NEW ROCHELLE N.Y., Oct. 29 /PRNewswire-FirstCall/ -- OCG Technology, Inc. (BULLETIN BOARD: OCGT) announced today that its wholly owned subsidiary PrimeCare Systems, Inc. (“PSI”), has developed a new healthcare insurance product called PrimeCare(TM) Online (“PCO”). PCO enables health insurers to reduce the cost of primary care insurance for enrollees and introduce a new cost-effective product to millions of uninsured Americans. PCO utilizes PrimeCare(TM) Patient Management System Version Nine (“PrimeCare(TM)”). PCO complements insurers’ traditional HMO, PPO, POS plans.
PCO includes an innovative set of primary care services. Insurers can utilize a medical services desk (“Triage Desk”) staffed by physicians, physician assistants, and registered nurses. The Triage Desk is available 24/7 to serve the PCO enrollees.
At the time of enrollment an annual exam and complete Health Assessment questionnaire is completed by each patient and stored in their PrimeCare(TM) medical record. When the PCO enrollee has a heath concern, they contact the Triage Desk and explain their problem, i.e. sore throat, abdominal pain, etc. The medical staff member asks some pertinent questions and then arranges for them to complete one or more of PrimeCare(TM)'s 280 History of Present Illness questionnaires (“HPI”). The patient then completes the assigned HPI by logging onto the PrimeCare(TM)'s secure Internet access or via telephone. The medical staff member determines and advises the patient of the proper medical steps to complete their online visit and stores the encounter in the patient’s PrimeCare(TM) record. All information is secure and compliant with HIPAA guidelines for electronic medical records.
Marriott Winchester, Senior Vice President of PSI said, “We are working with health insurers to create new innovative services that encourage patients to use PCO. It is anticipated that through the use of PCO unnecessary office visits can be reduced by at least 25-35%, thus saving the health system millions of dollars. When the 70% to 80% of the PCO patients that do need to see a doctor, they are properly pre-screened and where appropriate sent for medical tests before they are seen by a health plan physician. This saves both, time and money, and allows physicians to spend more time with the patients that need to be seen.
We are working with several major insurers to initiate pilot programs. The prospect to enable health insurers to provide an improved new health care service that increases access to healthcare and reduces cost is a revolution in the health care industry. We look forward to working with the leading insurers within the United States and national health systems outside the US.”
About OCGT and PSI
OCGT and PSI created, maintain, and market PrimeCare(TM), a complete, redesign and re-write of the Company’s original electronic medical record system. PrimeCare(TM) is a robust multi-tier client-provider patient management system, designed for geographically separated tiers, providing patient, physician and staff interactive connectivity. It creates an electronic patient record that assures consistency and improved quality of care, increases clinical efficiency and productivity, enables rapid access to patient data for clinical care, and outcomes research.
Safe Harbor Statement:
The statements that are not historical facts contained in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and OCGT intends that such forward-looking statements be subject to the safe harbors created thereby. These forward-looking statements include predictions, estimates and other statements that involve a number of risks and uncertainties any, or all, of which could cause actual results to differ materially from any future performance suggested herein. While this outlook represents OCGT’s current judgment on the future direction of the business, such risks and uncertainties may individually, or mutually, impact the matters herein described, including but not limited to product acceptance, economic, competitive, governmental, results of litigation, technological and/or other factors, which are outside the control of OCGT, as well as those risks and uncertainties detailed in the Company’s Security and Exchange Commission filings.
OCG Technology, Inc.
CONTACT: Jeffrey P. Nelson, Executive Vice President of OCG Technology,Inc., +1-914-576-8457, ext. 21, or investorrelations@ocgt.com
Web site: http://www.ocgt.com/