“Doctors are ready to use electronic systems, but need the training and the connection to do so,” says Dr. Claude Richard, Senior Consultant to the project, and one of Canada’s leading experts in Physician-patient communications. “This network will not only help GP’s efficiency but also lead to better patient care.”

The VisualMED software will power physician access to a healthcare informatics network, initially at the mini-regional level, and eventually across provincial and state jurisdictions. Access of this nature is very inexpensive, and can be installed very rapidly at this micro level.

This makes the system extremely attractive for all types of healthcare facilities, while having the potential to generate large aggregate revenues as part of a coherent network. “We are very encouraged by the potential of this project in Canada,” says M. John Geraci, a Miami-based financier whose company Meridian Structured Funding LLC is providing the financing for the project. ”We are pleased to have the opportunity to bring some of our expertise to bear on projects in Canada and hope this will be the first of many, concludes M. Geraci.

“Recent advances in technology has made interoperability concerns a thing of the past, and makes this project cost effective,” says information technology specialist Dr. George Engelberg, a consultant to VisualMED on this project.

Based on conservative estimates, at 15 cents per transaction, the private clinic network has the potential to generate between $20 - 35 million of business per year in the Province of Quebec and Eastern Canada.

The connectivity solutions that the VisualMED software can provide to local domestic healthcare networks are beginning to generate interest from European healthcare authorities. There is a new awareness that real-time information transfer between General Practitioners, local laboratories, and pharmacies, can improve practitioners’ performance, as well as the quality of care being provided.

Another important advantage is that the VisualMED software can now bring real-time information sharing between the point of care and the point of prescription, and laboratories, for the first time giving patients at private clinics the same advantages as those in hospitals where decision support software like VisualMED help provide better quality of care.

Clinics equipped with VisualMED will have access to the full range of computerized physician order entry functions, and when connected to labs and pharmacies will afford physicians the decision support safety network not heretofore available in the ambulatory setting.

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