MyMedicalRecords PHR (MMRGlobal) Provider and Patient Value Continues to Grow As 63% Of Physicians Continue to Rely on the Fax
Posted Aug 06 2012 11:50am
The fax today in healthcare still plays a very important role with doctors, hospitals,etc. Granted over the years the fax capabilities have grown and in the early days who would have ever thought that faxing and the internet would come together, well they have, actually many years ago. Myself I dumped the “fax machine” I want say around 2000 or and utilize internet faxing. I still have individuals who send me information via a fax machine as well though as it is what is available and accessible. The fax is still alive and well and just got better with the internet.
One other issue to consider with faxing is privacy and this area has been one of the long time HIPAA compliance methodologies. A while back I wrote about the value of a PHR and personally myself if you read at the Medical Quack often enough then you know I have been an avid supporter of PHRs and you can read the section that has over 400 posts on this topic that date back to when the PHR was born. Below is another link to a story of interest that also states how one Veteran was able to access his medical records in the midst of a down system at Walter Reed. MyMedicalRecord allows you to get your records and store them for access as well with the Blue Button from the VA. With the government making this option available many have downloaded their records to store in a PHR. I have helped a few through this process as when you use one yourself instead of being repetitive of what’s on the web, you can clearly see the value yourself.
Below is a press release from MMRGlobal/MyMedicalRecord.com that further discusses their options and benefits offered to the consumer, and how integration with EHRs such as 4Medica continues to grow and MyMedicalRecord offers integrated solutions for providers based on additional patented technologies such as voice mail that create a full rounded solution, easy enough and simple to understand.
I have spoken several times on the topic and believe it or not, seniors really get this and a few years ago when I spoke in Newport Beach before many of the newer technologies were available, several were already carrying around their medical records on a USB stick and what we have today with storing online is yet even better as you don’t have to worry about losing a USB drive either. When you have a few moments you can use the link at the top of the page and explore what MyMedicalRecords has to offer for both patients and providers. BD
Press Release: LOS ANGELES, CA, Aug 06, 2012 (MARKETWIRE via COMTEX) -- MMRGlobal, Inc. MMRF-5.71%("MMR") today called attention to the annual National Physicians Survey showing that fax remains the predominant form of communication for 63% of healthcare providers. MMRGlobal owns numerous worldwide patents encompassing hundreds of claims for the use of fax in Health IT. An article in the August 3, 2012 edition of Healthcare IT News entitled "Getting the Fax Straight" goes into detail about the survey and why fax technology will stay as an important feature in the healthcare industry for at least a decade as it evolves to widespread use in heath IT and specifically Electronic Medical Record systems (EMRs).
The article and survey underscore the value of MMRF to investors since telephony and fax make up the backbone and infrastructure of the Company's patented products and services including its MyMedicalRecords Personal Health Record (PHR) and MMRPro professional document management systems. MMR's patented systems integrate telephony, fax and the Internet combined with proprietary delivery, access and encryption technologies which means that MMR products and services provide the only system of its kind that can easily connect to any doctor, hospital or healthcare professional and patient in the world.
The Company's patents also cover the transmission of medical records faxed to a Personal Health Record through most inbound fax services including those found in mobile applications for Android and iPhones and systems such as those found in Visual Voice Mail where fax is also received. In addition, the MMR platform features special patient privacy controls which provide paramedics and early responders access to permission-based patient files in an emergency through a separate emergency access portal. The newest patent also provides for patients to receive voice communications messages from healthcare providers through their PHR account.
Bob Lorsch, Chairman and CEO of MMRGlobal, said, "Hundreds of billions of dollars are being spent globally to find ways to efficiently connect healthcare providers and patients. The one word everyone forgets is standardization. In the 1980s we saw the breakup of AT&T as part of a plan to standardize telecommunications and create a competitive market for the then Bell Operating Companies. In 2012, it still has not happened and the Regional Bell Operating Companies are all but gone. In the world of health IT, the only piece of standard equipment found in any hospital or doctor's office is the fax.
Even the survey points out that only one out of three physicians use a laptop, 20% use smartphones and 12% use iPads in their practices while all continue to use some form of fax. It was that way when we founded MMR and applied for our patents and it's still that way today. Fax technologies now integrate into the most advanced electronic medical records systems because that is the standard the majority of physicians still want to use."
The Company already has three patents issued in the United States for its "Method and System for Providing Online Medical Records" and "Method and System for Providing Online Records," and others issued in Australia, New Zealand, Singapore and Mexico. The Company's health IT portfolio also has an additional 186 claims in various stages of being issued, pending or applied for in the U.S.
