SOURCE: Visual Healthcare Corp.

March 29, 2011 12:02 ET

Visual Healthcare's New Platforms Will Support Applications for Managing Chronic Conditions

RENO, NV--(Marketwire - March 29, 2011) - Visual Healthcare Corp. (the "Company") (PINKSHEETS: VSHC) announces that some of the new web based software platforms it has been developing will have the capacity to enable flexible light applications to help physicians bring down the cost of following patients suffering from chronic conditions. A new generation of efficiency applications will have to be deployed if U.S. health costs are to be contained, ranging from elimination of duplication to better home care monitoring of seniors.

Many different disease management programs attempted over the past two decades have been unsuccessful in trying to help providers and caregivers manage conditions which affect large sections of the population in a chronic, systematic fashion. Management of chronic illness has long been thought to benefit from information database technology.

It has long been common knowledge that chronic conditions may in fact represent and affect an inordinate slice of American healthcare spending. A recent study in the October 2010 issue of McKinsey Quarterly, published by McKinsey & Co., postulated that up to three quarters of all healthcare expenditures may stem from chronic conditions. The authors of the study, Dr. Stefan Brandt, PhD, Dr. Jan Hartmann, MD, and Dr. Steffen Hehner, PhD, make a strong case for the need to bring these costs under control.

"We need technology based solutions so physicians can save time and cost in treating chronic diseases," says Visual Healthcare Chairman Gerard Dab. "We intend to provide tools that can support the wide array of distinct applications that will be required to bring down the cost of caring for some 100 million Americans who suffer from well-known chronic illnesses."


Visual Healthcare Corp., since 1998, designs, creates and develops innovative information platforms, specifically conceived for the automation of a wide range of scientific disciplines. These include pharmaceutical research, clinical trials, laboratory automation, true quality assurance tools, total quality control applications, and quantitative analytic tools such as proprietary frameworks for electronic health records, electronic prescription, infection and disease control, and smart cancer registries. The company's extensive portfolio of proprietary technologies is the result of a unique collaboration between senior clinicians from the McGill University Faculty of Medicine and affiliated tertiary care centers, medical software architects, and a Fortune 100 healthcare service company, investing some $50 million in the process. The Company licenses its technology to operating companies in exchange for an equity stake or a royalty stream. It owns significant stakes in various companies including VisualMED Clinical Solutions Corp., (PINKSHEETS: VMCS), a leader in the field of smart electronic health records.

Complete information on the company's history and financial position can be found in its annual and quarterly disclosure statements filed with OTC Markets.


Except for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of the Company. These statements are based on suppositions and uncertainties as well as on management's best possible evaluation of future events. Such factors may include, without excluding other considerations, fluctuations in quarterly results, evolution in customer demand for the Company's products and services, the impact of price pressures exerted by competitors, and general market trends or economic changes. As a result, readers are advised that actual results may differ from expected results.

Contact Information

  • Contact:

    Gerard Dab
    Visual Healthcare Corp.