ALR Technologies SG Ltd (ALRTF)

[PENNIEStoSTACKS]

On January 1, 2015, Medicare began reimbursing doctors for remote chronic care management practices, such as those enabled by the Health-e-Connect system. ALRT is actively negotiating with healthcare providers to capitalize on this new reimbursement while improving the quality of patient care.

“The proper dosing of insulin is one of the most important challenges in the clinical practice of diabetes,” said Bill Smith, President of ALR Technologies.
“According to the Institute for Safe Medication Practices (ISMP), insulin accounts for more than 10% of all drug dosing mistakes. Health-e-Connect with IDAC is an easy way for a prescribing clinician to optimize a patient’s insulin dose without an office visit while avoiding common errors.”

“We expect the IDAC feature will encourage the widespread adoption of intensive blood glucose management,” said Sidney Chan, Chief Executive Officer and Chairman of ALRT. “Research shows that intensive management can avoid significant micro-vascular complications and comorbidities resulting from poor blood glucose control. Besides these serious health consequences for patients, the poor outcomes produced by improper insulin dosing lead to significant, unnecessary healthcare costs.”


ALRT is actively negotiating with healthcare providers

http://www.alrt.com/news/2015/02/15/alr-technologies-seeks-fda-approval-for-insulin-dose-adjustment-feature-for-better-diabetes-management

That was 2015

Doe's that mean there are multiple healthcare providers lined up and that ALRT was waiting on FDA approval before the healthcare providers commit to working with ALRT ?