Navigation Links
QMed, Inc. Extends Agreement & Receives $550,000 Performance Bonus

EATONTOWN, N.J., Oct. 8 /PRNewswire-FirstCall/ -- QMed, Inc., (Nasdaq: QMED) today announced that it has extended its agreement with a health plan customer for an additional three years. Under the terms of the agreement, QMed will continue to provide its interventions for stroke and coronary heart disease. In addition, the Company receives a bonus of $550,000 for having achieved specific quality and financial performance measures.

Jane Murray, QMed president and CEO said, "We are obviously gratified to continue our relationship with this health plan. Just as importantly, and consistent with our historical experience, our interventions have shown positive health and financial outcomes in both commercial and Medicare populations," she concluded.

About QMed, Inc.

QMed provides evidence-based clinical information management systems around the country to its health plan customers. The system incorporates Disease Management services to patients and decision support to physicians. The Company's QMedCare subsidiary specializes in serving high-risk populations of Medicare beneficiaries. The Company also operates a Medicare Demonstration to test the feasibility of reimbursing its care coordinated DM services in the vast Medicare fee-for-service program. More information on QMed, Inc. can be obtained at, by calling (732) 544-5544 or by emailing

Except for historical information contained herein, matters discussed in this news release are forward-looking statements that involve risks and uncertainties. They include but are not limited to those relating to the timely implementation of programs, the impact of competitive product introductions, acceptance and pricing, and those risks detailed in the Company's filings with the Securities and Exchange Commission (SEC). Actual results may differ materially from any forward-looking statements due to these risks and uncertainties.

Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. India extends National TB Control Program
2. Irish Medicines Board Extends Paracetamol Recall To All Batches
3. Treatment Extends Survival in Mouse Model of Spinal Muscular Atrophy
4. Caloric Restriction in Non-obese People Extends Life Span
5. Vitamin Extends Life in Yeast, Dartmouth Medical School Researchers Find
6. Nexavar Significantly Extends Survival of Liver Cancer Patients
7. Ranbaxy Labs Extends Roots in South Africa
8. Vitamin Extends Life in Yeast, Dartmouth Medical School Researchers Find
9. Singapore Extends Smoking Ban to Pubs, Nightclubs
10. CCEA Extends National TB Control Project for Five Years
11. FDA Extends GRAS Approval Listex to All Food Products
Post Your Comments:
(Date:6/25/2016)... ... 2016 , ... First Choice Emergency Room , the largest network of ... Medical Director of its new Mesquite-Samuell Farm facility. , “We are pleased to ... said Dr. James M. Muzzarelli, Executive Medical Director of First Choice Emergency Room. ...
(Date:6/25/2016)... (PRWEB) , ... June 25, 2016 , ... ... athletes and non-athletes recover from injury. Recently, he has implemented orthobiologic procedures as ... City area —Johnson is one of the first doctors to perform the treatment. ...
(Date:6/25/2016)... ... 2016 , ... Conventional wisdom preaches the benefits of moderation, whether it’s a ... the bar too high can result in disappointment, perhaps even self-loathing. However, those who ... , Research from reveals that behind the tendency to set ...
(Date:6/24/2016)... ... , ... Those who have experienced traumatic events may suffer from a complex ... as drug or alcohol abuse, as a coping mechanism. To avoid this pain and ... a traumatic event. , Trauma sufferers tend to feel a range of emotions, from ...
(Date:6/24/2016)... CA (PRWEB) , ... June 24, 2016 , ... Marcy was in a crisis. Her ... would lash out at his family verbally and physically. , “When something upset him, he ... he would use it. He would throw rocks at my other children and say he ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... , June 24, 2016   Bay ... Rehabilitation Network,s Dean Center for Tick Borne ... Medicine and Rehabilitation, MIT Hacking Medicine, University of ... Innovation, today announced the five finalists of ... Lyme disease.  More than 100 scientists, clinicians, researchers, ...
(Date:6/24/2016)... June 24, 2016 Research ... "Structural Electronics 2015-2025: Applications, Technologies, Forecasts" ... In-Mold Electronics, Smart Skin, Structural Health ... Structural electronics involves electronic and/or electrical ... structures, replacing dumb structures such as vehicle bodies ...
(Date:6/24/2016)... , June 24, 2016 Dehaier Medical ... the "Company"), which develops, markets and sells medical devices ... , signed a strategic cooperation agreement with Hongyuan ... "Hongyuan Supply Chain") on June 20, 2016, to develop ... the strategic cooperation agreement, Dehaier will leverage Hongyuan Supply ...
Breaking Medicine Technology: