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Verizon to Highlight the Intersection of IT and Health Care at HIMSS 2011
www.ttkn.com/health/...and-health-care-at-himss-2011-8651.html
www.ttkn.com/health/...and-health-care-at-himss-2011-8651.html
MMRGlobal to Form Wholly-Owned Subsidiary to Maximize Value of Biotech Assets
MMRGlobal, Inc. (OTCBB: MMRF) today announced that it has begun the process of forming a wholly-owned subsidiary called MMR Life Sciences Group, Inc. The subsidiary company will remain part of parent MMRGlobal and is being formed exclusively to maximize the value of MMRGlobal's biotech assets, which were acquired via its merger with Favrille, Inc. in January 2009.
At a recent meeting of MMRGlobal's Board of Directors, it was decided that its biotech assets, developed at a cost of more than $100 million and which include data from its FavId®/Specifid™ vaccine pre-merger clinical trials, other intellectual property to treat B-cell malignancies, patient tumor samples, anti-CD20 monoclonal antibodies and numerous worldwide biotech patents in various stages, will be transferred to the new subsidiary.
According to Robert H. Lorsch, Chairman and Chief Executive Officer of MMRGlobal, "Based on recent successes in licensing and interest in forming strategic alliances to utilize these biotech assets in various forms of research and development, we believe that the value of our intellectual property is not accurately reflected in MMRGlobal's current corporate structure and current valuation."
"Additionally, potential partners interested in our MyMedicalRecords Personal Health Record and document management business, who might be interested in investment or other strategic relationships with MMR, find it complicated to deal with the biotech component of our business with their management and boards. Separating the two distinct business opportunities allows us to maximize the potential of both," Lorsch added.
MMRGlobal will continue to identify opportunities with universities, biotech and pharmaceutical companies and institutional biotech investors that can expand the value of MMRGlobal's pre-merger Favrille assets on a worldwide basis. As previously stated, MMRGlobal will also focus on cross-selling MMRGlobal's Personal Health Record products for customized use in the design of clinical trials.
About MMRGlobal
MMRGlobal, 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. MMRGlobal'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 MMRGlobal, Inc. and its products, visit www.mmrglobal.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, " "could," "help" and "continue," or the negative of such terms and other comparable terminology. 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 but not limited to changes in MMRGlobal, Inc.'s business prospects, its results of operations or financial condition, the formation and outcomes of the MMR Life Sciences Group, Inc. as a wholly-owned subsidiary, government regulation and changes in healthcare initiatives, developing, defending and maximizing the value of its intellectual property rights including those pertaining to its biotech assets, 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. 7015
bvolman@mmrmail.com
Michael Selsman
Public Communications Co.
(310) 553-5732
ms@publiccommunications.biz
MMRGlobal, Inc. (OTCBB: MMRF) today announced that it has begun the process of forming a wholly-owned subsidiary called MMR Life Sciences Group, Inc. The subsidiary company will remain part of parent MMRGlobal and is being formed exclusively to maximize the value of MMRGlobal's biotech assets, which were acquired via its merger with Favrille, Inc. in January 2009.
At a recent meeting of MMRGlobal's Board of Directors, it was decided that its biotech assets, developed at a cost of more than $100 million and which include data from its FavId®/Specifid™ vaccine pre-merger clinical trials, other intellectual property to treat B-cell malignancies, patient tumor samples, anti-CD20 monoclonal antibodies and numerous worldwide biotech patents in various stages, will be transferred to the new subsidiary.
According to Robert H. Lorsch, Chairman and Chief Executive Officer of MMRGlobal, "Based on recent successes in licensing and interest in forming strategic alliances to utilize these biotech assets in various forms of research and development, we believe that the value of our intellectual property is not accurately reflected in MMRGlobal's current corporate structure and current valuation."
"Additionally, potential partners interested in our MyMedicalRecords Personal Health Record and document management business, who might be interested in investment or other strategic relationships with MMR, find it complicated to deal with the biotech component of our business with their management and boards. Separating the two distinct business opportunities allows us to maximize the potential of both," Lorsch added.
MMRGlobal will continue to identify opportunities with universities, biotech and pharmaceutical companies and institutional biotech investors that can expand the value of MMRGlobal's pre-merger Favrille assets on a worldwide basis. As previously stated, MMRGlobal will also focus on cross-selling MMRGlobal's Personal Health Record products for customized use in the design of clinical trials.
