TeleCommunication Systems' VirtuMedix® Connected Health Platform Selected by Infinity Healthcare and Emergency Physicians Medical Group to Enable Secure Telemedicine Anytime, Anywhere on Any Device
Best-In-Class Clinical Tools, Audited Cybersecurity and an Intuitive Interface Make VirtuMedix the Ideal Choice for the Midwestern-Based Medical Groups
ANNAPOLIS, Md., March 26, 2015 /PRNewswire/ -- TeleCommunication Systems (TCS) (NASDAQ: TSYS), a world leader in secure and highly reliable wireless communication technology, today announced that Infinity HealthCare and Emergency Physician Medical Group, PC (EPMG), two premier providers of emergency department services, have selected its VirtuMedix® platform to provide secure, HIPAA-compliant telemedicine services to patients in the Midwest region. With the addition of these physician groups, approximately 1,000 physicians nationwide can now rely on VirtuMedix to remotely serve their patients, including those whose inability to visit the office could result in conditions that escalate into an expensive hospital stay or worse.
VirtuMedix's cloud-based architecture lets Infinity HealthCare and EPMG physicians interact with their patients anytime, anywhere and from any device, including personal computers, tablets and smartphones. This flexibility enables Infinity HealthCare and EPMG physicians to work more efficiently and effectively, provide continuous care, and maximize patient outcomes and satisfaction. VirtuMedix also facilitates the expansion of patient outreach by Infinity HealthCare and EPMG to people who are homebound or live in remote areas.
The platform features an intuitive user interface that frees physicians and patients to focus on their interaction instead of the technology. VirtuMedix makes it easy for patients to upload data from their activity trackers and similar devices, while the clinical workflows streamline physician tasks such as documentation and discharge.
News Facts:
- The number of patients worldwide using telehealth services will rise to 7 million in 2018, up from less than 350,000 in 2013, based on data from IHS report "World Market for Telehealth – 2014 Edition". Worldwide revenue for telehealth devices and services is expected to grow to $4.5 billion in 2018, up from $440.6 million in 2013.
- VirtuMedix is a cloud-based telemedicine platform that:
- Supports patient-physician interaction anytime, anywhere and on any device, including personal computers, smartphones and tablets.
- Enables continuous care for patients whose conditions or locations make office/hospital visits, inconvenient, impractical, expensive or impossible.
- Saves money and maximizes treatment efficacy by enabling physicians to identify and treat patients' conditions in advance of a medical visit and before conditions escalate.
- Ensures highly reliable security of patient data and platform access through the first and only telemedicine solution audited for cybersecurity.
- Allows physician groups, hospitals and other caregivers to expand their patient reach, increase efficiency and differentiate themselves in the marketplace through superior, convenient care.
- VirtuMedix is the first and only telemedicine platform with a code base audited for cyber security vulnerabilities. This successful audit provides greater assurance that Infinity HealthCare and EPMG will provide highly secure access and data protection for all patients and their consultations.
- For more information, visit www.virtumedix.com
- Infinity HealthCare (IHC), an employee owned, physician directed group practice with client hospitals throughout Illinois and Wisconsin, provides staffing and management services in emergency medicine, anesthesiology, hospitalist services, imaging services, wound care/hyperbaric medicine and occupational medicine. IHC is headquartered in Milwaukee, with a 38 year history and proven track record of excellence in the highest quality of clinical services and metric performance in patient and client satisfaction, efficient cost effective operations and integration throughout the medical staffs and communities it serves.
- Emergency Physicians Medical Group (EPMG), headquartered in Ann Arbor, Michigan, is a physician-owned practice that has been creating a culture of care for patients in the Midwest since 1976. EPMG helps hospitals build impressive reputations by integrating with its partners and communities to provide exceptional emergency care and leadership. EPMG optimizes operations and enhances clinical outcomes by aligning goals, applying evidence-based practices, utilizing data analytics, customizing innovative solutions, and enhancing the safety and experience of every patient.
- Infinity Healthcare and EPMG have formed CareonQ, LLC, a unique collaboration of the two physician management groups. CAREonQ connects patients with board-certified physicians to provide a convenient, high quality and affordable telemedicine experience.
EPMG President and Chief Executive Officer Dr. Christopher Newton, MD, FACEP said: "We are excited about our strategic partnership with TCS, which allows us the opportunity to conveniently deliver compassionate virtual healthcare to patients through CAREonQ.com. VirtuMedix provides an efficient, cost-effective solution as we aim to improve access to healthcare, enhance community wellness and reduce overall medical costs. The ability to provide an alternative model of care via a mobile device will revolutionize our healthcare delivery, and help us meet the evolving healthcare needs of our patients and partners."
Infinity Healthcare Chief Executive Officer and Chairman Dr. Glenn E. Aldinger, FACEP, FAAEM, said: "Infinity HealthCare's success is built on its longstanding relationships with the client hospitals, the medical staffs and the local communities we serve. Our partnership with TCS enhances our quality of service through this unprecedented advancement in telemedicine, allowing us to connect with a wider spectrum of communities by providing patients with convenient, expert healthcare."
TCS Commercial Software Group President Jay Whitehurst said: "Infinity HealthCare and EPMG provide the highest quality of medical care, and we are committed to extending their reputations for excellence even further through telemedicine innovation. VirtuMedix is the go-to telemedicine solution for physician groups, hospitals and other providers that want a straightforward, cost-effective deployment, an intuitive user interface, best-in-class clinical tools and the peace of mind that comes with nearly 30 years of security expertise and independent cybersecurity audits. With the addition of EPMG and Infinity HealthCare, nearly 1,000 caregivers nationwide now rely on VirtuMedix to provide superior care and maximize efficiency."
About CAREonQ, LLP
CAREonQ is a unique collaboration of two physician management groups, Infinity HealthCare, Inc. and Emergency Physicians Medical Group, PC. Each of our practices have provided exceptional healthcare with a primary focus in Emergency Medicine to patients in Midwest hospitals and communities for nearly 40 years. Our shared interests to improve access to healthcare, enhance community wellness, and reduce overall medical costs encouraged our alliance. We recognize the need to accommodate shifting medical expectations in the era of reform and leverage technological advancements to deliver the highest quality acute care in a revolutionary way. CAREonQ connects patients with board certified physicians to provide a convenient, high quality and affordable telemedicine experience.
About TeleCommunication Systems, Inc.
TeleCommunication Systems, Inc. (TCS), headquartered in Annapolis, Maryland, is a world leader in secure and highly reliable wireless communications. Our patented solutions, global presence, operational support and engineering talent enable 9-1-1, commercial location-based services and deployable wireless infrastructure; cybersecurity; defense and aerospace components; and applications for mobile location-based services and messaging. Our principal customers are wireless network operators, defense and public safety government agencies, and Fortune 150 enterprises requiring high reliability and security. Learn more at www.telecomsys.com.
Except for the historical information contained herein, this news release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. These statements are subject to risks and uncertainties and are based upon TCS' current expectations and assumptions that if incorrect would cause actual results to differ materially from those anticipated. Risks include our expectations regarding the growth in use of telehealth services, and those detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended December 31, 2014.
Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to update or revise the information in this press release, whether as a result of new information, future events or circumstances, or otherwise.
TCS Contact: |
Investor Relations: |
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TeleCommunication Systems, Inc. |
Liolios Group, Inc. |
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Meredith Allen |
Scott Liolios |
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410-295-1865 |
949-574-3860 |
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SOURCE TeleCommunication Systems, Inc.
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