VeriChip Corporation Re-Launches its VeriMed Health Link Electronic Health Records System
24 8월 2009 - 11:30PM
Business Wire
VeriChip Corporation (NASDAQ:CHIP) ("VeriChip" or the
"Company"), a provider of radio frequency identification (RFID)
systems for healthcare and patient-related needs, announced today
that it is re-launching its VeriMed™ Health Link electronic health
records system. The Company believes its history and expertise in
patient identification and EHRs will position it to benefit from
stimulus funds provided under the American Recovery and
Reinvestment Act (ARRA) of 2009, which authorized $23 billion in
spending for healthcare information technology, with a
concentration on the implementation and adoption of EHRs.
In 2004, the Company received FDA clearance of its VeriMed™
Health Link patient identification system, incorporating the
implantable RFID microchip (the VeriChip), a handheld scanner for
emergency room personnel and an online, electronic, personal health
record. In early 2008, the Company changed the name of this system
to Health Link and has enrolled a total of 536 patients in the
Health Link EHR.
In July 2008, the Company sold a significant portion of its
assets to The Stanley Works and substantially diminished its
marketing efforts related to the Health Link system. In November
2008, the Company's former Chairman and CEO, Scott R. Silverman,
purchased a majority ownership position in the Company. Since then,
management has examined a wide array of business opportunities
including, but not limited to, re-launching the Health Link EHR. In
July 2009, the Company received $4.4 million previously held in
escrow related to The Stanley Works transaction.
Commenting on the re-launch of Health Link, Mr. Silverman,
VeriChip's Chairman, stated, "For years, VeriChip has been an
outspoken proponent of a nationwide, interoperable electronic
health records system to decrease medical errors, reduce costs for
providers and insurers, and ensure the best standard of care for
patients. Since our FDA clearance in 2004, we have been recognized
as a leader in patient identification and electronic medical
records and have played a significant role in their evolution. Not
only do we offer a robust and stable, fully functioning EHR, but
VeriMed Health Link offers the only secure means to access
electronic health information that is guaranteed to always be with
the patient."
Silverman continued, "As the Company moves forward with a
comprehensive platform of identification technologies and tools,
starting the process with our existing Health Link EHR is only
logical."
As part of the federal government's Health Information
Technology (HIT) initiative, led by its National Coordinator Dr.
David Blumenthal, a significant grant program has been deployed to
evolve electronic health records and the 21st century health care
system. VeriChip Corporation believes it is well positioned to
benefit from federal grants given to physicians and hospitals in
order to evolve not only its own Health Link EHR, but, more
importantly, the overall goal of a universal medical record with
full functionality, interoperability and portability.
The Company has begun a process to ensure that its EHR is
compliant with the certifications set by the Certification
Commission for Health Information Technology (CCHIT), thereby
enabling those physicians and hospitals that utilize the Company’s
EHR to qualify for stimulus funding.
About VeriChip Corporation
VeriChip Corporation, headquartered in Delray Beach, Florida,
has developed the VeriMed™ Health Link System for rapidly and
accurately identifying people who arrive in an emergency room and
are unable to communicate. This system uses the first
human-implantable passive RFID microchip, cleared for medical use
in October 2004 by the United States Food and Drug Administration.
To complement its healthcare division, VeriChip Corporation
established VeriGreen Energy Corporation in March 2009 to focus and
invest in the clean and alternative energy sector.
For more information on VeriChip, please call 1-800-970-2447, or
e-mail info@verichipcorp.com. Additional information can be found
online at www.verichipcorp.com.
Statements about VeriChip’s future expectations, including its
ability to benefit from federal stimulus funding, and all other
statements in this press release other than historical facts are
“forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933, Section 21E of the Securities Exchange
Act of 1934, and as that term is defined in the Private Litigation
Reform Act of 1995. Such forward-looking statements involve risks
and uncertainties and are subject to change at any time, and
VeriChip’s actual results could differ materially from expected
results. Additional information about these and other factors that
could affect the Company’s business is set forth in the Company’s
various filings with the Securities and Exchange Commission,
including those set forth in the Company’s 10-K filed on February
12, 2009, under the caption “Risk Factors.” The Company undertakes
no obligation to update or release any revisions to these
forward-looking statements to reflect events or circumstances after
the date of this statement or to reflect the occurrence of
unanticipated events, except as required by law.
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