"We have been following MyMedicalRecords' efforts to provide untethered standardized solutions to how patients share medical information with their doctors," said Leonard Tambasco, Chairman and CEO of Healthcare Holdings Group, Inc. "In spite of the fact that our two companies regularly compete in the marketplace, we recognize the importance of MMR's Patent Portfolio as we approach requirements under the HITECH Act mandating the use of Personal Health Records and Patient Portals by 2014. Therefore, for the benefit of our clients and shareholders, we have made the decision to license the technology at this time. Although we approach the market differently, we both have a mission to provide seamless connectivity between patients and physicians. The Agreement with MMR is consistent with HCH's position to enhance and support industry-wide standardization efforts. HCH will launch its MU-1 compliant EHR at HIMSS13."
MMRGlobal, Inc., through its wholly-owned operating subsidiary, MyMedicalRecords, Inc., provides secure and easy-to-use online Personal Health Records ("PHRs") and electronic safe deposit box storage solutions, serving consumers, healthcare professionals, employers, insurance companies, financial institutions, and professional organizations and affinity groups. The MyMedicalRecords PHR enables individuals and families to access their medical records and other important documents, such as birth certificates, passports, insurance policies and wills, anytime from anywhere using the Internet. MyMedicalRecords is built on proprietary, patented technologies to allow documents, images and voicemail messages to be transmitted and stored in the system using a variety of methods, including fax, phone, or file upload without relying on any specific electronic medical record platform to populate a user's account. The Company's professional offering, MMRPro, is designed to give physicians' offices an easy and cost-effective solution to digitizing paper-based medical records and sharing them with patients in real time through an integrated patient portal. Through its merger with Favrille, Inc. in January 2009, the Company acquired intellectual property biotech assets that include anti-CD20 antibodies and data and samples from its FavId/Specifid vaccine clinical trials for the treatment of B-Cell Non-Hodgkin's lymphoma. To learn more about MMRGlobal, Inc. visit www.mmrglobal.com. View demos and video tutorials of the Company's products and services at www.mmrtheater.com.
About Healthcare Holdings Group, Inc.
Healthcare Holdings Group, Inc. (HCH) provides the Electronic Health Records (EHR) software suite, ChartZoneMD, designed to give physicians' offices an easy and cost-effective cloud-based practice management solution. ChartZoneMD's suite of applications, tools, and technology allow clinicians to seamlessly transit from paper charts to the recently mandated Meaningful Use EHR format and reporting styles. In addition, HCH has developed SmartFormsMD, a free-standing, time-saving, error-reducing, customizable, medical voice-command module complete with medical dictionary integration and specialty accommodation. The ChartZoneMD Software Suite enables real-time sharing of medical records with patients via the Access My Records integrated patient-portal module. For more information, visit www.healthcareholdingsgroup.com.
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