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Technology Stocks : Medtech Inc (MDTK)

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To: bob sims who wrote (7)3/5/1999 8:11:00 AM
From: Henry Volquardsen  Read Replies (1) of 66
 
from Bloomberg

FIRST INTEGRATED HEALTH CHOOSES E-MEDSOFT.COM TO PROVIDE TOTAL N
3/4/99 22:15

etwork Solution

Business Editors & Health/Medical/High-Tech Writers

LOS ANGELES--(BUSINESS WIRE)--March 4, 1999--e-MedSoft.com (OTC
BB:MDTK), formerly known as MedTech Inc., Thursday announced that
First Integrated Health of Torrance, Calif., has chosen e-MedSoft.com
to provide the total solution in linking and enhancing its networks of
more than 4,000 physicians, dozens of hospitals and tens of thousands
of patients.
For nearly 30 years, First Integrated Health has been an
innovative and forward-looking health-care services concern that has
been providing a wide range of specialty services throughout the
industry.
Al Escobar, chief executive officer of First Integrated Health,
commented: "The company is gratified to have e-MedSoft.com as the
solution in continuing to streamline the connection among all
constituents within the health-care industry, including payers,
insurance companies, employers, patients, physicians, nurses and ...
of course ... patients.
"We are particularly excited about the impact e-MedSoft.com will
have upon our 24-hour nurse-on-call program."
Industry leaders have noted that the marriage creates a perfect
synergy because of First Integrated's wide scope and reach throughout
the industry, including benefit plan design, administration, network
development, health-care management, billing, claims adjudication,
underwriting loss coverage and health-care recovery services.
John F. Andrews, chairman and CEO of e-MedSoft.com, stated:
"First Integrated Health has been an imaginative leader in health care
for almost 30 years, providing some of the answers to make the
industry totally seamless and cost effective.
"Clearly, the marriage between the e-MedSoft.com technology and
First Integrated Health's system will continue to make the delivery of
health care more of a patient-oriented exercise.
"While the proliferation of Web-based solutions in the industry
may have its detractors, they will become fewer and farther between so
long as there are companies like First Integrated Health which are
committed to the seamless flow of services throughout the industry as
a whole."

About e-MedSoft.com

The Java technology-based solution, called e-MedSoft.com, was
developed by HealthMed Inc. and Sanga International Inc. It is the
first subscription-based health-care management system available for
delivery through the Internet.
e-MedSoft.com is referred to as "subscription-based" because
users access the software for a small fee and a per-transaction
charge. Previously, health-care organizations would pay an upfront fee
to license software, then pay ongoing maintenance fees for upgrades
and service, with ongoing investments in hardware and software for
more features and greater capacity.
The medical software is a complete health-care management system.
Through the Internet, its Java-based integrator allows the MedTech
software to communicate across diverse platforms and languages in
unlimited capacity, allowing for the interlink of doctors, hospitals,
clinics, HMOs, insurance companies, financiers and government
agencies.
The ease and low cost with which it can be implemented, its
Internet connectivity, and its ability to allow for the exchange of
information across diverse platforms and systems bode well for its
widespread adoption by the medical community. For more information,
see mdtk.com
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