About MMRGlobal
MMRGlobal, 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. MMRGlobal'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 MMRGlobal, Inc. and its products, visit www.mmrglobal.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, " "could," "help" and "continue," or the negative of such terms and other comparable terminology. 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 but not limited to changes in MMRGlobal, Inc.'s business prospects, its results of operations or financial condition, the formation and outcomes of the MMR Life Sciences Group, Inc. as a wholly-owned subsidiary, government regulation and changes in healthcare initiatives, developing, defending and maximizing the value of its intellectual property rights including those pertaining to its biotech assets, 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. 7015
bvolman@mmrmail.com
Michael Selsman
Public Communications Co.
(310) 553-5732
ms@publiccommunications.biz
ih.advfn.com/p.php?pid=nmona&article=46827419
blog.mmrglobal.com/2011/03/11/...ers-but-what-it-means-to-you/
xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7477495
Some good news from a key partner !
Eastman Kodak Completes $250 Million Private Placement - Shares Up 2% in After Hours
03/15 04:16 PM
04:16 PM Eastern Daylight Time, 03/15/2011 (MidnightTrader) --
Eastman Kodak (EK:$2.9900,$-0.0800,-2.61%) announced the successful completion of its previously announced private placement of $250 million aggregate principal amount of Senior Secured Notes due 2019.
The notes are secured obligations of Kodak (EK:$2.9900,$-0.0800,-2.61%) and will bear interest at a rate of 10.625% per year.
The notes are secured obligations of Kodak (EK:$2.9900,$-0.0800,-2.61%) and will bear interest at a rate of 10.625% per year.
Price: 3.05, Change: +0.06, Percent Change: +2.0
www.midnighttrader.com
Eastman Kodak Completes $250 Million Private Placement - Shares Up 2% in After Hours
03/15 04:16 PM
04:16 PM Eastern Daylight Time, 03/15/2011 (MidnightTrader) --
Eastman Kodak (EK:$2.9900,$-0.0800,-2.61%) announced the successful completion of its previously announced private placement of $250 million aggregate principal amount of Senior Secured Notes due 2019.
The notes are secured obligations of Kodak (EK:$2.9900,$-0.0800,-2.61%) and will bear interest at a rate of 10.625% per year.
The notes are secured obligations of Kodak (EK:$2.9900,$-0.0800,-2.61%) and will bear interest at a rate of 10.625% per year.
Price: 3.05, Change: +0.06, Percent Change: +2.0
www.midnighttrader.com
Earthquake Preparedness Expert and MMRGlobal CEO Bob Lorsch Points to Urgent Need for Worldwide Personal Health Records
MMRGlobal, Inc. (OTCBB: MMRF) today announced that it will donate its first month's revenue from new retail subscribers to its MyMedicalRecords Personal Health Record and MyEsafeDepositBox virtual vault for the benefit of Japanese relief organizations. The program, which will run through April 30, 2011, is designed to incentivize everyone to protect their health and the health of their entire family by signing up for and maintaining a Personal Health Record (PHR).
MMR continues to benefit from quarter over quarter increases in sales because of the growing consumer awareness of the importance of having a Personal Health Record. This is also as a result of the Obama administration's push for Americans to be more accountable for the costs of their healthcare.
Robert H. "Bob" Lorsch, Chairman and CEO of MMRGlobal, previously co-chaired the California State and the Los Angeles City and County Earthquake Preparedness Committees for which he was awarded the prestigious "C" Flag Private Sector Initiative by President Ronald Reagan. The Award came in consideration of his work in support of the education of school-age children on earthquake preparedness. Lorsch continued his work with disaster preparedness in Los Angeles and then Japan over more than 10 years. He also co-chaired the first Los Angeles worldwide Earthquake Preparedness Conference. His efforts have also earned him awards from the City and County of Los Angeles, the State of California and FEMA.
In 2006, MMRGlobal received a special award from President George W. Bush and the Small Business Administration for its comprehensive MyMedicalRecords electronic Personal Health Record and disaster preparedness management and communications system.
According to Lorsch, "I have spent 20 years educating youth domestically and in Japan on the importance of earthquake preparedness. At one time working with Joe Barbera of Hanna-Barbera and Dan Slusser of Universal Studios, we appointed 'Yogi Bear' the first Earthquake Preparedness Bear. It is painful to watch the suffering in Japan but encouraging to know that some of the people on the ground today may have been influenced by our earlier efforts to educate families on how to survive an earthquake."
