Patient Access Solutions Inc. New Symbol Issued
Posted on: Thursday, 5 June 2008, 09:01 CDT
Patient Access Solutions Inc. (OTCBB: PASO), a leading provider of healthcare/financial processing solutions for the healthcare, homecare and dental industries , announced today that their symbol has changed to PASO, to reflect our name change from Blue Mountain Resources, Inc. to Patient Access Solutions Inc. and to reflect our forward stock split of 7.25-1, payable upon surrender of our shareholders stock certificates. Our stock will continue to trade on the Over The Counter Bulletin Board (OTC BB) quotation medium.
Patient Access Solutions has been experiencing significant growth since it's inception in 2006. Bruce Weitzberg, President and CEO of Patient Access Solutions, commented, "Patient Access Solutions is at an appropriate step at this point in time, given the company's growth curve and success to date. Since our inception in 2006, PASHealth has evolved from a single solution operation in Long Island, New York, to an organization offering a multitude of business and transaction solution processes for healthcare and dental providers, institutions, nursing facilities and home health care agencies. We chose to go public at this time to allow investor participation and more efficient access to financing sources as we seek appropriate sources of capital to fuel our growth."
About Patient Access Solutions Inc.(www.pashealth.com)
Patient Access Solutions Inc. (PASHealth) is a Healthcare Solutions company which has created a formidable array of technology, resources and allies to enable it to become an agent of radical change in what has traditionally been a slowly evolving healthcare environment.
The PASHealth Web Portal System and terminal based solutions offer electronic medical eligibility, electronic referrals, and service authorizations, electronic claims processing, drug formularies, electronic prescriptions, electronic medical records and patient data, automating the labor intensive and expensive manual process currently used by many facilities and healthcare providers. Our D-PAS product utilizes digital pen & paper technology, to capture handwritten information from the doctor or office personnel, transfer it into a digital form into the PAS web portal and utilize the data to initiate workflows in a secure environment. A patient's medical history and patient records are used to initiate necessary workflows within the web portal, securely and much more efficiently, empowering the healthcare business process. In addition, the Web Portal System offers a complete suite of self pay receivable management solutions for the healthcare facilities.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, the following: general economic and business conditions; competition; unexpected changes in technologies and technological advances; ability to commercialize and manufacture products; results of experimental studies; research and development activities; changes in, or failure to comply with, governmental regulations; and the ability to obtain adequate financing in the future. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of Patient Access Solutions Inc. Securities and Exchange Commission filings available at http://www.sec.gov.
Contact: Patient Access Solutions, Inc. 631-233-3707
SOURCE: Patient Access Solutions Inc.
Source: MARKET WIRE
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