$MDHI The demand for the MediPendant® continues to grow at a rapid pace as a result of strong sales from the Company's retail partnership and growing online orders. Medical Alarm Concepts recently announced the signing of a major diversified national healthcare insurer that will offer the Company's MediPendant® product and monthly monitoring services to subscribers of selected healthcare programs. Additionally, the product will be included in the insurance carrier's dual demonstration program (Medicaid and Medicare) related contracts on which it may bid.
http://finance.yahoo.com/news/mdhi-receives-s...00487.html
On February 25, 2013, the Company signed a supply and services contract with Coventry Health Care, Inc., (NYSE: CVH) a diversified national insurer in the United States located in Bethesda, Maryland, which operates health plans, insurance companies, network rental and workers' compensation services companies.
Medical Alarm Concepts Holding, Inc. will become a provider of personal medical alarms for Coventry.