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PHAR-MOR AND PERSONALMD.COM Form Strategic Partnership to
Provide PHAR-MOR Customers with Online Access to Personalized
Medical Records
YOUNGSTOWN,
OH and PLEASANTON, CA SEPTEMBER 27, 1999 - Phar-Mor Inc.
(Nasdaq: PMOR), a discount drugstore chain, and PersonalMD.com,
a destination health site providing on line medical records
and personalized content, today announced a strategic partnership
to provide Phar-Mor customers with online access to personalized
medical records.
The
relationship establishes a co-branded site wherein Phar-Mor
customers can enter all of their vital medical records, including
current medications, known drug allergies, and personal and
family medical history. EKGs, lab reports and advanced directives
(living wills) can be faxed into the member's secure, confidential
file. The site will also contain content provided by PersonalMD.com,
known for its volumes of medical information, personalized
news and exclusive articles.
In
exchange for the medical records management feature and content,
Phar-Mor will promote a co-branded PersonalMD/Phar-Mor Emergency
Card in its 139 stores. The Card enables emergency physicians
to access the member's vital records within seconds via fax
or the Internet from anywhere in the world. These services
have life-saving implications, given that 140,000 people die
annually from adverse drug events and six million people visit
an emergency room every year complaining of chest pains.
"This
is a major breakthrough in the emergency physician's ability
to make informed, split second decisions regarding the health
of our patients when every moment is precious," according
to Scott Plantz, M.D., Vice President, American Academy of
Emergency Medicine. "Instantaneous access to vital information,
including current medications, known drug allergies and EKGs,
could mean the difference between life and death."
"Up
until this point, emergency department physicians either had
to rely upon an incoming patient's memory during a very stressful
time, conduct multiple tests, and/or wait until the patient's
primary physician was available for consultation," explains
Thomas Booth, M.D., M.S., Vice President of Medical Affairs
for PersonalMD.com. "In times of medical crisis, patients
have lost their lives because crucial information was not
available at the moment it was needed.
"Our
relationship with Phar-Mor expands the universe of people
who can benefit from the free on line medical records and
emergency card services," said Suresh Challa, President and
CEO, PersonalMD.com. "We are pleased to partner with Phar-Mor
to help its customers take greater control over their health
and well-being."
David
Schwartz, President and COO of Phar-Mor said: "We are excited
to offer this personalized health care program to our six
million pharmacy customers. This partnership will be instrumental
in our ongoing efforts to serve our customers' complete health
care needs, and to join with quality partners such as PersonalMD.com
to offer our customers valuable services in cyberspace."
On-line
medical records are as comprehensive as the customer desires.
The information can include data culled from personal file
cabinets, primary physicians, specialists and prescriptions.
EKGs, lab reports and advanced directives (living wills) can
be faxed into the record. "The service provides consumers
with all of the tools they need to streamline their medical
records, much like Quicken does for financial data, " says
Challa. "The major advantage is that these vital medical records
can be accessed the moment they are needed from anywhere in
the world."
PersonalMD.com
subscribes to the HON Code of Ethics on the Internet. All
medical records on the co-branded and PersonalMD.com sites
are strictly confidential and are not made available to Phar-Mor
or any other company. Information is encrypted and safeguarded
through a series of security measures.
Phar-Mor
is a retail drugstore chain operating 139 stores under the
names "Phar-Mor," "Pharmhouse" and "The Rx Place" in 24 states
with annual revenues of approximately $1.3 billion. The Company's
common stock is traded on the NASDAQ National Market under
the symbol "PMOR". Additional information on Phar-Mor may
be found at www.pharmor.com.
This
release contains statements relating to future results of
Phar-Mor, Inc. and its market share in the industry (including
certain projections and business trends) that are "forward-looking
statements" as defined in the Private Securities Litigation
Reform Act of 1995. Actual results may differ materially from
those projected as a result of certain risks and uncertainties,
including but not limited to, market acceptance of merchandising
concepts, changes in political and economic conditions, demand
for and market acceptance of new and existing products, availability
of new products, increased competition as well as other risks
and uncertainties detailed from time to time in the Company's
filings with the Securities and Exchange Commission.
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Press
Contact for Media:
For
PersonalMD.com
Susan Cossette
Susan@PersonalMD.com
925/460-9088
For Phar-Mor
Brian Browdie
bbrowdie@rlmnet.com
212/484-7490
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