Newsflash


Chiropractic EHR Software Leader Future Health, CEO Steven Kraus, DC, Announces Investment
Newsflash
Written by TAC Staff   
Thursday, 02 June 2011 16:30

Business Backed by a Substantial Seven-Figure Investment Led by

Midwest Venture Capital Company

 

Additional Resources to be Used to Accelerate and Strengthen

Future Health Services; Fuel Development


futurehealthlogo(DES MOINES, IA) Future Health Acquisition Inc., the leading electronic health records (EHR) and practice management software company (eConnect and Virtual Office Suite) for Doctors of Chiropractic, announced today it has received the backing of a substantial seven-figure investment led by Midwest venture capital companies, including funds managed by Bluestem® Capital Company.

Future Health Founder and CEO Dr. Steven J. Kraus stated that the venture capital companies’ investment will largely be used to drive continued development of eConnect software, continue Future Health’s impressive growth and better serve customer needs by expanding the service and training departments.

eConnect is Cloud-based EHR software that uses cutting-edge technology to greatly improve user experience.  Future Health is the first and only company that specializes in EHR software for DCs to offer free software. The free base software includes all the basics for integrated EHR/practice management: scheduling; documentation; EHR; billing; and patient education.  To see a demo, register at www.FutureHealthSoftware.com/webinar.

Doctors can then customize their free software with affordable Apps; more than 25 Apps are currently available.  Future Health will continually develop Apps for efficiency, specialties, techniques and a guaranteed EHR/ARRA Certification App to help DCs qualify for up to $44,000.

Bluestem Capital Company: “We believe in the eConnect strategy”

“Future Health is an established leader in the Chiropractic software space,” said Steve Kirby, founding member and president of Bluestem Capital Company. “Their Virtual Office Suite software has consistently been the benchmark for all other Chiropractic software since its development in 2005.”

Kirby continued, “What they’re doing with eConnect is truly the future of the EHR software industry, because doctors can choose—and pay for—only the functionality they want and that suits their clinic.

This innovative strategy is made possible by the use of a new technology platform, not unlike that of smartphones with App choices, where the software must be properly designed to enable the subsequent ‘App Explosion.’

“eConnect software is ahead of every other software in the Chiropractic EHR space, resulting in a product that’s perfectly suited to DCs. And essentially, this approach opens the door for every DC to own quality EHR/practice management software—from newly established practices to large, multi-doctor clinics—by replacing high-cost software and in-clinic servers with a much more affordable and easy-to-use approach.”

Kirby also said, “We believe in the eConnect strategy. The software is impressive, the management team of the company is solid under Dr. Kraus’ leadership, and they’ve built an impressive development team to create new Apps based on market needs. Now—with investment—the company can more quickly and fully meet the needs of the Chiropractic profession.”

Future Health Planning to Continue Growth; Begin “App Explosion”

krausceo“We’re excited about the opportunities this acquisition brings, and we’re proud that the business of Future Health will be backed by Bluestem Capital Company,” said Future Health Founder and CEO Dr. Steven J. Kraus. “Bluestem is a large Midwest venture capital company that’s very familiar with Chiropractic, having invested in several high-profile Chiropractic companies already. They truly understand the unique needs of the profession.”

Added Kraus, “This will enable the business of Future Health to maximize its infrastructure and continue toward the App Explosion.

“We’ve had a record number of DCs choose eConnect for their EHR/practice management solution, and that shows our model to make quality software available to every DC is sound. But with such impressive growth, Future Health’s infrastructure has, at times, been tested. As a result of the resources of the new company, Future Health will now be able to make improvements that will greatly and consistently benefit eConnect users and usability.”

Future Health Expects its Products to Receive Complete EHR Certification by the End of July

Future Health was the first Chiropractic software business to guarantee Complete ARRA Certification. “We chose to pursue Complete Certification for our software because that’s what doctors need in order to be eligible for up-to-$44,000 in ARRA incentives,” said Kraus.

Kraus went on to say that Future Health submitted its eConnect and Certified Virtual Office Suite products for Complete Certification and expects to receive Complete EHR ONC-ATB Certification from the government by the end of July, allowing plenty of time for users to establish meaningful use with its software to qualify for 2011 ARRA incentive money.

Deadlines for 2011 Incentive Dollars Approaching

For 2011, doctors must install and demonstrate meaningful use for only 90 days, making the October through December timeframe the last period to qualify during 2011 for the first payment of up to $18,000. Future Health was the first to advocate for DCs to be included in the ARRA incentive, leading to CMS specifically designating Chiropractic as one of the five authorized professions to be eligible for up to $44,000 in Medicare EHR Incentives.

