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This cutting-edge program is specifically designed to raise patient carewhile reducing costs for managed care companies, physician groups, andhospitals utilizing the program for their diabetic patients.
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"The company has finalized the billing processes and back-end reportingnecessary to support the efforts of the local physicians currentlyadministering our Remote Diabetic Patient Monitoring Program. As stated inprevious press releases, our ultimate goal with our current physicians is 500patients by the end of April, but as the physicians are finding out, this toolis very powerful in raising patient care as well as reducing costs associatedwith diabetic patients not complying with their recommended testingparameters. So they've raised their deployment rates and the company continuesto add patients daily," stated Mr. Paul D. Lisenby, CEO of XTend MedicalCorporation. Mr. Lisenby also added, "We're starting to receive calls fromother hospitals and physicians throughout the U.S. that are very interested inour program. Our team is currently traveling to these institutions to show thebenefits of the program and how the system can effectively monitor diabeticpatients from remote locations. In addition, several previous companiesinterested in the program have begun their implementation process and theyshould be deploying to several thousand patients by the end of the 2nd quarterthis year. This is an exciting time for the company and our loyal shareholderbase."
For any healthcare agency of physician group that would like to find outhow this program can be of benefit, please visit the company website athttp://www.xtendmedical.com or email us at [email protected]
About XTend Medical: XTend Medical Corporation markets and sellshealthcare and wellness products to hospitals, managed care companies, nursinghomes, physician groups and individual patients. XTend has developed acomplete Remote Diabetic Patient Monitoring System that is currently beingused by physicians and other healthcare agencies throughout the U.S. Throughtheir alliances, XTend offers pharmacy services, diabetic supplies, andtelemedicine products that increase patient care yet reduce costs associatedwith servicing those patients. For more information, please visit theirwebsite at http://www.xtendmedical.com
Safe Harbor
This press release contains or may contain forward-looking statements suchas statements regarding the Company's growth and profitability, growthstrategy, liquidity and access to public markets, operating expense reduction,and trends in the industry in which the Company operates. The forward-lookingstatements contained in this press release are also subject to other risks anduncertainties, including those more fully described in the Company's filingswith the Securities and Exchange Commission. The Company assumes no obligationto update these forward-looking statements to reflect actual results, changesin risks, uncertainties or assumptions underlying or affecting suchstatements, or for prospective events that may have a retroactive effect.Contact: Company Contact: FutureTechIR for XTend Medical Corporation Investor Relations (817) 812-2105
SOURCE XTend Medical Corporation
