VisualMED Sees Major Growth of Its Partnerships and Business Lines After U.S. Election
November 08 2012 - 6:00AM
Marketwired
VisualMED Clinical Solutions Corp. (The "Company") (PINKSHEETS:
VMCS) (FRANKFURT: VA6) announces that following President Obama's
re-election and a Democrat controlled Senate blocking attempts to
roll back healthcare reform, the Company expects to see major
growth in the sales and deployments of its business lines. This is
backed by a clear political mandate for the White House to continue
major reform programs in the U.S. healthcare sector over the next 4
years.
VisualMED believes that its prospects have been buoyed by this
election, with Democratic initiatives in healthcare promising to
speed up the deployment of our most advanced solutions and validate
our current business model.
The Company expects an immediate expansion of its Transitional
Care solutions across many healthcare jurisdictions involving its
powerful public/private partnership with the Government of Maryland
and the University of Maryland. Pilot projects are in place for
Transitional Care which until now has been completely neglected,
leaving a void in the care process which the Administration intends
to remedy. The Company has been working on Transitional Care for
years and is almost alone in the marketplace to offer validated
instruments in this completely new segment of the healthcare
delivery process, valued in the near term in the tens of billions
in the U.S. alone.
The Administration's commitment to provide better care for its
veterans will also give a major boost to our mobile medical
solutions which we have been developing in the past year. The
mobile tracking solutions we currently offer through our joint
venture with the State of Maryland, Intelaform and Verizon could
greatly enhance remote location support for Veterans and therefore
offer better care more efficiently, saving expense without cutting
short-term acute care. This is the latest in patient tracking,
improving medical outcomes, whose potential value in terms of
revenue to the Company and its partners cannot be overestimated in
this trillion dollar industry where everything must now change.
Also on track is VisualMED's private/public partnership for a
National Emergency Preparedness Response program designed to
provide medical support in real time to first responders at the
scene of a natural disaster. National Emergency Preparedness has
become a major priority at all levels of government, because of the
threat of bio-terrorism and natural catastrophes.
All of these initiatives bring immediate expansion of the
VisualMED brand and the line of products it provides. Increased
funding and subsidies of new healthcare processes and technologies
by the Federal Government are designed to force the medical
industry to become more cost efficient while at the same time
increasing the quality of care for patients.
About VisualMED VisualMED markets advanced
Clinical Information Systems (CIS) and Computerized Physician Order
Entry that meet the new regulatory environment ushered in by the
American Recovery and Reinvestment Act of 2009 and the Health
Reform Act of 2010. VisualMED offers a powerful technology platform
both scalable and interoperable, developed at a cost of some $40
million and tested over many years in tertiary care and ambulatory
environments. It's also a main driver of mobile solutions to
provide better home care alternatives for patients and seniors.
VisualMED solutions help health care agencies reduce mortality and
morbidity due to medical errors, increase provider efficiency, and
bring down operating costs. The key clinical components are a core
solution in the new agenda to promote greater patient safety and
reduce risks due to medication errors. The Company's Suites of
Medical Solutions operate on state of the art proprietary software
platforms with advanced analytical capabilities provided by Visual
Healthcare Corp. (PINKSHEETS: VSHC).
Detailed information on our company and its products is
available on our web site at www.visualmedsolutions.com
FORWARD-LOOKING STATEMENTS Except for historical information
provided herein, this press release may contain information and
statements of a forward-looking nature concerning the future
performance of the Company. These statements are based on
suppositions and uncertainties as well as on management's best
possible evaluation of future events. Such factors may include,
without excluding other considerations, fluctuations in quarterly
results, evolution in customer demand for the Company's products
and services, the impact of price pressures exerted by competitors,
and general market trends or economic changes. As a result, readers
are advised that actual results may differ from expected
results.
For further information, please contact: Gerard Dab
514-582-5220
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