REDWOOD CITY, CA and ALBUQUERQUE, NM -- (Marketwired) -- 04/30/13 -- Net Medical Xpress (OTCBB: NMXS), a developer of medical IT solutions and services, has implemented Tely Labs' telyMed videoconferencing system as part of its new range of remote, telemedicine-based clinical and diagnostic programs for hospitals. By adding the unique capabilities of the telyMed video collaboration capabilities, Net Medical Xpress physicians can now undertake virtual live consultations, diagnoses and patient interactions, bringing beneficial and potentially life-saving specialist services to facilities where these were previously unavailable.
Since Net Medical Xpress began using the telyMed product in early 2012, the hospitals they serve have been able to avoid transferring patients to other healthcare facilities in 106 out of 114 video consult cases, a 93% success rate. These include four instances of administering the clot-busting drug tPA (tissue plasminogen activator) -- which can be fatal if not correctly prescribed -- following video diagnoses with remote specialists. So far, client hospitals have generated retained patient revenues of more than ten times the costs of the Net Medical Xpress service using Tely Labs' telyMed solution.
"The telyMed appliance is the first video calling solution that makes it simple, secure and affordable for healthcare organizations to connect to remote medical teams for potentially lifesaving interactions," said Dick Govatski, CEO of Net Medical Xpress. "If hospitals can quickly gain access to expert diagnosis, take immediate remedial action, and not disrupt patients' lives by transferring them to facilities far away from home, it's a winning formula."
Breakthrough in Affordable Telemedicine
"We believe the telyMed solution is an important breakthrough for telemedicine because it makes the benefits of video collaboration available to a far wider range of hospitals and clinics, at a fraction of the cost of legacy solutions," said Sreekanth Ravi, Tely Labs CEO. "We are very pleased that Net Medical Xpress is building telemedicine services around telyMed to deliver life-saving treatment."
Medical practitioners can use the telyMed system to connect remotely to any Skype-enabled device for consultation anytime, anywhere, as well as connect to high-end videoconferencing systems via the industry standard SIP protocol. The system also includes a remote pan, tilt and zoom feature for close examination of physical symptoms. Net Medical Xpress has integrated telyMed into its XR Express PACS software system that allows the secure exchange of medical information between healthcare facilities and remote consultants.
"For the hospitals and clinics we serve, telyMed has helped lower medical specialist response times to as little as ten minutes," says Dr. David McCraney, Chief Neurologist at Net Medical Xpress. "Without Net Medical and telyMed, it's safe to say hundreds of patients in the past year would have been denied access to potentially lifesaving medication. These patients received treatment because we offer a solution that hospitals can afford and it works."
telyMed is now available through Tely Labs' growing network of authorized resellers. telyMed is sold as a software upgrade to Tely Labs' flagship telyHD Consumer Edition and telyHD Business Edition appliances, and is priced at $299, with a $199 annual renewal fee from the second year onwards. More information can be found at www.tely.com/telymed.
Tely Labs will demonstrate the telyMed solution at the American Telemedicine Association (ATA) annual conference in Austin, TX, May 5-7, in booth #511. Net Medical Xpress will exhibit in booth #407.
About Net Medical Xpress
Net Medical Xpress (OTCBB: NMXS), develops and provides medical IT services and solutions that enable improved and faster communication within the preventative, comprehensive and critical healthcare segments. The firm employs over a hundred specialist physicians providing remote diagnostics and clinical services to thousands of facilities around the US and internationally. For more information, visit www.netmedical.com or www.nmxs.com or contact Dick Govatski, president and CEO, at 505-255-1999 or email@example.com.
About Tely Labs
Founded in 2010 by the successful entrepreneurial team of Sreekanth Ravi (President and CEO) and Sudhakar Ravi (CTO), Tely Labs is a pioneer in simple, secure and affordable video communication and collaboration systems that fundamentally change the way people communicate. The company's products are used extensively in Enterprise conference rooms, remote offices, SMBs and healthcare facilities worldwide. For more information on Tely Labs, visit www.tely.com.
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Mary McEvoy Carroll
Sand Hill Communications for Tely Labs
+ 1 408 691 4283
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