IPS to Integrate MedeFile Electronic Medical Records Management Solution Into Managed Services Platform
13 Juin 2007 - 3:30PM
PR Newswire (US)
ORLANDO, Fla. and CEDAR KNOLLS, N.J., June 13
/PRNewswire-FirstCall/ -- Integrated Pain Solutions, LLC (IPS), a
wholly owned subsidiary of PainCare Holdings, Inc. (AMEX:PRZ), and
MedeFile International, Inc. (OTC Bulletin Board: MDFI), a leader
in portable electronic medical records management, today announced
that the Companies have agreed to collaborate on the integration of
MedeFile's electronic medical record management solutions into IPS'
managed services offerings, providing for a value-added enhancement
for medical insurers, workers compensation carriers and
self-insured trade unions and employer groups, to mention a few.
Maria R. McAfee, President of IPS, noted, "MedeFile offers a very
robust and user-friendly solution for consolidating and managing
personal health and medical records in a convenient web-enabled
environment. By integrating this offering into our managed services
platform, we believe we will succeed in further differentiating the
total IPS solution and provide the tangible means for payors to
extend enhanced benefits, control and value to their respective
members." "MedeFile was founded on the belief that empowering
patients with the ability to maintain control over all of their
medical and health information across all providers and across time
will have a cascading, positive effect on improving the overall
healthcare system and the universal quality of care, while
generating savings for payors due to the reduction or elimination
of duplicate procedures and tests and avoidance of costly medical
errors. In this regard, we are very pleased that IPS has selected
the MedeFile solution to be offered as part of its comprehensive
managed service platform being marketed to large payors," stated
Milton Hauser, Chairman and CEO of MedeFile International, Inc.
Established to serve major medical insurers, workers compensation
carriers and large self-insured trade unions and employer groups,
IPS is the nation's first and foremost pain-focused managed
services organization that is dedicated to achieving value-based,
cost-saving and patient-centric care through a multi-disciplinary
network of highly privileged providers and specialists; its
proprietary, evidenced-based clinical pathways for the treatment of
acute and chronic musculoskeletal pain; a novel IT platform used to
capture, track, analyze and report outcome data; and a
fully-integrated support and service platform to provide telephonic
and electronic utilization management, case management and care
coaching services. About Integrated Pain Solutions (IPS) Integrated
Pain Solutions (IPS), a wholly-owned subsidiary of PainCare
Holdings, Inc., is the first and only managed services organization
offering a multidisciplinary healthcare network focused on pain
management to payor organizations, such as insurance and workers'
compensation carriers and unions. IPS reduces costs and increases
quality of life by providing highly credentialed physicians and
centers of excellence on pay-for-performance incentives, a
continuum of care that begins with care coaching, a shared
financial and clinical data warehouse, and evidence-based clinical
outcome measurements to determine the most effective
pain-management plan. For more information, please visit
http://www.integratedpainsolutions.net/. About PainCare Holdings,
Inc. Headquartered in Orlando, Florida, PainCare Holdings, Inc. is
one of the nation's leading providers of pain-focused medical and
surgical solutions and services. Through its proprietary network of
acquired or managed physician practices and ambulatory surgery
centers, and in partnership with independent physician practices
and medical institutions throughout the United States and Canada,
PainCare is committed to utilizing the most advanced science and
technologies to diagnose and treat pain stemming from neurological
and musculoskeletal conditions and disorders. Through its wholly
owned subsidiary, Caperian, Inc., PainCare offers medical real
estate and development services. Through Integrated Pain Solutions,
the Company is engaged in pioneering the nation's first Managed
Services Organization that offers a multi-disciplinary healthcare
network focused on the treatment of pain. For more information on
PainCare Holdings, please visit http://www.paincareholdings.com/.
