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Medefile International, Inc. (OTCBB: MDFI) is one of our highlighted companies this month. The company has developed a proprietary system for gathering and digitizing medical records so that individuals can have access to a comprehensive set of their medical records. MedeFile's primary product is the MedeFile system, a highly secure system for gathering and maintaining medical records. The MedeFile system is designed to gather all of its members' actual medical records and create a single resource that is accessible 24 hours a day, seven days a week.
In our client’s news yesterday,
MedeFile International Incorporated announced that it has signed a collaborative marketing agreement with The Benefit Source Inc. This agreement unites MedeFile, one of the nation’s leaders in portable electronic medical records solutions, with The Benefit Source Inc, an independent brokerage firm offering group and individual health insurance to customers nationwide. The deal is advantageous to both parties and will provide reliable, cost saving, medical data for thousands of clients.
The details of the agreement will have an immediate impact on Medefile because The Benefit Source will begin to actively market the MedeFile System to both its existing business clients and prospects. Since its founding in 1992, The Benefit Source has been offering employers comprehensive medical, dental, business, life, property and casualty policies from a variety of carriers. The Benefit Source distinguishes itself from competitors by educating business owners and corporate executives on the latest innovations in employee benefits and insurance products and then customizing programs that best suit their respective business needs.
Benefits Source Inc. Chief Executive Officer Robert Gordon stated, “We make a point of differentiating our Company from our peers by remaining focused on empowering clients with cutting edge ideas and solutions, matched by superior customer service and attention. The MedeFile solution is both unique and compelling, providing our account executives with a novel approach to gain entre to new business prospects and provide even greater value to our existing customers, as well. We have been very pleased to find that both existing and potential new clients quickly grasp that with MedeFile their employees can play a proactive role in helping to better control healthcare costs and prevent insurance premiums from spiraling out of control.”
The Benefits Source will begin marketing Medefile’s products nationwide. The company is headquartered in Elmhurst, Illinois but has branch offices in Atlanta, Georgia; Flora, Illinois; Orlando, Florida; and Scottsdale, Arizona. Now, with the technological advantage offered by Medefile, clients of The Benefit Source will enjoy access to their full medical records 24 hours a day, seven days a week from any desktop or laptop computer or hand-held web-enabled computing device.
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Forward-Looking Statement:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.