PRESS RELEASE
Travel Executive Funds Medical Software Company
Philadelphia, PA – February 28, 2005
– Hal Rosenbluth, former chairman and CEO of the Rosenbluth
International travel company, has become the largest shareholder
in an electronic medical records company.
Rosenbluth did not disclose how much he invested in Ethidium
Health Systems, a Huntingdon Valley-based developer of Internet-
and wireless-based records management products. The investment
was announced on Monday.
Rosenbluth said the company plays an important role in making
electronic medical records affordable and available to patients
and physicians, potentially lowering health care costs and
reducing medical errors.
Rosenbluth International was sold to American Express in
2003. Ethidium builds on provisions in the Health Insurance
Portability and Accountability Act, which requires that medical
records be portable and private.
Content reprinted from February 28 edition of Philadelphia
Business Journal online.
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