Additionally, MMR has pending applications filed in numerous other countries of commercial interest around the world including Canada, Hong Kong, Israel, Japan, South Korea, and European nations. The Company also owns 40% of a Joint Venture with Unis-Tonghe Technology (Zhengzhou) Co., Ltd. in China called the "Unis Tonghe MMR International Health Management Service Co., Ltd."
The healthcare industry has already started taking note of MMRGlobal's Intellectual Property. 4medica(R), provider of the industry's leading cloud based clinical integration platform and solutions for healthcare professionals, is licensing and selling the Company's version of MMR fax services into its Integrated Electronic Health Record (4medica iEHR(R)) for secure, HIPAA-compliant inbound/outbound faxing on the 4medica EHR platform. Recognizing the importance of fax in healthcare, Oleg Bess, M.D., 4medica CEO, said, "The move to electronic medical records is inevitable, but faxing remains an important form of communication and patient data transfer."
MMRGlobal's patented PHR and professional health IT services do not resemble what most people perceive as traditional fax. The Company's software systems seamlessly connect hospitals and physicians with patients. The systems use encrypted digitized file formats over ordinary telephone and wireless networks which safely transmit medical records and other important documents from wherever they are to wherever they need to be. When a document is received by either the MyMedicalRecords PHR or MMRPro document management and imaging system, multiple alerts are immediately sent to users, which can include family members, physicians and office administrators, alerting them to the information. This notification feature helps ensure that important information by voice or fax gets securely delivered to where it needs to go when it needs to get there.
Building on its patented telecommunications infrastructure, the Company's health IT patent portfolio includes claims directed at the filing, management, navigation and accessing of Personal Health Records including dental records, children's health records, and veterinary health records for pets as well as access to potentially lifesaving data in a disaster or other emergency. They also include claims surrounding telemedicine and the channel for selling Personal Health Records in retail stores as well as claims that help ensure the privacy of a patient's most personal and confidential health records and other important documents.
The Company's intellectual property portfolio of Personal Health Record patents issued and others pending and applied for are also being utilized in the Company's MMRPro professional document management and imaging systems and MyEsafeDepositBox ( www.myesafevideos.com ) products and services.
About MMRGlobal, Inc. MMRGlobal, Inc., through its wholly-owned operating subsidiary, MyMedicalRecords, Inc., 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.
MyMedicalRecords is built on proprietary, patented technologies to allow documents, images and voicemail messages to be transmitted and stored in the system using a variety of methods, including fax, phone, or file upload without relying on any specific electronic medical record platform to populate a user's account. The Company's professional offering, MMRPro, is designed to give physicians' offices an easy and cost-effective solution to digitizing paper-based medical records and sharing them with patients in real time through an integrated patient portal. MMR is an Independent Software Vendor Partner with Kodak to deliver an integrated turnkey EMR solution for healthcare professionals.
Through its merger with Favrille, Inc. in January 2009, the Company acquired intellectual property biotech assets that include anti-CD20 antibodies and data and samples from its FavId(TM)/Specifid(TM) vaccine clinical trials for the treatment of B-Cell Non-Hodgkin's lymphoma. To learn more about MMRGlobal, Inc. visit www.mmrglobal.com . View demos and video tutorials of the Company's products and services at www.mmrtheater.com .
Forward-Looking Statements All statements in this press release that are not strictly historical in nature, including future performance, management's expectations, beliefs, intentions, estimates or projections, constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results to be materially different from historical results or from any results expressed or implied by such forward-looking statements. Some can be identified by the use of words (and their derivations) such as "need," "possibility," "intend," "offer," "development," "if," "negotiate," "when," "begun," "believe," "achieve," "will," "estimate," "expect," "maintain," "plan," and "continue," or the negative of these words.
Factors that could cause or contribute to such differences include, but are not limited to, the risk the Company's products are not adopted or viewed favorably by the healthcare community and consumer retail market; business prospects, results of operations or financial condition, including variations in our quarterly operating results; risks related to the current uncertainty and instability in financial and lending markets, including global economic uncertainties; maintaining, developing and defending our intellectual property rights; marketing and exploitation of our patent portfolio both in the U.S. and internationally; timing and volume of sales and installations; length of sales cycles and the installation process; market acceptance of new product and service introductions; ability to establish and maintain strategic relationships; relationships with licensees; competitive product offerings and promotions; changes in government laws and regulations and future changes in tax legislation and initiatives in the healthcare industry; undetected errors in our products; possibility of interruption at our data centers; risks related to third party vendors; risks related to obtaining and integrating third-party licensed technology; risks related to a security breach by third parties; litigation matters; risks associated with recruitment and retention of key personnel; uncertainties associated with doing business internationally across borders and territories; and such other risks and uncertainties as detailed from time to time in MMRGlobal, Inc.'s public filings with the U.S. Securities and Exchange Commission. The Company is providing this information as of the date of this release and, except as required by applicable law, does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise.