgical Excellence, a state-of-the-art, fully accredited cosmetic and reconstructive plastic surgery center in St. Petersburg, Fla. “At the same time, it creates a viable revenue stream for our practice without disrupting workflows or diverting resources from other areas.”

Inventory and order fulfillment is managed entirely by Axia Medical Solutions, which manufactures and sells the Dermesse line exclusively through medical professionals. “The Online Shopping Cart provides our physicians with the power and convenience of the Internet while maintaining the exclusive distribution channel upon which our success is based,” said Jim Krulisky, CEO, Axia Medical Solutions. “Most importantly, they are able to leverage our lean inventory management processes without making a sizable upfront investment, thereby creating a win-win for Dermesse and the practice.”

Promotional support is provided by MedCo Data in the form of a high-quality integrated online and in-practice marketing campaign. This includes professionally designed and produced banner ads on the practice’s existing website, lobby signage, displays at the check in/out desk and appointment reminder cards. 

“What is most appealing about the Dermesse Online Shopping Cart is the marketing support, providing our clients with access to Dermesse products without adding to our staff’s workload to manage marketing or fulfillment,” said Marissa Hervey, Licensed Paramedical Aesthetician and Principal, DayGlo Med-Spa. 

Adds Rob Cash, COO, MedCo Data: “By aligning the Dermesse product with a targeted marketing campaign that utilizes the online technology portfolio of MedCo Data, as well as inventory management and order fulfillment, we have aligned the primary stakeholders and established a foundation of success for any practice that wants to add new profit centers and enhance patient communications.”

About MedCo Data, LLC
MedCo Data (www.medcodata.com) provides the technology and informatics expertise that enables physician practices and other ambulatory care organizations to leverage EMR/EHR systems and other software to improve, expand and evolve their services. The firm offers managed technology services centered on its Proactive Care Help Desk, which serves as a one-stop support service for all office technology. On the consulting side, MedCo Data’s patent-pending Workflow Centric® offering guides practices through the EMR/EHR selection, implementation and decision-making process, with the goal of matching the client organization with the CCHIT-certified software vendor that best meets its unique needs.

About Axia Medical, LLC
Axia Medical Solutions is a privately held global specialty pharmaceutical company that develops, manufactures, and commercializes skin care products to medical professionals specializing in dermatologic, aesthetic, and cosmetic procedures. Products include prescription drugs, OTC and cosmeceutical products. The main brand, Dermesse, was introduced in 2003 to address the signs of aging. The Dermesse skin care products effectively penetrate the skin barrier and are indicated for the treatment of melasma, chloasma, lentigines, and hyperpigmentation, and are effective against sun and environmental damage. Private label programs are available for all products. Axia Medical Solutions corporate offices are in Carlsbad, California. For more information, visit www.axiamedical.com.

Media Contact:
Liz Roop
NPC Creative Services
(813) 960-5032 ext. 302
Email Contact

Filed Under: Facilities And Providers

Smartronix Acquires Health Information Technology Company

Posted on August 11, 2010 Written by Annalyn Frame

SOURCE: Smartronix

HOLLYWOOD, MD–(Marketwire – August 11, 2010) –  Smartronix, Inc., a global information technology and engineering solutions provider, announced today that it has acquired Cogon Systems, Inc., to expand its growing health information technology portfolio. The new company operating as Cogon Systems, LLC is a wholly owned subsidiary of Smartronix led by Cogon’s current CEO, Dr. Huy Nguyen.

Founded by Dr. Huy Nguyen, M.D., Cogon facilitates healthcare connectedness by way of its value-driven innovations and comprehensive thought leadership. Through its Virtual Health Network (VHN) platform, a SOA-based architecture using an enterprise service bus that provides business logic flexibility, network scalability, data interoperability, and application extensibility, Cogon is committed to facilitating value based healthcare. The VHN is implemented with basic services that enhance the exchange of health information supporting referral management of patients who receive care from multiple providers. These basic services include continuity of care information, patient demographic and administrative information, diagnoses/problem lists, providers, allergies, medications, laboratory results, radiology results, previous procedures, and clinical notes. Currently, Cogon’s VHN allows for the first time sharing of tens of thousands of health records between the Department of Defense and commercial hospitals. Leveraging Smartronix’ business maturation, growth in the federal healthcare, and its expertise in network operations and cyber-security, Cogon is well positioned to provide premium services in the federal health sector.

Smartronix CEO, John Parris, said, “The addition of Cogon, its visionary leadership, and its intellectual property are a great complement to Smartronix’ growing health information technology business. We are confident that our network operations, enterprise software solutions, and cyber security core competencies will assist in leveraging and augmenting Cogon Systems’ Virtual Health Network platform.”

About Smartronix

Smartronix is a global professional solutions provider specializing in NetOps, Cyber Security, Enterprise Software Solutions, Mission-Focused Engineering, and Health IT. Smartronix is headquartered in Hollywood, Maryland, with operating offices in Virginia (3), North Carolina, Florida (2), Alabama, Georgia, Ohio, Texas, and Arizona; and 600 employees throughout the United States and at strategic locations in Germany, Korea, Japan, and the Philippines. The company has been recognized as an Employer of Choice by Northern Virginia Family Service and as one of the 50 fastest-growing companies in the Greater Washington D.C. area and one of the top 500 and top 5,000 nationally as ranked by Washington Post and Inc 500 media, respectively. 

Contact:
Laurell Aiton
VP Corporate Relations
Telephone: 301.373.6000
E-Mail: [email protected]

Filed Under: Facilities And Providers

Virtual Pharma Rep(TM) to Launch First Pharmacuetical E-Detailing Campaign for the South African Market

Posted on August 11, 2010 Written by Annalyn Frame

SOURCE: Virtual Pharma Rep

Virtual Pharma RepTM Leads the Paradigm Shift to Virtual Sales in South Africa’s Pharmaceutical Industry

JOHANNESBURG, SOUTH AFRICA–(Marketwire – August 11, 2010) – Virtual Pharma Rep™ (VPR), an e-marketing firm with a patent pending, e-detailing marketing platform, today announced that it will be launching South Africa’s first e-detailing campaign, in partnership with a major South African pharmaceutical company. This is the first ever marketing project of its kind in the South African pharmaceutical industry.

Virtual Pharma Rep™ recently opened operations in South Africa, and is a pioneer in bringing a new virtual sales approach to the market that revolutionizes expensive pharmaceutical sales models, supplements existing sales forces and reduces marketing and promotional budgets significantly. Virtual Pharma Rep™ leverages technology to deliver powerful multimedia messages to doctors that educate and provide important product and service information directly from the pharmaceutical company, much like a field sales rep. This new sales approach is designed to provide consistent, controlled and fully customized messages to multiple doctors simultaneously through an online communication channel, along with various ways for doctors to communicate with companies in return. Messages can be accessed by doctors at their convenience, when their schedule allows, thereby saving precious time in their schedules.

“New marketing strategies are necessary to stay competitive in any industry, and this is especially true now within South Africa as marketing trends shift due to new technological advances,” said Jim Rediehs, CEO of Virtual Pharma Rep. “We are most excited to be launching our revolutionary marketing concept in the South African pharmaceutical market. We will demonstrate that e-detailing, in conjunction with current marketing and sales strategies, is an effective way to penetrate target audiences, even those in hard to reach white spaces. E-detailing fills in communication gaps, and therefore reaches more doctors, which ultimately provides patients with better access to the pharmaceutical products they require for a healthy life.”

For more information, visit www.virtualpharmarep.com

About Virtual Pharma Rep™

Virtual Pharma Rep is revolutionizing the pharmaceutical industry by leading the paradigm shift to virtual sales support and service models that enhance or replace existing and expensive pharmaceutical marketing strategies. Virtual Pharma Rep is led by a highly experienced team of pharmaceutical industry veterans and growth strategists. For more information visit www.virtualpharmarep.com

Media Contact:
Ann Norman
Norman Communications
+646-845-9275
Email Contact

Filed Under: Facilities And Providers

Life Insurance Pay small amount to get Good coverage

Posted on August 11, 2010 Written by Annalyn Frame

Check Out:

Swinton Insurance

 There comes a time in our life after we think about our self  do we need any protection for future like  life insurance or not. It is not a big resolution for all of us. Nobody likes to be reminded of their very own mortality, in any case! , it’s a choice that comes to our life all at sure instances  – especially if we now have kids to offer them good future.
Truthfully it’s worth,  whereas we consider of taking out life insurance at any stage of your life – especially as we reach center of age and start to amass mortgages and other monetary commitments. The basic fact is that it does not matter if we’ve  household to consider for or not however, if now we have some sort of financial commitments then we have to contemplate about what is going to happen if we die out of the blue. We’ve got to do not forget that it doesn’t matter how wholesome we think of our self – however  we might die in a automobile accident or get run over by a prepare tomorrow while crossing the railway line!
We should think about few things, what would happen to our financial commitments if we die unexpectedly. Many individuals have no idea that the money they owe on some sort of  loans and mortgages doesn’t essentially pay for itself after their demise  There should be somebody who must maintain  its repayment. Finally, in the easiest of type we’ve got to consider about who would pay for our funeral at the finish of the day.
Life insurance coverage may be price fascinated about at this stage – it is rather necessary, however, when you have a household so as to add to the equation. If you have a companion and/or youngsters then take into account about how they would meet financially if we did die and our salary died with us. This isn’t nearly managing issues just like the mortgage, loans – it’s also all about figuring out how they’ll pay for all times’s necessities by no means thoughts life’s luxuries after us. If we protect them with a strong life insurance coverage then they may at the very least meet financially throughout what might be a very troublesome time for them.
The necessary factor to remember in thoughts with life insurance coverage is, that it doesn’t need to value the land. Life insurance coverage policies as of late are available at small value – we actually may very well be paying just a small amount dollar a month to get the suitable ranges of safety with satisfaction. To make issues easier and clear many business specialists advocate that we store round for the most effective life insurance coverage quote as the sector is extremely aggressive  today and off course this is easily done – there are lot of websites  that may assist us swiftly by way of competitive quotes so we can find the most affordable policies in only a matter of minutes. This can be a great way of getting the life insurance coverage cowl we’d like with out spending much time or money in the process.

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Analyst Job

Filed Under: Healthcare Plan News

Contemplating a Mortgage Refinance

Posted on August 11, 2010 Written by Annalyn Frame

Check Here Now:

Saga Insurance

 If you are looking for a mortgage refinance, it never hurts to shop round for the perfect charge and deal. Purchasing round may imply the difference between paying or saving thousands of dollars in closing costs, and curiosity charges’.
If time happens to be on your aspect, and you don’t have to refinance your mortgage instantly, take some time to coach yourself in regards to the mortgage industry.
By educating your self about the mortgage business, you are basically putting yourself into the driving force’s seat.
There may be a lot mortgage jargon, terms, and definitions that shall be thrown at you when contemplating a mortgage refinance, that it is impossible for anybody person to know everything.
It is not necessary to turn out to be an professional in the mortgage industry.  You simply need to have considerably of an understanding. This fashion, while you’re purchasing around for a mortgage refinance, your decision on which lender you wish to work with, will be all of the extra educated.
The mortgage industry is a very aggressive one, so by procuring round, and making it clear that you’re purchasing around to the lenders or brokers you might be coping with, they will be forced to return again at you with the best deal possible. They know that they’re competing with different mortgage firms, and they won’t want anybody else to get your enterprise, so they’ll offer you the most effective fee out there to them to be able to hold your business.
Bear in mind when a mortgage officer or broker provides you a deal that sounds too good to be true, it just may be, so be careful. You don’t wish to get to the closing desk solely to search out out you aren’t getting what you thought you have been getting.
Remember, earlier than you commit to a lender, ask for the whole lot they told you to be despatched to you in writing, this fashion you won’t have any surprises at the table.
This is the reason it’s so essential to educate yourself in regards to the mortgage industry.
With just a truthful quantity of data, you’ll have a general understanding of what you are being supplied, and it is possible for you to to determine whether or not or not the deal is reasonable.
My suggestion to you’ll be to allow for as much as 4 loan officers or brokers to evaluate your situation. Whichever one comes again with the very best, and most cheap deal, needs to be the one for you to consider.

Go Here:

Tax Credits Helpline

Filed Under: Healthcare Plan News

Life Insurance coverage – Smokers and Overweights pay over 50% extra!Short term health insurance

Posted on August 11, 2010 Written by Annalyn Frame

Go Here:

Elephant Car Insurance

 The life insurance business is becoming tougher on smokers and people of us who’re overweight. 
When an insurance coverage firm calculates its premiums, it has to work out the chance of you dying while the coverage is in force. (Or with Essential Illness Insurance, the chance that you will change into critically or significantly unwell through the policy’s term.) On this context, smoking and weight problems have change into increasingly important issues. 
The life insurance coverage business pointedly ignores the views of some Professional Smoking Strain Groups which argue that people who smoke underneath the age of 40 have across the same chance of dieing as non smokers. David Pickett, Life Insurance coverage Manager at Sainsbury’s spoke for the insurance coverage business when he confirmed “Well being risks related to smoking can have an enormous impact on life cover costs. It’s vital for those who have kicked the behavior to overview their insurance policies”. 
Simply how big an impact smoking has on life insurance costs was highlighted in a current snapshot research by www.express-life-insurance.co.uk. This discovered that the typical smoker paid 56% more than a non-smoker. The study was primarily based on nine of the UK’s top insurance firms and examined the premiums quoted for two men aged 30 asking for £one hundred,000 cover over 25 years. The only distinction between the appliance details was that one was a smoker and the opposite wasn’t. 
The life insurance business has additionally recently tightened its belt on the obese members of society. Beforehand, only individuals with a Body Mass Index of 33 or extra have been considered as overweight. This stage has now been diminished by 16%. Now anybody with a BMI of 28 or more is prone to face premiums loaded by 50%. In the event you’re anxious to know whether that includes you, you’ll need a calculator! BMI is calculated by dividing your weight in kilos by your peak in meters and the result squared. 
So when you’re intending to use for all times insurance coverage is could also be as well to unfastened just a few pounds first – oops kilos – and they’re much more durable to lose than kilos! 
It is not fairly so straightforward for smokers. To qualify as a non-smoker, most insurance coverage companies insist that you should not have “smoked or in any other case consumed any form of nicotine products during the previous 12 months.” Certainly, some companies go further and lengthen the qualifying interval to five years! 
As a result of premiums for people who smoke and chubbies are so excessive, it turns into even more essential to hunt out the most cost effective possible prices. As you’re an internet surfer, the percentages are you will land a great discount. Just seek for low-cost life insurance and let your fingers do the strolling!! You’ll still pay extra but the low cost will soften the affect on the wallet. Count on on-line savings of 10% – 15%.

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List of Banks

Filed Under: Healthcare Plan News

Laptop Insurance

Posted on August 11, 2010 Written by Annalyn Frame

Check Here Now:

Saga Insurance

 Investing in a private pc is just not less an amount. It is subsequent solely to investing in a house or a car. So, it’s not unwise an idea to insure your laptop and its allied equipment like peripherals and software. However, how a lot protection you get for what accessory is dependent upon individual market offer. There are several threats your pc would possibly face. Equivalent to virus attack, information corruption, system crashing down, peripheral malfunctioning and lots of more. Thus, it will be important for you to defend your investment by proper insurance coverage. There are certain features of pc insurance you will need to know.
<b>Protection under homeowner or renter’s policy</b>
In many of the instances if in case you have homeowner or renter’s policy your house equipment and property are additionally lined in that and so is your computer. It’s covered in opposition to all of the threats and disasters listed in the policy. Thus, in case your laptop gets stolen or gutted in hearth you’ll be able to claim for the damages. Nonetheless, your computer gets coated just for the quantity listed in your policy.
<b>Replacement cost and precise cash worth</b>
Though substitute value is 10 p.c costlier as in comparison with Precise money worth, conserving in mind that things depreciate quick, this is a very wise move. The reimbursement you get on substitute price is the same as the current value of your pc and not the petty depreciated cost you would get with actual money worth policy. 
<b>Coverage for Laptop computer and transportable laptop</b> 
Laptop and moveable computers are considered private possessions away from home below the homeowners or renter’s policy. Thus, they are additionally lined beneath this policy. However, there is a dollar limit on private possession which can be stolen or broken away from home.
Computers don’t only get covered below the homeowners or renter’s policy. Plenty of insurance companies supply individual insurance coverage policies for computer systems as well. It is important to do not forget that if you buy a pc insurance coverage you need to retain the receipt of the coverage in addition to that of the computer and its peripherals very carefully. 
Pc insurance coverage is important for students, enterprise professionals, small enterprise owners, colleges, residence users with heavy usage and lots of extra individuals who use computers for his or her crucial applications. Computer insurance coverage doesn’t cowl sure items corresponding to maintenance costs, electrical or mechanical breakdown, wear and tear, fraud and dishonesty, consequential loss, and loss or injury caused by sonic bangs. Nonetheless, they’re well coated beneath the guarantee/prolonged guarantee of the equipment.

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Home Loan EMI Calculator

Filed Under: Healthcare Plan News

Medifocus Inc. Announces Closing of Private Placement

Posted on August 10, 2010 Written by Annalyn Frame

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Aug. 10, 2010) –

(NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA)

Medifocus Inc. (TSX VENTURE:MFS)(PINK SHEETS:MDFZF) (“Medifocus” or the “Company”) announces the completion of a private placement of 2,449,997 Units (the “Units”) at a price of $0.30 per Unit for gross proceeds of $734,999. Each unit is comprised of one Common Share and one Series A Common Share purchase warrant. Each Series A Common Share purchase warrant will entitle the holder to purchase one additional Common Share at a price of $0.50 for a period of 24 months following the closing of the offering. If, at any time prior to April 26, 2012, the daily volume weighted average trading price of the Company’s common shares on the TSX Venture Exchange exceeds $0.75 for at least 10 consecutive trading days, the Company may, within 30 days of such occurrence, give an expiry acceleration notice to the holders of warrants and, if it does so, the warrants will, unless exercised, expire on the 30th day after the expiry acceleration notice is given.

Securities issued in connection with the private placement and any shares issued upon the exercise of the warrants will have a hold period in Canada until December 7, 2010.

The net proceeds of this offering will be primarily used to initiate a pivotal phase III clinical trial using the Company’s Microfocus APA 1000 System for the treatment of breast cancer (including all related professional expenses) and for working capital.

Medifocus also announces that it is in the process of finalizing the previously announced debt settlement with certain third party creditors, employees and service providers. Subject to approval by the TSX Venture Exchange, Medifocus will issue an aggregate of 3,592,105 common shares at an aggregate deemed price of $0.50 per common share to settle such outstanding debt. The common shares issued will be subject to hold periods pursuant to applicable securities laws as well as the policies of the TSX Venture Exchange.

Medifocus owns a patented microwave focusing technology platform (the Adaptive Phased Array (“APA”) technology), which can precisely target and control microwave energy to cause heating in cancerous tumors anywhere in the body reliably and repeatedly. The ability to target tumors with a precision controlled dose of heat can be used to destroy tumors at higher temperatures, to treat tumors in combination with chemotherapy and/or radiation at moderate temperatures for increased effectiveness and reduced toxicity and to trigger the targeted release of therapeutic drugs and genes at tumor sites at lower temperatures. While the core technology has been licensed from the Massachusetts Institute of Technology, Medifocus has further refined the precision of the microwave focusing and control ability and developed a commercial system dedicated exclusively for the treatment of Breast Cancer. Please visit www.medifocusinc.com for more details.

Filed Under: Medical And Healthcare

www.aurora-it.us: Medical Website Design Company Aurora Information Technology Talks About the "Stickiness" of Your Website

Posted on August 10, 2010 Written by Annalyn Frame

SOURCE: Aurora Information Technology, Inc.

COLD SPRING, NY–(Marketwire – August 10, 2010) –  Though it sounds strange enough, the “stickiness” of your medical website is critical to its ultimate success. It is the way you get visitors to your site, keep them there and get them to return over and over. “Your website needs to make a good impression in order for your potential patients to spend more than 30 seconds on it,” said Daniel Gilbert, CEO of Aurora Information Technology (Aurora IT), a medical website design and physician marketing company based in Cold Spring, New York.

“The challenges in medical website marketing are endless,” explains Gilbert. “First, you have to build your site and get traffic to it. Then you have to keep them there and not click away after a few seconds thinking there is nothing there for them. Stickiness is what makes visitors into patients.”

And how is “stickiness” accomplished? Gilbert believes a good Content Management System (CMS) is vital, such as the Bitrix Site Manager that they employ in their website designs. Aurora IT is a Certified Gold Bitrix Partner and they stand behind the offerings of the product to improve a site’s traffic. “Bitrix CMS includes a series of building blocks that perform certain functions, such as blogs, calendars, newsletters, etc.,” said Gilbert, “But the Bitrix CMS goes a step beyond with features and functions that can make your medical website sticky, interactive and functional.”

Gilbert offers these CMS offering basics and value-added extras that can optimize your website’s stickiness and make it attractive to current and future patients:

Content: Relevant and updated content is the most important factor in attracting visitors. For doctors, medical condition, treatment and practice information communicate value to your visitors.

Photo Gallery: People in search of medical information are visual creatures and appreciate quality photographs, especially before and after photos and pictures of conditions and outcomes. Be sure not to have too many graphics or photos that are heavy and slow to load because most patients are not patient.

Social Networking: In addition to Facebook or Twitter, your medical website can feature social networking via forums and message boards that allow your visitors to make contributions to the site by providing comments and participating in discussions. Building community is excellent marketing.

