Somatic Systems, Inc. Approved for Healthcare National Provider Registry
07 Gennaio 2009 - 2:30PM
Marketwired
Somatic Systems, Inc. (PINKSHEETS: SMAS) is proud to announce that
it has been approved and is now listed in the National Provider
registry, and the company has received its National Provider
Identifier (NPI) code by the United States Centers for Medicare and
Medicaid Services.
This is a significant step in the process of Somatic Systems
becoming fully approved by US military health insurance, a system
that provides treatment for more than 70 million soldiers,
veterans, and dependents. The NPI assignment and acceptance in the
NPI Registry is required to be covered by government and military
health insurance. Somatic Systems' application was submitted,
reviewed, and approved.
Somatic Systems stated it is currently moving forward with the
next phases of the approval process, and furthering its military
contracts efforts via discussions and strategic partnerships with
key military and related personnel. This week, company
representatives are meeting with the Veterans Administration and
the Disabled American Veterans organization, to discuss their
provision of treatment services.
The Military Chronic Pain Crisis
Somatic Systems has been working to provide its proprietary
Clinical Somatics pain-care services for US military hospitals and
the Veterans Administration. In addition to seeking in-house
arrangements at bases and facilities, the company also announced
that it is preparing to rollout multiple clinics at military base
locations throughout the US, to provide easy access to Clinical
Somatics services at a time when the US military is strongly
seeking satisfactory pain treatment solutions such as Clinical
Somatics -- and following a wave of legislation including the
Military Pain Care Act of 2008, which requires the Department of
Defense, Veterans Affairs, and Health and Human Services and the
Surgeon General of the United States to implement and maintain a
pain care initiative in all military health care facilities and for
all active and retired military personnel, dependents, and
survivors.
Nearly 26 million living Americans have served in the military,
and pain is the most common symptom and cause of disability amongst
veterans, with more than 40% of returning service members reporting
musculoskeletal pain-related problems and symptoms. Additionally,
long-term sufferers as well as family members and other dependents
of all ages also face pain and other musculoskeletal problems; and
this population totals over 70 million people, served by the
Veterans Administration. In the face of this, military officials,
medical authorities, and government officials have reported
frustration that the military does not yet have a satisfactory pain
care program in place.
About Somatic Systems, Inc.
Somatic Systems is the worldwide center for Clinical Somatics?,
the groundbreaking drug-free, non-surgical approach to pain relief.
This proprietary system uses natural, non-invasive movement
techniques -- conducted through one-hour hands-on sessions,
therapeutic exercises classes, and home exercises lasting as little
as 5 minutes a day -- to relieve pain and limitation resulting from
accident, trauma and repetitive stress, including back pain, knee
pain, joint problems, carpal tunnel syndrome, TMJ, scoliosis,
bursitis, sciatica, headaches, tendonitis and more. Clinical
Somatics(TM) also provides performance gains and injury prevention
for casual and professional athletes.
Somatic Systems is pursuing a 3-part growth strategy, consisting
of a nationwide rollout of pain management Somatics Clinics;
increased production and distribution of therapeutic videos, books,
and other retail self-help Somatics Products; and expanded Somatics
Training Programs to supply Clinic practitioners serving medical
and orthopedic professionals and institutional and corporate
programs. The company operates a suite of web sites offering
Somatics information, products, resources, and opportunities, at
www.somatics.org.
Safe Harbor Act: This release includes forward-looking
statements made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995 that involves
risks and uncertainties including, but not limited to, the impact
of competitive products, the ability to meet customer demand, the
ability to manage growth, acquisitions of technology, equipment, or
human resources, the effect of economic business conditions, and
the ability to attract and retain skilled personnel. The Company is
not obligated to revise or update any forward-looking statements in
order to reflect events or circumstances that may arise after the
date of this release.
Contact: For more information visit http://www.somatics.org or
contact: Investor Relations 1 877 586-2555
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