Additionally, the added value proposition offered by the combined services will lower administrative costs, expedite reimbursement, and increase cash flow for healthcare provider office. The agreement is a significant milestone for MedLink as well as Patient Access Solutions; five hundred healthcare practices are expected to generate sales of more than $11 million over a four year period with additional annual recurring revenues which both companies will benefit from," said Ray Vuono, President of MedLink.
"We are very proud of the strategic partnership we've developed with MedLink and the opportunity to share in this multi-million dollar project. The SunCoast RHIO program represents what is expected to be the first of many opportunities for the partnership as the RHIO community continues to adopt this unique recurring revenue model that encourages sustainability beyond current federal, state and local funding." said CEO Bruce Weitzberg.
About MedLink
MedLink is a healthcare IT company that provides the medical community with products and services designed to help create, manage, and share medical information. The company's flagship product, MedLink TotalOffice EHR 3.1, a CCHIT Certified® 08 Ambulatory EHR, provides physicians with full EHR and practice management functionality.
About Patient Access Solutions, Inc.
Patient Access Solutions, Inc. (PAS) is a Healthcare Solutions Company which has created a formidable array of technology, resources and allies to enable it to become an agent of radical change in what has traditionally been a slowly evolving healthcare information technology environment. The Company's products are designed to allow health care providers an easy migration to the EMR environment. Among these products are D-PAS, which is a state-of-the-art digital pen and paper technology based on Anoto technology, used to capture hand written information into digital forms and EMR systems and PAS Data Center, which is a terminal solution that allows health care providers to quickly and easily determine benefit eligibility.