Newsletters: Newsletters bring return visitors and are an effective form of e-marketing. They should contain useful, relevant information as well as possible promotions. Be sure to have visitors opt-in and allow them to unsubscribe easily or you will damage your reputation.

Events Calendar: Put information seminars, patient related events, workshops and more on an event calendar. Your visitors will see the value-add and you will drive more traffic not only to your site but also to your practice.

Media Player: Video and audio give your patients a dynamic, interactive experience. You can feature promotions, provide tutorials and introduce your practice to patients. The engaging nature of video and audio encourages users to spend more time on a page and help you “upsell,” because these clips can relay more essential information in less time.

“Website stickiness gets potential patients to stay and explore everything relevant to them in your website,” concluded Gilbert. “It incites them to read, interact, sign up, give feedback, and transform them from a casual surfer into a repeat visitor and future patient.”

Contact:

Aurora Information Technology, Inc.
Medical Website Design and Medical Marketing
Ph: 914-591-7236
http://www.aurora-it.us

Click here to see all recent news from this company

Filed Under: Medical And Healthcare

An Expansion Of Payday Loans And Financial Issues

Posted on August 10, 2010 Written by Annalyn Frame

We cannot deny how tough current finance issues are today for Americans and also from a global stance. The key to making it through these tumultuous times are staying conscious, being proactive, and assuming responsibility for your financial decisions.

When the economy heads south, many adults consider that state of their 401. This makes sense, as the 401 is for some one of the main sources of retirement and financial security after full-time employment. Despite how convincing this sounds, ultimately this is not a good financial practice. The reason this is such a poor financial behavior is because usually investors cannot determine the market and in turn their 401k. Just as soon as they draw money out and stop contributing, stocks improve and 401k recovery commences.

You can beat this economy; all it takes is taking charge of your finances and making smart financial decisions is crucial to surviving these next few years. Some preferences, such as taking payday loans should also be thought about to help in the near future.

This financial behavior will give you a competitive edge compared to other people.

Besides the 401k conundrum, an additional way to survive in this current financial crisis is to think critically and assertively about the speculative markets that have in part resulted in the recession. Practices such as house-flipping or speculatively buying and selling stock can have detrimental effects on your finances. This is the kind of practices that economists hold largely responsible for the current finance issues that are being experienced globally.

While this may not have much profit on an individual scale, if one flips several houses simultaneously, this could result in a significant profit. Unfortunately, it is practices like these that end of hurting the economy for the worse. This idea also applies to faulty investors, who might buy stock and quickly sell it for a higher price, resulting in again a high turnout with reasonable profit

Despite these scams, there are ways to avoid such practices. Be critical of your investments. Do not be afraid to question the financial decisions of an investor. Be critical of your investments in extraneous businesses. Avoid house-flipping markets and other similar enterprises. In other words, staying proactive about what you are doing with your money is one of the main ways to stay on top of the ball, and to keep your finances in check for the future.Yes, these are hard times for everybody. But you can do this. You can overcome this economy. All it takes is a little research, consultation, and, most of all, patience. If an individual are not able to wait however, there are countless online cash advance companies there to be thought of and these can support some funding demands.

 

Filed Under: Healthcare Plan News

HearUSA Reports Second Quarter 2010 Results

Posted on August 10, 2010 Written by Annalyn Frame

SOURCE: HearUSA

WEST PALM BEACH, FL–(Marketwire – August 10, 2010) – HearUSA, Inc. (NYSE Amex: EAR), a
leader among the nation’s hearing care providers, reported financial
results for the second quarter ended June 26, 2010.

Financial Results for Second Quarter 2010

In the second quarter of 2010, net revenues increased 9% to $21.4 million
from $19.6 million in the previous quarter, but decreased 6% from $22.7
million in the second quarter of 2009. The decrease year-over-year was
principally the result of some insurance plans eliminating, changing or
limiting their hearing care benefits at the beginning of 2010. The company
implemented a number of plans and strategies during the first quarter of
2010 which helped to replace most of the lost insurance business, including
increased marketing to its existing insurance base and private pay
customers. The company also increased the marketing of its AARP Hearing
Care Program and made it available to AARP members in 45 states through all
177 HearUSA centers and a network of independent AARP Hearing Care Program
providers. These combined efforts were the primary cause of the 9% increase
in second quarter revenue over the previous quarter.

The loss from continuing operations totaled $1.9 million in the second
quarter of 2010, compared to a loss of $2.5 million in the previous
quarter, and income of $963,000 in the second quarter of 2009. The loss
from continuing operations includes AARP advertising costs of $957,000
incurred in the second quarter of 2010 compared to $253,000 in the previous
quarter and none incurred in the second quarter of 2009. Advertising,
royalties and administrative costs associated with the AARP program totaled
$1.3 million in the second quarter of 2010, $588,000 in the previous
quarter and $142,000 in the second quarter of 2009.

Net loss attributable to common stockholders was $2.2 million or $(0.05)
per basic and diluted share in the second quarter of 2010, as compared to a
net loss of $2.7 million or $(0.06) per basic and diluted share in the
previous quarter of 2010, and net income of $1.1 million, or $0.03 per
basic and $0.02 per diluted share, in the same year-ago period. Net loss
attributable to common shareholders in the second quarter of 2009 included
income from discontinued operations of $336,000 or $0.01 per basic and
diluted share.

Management Commentary

“Our focus during the second quarter of 2010 was to increase revenues to
offset the loss of the managed care business in the first quarter and to
expand the reach of the AARP program,” said Stephen Hansbrough, CEO and
chairman of HearUSA. “The 9% increase in revenues over the first quarter of
2010 and the successful launch of the AARP program to AARP members in a
total of 45 states has given us a strong base for continued success going
into the third quarter.

“We have seen appointments grow at an accelerating pace since we launched
our AARP national advertising campaign, and AARP included the HearUSA
program in its publications and web sites in the latter half of the second
quarter. We expect this momentum to continue and believe that center
revenues will grow between 9% and 15% in the second half of 2010 when
compared to the first half, and our target is to grow center revenues 15%
to 20% in 2011 when compared to 2010.

“We will focus primarily on expanding the number of independent providers
participating in the AARP network during the rest of 2010 and expect to
have more than 800 participating providers by the end of the year,”
continued Mr. Hansbrough. “Both HearUSA and AARP will also continue to
increase awareness and member communications during the remainder of the
year. We believe that it will take time to fully develop the provider
network and educate the AARP membership base. Our targets for 2011 are to
expand the AARP network to more than 2,000 participating providers and
generate AARP network sales of over 30,000 units.”

Conference Call

HearUSA will hold a conference call at 4:30 p.m. Eastern time, August 10,
2010, to discuss its second quarter 2010 financial results. The company’s
senior management will host the presentation, which will be followed by a
question and answer period.

To participate in the call, dial the appropriate number 5-10 minutes prior
to the start time, request the HearUSA conference call and provide the
conference ID: 7HEARUSA.

Date: Tuesday, August 10, 2010
Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)
Domestic callers: 1-800-862-9098
International callers: 1-785-424-1051
Conference ID#: 7HEARUSA

A Web simulcast and replay will be available via the investor relations
section of the company’s website at www.hearusa.com.

If you have any difficulty connecting with the conference call or webcast,
please contact the Liolios Group at 1-949-574-3860.

A telephone replay of the call will be available later that evening and
will be accessible until August 17, 2010:

Toll-free replay number: 1-877-870-5176
International replay number: 1-858-384-5517
Replay Pin Number: 11721

About HearUSA

HearUSA is the recognized leader in hearing care for the nation’s top
managed care organizations through its 177 company-owned centers and
network of more than 2,000 hearing care providers. HearUSA is the nation’s
only hearing care provider accredited by URAC, an independent, nonprofit
health care accrediting organization dedicated to promoting health care
quality through accreditation, certification and commendation. HearUSA is
also the administrator of the AARP Hearing Care Program, designed to help
millions of Americans aged 50+ who have untreated hearing loss. For more
information about HearUSA visit www.hearusa.com, or go to
www.hearingshop.com for a wide selection of hearing related products
available for purchase online.

Forward Looking Statements

This press release contains forward-looking statements within the meaning
of the Securities Litigation Reform Act of 1995, including those statements
that HearUSA plans to expand its AARP program to include more than 800
participating independent hearing care providers during the course of 2010
and over 2,000 participating providers in 2011; that the company expects
second quarter 2010 momentum to continue; that the company believes that
center revenues will grow between 9% and 15% in the second half of 2010
when compared to the first half of 2010; that the company’s target is to
grow revenues 15% to 20% in 2011 when compared to 2010; and that the
company plans to generate AARP network sales of over 30,000 units. These
statements involve certain risks and uncertainties that could cause actual
results to differ materially from those in the forward-looking statements.
Potential risks and uncertainties include such factors as the company’s
continuing ability to replace lost and decreased revenue from insurance
contracts with increased self-pay revenue, replacement insurance agreements
and other revenue; the company’s ability to attract and retain a sufficient
number of independent providers in all 50 states to participate in the AARP
program; the company’s ability to successfully integrate the AARP program
into its company-owned centers; the ability of the Company to capitalize on
the advertising efforts for the AARP program; the company’s ability to
control costs; the company’s ability to generate sufficient cash flows to
fund its various advertising campaigns; the ability of the company to
maintain unit sales of Siemens hearing aids; market demand for the
company’s goods and services; changes in the pricing environment; general
economic conditions in those geographic regions where the company’s centers
are located; consumer confidence in the general economy; the impact of
competitive products; and other risks and uncertainties described in the
company’s filings with the Securities and Exchange Commission, including
the company’s Form 10-K for the fiscal year ended December 26, 2009.



                               HearUSA, Inc.
                  Consolidated Statements of Operations
            Three Months Ended June 26, 2010 and June 27, 2009
                                (unaudited)


                                                 June 26,       June 27,
                                                   2010           2009
                                               ------------   ------------
                                                 (Dollars in thousands,
                                                except per share amounts)

Net revenues
Hearing aids and other products                $     19,796   $     20,653
Services                                              1,613          2,014
                                               ------------   ------------
Total net revenues                                   21,409         22,667
                                               ------------   ------------

Operating costs and expenses
Hearing aids and other products                       5,290          5,072
Services                                                412            388
                                               ------------   ------------
Total cost of products sold and services
 excluding depreciation and amortization              5,702          5,460

Center operating expenses                            12,209         10,908
General and administrative expenses                   3,769          3,661
Depreciation and amortization                           564            588
                                               ------------   ------------
Total operating costs and expenses                   22,244         20,617
                                               ------------   ------------
Income (loss) from operations                          (835)         2,050
Non-operating income (expenses)
Gain (loss) on foreign exchange                          (5)           375
Interest income                                           5              -
Interest expense                                       (841)        (1,252)
                                               ------------   ------------
Income (loss) from continuing operations
 before income tax expense                           (1,676)         1,173
Income tax expense                                     (220)          (210)
                                               ------------   ------------
Income (loss) from continuing operations             (1,896)           963
Discontinued operations attributable to
 HearUSA, Inc.
Income from discontinued operations, net of
 income tax benefit of $270 in 2009                       -            250
Gain on sale of discontinued operations                   -          1,632
Income tax expense on sale of discontinued
 operations                                               -         (1,546)
                                               ------------   ------------
Income from discontinued operations                       -            336
                                               ------------   ------------
Net income (loss)                                    (1,896)         1,299

Net income attributable to noncontrolling
 interest                                              (238)          (131)
                                               ------------   ------------
Net income (loss) attributable to HearUSA,
 Inc.                                                (2,134)         1,168
Dividends on preferred stock                            (32)           (35)
                                               ------------   ------------

Net Income (loss) attributable to HearUSA,
 Inc. common stockholders                      $     (2,166)  $      1,133
                                               ============   ============

Loss from continuing operations attributable
 to HearUSA, Inc. common stockholders per
 common share - basic                          $      (0.05)  $       0.02
                                               ============   ============
Loss from continuing operations attributable
 to HearUSA, Inc. common stockholders per
 common share - diluted                        $      (0.05)  $       0.02
                                               ============   ============

Net loss attributable to HearUSA, Inc. common
 stockholders per common share - basic         $      (0.05)  $       0.03
                                               ============   ============
Net loss attributable to HearUSA, Inc. common
 stockholders per common share - diluted       $      (0.05)  $       0.02
                                               ============   ============

Weighted average number of shares of common
 stock outstanding - basic                           44,922         44,837
                                               ============   ============

Weighted average number of shares of common
 stock outstanding - diluted                         44,922         45,340
                                               ============   ============

Amounts attributable to HearUSA, Inc. common
 stockholders:

Income (loss) from continuing operations, net
 of tax                                        $     (2,134)  $        832
Discontinued operations, net of tax                       -            336
                                               ============   ============

Net income (loss) attributable to HearUSA,
 Inc. common stockholders                      $     (2,134)  $      1,168
                                               ============   ============





                               HearUSA, Inc.
                        Consolidated Balance Sheets
                                (unaudited)


                                                 June 26,     December 26,
ASSETS                                             2010           2009
                                               ------------   ------------
                                                 (Dollars in thousands,
                                                except per share amounts)
Current assets
Cash and cash equivalents                      $      4,026   $      7,037
Short-term marketable securities                      1,306          4,106
Accounts and notes receivable, less allowance
 for doubtful accounts of $677 and $616               5,506          5,554
Inventories                                           1,409          1,844
Prepaid expenses and other                              417            464
                                               ------------   ------------
Total current assets                                 12,664         19,005
Property and equipment, net                           3,463          4,021
Goodwill                                             51,928         51,495
Intangible assets, net                               12,529         12,816
Deposits and other                                      698            731
Restricted cash and cash equivalents                  3,252          3,245
                                               ------------   ------------
Total Assets                                   $     84,534   $     91,313
                                               ============   ============

LIABILITIES AND STOCKHOLDERS'  EQUITY
Current liabilities
Accounts payable                               $      9,458   $      7,070
Accrued expenses                                      1,907          2,253
Accrued salaries and other compensation               3,224          3,520
Current maturities of long-term debt                  5,357          5,983
Income taxes payable                                      -          1,974
Dividends payable                                        35             35
                                               ------------   ------------
Total current liabilities                            19,981         20,835
                                               ------------   ------------
Long-term debt                                       33,781         36,139
Deferred income taxes                                 7,775          7,335
                                               ------------   ------------
Total long-term liabilities                          41,556         43,474
                                               ------------   ------------
Commitments and contingencies
                                               ------------   ------------

Stockholders' equity
Preferred stock (aggregate liquidation
 preference $2,330, $1 par, 7,500,000 shares
 authorized)
Series H Junior Participating
 (none outstanding)                                       -              -
Series J (233 shares outstanding)                         -              -
                                               ------------   ------------
Total preferred stock                                     -              -

Common stock: $.10 par; 75,000,000 shares
 authorized 45,451,160 and 45,381,750 shares
 issued                                               4,545          4,538
Additional paid-in capital                          138,359        137,863
Accumulated deficit                                (119,804)      (114,982)
Treasury stock, at cost: 523,662 common shares       (2,485)        (2,485)
                                               ------------   ------------
Total HearUSA, Inc. Stockholders' Equity             20,615         24,934

Noncontrolling interest                               2,382          2,070
                                               ------------   ------------
Total Stockholders' equity                           22,997         27,004
                                               ------------   ------------
Total Liabilities and Stockholders' Equity     $     84,534   $     91,313
                                               ============   ============

Company Contact:
HearUSA, Inc.
Stephen J. Hansbrough
Chairman and CEO
Tel 561-478-8770, ext. 132

Investor Relations
Scott Liolios or Ron Both
Liolios Group, Inc.
Email: Email Contact
Tel 949-574-3860

Filed Under: Medical And Healthcare

VALLEYLIFE Launches Sponsorship Program and Hosts Open House

Posted on August 10, 2010 Written by Annalyn Frame

SOURCE: VALLEYLIFE

PHOENIX, AZ–(Marketwire – August 10, 2010) –  VALLEYLIFE, a not for profit organization committed to serving individuals with developmental disabilities, launched a sponsorship program to benefit its disabled members and invites the public to attend an open house. For more than 63 years, VALLEYLIFE has provided services to its disabled members so they might not only meet daily essential needs, but to achieve a brighter future with programs that support job training, housing, social activities, and independent living skills. 

Due to a recent termination in state funding, more than 700 disabled citizens in Arizona have been cut from their programs. At VALLEYLIFE, 17 members are directly affected and no longer receive government funding. Despite this, the staff at VALLEYLIFE has continued to provide its members the ongoing support they need. 

“Most of the members directly affected have no family. The staff at VALLEYLIFE has become their family and they, a part of ours. We will continue to provide the programs as long as we can, but without appropriate services, some of our disabled members may end up on the street or in jail,” said Cletus Thiebeau, CEO of VALLEYLIFE.

VALLEYLIFE’s sponsorship program enables local business and private citizens an opportunity to support the community they live in by providing our members with services they need to be independent. The cost to sponsor a member for one hour of service is $4, the cost of a gourmet cup of coffee. The programs range from vocational services where a member is able to earn money, to day treatment program services, where a developmentally disabled member is under the care of a qualified staff member.

VALLEYLIFE prides itself in its low administrative cost of 7 percent; 93 cents of every dollar goes directly into the programs, directly making a difference in the lives of its members. Their motto is: Changing lives. Creating Community. Today, VALLEYLIFE is humbly turning to its community for financial support so that their organization can continue to provide services to a population of people often forgotten, developmentally disabled adults.

Please show your support by calling in a monthly pledge or sending in a one-time donation. The staff at VALLEYLIFE also welcomes the public to an open house at their facility. Donors will see first-hand how even the most modest financial donation goes a long way, directly touching the lives of those who need immediate help and care.

To learn more about VALLEYLIFE, please visit www.VALLEYLIFEaz.org

Contact:
Marlo Sneddon
(602) 216-6378
Email Contact

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Filed Under: Medical And Healthcare

Revenue Cycle Inc. Announces Timely Partnership With The Oncology Group LLC as Cancer Services Market Continues Integration Model

Posted on August 10, 2010 Written by Annalyn Frame

SOURCE: Revenue Cycle Inc.

AUSTIN, TX–(Marketwire – August 10, 2010) –  As a recognized leader in the business of medical and radiation oncology, Revenue Cycle Inc. announces a new partnership with The Oncology Group. The affiliation continues a growing trend for Revenue Cycle, known for its broad-based oncology consulting work and education and training services.

As one of the premier cancer care consulting organizations in the nation, The Oncology Group will join the 3 core businesses that are Revenue Cycle: RC Billing for medical practice coding, billing, insurance submissions and AR management; Revenue Cycle consulting services which offer complete audits to measure charge capture accuracy and standards compliance; and NDevor, a healthcare facilities development company.

“We are pleased to add The Oncology Group as an affiliate and look forward to the continued growth of our companies,” says Revenue Cycle Inc. Chief Executive Officer Ron DiGiaimo. “Recognizing a need for a ‘best of the best’ is part of the company culture, and dictates everything Revenue Cycle does on a daily basis; the merger will increase our combination of resources and expertise.”

President of The Oncology Group Marsha Fountain adds, “The Oncology Group will continue its tradition of customized oncology services consulting and strategic planning for community and academic cancer centers. Our relationship with Revenue Cycle Inc., and their position as a key source of thought leadership within the physician practice arena increases both firms’ influence within an integrating cancer services market.”

The combined activities of both companies will continue The Oncology Group’s focus on all aspects of oncology growth and business management. Leaders from both merger partners agree that the strategic alliance will benefit their clients, as hospitals work to create and sustain integrated 21st century cancer centers and physician practices. For more information about Revenue Cycle Inc., please visit www.revenuecycleinc.com. To contact The Oncology Group visit www.theoncologygroup.com.

Media Contact:
Annie Jones
Rock Candy Media
[email protected]
512.944.0049

Filed Under: Medical And Healthcare

VA Pittsburgh Chooses ClearCount Medical Solutions to Prevent Retained Surgical Sponges

Posted on August 10, 2010 Written by Annalyn Frame

SOURCE: Medline Industries, Inc.

SmartSponge System, Distributed by Medline, Is the Only System to Count and Detect

MUNDELEIN, IL–(Marketwire – August 10, 2010) –  ClearCount Medical Solutions and Medline Industries, Inc. today announced that their newest customers, the VA Pittsburgh Healthcare system, will help prevent retained surgical sponge incidents with the use of the SmartSponge System®. The SmartSponge System is part of ClearCount’s radio-frequency identification (RFID)-based platform that uniquely identifies each sponge so that they can be easily counted and detected. Medline is the exclusive distributor for the SmartWand-DTX and the SmartSponge System, the only FDA-cleared systems using RFID to both count and locate surgical sponges.

“We are pleased to derive the benefits of such a comprehensive solution for the prevention of retained surgical sponges,” said Mark A. Wilson, M.D., Ph.D. Chief Surgeon and Medical Director of the Surgery Specialty Service Line, VA Pittsburgh. “We use the SmartSponge System to improve patient safety in our ORs with the goal of also improving efficiency. The uniqueness of this RFID platform is its integration of both counting and detection strategies. It is capable of growing with our patient safety initiatives, and we look forward to the future benefits it will provide.”

