Showing posts with label Marketing. Show all posts
Showing posts with label Marketing. Show all posts

Tuesday, July 17, 2012

National Health Partners Successfully Launches New Marketing Initiative

HORSHAM, Pa., July 17, 2012 /PRNewswire/ -- National Health Partners, Inc. (National Health) (OTCBB: NHPR), a leading provider of discount healthcare membership programs, announced today that it has successfully launched a new marketing initiative during the 2nd quarter. As a result of this new marketing approach the Company has seen strong monthly growth in both sales and cash flow. The Company also expects to continue adding more partners under this new program.

"The Company embarked on a bold new initiative at the beginning of the 2nd quarter and the results have been extremely positive," stated David M. Daniels, National Health Partners' President and CEO. "It's important to understand this new approach is a radical departure from how we previously compensated our partners. Historically we have paid residual commissions for the life of each membership; however, under the new program, the Company pays a one-time fee for each sale generated by a partner. The net effect is we own the memberships outright and therefore have no further obligations for the life of that member. As a result, the profit margin for retained memberships is almost triple what we would make under our previous residual payout structure."

Mr. Daniels further states, "This new program is having a profound impact on both revenues and cash flow. The Company expects to deliver positive cash flow from operations and we anticipate substantial gains in our overall cash flow for the remainder of the year. Another benefit from this payout program is the number of new partners who have signed up with us which will further drive sales going forward. As we continue to gain more traction under this new program we will be able to provide a more detailed forecast for both the 3rd quarter and 4th quarter. One thing is for certain, we are very excited about where we are now and where we expect to be by year-end."

National Health Partners, Inc.

National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called "CARExpress."  CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna.  The company's primary target customer group is the 47 million Americans who have no health insurance of any kind.  The company's secondary target customer group includes the millions of Americans who lack complete health insurance coverage.  The company is headquartered in Horsham, Pennsylvania.  For more information on the company, please visit its website at www.nationalhealthpartners.com.

Safe Harbor Provision

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  All statements other than statements of historical fact contained herein, including, without limitation, statements regarding the company's future financial position, business strategy, budgets, projected revenues and costs, and plans and objectives of management for future operations, are forward-looking statements.  Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expects," "intends," "plans," "projects," "estimates," "anticipates," or "believes" or the negative thereof or any variation thereon or similar terminology or expressions.  Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from results proposed in such statements.  Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct.  Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, its ability to fund future growth and implement its business strategy, its ability to develop and expand the market for its CARExpress membership programs, demand for and acceptance of its CARExpress membership programs, its dependence on a limited number of preferred provider organizations and other provider networks for healthcare providers, as well as those factors set forth in the company's Annual Report on Form 10-K for the year ended December 31, 2010 and its other filings and submissions with the Securities and Exchange Commission.  Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made.  Except as required by law, the company assumes no obligation to update or revise any of the information contained in this press release.

Contact

National Health Partners, Inc.
David Daniels
President/CEO
(941) 729-1766
info@nationalhealthpartners.com


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Streamline Health Announces Joint Marketing Agreement With nTelagent

CINCINNATI, July 17, 2012 /PRNewswire/ -- Streamline Health Solutions, Inc. (STRM), a leading provider of enterprise content management and business analytics solutions for healthcare organizations, today announced that it has entered into a joint marketing agreement with nTelagent, Inc., a leading provider of point-of-service solutions to support revenue cycle improvements within healthcare organizations' patient access departments. As part of the agreement, nTelagent will market the benefits of the Streamline Health business intelligence solutions and patient financial services workflows, and Streamline Health will promote the benefits of nTelagent's point-of-service solution to clients and prospects.

nTelagent's automated point-of-service solution provides patient access specialists with the information they need to maximize cash collections and handle the various situations that occur at point of registration. The nTelagent system enables providers to settle all accounts on the front end by guiding patient access staff through each patient encounter via real-time, customized scripts.

