Grace Century's Healthcare Technology Project, The Quantum Group, Receives Preliminary Approval of 7th Patent
Ras Al Khaimah, UAE (PRWEB) May 08, 2014 -- Grace Century, an international research and private equity company based north of Dubai, in the United Arab Emirates (UAE), is pleased to announce that on May 1,2014, The Quantum Group, Inc. received notice from their patent attorney stating that the examiner from the United States Patent and Trademark Office (USPTO) contacted them to advise that their patent application # 13/302,557 “System and Method for Automating and Verifying Product Value, Usage, and Suitability for Use or Sale” has successfully completed all reviews by the USPTO and is ready to be issued. This is the seventh (7th) patent issued or cleared for issuance to Quantum. Quantum has another 15 pending approval.
Scott Wolf, CEO of Grace Century states, “The fact that this firm has been able to complete the process for seven groundbreaking patents is a testimony to Quantum’s visionary team and their ability to influence the $6.4 trillion USD healthcare industry.” He adds, “Their portfolio of IT will prove invaluable at time of exit for our group, while simultaneously directing the healthcare industry into a better and more effective direction.”
The patent builds on Quantum’s previous approved portfolio and is a testimony of management’s ability to navigate through multiple government channels.
Noel J. Guillama, President of The Quantum Group, and leader of the innovation team, commented on this latest patent to be issued, “Today, having the benefit of computers, we also have the great features of Wi-Fi, wireless devices, and smart mobile phones that can be used to confirm patient compliance with doctor instructions, quality and even inventory management. Our goal has been to incorporate all the tools that are available in the use of technology within our PWR® platform to reduce medical cost and waste, and more importantly, save lives.”
Quantum management sees this patent, as with several of their others, as having material applications beyond healthcare, including, yet not limited to food processing, shipping, supply chain management, industrial productions, e-commerce, financial services and banking, even into law and education.
About Grace Century
Grace Century FZ LLC is an International Private Equity Consultant located in Ras Al Khaimah, United Arab Emirates. It specializes in conducting due-diligence for its group of international members, as well as assisting firms in the development and execution of “game changing” ideas in Life Sciences. Grace Century assists in capital formation, market penetration, joint ventures, and brand development plan.
About The Quantum Group, Inc.
The Quantum Group is an innovation-driven organization purposefully designed to bring effective change to the U.S. healthcare industry. The foundation of the Company has been in design, development and deployment of innovative solutions, technology, products and services to the healthcare industry. Its purpose is to assist physicians and hospital providers, as well as government and private sector payers, in managing the treatment outcomes through patient-centered wellness concepts. For more information, visit http://www.quantummd.com.
About PWeR®
PWeR stands for Personal Wellness electronic Record®. This 21stcentury healthcare technology solution is a new breed, intelligent healthcare information platform that hosts medical records and permits interactive use. Medical records will follow the patient, giving every healthcare provider that sees a particular patient access to all the information needed to assist in their diagnosis and treatment plan. Providers will be able to access a patient’s entire medical record in one glance, through our trademarked “One Patient…Total Connectivity”™ concept. In critical situations or in providing treatment to patients on the PWeR platform, hospitals will be enabled to access full medical histories and make educated treatment decisions based on accurate data. For more information, visit http://www.mypwer.com.
Laurie Pehar Borsh, Laurie Pehar Borsh PR, http://www.gracecentury.com, +1 818-249-4846, [email protected]
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