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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

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

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

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

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