VIENNA, Va., Jul 20, 2004 (BUSINESS WIRE) -- H-Quotient, Inc., (HQNT) announced the launching of Free LabQuotient at: http://www.labquotient.com
LabQuotient allows medical, insurance, and legal professionals to instantaneously match diagnoses with appropriate laboratory tests. This is a valuable tool for the industry, and unlike reference books, the site is continuously updated to provide the latest tests available.
Several years in development, LabQuotient was created to provide an important tool to the medical and medical-related communities. It places doctors, insurers and lawyers on the same page, a fact that can help to lower malpractice insurance and reduce insurance payment denials. More importantly, LabQuotient helps physicians choose the appropriate tests to confirm specific diagnoses, and correlate ICD-9 codes and normal values.
The site, which is supported by advertising revenue, provides a receptive audience for medical-based advertisers.
President and CEO Douglas Cohn said, "LabQuotient is a unique and valuable tool that enhances the quality and efficiency of healthcare worldwide, which is why we are providing it free of charge. Science is advanced through the free sharing of knowledge. Further, this corresponds to successful Internet business models, and we are confident that advertising revenue will meet or exceed our income expectations for LabQuotient."
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