"Life works in many strange ways," continued Lorsch. "I believe it is more than a coincidence that I am now CEO of a company that itself was acknowledged by former President Bush for its contributions to disaster preparedness. That is one of the reasons we made this decision to give back."
Establishing a Personal Health Record represents the first step a family can take to be prepared. In this way, MMRGlobal's products and services can fill a significant need in helping individuals survive a disaster by having their medical records and other important documents readily available when and where needed. Each MyMedicalRecords account covers a family of up to 10 members (including pets) and features a proprietary Emergency Login. This special emergency portal enables personal health information and medical records, pre-selected by the user, to be accessed by doctors and authorized emergency personnel while protecting the privacy and security of all other information in an account.
In addition to medical records, the MyMedicalRecords PHR includes an eSafeDepositBox feature, serving as a virtual "lock box" where individuals can also securely store their most important documents, including insurance policies, copies of passports, birth certificates, deeds of trust, and photos of personal property, which are crucial to recovery in the aftermath of a disaster.
About MMRGlobal
MMRGlobal, 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. MMRGlobal'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 MMRGlobal, Inc. and its products, visit www.mmrglobal.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, " "could," "help" and "continue," or the negative of such terms and other comparable terminology. 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 but not limited to changes in MMRGlobal, Inc.'s business prospects, its results of operations or financial condition including variations in quarterly operating results, acceptance of its marketing and promotional campaigns, competitive product offerings and promotions, risks related to third party organizations and the relief effort in Japan, government regulation and changes in healthcare initiatives, uncertainties associated with doing business internationally across borders and territories, 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:
Michael Selsman
Public Communications Co.
(310) 553-5732
ms@publiccommunications.biz
ih.advfn.com/...pid=nmona&article=46897139&symbol=MMRF
MMRGlobal, Inc. (OTCBB: MMRF) today announced that it will donate its first month's revenue from new retail subscribers to its MyMedicalRecords Personal Health Record and MyEsafeDepositBox virtual vault for the benefit of Japanese relief organizations. The program, which will run through April 30, 2011, is designed to incentivize everyone to protect their health and the health of their entire family by signing up for and maintaining a Personal Health Record (PHR).
MMR continues to benefit from quarter over quarter increases in sales because of the growing consumer awareness of the importance of having a Personal Health Record. This is also as a result of the Obama administration's push for Americans to be more accountable for the costs of their healthcare.
Robert H. "Bob" Lorsch, Chairman and CEO of MMRGlobal, previously co-chaired the California State and the Los Angeles City and County Earthquake Preparedness Committees for which he was awarded the prestigious "C" Flag Private Sector Initiative by President Ronald Reagan. The Award came in consideration of his work in support of the education of school-age children on earthquake preparedness. Lorsch continued his work with disaster preparedness in Los Angeles and then Japan over more than 10 years. He also co-chaired the first Los Angeles worldwide Earthquake Preparedness Conference. His efforts have also earned him awards from the City and County of Los Angeles, the State of California and FEMA.
In 2006, MMRGlobal received a special award from President George W. Bush and the Small Business Administration for its comprehensive MyMedicalRecords electronic Personal Health Record and disaster preparedness management and communications system.
According to Lorsch, "I have spent 20 years educating youth domestically and in Japan on the importance of earthquake preparedness. At one time working with Joe Barbera of Hanna-Barbera and Dan Slusser of Universal Studios, we appointed 'Yogi Bear' the first Earthquake Preparedness Bear. It is painful to watch the suffering in Japan but encouraging to know that some of the people on the ground today may have been influenced by our earlier efforts to educate families on how to survive an earthquake."
"Life works in many strange ways," continued Lorsch. "I believe it is more than a coincidence that I am now CEO of a company that itself was acknowledged by former President Bush for its contributions to disaster preparedness. That is one of the reasons we made this decision to give back."
Establishing a Personal Health Record represents the first step a family can take to be prepared. In this way, MMRGlobal's products and services can fill a significant need in helping individuals survive a disaster by having their medical records and other important documents readily available when and where needed. Each MyMedicalRecords account covers a family of up to 10 members (including pets) and features a proprietary Emergency Login. This special emergency portal enables personal health information and medical records, pre-selected by the user, to be accessed by doctors and authorized emergency personnel while protecting the privacy and security of all other information in an account.
