FONEMED@Home Receives Research and Development Funding from Government of Canada
Colorado Springs, CO — March 17, 2011 — Colorado-based FONEMED®, a health information technology services company, reported today that the Government of Canada, through the Atlantic Innovation Fund (AIF), has announced an investment in a major R&D effort to deliver the next generation of remote disease management services. The FONEMED@Home Division develops integrated technology and services, including remote monitoring, care transition, health coaching and post-discharge follow-up care. This project, with total estimated costs of $3.9 million, will receive approximately $2.4 million in support from the AIF.
“Through this AIF project, FONEMED will develop value-added products and services for current and new clients,” said the Honorable Keith Ashfield, Minister of National Revenue, Minister of the Atlantic Canada Opportunities Agency (ACOA) and Minister for the Atlantic Gateway. “The technology development of this project will greatly increase the access their clients will have to critical health information. Our Government is pleased to support the development of health-care technology that will provide access to disease management protocols. This new technology will enhance services and accessibility to vital health-care information.”
Michael L. Weaver, MD., Medical Director of FONEMED, observed, “Payers are pushing to control costs and improve outcomes through new approaches like Accountable Care Organizations and Patient Centered Medical Home programs. FONEMED’s integration of remote medical devices and communications technologies with health professionals, information infrastructures and operating systems provides the interactive extension of hands-on care.”
Chair of the FONEMED Advisory Board Robert Johnston, MD. added, “Atlantic Innovation Fund support will help FONEMED make our programs comprehensive and cost effective for a healthy future for organizations and their patients that partner with FONEMED.”
About FONEMED (www.fonemed.com)
With its 15 years of experience in the US and global markets and URAC accreditation, FONEMED maintains a roster of thousands of medical and management personnel, proprietary health information systems, and a robust, scalable communications and information infrastructure. Individuals, hospitals, corporations, benefit providers, insurers and governments use FONEMED’s 24/7 Nurse Advice Services and operating systems. The company also provides an Occupational Exposure Hotline, Medical Call Center Setup, Hispanic Health Card, Inbound and Outbound Calling, Integration with Care Transitions, Case and Disease Management, and Flu Hotlines. FONEMED has helped partners win awards from the Global Systems Mobile Association (GSMA), Cellular Telecommunications Industry Association (CTIA), and URAC.
About ACOA
The Atlantic Canada Opportunities Agency (ACOA) is the Government of Canada’s economic development department in Atlantic Canada. ACOA’s Atlantic Innovation Fund (AIF) is an initiative through which the Government of Canada is making strategic investments aimed at increasing Atlantic Canada’s innovative capacity. The AIF plays an important role in enhancing Atlantic Canada’s ability to carry out leading-edge R&D and in bringing new knowledge, jobs and business opportunities to the region.
Contacts
FONEMED
Andrew Landis
Director of Sales, 800-366-3633 ext. 5297
alandis@fonemed.com
