TORONTO, Jan. 22 /CNW/ - MedcomSoft Inc. (TSX: MSF), a leading provider
of Electronic Health Records (EHRs) and Connectivity solutions announced today
that Clinic Management Corporation of America (CMCA), a subsidiary of A+
HealthCare Holding Inc., has signed an agreement with MedcomSoft's
wholly-owned subsidiary MedcomSoft Corporation in Atlanta, GA, to license
MedcomSoft Record UE, MedcomSoft's award winning EHR and practice Management
software Solution, to automate its new retail based clinical centers. The
retail clinics, which are to be located within Farmacias El Amal - Puerto
Rico's largest locally owned drugstore chain, will focus on preventive medical
and clinical services. Rollout to these clinics is expected in April 2008 and
is expected to be completed by December 2009.
Under the terms of the agreement, CMCA is to purchase 100 MedcomSoft
Record licenses to support its clinics rollout. Assuming full implementation,
the agreement shall provide revenues to MedcomSoft in excess of $750,000
excluding implementation, training and support services.
"We will be able to deliver modern and high quality services that
patients will expect in our clinics, and have a seamless integration of all of
the facets of patient care to ensure the highest degree of Disease management"
indicated Dr. Shehadeh, executive director of CMCA. "We intend to be pioneers
in the use of information technology in Puerto Rico as it pertains to the
delivery of medical services and we have chosen MedcomSoft Record after a
lengthy and intensive search and a comparison of available solutions in the
marketplace. We were specifically very impressed with MedcomSoft's ability to
produce fully codified health records that enable full inter-operability
between providers, advanced clinical research, higher prevention and full
support to pay-per-performance and quality initiatives."
MedcomSoft Record will automate everyday clinical and management tasks
such as documenting patients' visits, prescribing medications, ordering and
viewing laboratory results, document management, scheduling, referrals and
billing. Additionally the electronic health record system is preloaded with
one of the most advanced clinical data search and mining system in the
About A+ HealthCare Holding Inc.:
Founded in 2007, A+ HealthCare Holding Inc. is a holding company based in
San Juan, PR dedicated to the development of high quality and cost effective
ventures that improve access to healthcare services.
About MedcomSoft Inc.:
Founded in 1994, MedcomSoft Inc. develops cutting edge software solutions
for the healthcare industry. MedcomSoft has pioneered the use of numerically
codified point-of-care clinical terminologies to create a new generation of
highly interoperable EHRs, which significantly enhance disease surveillance
and accelerate clinical research. MedcomSoft award winning software
applications includes Electronic Health Records, physician order entry systems
with e-prescribing, document management, practice management and clinical data
search, data mining and disease surveillance systems.
MedcomSoft is the recipient of the "Best of KLAS" award in 2007 year-end
report in the Ambulatory EMR 1-5 Physicians category. In addition a MedcomSoft
practice was recently awarded the prestigious 2007 HIMSS Davies Award.
This news release contains forward-looking statements regarding
MedcomSoft's expectations and beliefs with respect to future events and/or
financial performance. These forward-looking statements involve known and
unknown risks, uncertainties and other factors, which may cause the actual
events or results to differ materially from those expressed or implied in such
forward looking statements. Such factors and risks include, but are not
limited to, market conditions, competition including price and product
functionality; economic environment; and the ability to develop and deliver
new products in a timely manner. The reader is referred to the documents that
the Company files from time to time with applicable Canadian securities and
regulatory authorities for a discussion on certain risks and uncertainties
that could cause actual results to differ from those projected, anticipated or
implied. MedcomSoft does not undertake to update forward-looking statements.
For further information:
For further information: Steven Small, MedcomSoft Inc., Phone: (877)
673-0101, Fax: (416) 443-9693, www.medcomsoft.com.