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Prime Health Services, Physician Finance Group, Announce Strategic Agreement

Posted on: Thursday, 12 April 2007, 15:00 CDT

Prime Health Services (Prime Health), a National Preferred Provider Organization (PPO), and Physician Finance Group (PFG), a physician practice financing solution company, announced today a strategic agreement. The relationship between PFG and Prime Health will offer a powerful financing and loan delivery software solution to medical practices across the country. The combination of Prime Health's strong national provider network and the PFG financing and software solution that transforms a physician's billings into immediately available cash flow will be a significant win for all providers desiring to infuse cash to capitalize and grow their medical practices.

"We are excited about matching Prime Health's Group Health national coverage with PFG's funding and software solutions, which will bring our providers an instant cash infusion to their practice of medicine," said Brian A. Sharp, CEO/President, Prime Health. "Both Physician Finance Group and Prime Health are driven to maintain a high level of client satisfaction as we present these loan and software solutions to our broad network of providers that will expand and enhance every practicing physician's ability to deliver great medical treatment and quality of care."

"Physician Finance Group and Prime Health are united in our goal to help medical practices thrive and grow by offering a new source of capital, providing a unique web-based delivery and management system, and integrating this into the existing processes of the practice. This financing product, in addition to our ability to offer equipment financing, will allow physicians to enhance their level of care," said Tom Matthesen, Chief Executive Officer of PFG. "We are thrilled to have the opportunity to extend our funding and management solutions to Prime Health's strong national network of physicians."

About Prime Health

Founded in 1996 and based in Brentwood, TN, Prime Health Services (Prime Health) is a Preferred Provider Organization (PPO) ready for access with customizable solutions, as well as repricing offerings. Prime Health's PPOs include Workers' Compensation, Group Health, and Auto Liability networks. Prime Health has over 500,000 providers and facilities nationwide forming the Prime Health National Delivery System. Prime Health offers our National Delivery System to the TPA, insurance carrier, and self-insured markets. More Information is available at www.primehealthservices.com or by calling 1-866-348-3887.

About Physician Finance Group

Physician Finance Group (PFG) is a division of Wall Financial Services, LLC, headquartered in Atlanta, GA. PFG is a specialty finance company focusing on providing funding to physicians and related healthcare practices. PFG delivers unique, integrated and automated funding solutions to healthcare providers nationwide. Visit www.physicianfinancegroup.com for more information, or call 1-866-752-9818.

Source: Business Wire

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