SUN VALLEY, Calif., March 17 /PRNewswire-FirstCall/ -- XTend Medical Corporation announced today the company has begun signing up patients through the Remote Diabetic Patient Monitoring System administered by local physicians here in Southern California.
This cutting-edge program is specifically designed to raise patient care while reducing costs for managed care companies, physician groups, and hospitals utilizing the program for their diabetic patients.
"The company has finalized the billing processes and back-end reporting necessary to support the efforts of the local physicians currently administering our Remote Diabetic Patient Monitoring Program. As stated in previous press releases, our ultimate goal with our current physicians is 500 patients by the end of April, but as the physicians are finding out, this tool is very powerful in raising patient care as well as reducing costs associated with diabetic patients not complying with their recommended testing parameters. So they've raised their deployment rates and the company continues to add patients daily," stated Mr. Paul D. Lisenby, CEO of XTend Medical Corporation. Mr. Lisenby also added, "We're starting to receive calls from other hospitals and physicians throughout the U.S. that are very interested in our program. Our team is currently traveling to these institutions to show the benefits of the program and how the system can effectively monitor diabetic patients from remote locations. In addition, several previous companies interested in the program have begun their implementation process and they should be deploying to several thousand patients by the end of the 2nd quarter this year. This is an exciting time for the company and our loyal shareholder base."
For any healthcare agency of physician group that would like to find out how this program can be of benefit, please visit the company website at http://www.xtendmedical.com or email us at info@xtendmedical.com
About XTend Medical: XTend Medical Corporation markets and sells healthcare and wellness products to hospitals, managed care companies, nursing homes, physician groups and individual patients. XTend has developed a complete Remote Diabetic Patient Monitoring System that is currently being used by physicians and other healthcare agencies throughout the U.S. Through their alliances, XTend offers pharmacy services, diabetic supplies, and telemedicine products that increase patient care yet reduce costs associated with servicing those patients. For more information, please visit their website at http://www.xtendmedical.com
Safe Harbor
This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.
CONTACT: FutureTechIR, Investor Relations, +1-817-812-2105, for XTend
Medical Corporation
Web site: http://www.xtendmedical.com/