“The SmartSponge System provides a safety net for human error. Despite the level of experience of staff, individuals are bound to make mistakes. Distractions during counting and the mundane simplicity of ‘counting’ make the inevitability of losing track of a sponge a constant reality. The use of a system that virtually eliminates retained sponge incidents allows us to meet our ethical obligation to our patients,” said William Stevens, RN, BSN, CNOR Nurse Manager OR/PACU Surgery Specialty Service Line, VA Pittsburgh.

The VA Pittsburgh hospital has implemented SmartSponge Systems into its full suite of operating rooms. The national Veterans Health system, which includes 155 medical centers and 842 outpatient clinics, is the largest health care system in the US, with more than 5 million of the 25 million veterans alive today receiving its services.

“We’re pleased to add the VA Pittsburgh to our customer base,” said David Palmer, Chief Executive Officer of ClearCount. “The VA Pittsburgh has shown great leadership in terms of innovation and its commitment to patient safety. We are proud to now be a part of that continued tradition.”

Despite designation as a “never event,” retained items are estimated to occur in one of every 1,000 to 1,500 abdominal surgical procedures, which can lead to hospital inefficiencies, unnecessary costs, serious infections and even death. Hospital infections add an estimated $30.5 billion to the nation’s hospital costs each year. In one study using a retrospective review of medical malpractice claims data from a statewide insurer in Massachusetts, sponge counts had been falsely correct in 76 percent of non-vaginal surgical cases involving retained sponges. Falsely correct sponge counts were attributed to team fatigue, difficult or long operations, sponges “sticking together,” shift changes or procedures with a large number of sponges.

About ClearCount Medical Solutions
ClearCount Medical Solutions is a medical device company focused on patient safety solutions. ClearCount has assembled an extendable RFID-based platform that provides a comprehensive solution to improve efficiency while preventing medical errors, distributed exclusively by Medline. ClearCount Medical Solutions has been recognized with a Popular Science 2009 Best of What’s New Award, and has received additional recognition from TIME and WIRED magazines, the 2009 Wall Street Journal Technology Innovation Award, the International Design Excellence Award (IDEA) and more. ClearCount’s SmartSponge and SmartWand-DTX systems are the only RFID enabled systems for counting and detecting surgical sponges, thereby improving patient and OR safety, enhancing productivity, and reducing cost. To learn more, visit www.clearcount.com.

About Medline Industries, Inc. 
Medline, the nation’s largest privately held manufacturer and distributor of healthcare products, manufactures and distributes more than 100,000 products to hospitals, extended-care facilities, surgery centers, home care dealers and agencies. Headquartered in Mundelein, Ill., Medline has more than 900 dedicated sales representatives nationwide to support its broad product line and cost management services.

Over the past five years, Medline has been the fastest-growing distributor of medical and surgical supplies in the U.S., serving as the primary distributor to over 450 major hospitals and healthcare systems. As a leading distributor, Medline offers a comprehensive array of consulting and management services encompassing the supply chain and logistics, utilization and standardization, business tools and enhanced reporting capabilities and on-staff clinicians.

Medline Media Contacts:
Jerreau Beaudoin
(847) 643-3011
John Marks
(847) 643-3309

ClearCount Medical Solutions:
Jennifer Bannan
(412) 580-3675

Filed Under: Medical And Healthcare

Long Term Care & Nursing Home Information Systems Markets to Reach $674.9 Million by 2016

Posted on August 10, 2010 Written by Annalyn Frame

SOURCE: MarketResearch.com

ROCKVILLE, MD–(Marketwire – August 10, 2010) –  MarketResearch.com has announced the addition of Wintergreen Research’s new report “Long Term Care and Nursing Home Information Systems Market Shares, Strategies, and Forecasts, Worldwide, 2010 to 2016” to their collection of Information Technology market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=2746054

New long term care information systems have revolutionized the market, creating units that work across the board in long term care situations. This evolution of the software means that clinicians have more flexibility of care decisions, caring for people.

Information systems are emerging as a significant part of the nursing home and long term care delivery systems. All facilities have some kind of automated systems, but this study addresses the industry specific systems that are evolving with industry specific financial management and process integration. Software leverages the efficiency of clinical process in ways that have never become possible before. The electronic patient record can be integrated with financial systems, increasing the efficiency of transmitting services description to the insurance providers.

The ability to capture services delivery electronically at the point of care is central to creating more efficient infrastructure for the providers. The system leverages virtually all the administrative and financial information needed to run a successful home care company. Information can be gathered right from the charts.

The significance of integration systems is not yet realized in nursing home information systems. Collaboration and electronic patient records promise to drive the efficiencies gained from electronic records in to the clinical delivery process, giving caretakers more time to spend with patients. As patients move from one care venue to another, the patient record is going to need to move with them. The hand©held, computer-based system guides home care clinicians through the entire patient care process. Clinicians can use structured record guides. The systems automate reporting.

The fundamental aspect of long term care and nursing home information systems implementation relates to patient treatment flexibility. The ability to be responsive to changing patient conditions is central to the task of controlling nursing home and skilled nursing facility costs. The ability of systems to support flexibility in managing patients to lower cost care delivery sites is anticipated to spur rapid growth of the electronic patient record for these facilities. Long term care and nursing home information systems markets at $225.8 million in 2009 are anticipated to reach $674.9 million by 2016.

Topics covered in the report include…

  • Nursing Home and Long Term Care Information Systems Market Description and Market Dynamics
  • Long Term Care Information Systems
  • Market Shares and Forecasts
  • Long Term Care Information System Product Description
  • Long Term Care Nursing Home Information Systems Technology
  • Long Term Care Nursing Company Profiles

For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=2746054

Contact:
Veronica Franco
MarketResearch.com
[email protected]
240.747.3016

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Filed Under: Medical And Healthcare

DiaMedica Announces Dr. Michael Giuffre to Join Board of Directors

Posted on August 10, 2010 Written by Annalyn Frame

WINNIPEG, MANITOBA–(Marketwire – Aug. 10, 2010) – DiaMedica Inc. (TSX VENTURE:DMA) today announced the appointment of Dr. Michael Giuffre to the company’s Board of Directors.

Dr. Giuffre is a Clinical Professor of Cardiac Sciences and Pediatrics at the University of Calgary. Dr Giuffre is currently a member on the board’s of the Alberta Medical Association and Unicef Canada. He is a past representative to the board of the Calgary Health Region and is an active participant in the biotechnology business sector.

“Dr. Giuffre’s clinical and business experience, particularly with his extensive cardiovascular background, will add additional depth to our Board,” stated Mr. Rick Pauls, President and CEO of DiaMedica.

“I am pleased to be joining the Board of Directors of DiaMedica at such a progressive time in its history,” stated Dr. Giuffre. “DiaMedica has very promising technology and I look forward to leveraging my experience as the company prepares for exciting and ambitious milestones.”

About Dr. Michael Giuffre

As a Clinical Professor of Cardiac Sciences and Pediatrics at the University of Calgary, Dr Giuffre maintains a portfolio of clinical practice, cardiovascular research, and university teaching. He maintains on-going involvement in both health care administration, and in the biotechnology business sector. Dr Giuffre is Past President of the Calgary and Area Physicians Association (CAPA) and a past representative to the board of the Calgary Health Region. Dr Giuffre holds a BSc in cellular and microbial biology, a PhD candidacy in molecular virology, an MD and an MBA. His Canadian Royal College board certified specialties include Pediatrics, Pediatric Cardiology and a subspecialty in Pediatric Electrophysiology.

As a biotechnology consultant, Dr. Giuffre has been involved with RedSky Inc. (acquired by Research in Motion), MDMI, and MedMira Inc. He is currently on the boards of IC2E Inc and FoodChek Inc. He serves on the Medical Advisory Board of the SADS Foundation and on the boards of Unicef Canada and the Alberta Medical Association. He is also an MD-MP contact for the Canadian Medical Association.

Dr Giuffre has recently received a Certified and Registered Appointment by the American Academy of Cardiology, “Distinguished Fellow of the American Academy of Cardiology,” and in 2005 was awarded “Physician of the Year” by the Calgary Medical Society.

About DiaMedica

DiaMedica is a biopharmaceutical company focused on developing novel treatments for diabetes and neurological disorders. The Company’s type 2 diabetes program is based on a critical liver nerve signaling mechanism involved in enhancing insulin sensitivity after meal consumption. Two of DiaMedica’s products, DM-71 and DM-99, have previously demonstrated human efficacy in lowering blood sugar levels in people diagnosed with type 2 diabetes based on this novel nerve signaling mechanism.

DiaMedica has expanded its DM-199 recombinant protein program into neurological and autoimmune disorders. The Company has demonstrated that DM-99, the naturally occurring form of DM-199, confers neural protection (protects brain cells) and triggers neural stem cell proliferation (creates brain cells) for the treatment of numerous neurological disorders including Alzheimer’s disease. DiaMedica is listed on the TSX Venture Exchange under the trading symbol “DMA”. For further information please visit www.diamedica.com.

Caution Regarding Forward-Looking Information

Certain statements contained in this press release constitute forward-looking information within the meaning of applicable Canadian provincial securities legislation (collectively, the “forward-looking statements“). These forward-looking statements relate to, among other things, DiaMedica’s objectives, goals, targets, strategies, intentions, plans, beliefs, estimates and outlook, and can, in some cases, be identified by the use of words such as “believe,” “anticipate,” “expect,” “intend,” “plan,” “will,” “may” and other similar expressions. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Specifically, this press release contains forward-looking statements regarding matters such as, but not limited to, the prospective Offering and the proceeds from the Offering, the anticipated use of proceeds from the Offering, regulatory approval of the Offering, and our other plans, estimates and expectations, including the completion of our proposed acquisition of Sanomune Inc. These statements reflect management’s current beliefs and are based on information currently available to management. Certain material factors or assumptions are applied in making forward-looking statements, and actual results may differ materially from those expressed or implied in such statements. Important factors that could cause actual results to differ materially from these expectations include, among other things: uncertainties and risks related to our ability to complete the Offering, the availability of financing, risks and uncertainties relating to the anticipated use of proceeds, changes in debt and equity markets, uncertainties related to clinical trials and product development, rapid technological change, uncertainties related to forecasts, competition, potential product liability, additional financing requirements and access to capital, unproven markets, the cost and supply of raw materials, management of growth, effects of insurers’ willingness to pay for products, risks related to regulatory matters and risks related to intellectual property matters. 
Additional information about these factors and about the material factors or assumptions underlying such forward-looking statements may be found in the body of this news release, as well as under the heading “Risk Factors” contained in DiaMedica’s 2008 annual information form. DiaMedica cautions that the foregoing list of important factors that may affect future results is not exhaustive. When relying on DiaMedica’s forward-looking statements to make decisions with respect to DiaMedica, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Such forward-looking statements are based on a number of estimates and assumptions which may prove to be incorrect, including, but not limited to, assumptions regarding the availability of financing for research and development companies, general business and economic conditions, and DiaMedica’s ability to complete its proposed acquisition of Sanomune Inc. These risks and uncertainties should be considered carefully and investors and others should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, DiaMedica cannot provide assurance that actual results will be consistent with these forward-looking statements. DiaMedica undertakes no obligation to update or revise any forward-looking statement. Additional risk factors, factors which could cause actual results to differ materially from expectations, and assumptions relating specifically to our proposed acquisition of Sanomune Inc. may be found in our press release dated February 18, 2010.

Filed Under: Medical And Healthcare

Allocade Announces Major New Features for Its Innovative Hospital Operations Management Software

Posted on August 10, 2010 Written by Annalyn Frame

SOURCE: Allocade Inc.

New Capabilities Dramatically Improve Hospital Patient Flow Management and Communication Amongst Caregivers; Compatible With All Web-Enabled Devices Including Smart Phones and Tablets

MENLO PARK, CA–(Marketwire – August 10, 2010) –  Allocade, Inc., the developer of healthcare’s most advanced tools to orchestrate patient flow, today announced the availability of new capabilities in its On-Cue® operations management software suite. On-Cue is powered by an artificial intelligence engine that orchestrates patient flow and automatically adapts to disruptions as they occur, enabling the industry’s only Dynamic Patient Itinerary™ — a time-tagged list of each patient’s preparation and procedure events that adapts in real-time as conditions change. This latest release from Allocade adds options to facilitate communications and manage operations while offloading logistical tasks from clinical staff.

The new capabilities for On-Cue were developed with input from customers. Key features include:

  • An enterprise viewer, which allows access to the software suite from anywhere in the hospital, and from any device that is browser-enabled such as smart phones and tablets with access to the hospital’s network.
  • Electronic protocoling that enables doctors, nurses and technologists to collaborate seamlessly, not only in preparation for procedures, but while they are actually in progress.
  • A portable equipment component that manages the impacts to schedules when staff and equipment go portable in the hospital.

“Allocade continues in its tradition of constant innovation and adaptability with its latest software release,” said Joyce Lasich, Imaging System Administrator, Medical City Dallas Hospital. “We installed the enterprise viewer on all of our front desk computers and we can now ensure a higher quality of patient care and transparency throughout the hospital. We have the ability to view all patients’ imaging schedules with all of the pertinent information for the study with one interface. In addition, caregivers can now send and receive information about the current status of a patient with minimal disruption to workflow, which allows for more time with the patent.”

The immediate and positive response to the new capabilities from customers highlights Allocade’s ongoing commitment to developing software tools that provide powerful capabilities, while remaining simple to use.

Allocade’s Operations Management Software optimizes hospital patient flow for inpatients, outpatients and emergency patients. The software uses technology initially developed to manage workflow on the Hubble Space Telescope by Don Rosenthal, founder and chief technology officer of Allocade. The company’s patented Schedule Repair™ technology augments information already available in Hospital Information Systems (HIS), Radiology Information Systems (RIS) and Electronic Medical Record Systems (EMR) by adding layer of intelligence to these systems.

Allocade and On-Cue were prominently featured in the 2009 issue of NASA Spinoff; an annual book featuring successfully commercialized NASA technology. Allocade was also invited to participate in the May 2010 NASA Spinoff Day on the Hill, where it showcased On-Cue for members of Congress and NASA representatives.  

About Allocade
 
Allocade, Inc. was founded in 2004 and is headquartered in Menlo Park, Calif. The company is a healthcare software company that develops tools to intelligently optimize patient flow throughout the hospital enterprise. Allocade’s first product is the On-Cue® Hospital Operations Management solution. The company’s management team includes former top executives from the NASA Ames Research Center, Siemens Medical Systems, Philips Medical Systems, Fujifilm Corporation, and Stentor. For more information, visit http://www.allocade.com.

On-Cue is a registered trademark, and Dynamic Patient Itinerary and Schedule Repair are trademarks of Allocade, Inc.

Media Contact:
Amy Cook
925.552.7893
Email Contact

Filed Under: Medical And Healthcare

FDA Approves Innovative Liver Cell Therapy for Clinical Trial in the U.S.

Posted on August 10, 2010 Written by Annalyn Frame

SOURCE: Cytonet

WEINHEIM, GERMANY–(Marketwire – August 10, 2010) – On July 23, 2010 the liver cell preparation by Cytonet GmbH & Co. KG received an Investigational New Drug allowance (IND) from the U.S. Food and Drug Administration (FDA). This is the first time a later stage clinical trial with liver cell therapy can now be started in the US. The FDA-approval is partly based on interim results of an ongoing clinical trial in Germany with neonatal patients suffering from urea cycle disorders (UCD). Cytonet will immediately start the clinical trial SELICA (Safety and Efficacy of Liver Cell Application)-III. The objective of this open, prospective, group-matched, historic-controlled multi-center study is to investigate the safety and efficacy of liver cell therapy in children suffering from UCD. Five therapy centers, as well as 10 centers actively assigning patients and responsible for the after-care, are participating in the SELICA-III trial. 

This study is the second clinical study on liver cell therapy in children suffering from UCD. The first trial, SELICA-II, has been running in Germany for approximately 1 year. SELICA-III comprises a six-month treatment and observation phase and a subsequent 18-month follow-up. The study includes infants, toddlers and children up to the age of five, who are suffering from the most severe forms of the following UCDs: ornithine transcarbamylase (OTC) deficiency, carbamoyl­phosphate synthetase I (CPS I) deficiency or argininosuccinate-synthetase (ASS) deficiency, also called citrullinemia. Cytonet would like to acknowledge the National Urea Cycle Disorders Foundation for its assistance during the development of the program. For more information about urea cycle disorders, visit the National Urea Cycle Disorders Foundation at www.nucdf.org.

About urea cycle disorders and liver cell therapy
UCDs are severe and life-threatening disorders of the ammonia (NH3) metabolism of the liver. These include carbamoylphosphate synthetase I (CPS) deficiency, N-acetylglu­tamate-synthetase (NAGS) deficiency, ornithine-transcarbamylase (OTC) deficiency, argininosuccinate-synthetase (ASS) deficiency — also known as citrullinemia, arginino­succinate-lyase (ASL) deficiency and arginase 1 deficiency (hyper­argi­ninemia). UCDs are based on disorders of 6 known enzymes that are involved in NH3-detoxification. In UCD-patients, the neurotoxic NH3 is not metabolized into urea and excreted. Instead, it accumulates in the blood and tissue. Depending on the severity of the disease, it leads to massive damage of the nerves and the brain, and can be fatal. Children who remain untreated rarely have a normal physical and mental development.

The only currently available cure is the transplantation of a whole liver or a liver lobe. However, this treatment is highly problematic for very young children and neonatal patients. Additionally, suitable organs available for transplantation are very rare. A therapy using isolated and processed liver cells from non-transplantable donated livers (manufactured under GMP standards) has been investigated and further developed over the past years. Cytonet is working in close cooperation with internationally leading neonatal and pediatric metabolism centers. The overall goal is an effective compensation of the metabolism disorder by means of the infusion of healthy, fully metabolism-competent human liver cells into the portal vein, subsequently engrafting in the liver of the child with the disorder.

About Cytonet
The Cytonet Group is an international biotechnology company with sites in Weinheim, Heidelberg and Hannover, Germany and Durham, NC, USA. Currently Cytonet has 60 employees. The company develops, produces and markets cell-therapeutic products for many diseases. In the process developed by Cytonet, liver cells from donated livers are gently isolated and cleaned up in a complex procedure. The donor livers, which are obtained from Organ Procurement Organizations in the United States, are unsuitable for organ transplantation. Additionally, Cytonet provides blood stem cell and bone marrow preparations for the therapy of leukemia and other malignant diseases. Managing directors are Dr. Wolfgang Rüdinger and Dipl.-Kfm. (MBA) Michael J. Deissner. Cytonet was founded by the demerger of the Cell Therapy department from the Roche Group in April 2000. The Dietmar Hopp family owns the majority of shares.

Please contact at Cytonet:
Cytonet LLC
Mark Johnston
801 Capitola Drive,
Suite 8, Durham,
NC 27713, USA
[email protected]

Cytonet GmbH & Co. KG
Sina Oelenheinz
Albert-Ludwig-Grimm-Str. 20
69469 Weinheim
Germany
fon: +49 6201 – 2598 133
fax: +49 6201 – 259828
email: [email protected]

August 10, 2010
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Reprints free of charge, sample copies appreciated

Press contact:
Cramer-Gesundheits-Consulting GmbH
Postfach 11 07
65741 Eschborn
Germany

Karin Jürgens
Tel. +49 61 96 / 77 66 – 114
[email protected]

Kerstin Depmer
Tel. +49 61 96 / 77 66 – 117
[email protected]

Filed Under: Medical And Healthcare

Print Dental Marketing Remains Essential Part of Marketing Mix, Says Patient News

Posted on August 10, 2010 Written by Annalyn Frame

SOURCE: Patient News

NEW YORK, NY and TORONTO–(Marketwire – August 10, 2010) –  A diverse marketing mix that includes and addresses communication preferences of readers is essential to any marketing or advertising campaign, and print marketing and direct mail still remain an integral part of that mix, says Patient News, a leading dental marketing solutions company.

“Statistics show that most marketers have found that online channels demonstrate greater value when distributed in conjunction with direct mail applications, reinforcing the value of print in the marketing mix,” said Karen Galley, President of Patient News.

Baby Boomers, who have an annual spending power of $2.1 trillion and account for upwards of 60% of all healthcare spending, actively shop through the mail and keep mail pieces for future reference. According to a research study by JWT BOOM and ThirdAge Inc., 90% of Baby Boomer women surveyed have seen a print ad and later visited the online site. As women make more than 85% of all healthcare buying decisions, this adds up to significant business that can be attributed to print marketing such as newsletters, direct mail or custom postcards.

In addition, the coveted 18-49 consumer group welcomes, reads and responds to printed materials. Close to 90% of this group sort through mail immediately, nearly 80% read direct mail advertising, and about 70% use coupons received in the mail.

“Print is an amazing online traffic generator, and it delivers consistent response rates,” said Galley. “People are more willing to try new brands than ever before, and those over 50 years old, the primary target for most of our dentists, are more likely than any other group to read and respond to direct mail pieces.”

For additional information on dental newsletters, variable data services, dental postcards, printed or e-dental advertising from Patient News call 800.667.0268 or visit www.Patientnews.com.

To read more on this topic, visit: http://www.patientnews.com/pressreleases/print-dental-marketing-in-mix.html.

About Patient News:

Patient News is North America’s most comprehensive and innovative provider of direct mail, newsletters, postcards, email newsletters, and referral cards. Founded in 1992, the company produces award-winning healthcare and dental marketing products in Canada, the United States, and the United Kingdom.

