This appears to be the second EHR/PHR company to sign a license agreement with MMRGlobal, parent company of MyMedicalRecords.com. You can read some details below about the agreement or view the entire PR here, which states it is for 5 years and set to automatically renew after that period of time. I posted back on the 10th of December about the agreement with 4Medica, another EHR vendor who also signed an agreement with MMRGlobal.
4Medica Electronic Medical Records Company Signs Agreement With MMRGlobal (MyMedicalRecord) To License Health IT Patents
Bob and I talked about the patents on a prior blog post (link below) at the Medical Quack and you can also visit Bob Lorsch’s Blog at MMRGlobal at the link below where he further elaborates beyond our discussion and interview with more details about the technologies and patents. This is interesting to see companies without huge expensive lawsuits acknowledging the patents, which I guess is why you have them if one is the creator of such technologies.
Also in the news with a separate Press Release, MMR Platinum services was announced to replace the MedicAlertGold services with MyMedicalRecords.. All current members using the current “Gold” service will be able to transition to the new upgraded services. The company offers 24/7 help availability for customers. Both licensing agreements signed are with EMR vendors supporting meaningful use and I realize this is only 2 vendors so far but is it setting pace for the rest in the PHR/EHR industry…a very interesting patent case to say the least. BD
MMRGlobal Inks Royalty-Based License Agreement With Electronic Health Record Provider Healthcare Holdings Group and PHR Competitor Access My Records
Dec 18, 2012 (Marketwire via COMTEX) --MMRGlobal, Inc. (OTCQB: MMRF) today announced it has filed a Form 8-K regarding the signing of another royalty-based licensing agreement. On December 17, 2012, MyMedicalRecords, Inc. ("MMR") signed a Non-Exclusive Patent License Agreement with Healthcare Holdings Group, Inc. ("HCH"), the parent of Access My Records, Inc., to license the U.S. rights for the health IT patents owned by MyMedicalRecords, Inc. These include but are not limited to U.S. Patent Numbers 8,321,240; 8,301,466; 8,117,045; 8,117,646; and 8,121,855, as well as any other health IT patents to be issued pursuant to pending applications filed by MyMedicalRecords in the United States and all divisions, continuations, reissues, and extensions (the "MMR Patents").
The initial term of the Agreement is five years and automatically renews to the expiration date of the last licensed patent to expire, which currently in the U.S. is twenty years from the date of filing. MMRGlobal is a leading provider of Personal Health Records (PHRs) including its MyMedicalRecords.com PHR and MMRPro document management and imaging systems for healthcare professionals.
Healthcare Holdings Group, Inc. is a comprehensive Electronic Health Record systems provider. HCH's solutions are designed for General Practice and Chiropractic disciplines. The company's software systems include ChartZoneMD, an EHR cloud-based software solution, and SmartFormsMD, a Voice Recognition Medical Dictionary module. HCH, through its wholly-owned operating subsidiary, Access My Records, Inc., provides the AccessMyRecords.com Personal Health Record and a free-standing Patient Portal designed to seamlessly connect to any EHR system.