Online patient portal integrated with EMR will drive quality of care improvements while increasing efficiency and revenue of medical clinics
MARKHAM, ON, Jan. 7 /CNW/ - Nightingale Informatix Corporation ("Nightingale" or the "Company") (TSX-V: NGH), an application service provider (ASP) of electronic medical record (EMR) software and related services, announced today that it has entered into an exclusive licensing agreement with Canadian Patient Access Incorporated ("CPA") to offer health related services to Canadian patients, through doctors using electronic medical records in their practices.
Using Nightingale's innovative patient-centric technology and secure web-based patient portal, Canadian Patient Access Inc. will offer doctors a patient services platform seamlessly integrated with Nightingale On Demand, the Company's EMR and Practice Management system. The unique platform will provide patients with direct access to their physician and to clinic administrators. It will allow patients to schedule medical appointments online at their convenience. The patient portal will allow patients to review and access their medical history and laboratory results online, request prescription refills, request eConsults with their physician and receive care, medication and appointment reminders, all in a sophisticated and secure, easy to use online environment.
"Today people want to be informed about their healthcare and to be involved in how it is managed," said Moe Jiwan, President of Canadian Patient Access Inc. "We use the Internet to enhance so many aspects of our lives, but we have only begun to realize what is possible when it comes to healthcare. One of our primary goals is to help doctors leverage the investments they are making in EMR, allowing them to engage with patients in a way that enhances the patient experience while adding efficiencies to the delivery of care."
Clinics will experience efficiency improvements as patients take advantage of the convenience and personalization of the patient portal. There will be tangible benefits resulting from patients using online self-service tools rather than contacting the clinic by phone or in person. And the integration of the portal with the Nightingale EMR and practice management system provides a highly efficient means of managing and delivering innovative services not covered by provincial health insurance plans.
"With this agreement we are poised to set a new standard in the way patient services are delivered in Canada. The management of Canadian Patient Access are proven leaders in the delivery of innovative patient centric healthcare," said Sam Chebib, President of Nightingale Informatix. "Along with their experience in marketing to patients & physicians, the investment that CPA is making will allow Nightingale to unlock the value of its patient portal technology and its extensive customer base of physicians across Canada to drive additional revenues and growth."
Under the terms of the agreement Canadian Patient Access Inc. will be the exclusive distributor of Nightingale's patient portal, Priority Access, in Canada. Nightingale will receive upfront consideration in the form of cash and equity, and it will receive ongoing royalties from the sale of services and technology. In addition, Canadian Patient Access Inc. will have non-exclusive rights to market and sell other Nightingale products including Nightingale On Demand, the company's web-based electronic medical record (EMR) system.
About Canadian Patient Access Inc.
Canadian Patient Access Inc. is a patient centric company with an aim to leverage technology to enable the efficient delivery of healthcare services and information between providers and patients. CPA will provide patients with instant online and secure access to their PHR (Personal Health Record), their physician schedule and other healthcare management products and services. All this combined with health monitoring services, reminders and communication tools the CPA online platform will become the standard for personal healthcare management for all Canadians. www.canadianpatientaccess.ca
About Nightingale Informatix Corporation
Nightingale is one of the fastest growing health care service and software companies in North America. It is recognized as an industry leader in Web-based (ASP) clinician and community based electronic medical records (EMR) serving the needs of small primary care practices, multi-physician outpatient clinics, and large scale regional health organizations and networks. Coupled with integrated practice management, transcription and revenue cycle management, Nightingale's comprehensive service offering allows customers to enhance patient care, increase revenue opportunities and optimize operations. Nightingale is continuously innovating and enhancing its services to meet the needs of its growing and diverse customer base. Nightingale - Healthcare connected. www.nightingale.md
Forward Looking Statement
This press release contains "forward-looking statements" respecting the issuance and cancellation of securities of the Company within the meaning of applicable Canadian securities legislation. Generally, forward-looking statements can be identified by the use of forward- looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may" ,"could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Nightingale to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the speculative nature of the medical software industry, which is affected by numerous factors beyond Nightingale's control; the ability of Nightingale to successfully integrate its acquisitions and any liabilities arising as a result of such acquisitions, access to capital and agreements with its Lenders; the existence of present and possible future government regulation; access to debt or equity financing and agreements with its Lenders; the significant and increasing competition that exists in the medical software industry; the early stage of Nightingale's business; and therefore it is subject to the risks associated with early stage companies, including uncertainty of revenues, markets and profitability and the need to raise additional funding. All material assumptions used in making forward-looking statements are based on management's knowledge of current business conditions and expectations of future business conditions and trends. Although management believes the assumptions used to make such statements are reasonable at this time, our assumptions may not to be as anticipated, estimated or intended. Certain material factors or assumptions applied by management in making forward-looking statements, include without limitation, factors and assumptions regarding Nightingale's continued ability to fund its business, rates of customer defaults, relationships with, and payments to, lenders, demand for Nightingale's products, as well as Nightingale's operating cost structure.
Although Nightingale has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Nightingale does not undertake to update any forward-looking statements that are incorporated by reference herein, except in accordance with applicable securities laws. Further information on Nightingale Informatix Corporation is available at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Nightingale Informatix Corporation
For further information: For further information: Alan Kriss, VP Marketing, Nightingale Informatix Corporation, Tel: (905) 307-6863, email@example.com; Moe Jiwan, President, Canadian Patient Access Inc., Tel: (905) 884-1017, firstname.lastname@example.org