STUART, FL -- (Marketwire) -- 11/30/12 -- Connectyx Technologies Holdings Group, Inc. (PINKSHEETS: CTYX), www.connectyx.com, a Healthcare BPO that provides unique products for the healthcare market including MedFlash®, the electronic Personal Health Manager (ePHM), Medical Transcription, Disease Management, Revenue Cycle Management, and Medical Consulting -- Billing and GuardianOne in the Personal Emergency Response Systems/Services (PERS) market, announced today the company has become a marketing partner with ProMAC, LLC.
ProMAC is the leading alternative financing source for the healthcare industry in the United States, combining cutting edge technology and premium customer service, to offer innovative new financial solutions as a fast and flexible alternative to bank loans and factoring services.
ProMAC's Medical Electronic Payment Financing (MEPF) product provides opportunity capital primarily to the health care sector as well as business service companies.
Connectyx will be working with ProMAC to offer Medical Electronic Payment Financing through their Healthcare BPO. This financing program is not a loan -- it's an upfront cash payment based on the gross receipts of a physician's practice that can be collected through electronic payments such as credit cards, insurance reimbursements, care credit proceeds and billing company payments.
The amount of money a healthcare organization qualifies for is based primarily on the historical monthly gross revenues and, secondly, the average monthly electronic payment volume including insurance payments.
Connectyx Technologies, through its MedFlash® health and wellness program, has added a new program to meet the needs of families and has introduced a Family Plan which offers a 24 month MedFlash Portal subscription program for $119.95, a 50% discount from the normal rate of $240, for up to six family members.
Connectyx Technologies Management also has been active with additional corporate developments in diversifying the company's business plan to include multiple sources of income versus the previous reliance on one product/service the MedFlash Personal Health and Wellness Program. Connectyx signed a contract with Call Center Team, whom has been instrumental in delivering numerous programs that have already started to generate revenues. Management believes that the target goal of $3M in annual revenues will be achieved by the end of 2013. The company has entered into a number of Business Process Outsourcing contracts that have started which indicate that CTYX is on track to achieve the projected monthly revenues of $65,000 by Q2 of 2013, (www.connectyx.com/hcbpo.aspx). Connectyx Technologies recently acquired USA Medical Monitoring Services, LLC, a profitable company with a Personal Emergency Response System which offers consumers the ability to summon help 24/7 either from an emergency response professional or friend/family member, or both. Connectyx has changed the company name to "Medical Alert US" and the product's brand name to "GuardianOne." Medical Alert US has launched a test direct mail campaign for GuardianOne, with ValPak® that will be part of their December mailing in a target region of Florida.
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