MDU increases the size of its physician network by nearly 6% with an agreement announced this morning with East GTA Family Health Group. It should be noted that this is the first buying group that is selecting the entire suite of Healthscreen services and solutions, which could represent significant increases in revenue and earnings for the Company for FY 2010. See the press release.
|Healthscreen Selected by East GTA Family Health Group |
| TORONTO, ONTARIO--(Marketwire - Sept. 30, 2009) - Healthscreen Solutions Inc. (TSX VENTURE:MDU), Canada's premier provider of physician practice enhancement services and electronic medical record (EMR) software, today announced that it has been selected by the East GTA Family Health Group to deploy its HS Practice software suite to its more than 300 family physician members. The software suite will include a full complement of billing, scheduling and electronic medical record software. Once complete, this agreement will represent by far the largest Family Health Group to purchase and implement EMR software in Canada. |
"We are very excited to have been selected, and we are looking forward to working with the East GTA Family Health Group and its IT Committee to assist its doctors in delivering the highest quality health services, while improving the efficiency of their practices," said Justin Belobaba, President and CEO of Healthscreen.
About Healthscreen Solutions
Healthscreen Solutions (www.healthscreen.com) provides a comprehensive suite of practice enhancing products and services to increase physician productivity and revenue while reducing costs and improving patient care. The Company's portfolio includes billing and scheduling software, electronic medical records software, CallerMD which assists physicians in managing a range of uninsured medical services, PrevCareMD which helps physicians earn supplemental income by achieving government-set preventive care targets, and HealthAlert which allows physicians to help their patients in managing complex healthcare issues. Healthscreen's and its partners' services and software are used by over 8,000 full-time physicians who are responsible for the health care of more than seven million Canadians.
(C) 2009 Healthscreen Solutions Inc. All Rights Reserved. All other trademarks and trade names are the property of their respective owners.
Disclaimer: Forward Looking Statements
This press release contains information that is forward looking information with respect to Healthscreen within the meaning of Section 138.4(9) of the Ontario Securities Act and other applicable securities laws. In some cases, forward-looking information can be identified by the use of terms such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict", "potential", "continue" or the negative of these terms or other similar expressions concerning matters that are not historical facts. In particular, statements about future revenues or profitability, including the estimated timing of profitability, and any other statements regarding Healthscreen's future expectations, beliefs, goals or prospects are or involve forward-looking information.
Forward-looking information is based on certain factors and assumptions. While the company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. Forward-looking information, by its nature necessarily involves risks and uncertainties, including risks and uncertainties relating to government regulation and funding in the healthcare industry, financial and capital market risks, technology development and adoption, Healthscreen's ability to maintain its competitive position and effectively implement it's acquisition strategy, liability for software malfunction, management of growth, and length of sales cycles. Additional risks and uncertainties affecting Healthscreen can be found in Healthscreen's 2008 Annual Report and Management's Discussion and Analysis for the Fiscal Year ended September 30, 2008 filed on SEDAR at www.sedar.com. If any of these risks or uncertainties were to materialize or if the factors and assumptions underlying the forward-looking information were to prove incorrect, actual results could vary materially from those that are expressed or implied by the forward-looking information contained herein. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof. Trading in the securities of Healthscreen should be considered highly speculative.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
| CONTACT INFORMATION: Healthscreen Solutions Inc. |
President and CEO
1-866-534-DOCS ext. 7015
| INDUSTRY: Computers and Software - Software, Medical and Healthcare - Alternative, Medical and Healthcare - Healthcare |