MMR Information Systems Inc. provides consumer-controlled personal health records and electronic safe deposit box storage solutions through its wholly-owned subsidiary â€“ MyMedicalRecords, Inc. MyMedicalRecords enables consumers to have greater control over their health and well-being by facilitating access to their medical records and other important documents.
MMR Information Systems announced that its estimated revenue for the quarter ended June 30, 2009 showed an 80% increase over the same period in 2008. In addition, the company reported that its estimated revenue for the six month period ended June 30, 2009 reflected an increase of 82% from the comparable period in 2008.
Chairman and CEO of MMR Information Systems, Robert H. Lorsch, spoke about the company’s results. He said, â€œWe are now seeing results of a tremendous amount of hard work from selling into and educating the consumer and professional marketplaces that having a PHR (personal health record) will someday be as important and widespread as having a credit report.â€
Mr. Lorsch added, â€œOf course, it helps to be in the right place at the right time. The need for consumers to become active participants in their health care and the central role personal health records play in facilitating success is being fueled by the Obama Administration’s commitment to fund health information technology.â€
The company’s announcement came after President Obama’s recent press conference on health care reform where, at one point referring to the costs that are â€œgobbling up wages and income,â€ he stated that we need changes and one of these is to make information technology more effective. MMR Information Systems believes it offers the most cost-effective and easy-to-use products for achieving this in a meaningful way.