Navigation Links
As Healthcare Spending is Predicted to Exceed 4 Trillion in Less Than 10 Years, Technology will be Called upon to Stem the Tide
Date:2/28/2008

LEXINGTON, Ky., Feb. 28 /PRNewswire-FirstCall/ -- VirtualHealth Technologies, Inc. (OTC Bulletin Board: VHGI) President, Jim Renfro, today responded to a recent series of articles that predict by 2017, total health care spending will double to more than $4 trillion a year, accounting for one of every $5 the nation spends according to a projection by the federal government.

With the recent announcement of the increased costs in health care, projected to top $4 trillion by the year 2017, everyone is apparently searching for ways to curb these cost increases without diluting the quality of health care delivery. "Our economy can ill afford for our health care spending to equal nearly 20% of our gross domestic products," stated Jim Renfro, President of VirtualHealth Technologies, Inc. "With the costs to our economy for our current trade imbalance, we have major concerns as to the impact this increase cost for medical services would have on both our economy and the nation." Renfro continued, "It is our firm belief that the best way to curb the increase costs for medical services is with the introduction of new cutting-edge technology solutions. That is why we are investing heavily in these technologies which will assist healthcare providers in operating more efficiently and more securely."

"Being able to curtail prescription drug abuse and doctor shopping will save the states and the medical communities millions of dollars each year," President Renfro reported. "We also now have the capability of providing a security platform which will allow both State and Federal Agencies to share information between themselves and members of the healthcare community in ways never before possible." Renfro continued, "We must all join together, business leaders, government agencies and members of the healthcare community to resolve this issue, otherwise it will impact the quality of life for generations to come."

This press release contains forward-looking sta
'/>"/>

SOURCE VirtualHealth Technologies, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2

Related medicine news :

