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HomMed 2003 Unit Sales Jump 55% Over Same Period in 2002
Rise Attributed to Substantial Re-orders, More Widespread Acceptance of Telemedicine
Brookfield, Wis. (PRWEB) July 18, 2003 -– HomMed unit sales were 55% higher in January through June 2003 than the same period in 2002. The increase in sales and rentals of the companys telemedicine product is attributed to substantial numbers of re-orders from HomMed Partners, as well as the widespread increase in acceptance of telemedicines value in reducing health care costs.
The HomMed Partner Network is expanding the use and scope of telemedicine in their specific areas," says Herschel Buzz" Peddicord, HomMeds President and CEO. Even state governments are recognizing the value of keeping Medicaid patients out of hospitals and emergency rooms by reimbursing our partners to manage these patients at home."
Based in Brookfield, WI, HomMed LLC is a leader in the rapidly growing home patient telemonitoring industry. The four-year-old company produces and distributes the HomMed® Health Monitoring System, which tracks the vital signs of individuals with chronic illnesses on a daily basis from their own homes.
The HomMed Health Monitoring System is distributed through the companys growing network of nearly 160 home health care agencies, health systems and teaching institutions.
For more information, visit www.hommed.com.
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