Hemcare Health Services Inc. (OTC: HCRE) News - March 30, 2017

Hemcare Health Services Launches RecordsBank.org - A Centralized System for Patients, Lawyers & Insurers to Retrieve and Access Medical Records

LAS VEGAS, March 30, 2017 /PRNewswire/ HemCare Health Services Inc. (OTC: HCRE), "the Company" is pleased to announce the launch of RecordsBank.org, a Centralized System for Patients, Lawyers & Insurers to Retrieve and Access Medical Records Online, 24 hours a day, 7 days a week.

The Medical Record Bottleneck
Despite the widespread availability of secure electronic data transfer, most Americans’ medical information is stored on paper—in filing cabinets at various medical offices, or in boxes and folders in patients’ homes. When that medical information is shared between providers, it happens by mail, fax or—most likely—by patients themselves, who frequently carry their records from appointment to appointment. Management believes our centralized online portal can greatly improve the completeness of patient’s records, (which can have a big effect on care), as past history, current medications and other information is jointly reviewed during visits.

Benefits for Patients & HealthCare Providers
Appropriate, timely sharing of vital patient information can better inform decision making at the point of care and allow providers to avoid readmissions, medication errors, improve diagnoses, decrease duplicate testing and even reduce cost and administration.

For patients and third-party requestors, obtaining paper medical records is a costly proposition -- with frequent status calls, slow processing times, and high administrative and scanning costs. The RecordsBank portal eliminates many of the inefficiencies of “paper-based release of information” practices and clears the bottleneck creating a fluid exchange of information.

A Low Cost - Easy to Use Online Solution
RecordsBank.org, is an easy to use online portal to our centralized System for Patients, Lawyers & Insurers to Retrieve and Access Medical Records 24 hours a day, 7 days a week.

RecordsBank is a cloud-based PIPEDA & HIPAA compliant network of Providers and Record Requestors. Utilizing a secure platform, providers can securely exchange records electronically with third-party requestors. Health care providers with proper authorization can also share records with each other.

Addressing a $7 Billion a year problem
In national terms - across the U.S., hospitals spend more than $7 billion annually on customer intake. More than $7 billion, before any sort of medical procedure is done; before a patient even steps out of a waiting room, representing an incredible amount of time and money spent on intake administration.

Per physician - despite the adoption of electronic health records (EHR) and health information exchanges (HIE), providers are still mailing and faxing paper records because they have no PIPEDA or HIPAA compliant method to exchange records electronically with these third-party requestors. A recent study found that the current method of exchanging patient health information is estimated to cost a single clinician practice $17,160 per year.

RecordsBank aims to remove these substantial burdens both on an administrative and financial basis. People or firms simply use our secure online request form, pay a small service fee and RecordsBank retrieves, digitizes and stores the records. At this point the requesting client can access the record globally 24 hours a day - 7 days a week to view it or transfer it securely. In fact, clients can upload any new records to consolidate and keep all of their records securely in one place.

To learn more and request your records today please visit www.RecordsBank.org .

About HemCare Health Services Inc
…“A Seamless Exchange of Health Information”
HemCare Health Services (“HHS”) is a Health Information Exchange company. HHS operates a single unified platform enabling the ability to request and retrieve medical information & records while meeting all of today’s Security & Compliance demands for HIPAA, PIPEDA and PHIPA. Through RecordsBank.org, the Company offers an easy to use online portal to its centralized System for Patients, Lawyers & Insurers to Retrieve and Access Medical Records 24 hours a day, 7 days a week.

Media Contact:
HemCare Health Services Inc.
http://www.HemCareHealth.com
Tel. +1-(702)-796-6363

SOURCE HemCare Health Services Inc.

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Recent HemCare Health News:

HemCare Health Services Retires 71 million shares - Retires Debt - Strengthens Balance Sheet

LAS VEGAS, March 27, 2017 /PRNewswire/ HemCare Health Services Inc. (OTC: HCRE), "the Company" is pleased to announce the retirement of more than 71 million shares of its common stock and the retirement of substantially, all of its debt.

Share Retirement

Management reached a settlement agreement to have 71,140,000 shares of its common stock returned for cancellation and rescission. The settlement agreement was with 7 individuals and companies, who were in possession of the Company's common shares. These individuals and entities received these shares from the nominees of Ultroid Marketing Development Corp, following its May 19, 2015 agreement to licensed perpetual rights and acquisition of Ultroid Marketing Development Corp's products and the trade name 'Ultroid System' to the Company.

Under the terms of the Agreement, the Company will stop its legal action and refrain from taking other such actions that may harm these shareholders and entities and provide a final release from liability.

Seeking Additional Share Retirement

The Company still believes there to be more than 28 million common shares outstanding that in the opinion of management, have been transferred and/or acquired without proper consideration and under questionable circumstances relating to this transaction with Ultroid and its nominees. The Company has placed a "Stop Transfer" on these shares with its Transfer Agent and will continue to pursue all remedies for the legal order, to cancel these shares and to recover costs and damages in doing so.

In addition to the 28 million shares the Company has placed a stop transfer on, it is also seeking to recover and retire an additional 58 million shares of its Common stock. If successful, this would represent a total of 158 million shares retired or approximately 58% of the company's previously outstanding shares. Although there can be no assurance in our ability to successfully retire these shares, management is committed to working to this end. Management expects to announce more details on this in the near future.

