According to Grace Century and Quantum Group, patent approvals further organization's placement as visionary in the IT sector of the healthcare industry. With this invention and the right amount of data, possible health and wellness outcomes can be compiled with a high degree of confidence.
Ras Al Khaimah, UAE (PRWEB) October 10, 2013
Grace Century, FZ LLC, an international research and private equity company based north of Dubai, in the United Arab Emirates (UAE), is pleased to announce that on October 1, 2013, The Quantum Group, Inc. received notice from the United States Patent and Trademark Office (USPTO) that their patent application #12/535,523 "System and Methods for Simulating Future Medical Episodes" has successfully completed all reviews by the USPTO and is ready to be issued. This patent was originally filed as a provisional patent on August 4, 2009. This is the fifth (5th) patent issued or cleared for issuance to Quantum.
Scott Wolf, CEO of Grace Century states, "The future belong to those that innovate, and the global healthcare industry is clearly lagging in innovation. We are proud of The Quantum Group and their proven innovation within the U.S. as the world's largest and most complex healthcare system. Along with the other patents, we believe these will have a tremendous impact on the healthcare industry both in the U.S. and world-wide. We chose to align ourselves with The Quantum Group for exactly this reason, as projecting and having the pragmatic commitment is no easy task."
Noel Guillama, Chairman and CEO of The Quantum Group, Inc. commented, "This new patent greatly expands on one of our previously issued patents issued in January of this year. Our Quantum Quotient™ --also known as QX2™--is a Wellness Assessment that uses the historical information of an individual to determine their 'healthcare score' related to others in their socio-economic grouping. This new patent goes a step further to allow us to predict 'future medical episodes,' or in laymen terms: diseases, accidents and/or medical conditions, by quantifying multiple factors, not just actual medical data, to predict future events in a statistical defendable way."
Those factors can be, and yet are not limited to, education, social interactions, personal interest and activities, medical condition, genetics and ancestral history, place of birth, place of residency, sport interest, method of transportation, etc.
Mr. Guillama further noted, "In a world that is now consumed by the accumulation of big data for targeting individuals, and where 'metadata' is available to public and private entities, we have a new way of using some or all of this information to predict the likelihood of events occurring using high speed computing and date analysis. We now have a way to actually help society improve through data. We could have answers to personal and community problems we didn't even know existed."
Imagine discovering that a community has marginally elevated levels of a harmful substance, yet no single individual has been affected drastically enough to trigger failed tests and emergency alerts. This could identify carcinogens slowly seeping into the water supply or toxins making their way up the food supply. It would identify problems that are an "inch deep and a mile wide" affecting whole populations.
With this invention and the right amount of data, possible health and wellness outcomes can be compiled with a high degree of confidence. This goes well beyond the methods for mining data commonly today used by insurance companies and government entities.
In conjunction with Quantum's other intellectual property, including now five (5) approved and sixteeen (16) pending patents, The Quantum Group is continuing to expand the science of healthcare. All of these innovations, as well as the creation of their PWeR® platform (Personal Wellness electronic Record®), will facilitate the utilization of medical information gathered and shared in the $3 trillion dollar U.S. healthcare industry. This patent further confirms their place as an innovator in healthcare information technologies.
The Quantum Group has assigned licensing rights to its subsidiary, Quantum Innovations, Inc. and collectively is exploring licensing opportunities of this patent as well as the sale of our EHR (electronic health records) platform, PWeR® in the U.S. as well as in the Far East, Middle East and Latin America.
About PWeR®
PWeR stands for Personal Wellness electronic Record®. This 21st century technology solution is a new breed, intelligent healthcare information platform that hosts medical records and permits interactive use. Medical records will follow the patient, giving every healthcare provider that sees a particular patient access to all the information needed to assist in their diagnosis and treatment plan. Providers will be able to access a patient's entire medical record in one glance, through their trademarked "One Patient…Total Connectivity"™ concept. In critical situations or in providing treatment to patients on the PWeR platform, hospitals will be enabled to access full medical histories and make educated treatment decisions based on accurate data. That's PWeR – creativity meets simplicity. For more information, visit: http://www.myPWeR.com.
About The Quantum Group, Inc.
The Quantum Group is an innovation-driven organization purposefully designed to bring effective change to the U.S. healthcare industry. The foundation of the Company has been in design, development and deployment of innovative solutions, technology, products and services to the healthcare industry. Its purpose is to assist physicians and hospital providers, as well as government and private sector payers, in managing the treatment outcomes through patient-centered wellness concepts. For more information, visit: http://www.quantummd.com.
About Quantum Innovations, Inc.
Quantum Innovations, Inc. is a separate legal entity and subsidiary of The Quantum Group, Inc. that seeks to provide technology answers through PWeR, a 21st century platform for healthcare solutions. For more information, visit: http://www.quantuminnovations.com.
About Grace Century
Grace Century, FZ LLC is an International Private Equity Consultant located in Ras Al Khaimah, United Arab Emirates. It specializes in conducting due-diligence for its group of international members, as well as assisting firms in the development and execution of game changing ideas in Life Sciences. Grace Century assists in capital formation, market penetration, joint ventures, and brand development. For more information, visit: http://www.gracecentury.com.
For the original version on PRWeb visit: http://www.prweb.com/releases/GraceCentury-announces/Quantum-5th-Patent-2013/prweb11215279.htm
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