Lifespan Inc. (Pink Sheets:LSPN) (www.lifespaninc.com) Lifespan announces that when Baby Boomers start turning 65 in 2011, approximately 8,000 Americans will become Medicare eligible every single day. The US currently has 37 million people over age 65, a figure the Census Bureau projects will hit 67 million by 2020 and 71.5 million by 2030 – nearly 20 percent of the U.S. population. At the same time, medical technology advances will continue to improve the survival rate of severely ill and injured patients, who then need home based health care, extensive therapy and nursing care.
Dr. Quyami the Company’s Chief Scientist and the Director of the nonprofit Centre of Excellence for Surgical Education & Innovation (www.cesei.org) stated that, “Technically advanced telemedicine based home healthcare is an extremely cost-effective, yet significantly underutilized health care option for seniors on Medicare.”
Lifespan Inc. (Pink Sheets:LSPN) (www.lifespaninc.com) Lifespan announces that as a result of the recently approved $20 billion devoted to Healthcare IT in the Stimulus Package, Dr. Quyami the Company’s Chief Scientist has determined to focus on utilizing the Lifespan System to create a HIPAA compliant Electronic Medical Record (EMR) for each person prescribed or utilizing Lifespan’s medical peripherals. The Company’s goal is to create a comprehensive program that will incorporate the results of testing systems into a web based EMR that will be instantly accessible by Patients, Physicians and other Providers.
The Lifespan Corporation was created to develop and guide feasible, economically viable business projects to a profitable and timely conclusion. Advanced Medical Devices is a project that Lifespan acquired several years ago and has been in development for over 10 years. Developments in technology and the US Healthcare industry have now reached a point where this innovative project is ready for launch.
Lifespan Inc. (Pink Sheets:LSPN) (lifespaninc.com) is excited to announce that Dr. Karim Quyami MD PhD has agreed to lead the Company’s medical and technical advisory team. Dr. Quyami will immediately assume the role of Chief Scientist on the Company’s Medical Advisory Board.
Dr. Quyami is currently the Director of Centre of Excellence for Surgical Education and Innovation (CESEI www.cesei.org). CESEI is a unique world class technology driven facility devoted to redesigning and rethinking the current practice of medicine.
Lifespan Inc. (Pink Sheets:LSPN) (lifespaninc.com) is pleased to announce that it is negotiating to acquire all right, title and interest to a collection of software and hardware products and technologies known as the MyScreenMD.com home based medical evaluation program. This proprietary program will integrate seamlessly with the Company’s Electronic Medical Evaluation model.
The Company will be acquiring, through its medical technology subsidiary Advanced Medical Devices, all the assets of MyScreenMD.com including proprietary hardware and software, industrial designs, intellectual property and websites and URLs of the Company including MyScreenMD.com. MyScreenMD.com is also focused upon becoming the leading provider of Internet based home medical diagnostic and testing products.