In addition to medical records, the MyMedicalRecords PHR includes an eSafeDepositBox feature, serving as a virtual "lock box" where individuals can also securely store their most important documents, including insurance policies, copies of passports, birth certificates, deeds of trust, and photos of personal property, which are crucial to recovery in the aftermath of a disaster.
About MMRGlobal
MMRGlobal, 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. MMRGlobal'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 MMRGlobal, Inc. and its products, visit www.mmrglobal.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, " "could," "help" and "continue," or the negative of such terms and other comparable terminology. 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 but not limited to changes in MMRGlobal, Inc.'s business prospects, its results of operations or financial condition including variations in quarterly operating results, acceptance of its marketing and promotional campaigns, competitive product offerings and promotions, risks related to third party organizations and the relief effort in Japan, government regulation and changes in healthcare initiatives, uncertainties associated with doing business internationally across borders and territories, 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:
Michael Selsman
Public Communications Co.
(310) 553-5732
ms@publiccommunications.biz
ih.advfn.com/...pid=nmona&article=46897139&symbol=MMRF
Sutter Health, Health Affairs, Axolotl, & More Discuss Accountable Care Organizations in San Francisco
SFGate March 17, 2011 04:00 AM
New York, NY (Vocus/PRWEB) March 17, 2011
The Institute for Health Technology Transformation announced today the speakers for their panel session entitled "Accountable Care Organizations: New Models for leveraging technology to improve care" at the Institute's Health IT Summit in San Francisco taking place March 22-23, 2011 at the Hyatt Regency San Francisco Airport.
The panel will be moderated by Mary Rubino, Senior Editor, Health Affairs, and speaking will be Scott Young, MD, Senior Director & Co-Executive Director, Care Management Institute, Kaiser Permanente; Chris Jaeger, MD, MBA, VP, Medical Informatics, Sutter Health; Michael Dinneen, MD, Director, Office of Strategy Management, Military Health Services; Katherine Schneider, MD, Vice President, Health Engagement, Atlanticare; David Nace, MD, VP & Medical Director, McKesson; and Glenn Keet, President, Axolotl.
"Technology is a key enabler in making ACOs truly successful," said Glenn Keet, President of Axolotl. "Health Information Exchange powers coordinated care, interoperability between electronic health records, and point of care analytics based on the entire patient record and informed by the entire regional population. These are some of the key capabilities that this expert panel will be discussing."
The panelists will discuss the potential impact of Accountable Care Organizations, health IT's critical role, best practices for implementation, and challenges to adoption in the nation's healthcare system.
The iHT2 Health IT Summit in San Francisco is the premier executive summit focused on the strategies and tools that are re-defining customer care, collaboration and efficiency in the health care provider markets.
Sponsors and Partners for the 2011 Health IT Summt in San Francisco include: Absolute Software, Ascendian Software, Apixio Inc., Axolotl, Catalyst Solutions, Datalink, EDIMS, ICA, Intel Health, INX, MEDSEEK, MMR Global, Polywell, Proofpoint, RelayHealth, Vidyo, AMDIS, CAHL, California Association of Public Hospitals and Health Systems, CMIO, eHealth SmartBrief, FierceHealthIT, Frost & Sullivan, MobiHealthNews, IDC Health Insights, and SearchHealthIT.com.
About the Institute for Health Technology Transformation:
The Institute for Health Technology Transformation is the leading organization committed to bringing together private and public sector leaders fostering the growth and meaningful use of technology across the healthcare industry. Through collaborative efforts the Institute provides programs that drive innovation, educate, and provide a critical understanding of how technology applications, solutions and devices can improve the quality, safety and efficiency of healthcare.
www.ihealthtran.com
www.sfgate.com/cgi-bin/article.cgi?f=/g/a/.../prweb8213739.DTL
SFGate March 17, 2011 04:00 AM
New York, NY (Vocus/PRWEB) March 17, 2011
The Institute for Health Technology Transformation announced today the speakers for their panel session entitled "Accountable Care Organizations: New Models for leveraging technology to improve care" at the Institute's Health IT Summit in San Francisco taking place March 22-23, 2011 at the Hyatt Regency San Francisco Airport.