Contact:

Joanne Bishop
Vice-President
Patient News
800-667-0268

Click here to see all recent news from this company

Filed Under: Medical And Healthcare

See How Inexpensive Liability Insurance Is With A Liability Insurance Quote

Posted on August 10, 2010 Written by Annalyn Frame

When you are a small business person, you will need to get a liability insurance quote to protect your business assets, as well as personal assets, in the event of a lawsuit. Of course, all businesses like to hope that they are never sued by a customer or an employee, but the risks become larger, the more successful you become. There is additional liability that can fall when you have employees in service vehicles and those that manufacture products always have to worry about product liability lawsuits. No matter what business you are in, you will be open to liability risks.

For this reason, your liability insurance quote should protect you from all the risks that your business might be exposed to, including general public liability, product liability, professional liability and employees should be protected by worker’s compensation insurance, as well. A general liability umbrella insurance policy may be required for many small businesses to ensure you have adequate protection. When a lawsuit exceeds the value of your business liability insurance, your personal assets may be at risk and there are many small businesses that should consider personal liability policies for ownership, to protect personal assets.

When you get your liability insurance quote, consider the liability limits that are set on the policy, when comparing premiums. Cheaper is not always better, but there are ways you can reduce your premium by increasing deductibles and some carriers consider clean claims records and your credit, when considering your liability insurance quote. The important thing to remember is that you want to protect your assets as your company grows. This means you should review your liability limits on a regular basis and get a liability insurance quote periodically to increase coverage.

Professionals need to be aware of other sources of liability, such as errors and omissions liability insurance or malpractice liability insurance. Even those in construction, info Technology and other industries may have specialized liability risks. For this reason, it is important your insurance agent understands the liabilities you may be exposed to because this is no time to hide disclosure for a cheaper premium amount. You have to keep in mind that you will not be covered, in the event of a claim, unless your liability insurance quote includes that particular coverage. If you are in uncertainty as to what types of liability coverage you have, an insurance expert or a lawyer can explain the terms of your liability insurance policy.

There are many sources to consider for an affordable liability insurance quote, so you are best to be forthcoming with any potential risks and compare your quotes on that basis. When it comes to liability insurance, it is better to be safe than sorry because you could risk everything, if you become involved in a large lawsuit. When you consider the protection and peace of mind that liability insurance can bring, it is well worth the cost to insure the protection. No matter what industry or profession you are in, you need to get a liability insurance quote to protect your business and personal assets.

 

Filed Under: Healthcare Plan News

Save! Online Get Health Insurance Quotes Medical Insurance

Posted on August 10, 2010 Written by Annalyn Frame

Health insurance quotes medical insurance can cut by means of the varity of plans as the range of alternatives for diverse wellbeing plans across the nation is staggering. For that reason numerous financial and wellbeing advisors will tell somebody to look at insurance quotes health medical prior to investing in any item.

This allows somebody to discover as much as achievable about the coverage alternatives that are present and compare the gains that an individual can buy. By engaging the power in the internet, the practice of contrasting the pros and cons is usually made rather easy. There’s now the option of side by side comparisons that make it possible for any person to pick the proper coverage for any family or individual .

Health insurance quotes medical insurance can vary based on several different attributes. The 1st of which is the estimate from the overall possibility on the particular person. If the man or women is thought to be high risk, the policy is likely to become far more high-priced. These policies tend to possess far more exceptions in them so that the insurance coverage organization to continue to generate funds.

Some in the new regulations within the health bill will limit that capability on the insurance policies corporations to create decisions on pre existing conditions. That would equalize things and allow a lot much more individuals to obtain coverage.

The purpose of getting insurance policy and seek insurance quotes health medical would be to become an informed consumer. Big business is constantly trying to uncover a way to make a quick dollar by selling items and not delivering on their promises.

That enables the corporations to pay to all shareholders a great amount of dollars. So to prevent a person from being  taken benefit of by distinct businesses, they really should actually gets estimates and understand everything that is actually involved with the whole process before moving forward. Any person might be surprised how typical it’s for plans to not offer a mental wellness benefit or to have large to pays for visits.

There’s generally a whole lot of variability from the regards for the pharmaceutical benefits. A good deal of attention need to also be paid towards the capability of someone to transfer their care. So be certain to obtain health insurance quote medical insurance as a part on the decision method.

Filed Under: Healthcare Plan News

Find Small Business Health Insurance Quotes Use Your ZIP Online

Posted on August 10, 2010 Written by Annalyn Frame

Your small business health insurance quotes are here. Apply here to find your cost-free quote nowadays for come across out which health insurance organization could be the finest choice for you. Health insurance quotes are a quick and effortless method to improve your small company.

Smaller enterprises thrive on productive employees. If employees get sick they need very good health insurance coverage. Health insurance may be outrageously high priced if purchased individually. Employees find jobs that deliver health insurance in their rewards package much more than any other type of benefit. Dental and vision are other pluses , but healthcare costs are quickly increasing and the necessity to have insurance is a must. Employers of modest businesses can now provide health insurance to their staff even if employees have a pre-existing condition.

its very critical that small business owners include health insurance in their costs for their employees. If this area of benefits is neglected, than employees may become upset that other persons at other firms get health insurance and they donít. This negativity may spread throughout the work place and might be a reason why production outcomes are low. if providing a healthcare package to your present or prospective employees then providing a health insurance strategy which is not only cost powerful but has low premiums is usually a should. Free health insurance quotes tiny business can support you.

Employees that get health insurance are additional most likely to stay long-term at their job. If you provide workers the advantage of the very best health insurance around, which might be obtained by utilizing the totally free tool on this web site, then you will almost without efford decrease your employee turn-over rate. Your employees will also be more productive as they will not be suffering on the job with colds or contagious illnesses that may further infect all of the staff because they did not have insurance to go see a doctor for antibiotics .There is a smaller chance of workers falling ill on the job , and that will increase productivity and long term income , with less contagious sickness floating Also, it can be incredibly pricey to hire new employees and annoying to go via the interviewing procedure and all that paperwork to come across a replacement if an employee quits. Really don’t lose your greatest employees for your competitors by not offering employee-sponsored health insurance.

Do not risk not having health insurance with your smaller enterprise; get your free small business health insurance quotes today to discover the best solution for your company.

Filed Under: Healthcare Plan News

Insurance Quotes

Posted on August 9, 2010 Written by Annalyn Frame

Obtaining insurance quotes is usually a laborious job. Hours could also be spent on the telephone talking to totally different insurance coverage brokers within the hope that they’ll be able to provide you with a cheaper worth than the quotes you’ve already received. Each time you telephone a new agent you end up churning out the identical data and answering the same insurance coverage questions in a process that may be quite frankly mind-numbing!
But not solely are you spending your treasured time having to repeat yourself over and over again, in case you’re not calling a freephone number you will also end up running up a much bigger phone bill too. Add to this incontrovertible fact that generally the one alternative that some individuals need to phone around for insurance quotes is while they’re at work, which may land them in scorching water with their boss, then discovering insurance coverage quotes offline can grow to be a little bit of a nightmare!
Fortunately though there is an easier way. By harnessing the ability of the web, obtaining insurance coverage quotes need not be a problem at all. You may additionally discover that the quotes you receive usually will be lower than the quotes obtained for those who have been to simply rely on telephoning the insurance agents.
Obtaining insurance coverage quotes on the Internet
Discovering insurance coverage corporations to acquire quotes from on the Web is so simple. All you need to do is carry out a seek for ‘insurance quotes’ within the search engine of your alternative and you will be offered with a vast array of insurance companies all ready to supply their insurance coverage providers to you in an instant. Some of the best websites on which to seek for insurance quotes are in fact specialist insurance websites and portals the place a good selection of insurance firms might be discovered multi functional place.
Usually, websites like these will ask you to enter your particulars on one generic kind, which is then despatched out to the totally different insurance agents. Many insurance coverage brokers function an on the spot quotes response system on the Web, allowing you to receive again quotes immediately. You possibly can receive 20 different quotes in lower than 5-minutes by taking advantage of the quotes techniques on these kind of sites.
What’s extra, the quotes you obtain are assured to be competitive. This is because the associated fee to the insurance agent of working on-line and processing quotes and insurance coverage software forms online is only a fraction of the worth that it will price them if they’d to do this over the telephone. These financial savings are in lots of situations handed on to the consumer as discounts for making use of for the insurance online. 
Additionally, some insurance coverage brokers are actually selecting to function exclusively online. This lowers their overheads considerably in contrast to those that function via offices and branches. Once more, the savings made are passed on to the consumer, so lowering the costs of insurance coverage premiums still further. In order for you a handy strategy to discover cheap quotes for insurance then you can do little higher than use the Web!

Learn More:

 

ing life insurance

chip health insurance

Filed Under: Healthcare Plan News

Médicos del Hospital Mount Sinai derrumban los mitos sobre el verano entre los latinos y dan consejos para una vida saludable

Posted on August 9, 2010 Written by Annalyn Frame

SOURCE: The Mount Sinai Medical Center

NUEVA YORK, NY–(Marketwire – August 9, 2010) – El verano es tiempo para practicar deportes
al aire libre, disfrutar de un asado con familiares y amigos, salir al
campo, ir la playa y mucho más. Sin embargo, algunas creencias comunes
entre la comunidad Hispana podrían estar impidiendo a esta comunidad
disfrutar de su salud. Por eso, un equipo de médicos del Hospital Mount
Sinai aclara cuatro de los mitos más comunes sobre el verano entre los
latinos.

1. Piel morena no necesita protección solar

“Es un error común entre los latinos creer que si el tono de piel es
oscuro, no es necesario protector solar. Para evitar el cáncer en la piel,
todos los latinos, sin importar su color de piel, deben aplicar protector
solar cada 30 minutos, la primera aplicación 30 minutos antes de exponerse
al sol y cubriendo todas las áreas que se expondrán al sol, con mínimo dos
onzas de bloqueador cada vez”, dice el Doctor y Cardiologo Samer Kottiech,
añadiendo, “no importa donde esté; asegúrese de usar protector solar. Si se
encuentra al aire libre necesita protector solar”.

2. Tomando café, gaseosas y cervezas, no necesito agua

Con temperaturas de más de 90 grados, el cuerpo debe estar hidratado y
pocas bebidas, hidratan su cuerpo como el agua. “El agua no es la opción
más popular entre los latinos”, dice el Doctor Carlos Driggs, especialista
en medicina interna, y agrega, “para evitar deshidratación, lo mejor es
tomar entre 1 y 2 vasos de agua por hora cuando se está al aire libre, si
se consume alcohol o hace ejercicio, se recomiendan 2-3 vasos por hora,
especialmente con temperaturas cada vez más altas. Asegúrese de llevar su
botella durante los días calurosos”.

3. Si la comida está cocinada, no se daña

Las clínicas reciben cada verano pacientes intoxicados por alimentos no
refrigerados adecuadamente. Las actividades al aire libre son muy populares
entre los latinos, lo cual aumenta los riesgos para esta población durante
le verano. El doctor Rajeev Sindhwani, especialista en cuidado
cardiovascular, recomienda, “se puede evitar intoxicación siguiendo 5
reglas: 1. tener manos limpias para manejar alimentos; 2. usar una tabla
para picar carne y otra para vegetales; 3. no dejar los alimentos al aire
libre por tiempo prolongado; 4. asegurarse que las carnes estén bien
cocidas; y 5. limpiar la parrilla antes de cocinar alimentos frescos, para
evitar la contaminación de residuos de otros alimentos cocidos”.

4. Si usted elimina la grasa, se pierde el sabor

“Existe la idea de que quitar la piel del pollo o reducir la grasa de la
carne, hará que la comida pierda sabor. Todos los alimentos, pueden tener
un sabor exquisito incorporando especias, frutas y verduras”, dice el Dr.
Eliscer Guzman, MD FACC, y agrega, “eso ayudará a que los latinos disfruten
una vida libre de dos de las enfermedades que más afectan a esta comunidad,
la diabetes y las enfermedades cardiovasculares”.

Guzmán también recomienda aprovechar las frutas frescas que son abundantes
durante el verano y están disponibles a buen precio. “Su barbacoa debe
tener tantos colores como alimentos saludables existen, verdes, amarillos,
rojos. También hay que cuidar los tamaños de las porciones, para medir el
tamaño de la carne, por ejemplo, asegúrese que esta sea del tamaño de la
palma de su mano”, agrego el Dr. Guzmán.

“Recuerde mantener su parrilla limpia, si quiere darle sabor de asado a sus
platos, puede usar un poco de carbón con sus condimentos predilectos, para
darle el toque de asado y el sabor a su carne”, recomendó El Dr. Guzmán.

Acerca del Centro Médico Mount Sinai

El Centro Médico Mount Sinai incluye el Hospital Mount Sinai y el Colegio
de Medicina. Desde 1968, es uno de los pocos colegios médicos en EEUU parte
de un hospital, con más de 3,400 profesores, 32 departamentos y 15
instituciones, es uno de los 20 colegios médicos según el Instituto
Nacional de Salud y U.S. News & World Report. El Hospital Mount Sinai, se
fundó en 1852, cuenta con 1,171 camas. Es uno de los más antiguos, grandes
y respetados hospitales del país. En el 2009, fue clasificado dentro de los
20 hospitales principales de la nación. Más de 60,000 personas fueron
atendidas en el Mount Sinai en 2009 y recibió aproximadamente 530,000
visitas de pacientes.

Más información visite www.mountsinai.org o síganos en Twitter
@mountsinainyc.

Filed Under: Facilities And Providers

Mount Sinai Hospital Physicians Debunk Common Summertime Myths Among Latinos and Provide Tips for Healthy Living

Posted on August 9, 2010 Written by Annalyn Frame

SOURCE: The Mount Sinai Medical Center

NEW YORK, NY–(Marketwire – August 9, 2010) –  Summer is the time for playing outdoor sports, eating at picnics and BBQs with family and friends. However, some commonly made mistakes keep Latinos for being healthy. That is why a team of physicians at Mount Sinai Hospital took it upon themselves to debunk four of the most common summertime myths among Latinos.  

1. Since some Latinos have dark skin, they believe that they don’t need sunscreen
“A misunderstanding among Latinos is that, because many have dark skin tones, sunscreen is not necessary,” says Dr. Samer Kottiech, M.D. and Cardiologist. “However, to avoid skin cancer, everyone needs to frequently apply sunscreen regardless of their skin tone,” he adds. Dr. Kottiech recommends reapplying the sunscreen every 30 minutes after the first application. Also, be sure to cover your entire body and use at least one shot glass of sunscreen with each application.

2. If I drink beverages like coffee, soda and beer, I do not need water
With temperatures rising, it’s critical that your body is well hydrated. “Water is not the popular drink among most Latinos,” says Dr. Carlos Driggs, MD and specialist in Internal Medicine. “However, in order to avoid heat stroke, it is best to drink between 1-2 glasses of water before going outdoors, especially during summer.” Also, Dr. Driggs suggests to increase the consumption of water by 2 glasses an hour, if you are drinking alcohol or exercising, making sure you carry a bottle of water with you at all times to keep hydrated.

3. If food is cooked, it can’t spoil
During summer, emergency rooms see a lot of patients who contracted food poisoning due to food that was not properly refrigerated. Since outdoor eating functions are so popular among Latinos, they are often impacted. “One commonly made mistake is to leave food outside after a picnic or BBQ,” adds Dr. Rajeev Sindhwani, MD, Cardiovascular Disease Physician. “You can avoid food poisoning by following a few simple rules: 1. Handle food with clean hands; 2. Use separate cutting boards for meats and vegetables; 3. Don’t leave food outdoors; 4. Use a meat thermometer to ensure meat is cooked thoroughly,” and 5. Make sure to clean the grill or cover it with aluminum foil before cooking any fresh meat or vegetables to avoid contamination from previously cooked food residue.

4. If you trim the fat, you lose the flavor
Another misconception among Latinos, is if they remove the skin from their chicken or trim the fat from their beef, their food will be tasteless. “Meats will taste just as flavorful by incorporating a variety of spices, fruits and vegetables,” says Dr. Eliscer Guzmán, M.D. F.A.C.C. “By taking this approach, Latinos will live a healthier life and avoid cardiovascular diseases and diabetes, two diseases currently plaguing the Latino community.” Dr. Guzman recommends taking advantage of the abundant fresh fruits during the summer that are available at a reasonable price.

Dr. Guzmán adds, “Portions sizes can make a tremendous difference to your overall health also. A common rule of thumb for portions is to make sure the size of meat is roughly the size of the palm of your hand.”

About The Mount Sinai Medical Center
The Mount Sinai Medical Center encompasses both The Mount Sinai Hospital and Mount Sinai School of Medicine. Established in 1968, Mount Sinai School of Medicine is one of few medical schools embedded in a hospital in the United States. It has more than 3,400 faculty in 32 departments and 15 institutes. The school received the 2009 Spencer Foreman Award for Outstanding Community Service from the Association of American Medical Colleges.

The Mount Sinai Hospital, founded in 1852 is one of the nation’s oldest, largest and most-respected voluntary hospitals. In 2009,The Mount Sinai was ranked among the nation’s top 20 hospitals Nearly 60,000 people were treated at Mount Sinai as inpatients last year, and approximately 530,000 outpatient visits took place.

For more information, visit www.mountsinai.org. Follow us on Twitter @mountsinainyc.

Filed Under: Facilities And Providers

Assisted Living Concepts, Inc. Announces Continued Strategy Successes; Reports Fourth Consecutive Quarter of Revenue and Private Pay Occupancy Growth

Posted on August 9, 2010 Written by Annalyn Frame

SOURCE: Assisted Living Concepts, Inc.

MENOMONEE FALLS, WI–(Marketwire – August 9, 2010) – Assisted Living Concepts, Inc. (NYSE: ALC)

Highlights:

--  Increased average private pay occupancy by 122 and 8 units over the
    second quarter of 2009 and the first quarter of 2010, respectively
--  Increased overall and private pay rates by 5.8% and 3.8%, respectively
    over the second quarter of 2009
--  Increased Adjusted EBITDAR as a percent of revenues to 33.6%, up from
    32.3% in both the second quarter of 2009 and the first quarter of 2010
--  Adjusted EBITDAR as a percent of revenues would have been a record
    34.4% (excluding One-Time Charges)
--  Extended and expanded share repurchase program authorizing up to
    $15 million through August 9, 2011

Assisted Living Concepts, Inc. (“ALC”) (NYSE: ALC) reported net income of
$2.9 million in the second quarter of 2010. During the second quarter of
2010, ALC recorded the following “One-Time Charges”: an impairment charge
relating to a non-cash write-down of certain equity investments ($1.3
million net of income tax benefits); expenses associated with the
realignment of our divisions ($0.3 million net of income tax benefits);
and write-off of expenses incurred with an expansion project that the
company decided not to complete ($0.1 million net of income tax benefits).
Excluding the One-Time Charges, net income in the second quarter of 2010
would have been $4.6 million as compared to net income of $3.9 million in
the second quarter of 2009.

“Second quarter operating results were solid. For the fourth quarter in a
row we achieved positive private pay occupancy and revenue growth,”
commented Laurie Bebo, President and Chief Executive Officer. “Despite
continuing challenges in the economy and in particular with high
unemployment rates, we continue to be confident in our ability to increase
private pay occupancy and Adjusted EBITDAR margins throughout 2010.”

For the first six months of 2010, ALC reported net income of $6.5 million.
Excluding the One-Time Charges, net income for the first six months of 2010
would have been $8.2 million compared to a net loss from continuing
operations and a net loss of $7.7 million and $7.9 million in the first
six months of 2009, respectively. Excluding an impairment charge related
to the non-cash, non-recurring write-off of all goodwill ($14.7 million net
of income tax benefits) recorded in the first quarter of 2009, net income
from continuing operations and net income for the first six months of 2009
would have been $7.0 million and $6.8 million, respectively.

Diluted earnings per common share for the second quarter and the first six
months ended June 30, 2010 and 2009 were:

                                        Quarter ended    Six months ended
                                           June 30,          June 30,
                                        2010     2009     2010     2009
                                       ------   ------   ------   ------
Diluted earnings (loss) per common
 share from continuing operations      $ 0.25   $ 0.33   $ 0.55   $(0.65)
Diluted earnings (loss) per common
 share                                 $ 0.25   $ 0.33   $ 0.55   $(0.66)
Pro forma diluted earnings per common
 share from continuing operations
 excluding One-Time Charges            $ 0.39   $ 0.33   $ 0.70   $ 0.59(1)

(1) Excludes the goodwill write-off, net of income tax benefits.

One-Time Charges in the quarter ended June 30, 2010 resulted from:

1.  The reclassification of a decline in the fair market value of equity
    securities from a component of the Company's stockholders' equity to
    the Company's income statement. These equity securities represent
    legacy investments transferred from Extendicare Inc. in connection with
    the capitalization of ALC in November 2006.
2.  The realignment of ALC's divisional level management structure. In
    connection with this realignment, ALC incurred certain expenses
    primarily related to personnel.
3.  The decision not to complete an expansion project due to higher than
    anticipated site costs. We continue to evaluate existing owned
    properties for expansion growth.

Certain non-GAAP financial measures are used in the discussions in this
release in assessing the performance of the business. See attached tables
for definitions of Adjusted EBITDA and Adjusted EBITDAR, reconciliations of
net income (loss) to Adjusted EBITDA and Adjusted EBITDAR, calculations of
Adjusted EBITDA and Adjusted EBITDAR as a percentage of total revenues, and
non-GAAP financial measure reconciliation information.

As of June 30, 2010, ALC operated 211 senior living residences comprising
9,280 units.

