Business
Quantum Medical Transport, Inc. Releases Shareholders Letter
Quantum Medical Transport, Inc. Releases Shareholders Letter.
About this update from Quantum Medical Transport Inc
[{"type":"text","content":"\n\n SUGAR LAND, Texas, Feb. 07, 2018 (GLOBE NEWSWIRE) -- Via OTC PR Wire -- Quantum Medical Transport, Inc. (OTC.PK:DRWN) \n Dear Fellow Stakeholders I wanted to take this opportunity to provide you with an update on the company’s vision for 2018. We have an exciting road ahead of us for the development of Quantum Medical as a national healthcare player. We started the year sharing with our stakeholders our plans to develop (QuantH), our medical blockchain technology to support the full healthcare ecosystem. We are looking to acquire software companies in the Electronic Health Records (EHR)/Electronic Medical Records (EMR) industry. This is our strategy for initial customer acquisition, and then we market to our existing customer base to roll into the more secure distributed ledger blockchain technology. We have identified specific targets for acquisition pending closing our ICO. An EHR/EMR contains vital data and includes administrative & billing info, patient demographics, progress rates, vital signs, and medical status. Moreover, it shows the diagnosis, medications, immunization dates, allergies, radiology & lab results, etc. This digital version offers much more health data than computerized paper charts. EHR-EMR systems are designed to share data with healthcare providers & organizations. Some of them comprise laboratories, specialists, medical imaging, pharmacies, emergency facilities, & school & workplace clinics.  Once our ICO is closed we will seek to hire a Chief Technology Officer, a Chief Operating Officer, a Director of Sales and a technical support team in-house to support the implementation of our blockchain technology. Our initial marketing budget will be $1 Million to rollout of medical blockchain technology platform. Products will be marketed through direct sales and value-added resellers. What is the core motivator for medical service providers and facilitators to transition to blockchain medical records storage and transmission? The answer is simple decentralized distributed ledger (highly encrypted security), thus stopping hackers from stealing patients information and ransom ware. The second largest factor that motivates service providers to utilize our service is the American Recovery and Reinvestment Act, all public and private healthcare providers and other eligible p...