Inpatient Clinical Solutions, Inc. Announces Closing of Sale of Assets and Declares Distribution of $0.028 Per Share
CORAL SPRINGS, Fla., March 19, 2012 /PRNewswire/ — Inpatient Clinical Solutions, Inc. (OTC Pink: INPT) announced today that effective today it has closed the previously announced sale of substantially all of its assets. As was also previously announced by the company, because the closing occurred by March 19, 2012, shareholders of record as of today’s date will receive a distribution of $0.028 for each share of INPT common stock which they held at the close of the market today. This distribution will be made by the company on April 3, 2012.
Going forward, the company’s operations will be in the post-acute and intensivist sectors. Intensivists, for the purposes of the company’s business, are critical care physicians who only practice in critical care units and attend to those patients in the units. The company currently has a contract for an intensivist program with Bethesda Memorial Hospital in Boynton Beach, FL which started in January, 2012.
SOURCE Inpatient Clinical Solutions, Inc.