HOUSTON, Sept. 6, 2012 (GLOBE NEWSWIRE) -- Spine Pain Management, Inc. (the "Company") (OTC:SPIN), a healthcare services and technology company, today announced that it has opened an affiliate diagnostic center in Gainesville, Florida, the largest city in North Central Florida with a population of approximately 125,000 residents, bringing the Company's total affiliated centers in operation to nine. This opening also represents the Company's seventh affiliate location in Florida and geographically extends its patient reach from central Florida to its northern most point.
Spine Pain Management provides prefunding of spine diagnostic injections as well as supplying the affiliate centers with access to the Quad Video Halo System™, a first-to-market, proprietary technology that generates much needed transparency of indisputable data that promotes faster case settlement. Each affiliated diagnostic center is responsible for its facility and operating costs.
Dr. William F. Donovan, Spine Pain Management's president and CEO, commented, "Our business model is designed to assist affiliated doctors in providing reasonable, appropriate and necessary treatment to spine injury patients and provide a level of transparency to further support their journey to recovery. We hope to expand the reach of our service into neighboring states. We are strategically extending our business model into target markets that are conducive to our business growth."
About Spine Pain Management, Inc:
We are a medical services and technology company facilitating diagnostic services for patients who have sustained spine injuries resulting from traumatic accidents. We deliver turnkey solutions to spine surgeons, orthopedic surgeons and other healthcare providers that provide necessary and appropriate treatment of musculo-skeletal spine injuries resulting from automobile and work-related accidents. Our care management services help reduce the financial burden on healthcare providers that provide patients with early-stage diagnostic testing and non-invasive surgical care, preventing many patients from being unnecessarily delayed or inhibited from obtaining needed treatment. We believe that our services and technology brings strong transparency and impartiality to all parties involved in the settlement of patient cases.
Additional information about the company, along with a video can be found at its website at www.spinepaininc.com.
Forward-Looking Statements: This press release includes forward-looking statements as determined by the U.S. Securities and Exchange Commission (the "SEC"). All statements, other than statements of historical facts, included in this press release that address activities, events, or developments that the company believes or anticipates will or may occur in the future are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations, healthcare services demands, changes in healthcare practices, government regulation, and other factors over which the company has little or no control. The company does not intend (and is not obligated) to update publicly any forward-looking statements. The contents of this press release should be considered in conjunction with the warnings and cautionary statements contained in the company's recent filings with the SEC.