HAUPPAUGE, N.Y., May 27, 2010 (GLOBE NEWSWIRE) -- Patient Access Solutions, Inc. (Pink Sheets:PASO), an emerging provider of healthcare/financial processing technologies for the healthcare and home care industry, today announced a Cross Marketing agreement with MedLink (OTCBB:MLKNA), a leading healthcare IT provider of Electronic Health Record (EHR), practice management, and clinical integration software to the medical community. The partnership will provide a natural synergy of combined solutions between the companies that will enable enhanced information exchange capabilities to increase the efficacy of the RHIO (Regional Health Information Organization) Financial Sustainability Model by integrating Patient Access Solutions claims, reporting and payment modules into the MedLink TotalOffice solution.
"Patient Access Solutions and MedLink have both benefited from being strong, healthcare solutions providers for many years, and this agreement is a natural extension of that business model," said Bruce Weitzberg, President and CEO, Patient Access Solutions. "In addition to its proven track record in the EMR industry, MedLink will provide the IT mechanisms necessary for PAS to continue to innovate and grow, which will benefit current and future customers and investors. The eventual integration of the PAS claims and payment modules into MedLink enables PAS to continue to refine its focus on its strategic businesses and the clients of those businesses."
"This agreement is a significant addition to MedLink's efforts to become a leading provider of EMR solutions," said Ray Vouno, President and CEO, MedLink International. "We will invest the necessary resources to make this PAS integration successful. PAS has a significant base of customers and relationships that will bring immediate benefits in the way we at MedLink offer our products and services; PAS has significant customers that will be exposed to our Lab and EHR products and I look forward to working with PAS as we move forward with our relationship."
About MedLink
MedLink is a healthcare IT company that provides the medical community with products and services designed to help create, manage, and share medical information. The company's flagship product, MedLink TotalOffice EHR 3.1, a CCHIT Certified® 08 Ambulatory EHR, provides physicians with full EHR and practice management functionality. For more information regarding MedLink's products and services, please visit http://www.medlinkus.com/.
About Patient Access Solutions, Inc.
Patient Access Solutions, Inc. (PAS) is a Healthcare Solutions Company which has created a formidable array of technology, resources and allies to enable it to become an agent of radical change in what has traditionally been a slowly evolving healthcare information technology environment. The Company's products are designed to allow health care providers an easy migration to the EMR environment. Among these products are D-PAS, which is a state-of-the-art digital pen and paper technology based on Anoto technology, used to capture hand written information into digital forms and EMR systems and PAS Data Center, which is a terminal solution that allows health care providers to quickly and easily determine benefit eligibility. More information on Patient Access Solutions, Inc. and its products can be viewed at www.pashealth.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, the following: general economic and business conditions; competition; unexpected changes in technologies and technological advances; ability to commercialize and manufacture products; results of experimental studies; research and development activities; changes in, or failure to comply with, governmental regulations; and the ability to obtain adequate financing in the future. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of Patient Access Solutions Inc. Securities and Exchange Commission filings available at http://www.sec.gov.
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