WorldCare Receives Massachusetts Export Achievement Award For Excellence In Global E-Health Services

CAMBRIDGE, Mass., April 27 /PRNewswire/ -- Nasser Menhall, Chief Executive Officer, WorldCare Limited, today announced that WorldCare International Inc., and WorldCare Clinical, Inc., have been selected to receive the 2004 Massachusetts Export Achievement Award sponsored by The Alliance for The Commonwealth and Associated Industries of Massachusetts (“A.I.M”).

The Award, which recognizes outstanding achievement by a Massachusetts employer in increasing international trade activity to retain and generate jobs in Massachusetts, will be presented to WorldCare on Friday, April 30th during A.I.M.'s 89th Annual Meeting to be held at Marriott Hotel, Newton.

“WorldCare is a pioneer and leader in the development and distribution of global e-health services and solutions,” stated John Gould, Chairman of the Alliance for the Commonwealth. “The company was selected to receive this Award because for the past ten years it has utilized its unique business model to “import” diagnostic quality medical records and imaging, to enable the export one of the world’s most respected professional services - high quality U.S. healthcare and expertise. In this era of ‘outsourcing,’ WorldCare’s second opinion and clinical trial activity constitute a compelling counter-trend in terms of concept, execution and exceptional value provided to international patients and pharmaceutical companies,” noted Gould.

“WorldCare has penetrated new markets and has formed dynamic alliances to overcome the challenges and risks inherent in exporting,” stated Gould. “Such alliances include the formation of The WorldCare ConsortiumSM, the world’s only multi-institutional e-health provider group and the establishment of a network of affiliates and resellers that enable the sale of capitated coverage and the delivery of telemedicine in 26 countries, worldwide. In addition, WorldCare has initiated a wide variety of international joint marketing and educational initiatives. International trade plays a major role in the growth of the Massachusetts economy. To maintain a vibrant job market for the Commonwealth’s residents, we must continue to export products and services on a competitive basis.. The Alliance is delighted to once again have an opportunity to highlight the special achievements that Massachusetts companies, like WorldCare, have contributed to our state’s economic vitality,” concluded Gould.

“WorldCare is honored to receive this recognition,” stated CEO, Nasser Menhall. “WorldCare has benefited significantly from its Massachusetts-based presence as the state is well known for its expertise in healthcare, education and technology. With nearly 60 employees, WorldCare has drawn upon the intellectual capital of the region and today utilizes internet-empowered technologies and FDA approved protocols to receive and transmit medical records. This connectivity and our contractual relationships with some of the world’s most prestigious insurers and pharmaceutical companies have enabled WorldCare to create jobs and add substantial value in both the international healthcare and clinical trial arenas. This award affirms such value,” concluded Menhall.

“WorldCare has worked closely with three of the most distinguished academic medical centers in North America, namely Partners HealthCare System, which includes Massachusetts General Hospital and Brigham and Women’s Hospital as well as The Cleveland Clinic and Duke University Health System to found The WorldCare Consortium and deliver highly specialized second opinion e- consultation for serious illness,” stated Chief Medical and Operating Officer, Hassan Sharif, M.D. “With over 7,000 physicians, scores of acclaimed specialists and over $ 1.6 billion dollars in annual bio-medical research funding, WorldCare, in concert with the Consortium, provides international insurers, banks, employee benefit firms as well as credit card and mobile phone companies with capitated e-healthcare services that are unparalleled in the global healthcare market place,” noted Sharif. “With diagnostic revision rates of 15% and treatment plan enhancement rates of 71%, WorldCare’s second opinion services do improve healthcare outcomes. WorldCare’s e-consultation and clinical trial services constitute a powerful differentiator for business, pharmaceutical companies and clinical research organizations, worldwide,” concluded Sharif.

WorldCare also offers international serious illness insurance, healthcare consulting and continuing medical education (CME) services. It maintains operations in Brazil, Chile, Ecuador, Mexico, Panama, Peru, the Carribean, Uruguay, Bahrain, Egypt, Jordan, Lebanon, Saudi Arabia, Turkey, U.A.E., Malaysia, S. Korea, Croatia, Czech Republic, Cyprus, Greece, Hungary, Italy, Poland, Slovakia and Russia. For more information, visit http://www.worldcare.com/ .

WorldCare Limited

CONTACT: Media, Anita D. Cosgrove, Esq., Sr. V.P., Chief CommunicationsOfficer, +1-617-374-9001, or cell, +1-216-570-3605, oracosgrove@worldcare.com

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