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Technology Stocks : VeriFone Holdings, Inc. (PAY)
PAY 36.16+1.9%3:59 PM EST

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From: JakeStraw3/24/2009 7:58:00 AM
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VeriFone eHealth Initiative Extends German Market Presence
finance.yahoo.com
Monday March 23, 2009, 4:37 pm EDT

Leader in US Health Payments Market Since 1995 Targets Burgeoning German Demand for Healthcard Systems and Expertise

SAN JOSE, Calif., March 23 /PRNewswire-FirstCall/ -- VeriFone Holdings, Inc. (NYSE: PAY) today announced a new initiative designed to meet growing demand in Germany for electronic health card systems. As the leader of payment and value-added applications in the US market since 1995, VeriFone brings a broad product portfolio and years of experience to meet the needs of healthcare organizations striving to meet Germany's eHealth goals.

Germany has begun a major eHealth initiative that ties together health providers, pharmacies and insurers with a consumer electronic health card (eCH), aimed at migrating consumer health care information and payment needs to a national communications network based on electronic chip card. Led by Gematik, a management organization comprised by leading German health organizations, the system combines insurance eligibility, electronic prescriptions and electronic medical records on a consumer smart card.
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