1. YMCA of the USA and McNeil Consumer Healthcare Partner to Promote Health for Older Adults
2. NeurogesX to Present at Susquehanna Financial Groups 2nd Annual SIGnificant Options in Healthcare Conference
3. Healthcare Businesswomens Association Names Genentechs Leonard Kanavy, Vice President, Commercial Operations as the 2008 Honorable Mentor
4. Novavax CEO to Present at Susquehannas Second SIGnificant Options in Healthcare Conference
5. APIC Selected as Faculty in Blue Shield of California Foundation Initiative to Fight Healthcare-Associated Infections
6. Abaxis, Inc. to Present at the Susquehanna Financial Groups Second Annual SIGnificant Options in Healthcare Conference
7. Idenix Pharmaceuticals to Present at the SIGnificant Investment Options in Healthcare Conference
8. AMN Healthcare Reports Fourth Quarter and Year End 2007 Results; Provides Full Year 2008 Guidance
9. Advanced Life Sciences to Present at Susquehannas Second Annual SIGnificant Investment Options in Healthcare Conference
10. Agfa HealthCare, InterComponentWare, and Sun Microsystems Join Open eHealth Foundation at HIMSS08
11. Microsoft and Microsoft Healthcare Users Group Announce Winners of MS-HUG Healthcare Innovation Awards 2008
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/27/2014)... Beach, Florida (PRWEB) August 28, 2014 ... Kevin Harrington, Chairman of As Seen On TV, Inc., ... as “The Millionaire Maker”. as Excelerate attendees will learn ... and will have the ability to pitch to an ... World Renowned Business Experts and Millionaire Mentors directly to ...
(Date:8/27/2014)... 2014 For those who want ... ASP.NET hosting products are very practical. Top10BestSEOHosting.com today ... FatCow are the best ASP.NET hosting suppliers of ... as a top web hosting provider for a ... with it today. Recently proclaimed one of the ...
(Date:8/27/2014)... 28, 2014 Delta, a reliable supplier ... several practical Cat D7R Dozers to its used ... spokesman has announced that all these items are offered ... is to expand Delta’s market share in the coming ... launch the special offer; he has much confidence in ...
(Date:8/27/2014)... 28, 2014 Recently, UWDress.com, a popular ... women, has unveiled its new range of elegant ... in this new assortment. All the company's new and ... to 62 percent off. , This experienced company ... corset bridesmaid dresses, simple bridal gowns, backless party outfits, ...
(Date:8/27/2014)... Charlotte, NC (PRWEB) August 27, 2014 Taking ... extremes, the Steele Creek YMCA will host its ... Race on Saturday, September 13 at YMCA Camp ... in three race divisions: adult, youth and teams. Within ... pushing themselves to their physical limit - for a worthy ...
Breaking Medicine News(10 mins):Health News:Top10BestSEOHosting.com Releases the Best ASP.NET Hosting Suppliers of This Year: Hostgator, Arvixe and FatCow 2Health News:Reliable Supplier Delta Adds New Items To Its Used Bulldozer Collection 2Health News:Elegant Bridesmaid Dresses For 2014 Now Available At UWDress.com 2Health News:C2 Survival Racers Go to Extremes to Provide Kids with YMCA Programs 2
... ScienceMONTERREY, Mexico, Feb. 17 Join the movement ... Birth Education Conference. The presentations will benefit ... birth practices and advanced methods that will better ... and child. This important conference is for ObGyns, ...
... Global Prevention Network(TM) as AffiliateDALLAS and PARIS, Feb. ... in disease prevention services, has signed an affiliation ... jointly deliver preventive medicine services in Paris, France, ... of Excellence for Prevention Plan members throughout the ...
... Helps Launch Event Honoring Local BoyCHICAGO, Feb. 17 ... Hiatt Foundation along with his wife, Paula, announced the ... February 28, 2009, to be hosted by legendary broadcaster ... fundraising event for the newly created foundation, named after ...
... NuVasive, Inc. (Nasdaq: NUVA ), a medical ... treatments for the spine, announced today that Patrick Williams, Vice ... Musculoskeletal Conference at the University of Nevada in Las ... at 8:20 a.m. PT.A live Web cast of the presentation ...
... professionals believe that they should also participate in injury ... by emergency medicine researchers at the Medical College of ... the only health care providers who see people in ... likely to identify safety or health issues ...
... In the blink of an eye, people at risk ... diseases such as diabetic retinopathy and age-related macular degeneration. ... of Energy,s Oak Ridge National Laboratory to understand semiconductor ... digital cameras that take pictures of the retina. Those ...
Cached Medicine News:Health News:International Humanization of Birth Conference 2Health News:U.S. Preventive Medicine(R), American Hospital of Paris Sign Affiliation Agreement to Deliver Preventive Medicine Services 2Health News:U.S. Preventive Medicine(R), American Hospital of Paris Sign Affiliation Agreement to Deliver Preventive Medicine Services 3Health News:Bill Kurtis to Host First 'Art of Living Gala' on February 28, 2009 2Health News:Bill Kurtis to Host First 'Art of Living Gala' on February 28, 2009 3Health News:NuVasive to Present at Canaccord Adams Musculoskeletal Conference 2Health News:NuVasive to Present at Canaccord Adams Musculoskeletal Conference 3Health News:Emergency medical professionals support their participation in prevention programs 2Health News:ORNL, UT project could save vision of millions 2Health News:ORNL, UT project could save vision of millions 3
(Date:8/27/2014)... TWi Pharmaceuticals, Inc. (4180.TT) today announced that ... States Food and Drug Administration (FDA) on its ... 125mg/ml oral suspension, the generic equivalent to Par ... under Hatch Waxman rules, it will be entitled ... completed the pre-launch preparation of the generic drug.  ...
(Date:8/27/2014)... Columbia and MENLO PARK, Calif. ... Inc. , (OTCQB: DMPI), developer of advanced cancer ... at the 16th Annual Rodman & Renshaw Global Investment ... LLC. The presentation will take place Tuesday, September 9th at ... floor) at the New York Palace Hotel in ...
(Date:8/27/2014)... 27, 2014 Varian Medical Systems (NYSE: VAR) today broke ... Salt Lake City manufacturing facility and allow ... Utah to ultimately create 1,000 new full ... " Utah is home ... of whom can be credited with Varian,s success in the ...
Breaking Medicine Technology:TWi Pharmaceuticals Receives US FDA Final Approval on Generic Megestrol Acetate 125mg/ml Oral Suspension 2DelMar Pharmaceuticals To Present At The 16th Annual Rodman & Renshaw Global Investment Conference 2DelMar Pharmaceuticals To Present At The 16th Annual Rodman & Renshaw Global Investment Conference 3DelMar Pharmaceuticals To Present At The 16th Annual Rodman & Renshaw Global Investment Conference 4Varian Medical Systems Groundbreaking on Facility Expansion Triggers Influx of New Jobs to Salt Lake 2Varian Medical Systems Groundbreaking on Facility Expansion Triggers Influx of New Jobs to Salt Lake 3Varian Medical Systems Groundbreaking on Facility Expansion Triggers Influx of New Jobs to Salt Lake 4
... Nfocus Neuromedical, Inc., an innovative medical device company ... brain aneurysms, today announced that the company received U.S. ... Vessel Occlusion System (VOS).  The Acta VOS provides physicians ... an array of common and potentially serious vascular lesions. ...
... 11, 2011 Reportlinker.com announces that a new ... Novo Nordisk A/S: PharmaVitae Profile ... Introduction This analysis ... Nordisk in the prescription pharmaceutical sector. The profile ...
Cached Medicine Technology:Nfocus Neuromedical Announces FDA 510(k) Clearance for Next Generation Device to Treat Vascular Lesions 2Reportlinker Adds Novo Nordisk A/S: PharmaVitae Profile 2
Each handle is designed to fit a specific trephine size....
... German Craftsmanship have produced ... in the world. Ocutek ... to you! Only holders ... certificate, which requires and ...
Permits rotation of the globe during examination. Overall length,123mm....
... of German Craftsmanship have ... instrumentation in the world. ... available to you! Only ... Meisterbrief certificate, which requires ...
Medicine Products: