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April 07, 2005
HealthRamp CarePoint(TM) Chosen as Electronic Prescribing Solution for Covenant Medical Management, Inc. (CMM, Inc.)
Investor's Business Daily: Breaking News
HealthRamp CarePoint(TM) Chosen as Electronic Prescribing Solution for Covenant Medical Management, Inc. (CMM, Inc.)
NEW YORK, April 7, 2005 /PRNewswire-FirstCall via COMTEX/ -- Ramp Corporation (RCO) today announced that its CarePoint suite of technologies was selected as the electronic prescribing solution for Covenant Medical Management, Inc., a primary member organization of Covenant Health. Ramp, through its wholly- owned HealthRamp subsidiary, markets CarePoint, a comprehensive solution for healthcare professionals that allows the physician and their staff to easily place orders for drugs and refill prescriptions while interfacing to the physician's practice management system from a wireless handheld PDA or desktop Internet web browser.
"CMM Inc.'s adoption of CarePoint meets their stringent patient privacy requirements, while at the same time providing a real-time, integrated interface with an electronic medical records system. CarePoint's scalability, combined with its extreme flexibility, should allow us to service increasingly larger venues, with comprehensive health systems, large clinics and independent physician associations all potentially benefiting from adopting CarePoint," stated Andrew Brown, Ramp CEO and President.
"The ability of CarePoint to provide our physician practices with a low- cost, high quality mechanism of electronically prescribing medications was a major selling point. An important feature of CarePoint is its ability to access managed care formularies. This significantly enhances our physician's ability to effectively treat their patients not only in terms of cost efficiency but patient safety as well," according to Craig Brent, President of Covenant Medical Management, Inc.
Covenant Medical Management, Inc. provides turnkey business and administrative services to fifty seven (57) physicians who practice within the Knoxville Metropolitan Area. The CMM, Inc. affiliated physicians consist of the following specialties: family practice, medicine-pediatrics, internal medicine, neurology, neurosurgery, endocrinology, reproductive endocrinology, orthopedics, general surgery, and urology.
Covenant Medical Management, Inc. is a wholly-owned subsidiary of Covenant Health. Covenant Health, with headquarters in Knoxville, TN, operates five (5) acute care hospitals and is the largest integrated health care delivery system in East Tennessee. Covenant Health is a community-owned organization committed to improving the health of the people it serves. The organization is governed by a voluntary board of directors composed of community leaders and medical professionals. Approximately 8,000 people are employed by Covenant Health and its member organizations. Working together with approximately 1,700 affiliated physicians, these healthcare professionals deliver quality care to thousands of patients throughout East Tennessee.
Ramp Corporation, through its wholly owned HealthRamp subsidiary, develops and markets the CareGiver and CarePoint suite of technologies. CareGiver enables long term care facility staff to easily place orders for drugs, treatments and supplies from a wireless handheld PDA or desktop web browser. CarePoint enables electronic prescribing, lab orders and results, Internet- based communication, data integration, and transaction processing over a handheld device or browser, at the point-of-care. HealthRamp's products enable communication of value-added healthcare information among physician offices, pharmacies, hospitals, pharmacy benefit managers, health management organizations, pharmaceutical companies and health insurance companies. Additional information about Ramp can be found at www.Ramp.com.
Safe Harbor Statement: To the extent that any statements made in this press release contain information that is not historical, these statements are essentially forward-looking. Forward-looking statements can be identified by the use of words such as "expects," "plans," "will," "may," "anticipates," "believes," "should," "intends," "estimates," and other words of similar meaning. These statements are subject to risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, the ability of the Company to raise capital to finance the development of its Internet services and related software, the effectiveness, profitability and the marketability of those services, the ability of the Company to protect its proprietary information and to retain and expand its user base, the establishment of an efficient corporate operating structure as the Company grows and, other risks detailed from time-to-time in our filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update any forward-looking statements.
Contact:
Andrew Brown: (212) 440-1548
Investor Contact:
Bob Giordano Andrea Costa
ROI Group Associates, Inc. ROI Group Associates, Inc.
Phone: (212) 495-0200 x10 Phone: (212) 495-0200 x14
Fax: (212) 495-0746 Fax: (212) 495-0746
rgiordano@roiny.com acosta@roiny.com
SOURCE Ramp Corporation
Andrew Brown, +1-212-440-1548, or Investors, Bob Giordano, x10, rgiordano@roiny.com ,
or Andrea Costa, x14, acosta@roiny.com , both of ROI Group Associates, Inc.,
+1-212-495-0200, or fax, +1-212-495-0746, all for Ramp Corporation
http://www.prnewswire.com
Copyright (C) 2005 PR Newswire. All rights reserved.
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