Healthscreen Solutions Inc.
TSX VENTURE : MDU

Healthscreen Solutions Inc.

March 12, 2009 08:00 ET

Healthscreen Signs Partnership With Mail-Order Pharmacy and Provides Update on Diabetes Management Initiative

Home Service Pharmacy to deliver drugs to participating diabetic patients

TORONTO, ONTARIO--(Marketwire - March 12, 2009) - Healthscreen Solutions Inc. (TSX VENTURE:MDU), the leading Canadian provider of physician practice enhancement services and electronic medical record software, has partnered with Home Service Pharmacy, a mail-order pharmacy based in Burlington, Ontario. Under the terms of the non-exclusive partnership, Home Service will deliver prescription drugs on behalf of Healthscreen to patients electing for a home delivery option during the diabetes management pilot study.

Earlier in 2009, Healthscreen announced a three-month pilot of its diabetes management service aimed at helping physicians deliver a higher level of patient care. The service allows individuals with diabetes to record and monitor key health statistics on a real-time basis, leading to more precise tracking and trending of the impact of their daily behaviors such as diet and exercise, as well as adherence to prescription drugs. In addition, nurses trained in diabetic care provide counseling to patients and help them schedule and manage their various appointments with labs and specialists.

The initial revenue opportunity in the diabetes management service for Healthscreen is the recruitment of patients for prescription drug delivery, which makes partnerships such as the one signed with Home Service, essential to the financial success of the service if it is commercialized. To date, Healthscreen has completed installation of diabetic management systems in fifty patient homes, and expects to complete the remaining fifty installations by mid-April 2009, and has successfully coordinated the first drug delivery through the mail. Initial feedback from patients has been very positive and encouraging.

"Partnering with an established mail-order pharmacy, with the infrastructure, capacity and knowledge required to deliver prescription drugs is integral to the success of our diabetes management program," said Justin Belobaba, president and CEO of Healthscreen. "Giving patients the option to have prescription drugs delivered to their doorstep adds another valuable element to the diabetes management program, and we hope to form similar partnerships going forward, as we continue to enhance this service."

About Home Service Pharmacy Inc.

Home Service Pharmacy Inc. is a full-service pharmacy that specializes in chronic condition medications and prescription home delivery. With patient safety, service, and satisfaction at the forefront of its vision, the Home Service model offers a unique and flexible range of patient-centered services that can be readily tailored to meet the changing needs of diverse patient populations across Canada.

Located in Burlington, Ontario, Home Service Pharmacy currently services a large base of diabetic clients via its innovative relationship with the Prevention Plus chronic condition management program.

About Healthscreen Solutions

Healthscreen Solutions (www.healthscreen.com) provides a comprehensive suite of practice enhancement 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 seven million Canadian patients. For more information, visit www.healthscreen.com.

(C) 2009 Healthscreen Solutions Inc. All Rights Reserved.

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 theses 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. Assumptions made in making forward looking statements in this release include the successful implementation of Home Service Pharmacy with Healthscreen's diabetic management service and continued market adoption of our Physician Services offerings generally. 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 it's 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 First Quarter ended December 31, 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. Healthscreen or revise any forward looking statements, whether as a result of new information, future events or otherwise. 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.

The TSX Venture Exchange has in no way approved nor disapproved the contents of this new release.

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