LOS ANGELES, CA -- (Marketwire) -- 06/29/12 -- MMRGlobal, Inc. (OTCBB: MMRF) ("MMR"), a leading provider of Personal Health Records (PHRs) through its MyMedicalRecords.com and MMRPro document management and imaging systems, believes the Company will benefit from the U.S. Supreme Court's decision upholding the major elements of the 2010 Affordable Care Act ("ACA"). MMR has issued, pending and applied for hundreds of health IT patents which combine an integrated communications platform to enable easy online access to patient medical records that are expected to increase revenue of the publicly traded Company from the momentum in health IT and money flowing into the healthcare system.
Though separate from the HITECH Act, the Supreme Court's ruling to uphold healthcare reform is a shot in the arm for the health IT industry and MMR. One of the biggest challenges for the Company has been getting consumers to understand the importance of having and maintaining a Personal Health Record. MyMedicalRecords enables patients to have all of their family's medical records (including their pets) in one consolidated place where they can be accessed and shared wherever and whenever needed, especially in an emergency.
According to Robert H. Lorsch, Chairman and CEO of MMRGlobal, "The Supreme Court hearings and now yesterday's ruling brought the subject of healthcare front and center to the American people. More than 32 million additional individuals will soon be able to obtain health insurance yet with that comes the need for greater responsibility for improving their health and controlling the costs of their care. The best way to make patients part of that process is through the use of a Personal Health Record. With health reform now moving forward more directly, we believe we will see increased demand for both our consumer-controlled Personal Health Record and the MMRPatientView portal integrated with MMRPro and physician EMR systems. First HITECH and now healthcare reform are two big reasons why MMRGlobal is in a category of investment worth looking at right now."
Although separate from incentives in the HITECH Act, the Affordable Care Act also rewards providers for successful patient outcomes while employees participating in certain employer wellness programs are also rewarded with cash and other incentives. However, these types of patient outcomes and rewards can only happen if patients are actively part of the care process through the use of a Personal Health Record to monitor the results of lifestyle changes they are making.
Most Popular Stories
- Ex-Mobster to Bulger: Just Say Sorry
- Google Stock Split Ahead
- Guns Are Hot in California
- OSH Selling Most of Its Stores to Lowe's
- Honda Says Sorry About the Lack of Electric Fits
- MillerCoors Taps New Hispanic Ad Agency
- El Paso Symposium Offers Help to Startups
- First Person Cured of AIDS Virus Wants to Help Others
- Small Businesses Hiring, but Worry About Expense
- LULAC Convention Starts With Focus on LGBT Youth