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e-Telmed, Inc., the Leading Telehealth Solution Provider, Signs Exclusive Agreement with Synergistic Healthcare

This new partnership between e-Telmed and Synergistic Healthcare provides an immediate financial and viable solution for healthcare reform.


8/31/2009



e-Telmed, Inc., (www.etelmed.com) the leading single source telehealth solution provider and Synergistic Healthcare, a national leader in distributing and designing healthcare savings accounts for unions, employers, and brokers, announced today that they have signed an exclusive agreement. This partnership, targeting large corporations and unions, will not only revolutionize the delivery of healthcare in the U.S., it creates a viable solution for healthcare reform.

The combination of e-Telmed and Synergistic expand and personalize employees' healthcare needs while cutting costs. Employees will have an HSA, a healthcare savings account, which gives them control over their personal health. The HSA is not limited by insurance plans and is tax free to the employer. The employee will get a VISA debit card to use for healthcare costs. Any leftover funds are rolled over and the employer can use this rollover for a healthcare retirement fund. The services that e-Telmed offers include virtual doctor visits, Personal Health Records, and a philosophy that commits to consistent, high quality healthcare, while maintaining lower costs.

Unlike other telehealth companies, e-Telmed maintains HIPAA compliance, offers preventative healthcare measures, and provides a total, fully-integrated telehealth solution for providers and patients.

Synergistic Healthcare gives employers and unions a structured program of an effective HSA and High Deductible Health Plans (HDHPs) to immediately achieve healthcare cost savings and future healthcare cost containment.

HSAs are intended to give control of healthcare and healthcare dollars back to the insured while encouraging behavior changes directed to wellness. The incorporation of e-Telmed's technology, process and tools create immediate and additional savings to the insured. Unlike traditional healthcare plans, HSAs savings stay with the insured, and not the insurance company.

The partnership between e-Telmed and Synergistic Healthcare provides the missing link in the HSA and healthcare marketplace and creates a real solution for healthcare reform. According to e-Telmed CEO Lancelot James, "The combination of the Synergistic and e-Telmed will revolutionize the delivery of healthcare. Both the employer and employee will experience tremendous cost savings in healthcare with patient record tracking which eliminates lab test duplication and errors, reduced transportation costs for providers and patients, improved patient access to specialists, better communication among providers, and much more." e-Telmed connects the physician to patients who live nearby or across the country and provides a great way for patients who travel domestically and internationally to stay in touch with their physicians.

According to Synergistic Healthcare President and CEO, John N. D'Angelo, "Synergistic Healthcare provides the greatest flexibility and most options for patients to save money on healthcare. Combining this tremendous service with the best telehealth company, e-Telmed will change perception that providing quality healthcare is not cost-prohibited."



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