ALR Technologies Announces Submission of Comments to Centers for Medicare & Medicaid Services (CMS) on Proposed Policy for Glucose Monitors for Diabetes
http://www.marketwire.com/press-rel...rs-Medicare-Medicaid-Services-CMS-1357300.htm
Not quite sure what to make of this... 8)
ATLANTA, GA--(Marketwire - November 22, 2010) - ALR Technologies Inc. (OTCBB: ALRT) announces that on November 8, 2010 the Company submitted comments to CMS on a proposed policy for glucose monitors for diabetes.
ALRT recommended modification of the DRAFT policy to require a phased-in adoption of electronic strip count to verify actual usage of blood sugar test strips prior to prescription refill because it is cost effective, easy to use, reliable, auditable, and will reduce the paper work burden inherent with paper logs. (View the complete ALRT comments at http://www.alrt.com/about/investor-comments_cms)
The ALRT Health-e-Connect (HeC) System's platform provides a unique communication channel that allows test strip suppliers to have feedback and dialogue with patients to encourage patients' compliance to diabetes treatment plans and improve adherence. Adherence to prescribed treatment plans should improve health outcomes as was shown in a clinical trial where the ALRT HeC System was used by type 2 diabetes patients on insulin (see http://www.alrt.com/about/news/1).
The established resale market for unused test strips suggests that the quantities of test strips currently dispensed exceed usage by the intended consumers. If intended consumers continue to not adhere to prescribed treatment plans, the accurate measure of actual strips used will allow CMS to adopt a policy to reimburse refill only for strips that have been used instead of reimburse automatic refills of full prescriptions. The policy if adopted will result in material savings to CMS. (For features of HeC System see: http://www.alrt.com/about/news/11)
http://www.marketwire.com/press-rel...rs-Medicare-Medicaid-Services-CMS-1357300.htm
Not quite sure what to make of this... 8)
ATLANTA, GA--(Marketwire - November 22, 2010) - ALR Technologies Inc. (OTCBB: ALRT) announces that on November 8, 2010 the Company submitted comments to CMS on a proposed policy for glucose monitors for diabetes.
ALRT recommended modification of the DRAFT policy to require a phased-in adoption of electronic strip count to verify actual usage of blood sugar test strips prior to prescription refill because it is cost effective, easy to use, reliable, auditable, and will reduce the paper work burden inherent with paper logs. (View the complete ALRT comments at http://www.alrt.com/about/investor-comments_cms)
The ALRT Health-e-Connect (HeC) System's platform provides a unique communication channel that allows test strip suppliers to have feedback and dialogue with patients to encourage patients' compliance to diabetes treatment plans and improve adherence. Adherence to prescribed treatment plans should improve health outcomes as was shown in a clinical trial where the ALRT HeC System was used by type 2 diabetes patients on insulin (see http://www.alrt.com/about/news/1).
The established resale market for unused test strips suggests that the quantities of test strips currently dispensed exceed usage by the intended consumers. If intended consumers continue to not adhere to prescribed treatment plans, the accurate measure of actual strips used will allow CMS to adopt a policy to reimburse refill only for strips that have been used instead of reimburse automatic refills of full prescriptions. The policy if adopted will result in material savings to CMS. (For features of HeC System see: http://www.alrt.com/about/news/11)