The panel will be moderated by Mary Rubino, Senior Editor, Health Affairs, and speaking will be Scott Young, MD, Senior Director & Co-Executive Director, Care Management Institute, Kaiser Permanente; Chris Jaeger, MD, MBA, VP, Medical Informatics, Sutter Health; Michael Dinneen, MD, Director, Office of Strategy Management, Military Health Services; Katherine Schneider, MD, Vice President, Health Engagement, Atlanticare; David Nace, MD, VP & Medical Director, McKesson; and Glenn Keet, President, Axolotl.
"Technology is a key enabler in making ACOs truly successful," said Glenn Keet, President of Axolotl. "Health Information Exchange powers coordinated care, interoperability between electronic health records, and point of care analytics based on the entire patient record and informed by the entire regional population. These are some of the key capabilities that this expert panel will be discussing."
The panelists will discuss the potential impact of Accountable Care Organizations, health IT's critical role, best practices for implementation, and challenges to adoption in the nation's healthcare system.
The iHT2 Health IT Summit in San Francisco is the premier executive summit focused on the strategies and tools that are re-defining customer care, collaboration and efficiency in the health care provider markets.
Sponsors and Partners for the 2011 Health IT Summt in San Francisco include: Absolute Software, Ascendian Software, Apixio Inc., Axolotl, Catalyst Solutions, Datalink, EDIMS, ICA, Intel Health, INX, MEDSEEK, MMR Global, Polywell, Proofpoint, RelayHealth, Vidyo, AMDIS, CAHL, California Association of Public Hospitals and Health Systems, CMIO, eHealth SmartBrief, FierceHealthIT, Frost & Sullivan, MobiHealthNews, IDC Health Insights, and SearchHealthIT.com.
About the Institute for Health Technology Transformation:
The Institute for Health Technology Transformation is the leading organization committed to bringing together private and public sector leaders fostering the growth and meaningful use of technology across the healthcare industry. Through collaborative efforts the Institute provides programs that drive innovation, educate, and provide a critical understanding of how technology applications, solutions and devices can improve the quality, safety and efficiency of healthcare.
www.ihealthtran.com
www.sfgate.com/cgi-bin/article.cgi?f=/g/a/.../prweb8213739.DTL
blog.mmrglobal.com/2011/03/18/...se-you-have-drawn-them-there/
Aktuell bieten sich sehr gute Kaufkurse bei MMRF.
Um die $0.06 sollte man nicht länger fackeln und seinen Einstandskurs vergünstigen.
Zahlen werden Ende des Monats bis Mitte nächsten Monats erwartet.
Der CEO von MMRF stockt seine Positionen aktuell seit mehren Tagen in 20k Tranchen weiter auf.
Chancen/Riskio Verhältnis ist auf dem aktuellen Kursniveau meiner Meinung nach hervorragend.
Um die $0.06 sollte man nicht länger fackeln und seinen Einstandskurs vergünstigen.
Zahlen werden Ende des Monats bis Mitte nächsten Monats erwartet.
Der CEO von MMRF stockt seine Positionen aktuell seit mehren Tagen in 20k Tranchen weiter auf.
Chancen/Riskio Verhältnis ist auf dem aktuellen Kursniveau meiner Meinung nach hervorragend.
Do Incentives for Electronic Medical Records Outweigh the Costs?
Health | Mar 18, 2011 10:30 AM CDT
Electronic Medical Records (EMR) are receiving a lot of attention as well as investment. The federal government has earmarked some $20 billion to get help medical records go digital. The assumption is that EMR will improve quality and lower costs over the long term. But in the short term it requires capital investment and a potentially steep learning curve. A couple of papers in the latest issue of Health Affairs and the Journal of the American Medical Informatics Association (JAMIA) help to quantify the investments of time and money that your average doctors practice might need to go digital. Currently only 13-17% all physicians report using some form of EMR, only 4% use the type of advanced system that fully meets the governments new standards for "meaningful use." That standard qualifies practitioners for the full suite of financial incentives, described below.
Researchers looked at 26 primary care clinics in the HealthTexas Provider Network, all of whom where integrating General Electric's Centricity Electronic Medical Record. In a nutshell they found that it costs an average of:
--$32,409 per physician to implement EMR over the first 60 days, $46,659 over the first year.
--$162,047 for a 5-doctor practice over the first 60 days, $233,297 for the first year
--134 hours of staff time, including doctors and nurses, to prepare to use the systems.
