New York, NY -- (SBWIRE) -- 01/21/2015 -- Champion Pain Care Corporation(CPAI:OTCBB) is pursuing the roll up and consolidation of private pain management clinics across the US.
Over 100 Million Americans suffer from chronic pain and are served by a fragmented system consisting of approximately 2,500 doctors and 1,500 independent private clinics that specialize in pain management and treatment.
The revenues generated by these private clinics are estimated to be worth at least $4 Billion annually and growing due to:
-An increasing number of patients needing treatment as the population ages.
-Funding agencies wanting more effective, economical and enduring approaches to pain management.
-New restrictions on opioids that make the proprietary Champion Pain Care Protocol ("the Protocol"), a non-pharmaceutical treatment plan licensed to the Company that is highly effective in reducing pain, attractive to patients, doctors and funding agencies.
-General practitioners increasingly referring patients to pain specialists to avoid liabilities.
Selling their pain clinics is attractive to doctors who want to:
-Retire with the option to take payment in cash and public company shares.
-Offload their administrative burden to a parent company.
-Reduce their exposure to liability or sanctions from prescribing pain medications.
-Increase their opportunities, compensation and liquidity under public company ownership.
We will pursue growth and improved profits at all of our clinics by:
-Implementing the ("the Protocol") in addition to existing services.
-Securing internationally recognized accreditation.
-Improving CPT coding, billing and collections.
-Providing professional management of all business functions and medical practices.
-Developing standard operating procedures and economies of scale.
-Identifying and using best-practices from all clinics.
-Adding ancillary services, as required.
Our goal is to achieve clinical excellence and build a national brand for pain management that reduces dependence on prescription medications.
For more information please visit our website at http://www.championpaincare.com/
About Champion Pain Care Corporation
Champion Pain Care Corporation is focused on the acquisition of pain management practices throughout the United States. Our strategy is to roll up clinics that are operating in this fragmented market, continue their businesses as before, add ancillary services, such as our proprietary Champion Pain Care Protocol, and implement best practices, standard operating procedures, efficiencies and economies of scale that the Sellers are not able to achieve on their own. The objective is to bring consistency, efficiency and economy to such activities as human resources, compliance, regulatory affairs, marketing, management, accounting, purchasing, billing and legal services to build a national brand for chronic pain treatment across the US.
Forward Looking Statements:
Except for the historical information contained herein, the matters discussed in this document may be deemed to be forward-looking statements that involve risks and uncertainties. Words such as "may," "expect," "anticipate," "estimate," "intend," and similar expressions (as well as other words or expressions referencing future events, conditions or circumstances) are intended to identify forward-looking statements. Our actual results and the timing of certain events may differ materially from the results discussed, projected, anticipated, or indicated in any forward-looking statements. We caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and the development of the industry in which we operate may differ materially from the forward-looking statements contained in this document. The information provided and any forward-looking statements should be considered in light of factors discussed elsewhere in our filings on EDGAR including those risks identified under "Risk Factors." We caution readers not to place undue reliance on any forward-looking statements made by us, which speak only as of the date they are made. We disclaim any obligation, except as specifically required by law and the rules of the SEC, to publicly update or revise any such statements to reflect any change in our expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.
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Source: UPTICK Newswire