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Obama Administration to Spend $600 Million to Boost HIT and Improve CHCs


Published on 2009-12-09 11:16:57 - Market Wire
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NEW YORK, NY--(Marketwire - December 9, 2009) - MedLink International, Inc. (OTCBB: [ MLKNA ]) announced today that the Obama Administration released information about its set plans to spend $600 million to improve the nation's community health centers, including a boost for medical records systems. The funding came from the $787 billion stimulus plan's provisions for creating jobs at 85 community health centers.

Officials expect to spend $88 million to help community health centers upgrade to electronic medical records and other health information technologies. The administration will spend about $509 million to repair, rebuild or replace community health center facilities, which serve more than 17 million patients.

Ray Vuono, President of MedLink, stated, "The federal and state incentives available have had a tremendous impact on the EHR industry and providers are now aggressively seeking to adopt EHR technology, not only to help improve patient care but to take advantage of the financial assistance currently available to them. We continue to see an increase in demand for our MedLink EHR as we expand the available programs that provide funding and subsidies for the MedLink EHR and expect continued growth thanks to the wealth of federal assistance for available to providers."

About MedLink International, Inc.:

MedLink is a healthcare IT company that provides the medical community with products and services designed to help create, manage and share medical information. The company's flagship product, MedLink TotalOffice EHR, a CCHIT Certified® 08 Ambulatory EHR, provides physicians with full EHR and practice management functionality. For more information regarding MedLink's products and services please visit [ www.medlinkus.com ].

Safe Harbor Statement

This news release may contain forward-looking statements within the meaning of the federal securities laws. Statements regarding future events, developments, the Company's future performance, as well as management's expectations, beliefs, intentions, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. These forward-looking statements are subject to a number of risks and uncertainties, some of which are outlined in the risk factors detailed from time to time in our reports filed with the Securities and Exchange Commission, including our 2008 Annual Report on Form 10-K/A made available at [ www.sec.gov ]. The Company undertakes no obligation to update publicly any forward-looking statement.

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