U.S. Funding for Digital Healthcare Start-Ups Expected to Reach $6.5 Billion by 2017, According to Accenture

All News from Open Source Health Health Tech News

News via The FINANCIAL, Saturday, September 27, 2014.

The FINANCIAL — Driven by evolving consumer expectations, start-up funding for digital healthcare, such as telehealth or wearable technology, is expected to double in the United States over the next three years, growing from $3.5 billion in 2014 to $6.5 billion by the end of 2017, according to new research by Accenture.

Read the The FINANCIAL article here

Open Source Health Releases it’s Telemedicine and Collaborative Notes Platform to the Open Source Community

Investor News

The first secured peer to peer tele-conferencing platform with no server or client plug in software to install

Toronto, Canada – September 25, 2014: Open Source Health Inc. (CSE:OSH), a cloud based patient engagement system that puts control in the hands of women to Educate, Advocate and Collaborate on their own healthcare is pleased to announce that it has officially released the open source software called OSTeN to the open source community and is available for download on GitHub.

“We demonstrated OSTeN on the main stage of the Health 2.0 Conference in Santa Clara, CA and it was a hit” states Sonya Satveit, Founder and CEO of Open Source Health Inc. “Telemedicine has been slow to take off due to proprietary and expensive solutions, this will change with the new technology we released today, its simplicity and pervasiveness will make adoption across the entire healthcare industry faster and cheaper”

The system operates as a peer-to-peer video network within the browser on your smart phone or computer. No central servers for security or privacy breaches, no complicated software to download, just the browser already installed on your computer. Either the patient or physician can invite others, such as medical providers, family members, patient advocates or health coaches to the telemedicine session.

In addition to secured video, a collaborative notepad is displayed in the browser and all participants can document and review the session. When the session is over, the notes can be securely downloaded to the provider’s EHR (Electronic Health Record) or the patient’s PHR (Personal Health Record). They can be retrieved for review either through the EHR system or through the OSH Telemedicine system.

Certain ground-breaking components of the OSH platform will be available under an open source license as they are released to the market. The open source software is combined with the OSH proprietary technology to deliver a fully integrated health care system for women’s health to be launched in 2015 for the USA Healthcare market.

OSTeN’s source code is available for download on the following links:

The telemedicine code is in two parts:

About Open Source Health Inc.:

Open Source Health takes a truly patient-centered approach and is in the business of providing a real- time integrative healthcare solution for women in an open source architecture. Open Source Health Inc. is set to lead the current healthcare revolution by leveraging the latest trends in digital health, personalized health, social health and participatory medicine.

For more information, visit www.opensourcehealth.com

Contact:

For further information, please contact Investor Relations at Open Source Health Inc.
Toll Free: 1.866.403.1933
investor.relations@opensourcehealth.com


Forward Looking Statements

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of OSH, including, but not limited to, the uncertainty of the Transaction proceeding, the impact of general economic conditions, industry conditions, dependence upon regulatory and shareholder approvals, the execution of definitive documentation and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.

Open Source Health to Live Demo on the Main Stage at Health 2.0 Conference, Sept. 24 2014

Investor News

Live demo of the first Open Source – secured Telemedicine platform with Collaborate Notes Integrated

Toronto, Canada – September 10, 2014: Open Source Health Inc. (CSE:OSH), a cloud based patient engagement system that puts control in the hands of women to Educate, Advocate and Collaborate on their own healthcare is pleased to announce that it has been selected as one of ten innovative companies to Live Demo at the Health 2.0 Conference in Santa Clara, CA on September 24, 2014 at 12:00pm PST.

“We are very excited about demonstrating the first open source Telemedicine platform that will change the way healthcare is delivered to the patient” states Sonya Satveit, Founder and CEO of Open Source Health Inc. “For the first time an open source multi-video conference system combined with a collaborative notes initiative will be demonstrated on the main stage at Health 2.0.”

The patient-centric platform under development by OSH has three main components: Educate, Advocate and Collaborate. The focus will be the Collaboration technology and will demonstrate a patient interacting with their healthcare team using video conferencing and recording the appointment notes.

The system operates as a peer-to-peer video network within the browser on your smart phone or computer. No central servers for security or privacy breaches, no complicated software to download, just the browser already installed on your computer. Either the patient or physician can invite others, such as medical providers, family members, patient advocates or health coaches to the telemedicine session.

In addition to secured video, a collaborative notepad is displayed in the browser and all participants can document and review the session. When the session is over, the notes can be securely downloaded to the provider’s EHR (Electronic Health Record) or the patient’s PHR (Personal Health Record). They can be retrieved for review either through the EHR system or through the OSH Telemedicine system.

