Stock Guru Profile ALR Technologies Inc. (ALRT – OTCBB)
Everyone who owns a cell phone — and that’s just about everyone — will understand ALRT’s business model. The product, which is principally the Constant Health Companion, is reasonably priced BUT when you buy the monitoring plan the price is more reasonable! The monitoring plan is the equivalent of the cell phone service and everyone knows that it’s the cell phone service that creates the expense and the revenue for cell phone companies.
That is the business model that ALR Technologies has adopted. They understand that the large entities that will adopt their product and supporting service will be looking for the low cost provider and they intend for that to be ALR Technologies.
They have the low cost product, that is portable with the greatest number of features. They have the low cost service.
This product and its UNDERLYING MONITORING SERVICE is being marketed to:
- Health Insurance Payers
- Specialized Pharmacy Services which deal with chronic care patients, such as cancer and organ transplant patients
- Agencies providing care to patients covered by Medicaid, Medicare or other government agencies
- Independent Living Organizations
- Assisted Living Organizations
- Children of elderly parents – direct to consumer placement
Organizations now understand the reality of this important fact: Non-compliance is the second largest healthcare issue in the United States in terms of revenue resources consumed. Medication and Treatement Compliance are now becoming a part of mainstream patient care and health insurance payers are looking for cost effective solutions.
ALR Techologies offers that solution.
Stay tuned as we examine the fact that ALR Technologies has the ONLY COPD monitoring system in the world.
ALR Technologies Power Point Presentation.
Source: ALR Technologies
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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StockGuru.com is owned and operated by Pentony Enterprises LLC, 9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (214) 458-4258. Web: StockGuru.com. Email: Publisher@stockguru.com .
