LOS ANGELES, March 6, 2013 (GLOBE NEWSWIRE) -- MediSwipe Inc. (www.MediSwipe.com) (OTCQB:MWIP), a patient security solutions and financial products company for the medicinal marijuana and health care industry, today announced the launch of an enterprise-wide patient and caregiver tracking solution available in the cloud, making it even easier for provisional centers, pharmacies, dispensaries and medical practices to improve patient registration and reduce delays in care delivery. The cloud based application launch and first patient cards are the first proprietary system of its kind and is expected to be live to first clients late next week.
With MediSwipe's model, registered users will access the cloud based software through a web browser, while the infrastructure and platform is managed on servers at a remote location. Strict regulatory compliance policies and technology protect patient data, the infrastructure and MediSwipe clients.
The new service will serve as a platform from which caregivers and medical providers across legal jurisdictions can match patient and provider identifiers and integrate information across network systems in order to support Meaningful Use and health information exchange, which require patient information to be updated and accurate.
In addition to providing the first HIPAA compliant solution for the industry, the MediSwipe application also enables caregivers and providers of medical marijuana to:
- Facilitate health information exchange by accessing one source for patient index information;
- Determine the correct thresholds for patient matching with licensed caregivers by analyzing a thorough sampling of patient data and an assessment of the current medical need;
- Enhance patient safety by leveraging comprehensive and accurate patient information; and
- Save time on management and training compared to the resources invested with on-premise solutions.
"Today, the medical marijuana sector has limited resources and antiquated methods for identifying patients and providers and recording patient information. The multiple systems in place, combined with a very fragmented sector along with new Federal and state regulations do not communicate with one another and prevent providers from integrating data across systems," stated B. Michael Friedman, CEO of MediSwipe.
In response to this challenge, MediSwipe's cloud-based solution and digital patient records cards will make data integration across applications and with external entities possible by uniquely identifying patient and provider information. It automates the matching process through algorithms that verify patient and provider identifiers so care providers can create accurate patient records necessary as they exchange and maintain correct patient throughout the healthcare ecosystem.
"As the number of people applying for state ID cards and visiting medical marijuana providers continues to increase, a cloud-based approach offers greater scalability and flexibility so organizations can prepare for a new era of healthcare where exchange is necessary," continued Friedman. "With this solution, providers can mitigate both safety and care-oriented risks associated with overlapping data, while at the same time making the data more valuable to their operations."
About MediSwipe Inc.
MediSwipe Inc. (www.MediSwipe.com) provides innovative patient solutions for electronically processing transactions within the healthcare industry. MediSwipe provides terminal-based service packages and an integrated Web Portal add-ons for physicians, clinics, hospitals and medical dispensaries that include: digital patient records, Electronic Referrals, Credit/Debit Card merchant services, Check Guarantee and Accounts Receivable Financing.
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of MediSwipe Inc. to be materially different from the statements made herein.