HOUSTON, Sept. 8, 2005 (PRIMEZONE) -- Complete Care Medical, Inc., (Pink Sheets:CCMI), today announced that its wholly owned subsidiary, Diabetes Gold, Inc. is launching a new sales program expected to dominate the uninsured diabetic market.
The uninsured diabetes population is a large and underserved market segment. Latest data from the U.S. Census Bureau indicates that there are nearly 46 million persons in the United States with no health insurance. With the prevalence of diabetes in this age group (0 to 64 years of age) at 5%, there are 2,300,000 uninsured diabetes patients and, there is no organized effort to serve this market.
The new Diabetes Gold message will be "Diabetes Control for $1.00 a Day." Under this program, Diabetes Gold will provide diabetes patients with all of their testing supplies and generic oral medication for a daily cost, including shipping, of $1.00 a day. This contrasts with the cost from major mail order pharmacies of about $2.50 per day. Both figures are based on shipping a 90 day supply, the standard for the industry.
"This initiative will give us a huge advantage in consolidating a highly fragmented market with an annual sales potential of more than $900 million," said J.P. Monteverde, CEO of CCMI. And, since the average diabetes patient takes five prescription medicines, it represents a great opportunity for our mail order pharmacy, CarePharm, as well."
Through its subsidiaries, Complete Care Medical, Inc., provides patients in all 50 states with lower cost alternatives for disease management, medical supplies and prescription pharmaceuticals. In addition, Complete Care Medical's discount services and medication program offers healthcare payers, healthcare providers, healthcare professionals and patients with easy access to utilization and compliance data in order to improve patient outcomes and improve quality of life.
For more information: www.ccmedicalinc.com
Forward-Looking Statements
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