LifeWatch Signed Agreement With UnitedHealthcare Insurance Company.BUFFALO GROVE, Ill. -- LifeWatch Holding Corp. today announced it has signed a US national agreement with UnitedHealthcare Insurance Company, an affiliate of UnitedHealth Group (NYSE NYSE See: New York Stock Exchange :UNH Unh The symbol for the element unnilhexium. ) that will provide persons insured by UnitedHealthcare in-network access to LifeWatch cardiac monitoring services and technologies. LifeWatch is the leading independent provider of remote cardiac arrhythmia cardiac arrhythmia n. See cardiac dysrhythmia. Cardiac arrhythmia An irregular heart rate or rhythm. Mentioned in: Holter Monitoring, Stress Test cardiac arrhythmia monitoring devices and services in the USA, which assist physicians and patients in the early detection and treatment of arrhythmia arrhythmia (ārĭth`mēə), disturbance in the rate or rhythm of the heartbeat. Various arrhythmias can be symptoms of serious heart disorders; however, they are usually of no medical significance except in the presence of , and can thus prevent heart disease, stroke or sudden cardiac death Sudden Cardiac Death Definition Sudden cardiac death (SCD) is an unexpected death due to heart problems, which occurs within one hour from the start of any cardiac-related symptoms. SCD is sometimes called cardiac arrest. . Millions of people experience arrhythmia, which most often occurs in people over the age of 50. Typical symptoms include palpitations, rapid heartbeat, dizziness, chest pain and shortness of breath Shortness of Breath Definition Shortness of breath, or dyspnea, is a feeling of difficult or labored breathing that is out of proportion to the patient's level of physical activity. . LifeWatch's services enable a physician who is treating a patient with arrhythmia to prescribe his patient with a small, battery-powered cardiac monitor that records irregularities in the heart's electrical activity over a 30-day period. The recorded data is transmitted over the phone to the LifeWatch call center, which processes the information and sends a detailed report to the referring physician for interpretation and treatment decisions. Making the LifeWatch services in-network simplifies the process by which a doctor can prescribe them to patients who are insured by United Healthcare. "LifeWatch is privileged to intensify its existing relationship with UnitedHealthcare," said Frederick J. Mindermann, LifeWatch President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "This agreement strengthens the position of our salespeople when they approach physicians, health care professionals and hospitals that are members of the UnitedHealthcare network." LifeWatch recently also achieved accreditation from the Joint Commission on Accreditation of Healthcare Organizations Joint Commission on Accreditation of Healthcare Organizations, n.pr the United States body that accredits healthcare organizations. Joint Commission on Accreditation of Healthcare Organizations (JCAHO/TJC), n. (JCAHO JCAHO Joint Commission on Accreditation of Healthcare Organizations, see there ) under the program classification of "Ambulatory Health Care Programs." LifeWatch is one of only a few independent diagnostic testing facilities worldwide that have received this Gold Seal of Approval[TM]. About LifeWatch LifeWatch Holding Corp. is the nation's leading provider of telecardiology services for the detection of arrhythmia. LifeWatch services thousands of physicians, cardiologists and electrophysiologists with remote monitoring devices, outpatient care services and clinical reporting. Fully accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. by the Joint Commission (JCAHO), LifeWatch is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Card Guard AG, a leading healthcare technology and solutions provider listed on the Swiss Stock Exchange (CARDG CARDG Compressed Arc Digital Raster Graphics ). For more information on LifeWatch, visit www.lifewatch.com. About UnitedHealthcare UnitedHealthcare (www.unitedhealthcare.com) provides a full spectrum of consumer-oriented health benefit plans and services, helping 25 million individual consumers nationwide achieve improved health and well-being through various health service systems. UnitedHealthcare arranges access to quality, affordable care with more than 500,000 physicians and care professionals and 4,600 hospitals across America. UnitedHealthcare is one of the businesses of UnitedHealth Group (NYSE:UNH), a diversified Fortune 50 health and well-being company. This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding future results of operations and financial position, business strategy and plans and objectives for future operations, are forward-looking statements. The words "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect" and similar expressions are intended to identify forward-looking statements. LifeWatch Holding Corp. has based these forward-looking statements largely on current expectations and projections about future events and financial trends that it believes may affect the financial condition, results of operations, business strategy, short term and long term business operations and objectives, and financial needs. These forward-looking statements are subject to a number of risks, uncertainties and assumptions. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances described may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. All forward-looking statements are based only on data available to LifeWatch Holding Corp. at the time of the issue of this press release. LifeWatch Holding Corp. does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise. |
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