The following discussions include the impact of the One-Time Charges and
exclude the impact of discontinued operations unless otherwise specified.

Quarters ended June 30, 2010, June 30, 2009, March 31, 2010

Revenues of $58.3 million in the second quarter ended June 30, 2010
increased $1.6 million or 2.9% from $56.7 million in the second quarter of
2009 and increased $0.4 million or 0.8% from the first quarter of 2010.

Adjusted EBITDA for the second quarter of 2010 was $14.5 million or 24.9%
of revenues and

--  increased $1.2 million or 9.1% from $13.3 million and 23.4% of revenues
    in the second quarter of 2009; and
--  increased $0.9 million or 6.7% from $13.6 million and 23.5% of revenues
    in the first quarter of 2010.

Adjusted EBITDAR for the second quarter of 2010 was $19.6 million or 33.6%
of revenues and

--  increased $1.3 million or 7.3% from $18.3 million and 32.3% of revenues
    in the second quarter of 2009; and
--  increased $0.9 million or 5.0% from $18.7 million and 32.3% of revenues
    in the first quarter of 2010.

Second quarter 2010 compared to second quarter 2009

Revenues in the second quarter of 2010 increased from the second quarter of
2009 primarily due to higher average daily revenue as a result of rate
increases ($2.2 million) and an increase in private pay occupancy ($1.2
million), partially offset by the planned reduction in the number of units
occupied by Medicaid residents ($1.8 million). Average private pay rates
increased in the second quarter of 2010 by 3.8% over average private pay
rates for the second quarter of 2009. Average overall rates, including the
impact of improved payer mix, increased in the second quarter of 2010 by
5.8% over comparable rates for the second quarter of 2009.

Both Adjusted EBITDA and Adjusted EBITDAR increased in the second quarter
of 2010 primarily due to an increase in revenues discussed above ($1.6
million) and a decrease in residence operations expenses ($0.5 million)
(this excludes the loss on disposal of fixed assets), partially offset by
an increase in general and administrative expenses ($0.8 million) (this
excludes non-cash equity based compensation) and, for Adjusted EBITDA only,
an increase in residence lease expense ($0.1 million). Residence
operations expenses decreased primarily from lower labor expenses.
Staffing needs in the second quarter of 2010 as compared to the second
quarter of 2009 decreased primarily because of a decline in the number of
units occupied by Medicaid residents who tend to have higher care needs
than private pay residents. In addition, general economic conditions
enabled us to hire new employees at lower wage rates. General and
administrative expenses increased as a result of expenses associated with
an all-company conference held in the second quarter of 2010 and expenses
associated with the realignment of our divisions.

Second quarter 2010 compared to the first quarter 2010

Revenues in the second quarter of 2010 increased from the first quarter of
2010 primarily due to one additional day in the second quarter ($0.6
million), an increase in the number of units occupied by private pay
residents ($0.1 million), and higher average daily revenue as a result of
rate increases ($0.1 million), partially offset by the planned reduction in
the number of units occupied by Medicaid residents ($0.4 million).

Increased Adjusted EBITDA and Adjusted EBITDAR in the second quarter of
2010 as compared to the first quarter of 2010 resulted primarily from a
decrease in residence operations expenses ($0.9 million) (this excludes the
loss on disposal of fixed assets) and an increase in revenues discussed
above ($0.4 million), partially offset by an increase in general and
administrative expenses ($0.4 million) (this excludes non-cash equity-based
compensation). Residence operations expenses decreased primarily from
decreases in utility expenses resulting from normal seasonal fluctuations.
General and administrative expenses increased as a result of expenses
associated with an all-company conference held in the second quarter of
2010 and expenses associated with the realignment of our divisions.

Six months ended June 30, 2010 and June 30, 2009

Revenues of $116.2 million in the six months ended June 30, 2010 increased
$2.4 million or 2.1% from $113.8 million in the six months ended June 30,
2009.

Adjusted EBITDA for the six months ended June 30, 2010 was $28.1 million,
or 24.2% of revenues and

--  increased $3.3 million or 13.1% from $24.8 million and 21.8% of
    revenues in the six months ended June 30, 2009.

Adjusted EBITDAR for the six months ended June 30, 2010 was $38.3 million,
or 33.0% of revenues and

--  increased $3.5 million or 10.2% from $34.7 million and 30.6% of
    revenues in the six months ended June 30, 2009.

Six months ended June 30, 2010 compared to six months ended June 30, 2009

Revenues in the six months ended June 30, 2010 increased from the six
months ended June 30, 2009 primarily due to higher average daily revenue
from rate increases ($4.2 million) and an increase in private pay occupancy
($2.1 million), partially offset by the planned reduction in the number of
units occupied by Medicaid residents ($3.9 million). Average private pay
rates increased in the six months ended June 30, 2010 by 3.8% over average
private pay rates for the six months ended June 30, 2009. Average overall
rates, including the impact of improved payer mix, increased in the six
months ended June 30, 2010 by 5.6% over the comparable rates for the six
months ended June 30, 2009.

Both Adjusted EBITDA and Adjusted EBITDAR increased in the six months ended
June 30, 2010 primarily from a decrease in residence operations expenses
($2.2 million) (this excludes the loss on disposal of fixed assets), and
the increase in revenues discussed above ($2.4 million), partially offset
by an increase in general and administrative expenses ($1.1 million) (this
excludes non-cash equity based compensation) and, for Adjusted EBITDA only,
an increase in residence lease expense ($0.3 million). Residence
operations expenses decreased primarily from lower labor and kitchen
expenses. Staffing needs in the six months ended June 30, 2010 as compared
to the six months ended June 30, 2009 decreased primarily because of a
decline in the number of units occupied by Medicaid residents who tend to
have higher care needs than private pay residents. In addition, general
economic conditions enabled us to hire new employees at lower wage rates.
Kitchen expenses were lower due to new group purchasing plans and lower
overall occupancy. General and administrative expenses increased primarily
from upfront costs associated with transitioning payroll and benefits from
a third party vendor to in-house, expenses associated with an all-company
conference held in the second quarter of 2010, and expenses associated with
the realignment of our divisions.

Liquidity

At June 30, 2010 ALC maintained a strong liquidity position with cash of
approximately $12.2 million and undrawn lines of $70 million.

Share Repurchase Program

On August 9, 2010, ALC’s Board of Directors extended and expanded its share
repurchase program by authorizing the purchase of up to $15 million in
Class A common stock through August 9, 2011. In 2010, through August 9,
2010, ALC repurchased 61,461 shares of Class A Common Stock at a cost of
$1.9 million and an average price of $30.45 per share (excluding fees).

Investor Call

ALC has scheduled a conference call for tomorrow, August 10, 2010 at 10:00
a.m. (ET) to discuss its financial results for the second quarter. This
earnings release will be posted on ALC’s website at www.alcco.com. The
toll-free number for the live call is (800) 230-1096 or international (612)
332-0107; the conference name is “ALC Second Quarter Results.” A taped
rebroadcast of the conference call will be available approximately three
hours following the live call until midnight on September 10, 2010, by
dialing toll free (800) 475-6701, or international (320) 365-3844; the
access code is 165684.

About Us

Assisted Living Concepts, Inc. and its subsidiaries operate 211 senior
living residences comprising 9,280 residents in 20 states. ALC’s senior
living facilities typically consist of 40 to 60 units and offer residents a
supportive, home-like setting and assistance with the activities of daily
living. ALC employs approximately 4,100 people.

Forward-looking Statements

Statements contained in this release other than statements of historical
fact, including statements regarding anticipated financial performance,
business strategy and management’s plans and objectives for future
operations, including management’s expectations about improving occupancy
and private pay mix, are forward-looking statements. Forward-looking
statements generally include words such as “expect,” “point toward,”
“intend,” “will,” “indicate,” “anticipate,” “believe,” “estimate,” “plan,”
“strategy” or “objective.” Forward-looking statements are subject to risks
and uncertainties that could cause actual results to differ materially from
those expressed or implied. In addition to the risks and uncertainties
referred to in the release, other risks and uncertainties are contained in
ALC’s filings with United States Securities and Exchange Commission and
include, but are not limited to, the following: changes in the health care
industry in general and the senior housing industry in particular because
of governmental and economic influences; changes in general economic
conditions, including changes in housing markets, unemployment rates and
the availability of credit at reasonable rates; changes in regulations
governing the industry and ALC’s compliance with such regulations; changes
in government funding levels for health care services; resident care
litigation, including exposure for punitive damage claims and increased
insurance costs, and other claims asserted against ALC; ALC’s ability to
maintain and increase census levels; ALC’s ability to attract and retain
qualified personnel; the availability and terms of capital to fund
acquisitions and ALC’s capital expenditures; changes in competition; and
demographic changes. Given these risks and uncertainties, readers are
cautioned not to place undue reliance on ALC’s forward-looking statements.
All forward-looking statements contained in this report are necessarily
estimates reflecting the best judgment of the party making such statements
based upon current information. ALC assumes no obligation to update any
forward-looking statement.

                   ASSISTED LIVING CONCEPTS, INC.
              Consolidated Statements of Operations
             (In thousands, except earnings per share)

                                Three Months Ended    Six Months Ended
                                     June 30,             June 30,
                               --------------------- ---------------------
                                 2010      2009(1)     2010      2009(1)
                               ---------- ---------- ---------- ----------
Revenues                       $   58,305 $   56,683 $  116,164 $  113,750
Expenses:
  Residence operations
   (exclusive of depreciation
   and amortization and
   residence lease expense
   shown below)                    34,805     35,181     70,517     72,434
  General and administrative        4,256      3,341      8,030      6,775
  Residence lease expense           5,111      4,993     10,194      9,923
  Depreciation and amortization     5,698      5,218     11,368     10,149
    Goodwill impairment                --         --         --     16,315
                               ---------- ---------- ---------- ----------
  Total operating expenses         49,870     48,733    100,109    115,596
                               ---------- ---------- ---------- ----------
Income (loss) from operations       8,435      7,950     16,055     (1,846)
Other expense:
    Other-than-temporary
     investments impairment        (2,026)        --     (2,026)        --
    Interest income                     4          7          8         19
  Interest expense                 (1,899)    (1,834)    (3,787)    (3,537)
                               ---------- ---------- ---------- ----------
Income (loss) from continuing
 operations before income
 taxes                              4,514      6,123     10,250     (5,364)
Income tax expense                 (1,618)    (2,182)    (3,741)    (2,326)
                               ---------- ---------- ---------- ----------
Net income (loss) from
 continuing operations              2,896      3,941      6,509     (7,690)
Loss from discontinued
 operations, net of tax                --        (34)        --       (178)
                               ---------- ---------- ---------- ----------
Net income (loss)              $    2,896 $    3,907 $    6,509 $   (7,868)
                               ========== ========== ========== ==========
Weighted average common shares:
  Basic                            11,567     11,808     11,572     11,882
  Diluted                          11,738     11,927     11,741     11,882
Per share data:
  Basic earnings per common
   share
  Earnings (loss) from
   continuing operations       $     0.25 $     0.33 $     0.56 $    (0.65)
  Loss from discontinued
   operations                          --         --         --      (0.01)
                               ---------- ---------- ---------- ----------
  Net income (loss)            $     0.25 $     0.33 $     0.56 $    (0.66)
                               ========== ========== ========== ==========

    Diluted earnings per
     common share
  Earnings (loss) from
   continuing operations       $     0.25 $     0.33 $     0.55 $    (0.65)
  Loss from discontinued
   operations                          --         --         --      (0.01)
                               ---------- ---------- ---------- ----------
  Net income (loss)            $     0.25 $     0.33 $     0.55 $    (0.66)

Adjusted EBITDA (2)            $   14,503 $   13,291 $   28,100 $   24,840
                               ========== ========== ========== ==========
Adjusted EBITDAR (2)           $   19,614 $   18,284 $   38,294 $   34,763
                               ========== ========== ========== ==========

(1) Reflects the reclassification of the operations of 118 units previously
reported as continuing operations to discontinued operations.
(2) See attached tables for definitions of Adjusted EBITDA and Adjusted
EBITDAR and reconciliations of net income to Adjusted EBITDA and Adjusted
EBITDAR.




                   ASSISTED LIVING CONCEPTS, INC.
                    Consolidated Balance Sheets
           (In thousands, except share and per share data)

                                                  June 30,    December 31,
                                                    2010          2009
                                                ------------  ------------
                 ASSETS                          (unaudited)
Current Assets:
  Cash and cash equivalents                     $     12,239  $      4,360
  Investments                                          3,568         3,427
  Accounts receivable, less allowances of
   $1,096 and $738, respectively                       3,627         2,668
  Prepaid expenses, supplies and other
   receivables                                         4,095         3,537
  Deposits in escrow                                   1,763         1,993
  Income taxes receivable                                 --           723
  Deferred income taxes                                4,590         4,636
  Current assets of discontinued operations              168            36
                                                ------------  ------------
     Total current assets                             30,050        21,380
Property and equipment, net                          411,894       415,454
Intangible assets, net                                11,003        11,812
Restricted cash                                        3,017         4,389
Other assets                                           1,977         1,935
Non-current assets of discontinued operations             --           399
                                                ------------  ------------
    Total Assets                                $    457,941  $    455,369
                                                ============  ============

    LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
  Accounts payable                              $      5,749  $      8,005
  Accrued liabilities                                 16,177        19,228
  Deferred revenue                                     6,008         6,368
  Current maturities of long-term debt                 1,884         1,823
  Income tax payable                                   1,212            --
  Current portion of self-insured liabilities            500           500
  Current liabilities of discontinued
   operations                                             --            34
                                                ------------  ------------
     Total current liabilities                        31,530        35,958
Accrual for self-insured liabilities                   1,416         1,416
Long-term debt                                       118,954       119,914
Deferred income taxes                                 14,281        13,257
Other long-term liabilities                           11,801        11,853
Commitments and contingencies
                                                ------------  ------------
     Total Liabilities                               177,982       182,398
                                                ------------  ------------
Preferred Stock, par value $0.01 per share,
 25,000,000 shares authorized; no shares issued
 and outstanding                                          --            --
Class A Common Stock, $0.01 par value,
 80,000,000 shares authorized at June 30, 2010
 and December 31, 2009; 12,403,499 and
 12,397,525 shares issued and 10,108,938 and
 10,048,674 shares outstanding, respectively             124           124
Class B Common Stock, $0.01 par value,
 15,000,000 shares authorized at June 30, 2010
 and December 31, 2009; 1,523,085 and 1,528,650
 shares issued and outstanding, respectively              15            15
Additional paid-in capital                           314,964       314,602
Accumulated other comprehensive loss                    (775)       (2,012)
Retained earnings                                     39,995        33,486
Treasury stock at cost, 2,384,561 and 2,348,851
 shares, respectively                                (74,364)      (73,244)
                                                ------------  ------------
 Total Stockholders' Equity                          279,959       272,971
                                                ------------  ------------
Total Liabilities and Stockholders' Equity      $    457,941  $    455,369
                                                ============  ============



                  ASSISTED LIVING CONCEPTS, INC.
              Consolidated Statements of Cash Flows
                         (In thousands)
                          (unaudited)

                                                       Six Months Ended
                                                           June 30,
                                                     ---------------------
                                                        2010       2009
                                                     ---------- ----------
OPERATING ACTIVITIES:
Net income (loss)                                    $    6,509 $   (7,868)
Adjustments to reconcile net income (loss) to net
 cash provided by operating activities:
    Depreciation and amortization                        11,368     10,344
    Other-than-temporary investments impairment           2,026         --
    Goodwill impairment                                      --     16,315
    Amortization of purchase accounting adjustments
     for leases                                            (197)      (198)
    Provision for bad debts                                 358        (27)
    Provision for self-insured liabilities                  262        392
    Loss on disposal of fixed assets                        315         34
    Unrealized gain on investments                          (17)        --
    Equity-based compensation expense                       362        188
    Change in fair value of derivatives                      23         --
    Deferred income taxes                                   306       (154)
Changes in assets and liabilities:
    Accounts receivable                                  (1,317)       360
    Supplies, prepaid expenses and other receivables       (558)    (1,027)
    Deposits in escrow                                      230        388
    Current assets - discontinued operations               (132)        --
    Accounts payable                                     (1,432)    (1,735)
    Accrued liabilities                                  (3,051)      (231)
    Deferred revenue                                       (360)       424
    Current liabilities - discontinued operations           (34)        --
    Payments of self-insured liabilities                   (261)      (320)
    Income taxes payable / receivable                     1,935      4,296
    Changes in other non-current assets                   1,330        809
    Other non-current assets - discontinued
     operations                                             399         --
    Other long-term liabilities                             100        553
                                                     ---------- ----------
      Cash provided by operating activities              18,164     22,543
INVESTING ACTIVITIES:
    Payment for executive retirement plan securities       (110)       (95)
    Payments for new construction projects               (3,208)   (11,768)
    Payments for purchases of property and equipment     (4,930)    (6,930)
                                                     ---------- ----------
      Cash used in investing activities                  (8,248)   (18,793)
FINANCING ACTIVITIES:
    Purchase of treasury stock                           (1,120)    (4,860)
    Repayment of revolving credit facility                   --    (19,000)
  Proceeds from issuance of new mortgage debt                --     14,000
  Repayment of mortgage debt                               (917)    (8,114)
                                                     ---------- ----------
      Cash used by financing activities                  (2,037)   (17,974)
                                                     ---------- ----------
Increase (decrease) in cash and cash equivalents          7,879    (14,224)
Cash and cash equivalents, beginning of year              4,360     19,905
                                                     ---------- ----------
Cash and cash equivalents, end of period             $   12,239 $    5,681
                                                     ========== ==========
Supplemental schedule of cash flow information:
Cash paid during the period for:
  Interest                                           $    3,575 $    3,663
  Income tax payments, net of refunds                     1,494     (1,892)



                ASSISTED LIVING CONCEPTS, INC.
              Financial and Operating Statistics

Continuing residences*                           Three months ended
                                           -------------------------------
                                           June 30,   March 31,   June 30,
                                             2010       2010        2009
                                           ---------  ---------  ---------
Average Occupied Units by Payer Source
Private                                        5,476      5,468      5,354
Medicaid                                         162        214        445
                                           ---------  ---------  ---------
Total                                          5,638      5,682      5,799
                                           =========  =========  =========

Occupancy Mix by Payer Source
Private                                         97.1%      96.2%      92.3%
Medicaid                                         2.9%       3.8%       7.7%

Percent of Revenue by Payer Source
Private                                         98.1%      97.5%      95.0%
Medicaid                                         1.9%       2.5%       5.0%

Average Revenue per Occupied Unit Day      $  113.64  $  113.13  $  107.42

Occupancy Percentage*                           62.7%      63.0%      64.2%

* Depending on the timing of new additions and temporary closures of our
residences, we may increase or reduce the number of units we actively
operate. For the three months ended June 30, 2010, March 31, 2010 and June
30, 2009 we actively operated 8,991, 9,025 and 9,154 units, respectively.



Same residence basis**                           Three months ended
                                           -------------------------------
                                           June 30,   March 31,   June 30,
                                             2010       2010        2009
                                           ---------  ---------  ---------
Average Occupied Units by Payer Source
Private                                        5,417      5,423      5,304
Medicaid                                         162        210        387
                                           ---------  ---------  ---------
Total                                          5,579      5,633      5,691
                                           =========  =========  =========

Occupancy Mix by Payer Source
Private                                         97.1%      96.3%      93.2%
Medicaid                                         2.9%       3.7%       6.8%

Percent of Revenue by Payer Source
Private                                         98.1%      97.5%      95.6%
Medicaid                                         1.9%       2.5%       4.4%

Average Revenue per Occupied Unit Day      $  113.49  $  112.92  $  107.28

Occupancy Percentage                            63.4%      64.0%      64.6%

** Excludes quarterly impact of 111 completed expansion units and 76
re-opened renovated units.



                   ASSISTED LIVING CONCEPTS, INC.
                 Financial and Operating Statistics

Continuing residences*                                  Six months ended
                                                      --------------------
                                                       June 30,   June 30,
                                                        2010        2009

Average Occupied Units by Payer Source
Private                                                   5,472      5,369
Medicaid                                                    188        483
                                                      ---------  ---------
Total                                                     5,660      5,852
                                                      =========  =========

Occupancy Mix by Payer Source
Private                                                    96.7%      91.7%
Medicaid                                                    3.3%       8.3%

Percent of Revenue by Payer Source
Private                                                    97.8%      94.4%
Medicaid                                                    2.2%       5.6%

Average Revenue per Occupied Unit Day                 $  113.39  $  107.38

Occupancy Percentage*                                      62.9%      64.9%

* Depending on the timing of new additions and temporary closures of our
residences, we may increase or reduce the number of units we actively
operate. For the six months ended June 30, 2010 and June 30, 2009 we
actively operated 9,004 and 9,014 units, respectively.



Same residence basis**                                  Six months ended
                                                      -------------------
                                                       June 30,   June 30,
                                                        2010        2009

Average Occupied Units by Payer Source
Private                                                   5,392      5,327
Medicaid                                                    186        419
                                                      ---------  ---------
Total                                                     5,578      5,746
                                                      =========  =========

Occupancy Mix by Payer Source
Private                                                    96.7%      92.7%
Medicaid                                                    3.3%       7.3%

Percent of Revenue by Payer Source
Private                                                    97.8%      95.0%
Medicaid                                                    2.2%       5.0%

Average Revenue per Occupied Unit Day                 $  113.08  $  107.73

Occupancy Percentage                                       64.3%      66.3%

** Excludes quarterly impact of 245 completed expansion units, 39 units
temporarily closed for renovation and 76 re-opened renovated units.

