SOURCE: iMedicor

September 08, 2010 10:00 ET

iMedicor Launches Phase I of The National Healthcare Communications Network

USA MCO, Physicians Alliance of America, and PASHealth Join iMedicor to Offer New Subscription Service Priced at $24.95 per Month

NANUET, NY--(Marketwire - September 8, 2010) -   iMedicor (OTCBB: VMCI) announced today the launch of The National Healthcare Communications Network. The Network will allow the transport of HIPAA-compliant secure messaging with attachments (medical records, files and images), a social portal that encourages peer collaboration and expansion of inbound and outbound referrals, and access to the largest collection of certified Continuing Medical Education programs, staff and skill level development programs and product/device-specific educational resources.

The initial marketing of this service will begin immediately to select groups within the total targeted base of over 500,000 physicians and their practices, all of whom are registered users of iMedicor's network partners. The Network will serve as a secure, Internet-based upgrade to the communications between the various user bases of those partners. Regular subscription licensing is priced at $24.95 per month per practice for unlimited use of the Network. Within a physician practice, any number of non-licensed staff members can be included under the original physician's subscription at no additional cost.

"The National Healthcare Communications Network will address several areas within the 'Meaningful Use' regulations coming out of Washington, especially in the areas of interoperability, security and access to patient information by qualified sources," said Fred Zolla, CEO of iMedicor. "Initial market research has demonstrated to our partners and to us, internally, that an upgrade to the current state of healthcare communications is not only needed, but also highly desirable throughout the medical community. We believe the widespread adoption of The National Healthcare Communication Network by physicians will provide a major step forward in creating interoperable HIPAA-compliant communications throughout the healthcare community."

iMedicor expects a 20 percent early adoption rate over the next several months with consistent growth on a month-to-month basis as the transition from a paper to a digital medical record system becomes a reality.

About iMedicor:

iMedicor is the only HIPAA-compliant solution for interoperable health information exchange (HIE) that offers a variety of related services to healthcare providers and patients. The iMedicor portal enables physicians, administrators and other qualified healthcare professionals to exchange medical records, files and images in a HIPAA compliant environment and allows disparate EMR (electronic medical record) systems to integrate and share data. iMedicor also delivers important information on new drugs and treatments to its members as well as the members of its syndicated partners through their ClearLobby platform. More information on iMedicor is available at www.imedicor.com

The statements contained herein, other than historical information, are or may be deemed to be forward-looking statements and involve factors, risks, and uncertainties that may cause actual results in future periods to differ materially from such statements. These factors, risks, and uncertainties include market acceptance of iMedicor's products and services; the nonexclusive and terminable-at-will nature of certain of the company's partnerships and agreements; rapid technological change affecting demand for our products and services; competition from companies providing similar products and services, availability of sufficient financial resources to enable us to expand our operations, as well as other risks detailed from time to time in our filings with the Securities and Exchange Commission.

Contact Information

  • Investor and Media Contact:
    Craig Stout
    Chief Operating Officer
    (845) 356-5211
    cstout@vemics.com