Tuesday, August 23, 2016 2:09:09 PM
"iMedican is a healthcare project development and management company holding a proprietary technology that provides for the instant verification of a patient’s medical insurance. “iMedcan’s proprietary technology will generate a twenty-five (25%) reduction in patient insurance rejections or denials from insurance payors,” Bostico said."
So iMed holds proprietary software. Here's more:
"In March, 2016, iMedScan entered into an agreement with Acuant Corporation of Los Angeles, California to employ its proprietary, hosted scanning solution on patient’s driver’s licenses and insurance cards."
iMed entered into an agreement for ACUANT to utilize iMed's proprietary software.
To continue:
"Most recently, in June, 2016, iMedScan finalized a test program with Change America, formerly Emdeon Corpoation, utilizing an electronic data interchange for verifying and validating patients’ health insurance. “We estimate a fifty (50%) percent net profit recapture from each medical office that adopts our technology,” Bostico noted. Currently, in addition to traditional medical offices, iMedScan is focusing on the further development and commercialization of kiosk devices hosting the company’s scanning solution."
iMed and Change America (formerly Emdeon who was bought by Black Stone) both finalized a test program, estimating a 50% net profit recapture from each medical office that adopts our (iMed's) technology.
iMed is also focusing on further development and commercialization of kiosk devices hosting the company’s scanning solution.
From conducting some Due Diligence on TRON, it looks as if ACUANT and Change America will be hosting iMed's proprietary software.
Fabrizio Bosticco, is the CEO of both iMed and TRON.
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