Media and Press


iMedicor to Provide Physicians' Alliance of America With HIPAA-Compliant Communications System

20,000 Member Physician Network to Become Early Adopters of the iMedicor Monthly Subscription Model 

NANUET, NY--(06/28/10) - iMedicor (OTC.BB:VMCI) a leading provider of HIPAA-compliant communication systems for the healthcare community, today announced that Physicians' Alliance of America, a non-profit professional organization for physicians and their practices, has selected iMedicor's secure messaging system as the recommended communications system to their members.

The 20,000 plus members of the Physicians' Alliance of America (PAA) network will receive a special non-profit rate of $14.95 per month, a $5.00 discount to the regular subscription rate of $19.95 per month. The iMedicor subscription-based service is scheduled to go into effect August 1, 2010.

This deployment will provide one of the key components addressing the "Meaningful Use" requirements developed by the Federal government under the Department of Health and Human Services, specifically in the area of interoperability. The system will provide participants with affordable, secure health information technology solutions with a HIPAA-compliant communications network and the benefits of a social community portal. In addition, doctors participating in the PAA Communications Program will have access to the latest educational and product resources through iMedicor's ClearLobby service.

"This agreement is a significant milestone for iMedicor," said CEO Fred Zolla. "The 20,000 members of the Physicians' Alliance network represent the early adopters of a monthly subscription model in which iMedicor will deliver a wide range of features and services to the healthcare community. The PAA Network is the first of several physician and dental organizations expected to enter into similar agreements with iMedicor this year."

The iMedicor subscription-based model will enhance healthcare delivery by providing a number of critical services, including:

  • A HIPAA-compliant secure messaging service that allows physicians and their staff to attach files, medical records and images and transport patient-specific information in a secure environment.
  • A social community in which physicians can invite peers into their community, expand collaboration and referral networks and the invited physicians can create their own community.
  • Access within the iMedicor portal to one of the most extensive libraries of Continuing Medical Education programs available, by specialty, offering credit hours, skill development and product specific information.

"PAA recognizes the opportunity to work with iMedicor as a big step toward upgrading and providing a secure, HIPAA compliant interoperable communication system for the entire healthcare community," said Robert Chalmers, Executive Director of the PAA network, "We see the iMedicor service as a key component of any national healthcare communications initiative, and we are excited by the potential this alliance represents in benefiting our members."

About IMedicor:

iMedicor is the only HIPAA-compliant solution for interoperable health information exchange (HIE) that offers services at no cost to healthcare providers and patients. The iMedicor portal enables physicians, administrators and other qualified healthcare professionals to exchange medical records, files and images in a HIPAA compliant environment and allows disparate EMR (electronic medical record) systems to integrate and share data. iMedicor also delivers important information on new drugs and treatments to its members as well as the members of its syndicated partners through their ClearLobby platform. More information on iMedicor is available at www.imedicor.com.

About PHYSICIANS ALLIANCE OF AMERICA:

Physicians' Alliance of America is a nonprofit group purchasing organization founded in 1992 by a small handful of doctors concerned about the rising costs of running a private practice. The Board of Directors is comprised solely of practicing physicians. They face the very same challenges that members do. In addition, the Executive Director has been in healthcare administration (hospital and practice) over 30 years. By serving its members and giving them increasing value for their membership the organization has grown to where they now serve over 20,000 doctors of all specialties and practice sizes across the country. Members of PAA save millions of dollars every year through vendor offers, strategic alliances and partnerships formed through the organization. In addition, last year PAA instituted the Vaccines Rebate Program whereby members can earn rebates directly from PAA (in addition to best in the nation pricing).




The statements contained herein, other than historical information, are or may be deemed to be forward-looking statements and involve factors, risks, and uncertainties that may cause actual results in future periods to differ materially from such statements. These factors, risks, and uncertainties include market acceptance of iMedicor’s products and services; the nonexclusive and terminable-at-will nature of certain of the company's partnerships and agreements; rapid technological change affecting demand for our products and services; competition from companies providing similar products and services, availability of sufficient financial resources to enable us to expand our operations, as well as other risks detailed from time to time in our filing s with the Securities and Exchange Commission.