About Future Health

Future Health is the nation’s leading provider of Chiropractic-specific practice management software. Future Health was originally owned and operated by Future Health, Inc., founded in 1991 by Steven J. Kraus, DC, DIBCN, CCSP, FASA, FICC.   More than 20 years in practice management allowed Dr. Kraus a unique perspective into what it takes to operate a clinic efficiently, having developed and sold 18 practices of his own and provided strategic consulting services to more than 400 healthcare businesses across the country.  Substantially all of Future Health, Inc.’s assets were recently acquired by Future Health Acquisition, Inc., but continue to be operated under the trade name Future Health.

To request more information about Future Health eConnect, visit www.FHeConnect.com or call Toll Free 1-888-434-7347.  See it for yourself by signing up for a no-obligation demo at www.FutureHealthSoftware.com/webinar.

About Bluestem Capital Company

Bluestem Capital Company is a Sioux Falls, SD-based private equity firm. Since 1996, Bluestem has been a regional leader in helping investors realize excellent returns, in helping worthy companies reach their potential and in helping strengthen communities by stimulating their economy.

 
Workers’ Compensation Update: Chiropractic Care More Valuable and Cost-Efficient For Low Back Pain vs. Physician Care, Physical Therapy
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Newsflash
Written by TAC Staff   
Thursday, 02 June 2011 14:50

foundationchiroprogresslogoCARMICHAEL, Calif. – June 2, 2011 – A recent study conducted by medical and healthcare professionals outside the chiropractic profession, “Health Maintenance Care in Work-Related Low Back Pain and Its Association with Disability Recurrence,” (Journal of Occupational and Environmental Medicine, April 2011, Vol. 53 Is. 4, p: 396-404) concludes chiropractic care to be more effective for common, work-related, low back pain (LBP), when compared to treatment by a physical therapist or physician. Overall, chiropractic patients illustrated lower medical expenses, fewer disability recurrences and shorter initial periods of disability.

workerbackpainResearchers compared disability episodes across types of healthcare providers who treat claimants with new episodes of work-related LBP. After an analysis of 894 workers’ compensation cases, it was concluded that the preventive healthcare, predominantly and explicitly recommended by chiropractic doctors, is associated with lower disability recurrences. In this study, a recurrent disability is defined as the resumption of at least 15 consecutive days of temporary total disability payments following the health maintenance stage -- the period following a patient’s recovery and restoration of optimal health.

“A chiropractor provides an effective approach to maintain health, a key component in preventing episode recurrence,” says Gerard Clum, D.C. and spokesperson for the Foundation for Chiropractic Progress. “The clear trend revealed in this study shows chiropractic care resulting in the best outcomes, and the mechanism being used deserves the attention of both the consumer and healthcare professional.”

Ten percent of patients experienced recurrent disability due to LBP between initial disabilities and the subsequent return-to-work or healthcare phase. After controlling demographic and severity factors, when compared to recipients cared for mostly by physicians and/or physical therapists, those treated mostly by chiropractors showed consistently better outcomes, less use of opioids, and had fewer surgeries, with overall lower medical expenses.

“A significant hypothesis derived from this study states that chiropractors may be instrumental in avoiding procedures or surgeries of unproven cost utility value or uncertain efficacy,” adds Dr. Clum.

About Foundation for Chiropractic Progress

A not-for-profit organization, the Foundation for Chiropractic Progress aims to inform and educate the general public about the many benefits associated with chiropractic care. To learn more about the Foundation, please visit us on the web at www.yes2chiropractic.com.

 
Graduates of Parker University College of Chiropractic Make Class Gift to Foundation for Chiropractic Progress
Newsflash
Written by TAC Staff   
Wednesday, 01 June 2011 17:45

parkerdonationCARMICHAEL, Calif. – May 27, 2011 – The April 2011 graduates of Parker University College of Chiropractic donated $2,000 of its remaining class funds to support the Foundation for Chiropractic Progress (www.f4cp.com), a not-for-profit organization dedicated to raising awareness about the benefits associated with chiropractic care.

“I am so proud that our graduates have chosen to support the Foundation for Chiropractic Progress,” says Fabrizio Mancini, D.C., FICC, FACC, FICA and president, Parker College of Chiropractic. This gift, which exemplifies their commitment and dedication to the expansion of chiropractic practice and study, is an investment toward their future, and one that will continue to positively impact the success of the profession.”

Parker University College of Chiropractic, a nonprofit, co-educational, private professional institution, is a leader among chiropractic institutions worldwide. The Dallas, Texas-based institution for students seeking a Doctor of Chiropractic degree is committed to furthering chiropractic wellness as a separate and distinct healing art.

The April 2011 graduates were the second class to donate funds to the Foundation.

