SOURCE: MMR Information Systems, Inc.

MMR Information Systems, Inc.

March 18, 2010 06:17 ET

MMR Information Systems, Inc. CEO Answers Parade Magazine Article Citing Electronic Health Records Study

LOS ANGELES, CA--(Marketwire - March 18, 2010) - Robert H. Lorsch, Chief Executive Officer of MMR Information Systems, Inc. (OTCBB: MMRF) ("MMR") in a presentation to a large Los Angeles-based Otolaryngology - Head and Neck Surgery Practice Group regarding the Company's professional products and services, commented on an article that appeared in the Sunday, March 14 issue of Parade magazine published in newspapers throughout the United States. The article cited a Harvard Medical School study contending Electronic Health Records do not save money for hospitals or doctors. "It's simply not accurate," said Lorsch. "Any move towards deployment and integration of EMR Systems will save hospitals and doctors money if managed properly." 

"Three years ago there was a Senator Edward Kennedy-sponsored Health IT bill, SB 1693, that was co-sponsored by then Senators Hillary Clinton and Barack Obama, and other Senators that included Mike Enzi and Orrin Hatch, and the introduction cited the Rand Corporation study projecting efficiency gains of more than $346 billion a year from the adoption of Health IT systems," said Lorsch. "With the significance of those projections, how could an EHR not save money? With more than $300 billion a year, there ought to be a way to make an EHR system pay off. The problem is that implementing most any EHR systems requires a healthcare professional to change the way they practice medicine to accommodate the needs of the System instead of the Patient."

Lorsch is especially interested in seeing Electronic Health Records work. Healthcare professionals who go to www.mymedicalrecordsonline.com/videos can learn about MMRPro, a cost-effective solution that lets doctors take advantage of Electronic Health Records with an easy-to-use entry level system. "MMRPro lets doctors and nurses and other healthcare professionals focus on the symptoms of their patients rather than an error message on a screen," Lorsch said. 

MMRPro, at www.mymedicalrecordsmd.com, introduces the convergence of paper and Health IT to the digital age by providing document management, E-Prescribe and the patient chart management portion of an EHR with minimal interruption to the way offices treat their patients. Additionally, MMRPro is one of the only Health Information Systems that is compatible with any system for Electronic Medical Records or Personal Health Records today. The MMRPro platform is integrated in an MMRPro520 System, which combines the latest in Kodak imaging technologies with a system designed specifically to bring hospitals and doctors' offices into the digital age.

MMRPro also enables patients to have real time access to a copy of their own Personal Health Record, a feature required under the HITECH Act for physicians to qualify for certain government Stimulus programs. However, since government programs force physicians to treat Medicare and Medicaid patients to qualify for Stimulus funds, MMRPro includes its own Stimulus Program that reimburses physicians regardless of who they treat. It reimburses healthcare professionals for the cost of sending patients a copy of their records, a practice accepted and budgeted in most states. In fact, the MMRPro Stimulus Program can easily pay for the cost of an MMRPro system by getting patients involved in the treatment process and cost of their family's care.

"The real problem in the medical profession is how to manage the mounds of patient charts bursting out of folders and stacks of records piled high to the ceiling in storage boxes," said Lorsch. "Paper is literally choking hospitals and doctors' offices -- with more than 2.4 trillion pieces of paper being generated in the medical profession each year -- enough paper to circle the earth 18,000 times." Astronaut Buzz Aldrin, who serves on the Company's Board of Advisers, made this point at the recent HIMSS convention. He appeared on behalf of MMR Information Systems to help call attention to how MMRPro responds to the costly and time-consuming challenge of digitizing paper-based medical records.

"It is easy to argue the case that EMRs do not work when hospitals pour billions into EMR systems and advertising them in a quest for an improbable ROI. Maybe they should use some of this money to reduce healthcare costs and provide for more comprehensive patient care," said Lorsch.

More than 70% of doctors still have not adopted any EHR system for their practice. In 2007, healthcare technology represented 54 percent of all deals in the healthcare industry totaling $172.9 billion. In 2009, healthcare spending reached $2.5 trillion, 17.3 percent of GDP, and is expected to reach 19.3 percent of GDP by the end of the decade.

For more information, visit www.mymedicalrecordsonline.com/videos, www.mymedicalrecords.com or www.mymedicalrecordsmd.com.

About MMR Information Systems, Inc.

MMR Information Systems, Inc., through its wholly-owned operating subsidiary, MyMedicalRecords, Inc. ("MMR"), 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, unions and professional organizations and affinity groups. MyMedicalRecords 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. The MyMedicalRecords Personal Health Record 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. MMR is an Independent Software Vendor Partner with Kodak to deliver an integrated turnkey EMR solution for small to mid-size physician practices. MMR clients include AFL-CIO, Alexian Brothers Hospital Network, Coverdell, LegalZoom, The Latino Coalition, MedicAlert, NRA, XN Financial and others. MMR is also an integrated service provider on Google Health.

Forward-Looking Statements

Any statements contained in this press release that refer to future events or other non-historical matters are forward-looking statements. MMR Information Systems, Inc. disclaims any intent or obligation to update any forward-looking statements. These forward-looking statements are based on MMR Information Systems, Inc.'s reasonable expectations as of the date of this press release and are subject to risks and uncertainties that could cause actual results to differ materially from current expectations. The information discussed in this release is subject to various risks and uncertainties related to changes in MMR Information Systems, Inc.'s relationship with Kodak, its business prospects, results of operations or financial condition, government regulation and such other risks and uncertainties as detailed from time to time in MMR Information Systems, Inc.'s public filings with the U.S. Securities and Exchange Commission.

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