Windermere, FL / ACCESSWIRE / June 19, 2014 / iMedicor (OTC Pink:VMCI) announced today that it has signed a contract with Allied Dental with approximately 200 dentists in the northeast, concentrated in New Jersey and Pennsylvania. Robert McDermott, President and CEO of iMedicor stated, “Our company is very excited that Allied Dental saw the value in iMedicor’s consulting group to navigate the regulatory labyrinth on behalf of its providers to secure federal incentive funds.”
iMedicor has recently expanded its Meaningful Use Consulting team to cover the continental US. iMedicor has been working with qualified medical and dental practices throughout the United States to guide healthcare providers through the Federal EHR attestation process for Meaningful Use (MU) incentive funds. The incentive funds can total up to $63,750 per provider beginning with an initial payment of $21,250 in year one and five subsequent payments of $8,500 each subsequent year if the practice continues to meet MU qualifications.
“iMedicor is excited about this agreement. It is an important element of our business model to increase revenue and add significant customers over the coming months. As we show value to our consulting clients by securing MU incentive funds on their behalf, we believe we will be well received when we offer our clients additional value-added products. We look forward to duplicating the success of this agreement with our newly expanded national sales force”, Robert McDermott added.
iMedicor is a national provider of secure, HIPAA-compliant, software and consulting communication solutions for the healthcare community. iMedicor offers physicians, patients and other healthcare providers the use of a secure, HIPAA-compliant communications network that addresses current federal standards for security and interoperability as defined by Meaningful Use regulations. iMedicor also serves as a leading national Meaningful Use consultancy that assists doctors and dentists convert from paper to electronic health records (EHRs) while qualifying under Meaningful Use Federal Incentive Funding guidelines.
Forward Looking Statements
In this press release, the use of the words “believe,” “could,” “expect,” “may,” “positioned,” “project,” “projected,” “should,” “will,” “would” or similar expressions is intended to identify forward-looking statements that represent the Company’s current judgment about possible future events. The Company believes these judgments are reasonable, but these statements are not guarantees of any events or financial results, and actual results may differ materially due to a variety of important factors.
For more information contact: John Schneller at iMedicor, 888-810-7706, ext. 822.