Streamline Health's business intelligence solution, OpportunityAnyWare, along with the company's ARWare and AuditWare workflows, help healthcare providers to achieve optimal financial performance while providing exceptional patient service and satisfaction. These solutions help healthcare organizations understand complex financial information that is often stored in disparate data repositories and structures data in a way that helps users make informed and actionable business decisions. Combined with nTelagent's retail point-of-service solutions, hospitals are able to create a complete process from point of service to patient billing that helps maximize overall cash collections and minimizes the cost to collect.

"We believe that combining OpportunityAnyWare and our patient financial services solutions with nTelagent's solutions will provide our mutual clients a broader capability to increase cash collections while using analytics to identify and address areas for improvement," said Robert E. Watson, president and chief executive officer of Streamline Health. "We are pleased to be adding another distribution channel partner who can strategically offer our solutions to their clients, while we have gained the opportunity to offer a new set of solutions to our clients."

"In the current healthcare market, having effective systems in place is critical for providers to maintain financial viability, and to continue giving patients exceptional care and service," explained Earl Winter, nTelagent CEO. "Partnering with Streamline Health, a proven leader in revenue cycle technology, allows nTelagent to strengthen our existing offerings to clients. In addition, our own expertise in helping hospitals increase upfront and overall collections will now be marketed to a larger number of companies, thanks to Streamline's network of clients."

About Streamline Health
Streamline Health provides solutions that help hospitals and physician groups improve efficiencies and business processes across the enterprise to enhance and protect revenues. Our enterprise content management solutions transform unstructured data into digital assets that seamlessly integrate with disparate clinical, administrative, and financial information systems. Our business analytics solutions provide real-time access to key performance metrics that enable healthcare organizations to identify and manage opportunities to maximize financial performance. Our integrated workflow systems automate and manage critical business activities to improve organizational accountability to drive both operational and financial performance. Across the revenue cycle, our solutions offer a flexible, customizable way to optimize the clinical and financial performance of any healthcare organization. Visit www.streamlinehealth.net for more information.

About nTelagent
nTelagent's fully integrated point-of-service solution for managing accounts receivable revolutionizes how healthcare providers interact with patients. The system enables providers to settle all accounts on the front end by guiding patient access staff through each patient encounter via real-time, customized scripts. From insurance verification to payment processing, registration is fast, simple and accurate for all patients: insured, uninsured and those qualifying for financial assistance. In addition to increasing upfront cash and cash on hand, nTelagent clients reduce AR days and bad debt, follow consistent practices on all registrations, identify accounts needing financial assistance, and provide dynamic reports for real-time end-user monitoring. Visit www.ntelagent.com for more information. For a video overview of nTelagent, visit  www.ntelagent.com/Video_and_Demo.html.

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995
Statements made by Streamline Health Solutions, Inc. that are not historical facts are forward-looking statements that are subject to risks and uncertainties and are no guarantee of future performance. The forward looking statements contained herein are subject to certain risks, uncertainties and important factors that could cause actual results to differ materially from those reflected in the forward-looking statements, included herein. These risks and uncertainties include, but are not limited to, the timing of contract negotiations and execution of contracts and the related timing of the revenue recognition related thereto, the potential cancellation of existing contracts or clients not completing projects included in the backlog, the impact of competitive products and pricing, product demand and market acceptance, new product development, key strategic alliances with vendors that resell the Company's products, the ability of the Company to control costs, availability of products obtained from third party vendors, the healthcare regulatory environment, potential changes in legislation, regulation and government funding affecting the healthcare industry, healthcare information systems budgets, availability of healthcare information systems trained personnel for implementation of new systems, as well as maintenance of legacy systems, fluctuations in operating results, effects of critical accounting policies and judgments, changes in accounting policies or procedures as may be required by the Financial Accountings Standards Board or other similar entities, changes in economic, business and market conditions impacting the healthcare industry, the markets in which the Company operates and nationally, and the Company's ability to maintain compliance with the terms of its credit facilities, and other risks detailed from time to time in the Streamline Health Solutions, Inc. filings with the U. S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to publicly release the results of any revision to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.


