Mediwatch-Mobile Clinics

Worth highlighting Mediwatch and progress regarding their mobile clinics.I will update the main section found under the month of April 2009 under Nurse Led Clinics/Mobile Clinics

From the 2009 Mediwatch Final Results

Services

A new mobile diagnostics service will be operated through skilled nurses, which will create opportunities to present a cost efficient diagnostic service to physicians, with no major capital outlay. This service will incorporate new diagnostic procedures which should launch in the first half of 2010 and will run in parallel to the change in US government expenditure in regards to reimbursement and presenting a wider medical facility to all individuals. Initial efforts will be concentrated in Florida with the potential to be rolled out to the other 49 states through our nurse network.

2009 Mediwatch Final Results


And from the recent Interim Results

Mediwatch launched the Mobilewatch Clinic division in April 2010 and served its first customer in the US in that month. Mobilewatch Clinic has been specifically designed to deliver lower healthcare costs in anticipation of the future implementation of the Affordable Care Act (March 2010) in the US.

Mediwatch Mobilewatch Clinic allows us to service medical practitioners, who may lack the volume of cases or the recurring patient episodes necessary to justify the capital equipment outlay, with our Mediwatch diagnostic tests without their need to purchase our equipment.

Mobilewatch Clinic offers a new service to Mediwatch's customers and opens up a new market segment to the Company which has not been previously available.


Research and development

New software application for the Mobilewatch Clinic division to increase efficiency and deliver cost reduction to our service customers

Development of a low cost urodynamic system and software package that is portable and easy to use aimed at the Mobilewatch Clinic business

Current trading and outlook

The Board is very pleased with the results for the first half, maintaining turnover and increasing profits despite the current economic and political climate having an effect on customer budgets. In the UK the government cuts will ultimately affect capital expenditure so we are addressing this problem in advance as we have already done in the US.

We plan to gradually launch the Mobilewatch Clinic diagnostic service in the UK and place bigger emphasis on our disposable products which come out of our clients' operational rather than capital budgets. The Board will continue to monitor overheads and will actively manage the cost base as appropriate.

Interim Results for the six months to 30 April 2010