Open Source Health Announces Collaboration Agreement with Medici Medical Arts Clinic Southeastern, USA

Investor News

Toronto, Ontario, Canada – November 27, 2014: Open Source Health Inc. (CSE:OSH), a cloud based integrative healthcare platform that puts control in the hands of women to educate, advocate and collaborate on their own healthcare is pleased to announce it has entered into a Memorandum of Understanding with Medici Medical Arts Integrative Healthcare Clinics to collaborate on the commercialization of OSH’s cloud based platform for integrated and preventive healthcare.

“This collaboration is going to set the standard for delivering Integrative and Preventive Medicine online line using our cloud based system”, states Sonya Satveit, Founder and CEO of Open Source Health Inc. “The re-definition of an EHR will now include education, personalized advocacy programs specific to the empowered patient’s health and wellness goals along with online collaboration with their health care team and private social network”.

The state of the healthcare industry and its digital infrastructure is disease-centric and the technology does not support integrative and preventive health. The paradigm is shifting and OSH will be the catalyst to accelerate this shift from disease management by a physician to a participatory, team based approach where the empowered patient practices preventative and integrative health.

Over 80% of Medici’s clients are women and delivering our pain management services using the OSH platform will dramatically increase our reach, service levels and the quality of care our patients.” stated Dr. Sonny Dosanjh, M.D. and Chief Medical Officer of Medici Medical Arts Clinics. “We are excited about participating and using the platform OSH for Integrative Health.”

The Medici Method is an integrative approach to pain management that extends optimal care and well-being to patients. The Medici Method prepares “whole patient” treatment plans employing the most appropriate procedures within the scope of Medici’s specialty, supplemented by other specialists and treatment modalities as indicated. Medici Medical Arts physicians apply an integrative and wellness approach to our patients that currently have only a pharmacological solution available”. It is the future if healthcare.

About Medici Medical Arts LLC

Acute and chronic life impairing pain and disabilities is our focus. We are committed to alleviate suffering and achieve optimal quality of life with the development of a constantly evolving, efficient, scalable and replicable healthcare delivery system. Personalized care plans will guide patients and caregivers through recovery and restorative solutions with multi-disciplinary approaches for total wellness while minimizing pharmacological addiction and dependence. With clinics being added through the Southeast of the United States, current operations are in Atlanta, GA, while expanding into Florida with plans to add a surgical center, ambulatory services and clinics throughout Georgia and Florida.

For more information visit: www.medicimedicalarts.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 Open Source Health Inc. (“OSH”), including, but not limited to, the impact of general economic conditions, industry conditions 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 OSH 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 Obtains Loan

Investor News

Toronto, Canada – November 26, 2014: Open Source Health Inc. (CSE: OSH) (the “Company”), a cloud based integrative healthcare platform that puts control in the hands of women to educate, advocate and collaborate on their own healthcare, is pleased to announce that it has received a loan of $75,000 from Pilkington Capital Corporation, a company controlled by the Chairman of the Company. Proceeds of the loan will be used to fund marketing and working capital. The loan is payable six months from the date of issuance and bears interest of 15% per annum. If repayment is not made at maturity interest is 20%. Pilkington Capital Corporation will receive 150,000 common share purchase warrants (a “Warrant”) in the capital of the Company in connection with the loan.

Each Warrant will entitle the holder thereof to purchase one common share of the Company at a price of $0.50 for a period of 36 months from the date of issuance of the Warrant.

Mr. Bartholomew is the Chairman and a director of the Company. The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 based on financial hardship and the fact that the common shares of the Company are listed on the Canadian Securities Exchange. A material change report in connection promissory note will be filed less than 21 days before the closing of the transaction. This shorter period is reasonable and necessary in the circumstances due to the fact that the Company requires the funds to continue operations.

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 Open Source Health Inc. (“OSH”), including, but not limited to, the impact of general economic conditions, industry conditions 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 OSH 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 Grants Options

Investor News

Toronto, Canada – November 19, 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 granted 100,000 options to purchase common shares of the Company exercisable at a price of $0.50 per share and expiring on September 19, 2024, to a consultant of the Company. The common shares issuable upon exercise of the options are subject to a four-month hold period from the original date of grant.

About Hormone Soup:

Hormone Soup (www.hormonsoup.com) is a women’s hormone health website where Founder and President, Sonya Satveit publishes her story and research. As an empowered patient and women’s health advocate she has touched women with her story in over 100 countries. These women and their similar health struggles helped inspire the creation of the Integrative Healthcare platform within Open Source Health. Sonya continues to publish her stories with the hope that this information may make a difference in women’s day-to-day lives.

