News
“Electronic Nurse” Hits the Market
Can Improve Health Outcome and Lower Cost Of Healthcare
ALR Technologies Announces First Sales of its CHC Home Health
Management Reminder and Monitoring System
Winston-Salem, NC – August 1, 2006 – ALR Technologies, Inc. (OTCBB: ALRT)
announced today that they have now shipped product to fill the initial purchase
order for their CHC Home Health Management system. The ALRT system is the
first-in-kind in the US in an affordable, portable and an easy to use system
that reminds patients to take medications, treatments or other actions as well
as allow for remote monitoring and remote reprogramming by healthcare
professionals or family members. The system allows for continued oversight of a
patient, as the CHC goes with the patient wherever they are.
ALR Technologies utilized consumer and market research to identify the course of
direction to take during the development process, and ease of use,
transportability and affordability were the three most essential factors. The
product size is similar to a pager or cell phone and the cost of the product and
one full year of daily monitoring capability averages less than $40 per month to
a health management company. The CHC home health management system provides
the following:
- reminds a person to take actions, treatments or meds at the appropriate
times of day
- displays on a screen the exact actions to take
- displays on the screen any precautions the patient needs to remain aware
of
- retains a record of the patient’s compliance with these actions
- allows for remote monitoring by a healthcare professional or family
member
- allows for more real-time intervention or behavior modification
education from use of the patients compliance records
- easy for the patient to use; just the press of a button at the time of
each reminder event
- no PC required for the patient
- cannot be muted or turned off; essential for a health management
reminder system
- is battery powered with more than one year of battery life; low battery
indicator and replaceable battery
- essential medical records can be stored for access when traveling and a
need arises
CHC fills a major unmet need in US Healthcare. Stan Cruitt, president of
ALR Technologies, states that the ALRT system fills a significant gap in health
management that results in more than $140 BILLION annually in excess and
preventable health care costs; “the US health care system provides care when the
patient is in the medical clinic or in the hospital or at the pharmacy, but once
the patient leaves the pharmacy, the medical clinic or the hospital they are
largely on their own, and this environment is where the healthcare system fails
the patient. There are many complex treatment regimens, medications, and
diagnostics that the patient must follow to get well or to prevent a worsening
condition. Simply forgetting what to do, and when to do it, is at the heart of
the issue. The problem of forgetting to take your medication can be contributed
by many factors, particularly a busy lifestyle.”
“People fail to stay the course and the facts are, that if someone does not take
their medication, treatment or other action they will not get well and often
suffer a worsening condition. This leads to more and more medical appointments
or hospitalizations. One compliance reminder group resulted in annual cost
reductions of more than $3,000 per diabetic patient, and a clinical trial
resulted in a 98% improvement in the percent of people taking all their
medications daily”, adds Mr. Cruitt. “The ability to lower costs of healthcare
is real and obtainable, and now ready for the taking. Self insured corporations
or other companies providing for the costs of health plans now have the
opportunity to provide better care for their employees/dependents or patients
while cutting millions of dollars from their budgets.”
The company is now taking orders and a full-scale manufacturing run will
commence in August for shipments by late September. “With more than 16 million
people with diabetes, 16 million with COPD, and millions more with heart
disease, depression, cancer, organ transplant, HIV, etc., the potential benefit
to human health and to lowering cost of care is staggering”, reports Mr. Cruitt.
The CHC health management system can be viewed at http://www.alrt.com/CHC.
About ALR Technologies, Inc.
ALR Technologies, which specializes in health and disease management products
and services, designs and manufactures medication compliance products and
compliance home-monitoring and intervention systems to meet the needs for
several targeted user groups. ALR Technologies’ customer focus includes: health
insurance payers, disease management firms, home care companies, independent
living organizations, assisted living organizations, pharmaceutical
manufacturers, clinical research organizations, pharmacies, and the end
consumer. More information on ALR Technologies and its products can be found at
http://www.alrt.com.
Public and Investor Relations Contact:
Mercom Capital Group
tel: 1.512.828.6645
e-mail:
alrt@mercomcapital.com
This release contains certain “forward-looking
statements” relating to ALR Technologies’ business, and these statements reflect
the current views of ALR Technologies with respect to future events and are
subject to certain risks, uncertainties and assumptions. When used, the words
“estimate”, “expect”, “anticipate”, “believe” and similar expressions are
intended to identify such forward-looking statements. There are many factors
that could cause the actual results, performance or achievements of ALR Tech and
its products to be materially different from any future results, performances or
achievements that may be expressed or implied by such forward-looking
statements. Further management discussions of risks and uncertainties can be
found in the company’s’ quarterly filings with the Securities Exchange
Commission. |