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New Profile: Crown Medical Systems (CWMS)

Crown Medical System's Website: www.crownmed.com

For the full profile please visit: www.smallcapreview.com.cwms.htm

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'Crown Medical Systems is emerging as a leader in the burgeoning $15 billion Electronic Medical Records and Patient Billing/Practice Management markets'

Overview

Crown Medical Systems is well-positioned as a leader for total solutions in the huge and potentially explosive market of Electronic Medical Records (EMR), Patient Billing/Privacy (PM), and Medical Facility Security.

Crown Medical offers a proprietary, total-integration solution for the "sweet spot" in medical facilities: the small hospital, clinic, and physician office markets. Its software and hardware components combining EMR, PM, document and image management, storage, internal practice security and surveillance, all meet the new, stricter HIPAA guidelines.

The Crown Medical solution has all the features and benefits offered by the expensive, large-market providers, but is cost-effective and simpler to use for smaller customers. It includes revenue stabilization and enhancement tools, and built-in safeguards to significantly reduce potential malpractice lawsuits. It reduces the workload of healthcare providers and all key staff members. What truly sets it apart from competitors is the ability to merge a cost-sensitive, proprietary, total solution with an effective sales delivery mechanism in a notoriously difficult market.

Crown Medical recently made two key proprietary acquisitions and went public via a reverse merger.

Reasons To Consider Crown Medical

• Huge market potential. CWMS is emerging as a leader in the burgeoning $15 billion Electronic Medical Records ("EMR") and Patient Billing/Practice Management ("PM") markets in the segment for small office practitioners. The company has projected revenues of $19M in ???04; and $48M in ??™05 based on funding of several key projects. A 2% market capture rate represents $300M revenue over 3 - 4 years.
• Leadership positioning. Recent acquisitions give the company an established market presence with a proprietary, totally integrated, HIPAA-compliant Medical Facility Security solution for the market "sweet spot:" small hospitals, clinics, and physician offices.
• Competitive advantage. Crown Medical believes it is filling a void in underserved markets with a viable and cost-effective, revenue-enhancing, easy-to-integrate and use, total solution. Its solutions address sharing vital patient data, processing and retrieving key documents, and billing management, with overall stability, support, and security.
• Favorable legislation. Analysts expect new HIPAA mandates (patient and insurance information privacy) will pressure the market to consider installing EMR software to deal with potential liabilities, fines, and penalties.
• Well-designed marketing/sales strategy. Crown Medical has concentrated on marketing to medical associations, with recent success, and now plans to roll out a multi-channel sales strategy to set it apart from the competition by overcoming notorious difficulties in medical sales.

Full Profile...

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