March 30, 2017 - Las Vegas NV, HemCare Health Services Inc. (OTC: HCRE) “the Company” is pleased to announce the launch of RecordsBank.org, a Centralized System for Patients, Lawyers & Insurers to Retrieve and Access Medical Records online, 24 hours a day, 7 days a week.
The Medical Record Bottleneck
Despite the widespread availability of secure electronic data transfer, most Americans’ medical information is stored on paper—in filing cabinets at various medical offices, or in boxes and folders in patients’ homes. When that medical information is shared between providers, it happens by mail, fax or—most likely—by patients themselves, who frequently carry their records from appointment to appointment. Management believes our centralised online portal can greatly improve the completeness of patient’s records, (which can have a big effect on care), as past history, current medications and other information is jointly reviewed during visits.
Benefits for Patients & HealthCare Providers
Appropriate, timely sharing of vital patient information can better inform decision making at the point of care and allow providers to avoid readmissions, medication errors, improve diagnoses, decrease duplicate testing and even reduce cost and administration
For patients and third-party requestors, obtaining paper medical records is a costly proposition -- with frequent status calls, slow processing times, and high administrative and scanning costs. The RecordsBank portal eliminates many of the inefficiencies of “paper-based release of information” practices and clears the bottleneck creating a fluid exchange of information.
A Low Cost - Easy to Use Online Solution
RecordsBank.org, is an easy to use online portal to our centralized System for Patients, Lawyers & Insurers to Retrieve and Access Medical Records 24 hours a day, 7 days a week.
RecordsBank is a cloud-based PIPEDA & HIPAA compliant network of Providers and Record Requestors. Utilizing a secure platform, providers can securely exchange records electronically with third-party requestors. Health care providers with proper authorization can also share records with each other.
Addressing a $7 Billion a year problem
In national terms - across the U.S., hospitals spend more than $7 billion annually on customer intake. More than $7 billion, before any sort of medical procedure is done; before a patient even steps out of a waiting room, representing an incredible amount of time and money spent on intake administration.
Per physician - despite the adoption of electronic health records (EHR) and health information exchanges (HIE), providers are still mailing and faxing paper records because they have no PIPEDA or HIPAA compliant method to exchange records electronically with these third-party requestors. A recent study found that the current method of exchanging patient health information is estimated to cost a single clinician practice $17,160 per year.
RecordsBank aims to remove these substantial burdens both on an administrative and financial basis. People or firms simply use our secure online request form, pay a small service fee and RecordsBank retrieves, digitizes and stores the records. At this point the requesting client can access the record globally 24 hours a day - 7 days a week to view it or transfer it securely. In fact, clients can upload any new records to consolidate and keep all of their records securely in one place.
To learn more and request your records today please visit www.RecordsBank.org.
About HemCare Health Services Inc
…“A Seamless Exchange of Health Information”
HemCare Health Services (“HHS”) is a Health Information Exchange company. HHS operates a single unified platform enabling the ability to request and retrieve medical information & records while meeting all of today’s Security & Compliance demands for HIPAA, PIPEDA and PHIPA. Through RecordsBank.org, the Company offers an easy to use online portal to its centralized System for Patients, Lawyers & Insurers to Retrieve and Access Medical Records 24 hours a day, 7 days a week.
HemCare Health Services Inc.
Tel. (702) 796-6363
Disclaimer: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this press release. Additional information respecting the factors that could materially affect the Company and its operations are contained in its annual report on Form 10K and Form 10-Q as filed with the Securities and Exchange Commission. The Company undertakes no obligation to publically update or revise any forward-looking statement.