Printer Friendly
The Free Library
5,665,456 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

IntegraMed America Contracts with Leading Philadelphia Fertility Center.


PURCHASE, N.Y. -- IntegraMed America, Inc. (Nasdaq: INMD INMD Institute of Nutrition, Metabolism, and Diabetes (Canada)
INMD In-service Non-intrusive Measurement Device (ITU-T, P.562)
INMD Internet Metadata (IETF; formerly Net News Metadata Protocol) 
) today announced an exclusive agreement with Philadelphia, Pennsylvania-based Abington Reproductive Medicine, PC ("Abington") to be an Affiliate in the expanding IntegraMed provider network. Under the terms of the agreement, Abington has access to the Company's inventory of patient and business services, focusing initially on IntegraMed Shared Risk Refund and IntegraMed Pharmaceutical Services. Abington is a leading provider of fertility services in the Philadelphia marketplace and provides an important new distribution channel for IntegraMed.

The physicians of Abington - Jay S. Schinfeld, M.D., Stephen G. Somkuti, M.D., Ph.D., and Larry I. Barmat, M.D..are reproductive endocrinologists in Abington, a suburb of Philadelphia. Abington Reproductive Medicine provides comprehensive infertility and assisted reproductive technologies Assisted reproductive technology (ART) is a general term referring to methods used to achieve pregnancy by artificial or partially artificial means. It is reproductive technology used in infertility treatment, which is the only application routinely used today of , as well as specialized gynecological gynecological /gy·ne·co·log·i·cal/ (-kah-loj´i-k'l) gynecologic.  and endocrine services. These services include in vitro fertilization in vitro fertilization (vē`trō, vĭ`trō), technique for conception of a human embryo outside the mother's body. Several ova, or eggs, are removed from the mother's body and placed in special laboratory culture dishes (Petri dishes); , Egg Donor An egg donor is a woman who provides usually several eggs (ova, oocytes) for another person or couple who want to have a child. Egg donation involves the process of in vitro fertilization as the eggs are fertilized in the laboratory.  programs, Male Infertility Services, Autologous Endometrial Coculture Autologous Endometrial Coculture is a technique of assisted reproductive technology. It involves placing a patient’s fertilized eggs on top of a layer of cells from her own uterine lining, creating a more natural environment for embryo development and maximizing the chance , PGD PGD Preimplantation Genetic Diagnosis
PGD Postgraduate Diploma
PGD Phosphogluconate Dehydrogenase
PGD Policy for Global Development
PGD PhpGmailDrive (file sharing utility)
PGD Product Group (US Marine Corps) 
 testing, intracytoplasmic sperm injections Intracytoplasmic sperm injection (ICSI) is an in vitro fertilization procedure in which a single sperm is injected directly into an egg; this procedure is most commonly used to overcome male infertility problems.  (ICSI ICSI - International Computer Science Institute at Berkeley, CA. ), assisted hatching and reproductive surgeries. At Abington Reproductive Medicine, patients benefit from the latest in infertility research and techniques. Several of these advanced techniques have been pioneered and perfected through their ongoing research studies.

Under the terms of the agreement, IntegraMed is committed to providing Abington with access to patient and business service offerings. Initially, the focus is on the Company's Shared Risk Refund program, a powerful product that enables consumers to pursue IVF IVF in vitro fertilization.

IVF
abbr.
in vitro fertilization


IVF 1 In vitro fertilization, see there 2. Intravascular fluid
 treatment with a greater sense of financial security, since, for a single fee, it provides access for up to 6 cycles of treatment, with a substantive refund if the patient does not end up with a take-home baby. With Shared Risk + Drug, the pharmaceuticals associated with IVF treatment are available at a significant discount. In addition, Abington has the right to access a full portfolio of other products and services that the Company makes available to its growing network of affiliated fertility centers.

"Philadelphia is a large metropolitan market for fertility services that we are excited to add to our Northeast network," said Jay Higham, President and COO of IntegraMed America, Inc. "As a leading fertility center in that area, our contract with Abington Reproductive Medicine continues this company's tradition of only working with the best and most influential physicians. We believe this strategy helps to position IntegraMed as the leading provider of services to prospective parents and medical providers in this field."

"We are excited to open this relationship with IntegraMed," said Jay Schinfeld, MD. "As the director of reproductive endocrinology Reproductive endocrinology and infertility (REI) is a surgical subspecialty of obstetrics and gynecology that addresses hormonal functioning as it pertains to reproduction.  here at Abington Memorial, I have seen many changes in this area of medicine - being able to offer Shared Risk is a powerful way to open up the option of IVF treatment to more patients seeking this type of treatment. And by affiliating with IntegraMed, we are proud to add our names to a network of some of the top infertility specialists in the country."

IntegraMed's network is now comprised of 24 contracted fertility centers. These centers employ 131 physicians and PhD scientists in 71 locations across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . They account for approximately 20% of total IVF volume performed in this country with excellent success rates. This makes IntegraMed the leader in providing services to both consumers and medical providers in the fertility field.

IntegraMed, based in Purchase, NY offers products and services to patients, providers and payors focused on the $2 billion fertility industry. IntegraMed provides business services to a national network of fertility centers; distributes pharmaceutical products and treatment financing programs directly to consumers; and operates http://www.integramed.com, a leading fertility portal.

Statements contained in this press release that are not based on historical fact, including statements concerning future results, performance, expectations and expansion of IntegraMed are forward-looking statements that may involve a number of risks and uncertainties. Actual results may differ materially from the statements made as a result of various factors, including, but not limited to, the risks associated with IntegraMed's ability to finance future growth; the loss of significant business services contract(s); profitability at Reproductive Science Centers serviced by IntegraMed; changes in insurance coverage, government laws and regulations regarding health care or managed care contracting; and other risks, including those identified in the IntegraMed's most recent 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.
 and in other documents filed by IntegraMed with the U.S. Securities and Exchange Commission. All information in this press release is as of April 14, 2005 and IntegraMed undertakes no duty to update this information.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Apr 14, 2005
Words:730
Previous Article:Digi International Reports Fiscal Second Quarter 2005 Revenue Growth of 7.2% over Second Quarter 2004; Operating Income Increases 73% over Second...
Next Article:Schaeffer's Market Leaders and Laggards Features USG Corp., Transkaryotic Therapies, Progress Energy, Dendrite International, and American Express.
Topics:



Related Articles
Medicine capsules. (recent research)
IntegraMed America Expands into Philadelphia.
Integramed America Expands into Kansas City.
IntegraMed America Contracts with Leading Southern California Fertility Center.
IntegraMed America Expands Into Connecticut.
Missing children: can America duck the worldwide baby bust?(Fewer: How the New Demography of Depopulation Will Shape Our Future)(Book Review)
IntegraMed America Will Be Presenting at The ValueRich Small-cap Financial Expo on Friday, March 11th, 2005.
IntegraMed Ranked on Fortune's Fastest Growing Small Business List for Third Consecutive Year; Nation's Largest Fertility-Services Company Ranks No....
IntegraMed(R) Announces Agreement in Principle with Leading Baltimore Fertility Center.
IntegraMed(R) Finalizes Previously Announced Contract with Leading Fertility Center in Baltimore.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles