LOS ANGELES, Sept. 30, 2003 (PRIMEZONE) -- PracticeXpert, Inc. (OTCBB:PXPT) today announced that it has signed TSM Associates as its first regional Account Manager.
TSM Associates, a specialty medical products and services marketing and consulting firm located in Fair Oaks, California, has signed to represent PracticeXpert's full line of medical practice management products and services, including the flagship PXpert(tm) Hand-Held Patient Encounter and Medical Billing System. TSM will be concentrating its sales and marketing efforts to physicians and physician practices in Northern California and Seattle, Washington.
TSM Associates was founded in 1989 by Mr. Tom Minero and has a represented numerous medical products and services such as the T-wave Alternans cardiac diagnostic system for non-invasive detection of persons at risk of ventricular arrythmias and sudden cardiac death, and the Therapeutic Apheresis (RheoTherapy) treatment for "dry" Age-Related Macular Degeneration. Mr. Minero has an extensive background in the healthcare field including experience in marketing such products as physiologic multi-channel recording systems, computerized cardiac and pulmonary testing systems, internal surgical stapling devices, general medical/surgical supplies and instruments and healthcare financial management software. Mr. Minero has served in both the U.S. Army and U.S. Air Force reserves.
Commenting on the news, Mr. Minero, president of TSM Associates, stated, "Having dealt with physicians for virtually all of my career, I understand their frustrations when it comes to processing claims for payment. It is my feeling they should get paid accurately for the services they perform. At present, this is not always the case. My career has involved marketing and selling products that have helped physicians run their practices more efficiently and have helped doctors improve patient care. I believe if we can get these physicians paid more accurately, and on a more timely basis, we will be allowing them to concentrate on taking care of patients, not chasing after insurance companies for their money."
Mr. Larry Goldsmith, national sales manager of PracticeXpert, said, "Tom has tremendous experience in working with physicians. With his experience in the healthcare field, we are confident he will assist us in securing new business from physicians who are more interested in providing healthcare, than in running billing operations. Tom and his organization is our first of many new independent account management teams. We are currently working with potential sales reps in Southern California, Nevada, and Texas, and expect to sign a number of new reps in these and other territories before years end."
About PracticeXpert, Inc.
PracticeXpert, Inc., a healthcare technology and services company, is in the business of developing and deploying systems, technologies and services designed to improve operational efficiencies, reduce billing errors and enhance cash flow for medical practitioners. Its services revolve around its flagship patent-pending hand-held patient encounter system, PXpert(tm), and include medical billing, collections, transcription, clinical trial accruals, contracting and practice management. For additional information visit www.pxservices.com.
Note: Any statements released by PracticeXpert, Inc. that are forward- looking, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act. Editors and investors are cautioned that forward-looking statements invoke risk and uncertainties that may affect the Company's business prospects and performances. These include economic, competitive, governmental, technological and other factors discussed in the statements and in the Company's filings with the Securities and Exchange Commission.