Montreal, Quebec (PRWEB) December 6, 2009
VisualMED Clinical Solutions Corp. (The “Company”) (NASDAQ OTC: VMCS.PK) (Frankfurt: VA6.F) announces that Ontario will go ahead with plans to fund Electronic Health Records for medical practice. The Ministry of Health of the Province of Ontario has earmarked $236 million to promote the adoption of Electronic Health Records by the province’s physicians.
The aim is to provide Electronic Health Records for some 5,700 family physicians over the next three years. The government is stepping in to provide incentives to purchase clinical systems in much the same way as the new Obama Administration in the United States, where the American Recovery and Reinvestment Act (ARRA) has made some $36 billion of federal funds available to reimburse Healthcare IT purchases by providers.
“The Ontario initiative, the first of its kind in Canada, is a demonstration that the Obama policy on medical practice automation is having an impact beyond the U.S.” says VisualMED Chairman Gerard Dab. “We expect that our distributors will leverage the VisualMED technology, widely regarded, flexible and scalable, in providing systems to Ontario physicians. Financial incentives are bound to have a major impact on our industry,” concludes Gerard Dab.
The Company continues to expand its distribution channels in the United States, where it expects to leverage existing sites into a larger client base, supported by the funds made available in the Stimulus package (ARRA). Recent events such as the special EHR symposium of the American Society of Clinical Oncologists held in November show the impact of ARRA on provider interest in clinical automation. VisualMED licensee Integrated Clinical care Corp (http://www.iclinicalcare.com) was among the 15 vendors participating in defining the ASCO position on oncology specific Electronic Health Records.
VisualMED Clinical Solutions Corp. licenses cutting edge healthcare application technology from its extensive portfolio of proprietary clinical and medical solutions that help hospitals and healthcare authorities improve the efficiency of managing patients care, increasing personnel efficiency, bringing down operating cost while improving outcomes.
Some of the applications that its technologies enable such as fully automated and well tested Computerized Physician Order Entry with powerful decision support components and self populating automated Tumor Registries, are core solutions in the new agenda to promote better patient care, greater safety and reduce risks due to medication errors. Information on our company and its products is available on our web site at http://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.
VisualMED Clinical Solutions Corp.
Tel: 514 582 5220
SOURCE: VisualMED Clinical Solutions Corp.