For the second quarter of 2014, the company reported revenue of
"While it was disappointing to lose the account, we remain optimistic and upbeat about opportunities in the staffing area. We recorded new revenues in the Staffing Division in July and we are working to close additional new business there, which we intend to report in our third quarter results.
"We regard our Staffing segment as an important building block to our strategy for growth. The global telemedicine market grew from
"Partially fueling this is more states are enacting laws allowing insurance reimbursement for various forms of telehealth. This reflects the increasing emphasis placed on reducing costs in an increasingly uncertain time in American healthcare and the important role that telemedicine is already playing.
"Another contributing factor is the projected shortage of doctors in the U.S. in the coming years. An estimate by the
"Net Medical's Staffing division has recruited a sizable pool of physicians over the past two years. We have the qualifications and expertise to leverage this expertise. The market need is clearly there but our effort requires competent staffers recruiting on a full time basis. Building out this infrastructure is a serious investment for us, but I am confident it will pay off for this division and for Net Medical," Govatski said.
Net Medical Xpress is a multi-faceted,
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For investor-related questions contact
Frank Hawkins Hawk Associates305-451-1888 Dick Govatski505-255-1999 firstname.lastname@example.org