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(OTCQB: ALRT), President Bill Smith Discusses the Rapid Changes to Diabetic Care on

Discussion in 'Stock Market News & Analysis' started by mickymoose99, Sep 30, 2014.

  1. mickymoose99

    mickymoose99 Member

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    ALR Technologies (OTCQB: ALRT), President Bill Smith Discusses the Rapid Changes to Diabetic Care on the "Good Life Revolution" with Jesse Dylan



    Richmond, VA and Vancouver, BC / ACCESSWIRE / September 29, 2014 / ALR Technologies Inc. (OTCQB: ALRT), the chronic care medical device company positioned at the forefront of remote patient care, is pleased to announce that company president Bill Smith was a guest on the "Good Life Revolution" with award winning host Jesse Dylan, powered by Megacast. Smith explains how the company's proprietary Health-e-Connect device is paving the way for the future of Remote Patient Care by eliminating complications with patient data and cutting Health Care costs whilst creating a unique pool of profit for the Company.

    "We can have clinical experts online looking at a patients data on a regular basis between office visits and the patients wouldn't have to do anything except plug their glucose meter into their computer," Smith explains. The Health-E-Connect device connects patients and Diabetes Care Facilitators through its remote care system.

    "It's a way of monitoring a patient's health between office visits and for diabetes patients that's very important," Smith says.

    ALRT has recently begun enrolling patients with the Kansas City Metropolitan Physician Association (KCMPA), which is the first large-scale commercial deployment of the Health-e-Connect remote management system. The goal is to lower high-risk glucose levels of some of KCMPA's most challenging diabetic patients.

    "Health-e-Connect was designed to help accountable care organizations like KCMPA coordinate patient care among primary care physicians, endocrinologists, and other specialists to improve outcomes," says Smith. "KCMPA is on the forefront of this wave of medical innovation."

    The impact of diabetes on a global scale is on the rise; nearly 300 million people are expected to be diagnosed with diabetes by the year 2025 and the total cost of managing the disease in the United States alone is up to $245 billion, including $176 billion in direct medical costs.

    "It's a huge issue worldwide…it's exploding in Latin America and it's exploding in Asia. It's really a public health pandemic that's affecting the entire globe," says Smith.

    However the adverse cost to monitor diabetes is on track to be offset by the proposed Medicare bill that would see doctors and physicians reimbursed for using technology like ALRT's Health-e-Connect.

    "There's a lot of work that happens when the patient isn't physically in the office, so Medicare is proposing to pay physicians to do that work. What it means for our company is that if we are managing a patient behind the scenes [and remotely], the doctors can potentially be paid for that work and in turn pay ALRT for our services," says Smith.

    The proposed payment schedule would reimburse physicians $41.92 for 20 minutes of remote chronic care management each month, and the Health-e-Connect is the only off-the-shelf remote chronic care management solution providing physicians to take full advantage of the proposed reimbursement. With Health-e-Connect, physicians and practitioners can meet their quality goals for diabetes care and for the first time receive reimbursement for behind the scenes care.

    About MEGACAST

    MEGACAST is a 21st Century Digital Branding and Advertising Agency with exclusive expertise in Branding & Design, Content Creation, Viral Marketing and Distribution. In addition to boasting the first Integrated Performance Marketing Strategy all under one roof, the company offers comprehensive Live Streaming capabilities; complete PPV functionality; Digital Marketing, Advertising and Distribution solutions; Web and Mobile Application development, and a combined audience reach of more than 100 million. Businesses spend less, achieve more and save substantial time in the process with the MEGACAST suite of services.

    About ALR Technologies Inc.

    ALR Technologies is a medical device company providing remote monitoring and care facilitation for patients with chronic diseases. ALRT has developed the FDA-cleared and HIPAA compliant Health-e-Connect System that collects data from blood glucose meters and uploads to a secure website. Trained Facilitators use the System to effect efficiency of care among patients, clinicians and caregivers to improve outcomes and assist health plans to optimize their quality goals. Currently, the Company is focused on diabetes and will expand its services to cover other chronic diseases anchored on verifiable data.

    For more information regarding ALRT and the Health-e-Connect system, Please visit http://www.glntv.tv/alrt or http://alrt.com/.
     
  2. mickymoose99

    mickymoose99 Member

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    (ALRT) Health-e-Connect: The FDA-Cleared System at the Forefront of Remote Diabetes C

    (ALRT) Health-e-Connect: The FDA-Cleared System at the Forefront of Remote Diabetes Care



    Richmond, VA / ACCESSWIRE / October 7, 2014 / ALR Technologies' (ALRT) new FDA-cleared Remote Patient Monitoring system may finally allow doctors and clinicians to receive reimbursement for remote chronic care management, and it could become one of the most influential platforms for managing diabetes. ALRT's Health-e-Connect is the only off-the-shelf chronic care system connecting diabetes patients with an experienced care team as well their own physicians - anywhere in the country - through a secure and trusted website. If the Centers for Medicare and Medicaid Services (CMS) proposed payment schedule is finalized on November 1, physicians would receive payments of $41.92 for up to 20 minutes of remote care each month.Implementation of the proposed reimbursement plan would pave the way for ALRT to begin invoicing and collecting revenue for its services for diabetes patients covered by Medicare.Capturing just 1% of the US Medicare market as it pertains to diabetes would represent up to $2.3 million per month in potential revenue to ALRT.