Non-GAAP Financial Measures

Adjusted EBITDA and Adjusted EBITDAR

Adjusted EBITDA is defined as net income from continuing operations before
income taxes, interest expense net of interest income, depreciation and
amortization, equity based compensation expense, transaction costs and
non-cash, non-recurring gains and losses, including disposal of assets and
impairment of long-lived assets (including goodwill) and loss on
refinancing and retirement of debt. Adjusted EBITDAR is defined as
Adjusted EBITDA before rent expenses incurred for leased assisted living
properties. Adjusted EBITDA and Adjusted EBITDAR are not measures of
performance under accounting principles generally accepted in the United
States of America, or GAAP. We use Adjusted EBITDA and Adjusted EBITDAR as
key performance indicators and Adjusted EBITDA and Adjusted EBITDAR
expressed as a percentage of total revenues as a measurement of margin.

We understand that EBITDA and EBITDAR, or derivatives thereof, are
customarily used by lenders, financial and credit analysts, and many
investors as a performance measure in evaluating a company’s ability to
service debt and meet other payment obligations or as a common valuation
measurement in the long-term care industry. Moreover, ALC’s revolving
credit facility contains covenants in which a form of EBITDA is used as a
measure of compliance, and we anticipate EBITDA will be used in covenants
in any new financing arrangements that we may establish. We believe
Adjusted EBITDA and Adjusted EBITDAR provide meaningful supplemental
information regarding our core results because these measures exclude the
effects of non-operating factors related to our capital assets, such as the
historical cost of the assets.

We report specific line items separately, and exclude them from Adjusted
EBITDA and Adjusted EBITDAR because such items are transitional in nature
and would otherwise distort historical trends. In addition, we use
Adjusted EBITDA and Adjusted EBITDAR to assess our operating performance
and in making financing decisions. In particular, we use Adjusted EBITDA
and Adjusted EBITDAR in analyzing potential acquisitions and internal
expansion possibilities. Adjusted EBITDAR performance is also used in
determining compensation levels for our senior executives. Adjusted EBITDA
and Adjusted EBITDAR should not be considered in isolation or as a
substitute for net income, cash flows from operating activities, and other
income or cash flow statement data prepared in accordance with GAAP, or as
a measure of profitability or liquidity. We present Adjusted EBITDA and
Adjusted EBITDAR on a consistent basis from period to period, thereby,
allowing for comparability of operating performance.


Adjusted EBITDA and Adjusted EBITDAR Reconciliation Information

The following table sets forth a reconciliation of net income (loss) to
Adjusted EBITDA and Adjusted EBITDAR:

                              Three months ended         Six months ended
                          ----------------------------  ------------------
                          June 30,  June 30,  March 31, June 30,  June 30,
                            2010      2009      2010      2010      2009
                          --------  --------  --------  --------  --------
                                           (in thousands)
Net income (loss)         $  2,896  $  3,907  $  3,613  $  6,509    (7,868)
Less: Income (loss) from
 discontinued operations,
 net of tax                      -       (34)        -         -      (178)
Add: provision for income
 taxes                       1,618     2,182     2,123     3,741     2,326
                          --------  --------  --------  --------  --------

Income (loss) from
 continuing operations
 before income taxes      $  4,514  $  6,123  $  5,736    10,250    (5,364)
Add:
  Depreciation and
   amortization              5,698     5,218     5,670    11,368    10,149
  Interest expense, net      1,895     1,827     1,884     3,779     3,518
  Non-cash equity based
   compensation                225       123       137       362       188
  Loss on disposal of
   fixed assets                145         -       170       315        34
  Write-down of equity
   investments               2,026         -         -     2,026
  Goodwill impairment            -         -         -         -    16,315
                          --------  --------  --------  --------  --------

Adjusted EBITDA             14,503    13,291    13,597    28,100    24,840
Add: Lease expense           5,111     4,993     5,083    10,194     9,923
                          --------  --------  --------  --------  --------
Adjusted EBITDAR          $ 19,614  $ 18,284  $ 18,680  $ 38,294  $ 34,763
                          ========  ========  ========  ========  ========

Adjusted EBITDA             14,503    13,291    13,597    28,100    24,840
Add: Division realignment
 expense                       453         -         -       453         -
                          --------  --------  --------  --------  --------
Adjusted EBITDA before
 division realignment
 expense                    14,956    13,291    13,597    28,553    24,840
Add: Lease expense           5,111     4,993     5,083    10,194     9,923
                          --------  --------  --------  --------  --------
Adjusted EBITDAR before
 division realignment
 expense                  $ 20,067  $ 18,284  $ 18,680  $ 38,747  $ 34,763
                          ========  ========  ========  ========  ========

The following table sets forth the calculations of Adjusted EBITDA,
Adjusted EBITDAR, Adjusted EBITDA before division realignment and Adjusted
EBITDAR before division realignment as percentages of total revenue:

                           Three months ended           Six months ended
                     -------------------------------  --------------------
                     June 30,   June 30,   March 31,  June 30,   June 30,
                      2010(1)     2009       2010      2010(1)     2009
                     ---------  ---------  ---------  ---------  ---------
                                         (in thousands)
Revenues             $  58,305  $  56,683  $  57,859  $ 116,164  $ 113,750
                     =========  =========  =========  =========  =========

Adjusted EBITDA      $  14,503  $  13,291  $  13,597  $  28,100  $  24,840
                     =========  =========  =========  =========  =========

Adjusted EBITDAR     $  19,614  $  18,284  $  18,680  $  38,294  $  34,763
                     =========  =========  =========  =========  =========

Adjusted EBITDA as
 percent of total
 revenues                 24.9%      23.4%      23.5%      24.2%      21.8%
                     =========  =========  =========  =========  =========

Adjusted EBITDAR as
 percent of total
 revenues                 33.6%      32.3%      32.3%      33.0%      30.6%
                     =========  =========  =========  =========  =========


     (1) Includes division realignment expenses of $453 in both the
     quarter and six months ended June 30, 2010. Excluding division
     realignment expenses,  Adjusted EBITDA, Adjusted EBITDAR, Adjusted
     EBITDA as a percent of sales and Adjusted EBITDAR as a percent of
     sales for the quarter ended June 30, 2010 would have been $14,956,
     $20,067, 25.7% and 34.4%, respectively.   Adjusted EBITDA, Adjusted
     EBITDAR, Adjusted EBITDA as a percent of sales and Adjusted EBITDAR as
     a percent of sales for the six months ended June 30, 2010 would have
     been $28,553, $38,747, 24.6% and 33.4%, respectively.




                     ASSISTED LIVING CONCEPTS, INC.
                  Reconciliation of Non-GAAP Measures
                              (unaudited)


                                             Three       Six        Six
                                             Months     Months     Months
                                             Ended      Ended      Ended
                                            June 30,   June 30,   June 30,
                                             2010       2010       2009
                                             (dollars in thousands except
                                                   per share data)
Net income (loss)                          $   2,896  $   6,509  $  (7,868)
Add: Loss from discontinued operations,
 net of tax                                        -          -        178
                                           ---------  ---------  ---------
Income (loss) from continuing operations       2,896      6,509     (7,690)
                                           ---------  ---------  ---------
Add one time charge:
  Write down of equity investments             2,026      2,026          -
  Goodwill impairment                              -          -     16,315
  Loss on disposal of fixed assets related
   to expansion project                          125        125          -
Division realignment expense                     453        453          -
Less: Income tax benefits from one-time
 charges                                         933        933      1,622
                                           ---------  ---------  ---------
  Pro forma net income from continuing
   operations excluding one-time charges   $   4,567  $   8,180  $   7,003
                                           =========  =========  =========

Weighted average common shares:
Basic                                         11,567     11,572     11,882
Diluted                                       11,738     11,741     11,882

Per share data:
  Basic earnings per common share
  Income (loss) from continuing operations $    0.25  $    0.56  $   (0.65)
  Less: loss from discontinued operations          -          -      (0.01)
  Less: loss from one-time charges             (0.14)     (0.14)     (1.24)
                                           ---------  ---------  ---------
  Pro forma net income from continuing
   operations excluding one-time charges   $    0.39  $    0.70  $    0.60
                                           =========  =========  =========

  Diluted earnings per common share*
  Income (loss) from continuing operations $    0.25  $    0.55  $   (0.65)
  Less: loss from discontinued operations          -          -      (0.01)
  Less: loss from one-time charges             (0.14)     (0.14)     (1.24)
                                           ---------  ---------  ---------
  Pro forma net income from continuing
   operations excluding one-time charges   $    0.39  $    0.70  $    0.60
                                           =========  =========  =========

* Per share numbers may not add due to rounding

Filed Under: Facilities And Providers

Myomo Launches myomo@home Program

Posted on August 9, 2010 Written by Annalyn Frame

SOURCE: Myomo

CAMBRIDGE, MA–(Marketwire – August 9, 2010) –  Myomo, Inc., the developer of neuro-robotic stroke rehabilitation technology, has launched myomo@home, a program that enables stroke survivors to purchase the Myomo System directly for use at home. The system is a neuro-robotic rehabilitation device that helps impaired stroke survivors increase movement in their arms, and has been clinically proven effective from two days to 21 years post stroke. Used in the clinical setting since 2008, the Myomo System is now available directly to consumers with a physician’s prescription. Myomo has successfully completed FDA requirements to demonstrate that the device is safe for use in the home.

“Our goal is to make the Myomo System available to as many people as can benefit from it,” explains Steve Kelly, Myomo’s CEO. “Stroke is the leading cause of disability in the US. There is a great need to restore independence to those who have suffered a stroke. Our new program expands access to world-class rehabilitation therapy and technology to any individual at home regardless of geography.”

“We were able to get therapy with the Myomo System, but the nearest clinic was a four hour round trip drive,” said Dean Kenefick, who suffered a stroke in 2004. “When Myomo started a pilot program for home use, we purchased one. I use the Myomo device three times a week and consistently get more return of muscle and movement.”

A Model for Delivering High-Frequency Stroke Rehabilitation

myomo@home is a comprehensive program that leverages evidence-based techniques to restore arm movement. It combines the Myomo System with therapy from a trained and certified Myomo physical or occupational therapist. Direction from a therapist and adherence to a prescribed protocol is critical to the success of stroke patients using the Myomo System at home. 

“Myomo was developed based on a well-known principle that if you work at it, you will get better at it,” said Steve Williams, MD, Chief, Chairman, Department of Rehabilitation Medicine at Boston Medical Center. “Just like learning and getting better at a sport or a craft, re-learning to move your arm requires repetitive practice to keep getting better at it.”

To acquire the product, Myomo has a defined process that includes an in-person or a Web-based video screening and the participation of a clinical partner or a local therapist. If the patient doesn’t have access to a local therapy resource, Myomo works with them to connect with a local therapist through its independent therapist network. 

Myomo provides therapist training and certification through a multi-level certification program that is completed either in-person or live via the Web. Each therapy protocol is customized for the individual patient and follow-up is conducted to adjust treatment for the most potential improvement. Unlimited phone customer service is included with the program.

About Myomo

Myomo develops neuro-robotic technology that helps impaired stroke survivors regain movement in their arms. The company combines technology developed at Massachusetts Institute of Technology (MIT), with rehabilitation professionals trained at the best hospitals in the country, to help stroke patients regain independence. For more information, visit www.myomo.com. Join us on Facebook at http://www.facebook.com/pages/Cambridge-MA/Myomo/196353791770.

CONTACT:
Matt Burke
Email Contact
US +1 603.315.0618

Filed Under: Facilities And Providers

Correction: Vigil Health Solutions Reports Q1 Results, Sales Bookings Up 26%

Posted on August 9, 2010 Written by Annalyn Frame

VICTORIA, BRITISH COLUMBIA–(Marketwire – Aug. 9, 2010) –Marketwire would like to issue a correction for the press release issued at 12:30 PM ET. The URL for Vigil’s Financial Statements contained incorrect HTML coding. The proper link is http://www.vigil.com/?Investors:Financial_Statements. The corrected release follows:

 Vigil Health Solutions Inc. (TSX VENTURE:VGL) (“Vigil”) announces the results of operations for the quarter ending June 30, 2010.

Business highlights

  • Grew bookings 26% for the quarter to $955 thousand compared to $755 thousand for the three-month period ended June 30, 2009.
  • Increased backlog 14% to approximately $3.1 million compared to approximately $2.72 million at June 30, 2009.
  • Revenue was $641 thousand for the three-months ended June 30, 2010 compared to $1.37 million in the three-month period ended June 30, 2009, a decrease of 53%. The decrease reflects lower bookings in FYE2010 and the timing in projects commissioned.
  • Expanded revenue from service and maintenance agreements and one-off sales by 72% during the quarter ended June 30, 2010 to $298 thousand.

“I am encouraged with our increased sales bookings which I believe is a positive indication of both the improvement in the economy, as well as our continued investment in sales and marketing,” stated Troy Griffiths, President and CEO of Vigil Health Solutions Inc.

Financial Results

Revenue for the three-months ended June 30, 2010 was $641 thousand compared to $1.37 million in the three-month period ended June 30, 2009, a decrease of 53%. The decrease in revenue reflects both the reduced number and size of the projects completed during the quarter. Because Vigil records revenue using the completed contract method the number of projects completed this quarter directly reflects a lag related to the timing of the US economic downturn.

Bookings for the quarter were $955 thousand up 26% compared to $755 thousand in the three-month period ended June 30, 2009. The increase in bookings relates to an improvement in the United States economy, specifically, in funding availability for new construction in the seniors living industry as well as the Company’s investment in it sales program.

At June 30, 2010, Vigil had a backlog of approximately $3.1 million (including $1.64 million in deposits and progress billings, recorded as deferred revenue on the balance sheet) a 14% increase compared to approximately $2.72 million (including $1.34 million in deposits and progress billings, recorded as deferred revenue on the balance sheet) at June 30, 2009. This increase is the result of booking more new projects than recorded as revenue during the quarter.

The gross margin percentage for the three months ended June 30, 2010 was 45% compared to 48% for the three months ended June 30, 2009. The gross margin during the period was with in management’s expectations of margins of between 42% and 47%.

Expenditures for the three months ended June 30, 2010 were $465 thousand down 22% from operating expenditures of $599 thousand for the same period ended June 30, 2009. The Company decreased expenditures in all areas. These decreases were the result of a combined strategic effort to focus resources where they would be best utilized.

Net loss for the three month period ended June 30, 2010 was $180 thousand, or $0.002 per share compared to a gain of $66 thousand, or $0.001 per share for the previous year. The increase in losses is primarily attributable to the lower in revenue in the period.

Detailed financial statements along with Management Discussion and Analysis have been filed with SEDAR and may be viewed on the Company web site (http://www.vigil.com/?Investors:Financial_Statements) or at (www.sedar.com).

Financial information will be mailed to entitled security holders on August 16, 2010. Or, upon notice to the Company, entitled security holders may request a copy of financials in advance.

Summary Financial Information

  June 30, June 30,
  2010 2009
  (unaudited) (unaudited)
     
Revenue $641,420 $1,370,157
Cost of sales 355,705 708,450
  285,715 661,707
     
Expenses 472,943 612,120
     
Income before the following items (187,228) 49,587
     
Other income (expense): 6,983 16,181
     
Income / (loss) for the period $(180,245) $65,768

Non-GAAP Measure

For the three months ended June 30, 2010, we are disclosing Adjusted EBITDA, a non-GAAP financial measure, as a supplementary indicator of operating performance. We define Adjusted EBITDA as net income before, interest, income taxes, amortization, stock based compensation and currency gains or losses including derivative foreign exchange differences. We are presenting the non-GAAP financial measure in our filings because we use it internally to make strategic decisions, forecast future results and to evaluate our performance and because we believe that our current and potential investors and analysts use the measure to assess current and future operating results and to make investment decisions. It is a non-GAAP measure, may not be comparable to other companies and it is not intended as a substitute for GAAP measures.

Adjusted EBITDA reconciliation

  Three months ended
  June 30, 2010 June 30, 2009
     
Income / (loss) for the period $(180,245) $65,768
     
  Add / (deduct)    
  Foreign exchange gain (loss) 15,382 (40,477)
  Derivative exchange gain (7,883) 55,212
  Interest (516) 1,446
  Stock based compensation (10,423) (1,280)
  Amortization (7,825) (12,982)
  (11,265) 1,919
     
Adjusted EBITDA $(168,980) $63,849

About Vigil Health Solutions Inc.

Vigil offers a proprietary technology platform combining software and hardware to provide comprehensive solutions to the expanding seniors’ housing market. Vigil has established a growing presence in North America and an international reputation for being on the leading edge of systems design and integration. The Vigil Integrated Care Management System™ (Vigil® System) includes the award-winning Vigil Dementia System, a nurse call system, bed monitoring, resident check in, and the latest development the Vigil Wireless call system. The first to supply dementia specific care technology, Vigil facilitates the highest standard of care for cognitive residents while helping dementia residents enjoy a higher quality of life and greater dignity.

Certain statements contained in this news release that are not based on historical facts may constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws (“forward-looking statements”). These forward-looking statements are not promises or guarantees of future performance but are only predictions that relate to future events, conditions or circumstances or our future results, performance, achievements or developments and are subject to substantial known and unknown risks, assumptions, uncertainties and other factors that could cause our actual results, performance, achievements or developments in our business or in our industry to differ materially from those expressed, anticipated or implied by such forward-looking statements.

Forward-looking statements include all financial guidance, disclosure regarding possible events, conditions, circumstances or results of operations that are based on assumptions about future economic conditions, courses of action and other future events. We caution you not to place undue reliance upon any such forward-looking statements, which speak only as of the date they are made. These forward-looking statements appear in a number of different places in this presentation and can be identified by words such as “may”, “estimates”, “projects”, “expects”, “intends”, “believes”, “plans”, “anticipates”, or their negatives or other comparable words. Forward-looking statements include statements regarding the outlook for our future operations, plans and timing for the introduction or enhancement of our services and products, statements concerning strategies or developments, statements about future market conditions, supply conditions, end customer demand conditions, channel inventory and sell through, revenue, gross margin, operating expenses, profits, forecasts of future costs and expenditures, the outcome of legal proceedings, and other expectations, intentions and plans that are not historical fact.

The risk factors and uncertainties that may affect our actual results, performance, achievements or developments are many and include, amongst others, our ability to develop our sales force and generate revenue, the length of the sales cycle, management of the Company’s growth, ability to recruit and retain staff, fluctuations in demand for current and future products, our ability to develop, manufacture, supply and market existing and new products that meet the needs of customers, volatility in the exchange rate, ability to secure financing, ability to secure product liability insurance, the continuous commitment of our customers, increased competition, changes in regulation and reliance on third party suppliers. These risk factors and others are discussed in the Risks and Uncertainties section of our “Management Discussion and Analysis” segment of our fiscal 2009 Annual Report. Many of these factors and uncertainties are beyond the control of the Company. Consequently, all forward-looking statements in this news release are qualified by this cautionary statement and there can be no assurance that actual results, performance, achievements or developments anticipated by the Company will be realized.

Forward-looking statements are based on management’s current plans, estimates, projections, beliefs and opinions and, except as required by law, the Company does not undertake any obligation to update forward-looking statements should the assumptions related to these plans, estimates, projections, beliefs and opinions change.

Filed Under: Facilities And Providers

Vigil Health Solutions Reports Q1 Results, Sales Bookings Up 26%

Posted on August 9, 2010 Written by Annalyn Frame

VICTORIA, BRITISH COLUMBIA–(Marketwire – Aug. 9, 2010) – Vigil Health Solutions Inc. (TSX VENTURE:VGL) (“Vigil”) announces the results of operations for the quarter ending June 30, 2010.

Business highlights

  • Grew bookings 26% for the quarter to $955 thousand compared to $755 thousand for the three-month period ended June 30, 2009.
  • Increased backlog 14% to approximately $3.1 million compared to approximately $2.72 million at June 30, 2009.
  • Revenue was $641 thousand for the three-months ended June 30, 2010 compared to $1.37 million in the three-month period ended June 30, 2009, a decrease of 53%. The decrease reflects lower bookings in FYE2010 and the timing in projects commissioned.
  • Expanded revenue from service and maintenance agreements and one-off sales by 72% during the quarter ended June 30, 2010 to $298 thousand.

“I am encouraged with our increased sales bookings which I believe is a positive indication of both the improvement in the economy, as well as our continued investment in sales and marketing,” stated Troy Griffiths, President and CEO of Vigil Health Solutions Inc.

Financial Results

Revenue for the three-months ended June 30, 2010 was $641 thousand compared to $1.37 million in the three-month period ended June 30, 2009, a decrease of 53%. The decrease in revenue reflects both the reduced number and size of the projects completed during the quarter. Because Vigil records revenue using the completed contract method the number of projects completed this quarter directly reflects a lag related to the timing of the US economic downturn.

Bookings for the quarter were $955 thousand up 26% compared to $755 thousand in the three-month period ended June 30, 2009. The increase in bookings relates to an improvement in the United States economy, specifically, in funding availability for new construction in the seniors living industry as well as the Company’s investment in it sales program.

At June 30, 2010, Vigil had a backlog of approximately $3.1 million (including $1.64 million in deposits and progress billings, recorded as deferred revenue on the balance sheet) a 14% increase compared to approximately $2.72 million (including $1.34 million in deposits and progress billings, recorded as deferred revenue on the balance sheet) at June 30, 2009. This increase is the result of booking more new projects than recorded as revenue during the quarter.

