Cybear and MedcomSoft Sign Strategic Alliance; MedcomSoft Gains Access to Cybear's Physicians' Online Internet Portal.Business Editors/Health, Medical & High Tech Writers TORONTO and BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla.--(BUSINESS WIRE)--Nov. 28, 2001 MedcomSoft Inc. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :MSF MSF Manufacturing, Science, and Finance (Union) ), a leading provider of electronic medical records, and Cybear Inc., a member of Andrx Corporation - Cybear Group (Nasdaq:CYBA CYBA Charter Yacht Broker Association CYBA Conejo Youth Basketball Association (Conejo Valley, California) CYBA California Yacht Brokers Association CYBA Cybertron Army CYBA Columbia Yacht Brokers Association ), the parent company of Physicians' Online (POL), today announced that they have entered into a strategic alliance agreement whereby MedcomSoft can provide geographically targeted communication and advertising for the MedcomSoft products on Cybear's Physicians' Online website (http://www.pol.net). The MedcomSoft suite of products includes MedcomSoft Record, a new generation of electronic medical record (EMR (ElectroMagnetic Radiation) The emanation of energy from everything in the universe. Although the EMR from electrical and electronic devices is typically measured for practical, every-day situations, every object, including humans, emanates energy. ) systems capable of capturing structured and codified cod·i·fy tr.v. cod·i·fied, cod·i·fy·ing, cod·i·fies 1. To reduce to a code: codify laws. 2. To arrange or systematize. clinical information compatible with aggregation, analysis, and secure communications over the Internet, as well as MedcomSoft Disease Management, MedcomSoft Protocol Generator, and MedcomSoft Claims. Each of these MedcomSoft products facilitates the exchange of information between providers to deliver better continuity of care. Cybear and MedcomSoft have also entered into a royalty bearing license agreement under Cybear's electronic prescribing patent Nos. 5,737,539 and 5,845,255, which cover the use of electronically transmitted prescriptions. "MedcomSoft and Cybear are leading the way in the deployment and integration of clinical information solutions that assist physicians at the point of care by providing superior tools for clinical documentation and better decision-making," stated Eric Moskow, M.D., Executive Vice President of Business Development for Cybear Inc. MedcomSoft's Chairman and Chief Executive Officer, Sami Aita, M.D., commented, "POL's access to an expansive online database of more than 225,000 physicians offers a unique opportunity to communicate with a large physician community, accelerating awareness of the benefits MedcomSoft Record offers to physicians with its unique charting, E&M (evaluation and management) coding, charge capture, and disease management." About MedcomSoft MedcomSoft designs software solutions that are changing the way the healthcare industry captures, manages and exchanges patient information. Through its powerful suite of products, MedcomSoft provides important tools that enable healthcare professionals to fully automate their practices at the point of care and more efficiently and effectively connect with patients, researchers, pharmacies, medical suppliers, insurance and pharmaceutical companies. As a result of MedcomSoft innovations, physicians and managed care organizations can now: easily and securely build and exchange complete, structured, codified electronic patient medical records powered by one of the world's largest medical vocabularies. In addition, healthcare providers can now rapidly analyze all clinical and practice management data, for a patient or a population; build their own electronic protocols of care and dynamically connect these protocols to best practice guidelines practice guidelines Medical practice A set of recommendations for Pt management that identifies a specific or range of range of management strategies. See Peer review organization, Practice standards. Cf 'Cookbook' medicine. and built-in clinical decision support systems. MedcomSoft applications electronically track outcomes of care and trends in disease; reduce practice management costs; and, comply with emerging healthcare legislation. With a growing network of customers and resellers, and strong competitive advantages, MedcomSoft is positioned to play an important role in improving the quality and delivery of patient care worldwide. MedcomSoft has offices in Saratoga Springs, New York "Saratoga Springs" redirects here. For the unrelated Utah city, see Saratoga Springs, Utah. For the resort inspired by this city, see Disney's Saratoga Springs Resort & Spa. Saratoga Springs is a city in Saratoga County, New York, USA. , USA, Buffalo, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , USA, Sydney, Australia and Toronto, Canada. For additional information please visit the MedcomSoft Website at http://www.medcomsoft.com or call the MedcomSoft North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Headquarters at 416-443-8788 Ext. 232. About Cybear Group The Cybear Group includes Cybear Inc., Cybear Acquisition Corporation, formerly certain assets of AHT AHT Animal Health Trust (Suffolk, England) AHT American Hairless Terrier (dog breed) AHT After Hours Trading AHT Animal Health Technician AHT Anchor Handling Tug Corporation, and Mediconsult.com, Inc. and its subsidiaries. Headquartered in Boca Raton, Florida Boca Raton ("bōkə rə-tōn") is a city in Palm Beach County, Florida incorporated in May 1925. As of the 2000 census, the city had a total population of 74,764; the 2006 population recorded by the U.S. Census Bureau was 86,396. , the Cybear Group's products and technology are designed to allow the Internet to be used to improve the efficiency of clinical, administrative and communications tasks in the healthcare industry. The Cybear Group uses multiple networks, including its own secure private network, to provide access to the Internet, email, and productivity applications that are available on a transaction or subscription basis to physicians, physician organizations and hospitals. Product offerings also include a variety of healthcare products available to physicians through the Internet, online applications such as the Physicians' Online Web portal with access to a database of more than 225,000 physicians, business tools for hospital messaging, lab orders and results, streamlined purchasing, prescription writing, claims processing, eligibility verification, formulary-compliance, credentialing, and physician-patient communications via the Internet. Through Cybearclub LC, Cybear Group's joint venture with Andrx, Cybear Group sells and distributes healthcare products to physicians through the Internet. Forward-looking statements (statements which are not historical facts) in this release are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. For this purpose, any statements contained in this report that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the generality of the foregoing, words such as "to", "may", "will", "expect", "believe", anticipate", "intend", "could", "would", "estimate", or "continue" or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. Investors are cautioned that all forward-looking statements involve risk and uncertainties. Cybear Group Common Stock is a class of common stock of Andrx Corporation, therefore Cybear Group stockholders are subject to the risks and uncertainties described in Andrx Corporation's filings with the Securities and Exchange Commission, including Andrx Corporation's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , for the year ended December 31, 2000. |
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