MIAMI, June 14, 2012 (GLOBE NEWSWIRE) -- Internal Fixation Systems (OTCQB:IFIX) today announced that it has launched its GoDirect sales program with facilities in Florida and Indiana. According to Stephen Dresnick, MD, President and CEO, "the Company expects its GoDirect program to address the growing trend of facilities no longer requiring a rep in the OR during surgery." Under the GoDirect program, the facility maintains the surgical trays and gains the benefit of lower implant costs. Orders are faxed or emailed directly to the IFS office and replenishment inventory is sent out the same day. Facilities can also order additional stock to be stored at the facility to reduce the need to order after each case.
"Any facility that has high volume will benefit significantly with this program," said Dr. Dresnick. "These initial two facilities are anticipated to add between $5-10,000 of monthly revenue for each set in the program. Our margins on this business will be 5-10% higher than on business where a rep is involved. Adding business like this will help us continue the growth rate we experienced last quarter 20%."
About IFS: Internal Fixation Systems, Inc is a manufacturer and marketer of high quality, responsibly priced orthopedic, spinal and podiatric implants. We seek to prove that superior products and lower costs can go hand in hand. IFS focuses on widely used, market proven products used to treat common fractures. Our Advisory Panel, consisting of nationally recognized surgeons, provides input on how to improve our implant designs. The resulting products incorporate doctor requested enhancements and are priced at 40-60% less than the competition. IFS customers include ambulatory surgery centers, hospitals and orthopedic surgeons. Please contact us for more information about our product and business model.
Make sure you are first to receive timely information on Internal Fixation Systems when it hits the newswire. For more information on Internal Fixation Systems, please visit them at www.ifsusa.net.