The gross margin percentage for the three months ended June 30, 2010 was 45% compared to 48% for the three months ended June 30, 2009. The gross margin during the period was with in management’s expectations of margins of between 42% and 47%.

Expenditures for the three months ended June 30, 2010 were $465 thousand down 22% from operating expenditures of $599 thousand for the same period ended June 30, 2009. The Company decreased expenditures in all areas. These decreases were the result of a combined strategic effort to focus resources where they would be best utilized.

Net loss for the three month period ended June 30, 2010 was $180 thousand, or $0.002 per share compared to a gain of $66 thousand, or $0.001 per share for the previous year. The increase in losses is primarily attributable to the lower in revenue in the period.

Detailed financial statements along with Management Discussion and Analysis have been filed with SEDAR and may be viewed on the Company web site (http://www.vigil.com/?Investors:Financial_Statements) or at (www.sedar.com).

Financial information will be mailed to entitled security holders on August 16, 2010. Or, upon notice to the Company, entitled security holders may request a copy of financials in advance.

Summary Financial Information

  June 30, June 30,
  2010 2009
  (unaudited) (unaudited)
     
Revenue $641,420 $1,370,157
Cost of sales 355,705 708,450
  285,715 661,707
     
Expenses 472,943 612,120
     
Income before the following items (187,228) 49,587
     
Other income (expense): 6,983 16,181
     
Income / (loss) for the period $(180,245) $65,768

Non-GAAP Measure

For the three months ended June 30, 2010, we are disclosing Adjusted EBITDA, a non-GAAP financial measure, as a supplementary indicator of operating performance. We define Adjusted EBITDA as net income before, interest, income taxes, amortization, stock based compensation and currency gains or losses including derivative foreign exchange differences. We are presenting the non-GAAP financial measure in our filings because we use it internally to make strategic decisions, forecast future results and to evaluate our performance and because we believe that our current and potential investors and analysts use the measure to assess current and future operating results and to make investment decisions. It is a non-GAAP measure, may not be comparable to other companies and it is not intended as a substitute for GAAP measures.

Adjusted EBITDA reconciliation

  Three months ended
  June 30, 2010 June 30, 2009
     
Income / (loss) for the period $(180,245) $65,768
     
  Add / (deduct)    
  Foreign exchange gain (loss) 15,382 (40,477)
  Derivative exchange gain (7,883) 55,212
  Interest (516) 1,446
  Stock based compensation (10,423) (1,280)
  Amortization (7,825) (12,982)
  (11,265) 1,919
     
Adjusted EBITDA $(168,980) $63,849

About Vigil Health Solutions Inc.

Vigil offers a proprietary technology platform combining software and hardware to provide comprehensive solutions to the expanding seniors’ housing market. Vigil has established a growing presence in North America and an international reputation for being on the leading edge of systems design and integration. The Vigil Integrated Care Management System™ (Vigil® System) includes the award-winning Vigil Dementia System, a nurse call system, bed monitoring, resident check in, and the latest development the Vigil Wireless call system. The first to supply dementia specific care technology, Vigil facilitates the highest standard of care for cognitive residents while helping dementia residents enjoy a higher quality of life and greater dignity.

Certain statements contained in this news release that are not based on historical facts may constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws (“forward-looking statements”). These forward-looking statements are not promises or guarantees of future performance but are only predictions that relate to future events, conditions or circumstances or our future results, performance, achievements or developments and are subject to substantial known and unknown risks, assumptions, uncertainties and other factors that could cause our actual results, performance, achievements or developments in our business or in our industry to differ materially from those expressed, anticipated or implied by such forward-looking statements.

Forward-looking statements include all financial guidance, disclosure regarding possible events, conditions, circumstances or results of operations that are based on assumptions about future economic conditions, courses of action and other future events. We caution you not to place undue reliance upon any such forward-looking statements, which speak only as of the date they are made. These forward-looking statements appear in a number of different places in this presentation and can be identified by words such as “may”, “estimates”, “projects”, “expects”, “intends”, “believes”, “plans”, “anticipates”, or their negatives or other comparable words. Forward-looking statements include statements regarding the outlook for our future operations, plans and timing for the introduction or enhancement of our services and products, statements concerning strategies or developments, statements about future market conditions, supply conditions, end customer demand conditions, channel inventory and sell through, revenue, gross margin, operating expenses, profits, forecasts of future costs and expenditures, the outcome of legal proceedings, and other expectations, intentions and plans that are not historical fact.

The risk factors and uncertainties that may affect our actual results, performance, achievements or developments are many and include, amongst others, our ability to develop our sales force and generate revenue, the length of the sales cycle, management of the Company’s growth, ability to recruit and retain staff, fluctuations in demand for current and future products, our ability to develop, manufacture, supply and market existing and new products that meet the needs of customers, volatility in the exchange rate, ability to secure financing, ability to secure product liability insurance, the continuous commitment of our customers, increased competition, changes in regulation and reliance on third party suppliers. These risk factors and others are discussed in the Risks and Uncertainties section of our “Management Discussion and Analysis” segment of our fiscal 2009 Annual Report. Many of these factors and uncertainties are beyond the control of the Company. Consequently, all forward-looking statements in this news release are qualified by this cautionary statement and there can be no assurance that actual results, performance, achievements or developments anticipated by the Company will be realized.

Forward-looking statements are based on management’s current plans, estimates, projections, beliefs and opinions and, except as required by law, the Company does not undertake any obligation to update forward-looking statements should the assumptions related to these plans, estimates, projections, beliefs and opinions change.

Filed Under: Facilities And Providers

Sandhills Pediatrics Selects the SRS Hybrid EMR for Its 14 Providers and 4 Locations

Posted on August 9, 2010 Written by Annalyn Frame

SOURCE: SRSsoft

Comparative Benchmarking Confirmed Productivity and Physician Focus of SRS Hybrid EMR

MONTVALE, NJ–(Marketwire – August 9, 2010) –  SRS, the leader in high-performance hybrid EMRs, today announced that Sandhills Pediatrics has selected the SRS hybrid EMR for its 14 providers. Sandhills Pediatrics has four offices in the greater Columbia, South Carolina, area and has served the community’s families since 1975.

“I see 38-45 patients a day, so I wanted an EMR that would easily adapt to my workflow and not hinder the pace of my schedule,” says Kevin O. Wessinger, M.D., Sandhills Pediatrics. “The SRS hybrid EMR allows me to practice the way I like, while eliminating the gross inefficiencies of a paper-centric office. Implementation was smooth — we didn’t have to compromise our productivity at all, even during the first few days!”

“The stopwatch doesn’t lie. During our EMR selection process, we looked at several traditional, point-and-click systems and a free online EMR,” says Ken Fenchel, Practice Administrator, Sandhills Pediatrics. “We timed how long it takes to perform common workflow tasks with each EMR and realized that SRS is the easiest and fastest by far. The higher level of productivity is critical to our physicians’ ability to provide quality care to our high volume of patients.”

SRS was designed with direct input by its high-performance physicians to provide them with a system that fits their needs, helps them to work more efficiently, and enables them to achieve a rapid return on their investment. SRS, which has built the largest national network of high-performance practices that successfully use an EMR, attributes its unmatched adoption rate to ease of use, fast implementation, and an accelerated timeframe for training physicians and office staff.

“If more practices took the time to do comparative benchmarking, the rate of successful EMR adoptions would increase,” says Evan Steele, CEO of SRSsoft. “We are confident that Sandhills — like our other pediatric practice clients — will see immediate and ongoing benefits with SRS throughout their offices, and we are very happy to have them join our growing national network of 5,000 providers.”

About Sandhills Pediatrics
Sandhills Pediatrics has a long and distinguished history of caring for children. Established in 1975 by Dr. S. Nelson Weston and Dr. Charles A. James, Sandhills offers comprehensive and well-rounded medical services to children from birth through college age. Visit www.sandhillsped.com for more information.

About SRS
For over a decade, SRS has been the leading provider of productivity-enhancing EMR technology — with a successful adoption rate unparalleled in the industry. The robust SRS hybrid EMR increases physicians’ speed and practice revenue by offering powerful and flexible solutions that streamline clinical workflows and enhance patient care. Prominent pediatric groups choose SRS because of its fit with the demands of their specialty. For more information on SRS, visit www.srssoft.com, e-mail [email protected], fax 201.802.1301, or call 800.288.8369.

Media Contact
Jeremy Duca
SRSsoft
800.288.8369
Email Contact

Filed Under: Facilities And Providers

Sage Healthcare Division Supports National Health Center Week for 4th Consecutive Year

Posted on August 9, 2010 Written by Annalyn Frame

SOURCE: Sage

Employees Volunteer Time at Community Health Centers Across the U.S.

TAMPA, FL–(Marketwire – August 9, 2010) –  Sage North America today announced that Sage Healthcare Division, a leading provider of electronic health record (EHR) and practice management software, is showing its support for National Health Center Week (August 8 – 14, 2010) by offering volunteer assistance at community health centers across the country during the week through its ProjectSERVS (Sage Employees Reaching out with Volunteer Service).

National Health Center Week is an annual celebration designed to raise awareness about the valuable work that community health centers do. During this week, health centers across the country host events to educate people on healthcare and the types of services provided by the centers. Many events feature free health screenings, food and refreshments, prominent speakers, and more.

“National Health Center Week is a tremendous opportunity to highlight the vital role health centers play in their community. We are appreciative of Sage’s support to make the week even more successful for health centers across the country,” said Dan Hawkins, Senior Vice-President of Policy and Research at the National Association of Community Health Centers. “Sage’s efforts are helping to strengthen health centers in numerous communities, and we stand ready to work with everyone in the years ahead to make sure all people have a healthcare home at a community health center.”

Sage Healthcare Division has supported the event for four consecutive years. This year, Sage employees are volunteering their time at several health centers across the U.S., including:

  • Health Linc in Michigan City, Indiana; Knox, Indiana; and Valparaiso, Indiana – Sage employees will host a back-to-school fair and carnival in which each clinic will provide free sports physicals, immunizations, school backpacks stuffed with supplies and lunch will be served at each site; and
  • New Hanover Health Center in Wilmington, North Carolina – Sage employees will be scanning paper medical records into the clinic’s electronic system.

“Sage continues to dedicate itself to furthering the mission of improving patient outcomes and quality of care in the United States. Our involvement with National Association of Community Health Centers’ National Health Center Week proves our commitment to this goal,” said Lee Horner, Senior Vice President of Sales for Sage Healthcare Division. “Sage strives to continuously serve communities through programs where Sage employees volunteer countless hours and thousands of dollars to support worthy causes every year, including community health centers, which we salute for the important role they play in our healthcare system.”

Sage has been a longstanding provider of information technology solutions to the CHC and Federally Qualified Health Center (FQHC) market, said Tony Ryzinski, Senior Vice President of Marketing for Sage Healthcare Division, and maintains a strong commitment to this segment by developing products that address its unique needs. 

“We maintain a close relationship with our CHC partners and continually solicit their input and recommendations,” Ryzinski said. “Many of our CHC partners provide critical insight into the needs of their clinics, providers and patients, and Sage recognizes the increasingly important role of the CHC and FQHC in today’s evolving healthcare economy, as their mission broadens in providing access to care to broader segments of the population.”

View Sage Healthcare Division YouTube interviews.
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About Sage Healthcare Division
Sage Healthcare Division provides integrated electronic health records, EDI applications and practice management systems to more than 80,000 physicians and thousands of ambulatory care practices throughout North America. These systems enable physicians and practice managers to better manage their practices and improve profitability. Sage Healthcare Division is based in Tampa, Fla., and is a division of Sage North America. For more information, please visit www.sagehealth.com or call (877) 932-6301.

About Sage North America
Sage North America is part of The Sage Group plc, a leading global supplier of business management software and services. Sage North America employs 4,000 people and supports 3.1 million small and midsized business customers including more than 80,000 physicians. The Sage Group plc, formed in 1981, was floated on the London Stock Exchange in 1989 and now employs 13,100 people and supports 6.2 million customers worldwide. For more information, please visit the website at www.sagenorthamerica.com.

© 2010 Sage Software, Inc. All rights reserved. Sage, the Sage logos, and the Sage product and service names mentioned herein are registered trademarks or trademarks of Sage Software, Inc. or its affiliated entities. All other trademarks are the property of their respective owners.

Media Contact:
Scott Rupp
Sage North America
813-249-4264
[email protected]

Filed Under: Facilities And Providers

St Andrew’s Healthcare Turns to Imprivata to Simplify and Secure Access to Patient Data

Posted on August 9, 2010 Written by Annalyn Frame

SOURCE: Imprivata

OneSign Controls and Monitors Access to Patient Records While Improving User Workflows

LEXINGTON, MA–(Marketwire – August 9, 2010) –  Imprivata®, Inc., the company that simplifies and secures user access, today announced that St Andrew’s Healthcare, the UK’s largest not-for-profit mental health charity, has selected Imprivata OneSign to provide 3,500 employees with faster and more efficient access to a range of applications via single sign-on (SSO) and strong authentication with smart cards. The rollout, completed in June 2010 across the organisation’s four sites in Basildon, Birmingham, Mansfield and Northampton will allow clinical and support staff to increase the speed at which they can securely access patient information and raise the levels of patient care.

The implementation of OneSign will improve clinical productivity by providing users with a single point of secure access though which they can connect to multiple applications, including electronic patient records, HR, Finance, a range of intranet-based applications and its in-house knowledge system.

With OneSign St Andrew’s will bolster the levels of security around user access management without compromising productivity or patient care. OneSign will also ensure IT staff can quickly and efficiently audit access to patient information, helping to avoid malpractice by uncovering instances of shared passwords. This is especially valuable with increasingly strict compliance regulations around the issue of psychiatric medicines and drugs.

St Andrew’s is regularly audited by the Care Quality Commission and the Department of Health, who assess the standards of care being provided at healthcare organisations across the UK. As part of the process, auditors request access to random patient records and other data to ensure these are being managed securely. Previously, auditing employee access to patient data would involve manual printing of SQL tables, however with OneSign IT staff can access records at the click of a switch, simplifying compliance reporting.

“The nature of our work within mental health organisations involves both sensitive patient data and the prescription of psychiatric drugs — which underscores the importance of having complete control of who accesses our IT systems without jeopardising the productivity of our staff,” said Paul Kirkpatrick, Director of IT. “Working with Imprivata to implement single sign-on and strong authentication has enabled us to ensure that only authorised employees can access patient information and applications whilst also making sure we can improve the efficiency of our auditing for regulatory bodies.” 

Additionally, as a 24-hour psychiatric hospital, St Andrew’s has to ensure that medical staff can access data and applications round-the-clock and the self-service password reset module within OneSign will help reduce some of the 400 password reset calls to the IT helpdesk per month, freeing up one full-time employee for other activities.

“Patient data security is one of the primary IT concerns within the healthcare sector today, but not at the expense of employee productivity or patient safety,” said Omar Hussain, CEO and President, Imprivata. “Imprivata OneSign has long been a trusted name for both the NHS and private healthcare institutions across the globe, and we look forward to helping St Andrew’s simplify and secure access to patient data, improve workflow and ultimately the level of care delivered by its staff.”

About Imprivata
Imprivata is the leading independent vendor focused on simplifying and securing user access. By strengthening user authentication, streamlining application access and simplifying compliance reporting across multiple computing environments, customers can align security with user workflows and realize substantial productivity gains while lowering IT costs.

Imprivata has received numerous product awards and top review ratings from leading industry publications and analysts. Headquartered in Lexington, Mass., Imprivata partners with over 200 resellers, and serves the access security needs of more than 1,000 customers around the world. For more information, please visit www.imprivata.com.

Imprivata is a registered trademark of Imprivata, Inc. in the USA and other countries. All other product or company names mentioned are the property of their respective owners.

RSS Feed to Imprivata News: http://feeds.feedburner.com/ImprivataNews

Follow Imprivata on Twitter: https://twitter.com/Imprivata

Contact:
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617-758-4177
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Filed Under: Facilities And Providers

Indianapolis’ iSALUS Healthcare Chosen as Electronic Medical Records Preferred Software Partner for Indiana Health Information Technology Extension…

Posted on August 9, 2010 Written by Annalyn Frame

SOURCE: iSALUS Healthcare

INDIANAPOLIS, IN–(Marketwire – August 9, 2010) – Indianapolis-headquartered iSALUS Healthcare was recently selected by Indiana Health Information Technology Extension Center (I-HITEC), as a collaborative statewide initiative led by Purdue University, as an electronic medical records (EMR) preferred software partner. This partnership and endorsement allows iSALUS to serve Indiana’s healthcare community as part of a federal stimulus program to implement EMR software systems.

“The entire team at iSALUS has a vested and personal interest in being chosen as a preferred software provider,” said Michael Hall, president and founder of iSALUS Healthcare. “These are the doctors we trust to take care of our families, and we are honored to be chosen to help them provide the very best care to all of their patients.”

iSALUS was selected by I-HITEC from among hundreds of EMR software firms. The company was chosen based on its ability to assist healthcare providers in implementing electronic medical records, allowing them to qualify for federal stimulus money, a proven technology platform, previous experience with small to medium size healthcare practices, ability to quickly and efficiently implement a large number of new providers, and affordable pricing. Through this partnership, iSALUS and I-HITEC will provide Indiana healthcare providers with a full electronic medical records solution, education, training, implementation, technical and customer support.

“The Indiana Health Information Technology Extension Center is tasked with helping 2,200 Indiana primary care providers (PCPs) achieve Meaningful Use of electronic health record technology by 2012,” said Monica Arrowsmith, I-HITEC’s director. “We are confident we can reach this ambitious goal in partnership with iSALUS Healthcare as one of our certified EMR software partners. Together we will bring understandable, implementable and affordable EMR solutions to Indiana’s healthcare community.”

About iSALUS Healthcare
Founded in 2000 and headquartered in Indianapolis, iSALUS Healthcare offers web-based, mobile-optimized EMR and practice management software solutions for small to medium sized physician practices, healthcare offices and medical clinics. Its proven suite of easy-to-learn and easy-to-use applications is accessible from any Internet connection and provided at an affordable monthly fee. iSALUS includes unlimited technical support and customer service with all of its software subscriptions. Throughout its history, the company has served thousands of doctors and practice managers across the country. For more information, visit www.isalushealthcare.com or call 888.280.6678.

About Indiana Health Information Technology Extension Center (I-HITEC)
Indiana Health Information Technology Extension Center (I-HITEC) is a federally-designated state-chartered non-profit led by Purdue University. The organization was formed as a result of the 2009 federal Health Information Technology for Economic and Clinical Health Act and is funded through a four-year, $12 million grant. I-HITEC provides subsidized EHR adoption assistance, Meaningful Use coaching and discounted EHR products and services to Indiana’s small physician practices, public or critical access hospitals, community health centers or rural health clinics as well as other medical settings that serve the uninsured, underinsured, underserved or other at-risk populations. I-HITEC is tasked with educating and helping these entities transition from traditional, paper-based electronic health record management systems to federally-mandated electronic health record (EHR) technology. This initiative benefits Indiana through improvements to the state’s existing health information technology delivery system which will ultimately improve patient outcomes and reduce healthcare costs. To receive reimbursement from the federal stimulus program, Indiana’s healthcare providers must achieve and prove Meaningful Use of EHR software. I-HITEC plays a critical role in this process. For more information about I-HITEC, please visit www.switch.purdue.edu or call (765) 496-1911.

