|
| [April 17, 2012] |
 |
Retinalyze, LLC Enters into an Exclusive Agreement with NATIONAL EYEPA COALITION
SAVANNAH, Ga. --(Business Wire)--
Health Discovery Corporation (OTCBB: HDVY), a molecular
diagnostics leader in the use of patent protected advanced mathematical
techniques for personalized medicine, and Doctors Optimal Formula
LLC, a physician exclusive anti-aging, health and wellness
company have entered into an exclusive agreement for their 50%/50% joint
venture, Retinalyze, LLC as a preferred vendor with National
Coalition of Eye Care IPAs (NATIONAL EYEPA COALITION).
As a result of Retinalyze being launched at February 2012's Heart of
America Convention, national exposure for this ground breaking
technology has been overwhelmingly received by top Eye Doctors.
Recognizing the benefits of Retinalyze, LLC's Support Vector
Machine-based macular degeneration risk assessment technology, the
NATIONAL EYEPA COALITION has been granted exclusivity for optometrists
in return for meeting specified minimum guaranteed performance goals.
The NATIONAL EYEPA COALITION will begin immediately utilizing the
technology and with monthly ramp ups expects to have their member
doctors performing a minimum of 110,000 scans monthly by January 15,
2013 at a cost of $9.95 per scan plus $19.95 per month per doctor
service fee to maintain their exclusivity.
"With approximately 5,500 Eye Doctors in their group, we are incredibly
excited to have executed this contract with the NATIONAL EYEPA
COALITION," states Howard Loff, MD, CEO of Retinalize, LLC.
According to Dan Dieterichs, OD, President of the NATIONAL EYEPA
COALITION, "We are proud to announce our partnership with Retinalyze,
LLC. This partnership will bring exclusive new pattern recognition SVM
technology to the IPA physicians which will provide additional
information for them to utilize in their decision making process in
diagnosing chronic retinal diseases. Furthermore, the exclusive
arrangement will allow the IPA doctors to communicate with primary care
physicians, better integrating them in the health care delivery chain
for their patients. Our provider networks will be better able to provide
and coordinate care for our patients."
Retinalyze, LLC currently offers an Age-related Macular Degeneration
(AMD (News - Alert)) module. AMD is the leading cause of blindness in US adults 55
years and older and is a progressive eye disease affecting more than 15
million Americans, with over 200,000 new cases diagnosed each year.
"Using Retinalyze, LLC's proprieary technology, patients with AMD can
be identified earlier," notes Howard Loff, MD, "thereby enabling these
patients to begin treatment earlier which could significantly improve
their prognosis and quality of life. This is just the tip of the
iceberg, with the other modules soon to be released (i.e. diabetes,
hypertension, glaucoma, etc), the number of patients Retinalyze, LLC can
impact worldwide is absolutely staggering."
Stephen D. Barnhill, M.D., Chairman and CEO of Health Discovery
Corporation, states, "We are extremely pleased with this partnership
with the National Coalition of Eye Care IPAs with their 5,500 member
doctors and the immediate and significant revenue this group can
generate. In addition, we are also in discussions with large
Ophthalmology groups and expect to be executing contracts with these
physician groups in the very near future." Dr. Barnhill continued, "It
is very exciting to see how quickly the ophthalmic community is
embracing this SVM based macular degeneration tool and we are thrilled
to now have so many established customers who are looking forward to
purchasing our upcoming products using similar fundoscopic images to
evaluate patients with diabetes, hypertension, glaucoma, and others."
Eye Doctors and patients interested in learning more about the NATIONAL
EYEPA COALITION, please visit www.nationaleyepa.com.
About Doctors Optimal Formula LLC
Having been founded by medical doctors, Doctors Optimal Formula prides
itself on providing the best, scientifically formulated nutritional
supplements and anti-aging skin care available today! Focusing on
maintaining and improving the health and well being of our customers,
Doctors Optimal Formula has become vertically integrated to encompass
all aspects of healthcare, such as Vision Care Plans, Prescription
Pharmacy Plans and a physician provider network of over 10,000
physicians. For more information, visit www.DoctorsOptimalFormula.com.
About Health Discovery Corporation
Health Discovery Corporation is a molecular diagnostics company that
uses advanced mathematical techniques to analyze large amounts of data
to uncover patterns that might otherwise be undetectable. It operates
primarily in the emerging field of personalized medicine where such
tools are critical to scientific discovery. Its primary business
consists of licensing its intellectual property and developing its own
product line of biomarker-based diagnostic tests that include human
genes and genetic variations, as well as gene, protein, and metabolic
expression differences and image analysis in digital pathology and
radiology. For more information, see www.healthdiscoverycorp.com.
Forward-Looking Statements
This document contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995, the accuracy of
which is necessarily subject to risks and uncertainties, including,
without limitation, statements regarding future performance,
opportunities and investments, and anticipated results in general. From
time to time the Company may make other forward-looking statements in
relation to other matters, including without limitation,
commercialization plans and strategic partnerships. Actual results may
differ materially due to a variety of factors, including, among other
things, the acceptance of our approach to applying mathematics, computer
science and physics into the disciplines of biology, organic chemistry
and medicine and our products and technologies associated with those
approaches, the ability to develop and commercialize new drugs,
therapies or other products based on our approaches, and other factors
set forth from time to time in the Company's Securities and Exchange
Commission filings.
All forward-looking statements and cautionary statements included in
this document are made as of the date hereof based on information
available to the Company as of the date hereof, and the Company assumes
no obligation to update any forward-looking statement or cautionary
statement.

[ Back To SIP Trunking Home's Homepage ]
|