via convo with IR: Wealthy CEO was inspired to create a national or global medical record system that all healthcare providers could access after his wife had an emergency health crisis and vital medical records were not readily available.
June 13, 2007 - 8:31 AM EDT
IPS to Integrate MedeFile Electronic Medical Records Management Solution Into Managed Services Platform ORLANDO, Fla. and CEDAR KNOLLS, N.J., June 13 /PRNewswire-FirstCall/ -- Integrated Pain Solutions, LLC (IPS), a wholly owned subsidiary of PainCare Holdings, Inc. (Amex: PRZ), and MedeFile International, Inc. (OTC Bulletin Board: MDFI), a leader in portable electronic medical records management, today announced that the Companies have agreed to collaborate on the integration of MedeFile's electronic medical record management solutions into IPS' managed services offerings, providing for a value-added enhancement for medical insurers, workers compensation carriers and self-insured trade unions and employer groups, to mention a few.
Maria R. McAfee, President of IPS, noted, 'MedeFile offers a very robust and user-friendly solution for consolidating and managing personal health and medical records in a convenient web-enabled environment. By integrating this offering into our managed services platform, we believe we will succeed in further differentiating the total IPS solution and provide the tangible means for payors to extend enhanced benefits, control and value to their respective members.'
'MedeFile was founded on the belief that empowering patients with the ability to maintain control over all of their medical and health information across all providers and across time will have a cascading, positive effect on improving the overall healthcare system and the universal quality of care, while generating savings for payors due to the reduction or elimination of duplicate procedures and tests and avoidance of costly medical errors. In this regard, we are very pleased that IPS has selected the MedeFile solution to be offered as part of its comprehensive managed service platform being marketed to large payors,' stated Milton Hauser, Chairman and CEO of MedeFile International, Inc.
Established to serve major medical insurers, workers compensation carriers and large self-insured trade unions and employer groups, IPS is the nation's first and foremost pain-focused managed services organization that is dedicated to achieving value-based, cost-saving and patient-centric care through a multi-disciplinary network of highly privileged providers and specialists; its proprietary, evidenced-based clinical pathways for the treatment of acute and chronic musculoskeletal pain; a novel IT platform used to capture, track, analyze and report outcome data; and a fully-integrated support and service platform to provide telephonic and electronic utilization management, case management and care coaching services.
About Integrated Pain Solutions (IPS)
Integrated Pain Solutions (IPS), a wholly-owned subsidiary of PainCare Holdings, Inc., is the first and only managed services organization offering a multidisciplinary healthcare network focused on pain management to payor organizations, such as insurance and workers' compensation carriers and unions. IPS reduces costs and increases quality of life by providing highly credentialed physicians and centers of excellence on pay-for-performance incentives, a continuum of care that begins with care coaching, a shared financial and clinical data warehouse, and evidence-based clinical outcome measurements to determine the most effective pain-management plan. For more information, please visit www.integratedpainsolutions.net.
About PainCare Holdings, Inc.
Headquartered in Orlando, Florida, PainCare Holdings, Inc. is one of the nation's leading providers of pain-focused medical and surgical solutions and services. Through its proprietary network of acquired or managed physician practices and ambulatory surgery centers, and in partnership with independent physician practices and medical institutions throughout the United States and Canada, PainCare is committed to utilizing the most advanced science and technologies to diagnose and treat pain stemming from neurological and musculoskeletal conditions and disorders.
Through its wholly owned subsidiary, Caperian, Inc., PainCare offers medical real estate and development services. Through Integrated Pain Solutions, the Company is engaged in pioneering the nation's first Managed Services Organization that offers a multi-disciplinary healthcare network focused on the treatment of pain. For more information on PainCare Holdings, please visit www.paincareholdings.com.
About MedeFile International, Inc.
MedeFile has developed a proprietary system for gathering and digitizing medical records so that individuals can have a comprehensive record of all of their medical visits. MedeFile's primary product is the MedeFile system, a highly secure system for gathering and maintaining medical records. The MedeFile system is designed to gather all of its members' actual medical records and create a single, comprehensive medical record that is accessible 24 hours a day, seven days a week.
Representing an advanced, yet easy-to-use, approach to portable, electronic medical records management, MedeFile combines state-of-the-art technology and the Internet to make medical data instantly accessible to each MedeFile subscriber and his or her authorized healthcare providers from anywhere in the world. In addition to accessing one's medical records through MedeFile's secure Internet portal found at www.MedeFile.com, members can carry their entire medical history and emergency information wherever they go on a unique device called a MedeDrive - a proprietary USB drive designed to be carried on a keychain. The MedeDrive plugs into any USB port of a Windows- based PC; and because MedeDrive automatically loads its own viewer, users do not require any special programs or software to view data. MedeMobile provides on-the-go subscribers with the ability to enjoy even greater flexibility and access to their personal health information wherever and whenever they need it.
Posted by: marketraider In reply to: None Date:6/13/2007 12:22:39 PM Post #of 1735
I just spoke to the TA again and he todays states that the company is waiting on a ruling from NASADQ concerning the round up of post split fractional shares and that he is not issuing any shares to the brokers until he gets a ruling from NASDAQ on this. Yes he said "NASDAQ" and I don't quite understand that but that's what he said. He said that there had been some abuse of the round up caused by a posting on a message board, unbelievable! He used the example of someone buying 1 pre-split share in 100 accounts and said it was never intended that they should receive 500 post split shares but he would wait on the "NASDAQ" ruling which he expected today or tomorrow. This story just grows and grows.
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