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ALR Technologies Constant Health Companion(TM) to Fill a Serious Gap in Current Health Management Practices Making Healthcare Cost Reduction a Reality
ALRT's System to Redefine Disease Management Practices: Electronic Health Management System to Provide Ongoing Assistance and Monitoring of Patients Once They Leave the Hospital, Leave the Medical Clinic or Once the Case Manager Leaves Their Home
| Source: ALR Technologies, Inc.
WINSTON-SALEM, NC -- (MARKET WIRE) -- November 8, 2006 -- ALR Technologies, Inc. (OTCBB : ALRT )
announces that the Constant Health
Companion™ (brand name for the ALRT500), the company's home health management compliance
system can fill a serious gap in current health management practices.
According to Stan Cruitt, President of ALR Technologies, current disease
and health management practices have a serious gap in care. "The patient is
well taken care of when they are in the hospital, in the medical clinic, at
the pharmacy or when the care giver or case manager is visiting their home,
but once the patient is left to take care of their own schedule of
medications, treatments and other actions necessary to get well or stay
healthy they often are noncompliant and this is where health management
breaks down," reports Cruitt.
"The opportunity to help patients with serious health conditions achieve
better health results while lowering their cost of care for the insurance
payer is now a reality with the Constant Health Companion," reports Cruitt.
"A study in Missouri Medicaid
using compliance reminder systems with a population of diabetic patients
resulted in annual average cost savings of $3400 per person. Annual cost
savings with other disease states could range up into the tens of thousands
for some conditions up to hundreds of thousands for those with organ
transplants."
Of all medication-related hospital admissions in the United States, 33 to
69 percent are due to poor medication adherence, with a resultant cost of
approximately $100 billion a year, according to a New England Journal of
Medicine 2005 study. "Currently disease management practices do
not adequately address this problem," adds Cruitt.
"Our Constant Health Companion is portable and easy to use, it stays with
the patient wherever they go, it alarms to remind them to take the
medication or treatment at the appropriate time(s) of day, displays on a
screen with large font the exact actions to take and allows for a caregiver
or case manager to remotely monitor the patients compliance. The disease
management industry was built around the need to provide additional
assistance to those with serious health conditions, and although proven to
be beneficial, most of the effort goes to waste when the patient is
noncompliant. And the patient is often noncompliant. Many factors
contribute to noncompliance
and two of the primary factors are busy lifestyle and complex regimens.
Our Constant Health Companion provides the solution for both of these
situations."
The ALRT Constant Health Companion is
portable, affordable and easy to use. It also allows remote programming
changes and messaging to the patient about appointments, refills, or
precautionary information. ALR Technologies reports that after several
months of pilots and trials they completed their first limited
manufacturing run in 3rd Quarter and a full manufacturing schedule is now
underway with shipments to customers starting in January of 2007.
About ALR Technologies Inc.
ALR Technologies, which specializes in health and disease management
products and services, designs and manufactures medication compliance products
and compliance home-monitoring and intervention systems to meet the needs
for several targeted user groups. More information on the ALRT Constant
Health Companion can be found at http://www.alrt.com/products/alrt500.html
and more on ALR Technologies at http://www.alrt.com.
This release contains certain "forward-looking statements" relating to ALR
Technologies business, and these statements reflect the current views of
ALR Technologies with respect to future events and are subject to certain
risks, uncertainties and assumptions. When used, the words "estimate,"
"expect," "anticipate," "believe" and similar expressions are intended to
identify such forward-looking statements. There are many factors that
could cause the actual results, performance or achievements of ALR
Technologies and its products to be materially different from any future
results, performances or achievements that may be expressed or implied by
such forward-looking statements. Further management discussions of risks
and uncertainties can be found in the company's quarterly filings with the
Securities Exchange Commission.