Certain ground-breaking components of the OSH platform will be available under an open source license as they are released to the market. The open source software is combined with the OSH proprietary technology to deliver a fully integrated health care system for women’s health to be launched in 2015 for the USA Healthcare market.

“We expect significant interest within the open source community to adopt this technology to enhance their current healthcare delivery system” stated Fred Trotter, COO of Open Source Health Inc. “By making the telemedicine and collaborative notes system open source, the community can participate in advancing the technology and the creation of new delivery methods for healthcare. We are pleased to be at the forefront of these efforts”.

About Health 2.0 Conference:

Health 2.0 Conference is hosted in Santa Clara, California on September 21-24, 2014 and once again bringing together the best and brightest speakers, newest product demos, and top networking opportunities for the most unique event in health care technology. With over 80 speakers, 30 engaging panels, workshops, thought-provoking discussions, and 150 LIVE product demos, the most innovative health tech breakthroughs will be showcased on the Health 2.0 stage. In addition to sessions on Patient Engagement, the Data Utility Layer, Wearables, and The New Marketplace, attendee favorites 3 CEOs, The Unmentionables, and Launch! are back this September 21-24 in Santa Clara, CA.

For More Information visit: www.health2con.com

About Open Source Health Inc.:

Open Source Health takes a truly patient-centered approach and is in the business of providing a real- time integrative healthcare solution for women in an open source architecture. Open Source Health Inc. is set to lead the current healthcare revolution by leveraging the latest trends in digital health, personalized health, social health and participatory medicine.

For more information, visit www.opensourcehealth.com

Contact:

For further information, please contact Investor Relations at Open Source Health Inc.
Toll Free: 1.866.403.1933
investor.relations@opensourcehealth.com


Forward Looking Statements

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of OSH, including, but not limited to, the uncertainty of the Transaction proceeding, the impact of general economic conditions, industry conditions, dependence upon regulatory and shareholder approvals, the execution of definitive documentation and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.

Open Source Health Issues Securities to Settle Debt

Investor News

Toronto, Canada – September 12, 2014: Open Source Health Inc. (CSE:OSH) (the “Company”), a cloud based patient engagement system that puts control in the hands of women to Educate, Advocate and Collaborate on their own healthcare, is pleased to announce that it has entered into a debt settlement agreements with arm’s length creditors (the “Creditors”) providing for the settlement of an aggregate of $250,000 of indebtedness through the issuance of 500,000 units (the “Units”) at a deemed price of $0.40 per Unit and 250,000 warrants (each, a “Warrant”) at a deemed price of $0.20 per Warrant. Each Unit consists of one common share (a “Common Share”) in the capital of the Company and one Warrant. Each Warrant will entitle the holder thereof to purchase one Common Share at a price of $0.50 for 36 months from the date of issuance of the Warrant.

In connection with the debt settlement an officer of the Company has arranged to loan 500,000 free-trading Common Shares to one of the Creditors in exchange for 500,000 Warrants.

250,000 Warrants will be issued to Pilkington Capital Corporation (“Pilkington”) in connection with the provision of a guarantee. Pilkington is a company controlled by Mr. Gary Bartholomew, Chairman of the Company, resulting in the issuance of the 250,000 Warrants being a “related party transaction” as defined in Multilateral Instrument 61-101 – Protection of Minority Security holders in Special Transactions (“MI 61-101”). The portion of the debt settlement involving Pilkington is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 due to the fact that the Common Shares are listed on the Canadian Securities Exchange and the issuance of the 250,000 Warrants represent less than 25% of the market capitalization of the Company. A material change report will be filed less than 21 days before the closing date of the debt settlement. This shorter period is reasonable and necessary in the circumstances to allow the Company to improve its financial position by reducing its accrued liabilities.

About Open Source Health Inc.:

Open Source Health takes a truly patient-centered approach and is in the business of providing a real-time integrative healthcare solution for women in an open source architecture. Open Source Health Inc. is set to lead the current healthcare revolution by leveraging the latest trends in digital health, personalized health, social health and participatory medicine.

For more information, visit www.opensourcehealth.com

Contact:

For further information, please contact Investor Relations at Open Source Health Inc.
Toll Free: 1.866.403.1933
investor.relations@opensourcehealth.com


Forward Looking Statements

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of OSH, including, but not limited to, the uncertainty of the Transaction proceeding, the impact of general economic conditions, industry conditions, dependence upon regulatory and shareholder approvals, the execution of definitive documentation and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.