BROOMFIELD, Colo. and NEW YORK, Feb. 16, 2011 /PRNewswire/ -- LifeNexus, Inc., the developer of the iChip™ and Personal Health Card®, and TxVia, Inc., a pioneer in processing technology for prepaid cards and emerging payments, today announced the selection of TxVia as LifeNexus's processor. The LifeNexus Personal Health Card is the first multi- purpose electronic health card utilizing the embedded iChip for securely maintaining an individual's personal health record and incorporates a payment card option.
TxVia will provide processing and supporting services for the LifeNexus MasterCard prepaid component of the Personal Health Card. TxVia brings extensive electronic payment experience to the relationship. "LifeNexus has a unique vision for healthcare, that affords compelling security, portability and convenience to users," said Anil D. Aggarwal, TxVia's CEO. "We're excited to support this innovation."
The LifeNexus Personal Health Card was designed to securely maintain an individual's Personal Health Record (PHR) on a card in their wallet. The patented iChip™, (Individually Controlled Health Information Platform™), utilizes "mobile server" technology embedded on a chip card which is both encrypted and password-protected, providing a highly secure environment to store comprehensive health information for individuals and their family members.
Hugh Meadows, President of the LifeNexus Payment Card Group said "TxVia is an ideal partner as we create a platform for consumers to take control of their personal health records, with an option to have it on a payment card. An individual's information stays in their wallet, not on a web-based server. This eliminates consumer concerns about storing sensitive data with unrelated third parties, supporting the adoption of electronic medical records by their health care providers."
About LifeNexus, Inc.
LifeNexus introduces a new era in portable health records with the Personal Health Card®. This technology was designed specifically for maintaining an individual's Personal Health Record (PHR) on a card in their wallet. The patented iChip™, "Individually Controlled Health Information Platform™," utilizes mobile server technology to securely store critical information including prescriptions, medical history, allergies, insurance data, emergency contacts, physician notes, as well as other key information. Individuals authorize access to critical information at the time and point of need. With sensitive information securely encrypted, password protected and "Off-the- Web" the consumer is in absolute control with the iChip. Now individuals can manage their personal health information and at their choice, the iChip can be applied to payment cards, conveniently making general day-to-day purchases on the same card.
For more about LifeNexus visit www.personalhealthcard.com.
About TxVia, Inc.
TxVia offers the most advanced processing technology for prepaid cards and other emerging payments, as well as comprehensive supporting services. Our solutions encompass the full scope of consumer, corporate and government payment applications. We enable electronic payments with a platform-as-a-service (PaaS) delivery model. PaaS is not a one-size-fits-all platform. It is a fully customizable solution that supports your specialized processing needs. Our clients, which include some of the largest payments companies in the world, realize significant time-to-market, cost, scalability, reliability and security benefits.
For more about TxVia visit www.txvia.com
SOURCE LifeNexus, Inc.