Stock Guru Profile ALR Technologies Inc. (ALRT – OTCBB)
Page Minder will begin the ALRT medication compliance program with Medicaid in Missouri soon. Bob Reed, President of PageMinder recently commented, “We have been evaluating the ALRT 500 System for several months and are really pleased with the benefit it brings to both the patients and their caregivers. By ensuring that patients receive their medications and treatments on time, we expect to deliver better medical outcomes while at the same time lowering the overall cost of patient care.”
The ALRT500 Health Management system is designed for patients with chronic diseases. Examples of those who can benefit include, but are not limited to, patients with asthma, diabetes, heart disease, COPD and HIV.
Page Minder will provide the ALRT system to a population of asthma patients in December and January, under a Missouri Medicaid program. This system provides important features and benefits that not only help keep patients on their disease management regimens, but also allows for intervention as needed. Reed concluded, “We expect both healthier patients and lower costs for Missouri Medicaid. The Missouri Medicaid program is a leader in implementing advances that will provide better care for their patient population and we think this is something that will be of interest to other state Medicaid programs.”
Link here to review Page Minders Report on the efficacy of ALRT 500. We will look at this report in greater detail next.
The bottom line is, however, that health care management is a new segment of the healthcare industry. Healthcare management is recognized as being cost effective because ultimately it conserves precious healthcare resources across the board. The consequence of medication noncompliance is both grave and expensive in terms of dollars and lives.
ALR Technologies Power Point Presentation.
Source: ALR Technologies, M2 Communications, and Page Minder
Wendy Prabhu, Investor Relations for ALR Technologies, Inc.
Phone: (512) 828-6645
Email: http://www.stockguru.com/blog/alrt@mercomcapital.com
Sidney Chan, CEO
ALRT — ALR Technologies, Inc.
114M Reynolda Village
Winston-Salem, NC 27106
Website: http://www.alrt.com
Phone: (336) 722-2254
SOURCE: ALR Technologies, Inc. and New England Journal of Medicine and Managed Healthcare Executive; Sep2006, Vol. 16 Issue 9, p44-51, 4p
Safe Harbor and Forward Looking Statement:Certain statements set forth in this article constitute “forward-looking statements.” Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company’s actual results and financial position to differ materially from those included within the forward-looking statements, including the Company’s ability to obtain sufficient financing to fund both its internal growth opportunities and acquisition strategy. More information about the potential risks and factors that could affect the Company’s business and financial results is included in the Company’s filings, available via the United States Securities and Exchange Commission at http://www.sec.gov/.
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