Integrated Pain Solutions, a PainCare Holdings Subsidiary, To Collaborate With Mines & Associates
ORLANDO, Fla., April 5 /PRNewswire-FirstCall/ — Integrated Pain Solutions, LLC (IPS), a wholly-owned subsidiary of PainCare Holdings, Inc. , today announced that it has signed with MINES & Associates, PC, to serve as IPS’ exclusive provider of private-labeled utilization management, case management, care coaching and data collection services in support of IPS’ newly developed pain-focused Managed Services Organization.
Established in 1981, MINES & Associates (http://www.minesandassociates.com/) is a noted industry leader in the delivery of services to corporate employers, including Employee Assistance Programs (EAP), managed care, managed mental healthcare, organizational development and psychology services, wellness programs, behavioral risk management, disease management, PPO services and a number of other technology-oriented services. The Company currently serves a diverse portfolio of clients in all 50 states, Canada, Mexico, and the United Kingdom.
Maria McAfee, President of IPS, noted, “Rather than reinventing the wheel, we decided to partner with experienced support providers to establish the framework for our new pain-focused Managed Services Organization. Our selection process mandated proven and technologically advanced resources; a track record of success serving payors, patients and providers; and an appreciation for valued-based patient attention that addresses the full cycle of care. Without question, MINES is the ideal choice to partner with IPS on this important new venture, and represents a critical step forward in the implementation of our business plan.”
In accordance with the Services Agreement, IPS has partnered with MINES on the design of the first comprehensive case management and care coaching program in pain. To ensure a continuum of care, the program will provide for follow-up with providers and patients on treatment progress; as well as monitoring the quality of care provided and the length of treatment a patient undergoes, including hospitalization, alternative care and outpatient treatment. In addition, MINES will provide a 24-hour manned toll-free information line with triage services; clinical review; and facilitation of the appropriate level of care utilizing IPS-prescribed clinical pathways and patients’ participation in aftercare. Further, the program will utilize comprehensive case management services to aid in the management of healthcare costs.
According to Robert A. Mines, Ph.D., founder and CEO of MINES & Associates, “We couldn’t be more pleased to have been selected by IPS to collaborate on this important new initiative. Over the past 26 years, we have worked hard to win national distinction for best practices in developing and administering a wide range of cost-savings behavioral health-related utilization and case management programs. Applying these same practices to the discipline of pain is a logical extension of our platform capabilities and represents a significant opportunity for us to aid IPS in advancing the quality of care for those patients seeking relief from chronic or severe pain.”
About Integrated Pain Solutions (IPS)
Integrated Pain Solutions (IPS) is the first and only managed services organization offering a multidisciplinary healthcare network focused on pain management to payor organizations, such as insurance and workers’ compensation carriers and unions. IPS reduces costs and increases quality of life by providing highly credentialed physicians and centers of excellence on pay-for- performance incentives, a continuum of care that begins with care coaching, a shared financial and clinical data warehouse, and evidence-based clinical outcome measurements to determine the most effective pain-management plan.
About PainCare Holdings, Inc.
Headquartered in Orlando, Florida, PainCare Holdings, Inc. is one of the nation’s leading providers of pain-focused medical and surgical solutions and services. Through its proprietary network of acquired or managed physician practices and ambulatory surgery centers, and in partnership with independent physician practices and medical institutions throughout the United States and Canada, PainCare is committed to utilizing the most advanced science and technologies to diagnose and treat pain stemming from neurological and musculoskeletal conditions and disorders.
Through its wholly owned subsidiary, Caperian, Inc., PainCare offers medical real estate and development services. Through Integrated Pain Solutions, the Company is engaged in pioneering the nation’s first Managed Services Organization that offers a multi-disciplinary healthcare network focused on the treatment of pain. For more information on PainCare Holdings, please visit http://www.paincareholdings.com/.
This press release contains forward-looking statements that may be subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and are made based on management’s current expectations or beliefs as well as assumptions made by, and information currently available to, management. These forward-looking statements, which may include statements regarding our future financial performance or results of operations, including expected revenue growth, cash flow growth, future expenses, future operating margins and other future or expected performance, are subject to the following risks: the acquisition of businesses or the launch of new lines of business, which could increase operating expenses and dilute operating margins; the inability to attract new patients by our owned practices, the managed practices and the limited management practice; increased competition, which could lead to negative pressure on our pricing and the need for increased marketing; the inability to maintain, establish or renew relationships with physician practices, whether due to competition or other factors; the inability to comply with regulatory requirements governing our owned practices, the managed practices and the limited management practices; that projected operating efficiencies will not be achieved due to implementation difficulties or contractual spending commitments that cannot be reduced; and to the general risks associated with our businesses.
In addition to the risks and uncertainties discussed above you can find additional information concerning risks and uncertainties that would cause actual results to differ materially from those projected or suggested in the forward-looking statements in the reports that we have filed with the Securities and Exchange Commission. The forward-looking statements contained in this press release represent our judgment as of the date of this release and you should not unduly rely on such statements. Unless otherwise required by law, we undertake no obligation to publicly update or revise any forward- looking statements, whether as a result of new information, future events or otherwise after the date of this press release. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in the filing may not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
FOR MORE INFORMATION, PLEASE CONTACT: Media Relations Suzanne Beranek, APR, Beranek Communications, LLC at 407-475-0763 or via email at suzanne@beranekcommunications.com Investor/Shareholder Relations Dodi Handy, Elite Financial Communications Group, LLC at 407-585-1080 or via email at prz@efcg.net
PainCare Holdings, Inc.
CONTACT: Media Relations, Suzanne Beranek, APR of BeranekCommunications, LLC, +1-407-475-0763, suzanne@beranekcommunications.com; orInvestor-Shareholder Relations, Dodi Handy of Elite Financial CommunicationsGroup, LLC, +1-407-585-1080, prz@efcg.net
Web site: http://www.paincareholdings.com/http://www.minesandassociates.com/