Cardiac Systemz offers heart monitoring devices for cardiovascular patients through an extensive physician network. The Company lends its monitors to the physicians, who maintain inventory at their site, and prescribe and dispense the monitors to their patients. Cardiac Systemz generates revenue through reimbursement by Medicare and other insurance providers.
The monitoring devices use sophisticated algorithms to detect significant heart events and transmit data to the Cardiac Systemz clinically-validated monitoring/receiving center. Because the data is transmitted electronically (land lines or wireless), the patient is not restricted to a particular location. The data is immediately analyzed by certified technicians who prepare thorough diagnostic reports and communicate them to the prescribing physician, emergency medical service transport, and/or closest hospital.
The Company’s mission is to provide peace of mind to heart patients, their families, and their caregivers.
The physicians prescribe the user-friendly Loop Event Recorder for accurate documenting of transient cardiac events (the Heart 2005A ). The Heart 2005A is the answer for long-term transtelephonic monitoring. This state-of-the-art device does not require a patient cable. It’s so small that it easily fits into a pocket, making it readily available for use at any time and any place. Patients simply place two thumbs on designated electrodes and push one button to record a rhythm lead. Recorded results are transmitted to the Heartline Receiving Station (HRS) from any standard or cell phone.
Zev Helfer has 30 years of experience in the health care industry. He started the first Health Maintenance Organization in Broward County Florida in 1981 as an affiliate provider to International Medical Center. He has also owned, managed, and operated multiple medical centers over the years including Doctor’s Medical Center Inc. (“DMC”). DMC, Inc., a very large center, includes both medical and dental offices, an optometry department, and a pharmacy. This center was later sold for a profit to Humana.
From 1988 to 1997, Zev owned and managed Cardiotrace, located in Philadelphia, which was the biggest event monitoring company in the U.S. during that period. (The company’s gross income the first year of operations was $19.5 M.)
After Cardiotrace, Zev also owned and operated laboratories such as Biotrace, which was responsible for processing 2000 to 3000 patients a night, and Gateway Laboratories, which was processing over 2000 patients a night.
Dr. Gang serves as the Medical Director of the Company. He is a practicing Clinical Electrophysiologist and is Board Certified in Internal Medicine, Cardiology, and Clinical Electrophysiology. He graduated from Columbia University’s College of Physicians & Surgeons, and did his Cardiology and Electrophysiology training at Columbia University’s Presbyterian Hospital. He was co-Director of the Clinical Electrophysiology Laboratory at Cedars-Sinai Medical Center from 1983-1988. He currently practices Cardiology and Clinical Electrophysiology in Los Angeles, where he is also Clinical Professor of Medicine at the Geffen School of Medicine at UCLA.
Douglas has been performing accounting and attestation compliance since 1994. He has broad experience in financial and tax planning services for businesses and individuals. In addition, he specializes in audits of public and non-public companies, hedge funds, and condominium associations. Douglas began his career with a large regional public accounting firm as a tax accountant and auditor and later formed Labrozzi & Company using his experience and contacts to grow a practice that concentrates in highly personalized accounting, tax, and attestation services. His diverse background affords him the unique opportunity to leverage both tax and business strategies.