Patient Access Solutions, Inc. and MedLink International Announce Joint Venture Agreement
27 Mayo 2010 - 9:50AM
Patient Access Solutions, Inc. (Pink Sheets:PASO), an emerging
provider of healthcare/financial processing technologies for the
healthcare and home care industry, today announced a Cross
Marketing agreement with MedLink (OTCBB:MLKNA), a leading
healthcare IT provider of Electronic Health Record (EHR), practice
management, and clinical integration software to the medical
community. The partnership will provide a natural synergy of
combined solutions between the companies that will enable enhanced
information exchange capabilities to increase the efficacy of the
RHIO (Regional Health Information Organization) Financial
Sustainability Model by integrating Patient Access Solutions
claims, reporting and payment modules into the MedLink TotalOffice
solution.
"Patient Access Solutions and MedLink have both benefited from
being strong, healthcare solutions providers for many years, and
this agreement is a natural extension of that business model," said
Bruce Weitzberg, President and CEO, Patient Access Solutions. "In
addition to its proven track record in the EMR industry, MedLink
will provide the IT mechanisms necessary for PAS to continue to
innovate and grow, which will benefit current and future customers
and investors. The eventual integration of the PAS claims and
payment modules into MedLink enables PAS to continue to refine its
focus on its strategic businesses and the clients of those
businesses."
"This agreement is a significant addition to MedLink's efforts
to become a leading provider of EMR solutions," said Ray Vouno,
President and CEO, MedLink International. "We will invest the
necessary resources to make this PAS integration successful. PAS
has a significant base of customers and relationships that will
bring immediate benefits in the way we at MedLink offer our
products and services; PAS has significant customers that will be
exposed to our Lab and EHR products and I look forward to working
with PAS as we move forward with our relationship."
About MedLink
MedLink is a healthcare IT company that provides the medical
community with products and services designed to help create,
manage, and share medical information. The company's flagship
product, MedLink TotalOffice EHR 3.1, a CCHIT Certified® 08
Ambulatory EHR, provides physicians with full EHR and practice
management functionality. For more information regarding MedLink's
products and services, please visit http://www.medlinkus.com/.
About Patient Access Solutions, Inc.
Patient Access Solutions, Inc. (PAS) is a Healthcare Solutions
Company which has created a formidable array of technology,
resources and allies to enable it to become an agent of radical
change in what has traditionally been a slowly evolving healthcare
information technology environment. The Company's products are
designed to allow health care providers an easy migration to the
EMR environment. Among these products are D-PAS, which is a
state-of-the-art digital pen and paper technology based on Anoto
technology, used to capture hand written information into digital
forms and EMR systems and PAS Data Center, which is a terminal
solution that allows health care providers to quickly and easily
determine benefit eligibility. More information on Patient
Access Solutions, Inc. and its products can be viewed at
www.pashealth.com.
Certain statements in this news release may contain
forward-looking information within the meaning of Rule 175 under
the Securities Act of 1933 and Rule 3b-6 under the Securities
Exchange Act of 1934, and are subject to the safe harbor created by
those rules. All statements, other than statements of fact,
included in this release, including, without limitation, statements
regarding potential future plans and objectives of the companies,
are forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could
differ materially from those anticipated in such statements.
Factors that could cause actual results to differ materially from
those in the forward-looking statements include, among other
things, the following: general economic and business conditions;
competition; unexpected changes in technologies and technological
advances; ability to commercialize and manufacture products;
results of experimental studies; research and development
activities; changes in, or failure to comply with, governmental
regulations; and the ability to obtain adequate financing in the
future. This information is qualified in its entirety by cautionary
statements and risk factors disclosure contained in certain of
Patient Access Solutions Inc. Securities and Exchange Commission
filings available at http://www.sec.gov.
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CONTACT: Emerging Growth Research, LLP
Investor Information
Joe Noel
925-922-2560
Patient Access Solutions (CE) (USOTC:PASO)
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