SOURCE: Healthmed Services

Healthmed Services

September 09, 2010 07:12 ET

Healthmed Optimistic; Healthcare Spending Could Reach 4.5 Trillion

SUNNYVALE, CA--(Marketwire - September 9, 2010) -  Healthmed Services, Ltd. (OTCBB: HEME), an innovative software development company, is pleased to provide an update on the Company.

Healthmed Services' longtime goal has been to provide healthcare organizations greater use of technology through optimal hardware and software solutions. The Company is currently creating products that increase efficiency and communication within the healthcare industry. Healthmed Services will eventually offer server and network solutions to health provider organizations as well as remote access via handheld devices such as the iPad for healthcare professionals.

Currently, new funds are being offered by the US Government American Recovery and Reinvestment Act of 2009 (ARRA) as loans and grants to the healthcare industry. As of June 30, 2010, the Department of Health and Human Services awarded 70 billion dollars to the industry. In addition to this, President Obama has pledged 630 billion dollars to the healthcare industry in an attempt to overhaul, modernize and transform the industry.

Director John Popovic states, "A transformation must happen in all facets, including technology; hardware and software. Healthmed Services feels there is a need for the Company's ideas and its products to assist in the progress of the overhaul. The Company feels the industry needs this sort of product to move ahead technologically to better working environments and efficiency."

You may learn more about Healthmed Services at their website;

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This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed with the Securities and Exchange Commission.

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