About MedeFile International, Inc. MedeFile has developed a
proprietary system for gathering and digitizing medical records so
that individuals can have a comprehensive record of all of their
medical visits. MedeFile's primary product is the MedeFile system,
a highly secure system for gathering and maintaining medical
records. The MedeFile system is designed to gather all of its
members' actual medical records and create a single, comprehensive
medical record that is accessible 24 hours a day, seven days a
week. Representing an advanced, yet easy-to-use, approach to
portable, electronic medical records management, MedeFile combines
state-of-the-art technology and the Internet to make medical data
instantly accessible to each MedeFile subscriber and his or her
authorized healthcare providers from anywhere in the world. In
addition to accessing one's medical records through MedeFile's
secure Internet portal found at http://www.medefile.com/, members
can carry their entire medical history and emergency information
wherever they go on a unique device called a MedeDrive - a
proprietary USB drive designed to be carried on a keychain. The
MedeDrive plugs into any USB port of a Windows- based PC; and
because MedeDrive automatically loads its own viewer, users do not
require any special programs or software to view data. MedeMobile
provides on-the-go subscribers with the ability to enjoy even
greater flexibility and access to their personal health information
wherever and whenever they need it. For more information about
MedeFile and the MedeFile system, visit http://www.medefile.com/.
PainCare's Safe Harbor Statement This press release contains
forward-looking statements that may be subject to various risks and
uncertainties. Such forward-looking statements are made pursuant to
the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995 and are made based on management's current
expectations or beliefs as well as assumptions made by, and
information currently available to, management. These
forward-looking statements, which may include statements regarding
our future financial performance or results of operations,
including expected revenue growth, cash flow growth, future
expenses, future operating margins and other future or expected
performance, are subject to the following risks: the acquisition of
businesses or the launch of new lines of business, which could
increase operating expenses and dilute operating margins; the
inability to attract new patients by our owned practices, the
managed practices and the limited management practice; increased
competition, which could lead to negative pressure on our pricing
and the need for increased marketing; the inability to maintain,
establish or renew relationships with physician practices, whether
due to competition or other factors; the inability to comply with
regulatory requirements governing our owned practices, the managed
practices and the limited management practices; that projected
operating efficiencies will not be achieved due to implementation
difficulties or contractual spending commitments that cannot be
reduced; and to the general risks associated with our businesses.
In addition to the risks and uncertainties discussed above you can
find additional information concerning risks and uncertainties that
would cause actual results to differ materially from those
projected or suggested in the forward-looking statements in the
reports that we have filed with the Securities and Exchange
Commission. The forward-looking statements contained in this press
release represent our judgment as of the date of this release and
you should not unduly rely on such statements. Unless otherwise
required by law, we undertake no obligation to publicly update or
revise any forward- looking statements, whether as a result of new
information, future events or otherwise after the date of this
press release. In light of these risks and uncertainties, the
forward-looking events and circumstances discussed in the filing
may not occur, and actual results could differ materially from
those anticipated or implied in the forward-looking statements.
MedeFile International's Safe Harbor Statement With the exception
of historical information, the matters discussed in this press
release are forward-looking statements that involve a number of
risks and uncertainties. The actual future results of MedeFile
could differ significantly from those statements. Factors that
could cause actual results to differ materially include risks and
uncertainties such as the inability to finance the Company's
operations or expansion, inability to hire and retain qualified
personnel, changes in the general economic climate, including
rising interest rates, and unanticipated events such as terrorist
activities. In some cases, you can identify forward-looking
statements by terminology such as "may," "will," "should,"
"expect," "plan," "anticipate," "believe," "estimate," "predict,"
"potential" or "continue," the negative of such terms, or other
comparable terminology. These statements are only predictions.
Although we believe that the expectations reflected in the
forward-looking statements are reasonable, and such statements
should not be regarded as a representation by the Company, or any
other person, that such forward-looking statements will be
achieved. We undertake no duty to update any of the forward-looking
statements, whether as a result of new information, future events
or otherwise. In light of the foregoing, readers are cautioned not
to place undue reliance on such forward-looking statements. For
further risk factors associated with our Company, review our SEC
filings. FOR MORE INFORMATION, PLEASE CONTACT: Media Relations
Suzanne Beranek, APR, Beranek Communications, LLC 407-475-0763 or
via email at FOR MORE INFORMATION, PLEASE CONTACT: Dodi Handy,
President and CEO, or Daniel Conway, Chief Strategist Elite
Financial Communications Group 407-585-1080 or via email at
DATASOURCE: PainCare Holdings, Inc. CONTACT: Suzanne Beranek, APR,
Media Relations of Beranek Communications, LLC, +1-407-475-0763, ,
Dodi Handy, President and CEO, Daniel Conway, Chief Strategist,
both of Elite Financial Communications Group, +1-407-585-1080, Web
site: http://www.integratedpainsolutions.net/
http://www.medefile.com/ http://www.paincareholdings.com/
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