Nick Anthony, D.C. and April 2011 class president, says, “The education Parker provided has paved the way toward a successful chiropractic career. What better way to show our appreciation and support than to donate the remainder of our class funds to the Foundation for Chiropractic Progress, whose mission is to generate awareness regarding the value of chiropractic.”

In addition to the Foundation, the graduating class of 70 students donated funds to the Chiropractic Games Club as well as the Alumni Association for the Endowed Scholarship Fund.

About Foundation for Chiropractic Progress

A not-for-profit organization, the Foundation for Chiropractic Progress aims to inform and educate the general public about the many benefits associated with chiropractic care. To learn more about the Foundation, please visit us on the web at www.yes2chiropractic.com or call 866-901-F4CP (3427).

 
Northwestern VP Named MCA Chiropractor of the Year
Newsflash
Written by TAC Staff   
Wednesday, 01 June 2011 17:27

nwhealthsciencesuCharles Sawyer, DC, senior vice president at Northwestern Health Sciences University, was named the Chiropractor of the Year by the Minnesota Chiropractic Association. He received the award at their Annual Convention May 21. Chiropractor of the Year is awarded to one who provides outstanding service to the chiropractic profession and the MCA. “The honoree is dedicated to programs, projects and issues that have been influential in helping position the chiropractic profession in the community and health care arena, says Jennifer Olafson, MCA’s education and event specialist. “They must also have a good community service record.”

Dr. Sawyer shares credit for the award. “It is nice that the MCA values the efforts here at the University. It is confirmation of the importance of our partnership. I would consider it an acknowledgment of collective efforts,” Dr. Sawyer says. “I was representing many others as well.”

The MCA awards committee reviews a number of applicants before making a final decision. According to the MCA, Dr. Sawyer was an absolute clear choice. “It is an honor to be recognized by your colleagues; especially in private practice,” says Dr. Sawyer. He sees the award as recognition of his work. “And I’m not done yet,” he says.

Northwestern Health Sciences University offers a wide array of choices in natural health care education including chiropractic, Oriental medicine, acupuncture, therapeutic massage and human biology. The University has nearly 900 students on a 25-acre campus in Bloomington, Minnesota.

 
Birth Control Pills Containing Drospirenone: Possible Increased Risk of Blood Clots
Newsflash
Written by TAC Staff   
Wednesday, 01 June 2011 17:02

medwatchAUDIENCE: OBGYN, Family Practice, Patient 

ISSUE: FDA is aware of two newly published studies that evaluated the risk of venous thromboembolism (VTE) in women who use birth control pills that contain drospirenone. The two recently published studies looked at whether there is a higher risk of blood clots in women taking birth control pills containing the progestin drospirenone when compared to similar women taking birth control pills containing a different progestin called levonorgestrel. These two new studies reported that there is a greater risk of VTE associated with birth control pills that contain drospirenone. This risk is reported to be up to 2 to 3 times greater than the risk of VTE associated with using levonorgestrel-containing pills. Other studies have not reported an increase in risk. The FDA is currently evaluating the conflicting results from these studies and will look at all currently available information to fully assess the risks and benefits of drospirenone-containing birth control pills. FDA will continue to communicate any new safety information to the public as it becomes available. Read the drug safety communication for more information on these studies. 

birthcontrolpills1BACKGROUND: Drospirenone is a type of female sex hormone called a progestin. Most birth control pills contain two types of hormones--estrogen and progestin. Birth control pills work by preventing the release of eggs from the ovaries (ovulation) and changing the cervical mucus and the lining of the uterus to prevent pregnancy. Brand names of drospirenone-containing products include Yaz (generics Gianvi and Loryna), Yasmin (generics Ocella, Syeda, and Zarah), Beyaz, and Safyral. 

RECOMMENDATION: If your birth control pill contains drospirenone, do not stop taking it without first talking to your healthcare professional. Contact your healthcare professional immediately if you develop any symptoms of blood clots, including persistent leg pain, severe chest pain, or sudden shortness of breath. If you smoke and are over 35 years of age, you should not take combination oral contraceptives because they increase the risk that you could experience serious cardiovascular events, including blood clots.

Healthcare professionals and patients are encouraged to report adverse events or side effects related to the use of these products to the FDA's MedWatch Safety Information and Adverse Event Reporting Program:

  • Complete and submit the report Online: www.fda.gov/MedWatch/report.htm
  • Download form or call 1-800-332-1088 to request a reporting form, then complete and return to the address on the pre-addressed form, or submit by fax to 1-800-FDA-0178

Read the MedWatch safety alert, including a link to the Drug Safety Communication and Questions and Answers, at:

http://www.fda.gov/Safety/MedWatch/SafetyInformation/SafetyAlertsforHumanMedicalProducts/ucm257337.htm

 
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