Wal-Mart Pilots CyberCare System to Monitor Chronically Ill Employees
BOYNTON BEACH, Fla.--(BW HealthWire)--July 19, 2001--CyberCare, Inc. (Nasdaq:CYBR - news) today announced that Wal-Mart Stores, Inc. has agreed to participate in a pilot program utilizing the CyberCare System(TM) to monitor employees with chronic illness.
The CyberCare System, which consists of the Electronic Housecall® (EHC(TM)) family of products, the CyberCare 24 Network(TM), and the Cyber HealthManager(TM), will initially be installed for 10 Wal-Mart ``Associates'' (the term Wal-Mart uses for its employees) diagnosed with chronic conditions and selected to participate in the program, to assist in monitoring their medical condition. Wal-Mart is a self-insured employer that manages the cost of medical care for its Associates. The pilot is expected to begin in August.
Depending on the type of EHC unit installed, the CyberCare System will allow Wal-Mart Associates participating in the pilot to transmit medical data, such as blood pressure, blood oxygen, pulse, blood sugar, body temperature and/or body weight, for review by a caregiver located in a geographically remote location, as well as permit the Associate and the caregiver to communicate with each other and some using real-time videoconferencing.
There are a number of self-insured employers like Wal-Mart that manage the care delivery and associated health care costs of their employees, according to Michael E. Lemnitzer, vice president of business development for CyberCare.
``With the continuing increase in health care costs, employers must find ways to enhance cost efficiencies and clinical management of their chronically ill employees,'' Lemnitzer said. ``We are very encouraged that Wal-Mart shares our vision and we commend them for their efforts toward improving the health care benefits offered to their employees.''
About CyberCare, Inc.
CyberCare, Inc. is a network-based telehealth solutions company improving the delivery of care through its Internet-based technology. CyberCare creates a live, interactive community that incorporates all members of the care team in the healthcare delivery process, resulting in cost reduction and improvement in the quality of patient care. Utilizing patented technology for remote monitoring and real-time interactive communications between chronically ill patients and their providers, CyberCare's Electronic HouseCall® System allows for effective and efficient data collection, case management and personal interaction. Headquartered in Boynton Beach, Fla., CyberCare also has physical, occupational and speech therapy businesses and an institutional pharmacy. Visit CyberCare's Web site at cyber-care.net.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, product acceptance and effectiveness, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.
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