Retires Debt - Strengthens Balance Sheet

In the 1st quarter of 2017, management retired more than $280,000 in debt or essentially retiring all but $50,000 of its debt. As part of the settlement agreements, more than $30,000 of principal and interest related to an alleged Convertible Promissory Note signed by the Company's previous Chief Executive Officer was eliminated. The forgiveness and cancellation of this note removes all convertible debt and protects the shareholders from increased dilution, by having removed all forms of convertible instruments currently outstanding.

During the period the Company also reached an agreement with its 9% Secured Promissory Note holder, to retire $250,000 of outstanding principal & interest by way of the issuance of 12,500,000 restricted common shares of the Company. As part of the agreement the note maturity date was extended to January 26, 2018 for the approximately $50,000 balance.

About HemCare Health Services Inc

HemCare Health Services ("HHS") is a Health Information Exchange company. HHS is creating a single unified platform enabling the ability to request and retrieve medical information & records while meeting all of today's Security & Compliance demands for HIPAA, PIPEDA and PHIPA. Learn more by visiting http://www.HemCareHealth.com

Disclaimer: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this press release. Additional information respecting the factors that could materially affect the Company and its operations are contained in its annual report on Form 10K and Form 10-Q as filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statement.

Media Contact:
HemCare Health Services Inc.
http://www.HemCareHealth.com
Tel. +1-(702)-796-6363

SOURCE HemCare Health Services Inc.

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About Hemcare Health Services Inc.:

HemCare Health Services “HHS” is a Health Information Exchange company. HHS is creating a single unified platform enabling the ability to request and retrieve medical information & records while meeting all of today’s Security & Compliance demands for HIPAA, PIPEDA and PHIPA.

HHS - Reaching New Heights in Health Information Exchange

HemCare Health Services (“HHS”) is a Health Information Exchange company. HHS is creating a single unified platform enabling the ability to request and retrieve medical information and records while meeting all of today’s Security & Compliance demands for HIPAA, PIPEDA and PHIPA.
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The centralized system and portal for Patients, Lawyers & Insurers to Retrieve and Access Medical Records is a cloud-based PIPEDA & HIPAA compliant network of Providers and Record Requestors. Utilizing a secure platform, providers will be able to securely exchange records electronically with third-party requestors. Health care providers with proper authorization can also share records with each other.
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HHS' Electronic health information exchange (HIE) allows doctors, nurses, pharmacists, other health care providers and patients to appropriately access and securely share a patient’s vital medical information electronically—improving the speed, quality, safety and cost of patient care.

Despite the widespread availability of secure electronic data transfer, most Americans’ medical information is stored on paper—in filing cabinets at various medical offices, or in boxes and folders in patients’ homes. When that medical information is shared between providers, it happens by mail, fax or—most likely—by patients themselves, who frequently carry their records from appointment to appointment. While electronic health information exchange cannot replace provider-patient communication, it can greatly improve the completeness of patient’s records, (which can have a big effect on care), as past history, current medications and other information is jointly reviewed during visits.
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Appropriate, timely sharing of vital patient information can better inform decision making at the point of care and allow providers to
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Avoid readmissions
Avoid medication errors
Improve diagnoses
Decrease duplicate testing
Reduce cost and administration

If a practice has successfully incorporated faxing patient information into their business process flow, they might question why they should transition to electronic health information exchange. Many benefits exist with information exchange regardless of the means of which it is transferred. However, the value of electronically exchanging is the standardization of data. Once standardized, the data transferred can seamlessly integrate into the recipients' Electronic Health Record (EHR), further improving patient care. For example:

If laboratory results are received electronically and incorporated into a provider’s EHR, a list of patients with diabetes can be generated. The provider can then determine which of these patients have uncontrolled blood sugar and schedule necessary follow-up appointments.

There are currently three key forms of health information exchange that HHS facilitates:

Directed Exchange – ability to send and receive secure information electronically between care providers to support coordinated care
Query-based Exchange – ability for providers to find and/or request information on a patient from other providers, often used for unplanned care
Consumer Mediated Exchange – ability for patients to aggregate and control the use of their health information among providers

The foundation of standards, policies and technology required to initiate all three forms of health information exchange are complete, tested, and available today. HHS will be launching its public portal in the 2nd quarter of 2017 and is committed to stay at the forefront of the HIE market.

"An investment in knowledge pays the best interest."
- Benjamin Franklin

The Company's common shares are traded publicly in the USA under the symbol: "HCRE"
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Trading symbol: HCRE
Cusip No.: 423510106
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Issued & Outstanding: 214,312,211
Authorized 275,000,000
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SEC Reporting Issuer
Fiscal Year End: Dec 31
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Auditor:
Pritchett, Siler & Hardy PC
1438 North Highway 89 Ste 130
Farmington, UT 84025
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Transfer Agent:
Pacific Stock Transfer Company
6725 Via Austi Pkwy, Suite 300
Las Vegas NV 89119
T. (702) 361-3033

SOURCE: http://www.hemcarehealth.com/

Disclaimer