A recent paper in JAMIA seems to dispel the myth that EMR will suck up clinicians' time with data entry. This paper, looking at a large academic tertiary facility, looked at backend tracking logs and found that attending and resident docs spent about 90 minutes a day in the EMR authoring or reviewing notes. Past studies have cited much higher figures, often because they relied on self reports and lets face it, each minute spent on "paper work" of any kind can feel like hours.
In addition to the need to purchase software and hardware (extra computers, printers, wiring, etc..), the cost of licenses was a significant contributor to costs.
An obvious question about the costs of EMR is whether incentives or other benefits make it "worth it" from a financial angle. Or put crudely, if you are a doctor, can you afford it?
An estimated 90% of primary care doctors qualify for financial incentives to implement EMR from the Health Information Technology for Economic and Clinical Health (HITECH) portion of the American Recovery and Reinvestment Act of 2009 (other specialties are also eligible as well). Practices that see Medicaid patients are eligible for up to $18,000 in the first year, and $44,000 over five years. If 30% of their patients are on Medicaid, the amount rises to $21,250 the first year, and $63,750 over five years. In order to qualify for the highest dollar amounts, physician's need to adopt more advanced systems that meet "meaningful use" guidelines.
Do those numbers add up? If you are a five-doc facility looking to spend $233,000 to implement EMR, and you receive a $21,000 financial incentives from CMS, how do you make up the additional $212,000? Obviously this is oversimplified and doesn't account for depreciation and other accounting methods for spreading costs over time, and possible tax benefits for investments in technology. But what do we tell financially strapped primary care offices who are essentially asking us to make the business case for EMR? Where does the financial benefit show up?
How would you make the case?
Then there're the non-financial benefits that are often touted by advocates of EMR. An upcoming post will look at a new review of the literature supporting the use of EMR to improve quality and safety.
www.justmeans.com/...Medical-Records-Outweigh-Costs/47220.html
Health | Mar 18, 2011 10:30 AM CDT
Electronic Medical Records (EMR) are receiving a lot of attention as well as investment. The federal government has earmarked some $20 billion to get help medical records go digital. The assumption is that EMR will improve quality and lower costs over the long term. But in the short term it requires capital investment and a potentially steep learning curve. A couple of papers in the latest issue of Health Affairs and the Journal of the American Medical Informatics Association (JAMIA) help to quantify the investments of time and money that your average doctors practice might need to go digital. Currently only 13-17% all physicians report using some form of EMR, only 4% use the type of advanced system that fully meets the governments new standards for "meaningful use." That standard qualifies practitioners for the full suite of financial incentives, described below.
Researchers looked at 26 primary care clinics in the HealthTexas Provider Network, all of whom where integrating General Electric's Centricity Electronic Medical Record. In a nutshell they found that it costs an average of:
--$32,409 per physician to implement EMR over the first 60 days, $46,659 over the first year.
--$162,047 for a 5-doctor practice over the first 60 days, $233,297 for the first year
--134 hours of staff time, including doctors and nurses, to prepare to use the systems.
A recent paper in JAMIA seems to dispel the myth that EMR will suck up clinicians' time with data entry. This paper, looking at a large academic tertiary facility, looked at backend tracking logs and found that attending and resident docs spent about 90 minutes a day in the EMR authoring or reviewing notes. Past studies have cited much higher figures, often because they relied on self reports and lets face it, each minute spent on "paper work" of any kind can feel like hours.
In addition to the need to purchase software and hardware (extra computers, printers, wiring, etc..), the cost of licenses was a significant contributor to costs.
An obvious question about the costs of EMR is whether incentives or other benefits make it "worth it" from a financial angle. Or put crudely, if you are a doctor, can you afford it?
An estimated 90% of primary care doctors qualify for financial incentives to implement EMR from the Health Information Technology for Economic and Clinical Health (HITECH) portion of the American Recovery and Reinvestment Act of 2009 (other specialties are also eligible as well). Practices that see Medicaid patients are eligible for up to $18,000 in the first year, and $44,000 over five years. If 30% of their patients are on Medicaid, the amount rises to $21,250 the first year, and $63,750 over five years. In order to qualify for the highest dollar amounts, physician's need to adopt more advanced systems that meet "meaningful use" guidelines.
Do those numbers add up? If you are a five-doc facility looking to spend $233,000 to implement EMR, and you receive a $21,000 financial incentives from CMS, how do you make up the additional $212,000? Obviously this is oversimplified and doesn't account for depreciation and other accounting methods for spreading costs over time, and possible tax benefits for investments in technology. But what do we tell financially strapped primary care offices who are essentially asking us to make the business case for EMR? Where does the financial benefit show up?
