December 21, 2009 (FinancialWire) — Patient Access Solutions, Inc. (OTC: PASO), an emerging provider of healthcare and financial processing technologies that enable a graceful migration to Electronic Medical Records for the healthcare industry, announced strong initial acceptance among its current customer base of its recently announced EMR hosted platform.

Thus far, a high percentage of the company’s current customer base, of more than 750 physicians and health care practices, that have been contacted, have already accepted the opportunity to install the new PAS Electronic Medical Record Program beginning in January 2010.

In early February 2009, the Obama Administration proposed the Health Industry Cost Savings Initiatives, designed to rapidly transition the medical community from the inefficient and costly paper-based systems mainly in place TODAY to electronic mechanisms for conducting communications and record retention. Specifically, identified within these initiatives is the need to transition smaller physician practices to electronic medical records. Patient Access Solutions is specifically targeting these smaller physician practices with its hosted EMR product offering. The drive toward implementing EMR systems received a boost from the American Recovery and Reinvestment Act of 2009, which outlines an investment of approximately $20 billion in healthcare information technology, with much of this amount going directly to physicians and healthcare practices for the purpose of implementing EMR technologies.

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