|MMR Information Systems, Inc. Completes Joint Venture Agreement With Unis-Tonghe Technology, a Division of Tsinghua Holdings in China|
|Monday, 04 January 2010 00:00|
MMR Information Systems, Inc. (OTCBB: MMRF) ("MMR") and Unis-Tonghe Technology (Zhengzhou) Co., Ltd. ("UNIS"), confirmed today that they have signed a definitive Joint Venture Agreement to deploy a customized version of MMR's MyMedicalRecords proprietary Personal Health Record ("PHR") services and MMRPro professional document imaging and management solutions in China. UNIS, a subsidiary of Unisplendour Corporation Limited (SHE: 00938) (www.unis.cn), and a division of Tsinghua Holdings Co., Ltd., is one of China's leading IT firms, employing more than 25,000 people.
Luo Jianhui, Vice President and Chairman of Unisoft Group, Unis-Tonghe Technology, and Robert H. Lorsch, Chairman and Chief Executive Officer of MMR Information Systems, Inc., made the announcement. The Joint Venture, working with Nihilent, MMR's technology partner in India, will integrate the MyMedicalRecords PHR (www.mymedicalrecords.com) and MMRPro system (www.mymedicalrecordsmd.com) into an EMR health IT platform to be used in China's vast healthcare market. MMR also plans to work with UNIS to ultimately provide electronic safe deposit box storage solutions based on its MyEsafeDepositBox (www.myesafedepositbox.com) to the financial, legal and insurance industries, which UNIS will help MMR introduce in China.
UNIS intends to launch the MyMedicalRecords technology platform along with a Chinese Electronic Medical Records ("EMR") system using MMR and UNIS technology in support of a massive UNIS medical records development project for China's 18,000 public hospital system, which will also be offered to as many as 10,000 private hospitals throughout the country. China does not currently have a method of electronically acquiring, storing or transporting individual health records.
According to MMR CEO Robert H. Lorsch, "The Chinese version of MMR's popular Personal Health Record, plus integration of MMRPro into a Chinese EMR system, will benefit Chinese citizens by providing them access to copies of their own personal health information. Currently, the Chinese population has very limited access so clearly this solution will make it easier to share medical records throughout the public and private Chinese hospital system, which has not been easily done in the past. By enabling hospitals and doctors to share a patient's health history utilizing existing medical records, the best possible care can be provided while reducing medical costs to individuals and the government."
China's hospitals, located in over 4,000 cities, are not connected electronically. MMR and UNIS' technology and commercialization teams will employ UNIS' Cloud Computing Platforms in operating MyMedicalRecords systems in conjunction with the Ministry of Health and other government, financial, legal and medical entities in China in an effort to bring health care into a unified network to benefit patients.