How would you make the case?
Then there're the non-financial benefits that are often touted by advocates of EMR. An upcoming post will look at a new review of the literature supporting the use of EMR to improve quality and safety.
www.justmeans.com/...Medical-Records-Outweigh-Costs/47220.html
Re: None Post # of 28526
Form 4 MMRGlobal, Inc. For: Mar 22 Filed by: LORSCH ROBERT H 03/22 09:56 AM
xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7494613
Filed on: March 22, 2011
Form 4 MMRGlobal, Inc. For: Mar 22 Filed by: LORSCH ROBERT H 03/22 09:56 AM
xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7494613
Filed on: March 22, 2011
Case Study: Web-based Personal Health Record (PHR) Solution for
My Medical Records (MMR)
www.nihilent.com/casestudies/Case%20Study%20-%20MMR.PDF
My Medical Records (MMR)
www.nihilent.com/casestudies/Case%20Study%20-%20MMR.PDF
Never Be Afraid To Experience Your Feelings
Posted by Robert Lorsch | Filed under Posts by Robert Lorsch
Back in Los Angeles after a red-eye flight last night, the last 5-day whirlwind trip had much to remember. However, it was marked with one of the most important and emotional highlights of my life. It came at the Points of Light Institute Tribute to President and Mrs. George H. W. Bush. It was called “All Together Now-A Celebration of Service”. If you watch American Idol and cry at the back-stories, then this was American Idol on steroids.
The emotional highpoint came when everyone was seated and the announcer said, Ladies and Gentleman…..United States President Jimmy Carter and his wife Rosalyn; Ladies and Gentleman…..United States President William Jefferson Clinton; Ladies and Gentleman…..United States President George W. Bush and his wife Laura; and, finally, Ladies and Gentleman…..tonight’s honorees United States President George Herbert Walker Bush and his wife Barbara. At that point, the person sitting next to me reached over to shake my hand; at first, I did not recognize Governor Tom Ridge, the first Secretary of The Department of Homeland Security. Then I connected the fact that the universe had placed me next to the one man in this country who could do more for MMRGlobal at this time than just about anyone but President Obama who beamed the opening remarks in from his South American travels.
The message of the evening was all about all of us being a star in the galaxy of 1000 Points of Light and how anything we do for anyone can make a profound difference. I have spent much of my life in service to others and was particularly moved by the stories of the evening. I hope you will watch or record the evening on March 28th on NBC Prime Time. I promise you a family night you will cherish and an experience that you will never forget. For me, it is especially gratifying to be in a business where the deployment of a www.mymedicalrecords.com account or a www.myesafedepositbox.com account can do so much for someone in need, even perhaps save a life.
I get the pleasure of running a company that by its very existence gives back with these remarkable service offerings that can make a difference in an emergency or disaster. In addition to sitting with The Honorable Governor Ridge, Kira and I were joined by friends from the NRA and the Vice President of Marketing for Kaiser Mid-Atlantic. It always amazes me how when you put things into the universe, great things come back. Kaiser, The NRA and, of course, Governor Ridge are already on my call list this week (and they are expecting my calls).
On the MMR front, I spent Friday in Basking Ridge, at Verizon, where we are making great progress in what I believe will be a long-term very exciting relationship. Also, we will soon be announcing an integration of our products and services on the HealthVault platform. In fact MMR is planning on participating at the Microsoft Health Conference April 27, 2011 in Chicago. There we will be selling MMRGlobal as a PHR solution to HealthVault strategic partners. We will also continue our series of investor roadshows in Chicago.
I could not write this blog on Volunteerism and ignore the human suffering in Japan. If you read this blog, you know that I have been involved in Earthquake Preparedness since 1994. As part of that involvement, I raised and contributed the monies to print millions of booklets featuring “Yogi Bear” on what to do before, after, and during an earthquake or other disaster. As an easy act of volunteerism, perhaps you could participate in this simple task to make them go viral.
Please send this link mmrglobal.com/earthquake/ (or this entire blog) to everyone you know and ask them to share these booklets with everyone they know. Perhaps someday you will help save someone from unnecessary suffering or perhaps even save a life.
