Millennium Healthcare Secures New Sales, Marketing and Distribution Agreement
GARDEN CITY, N.Y., Sept. 30, 2014 /PRNewswire/ -- Millennium Healthcare Inc. (MHCC) today announced that its subsidiary, Millennium Medical Devices, has executed a sales, marketing and distribution agreement with MDbizWorx. MDbizWorx is a Florida based provider of ancillary medical services that serves private physician practices, Accountable Care Organizations (ACOs) and hospitals through a seasoned national marketing and sales force. MDbizWorx currently serves over 10,400 active Physician Purchasing Accounts that include a network database of over 300,000 physicians. Robert Toppi, Director of Operations of MDbizWorx stated, "I cannot express enough how we can help Millennium Medical Devices attain many of their short and long term goals. Their diagnostic testing will fill the long missing service line that we had been set on marketing."
The tenured sales team at MDbizWorx has developed and cultivated relationships throughout the healthcare industry with medical and healthcare organizations in multiple US markets. The company provides ancillary medical services such as; Allergy Testing and Therapy, A.N.S. Testing, Toxicology Screening, Pharmacogenetics, Pharmaceutical Dispensing, Injection Kits, Advanced Lipid Testing, HIPAA Compliance Services and ICD-10 Training.
"Introducing Millennium's product offering to the experienced team at MDbizWorx is anticipated to provide a significant addition to Millennium's current network of 1,300 physician practice and healthcare clients. The proprietary technology combines clinical value with potentially strong revenue enhancement for participating physician and healthcare practices. MDbizWorx will help us potentially reach more physicians and practices in new geographical areas. Strategic alliances and partnerships with companies like MDbizWorx help Millennium Medical Devices build the platform for a national rollout of exclusive technologies," stated David Perry, Millennium Healthcare COO.
Chris Amandola, Millennium Healthcare President added, "we are impressed with MDbizWorx's business model in providing new products and services to an impressive number of physicians within their network. We intend to layer exclusive product technologies, currently supported under the Affordable Care Act, to the vast network of physicians at MDbizWorx."
"Millennium Healthcare's core business model remains focused on bringing clinically advanced devices to the currently 400,000 Primary Care Physicians and 200,000 specialists in the US today. We continually strive to maximize and enhance the efforts of our sales force by introducing and offering several exclusive technologies for distribution. We believe this agreement with MDbizWorx assists us in getting closer to that goal," concluded Dominick Sartorio, Millennium Healthcare CEO.
About Millennium Healthcare, Inc.
Millennium Healthcare Inc. through its wholly owned operating subsidiaries provides primary care physician practices, physician groups and healthcare facilities of all sizes with cutting edge medical devices focused primarily on preventive care through early detection. The Company also provides advanced billing and coding services and practice development and management services.
About MDbizWorx.
MDbizWorx is a provider of medical ancillary services such as Allergy Testing and Therapy, A.N.S. Testing, Toxicology Screening, Pharmacogenetics, Pharmaceutical Dispensing, Injection Kits, Advanced Lipid Testing HIPAA Compliance Services and ICD-10 Training. The company has over fourteen national contracts with multiple venue offerings providing expertise, training and support designed to seamlessly integrate into medical practices.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This press release contains certain statements that may constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the "Reform Act"). Forward-looking statements are identified by such words and phrases as "we expect," "expected to," "estimates," "estimated," "current outlook," "we look forward to," "would equate to," "projects," "projections," "projected to be," "anticipates," "anticipated," "we believe," "could be," and other similar phrases. All statements addressing operating performance, events, or developments that we expect or anticipate will occur in the future, including statements relating to revenue growth, earnings, earnings-per-share growth, or similar projections, are forward-looking statements within the meaning of the Reform Act. Because they are forward-looking, they should be evaluated in light of important risk factors that could cause our actual results to differ materially from our anticipated results. The information provided in this document is based upon the facts and circumstances known at this time. We undertake no obligation to update these forward-looking statements after the date of this release.
SOURCE Millennium Healthcare Inc.
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