SHL Telemedicine Ltd. (SWX: SHLTN) today published its financial report for the fourth quarter and full year of 2008. The remote medical monitoring company moved into the black and expects further improvement in its results in 2009, despite the recession.

For the sake of comparison, SHL used 2007 figures which exclude the results of its US operations, Raytel Cardiac Services Ltd., which were sold in late 2007 to Royal Philips Electronics NV (AEX: PHG).

via SHL Telemedicine moves to profit.

Personal telemedicine is the transmission of medical data by an individual, from a remote location to a medical call center via communication networks. With the help of sophisticated computer systems, the Medical Call Center staff uses this data to diagnose and monitor end user’s health, following proprietary guidance protocols, responding fast and effectively to their needs.

SHL's personal telemedicine systems are designed to improve quality of care and lifestyle for people suffering from various health conditions ranging from the high-risk and chronically ill to healthy users who wish to take a more active role in managing their own health. In particular, the company's telemedicine systems can be used to reduce response time to emergency care for those suffering from potentially fatal cardiac episodes.

via SHL TeleMedicine Ltd. :: Home Page.