Robert H. “Bob” Lorsch, CEO, MMRGlobal
4401 Wilshire Blvd., 2nd Floor, Los Angeles, CA 90077, Tel. 310-476-7002
www.mmrglobal.com
Follow me on Twitter at PHREMRGURU
Bookmark & Share
Tags: Bob Lorsch, Chartis, China, Drug Interactions, EHR, Electronic Medical Record, Emmy Awards, EMR, Kira Lorsch, Kira Reed, MMRGlobal, MMRPro, Mymedicalrecords, mymedicalrecords.com, Robert Lorsch, Tom Ridge
Read more | Comments (0) | March 23rd, 2011
Posted by Robert Lorsch | Filed under Posts by Robert Lorsch
Back in Los Angeles after a red-eye flight last night, the last 5-day whirlwind trip had much to remember. However, it was marked with one of the most important and emotional highlights of my life. It came at the Points of Light Institute Tribute to President and Mrs. George H. W. Bush. It was called “All Together Now-A Celebration of Service”. If you watch American Idol and cry at the back-stories, then this was American Idol on steroids.
The emotional highpoint came when everyone was seated and the announcer said, Ladies and Gentleman…..United States President Jimmy Carter and his wife Rosalyn; Ladies and Gentleman…..United States President William Jefferson Clinton; Ladies and Gentleman…..United States President George W. Bush and his wife Laura; and, finally, Ladies and Gentleman…..tonight’s honorees United States President George Herbert Walker Bush and his wife Barbara. At that point, the person sitting next to me reached over to shake my hand; at first, I did not recognize Governor Tom Ridge, the first Secretary of The Department of Homeland Security. Then I connected the fact that the universe had placed me next to the one man in this country who could do more for MMRGlobal at this time than just about anyone but President Obama who beamed the opening remarks in from his South American travels.
The message of the evening was all about all of us being a star in the galaxy of 1000 Points of Light and how anything we do for anyone can make a profound difference. I have spent much of my life in service to others and was particularly moved by the stories of the evening. I hope you will watch or record the evening on March 28th on NBC Prime Time. I promise you a family night you will cherish and an experience that you will never forget. For me, it is especially gratifying to be in a business where the deployment of a www.mymedicalrecords.com account or a www.myesafedepositbox.com account can do so much for someone in need, even perhaps save a life.
I get the pleasure of running a company that by its very existence gives back with these remarkable service offerings that can make a difference in an emergency or disaster. In addition to sitting with The Honorable Governor Ridge, Kira and I were joined by friends from the NRA and the Vice President of Marketing for Kaiser Mid-Atlantic. It always amazes me how when you put things into the universe, great things come back. Kaiser, The NRA and, of course, Governor Ridge are already on my call list this week (and they are expecting my calls).
On the MMR front, I spent Friday in Basking Ridge, at Verizon, where we are making great progress in what I believe will be a long-term very exciting relationship. Also, we will soon be announcing an integration of our products and services on the HealthVault platform. In fact MMR is planning on participating at the Microsoft Health Conference April 27, 2011 in Chicago. There we will be selling MMRGlobal as a PHR solution to HealthVault strategic partners. We will also continue our series of investor roadshows in Chicago.
I could not write this blog on Volunteerism and ignore the human suffering in Japan. If you read this blog, you know that I have been involved in Earthquake Preparedness since 1994. As part of that involvement, I raised and contributed the monies to print millions of booklets featuring “Yogi Bear” on what to do before, after, and during an earthquake or other disaster. As an easy act of volunteerism, perhaps you could participate in this simple task to make them go viral.
Please send this link mmrglobal.com/earthquake/ (or this entire blog) to everyone you know and ask them to share these booklets with everyone they know. Perhaps someday you will help save someone from unnecessary suffering or perhaps even save a life.
Robert H. “Bob” Lorsch, CEO, MMRGlobal
4401 Wilshire Blvd., 2nd Floor, Los Angeles, CA 90077, Tel. 310-476-7002
www.mmrglobal.com
Follow me on Twitter at PHREMRGURU
Bookmark & Share
Tags: Bob Lorsch, Chartis, China, Drug Interactions, EHR, Electronic Medical Record, Emmy Awards, EMR, Kira Lorsch, Kira Reed, MMRGlobal, MMRPro, Mymedicalrecords, mymedicalrecords.com, Robert Lorsch, Tom Ridge
Read more | Comments (0) | March 23rd, 2011
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