The steady growth of the medical industry is creating ripples, contributing to the sustained growth and profitability that healthcare companies like MIT Holding (OTC: MITD) are experiencing. Following the initiation of reorganization with several strategic initiatives in 2014, MIT Holding has established profitability and is set to achieve positive net profits for this year. The evidenced profitability substantiates the company’s business model, as well as its approach to the developing Affordable Health Care Act (a.k.a. Obamacare) and its resulting impact on the health services industry.
MIT Holding has worked at implementing its first-in-the-industry concept of bringing together, under one umbrella, all of the services and products needed for a patient’s post-medical event recovery. Through agents, facilitators and contractual obligations, the company has ensured that it can provide expert outpatient medical care via ambulatory infusion therapies, home infusion services and medical equipment delivery.
This umbrella of services will allow MIT Holding to make an acquisition of a local pharmacy, clinic, lab or other targeted medical facility, with “overnight” incentives to the owners. For example with MIT Holdings direct billing ability to over a hundred insurance carriers, an acquisition can immediately begin offering additional products and services they had neglected in the past do to inability to bill and receive payment for those services. MIT Holding will free up owners and personal from hours of weekly billing hassles, so they can dedicate 100% of their efforts to core growth.
One of the reasons for the current corporate structure of MIT Holding was to take the burden of administration off of the local facility. This gives the employees the ability to offer superior care and attention to the patient, which in turn echoes up the “referral food chain” families, doctors and hospitals, who in turn refer additional patients to the MIT Holding system.
The patient’s prescriptions, doctors, hospitals and medical needs will constantly change throughout their lives. MIT Holding will always be there. The patient has one constant they can count on through simple and difficult medical events, MIT Holding.
To support its core services, MIT Holding also:
– offers professional accounting, advisory, legal and educational services to physicians, medical centers, hospitals and small and large businesses regarding the Affordable Care Act (a.k.a. Obamacare) and Meaningful Use Rules (MUR);
– provides travel and transportation services to medically-challenged patients with medical needs or in need of personal travel; and
– conducts and administers FDA clinical trials that have been approved through its contracts.
Operationally, MIT Holding meets and or, exceeds major U.S. health insurance requirements so it is able to bill and receive payments directly from the carriers, on behalf of patients. This capability is particularly significant to the company’s mission of developing a profitable first-of-its-kind seamless transition for patients, from their hospital bed discharge to their complete home recovery.
For more information, visit http://mitholdinginc.com/
Let us hear your thoughts: MIT Holding, Inc. Message Board
