Friday, April 3, 2009

National Research Council invests in EHR


April 3, 2009 CAMBRIDGE, ONTARIO--(Marketwire - April 3, 2009) - The Honourable Gary Goodyear, Minister of State (Science and Technology), announced today a contribution to MedShare Inc. from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP) to support an innovative research and development project.

"The Government of Canada is committed to building a competitive advantage for the Canadian private sector and supports these leading edge technology solutions," said Minister Goodyear. "This investment in the development of advanced technologies, taking place right here in Cambridge, can one day make the lives of the sick and the elderly much more manageable in their homes."

MedShare is a software company that provides mobile health record solutions to meet the needs of North American home health care agencies. This initiative will receive a grant of up to $284,500 under the IRAP program and allow the company to explore a new solution for the management of electronic health records for the home care sector. The technology will ultimately be delivered to clients by one of MedShare's health care delivery partners.

The Industrial Research Assistance Program is a Government of Canada initiative that provides business advice, access to competitive business information, contacts, networks and potential financial support to small and medium-sized enterprises (SMEs) for their innovation-based projects. NRC-IRAP customizes solutions to some 8,000 SMEs annually. The program brings together a diverse network of organizations, services, funding and programs to help firms develop and utilize technologies within all industrial sectors across the country.

"NRC-IRAP has been working closely with MedShare to help the company achieve global recognition and develop its projects to achieve real commercial success," said NRC President Dr. Pierre Coulombe. "Providing assistance to MedShare demonstrates NRC's commitment to investing in research priorities such as health and wellness."

"At MedShare, we are experiencing rapid growth in our electronic medical record (EMR) solutions, which required a fundamental reengineering of the EMR platform," says Barry Billings, President and CEO of MedShare Inc. "With the assistance of NRC-IRAP, the next generation of MedShare Enterprise Server will support up to the estimated 1.5 million patients currently receiving home care in Canada."

About MedShare

MedShare uses leading edge mobile technology to fundamentally transform the delivery of home health care services yielding better medical outcomes and improved operational results. Better medical information results in improved health outcomes, reduced paper burden, and more time available for client care - improving the efficiency and profitability of home health care agencies.

About NRC and NRC-IRAP

Recognized globally for research and innovation, the National Research Council (NRC) is a leader in the development of an innovative, knowledge-based economy for Canada through science and technology.

Working directly with clients, NRC-IRAP's field staff of 240 industrial technology advisors support corporate innovative research and development and assist them while they become commercialization-ready with their new products and services.

NRC-IRAP views SMEs as the strategic backbone of the Canadian economy and is committed to working with them while they realize their full potential and turn knowledge and innovation into strategic opportunities, jobs and prosperity for all Canadians.

For more information (media only), please visit NRC-IRAP's Web site www.irap-pari.nrc-cnrc.gc.ca/main_e.html.


CONTACT INFORMATION:

National Research Council Canada
Media Relations
613-990-6091
media@nrc-cnrc.gc.ca

or

Office of the Honourable Gary Goodyear
Minister of State (Science and Technology)
Gary Toft
Director of Communications
613-943-7599

INDUSTRY: Government - International, Government - Local, Government - National, Government - Security (law enforcement, homeland etc), Government - State

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