Filed Under: Facilities And Providers

The Top 10 Methods to Lower Your Well being Care Prices

Posted on August 9, 2010 Written by Annalyn Frame

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Ireland Home Insurance

 In case your medical expenses are growing, you’ll wish to know the best way to decrease them and keep them low. Listed here are 10 simple ways to scale back your well being care costs. 
1. Maintain a well being way of life — it sounds fundamental, however it actually works. In case you benefit from available wellness applications, preserve a healthy weight, exercise repeatedly, give up smoking, and have common checkups, you possibly can enormously reduce your medical expenses. 
2. Take advantage of free health screenings —if your medical health insurance doesn’t provide satisfactory well being screenings, or if you haven’t any medical insurance protection in any respect, look into free health screenings. Local clinics and hospitals usually present a wide range of screenings, reminiscent of blood stress, cholesterol, and mammograms.
3. Evaluate your medical insurance options — you’ll have to get your own protection in case you don’t have employer-sponsored well being insurance. Shop around. As a result of premiums fluctuate widely, you will probably save money in the event you get quotes from a number of companies. Consider every plan’s protection and features, making an allowance for exclusions, limitations, and the liberty to decide on well being-care providers. Additionally learn how much you will end up paying out of pocket within the form of co-payments, coinsurance, and deductibles, as a result of even relatively small amounts of cash can actually add up if you make frequent visits to your doctor.
4. Reduce the prices of your prescribed drugs — in the event you take pharmaceuticals recurrently, you already know they will eat up a big portion of your budget. To save cash, order your prescriptions although the mail by using a traditional or on-line pharmacy. If you happen to belong to a prescription drug plan by your medical health insurance plan, you might be able to get a three-month provide of your prescription drug by the mail for a similar worth you would pay for a one-month provide at your neighborhood pharmacy. You can even ask your pharmacist or physician to advocate a less-costly generic drug whenever possible.
5. Always verify your medical bills for errors — taking a couple of minutes to go over the costs can prevent money in the long run. Test to be sure that the bill precisely reflects the procedures you might have undergone and takes into account any relevant insurance coverage coverage you could have. Some errors, resembling flawed computer codes, are common, and you could be billed for well being care you never received. Contact the appropriate billing workplace in case you assume you’ve discovered a mistake. In case you’ve obtained an explanation of advantages out of your insurance coverage company that you simply consider is wrong, ask the company to overview your claim. 
6. Keep observe of your medical bills — at tax time, you could possibly deduct certain medical expenses in case you itemize, and your total medical expenses exceed 7.5 % of your adjusted gross income. Allowable medical bills embrace every thing from health-care companies to medical aids such as eyeglasses and listening to aids. Preserve observe of those expenses during the year.
7. Consider joining your partner’s well being plan — evaluate each your protection and your partner’s protection to see if it is sensible for both of you to join the opposite’s plan. Take into account that most plans allow you to add a partner to your plan inside a certain time period after you get married. In any other case, you could have to wait for the plans’ annual open enrollment period.
8. Negotiate a discount with your healthcare provider —you possibly can typically negotiate to decrease your medical bills. While it may not at all times work, it doesn’t harm to ask your physician, hospital, or pharmacy if they’re keen to return down in price. Earlier than you begin to negotiate, perform a little research to seek out out what different healthcare providers in your space are charging. You may also ask your healthcare provider if they’re going to lower their price in the event you pay in money up front.
9. Contribute to a flexible spending account — test to see if your employer gives a flexible spending plan that may let you put pretax dollars in an account. In that case, think about participating. You’ll be reimbursed to your out-of-pocket medical bills, equivalent to prescribed drugs, dental care, and co-payments. As a result of flexible spending contributions are taken out of your pay earlier than federal and state taxes are calculated, you get to use pretax dollars to pay your medical bills.
10. Understand your health insurance benefits — your health insurance might cowl greater than you think. Many insurance companies now present companies that are designed to help you stay safe and healthy. For instance, it’s possible you’ll receive reductions on nutritional vitamins, various medicines, well being club memberships, or bike helmets. You may also be stunned at the range of coverage your health plan offers. As an example, it may cover dental take care of younger youngsters, chiropractic care, and acupuncture. Learn your plan membership materials to find out what services are available by your well being plan earlier than you pay for them on your own.
Staying healthy is the easiest way to reduce your well being care costs. Getting a quality medical insurance policy and understanding its benefits will even go a protracted approach to conserving your medical bills as low as possible.

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Home Loan EMI Calculator

Filed Under: Healthcare Plan News

Insurance Quotes

Posted on August 9, 2010 Written by Annalyn Frame

Obtaining insurance quotes is usually a laborious job. Hours could also be spent on the telephone talking to totally different insurance coverage brokers within the hope that they’ll be able to provide you with a cheaper worth than the quotes you’ve already received. Each time you telephone a new agent you end up churning out the identical data and answering the same insurance coverage questions in a process that may be quite frankly mind-numbing!
But not solely are you spending your treasured time having to repeat yourself over and over again, in case you’re not calling a freephone number you will also end up running up a much bigger phone bill too. Add to this incontrovertible fact that generally the one alternative that some individuals need to phone around for insurance quotes is while they’re at work, which may land them in scorching water with their boss, then discovering insurance coverage quotes offline can grow to be a little bit of a nightmare!
Fortunately though there is an easier way. By harnessing the ability of the web, obtaining insurance coverage quotes need not be a problem at all. You may additionally discover that the quotes you receive usually will be lower than the quotes obtained for those who have been to simply rely on telephoning the insurance agents.
Obtaining insurance coverage quotes on the Internet
Discovering insurance coverage corporations to acquire quotes from on the Web is so simple. All you need to do is carry out a seek for ‘insurance quotes’ within the search engine of your alternative and you will be offered with a vast array of insurance companies all ready to supply their insurance coverage providers to you in an instant. Some of the best websites on which to seek for insurance quotes are in fact specialist insurance websites and portals the place a good selection of insurance firms might be discovered multi functional place.
Usually, websites like these will ask you to enter your particulars on one generic kind, which is then despatched out to the totally different insurance agents. Many insurance coverage brokers function an on the spot quotes response system on the Web, allowing you to receive again quotes immediately. You possibly can receive 20 different quotes in lower than 5-minutes by taking advantage of the quotes techniques on these kind of sites.
What’s extra, the quotes you obtain are assured to be competitive. This is because the associated fee to the insurance agent of working on-line and processing quotes and insurance coverage software forms online is only a fraction of the worth that it will price them if they’d to do this over the telephone. These financial savings are in lots of situations handed on to the consumer as discounts for making use of for the insurance online. 
Additionally, some insurance coverage brokers are actually selecting to function exclusively online. This lowers their overheads considerably in contrast to those that function via offices and branches. Once more, the savings made are passed on to the consumer, so lowering the costs of insurance coverage premiums still further. In order for you a handy strategy to discover cheap quotes for insurance then you can do little higher than use the Web!

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Filed Under: Healthcare Plan News

eight Easy Tips for Cheaper Residence Insurance coverage

Posted on August 9, 2010 Written by Annalyn Frame

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Employment Insurance Canada

 Nobody likes paying for house insurance coverage, nevertheless it’s a vital evil for many of us. This doesn’t mean you must pay through the nose for it though – strive these 8 straightforward tips for cheaper house insurance and see how much you could reduce your premiums by.
– Store Around
By comparing prices from a number of insurance coverage corporations, you’ll most likely be able to scale back your premiums by a substantial amount. This will seem obvious, but analysis has shown that a surprisingly large proportion of people either just renew their present policy, or get only one or two quotes. Many insurance coverage web pages will routinely compare dozens of policies for you, making this one of many best ways to cut back your insurance bill.
– Buy on-line
If you happen to purchase your policy online you’ll be able to typically get a discount of up to 20% on regular prices, as a result of there are less administration costs concerned and the savings will be handed on to you.
– Mix your buildings and contents policies
Many insurers offers you a reduction in case you take out both sorts of residence insurance coverage with them, and this normally works out cheaper than getting the two sorts of insurance policies from totally different companies.
– Pay upfront
Though most insurers allow you to pay your premium in monthly instalments, many will charge curiosity for this. In case you can afford to pay a full 12 months’s premium in advance, then this may work out cheaper in the lengthy run.
– Don’t declare for small quantities
Making many small claims can enhance your insurance prices, as your insurer might even see you as a better threat and enhance your premiums. You will also lose any no claims low cost your policy has. After all, you are entitled to say for something your policy covers, but ask yourself if making a small declare is really worth the problem and attainable future costs.
– Voluntary extra
This is related to the last point. Insurance policies function one thing often called ‘excess’, which basically means that the policy won’t pay out on claims beneath a sure value. On some insurance policies, in case you choose to raise your extra to a higher level, then your premiums might be lower.
– Increase your private home security
Beefing up your house security with better door locks, window locks, outside lighting, and alarm techniques can all result in lower premiums. Ask your insurer what you possibly can do to get further discounts.
– Scale back your cowl
Many insurance policies function advantages that you simply won’t need, similar to cover for personal possessions while travelling, or ‘free’ legal advice. Look by your policy and see what elements of it you really need – by cutting your cover all the way down to measurement you might be able to cut back your premium.

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HDFC Home Loan

Filed Under: Healthcare Plan News

Inexpensive Well being Insurance Plan – What Everyone Wants To Know About Individual Health Insurance

Posted on August 9, 2010 Written by Annalyn Frame

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Saga Insurance

 The dialogue about health insurance will not often cross your mind as long as you are employed. The group medical health insurance advantages that you have when you are employed are so easily taken for granted. There may come a time when a change or lack of employment might ship you scrambling into the medical health insurance market place. You will have lots of new selections to make. You’ll have to educate your self in a short time because there’s solely a 60-day window after separation from your employer to buy a new plan. 
There are an rising numbers of baby boomers reaching their mid-fifties that are leaving their employers and beginning businesses. This requires medical insurance planning. An affordable medical health insurance plan is only attainable once you begin to know the basics of health insurance.
Group health insurance is nearly all the time a Main Medical plan. There’s a lifetime most payout of benefits up to 1,000,000 dollars in most plans. These plans have the typical in-affected person and out affected person care topic to various different deductibles. It is crucial that you just understand the foremost medical policy. You do not need to purchase supplemental health insurance policies to interchange a serious–medical plan. Hospital Income policies are one type of supplemental health insurance. The hospital earnings coverage pays the insured a dollar amount benefit for every day that you’re hospitalized and not a lot else. 
Your greatest way to make medical health insurance extra inexpensive is by benefiting from the premium reductions gained from taking higher deductibles. The following step is starting a well being savings account to fund the deductible and any other unforeseen expense. The well being savings account is tax deductible. Your accountant or tax advisor offers you extra details.
Insurance coverage is usually one of the best ways to decrease your month-to-month payments while you want to save money. Please see our beneficial supply for insurance coverage quotes on-line to get the most cost effective rates possible. We’ve carried out the analysis so that you don’t have to.

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ICICI Mutual Fund

Filed Under: Healthcare Plan News

Mortgages – How A lot Are You Actually Borrowing?

Posted on August 9, 2010 Written by Annalyn Frame

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Confused Com Home Insurance

 How a lot are you paying back?
When contemplating a mortgage do you think about the entire right questions, for instance do you think about which financial institution is best because of their status or do you as an alternative look solely on the rate of interest tables, do you have a look at the flexibility to switch mortgage supplier or do you take a look at how lengthy they will assure a given mortgage price? These are of course all necessary questions and ones that should be given due consideration when selecting a mortgage provider – but there are more important questions.
Most of us take into account a mortgage to be one of life needed evils, after all it’s not good to be in debt to the tune of the house value right. Nicely there’s truly one question that most people ignore, when you’re borrowing $100,000.00 how a lot are you actually paying again?
The explanation that most individuals ignore this truth after they consider choosing a mortgage, refinancing or embarking on another type of fairness refinance is that on paper you are borrowing a given sum (100 Okay on this case).
Incorrect!
You’re borrowing a few thousand now however that’s not the amount that you just’ll be paying back.
This may occasionally seem like a little bit of a nonsense statement but lets analyse it in somewhat detail.
We initially borrow $100,000The rate of interest is 4.25% – per yrOur repayments are the curiosity + 4%We take the mortgage/refinance over 25 years.
So our yearly figures are as follows:
12 months 1:
Curiosity = $a hundred,000 / a hundred * 4.25 = $four,250Amortisation (paying again) =$a hundred,000 / 100 * 4 = $4,000
Whole to pay again this yr $eight,250
So now in year two we solely owe $96,000, so it appears like this:
Year2:
Interest = $96,000 / 100 * 4.25 = $four,080Amortisation (paying back) =$one hundred,000 / 100 * 1 = $4,000
Complete to pay back this year $eight,080
In order you can see, there’s much less curiosity to pay as a result of we’re clearing the initial steadiness, however nonetheless we’re paying 4.25% per 12 months, so if we borrowed $a hundred,000 to start out with how a lot are we truly paying again in the end?
We’re actually paying back $151,000 in the long run, that’s proper, the curiosity on the mortgage is $51,000 – doesn’t seem such a very good price any extra does it. However what for those who decide to pay again over an extended interval, that might assist right? Flawed, in the event you double the time period to 50 years (so paying back 2% per 12 months), then the curiosity effectively doubles the quantity of your mortgage to just over $200,000.
Now maybe when individuals focus on getting the most effective fee for the mortgage and appear to be messing about for a few factors distinction you possibly can see why, maybe now you too can perceive that it’s better to take a mortgage over the shortest doable time-frame – it does mean that you’ll must amortise quicker nevertheless it additionally signifies that you’ll doubtlessly save yourself hundreds in interest payments.
In case you are not financially in a position to really negotiate initially then perhaps one of the crucial vital questions you ought to be asking is whether or not or not there may be an early repayment choice – you would possibly come up with the money for to pay it of early however what’s the purpose if the financial institution will nonetheless cost you a similar quantity of interest?
If you want to run the simulation your self here’s the code in C#, simply create a brand new challenge, add a button, double click on the button and reduce/paste the next code:
int years =25; // years for mortgagefloat mVal = one hundred thousand; // total quantity borrowedfloat intRate = (float)3.00; // rate of interestfloat consequence =zero;float totalAmountInt =0; // total interest payablefloat yearlyAmount = mVal / years; // reimbursement per 12 months
for (int i = 1, i
I don’t appear to have the ability to submit the rest of the code, electronic mail me and I will send it to you.

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SBI Home Loan

Filed Under: Healthcare Plan News

Guide to life insurance

Posted on August 8, 2010 Written by Annalyn Frame

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Saga Insurance

 Life is valuable to each creature (large or small) on earth. From a tiny ant to big rational brokers each living being loves life and needs to guard it. For a human being the most prudent solution to defend his life from all of the forthcoming perils is to get life insurance. Life insurance coverage not simply guard the lifetime of the policyholder however it is also an incredible help to other household members. 
Life insurance pays for nearly all the foremost misshapenness in a person’s life. If the individual is affected by a continual illness, it bears the medical expense. Life insurance cash can be used in circumstances of a extreme accident. After the death of the policyholder, the insurance coverage pays for his funeral and different related ceremonies. Thus life insurance coverage is a big monetary help not only when a person is alive but in addition even after it. 
Nonetheless the extent to which a policy can be energetic or useful is dependent upon the kind of life insurance coverage policy taken by an individual. As an example, the time period life insurance coverage policy is all about defending an individual for a time period before he dies. But if the person dies throughout the coverage time period, the beneficiaries receive the benefits. Time period life insurance is ideal for many who need that particular needs such college tuition; mortgage funds and automobile funds ought to be cared for at their death. This insurance coverage can also be favorable for the families who cannot afford to pay giant monthly premiums. It’s also good for senior residents who know that they may kick the bucket soon. Many firms affiliate completely different terms and situations with the time period life insurance coverage coverage and so provide several sorts of it. The time period life insurance coverage an even be transformed to every other type of insurance coverage such as entire life insurance. 
The people who seek to insure their entire life and are able to pay large premiums all through should go for a Entire Life insurance policy. This policy is sweet for young but not meant for the old. The entire life insurance has a distinguished “money surrender worth” feature. The cash value (composed of cash worth and dividends) retains on incrementing annually in response to a selected schedule in your entire life insurance policy. Many complete life insurance policies reward the policyholders with dividends that can augment the entire money value. 
In addition to these kinds of life insurance coverage insurance policies are additionally health insurance policies. These insurance policies are devised for those struggling with continual diseases significantly cancer. Such policies are troublesome to amass (for very few businesses supply them) and are normally supplied at high premiums. The medical insurance might pay for some of the affected person’s therapies but it doesn’t pay for everything.  
Prior to buying a life insurance policy, an individual ought to make a prudent evaluation of his current state of affairs and needs. Accordingly he should look up Web, consult mates and kin to seek out either a dependable insurance coverage firm or an agent. Choosing from where (insurance firm and agent) and what sort of coverage to undertake is a difficult task that requires lot of consideration and discussion.

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HDFC Home Loan

Filed Under: Healthcare Plan News

Cheap Travel Health Insurance

Posted on August 8, 2010 Written by Annalyn Frame

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RAC Insurance

 We are all fond of bargains, and paying less for a given services or products and travel medical health insurance is just not an exception. However one factor never to neglect is that cheap can typically get more expensive and financial savings aren’t at all times reasonable – especially when health and life are concerned. 
So watch out when you choose an inexpensive journey medical health insurance plan. If the plan does not cover what happens if you end up touring, then you definately would possibly remorse your stinginess. You’d better find other methods to cut costs than by decreasing the number of risks covered. 
One strategy to get journey medical health insurance cheaper is by purchasing a multi-trip journey medical insurance plan. That is relevant in the circumstances once you journey frequently. One other various for frequent vacationers is purchasing annual plans or selecting a brand new plan that has the choice of renewing it at a discount. 
One other manner to save cash is to purchase journey medical insurance for a specific country only. There are companies that provide such plans, though a lot of the presents in the marketplace are for any country exterior the US. 
For those who journey with your loved ones, then a family plan is the best option in terms of money. The identical applies to group plans, in case you are traveling as a part of a group. 
A riskier different is to pick out a plan wherein not all medical bills are lined by the insurer however you’re a co-payer. Normally these plans are cheaper, however there’s much less safety for you. 
How a lot you’ll save from selecting a less expensive travel medical health insurance plan is as much as you. There are many on-line insurers that present a calculator to test which of their plans are applicable for you, however never forget that cheaper is just not all the time better. It is a cut price provided that you pay less cash for a similar risks!

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Filed Under: Healthcare Plan News

How An Insurance Company Makes Cash

Posted on August 8, 2010 Written by Annalyn Frame

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AON Insurance

 I worked in the insurance industry for sixteen years and noticed first hand how profitable an insurance coverage company can be.  I cannot attempt to enter the nitty gritty details but I gives you a fairly good thought in the form of an summary, how profitable a venture an insurance coverage firm can be.
Insurance is a form of risk management. It is bought to avoid the potential of a big , potential future loss. To compensate the insurance company for taking up this potential future payout, the insured pays the insurance company a sure sum of money referred to as the premium.  In return for the fee of the premium the insured receives a written document, referred to as the insurance coverage, that lays out what occasions are being insured and what the cost to the policyholder would be if that event really occurred.
The insurance company collects the premiums of a giant group of insureds to cowl the few losses they must pay out for.They use historic knowledge to figure the probability of losses and then charge premiums to cover them while constructing in a revenue for themselves.
For example,for example there have been 100 homes every price $100,000 in a particular area.  They’d have a total worth of $10,000,000.  Based on the history of that neighborhood, two houses are expected to burn down throughout anyone year.  Without insurance all one hundred homeowners must maintain $100,000 within the financial institution to cover the possibility of the house burning and needing to rebuild it.  With insurance, each homeowner would only must pay $2,000 into an insurance pool to pay for rebuilding the two houses which might be expected to burn down.
2 homes burn x $one hundred,000 = $200,000 for rebuilding the homes $200,000 divided by the a hundred homeowners = $2,000 premium
That $2,000 premium will then have to be elevated considerably so as to add a profit margin for the insurance coverage company.
In addition to the built in profit that the insurance firm adds in to each premium it takes in, the company would also be topic to the precise experience of the insured group.  If it takes in more cash in premiums than it paid out in claims then it receives what is known as an underwriting profit. And, however if it pays out greater than it has taken in then it has an underwriting loss.
A method of taking a look at how properly an insurance coverage company is doing is to have a look at their loss ratio.  The loss ratio is calculated by taking the losses they needed to pay out and add to that the bills they incurred to actual pay out theclaims and divide that sum by the premiums taken in. A ratio of lower than one hundred% reveals a revenue and a ratio larger than one hundred% indicates a loss.
In lots of instances if an insurance company’s ratio is larger than one hundred% they will nonetheless be profitable.  That is as a result of there’s often a time frame between taking in premiums and paying out claims.  Throughout that period of time the company can invest the money taken in they usually can earn a profit from that investment to offset any underwriting loss and will truly end up with a net profit.  For example, if the insurance coverage firm pays out 15% extra in claims and bills than premiums it took in, however made a 25% revenue from its investments, then it will have obtained a 10% profit.
So, as could be seen there is more than one solution to pores and skin the profitability cat for an insurance coverage firm to make money. Two key components in that regard are how properly they will predict their payouts and the way effectively they can invest the money they take in.

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Filed Under: Healthcare Plan News

Mortgage Refinancing Tips

Posted on August 8, 2010 Written by Annalyn Frame

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NIB Health Insurance

 As rates of interest proceed to creep upwards, many residence house owners are looking at refinancing options. Here are some mortgage refinancing tips. 
Mortgage Refinancing Suggestions
Rates have been increasing steadily for the final six months. These will increase are expected to proceed into 2006. Such will increase are putting pressure on homeowners who took out adjustable fee mortgages or have been borrowing money towards a home fairness line of credit. For folks on this position, refinancing into a hard and fast price mortgage is starting to look very engaging if for no other motive than to avoid future bumps in the rates. 
If you’re contemplating refinancing your mortgage, there are a couple of issues to maintain in mind. Not like the rushed process of trying to get funding for a purchase, you will have extra time to judge and evaluate mortgage options. Store around and find out what different lenders are providing that suit your potential needs. 
1. What’s your purpose? – Is your purpose to lower the month-to-month fee or to simply attempt to pay less curiosity? Whereas these questions could seem to be the same factor, a decrease interest rate could be translated into the identical month payment amount, however with more of the cost being applied to the principal of the loan. This, of course, helps you pay off the note faster. The bigger level is to simply work out your goal and find a loan that meets it. 
2. Store Lenders – Among the best methods to do that is search a pre-approval from quite a lot of lenders. You might be involved this will harm your FICO score, but refinance credit score requests usually don’t ding your FICO. If you’re undecided about this, simply don’t provide the lender with you social security number. They provides you with a less definite mortgage supply, but you’ll nonetheless have the advantage of reading the nice phrases to ensure it accomplishes your goals. 
3. In Writing – When you select a lender, you want to nail down three vital issues in writing. The primary is the curiosity rate. The second is the closing prices, if any. The third is any pre-cost penalty related to the loan. If the lender drags there feet on any of those, think about walking away from the loan. 
Refinancing a mortgage is a much less hectic course of when compared to getting a purchase order loan. You are within the catbirds seat, so don’t let lenders push you around.

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Filed Under: Healthcare Plan News

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