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PR Newswire
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Chartware and Visual Healthcare to license each others' components in Marketing Alliance - Visual Healthcare gains access to local practice market segment


MONTREAL, Jan. 16 /PRNewswire-FirstCall/ -- Visual Healthcare Corp. (the "Company") will license its state-of-the-art medical decision support technology for inclusion in Chartware Inc.'s (Sonoma County, CA) physician-office-based electronic medical record. At the same time, Chartware will license its unique note-generating interface for use in clinical information systems marketed by VisualMED Clinical Solutions Corp.

The alliance allows Visual Healthcare technologies to gain access to a market segment comprising small local practices, which currently accounts for two thirds of ambulatory medical offices in the US. "This is a timely alliance that will help us extend our ability to serve new medical communities," says Visual Healthcare Chairman Gerard Dab. "I believe our technology will become increasingly important in extending evidence-based medicine to community practice. Visual Healthcare is diversifying sources of revenues through new strategic alliances as well as extending new applications across a number of areas, both in the healthcare industry, and in other database-related information fields."

The agreement underlines the complementary nature of Visual Healthcare and Chartware technologies that have already been adopted by thousands of physicians. The partnership promises to increase the deal flow from established distribution networks for both companies.

About VisualMED decision support application components

VisualMED decision support components have been developed over the past decade in real clinical environments and support best medical-surgical practice. The VisualMED decision support component is the richest in the industry and includes more than 30 levels of prescription validation at the current time. Each level of validation may additionally contain tens to thousands of clinical algorithms depending on the stage of the associated prescription process. VisualMED decision support is at the core of the VisualMED Clinical Information System marketed by VisualMED Clinical Solutions Corp and is available for license by third parties for niche and other applications.


About Chartware electronic medical records

The ChartWare electronic medical record is designed for use in individual physician offices, small or large group practices and a variety of inpatient settings and allows for fast, accurate and affordable clinical record keeping while the intuitive user interface lets the user easily capture, manage and analyze data. The system supports an unlimited number of patient records, and is scalable to any practice size. The ChartWare Electronic Health Record is easy to install and customize for any practice or specialty.

About Visual Healthcare Corp.

Visual Healthcare Corp. is a holding company that owns a portfolio of state-of-the-art information technologies including a unique proprietary technology platform used in the fields of medicine, hospital management, data security, and healthcare infrastructure. It licenses its technology to operating companies in exchange for an equity stake or a royalty stream.

Additional information regarding the company and its products is available at http://www.visualhc.com/.

About Chartware, Inc.

ChartWare, Inc. is a physician-founded private company dedicated to improving patient care and professional quality of life for health care providers.

The company was co-founded by Daniel Essin, MD and David Tully-Smith MD, PhD, who both pioneered early research on electronic medical records beginning in 1984. Since the company's founding in 1995 ChartWare has been delivering clinical documentation software that is known for its elegant functionality and ease of use. Initial installations of the company's flagship product were in family practice, internal medicine, pediatrics and cardiology. Today, ChartWare is operational in over 40 states and has been successfully implemented in more than 20 clinical specialties.

Additional information regarding the company and its products is available at http://www.chartware.com/ .

Forward-Looking Statements

Except for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of the Company. These statements are based on suppositions and uncertainties as well as on management's best possible evaluation of future events. Such factors may include, without excluding other considerations, fluctuations in quarterly results, evolution in customer demand for the Company's products and services, the impact of price pressures exerted by competitors, and general market trends or economic changes. As a result, readers are advised that actual results may differ from expected results.
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