Lifespan Eyes Booster Shot for Electronic Medical Records

By admin | March 26, 2009
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Submitted by SmallCapVoice.com

Lifespan Inc. (Pink Sheets:LSPN) (www.lifespaninc.com) Lifespan announces that as a result of the recently approved $20 billion devoted to Healthcare IT in the Stimulus Package, Dr. Quyami the Company’s Chief Scientist has determined to focus on utilizing the Lifespan System to create a HIPAA compliant Electronic Medical Record (EMR) for each person prescribed or utilizing Lifespan’s medical peripherals. The Company’s goal is to create a comprehensive program that will incorporate the results of testing systems into a web based EMR that will be instantly accessible by Patients, Physicians and other Providers.

Mr. Stuart Brame, the Company’s Chief Information Officer said, “The combination of the potential stimulus funding and the patents, technologies and medical scientific breakthroughs related to home health care that Dr. Qayumi and the Centre of Excellence for Surgical Education & Innovation (www.cesei.org) bring to the table certainly create opportunities for Lifespan. I am particularly excited about furthering the development of the ‘virtual patient’ which leads directly to the development of interactive 3D electronic medical records.”

President Obama’s Stimulus Package provides $20 billion to health care IT and pushes government agencies, doctors and hospitals to adopt Electronic Medical Records (EMR) and get medical records online. This is exactly the kind of impetus the Medical Industry needs to commence implementation of advanced technical solutions to the current healthcare morass. The goal is make sure your doctor has instant access to all your current medical information.

It is currently estimated that only 15 to 20 percent of physician offices and 20 to 25 percent of hospitals use electronic medical records, according to a study by the Rand Corp., a think tank based in Washington, D.C. This study estimates that EMR could save more than $77 billion in efficiency costs a year by reducing patients’ length of stay and doctors and nurses administrative tasks.

A new study shows that hospitals are way behind the curve in that effort. A Harvard study finds less than one in 10 hospitals has electronic records with doctors notes, patient’s allergies, shot records, x-rays, and prescriptions and few are able to communicate outside the building. Meaning, when you go to the emergency room they likely can’t pull down the records of what happened when you saw your physician last week.

Lifespan Inc.
Stuart Brame, 310-425-5731
Corporate Communications
stuartbrame@yahoo.com
www.LifespanInc.com

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