HOUSTON, June 25, 2014 (GLOBE NEWSWIRE) -- Spine Pain Management, Inc. (OTCQB:SPIN), a technology-driven, financial service, device and healthcare solution company servicing the multi-billion dollar spine injury sector, today announced the formal addition of Back Pain Institute of West Texas (BPIWT) as a new Diagnostic Affiliate. The rapidly growing combined Midland-Odessa "PetroPlex" has become a hot spot of Texas oil and gas activity. Due to its rapidly growing industrial base, it has become a prime area for spine injury accidents.
Similar to SPIN's affiliate in San Antonio, BPIWT was attracted to SPIN due to SPIN's operating model and proprietary state of the art transparency program, Quad Video HALO™.
"The Quad Video Halo 3.0 technology will help me document transparency in my patients who undergo spine injections," said Dr. Mark Mehaffey, head of BPIWT. "In addition, the Quad Video Halo will assist our clinic develop new programs related to regenerative therapy injections for spine and joint problems."
"I am glad BPIWT became aware of SPIN's program," Dr. Mehaffey continued. "When treating patients who may be involved in personal injury cases, transparency is of particular importance. I believe the addition of SPIN's financial model and, more importantly, the Quad Video HALO, will be a great benefit to our practice. The support and assistance of Dr. Donovan and his team have been incredible in assisting BPIWT in achieving such a quick and successful launch."
William F. Donovan, M.D., CEO of Spine Pain Management, said, "As in the case of our independent affiliate in San Antonio, I am again pleased that the Quad Video HALO Technology was a deciding factor in BPIWT's decision to work with us. I could not be more pleased to have Dr. Mehaffey and his group join the SPIN team."
About Spine Pain Management, Inc:
We are a financial 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 financial 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 financial 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.