QualityStocks News - MMRGlobal and 4medica Collaborate to Launch Communications Gateway

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New system combines technologies of both companies and current medical records sharing trends

4medica provides services to more than 35,000 physicians and projects, as many as one-third of its base will use the new integrated fax service powered by MMRGlobal.

QualityStocks would like to highlight MMRGlobal, Inc., a publicly traded company. Through its wholly-owned operating subsidiary, MyMedicalRecords, Inc., the company provides secure and easy-to-use online Personal Health Records ("PHRs") and electronic safe deposit box storage solutions, serving consumers, healthcare professionals, employers, insurance companies, financial institutions, and professional organizations and affinity groups. The MyMedicalRecords PHR enables individuals and families to access their medical records and other important documents, such as birth certificates, passports, insurance policies and wills, anytime from anywhere using the Internet.

In the company’s news yesterday, MMRGlobal and 4medica, a cloud SaaS clinical integration platform provider, announced that 4medica will incorporate MMR’s patented systems into its Integrated Electronic Health Record (4medica iEHR®) to create Communications Gateway, which is designed to protect patient privacy and bolster communication between patient and medical provider.

Communications Gateway is an EHR platform for secure, HIPAA-compliant inbound/outbound faxing that enables 4medica’s client base of labs, physician practices, and individual practitioners to receive encrypted faxes directly into their 4medica iEHRs, and gives them the ability to fax directly from the application to a domestic or international destination.

“The move to electronic medical records is inevitable, but faxing remains an important form of communication and patient data transfer,” Oleg Bess, M.D., 4medica’s CEO stated in the press release. “The challenge is protecting patient privacy while ensuring the complete patient picture. Communications Gateway, which will connect 4medica to any doctor, hospital or healthcare provider along the continuum of care, regardless of the level of the provider’s technology or EMR platform, is the solution healthcare providers need — a secure way to fax patient data that also is an efficient way to populate the EHR with that data.”

The communications system will use MMR’s patented document management and imaging solution to facilitate electronic consultations for both inbound and outbound referral letters. MMR’s patented technologies securely transmit, store, and share health data, and company CEO Robert H. Lorsch explained the value of the integration between MMR’s solutions and 4medica’s market reach.

“This is a significant milestone for MMRGlobal, as 4medica is the nation’s leading provider of cloud-based clinical data exchange services that provide physicians with a real-time view of patient information across multiple locations,” Lorsch stated. “4medica provides services to more than 35,000 physicians and projects as many as one-third of its base will use the new integrated fax service powered by MMRGlobal. We have been working to incorporate similar features and benefits of MMRPro and the MyMedicalRecords PHR into Electronic Health Record systems, and our integration with 4medica is the first major step in demonstrating the value of adding our patented technologies to any SaaS service or EMR solution.”

Per the agreement, 4medica will pay monthly minimum usage and patent licensing fees based on the size of the Communications Gateway in addition to a 20 percent royalty on revenues generated from healthcare providers.

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.

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