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Friday, February 3, 2012

Streamline Health Announces Joint Marketing Agreement With FTI Consulting

CINCINNATI, Feb. 2, 2012 /PRNewswire/ -- Streamline Health Solutions, Inc. (NasdaqCM: STRM - News), a leading provider of enterprise content management and business analytics solutions for healthcare organizations, today announced that it had entered into a joint marketing agreement with FTI Consulting, Inc. (NYSE: FCN - News), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value. As part of the agreement, FTI Consulting will market the benefits of the Streamline Health business intelligence and analytic software along with patient financial services workflows, and Streamline Health will highlight the benefits of the firm's consulting services to both clients and prospects.

FTI Consulting also will utilize Streamline Health's solutions on performance improvement projects to maximize financial results for its clients. Working with Streamline Health, FTI Consulting will use the solutions along with its professional advisors to facilitate and accelerate the identification and achievement of revenue cycle performance for its clients nationwide. Streamline Health's solutions will give FTI Consulting the technology required to continue to exceed its projects' objectives and differentiate itself as the premier leader of healthcare performance improvement advisors.

"The global expertise and innovative thought leadership of FTI Consulting will help us to ensure our market is fully aware of the benefits of our solutions and how they can be used to optimize healthcare organizations' revenue cycle performance and maximize financial results," said Robert E. Watson, president and chief executive officer of Streamline Health. "Combining the expertise of FTI Consulting with our solutions will help healthcare providers make informed and actionable business decisions for more efficient revenue cycle management."

Brian Flynn, Senior Managing Director of the FTI Consulting Healthcare Solutions group, said: "Streamline Health is an industry leader in providing revenue cycle operations technology solutions, and we are pleased to be working in partnership with Streamline Health to bring innovative, cutting-edge business intelligence solutions to our healthcare clients across our practices.  In addition to strengthening our existing offering to clients, this agreement allows us to market our expertise to a larger array of companies through Streamline Health's deep network of organizations."

About Streamline Health

Streamline Health provides solutions that help hospitals and physician groups improve efficiencies and business processes across the enterprise to enhance and protect revenues. Our enterprise content management solutions transform unstructured data into digital assets that seamlessly integrate with disparate clinical, administrative, and financial information systems. Our business analytics solutions provide real-time access to key performance metrics that enable healthcare organizations to identify and manage opportunities to maximize financial performance. Our integrated workflow systems automate and manage critical business activities to improve organizational accountability to drive both operational and financial performance. Across the revenue cycle, our solutions offer a flexible, customizable way to optimize the clinical and financial performance of any healthcare organization. For more information, visit www.streamlinehealth.net.

About FTI Consulting

FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 3,800 employees located in 23 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring. The company generated $1.4 billion in revenues during fiscal year 2010. More information can be found at www.fticonsulting.com.

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995

Statements made by Streamline Health Solutions, Inc. that are not historical facts are forward-looking statements that are subject to risks and uncertainties and are no guarantee of future performance. The forward-looking statements contained herein are subject to certain risks, uncertainties and important factors that could cause actual results to differ materially from those reflected in the forward-looking statements included herein. These risks and uncertainties include, but are not limited to, the timing of contract negotiations and execution of contracts and the related timing of the revenue recognition related thereto, the potential cancellation of existing contracts or clients not completing projects included in the backlog, the impact of competitive products and pricing, product demand and market acceptance, new product development, key strategic alliances with vendors that resell the Company's products, the ability of the Company to control costs, availability of products obtained from third-party vendors, the healthcare regulatory environment, potential changes in legislation, regulation and government funding affecting the healthcare industry, healthcare information systems budgets, and availability of healthcare information systems trained personnel for implementation of new systems, as well as maintenance of legacy systems, fluctuations in operating results, effects of critical accounting policies and judgments, changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other similar entities, changes in economic, business and market conditions impacting the healthcare industry, the markets in which the Company operates and nationally, the Company's ability to maintain compliance with the terms of its credit facilities, and other risks detailed from time to time in the Streamline Health Solutions, Inc. filings with the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to publicly release the results of any revision to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Visit our website at: www.streamlinehealth.net

Director of Marketing Communications


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