News
ALR Technologies Constant Health CompanionTM to Fill a
Serious Gap in Current Health Management Practices Making Healthcare Cost
Reduction a Reality ALRT’s system to redefine disease management practices: Electronic Health
Management System to provide ongoing assistance and monitoring of patients once
they leave the hospital, leave the medical clinic or once the case manager
leaves their home
Wintson-Salem, North Carolina - November 8, 2006 - ALR Technologies, Inc. (OTCBB:
ALRT) announces that the Constant Health Companion(tm) (brand name for the
chc), the company’s home health management compliance system can fill a
serious gap in current health management practices. According to Stan Cruitt,
President of ALR Technologies, current disease and health management practices
have a serious gap in care. “The patient is well taken care of when they are in
the hospital, in the medical clinic, at the pharmacy or when the care giver or
case manager is visiting their home, but once the patient is left to take care
of their own schedule of medications, treatments and other actions necessary to
get well or stay healthy they often are noncompliant and this is where health
management breaks down,” reports Cruitt.
“The opportunity to help patients with serious health conditions achieve better
health results while lowering their cost of care for the insurance payer is now
a reality with the Constant Health Companion,” reports Cruitt. “A study in
Missouri Medicaid using compliance reminder systems with a population of
diabetic patients resulted in annual average cost savings of $3400 per person.
Annual cost savings with other disease states could range up into the tens of
thousands for some conditions up to hundreds of thousands for those with organ
transplants.”
Of all medication-related hospital admissions in the United States, 33 to 69
percent are due to poor medication adherence, with a resultant cost of
approximately $100 billion a year, according to a New England Journal of
Medicine 2005 study. “Currently disease management practices do not adequately
address this problem,” adds Cruitt.
“Our Constant Health Companion is portable and easy to use, it stays with the
patient wherever they go, it alarms to remind them to take the medication or
treatment at the appropriate time(s) of day, displays on a screen with large
font the exact actions to take and allows for a caregiver or case manager to
remotely monitor the patients compliance. The disease management industry was
built around the need to provide additional assistance to those with serious
health conditions, and although proven to be beneficial, most of the effort goes
to waste when the patient is noncompliant. And the patient is often
noncompliant. Many factors contribute to noncompliance and two of the primary
factors are busy lifestyle and complex regimens. Our Constant Health Companion
provides the solution for both of these situations.”
The ALRT Constant Health Companion is portable, affordable and easy to use. It
also allows remote programming changes and messaging to the patient about
appointments, refills, or precautionary information. ALR Technologies reports
that after several months of pilots and trials they completed their first
limited manufacturing run in 3rd Quarter and a full manufacturing schedule is
now underway with shipments to customers starting in January of 2007.
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. More information on the ALRT Constant Health
Companion can be found at http://www.alrt.com/products/CHC.html and more on ALR Technologies 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. |
