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[November 08, 2012]
MediSwipe Inc.'s 800 Commerce Brings the Power of Telemedicine to Online Health Plan Market With Beta Launch of "My800Doctor.com"
LOS ANGELES, CA, Nov 08, 2012 (MARKETWIRE via COMTEX) -- 800 Commerce Inc., a mobile payment and marketing solutions company (www.800commerce.com), and MediSwipe Inc. (www.MediSwipe.com) (OTCQB: MWIP), a merchant payment solutions and financial products company for the medical health care industry, today announced the beta launch of "My800doctor.com," (www.my800doctor.com) a state of the art telemedicine portal allowing online appointment setting, video consultations, and 24/7 access to Provider networks of over 400,000 physicians via phone, email and video.
My800doctor.com as a unique healthcare portal delivers services connecting patients to physicians nationally online for consults and treatment from the privacy of their home or office. Many of the online features and benefits provided by My800Doctor.com for patients and users include: -- Telemedicine platform and communication center -- Marketing and patient enrollment website -- EMR and clinical tools -- Online scheduling and secure messaging -- Mobile text applications, online and video consults -- Patient portal and Personal Health Manager -- 24/7 Doctor On-Call Hotline for patients -- Request and refill e-Prescriptions -- Online Personal Health Record -- Health library and wellness tools "My800Doctor.com will offer to patients seeking alternatives to healthcare the freedom and significant convenience to 24/7 access of an extensive network of physicians and personal health records via phone, email and video. All while reducing the total cost of care by ensuring that members stay healthier with the right care, in the right setting, at the right time. As we add this powerful telemedicine platform through our technology partners and we convince corporate clients to add these services to their benefit package under the new Obama healthcare plan, small business will be able to cover employees affordably with modern healthcare options while improving employee retention and increasing profitability," stated Michael Friedman President of 800 Commerce and CEO of MediSwipe Inc.
"We have launched My800Doctor.com in partnership with SweetMD.com, and numerous other leading telemedicine technology partners as a proprietary owned property of 800 Commerce. MediSwipe will continue to provide merchant processing and banking services to our growing physician and wellness network with recent legislative changes in multiple states, as well as provide financing options for patients seeking elective surgeries through our extensive shared physician network between the two companies with the MediSwipe banking network.
We look forward to updating our shareholders on the progress of the S-1 registration statement and record date for 800 Commerce and additional news events as they occur in the near future," further stated Friedman The American Medical Association Council on Medical Service recently issued a report emphasizing the importance and value of telemedicine services and encourages reimbursement by private insurers for similar doctor on-call telemedicine services, which are currently covered under Medicaid in nearly half the country. As more employers and private insurers adopt similar policies, the market for this type of telemedicine services in the U.S. is expected to generate $3.6 billion in annual revenue over the next five years, according to a study by research firm Pike & Fischer.
About MediSwipe Inc.
MediSwipe Inc. (www.MediSwipe.com) offers a full spectrum of secure and reliable transaction processing and security solutions for the medical and healthcare industries, using traditional, Internet Point-of-Sale (POS), e-commerce and mobile (wireless) payment solutions. The Company now also offers digitized personal health records in conjunction with Industry Alliance Partners. MediSwipe offers reliable merchant payment solutions and closed loop pre-paid stored value and loyalty cards as a unique cash alternative to these regulated and e-commerce businesses specializing within the healthcare sector.
About 800 Commerce Inc.
800 Commerce (www.800Commerce.com) provides white label mobile and payment solutions for business designed to drive return on investment for high-volume clients and/or customized branded advertisers. Our platform and tools are designed to enable large brands or anyone with substantial reach to utilize the mobile device as a new means to communicate. Communication might be in the form of an advertisement or offer, coupon or reminder message in voice or Short Message Service (SMS). Regardless of the form, our platform can drive value and cost savings for companies large and small and the ability to drive contextually relevant advertising messages to the right audience.
FORWARD-LOOKING DISCLAIMER This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections.
This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of MediSwipe Inc. to be materially different from the statements made herein.
CONTACT: MediSwipe Inc.
Investor Relations: 561.296.6393 Email Contact SOURCE: MediSwipe, Inc.
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