Search Results for "Surgery Center Management LLC"

November 05, 2012
MMRGlobal, Inc. (OTCBB: MMRF) (the "Company" or "MMR") today announced that while Superstorm Sandy pounded the East Coast, the United States Patent and Trademark Office issued another health information technology patent to MMR. U.S. Patent No. 8,301,466, entitled "Method and System for Providing Online Records," was issued in the wake of the hurricane and one year in advance of the government's Meaningful Use requirement that patients be provided access to their personal health information online through a Personal Health Record or other form of patient portal by 2014. The Company also announced that this week it begins the process of court-ordered proceedings against Surgery Center Management, LLC ("SCM") under a $30 million Settlement and Patent License Agreement with SCM (the "SCM License"), of which the Company claims a minimum of $10 million is now due. Ted Ward of the law firm Liner Grode Stein Yankelevitz Sunshine Regenstreif & Taylor LLP ("Liner Law"), who represents the Company on patent licensing and infringement matters and on the SCM case, is also in the process of contacting hospitals and other healthcare professionals regarding the enforcement of the Company's intellectual property rights and opportunities to license the technology. "The Company has a written and executed agreement with SCM that is fully integrated and provides that SCM is to pay the Company $30 million, $5 million per year. We fully expect the Company to prevail in this matter. Further, because SCM has breached the terms of the SCM License Agreement, the Company will also protect its rights in Federal Court by pursuing claims for patent infringement against SCM," said Mr. Ward.
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October 31, 2012
MMRGlobal, Inc. (OTCQB: MMRF) (the "Company" or "MMR") today announced that less than one month before scheduling of court-ordered arbitration proceedings against Surgery Center Management, LLC ("SCM"), the United States Patent and Trademark Office has issued another health information technology patent to MMR. The Company is in its second year of a $30 million license agreement with SCM for which the Company claims a minimum of $10 million is now due. Ted Ward of Liner Grode Stein Yankelevitz Sunshine Regenstreif & Taylor LLP ("Liner Law"), who represents the Company on patent licensing and infringement matters, is in the process of contacting numerous hospitals and other healthcare professionals regarding the enforcement of the Company's intellectual property rights and the opportunity to license the technology.
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January 25, 2012
MMRGlobal, Inc. (OTCBB: MMRF) ("MMR"), a leading provider of Personal Health Records ("PHR"), MyEsafeDepositBox storage solutions and electronic document management and imaging systems for healthcare professionals, today announced that The MichaelBassGroup ("MBG"), a leading investment banking and strategic advisory services firm (www.michaelbass.com), issued a special report January 20, 2012 (http://michaelbass.com/PDF/JAN20MMRF.pdf) citing the global market for Personal Health Records at $19 billion, and focusing on the patents issued, pending and owned by MyMedicalRecords, Inc., the Company's wholly owned-subsidiary, in connection with a METHOD AND SYSTEM FOR PROVIDING ONLINE MEDICAL RECORDS, and a METHOD AND SYSTEM FOR PROVIDING ONLINE RECORDS. In their report, MBG valued these patents at a minimum of $300 million to as much as $800 million. The patents cover numerous claims involving the provision of Personal Health Records and other health information and document management systems and technologies. The patents (amongst other things) address the management of paper and other information contained in a Personal Health Record and deal with the fact that while doctors are migrating to Electronic Medical Records, they still receive an average of 1033 faxes per month of patient information.
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December 12, 2011
MMRGlobal, Inc. (OTCBB: MMRF) ("MMR") (the "Company") today announced that on December 9, 2011 it signed a Settlement and Patent License Agreement (the "Agreement") with Surgery Center Management LLC ("SCM") to license certain of the Company's Health IT and Personal Health Record patents, including various patents covering uses of MMR's personal and professional Health IT products and services. These include the Company's MyMedicalRecords.com (www.mmrvideos.com) Personal Health Record and MMRPro (www.mmrprovideos.com) document imaging and scanning solutions for healthcare professionals (the "Licensed Patents") for a payment of $30 million plus additional usage royalties as outlined in the Agreement. The Agreement specifically excludes any of MMRGlobal's biotech assets.
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