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 Open Source Health Inc. (“OSH”), including, but not limited to, the impact of general economic conditions, industry conditions 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 OSH 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 Announces Operations Update

Health Tech News

Toronto, Ontario, Canada – November 14, 2014: Open Source Health Inc. (CSE:OSH), a cloud based integrative healthcare platform that puts control in the hands of women to educate, advocate and collaborate on their own healthcare is pleased to provide an operational update on the development of its proprietary cloud-based healthcare platform.
“It is projected that over USD $1 Trillion in healthcare costs could be saved by 2023 with better prevention and disease management, yet today only 3% of $2.4 Trillion is spent today on prevention”, states Sonya Satveit, Founder and CEO of Open Source Health Inc. “This reflects only the top seven chronic diseases and the current healthcare system isn’t designed to facilitate preventative and integrative health – we plan to change that with the launch of our platform.”

Update – Open Source Health

The Company has made significant progress in the development of its advanced cloud-based platform that is designed to empower women to take control of their own health. The three main components of preventative and integrative healthcare are to educate, advocate and collaborate. The OSH platform combines all three functions:

    1. Educate: Through interaction with the patient, the Artificial Intelligent and Learning Engine curates a personalized health portal for each patient individually. It is constantly learning and updating based on the patient’s interests, health records, lab results, treatment plans and results.

      Status:The core underlying platform is installed and being tested, along with the interface, to over 75,000 medical journals with millions of peer reviewed medical research articles; the interface to the internet where website, blogs, and articles are posted; and the connections to molecular databases that describe interactions between conditions, symptoms and diseases. The algorithms for intelligent curation is in development and will be entering testing in Q1 2015. It is this algorithm that creates a highly accurate health news portal for each patient.

 

    1. Advocate: In a market that is disease-centric, people do not know how to take control of their own health and practice prevention. The OSH platform incorporates an advocacy model to break down each step of the patient’s healthcare journey and facilitate the next steps. The more a patient participates, the more engaged she becomes in her health, resulting in improved health and lower healthcare costs.

      Status: OSH is working with leading insurance and actuarial companies to use evidence-based results on the steps of prevention that lead to a healthy patient and lower healthcare costs. This is driven from a fully secured and HIPPA complaint the Electronic Health Record (EHR)- a system used by the patient and the provider to store all medical information, billing processes, access to prescription and laboratory testing networks. Currently an open source EHR platform is being adapted to accommodate the specialized needs of preventative and integrative health practices. Release to beta test will be Q2 2015. The Patient owns their own data and health information within the EHR platform.

 

  1. Collaborate: Through the platform, the patient has 24/7 access to her team of healthcare professionals. The key is making this convenient to ask a question or get a second opinion by facilitating a variety of options, such as telemedicine consult, instant messaging and email. The patient selects her own health care team of professionals from a variety of specialties that support women’s health. She can also create a private social network of other patients and family for support or to assist them to advocate.
    Status: The Collaboration technology was released as an open source software code to the market late September at the Health 2.0 Conference and demonstrated live on the main stage. Several clinics and medical centers around the USA are reviewing the use of this technology, as it offers a low cost and fast implementation solution that will disrupt the current multi-million dollar solutions currently being offered in the market. It is expected that OSH will begin billing consulting services for its use. Development continues to improve the open source code and the commercial offering to be used in the Open Source Health Platform. OSH believes that this open source approach will change the face of health delivery by making it accessible and available to everyone.

 

Other Activities Update:

    1. Beta Clients and Market Launch: Scheduled for launch in mid-2015, the platform will be focused on women’s hormone health in conjunction with a number of women-centric clinics. The women’s health platform has been named myAVA. OSH is currently engaged with clinics in the USA regarding adopting the platform to immediately deliver care to their female patients by adding their physicians to the system, which will create immediate recurring transactional revenue at launch.

 

    1. Marketing Launch: A daytime daily TV show centered on women’s health issues is being produced in Hollywood. OSH will partner with the producers of the show to integrate the myAVA platform into the interactive content engagement technology tied to the show. This TV show, which will air daily to a potential viewing audience of up to 14 million women, will act as the lead generation to the myAVA platform. The first season will consist of a series of 30 shows that will air in the second half of 2015 in the USA. A segment of this show, integrated with the engagement technology is available for viewing on the OSH web site at www.opensourcehealth.com

 

    1. Patent Activity: OSH has 3 patents being prepared for filing with the International Patent office around its core technology which are expected to be filed in Q1 2015.

 

    1. Management Team: OSH has assembled one of the top management teams in Digital Health in the USA and Canada and will continue to add to the team as the Company moves towards commercialization of its proprietary technology in 2015.

 

  1. Financing: OSH is currently marketing a $5M private placement in the USA and Canada and due diligence is underway with multiple investor groups.

Summary

The launch focus of OSH’s disruptive proprietary technology platform is on delivering healthcare to women, who consume 73% of the healthcare resource in the USA. Our strategy is to have millions of women connected to thousands of healthcare providers, delivering preventative and integrative health over OSH’s myAVA platform. We will generate our revenue from the use of the platform by healthcare providers, product sales and ancillary services. This is a multi-hundred billion-dollar market and OSH is leading the transition from disease management to a focus of preventive medicine and integrative health.

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 Open Source Health Inc. (“OSH”), including, but not limited to, the impact of general economic conditions, industry conditions 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 OSH 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.