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Open EC Technologies, Inc. Announces Revenue & Technology Partnership with EMR Solutions Inc.(February 02, 2012)
NORTH VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/02/12 -- Open EC Technologies, Inc ("Open EC") (TSX VENTURE:OCE) subsidiary iPlexus Solutions Inc. ("iPlexus"), is pleased to announce a strategic revenue sharing agreement with EMR Solutions Inc. ("EMR Solutions") based in Dayton, Ohio. Under this agreement EMR Solutions will offer the iPlexus Claims Processing and Eligibility software solutions to their Physician Customers across the United States. The integrated solution will be marketed by EMR Solutions to further enhance their software as a service ("SaaS") practice solutions.
EMR Solutions offers a solution that lets medical practice staff manage a web of back office workflows and workloads efficiently. Integrating all facets of the practice into a single platform with myeps3.com, removes the burden of high capital investment upfront, and still provides a customizable, flexible and agile solution to physician staff and their patients.
Mohamed Zineddin, President of EMR Solutions states, "Selecting iPlexus as our strategic supplier for our Medical Claims Clearinghouse was an easy choice, their leading technology, competitive pricing and superior customer service is outstanding."
William Dagher, President of SoftCare/iPlexus states "We are pleased to add EMR Solutions as a strategic revenue partner who is respected for their market leading Practice Management and Electronic Health Record software. We are looking forward to working with the team at EMR Solutions. Their SaaS (Software as a Service) product set appears well positioned to replace the traditional desk top practice management solution set."
About EMR Solutions Inc.
Based in Dayton, Ohio, EMR Solutions Inc. offers myeps3.com as a secure web based practice software service solution which provides greater flexibility, agility and integrates all aspects of the practice processes efficiently. From registration to scheduling, from documentation to financial services, and from front-office to back-office helps practice management staff manage patient expectations and needs more effectively. Integrating all facets of the practice into a single platform with myeps3.com, removes the burden of high capital investment upfront, and still provide a customizable, flexible and agile solution to your staff and patients.
About Open EC Technologies, Inc.
Open EC Technologies, Inc. is an e-Business Information Technology company with our corporate head office, marketing and development in Vancouver, BC, main HealthCare IT Solutions Operations office in San Antonio, Texas and Medical Practise Billing Operations office in Spring Hill, Florida. The company has software development and data center hosting operations in Maine, with Sales and Executive Management staff in Atlanta, Georgia.
The Company's focus is to provide software solutions and transaction processing services to assist Physicians, Hospitals, Health Plans, Insurance Brokers and State Governments to exchange information for HIPAA EDI Health Plan Enrolment, Health Insurance Eligibility, Health Insurance Claims, Claim Payments and HealthCare Provider Collaboration of supporting patient referral and industry compliance/reporting documentation.
Additional product and solution information is available on the web at www.SoftCareHealthcare.com, www.iPlexus.net and www.softcare.com and additional public company information is available on the web at www.openec.com. The Company's common shares trade on the TSX Venture Exchange under the symbol: OCE.
ON BEHALF OF THE BOARD
Martyn A. Armstrong, President and CEO
Further information about the Company can be found on SEDAR (www.sedar.com) or by contacting Mr. Martyn A. Armstrong, President & CEO of the Company.
This news release may contain forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Open EC Technologies, Inc
Martyn A. Armstrong
President and CEO
(604) 983-8056 (FAX)
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