MMR Seeks Its Slice of the Billion-Dollar Stimulus Pie
Flexibility and Plug and Play Capability of MyMedicalRecords Pro to be Showcased For More Than 28,000 Healthcare Technology Experts Expected at HIMSS09
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“Our objective is to integrate our consumer MyMedicalRecords PHR, available at www.mymedicalrecords.com, into numerous healthcare products and technologies as the patient’s Personal Health Record of choice, making MMR the iTunes of Personal Health Records,” added Lorsch.
MMR Pro leverages the power of our flagship MyMedicalRecords PHR product by enabling doctors to have a paperless office while improving the level of care to patients through the real-time provisioning of PHRs. Digitized patient files are stored on a secure Internet site, which can be branded with the name of the physician’s practice. Patients are then able to access their individual records through the MMRPatientView portal and maintain their personal records (along with those of up to ten family members – including pets) in one secure, convenient location while generating reimbursements to the doctors, which are designed to mitigate office overhead.
“Technology now enables the transportability and accessibility to vital documents and the innovation of MMR’s product concepts addresses life’s key risk of access to one’s critical records wherever one may be,” said Nihilent COO
Nihilent Technologies (www.nihilent.com), whose clients include FNB (First Rand), Vodafone, BSG, Hollard Insurance, Discovery Life, Discovery Health, Jaslok Hospital, AFROX Health, Barclays, Dimension Data and Mazda, among others, worked with MMR to develop the company’s consumer-based Personal Health Record, MyMedicalRecords PHR, available at www.mymedicalrecords.com. The MyMedicalRecords PHR is currently offered directly to individual retail customers and as a private label product available to corporations as an employee benefit, and to affinity groups (such as labor unions, insurers and professional organizations) as a value-added benefit.
MMR Pro offers the flexibility to interface with existing practice management systems to provide a higher level of patient care with an embedded PHR offering, including scheduling and e-prescribing systems, as well as interface with a group’s transition into a full-scale EMR. MMR Pro is expected to be offered with no upfront costs and represents a solution for any small to medium-size medical practice to easily convert a paper-based system into an automated file management system without significant training, software or hardware costs, or changing the basic workflow of the physician’s office.
“The investment funds and momentum created by the stimulus package paves the way for MMR to offer an optimized solution for achieving greater efficiencies in physician practices,” said Lorsch. “Helping to bring healthcare into the Internet Age has been a tremendous challenge and we envision continuing to build products and services that make a real difference in making healthcare more efficient and cost-effective.”
About MMR Information Systems, Inc.
MMR Information Systems, Inc. (formerly Favrille, Inc.), through its wholly-owned operating subsidiary, MyMedicalRecords, Inc. (collectively, “MMR”), provides secure and easy-to-use Web-based storage solutions, serving consumers, healthcare professionals, employers, insurance companies, unions and professional organizations. Seeking to empower consumers to have greater control over their health and well-being, MMR facilitates access to medical records and other important documents, such as living wills, birth certificates, passports, advance directives and insurance policies, anytime from anywhere using the Internet. MMR’s principal product, the MyMedicalRecords PHR service, accessed through www.mymedicalrecords.com, is built on proprietary patent-pending technology that enables users to transmit documents, images and voicemail messages in and out of the MyMedicalRecords PHR system using a variety of methods, including fax, phone, and file upload without relying on any specific electronic medical record platform to populate a user’s account. Users and medical providers can fax paper records (such as laboratory tests, radiology reports and physician’s notes), or scanned images can be uploaded, into a secured personal account, which the user can access and organize as necessary, including filing particularly sensitive documents in virtual lockboxes protected by secondary passwords, and designating certain records as accessible to medical personnel and first responders by way of a separate Emergency Login. MMR also offers its MyEsafeDepositBox service, available at www.myesafedepositbox.com, which is designed to provide secure online storage for vital financial, legal and insurance documents in addition to medical records using the same patent-pending technologies that drive the MyMedicalRecords PHR service. In its final stages of development, MMR’s MyMedicalRecords Pro service is designed to give physician’s offices a cost-effective solution to the expensive and time-consuming problem of digitizing paper-based medical records. MMR clients include AFL-CIO, Alexian Brothers Hospital Network, Coverdell, MedicAlert, Midwest Research Institute, Qvisory, XN Financial and others. MMR is also one of the integrated service providers that launched on Google Health. Additional information regarding MMR’s business and its products, including trial accounts, is available at www.mymedicalrecords.com and www.mmrinformationsystems.com. Information on MMR’s Websites is not incorporated by reference into this press release.
Statements in this press release that are not strictly historical in nature constitute “forward-looking statements.” Such statements include, but are not limited to, statements regarding MMR’s ability to conform MMR Pro to any standards that emerge under the American Recovery and Reinvestment Act, integrate MMR Pro with any EMR system, and the objectives of MMR. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause MMR’s actual results to be materially different from any results expressed or implied by such forward-looking statements. These factors include, but are not limited to the risk that MMR’s products are not adopted or viewed favorably by the healthcare community and additional risks discussed in MMR’s filings with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement. MMR is providing this information as of the date of this release and, except as required by law, does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise.
SOURCE MMR Information Systems, Inc.
