Spine Pain Management, Inc. Launches Nationwide Marketing Program for Quad Video HALO V.3.0 Through Leading Edge Medical Part...
20 Settembre 2013 - 2:00PM
Spine Pain Management, Inc. (OTCQB:SPIN), a technology-driven,
medical service, device and healthcare solution company servicing
the multi-billion dollar spine injury sector, through its
Chairman/CEO, Dr. William Donovan today announced the official
launch of a second revenue source through "outside" commercial
sales of its internally developed Quad Video Halo™ System (QVH).
The QVH was originally developed specifically for internal use by
affiliate centers as a value added feature to enhance transparency
in case development. However, due in part to early interest with
the legal community, the company has recently been solicited by
third party medical device rep companies interested in promoting
the QVH to outside medical facilities nationwide. On September 19,
the company engaged Joe Foley to initiate an outside sales
campaign. Mr. Foley is the Managing Partner of Leading Edge
Medical Partners and a marketing expert with a 40 year background
in both radiology and marketing.
The Quad Video Halo
The Quad Video HALO System™ V.3.0, is a patent pending
technology that features a fully branded, streamlined design that
simultaneously offers electronic integration and improved
adaptability across both old and new fluoroscopic guidance systems
(radiology units used by specialists during procedures). The HALO
3.0 is an aftermarket system of both hardware and software along
with a device that securely clamps to these radiological systems.
In addition to the mounting device, the system is made up of
three high resolution cameras and software integration with
the fluoroscopic real-time x-ray feed from the fluoroscope to
capture close up views of procedures/surgeries just above the
sterile environment. As the medical procedure is being delivered,
the software compiles the three cameras and fluoroscopic output
into a single four view evidentiary ready, tamper proof DVD.
http://www.youtube.com/watch?v=YS0VZq0et1E
Background of the QVH
The company purchased the original beta version of the QVH from
one of its affiliates who developed the system as a value added
feature to attract more patients to its affiliated centers.
The advantages were quickly recognized by the company as worthy of
inclusion in all of its affiliated centers. The primary
advantages being: 1) patients receiving injections inherently feel
more comfortable knowing their procedure is being videotaped; 2)
doctors are more apt to refer patients knowing they will have the
tamper-proof video of the procedure to provide transparency with
the surgical procedures; 3) case settlements should accelerate as
defendants' liability insurer would likely be more inclined to
settle a case sooner, knowing there is a video of the procedure
which could be viewed by a jury should a case go to trial.
As principle marketer and distributor, Joe Foley will represent
the product to the medical community both directly and through
various medical specialty expos. Mr. Foley commented, "Based
upon my 40+ years of experience in medical imaging, I immediately
recognized that the QVH HALO 3.0, is a game changer in that it
offers a new level of transparency in documenting patient care. The
applications for this technology are diverse, including: as a
training tool in teaching hospitals; offering quality control in
high risk medical and surgical procedures; as well as delivering
transparency to the pain management industry. I'm excited to
formally launch the QVH HALO 3.0 technology at the upcoming
Radiological Society of North America (RSNA) conference Dec.
1st-6th in Chicago."
Dr. Donovan added, "We first met Joe in early August when he
came to us after having read about our QVH. Having already recently
discussed QVH with reps from larger companies, I was amazed at how
well he already understood the market that we
envisioned. Since that time, he has developed a very
impressive marketing plan which sealed our decision in going with
him." Dr. Donovan went on to say, "While we have been very
successful in using the QVH in all our affiliate centers, we
believe Joe's confidence in the effectiveness of the QVH System is
due in part to our very successful pairing of the QVH with our
Continued Legal Education (CLE) programs in the launch our newest
affiliated center in San Antonio Texas earlier this year. Due to
this affiliate's use of the QVH since day one, we have been able to
get a pure view of its effectiveness."
About Spine Pain Management, Inc:
We are a medical services and technology company facilitating
diagnostic services by affiliated doctors 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 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.
CONTACT: Dr. William F. Donovan
Chairman, President & CEO
Spine Pain Management, Inc.
713 521-4220
investorinfo@SpinePainInc.com
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