    This revenue-producing system could decrease long-term healthcare costs, create compensation for physicians, and establish positive cash flow for ALRT.The company moving towards the revenue-generation stage is underscored by years of R&D and millions of dollars in investment to achieve FDA clearance and meet all HIPAA (Health Insurance Portability & Accountability Act) requirements to ensure patient data confidentiality, a duo of accomplishments that most potential competition has failed to obtain.

    This is a unique patient monitoring program that's made leaps and strides in developing a profitable model for remote care for patients with chronic disease. With the high global cost of diabetes on the rise, ALRT is primed and positioned at the forefront of the burgeoning Remote Patient Care industry. Its system has already begun enrolling patients in the US in a bid to prove its commercial viability and replicate data from clinical trials demonstrating Health-e-Connect is influential in reducing A1c levels, which can have a meaningful impact on clinical outcomes in diabetes patients.

    The Kansas City Metropolitan Physician Association (KCMPA), a Medicare Accountable Care Organization, represents the first large-scale commercial deployment of the Health-e-Connect remote management system. The goal is to lower high-risk glucose levels of some of KCMPA's most challenging diabetic patients. Importantly to ALRT stakeholders, KCMPA has agreed to negotiate a fee to be paid to ALRT for their use of the Health-e-Connect System beginning January 1, 2015 if the proposed CMS reimbursement rule is enacted.

    "KCMPA is on the forefront of this wave of medical innovation," says ALRT President Bill Smith. With the system currently employed in a major medical facility, the next step is for ALRT to expand its model on a global scale.

    "Diabetes is a huge issue. It's exploding in Latin America and in Asia; it's really a public health pandemic that's affecting the entire globe," Smith adds. 300 million people will be diagnosed with diabetes by the year 2025, according to the American Diabetes Association. The total cost of managing the disease in the US alone is up to $245 billion, including $176 billion in direct medical costs. Health-e-Connect addresses these costs by increasing patient's remote involvement, which helps reduce A1c, the gold standard in assessing diabetes control.

    ALRT sits at the forefront of Remote Patient Monitoring with its Health-e-Connect system.ALRT has created a remote monitoring and patient care system that could allow physicians to draw down $41.92 per month for up to 20 minutes of remote care, whilst lowering the massive global cost of diabetes care.Widespread adoption of the ALRT diabetes management program by US physician groups could allow ALRT and its investors to profit significantly from one of the most innovative remote patient monitoring programs available in the US market.

    About ALR Technologies Inc.

    ALR Technologies is a medical device company providing remote monitoring and care facilitation for patients with chronic diseases. ALRT has developed the FDA-cleared and HIPAA compliant Health-e-Connect System that collects data from blood glucose meters and uploads to a secure website. Trained Facilitators use the System to effect efficiency of care among patients, clinicians and caregivers to improve outcomes and assist health plans to optimize their quality goals. Currently, the Company is focused on diabetes and will expand its services to cover other chronic diseases anchored on verifiable data.

    Learn more about ALRT: http://www.glntv.tv/alrt

    Recent national press coverage on the syndicated Good Life Revolution radio show heard on the Wall Street Business Stations: http://www.viralstocks.com/alr-technologies/

    ALRT Homepage: http://alrt.com/
     
  3. mickymoose99

    mickymoose99 Member

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    ALR Technologies (ALRT) Advocates For Sensible Medicare Reimbursement of Continuous G

    ALR Technologies (ALRT) Advocates For Sensible Medicare Reimbursement of Continuous Glucose Monitoring (CGM) for Diabetes Patients

    Internet Monitoring More Cost Effective Than Continuous Glucose Monitoring (CGM) for Most Medicare Patients Says ALRT President Bill Smith


    In a letter to Marilyn Tavenner, Administrator of the Center for Medicare and Medicaid Services (CMS), Bill Smith, President of ALR Technologies (OTCQB: ALRT) advocated for CMS reimbursement for continuous glucose monitoring systems (CGM) for Type 1 diabetes patients as well as higher-risk Type 2 patients. However, Smith argued that most Type 2 patients should first be encouraged to seek Internet-based remote chronic care management and then to step up to CGM if they don't achieve their health goals on the more cost-effective, Internet-based monitoring.

    "There is no doubt that CGM should be made available to higher risk diabetes patients as this is a very valuable monitoring technology," said Smith. "However, for many other patients, I believe a sensible policy would be to reimburse first for Internet-based monitoring systems and then provide the CGM option for patients who fail on this less costly, Internet-based technology."

    The complete text of the letter can be found here http://www.alrt.com/Media/Default/Page/CMSLetter.pdf

    ALR Technologies has sponsored a clinical trial comparing Internet-based monitoring systems (IBGMS) with CGM in Type 2 diabetes patients. The results of that trial can be found here: http://alrt.com/hec/clinical-support

    On November 1, CMS is expected to announce new rules for physician reimbursement in a broad range of treatments including management of chronic diseases such as diabetes. Among the proposed rules is a new payment schedule for remote chronic care management similar to the service that ALRT's Health-e-Connect system delivers.
     
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