Shares of Medical Innovation Holdings (OTC: MIHI) are up 9% after the company, along with Advanced Medical Pricing Solutions (“AMPS”), this morning said the companies have signed a Memo of Understanding (“MOU”). The MOU outlines the role each company will play in specific initiatives that permit both companies access and acceleration to markets. AMPS will deliver healthcare cost containment solutions and services for the rollout of the MIHI HealthCare Sharing Organization (“HCSO”), a member-based coverage model. MIHI intends to market its HealthCare Sharing Organization to the 58 million Hispanics in the US and plans to utilize the health care navigator services from AMPS. “Utilizing a private coverage platform along with a private build out of a national care model places us in a very competitive position. AMPS is a cost containment solution that if utilized properly we can achieve substantial savings and provide more benefits to our members. Because of AMPS’ solutions we can get there faster, easier, better, and less expensive than if we opted to go it alone,” Medical Innovation Holdings CEO Jake Sanchez stated in the news release.
To view the full press release, visit http://ibn.fm/PEBuK
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About Medical Innovation Holdings, Inc.
MIHI, a Colorado-based publicly traded company, owns and operates strategically aligned health care service companies focused on the delivery of clinical virtual medicine (health) as a way of bringing quality medical care to all areas of need including rural and underdeveloped areas across the country. Through wholly owned subsidiary 3Point Care, MIHI pairs personalized, high-tech, high-touch, telemedicine encounters via virtual health specialty doctors with traditional primary doctors utilizing next-gen virtual health technologies in order to connect a patient with a multi-disciplinary specialty clinical health care practice. Through other companies and relationships, MIHI offers Affordable Care Organization (ACO) support, wellness and prevention, lab analysis and lab services, and remote diagnostic monitoring. For more information, visit the company’s website at www.MedicalInnovationHoldings.com.
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