RPHL is coming out with great news almost weekly.
Rockport Healthcare Group, Inc.
Symbol, OTC: RPHL
rockporthealthcare.com
stocks-investments.com
NEWS GALORE! So, so many great things are happening with RPHL right
now!.
First and foremost! Rockport is in current negotiations with 10 new
potential clients with paid medical bills of in excess of $120,000,000.
These negotiations alone could generate revenue in excess of $2 million
dollars for the company.
Secondly, RPHL Acquires Elite Data Systems. This acquisition is a key
acquisition which will allow RPHL to become extremely efficient entering
claims and data. So much of the overhead in this industry is having to
pay employees to enter the data. Elite will keep the costs to a
minimum.
biz.yahoo.com
Thirdly, RPHL is being profiled in Microcap1000.com Microcap1000.com
receives in excess of
1 million hits a month.
microcap1000.com
microcap1000.com
microcap1000.com
Fourth, RPHL will be having a executive conference call on Thursday,
August 19, 1999 @ 4:15 pm eastern time . The conference call will be
broadcasted live on vcall.com. Please go to the site
early to register and download any software you need.
vcall.com
Friday August 13, 10:47 am Eastern Time
Company Press Release
SOURCE: Rockport Healthcare Group, Inc.
Rockport Healthcare Group, Inc. to Acquire Elite Data Systems
(www.microcap1000.com/ceo/rphl-pro.html)
HOUSTON, Aug. 13 /PRNewswire/ -- Rockport Healthcare Group, Inc., (OTC
Bulletin Board: RPHL - news; a fully reporting company) an integrated
healthcare service company, announced today that it has entered into an
agreement to acquire Elite Data Services, Inc. of Dallas, Texas. Elite
is a data processing company that utilizes state of the art scanning and
OCR capabilities to enter data into its proprietary claims re-pricing
software system.
Harry Neer, Rockport CEO stated: ``The Elite acquisition will generate
significant additional revenues for Rockport Healthcare Group, by
enabling Rockport to grow faster and more efficiently during the coming
months and into the future. Elite will enable Rockport Healthcare Group,
Inc. to dramatically increase its client base during the remainder of
this year and minimize the need for additional data entry and re-pricing
personnel.'
Rockport has experienced dramatic growth during the past six months.
RPHL operates provider networks in eight states with its clients base
spending over $61,500,000 in medical bills during the past year and
covering over 278,500 employees. Rockport is in current negotiations
with 10 new potential clients with paid medical bills of in excess of
$120,000,000.
Elite's data processing system is a proprietary system developed over
the past seven years. The system keeps track of closed claims insuring
that all bills are tracked for payment. It also handles duplicates
bills. If the system finds a duplicate bill, processed or unprocessed it
can be sent to the client for proper handling. Further, the system also
tracks injury-related information to insure that all bills are related
to a particular claim. Elite's re-pricing system also handles multiple
states per client because the jurisdictions or states are set up on the
claim level, thus the system will pay in accordance to that jurisdiction
as opposed to where the provider is located or where the client is
located.
The Rockport Healthcare Group, Inc. family of companies includes
Rockport Community Network, Inc., a managed care organization; Rockport
Occupational Network, Inc., an Exclusive Provider Worker's Compensation
Network; Rockport Preferred, Inc., Medical Access Savings Card Programs;
Newton Healthcare Network, LLC, a Preferred Provider Organization for
individual and group health; and Rockport Group of Texas, Inc., a
healthcare administrative company.
This press release contains forward-looking information. The forward-
looking statements are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to be materially different
from any future results, performance or achievements expressed or
implied by such forward looking statements.
Additional risks and uncertainties are described in the Company's public
filings with the Securities and Exchange Commission.
www.rockporthealthcare.com
www.stockprofiles.com/rphl
FOR MORE INFORMATION PLEASE CONTACT: Larry Hinson
Rockport Healthcare Group,
Inc.
Investor Relations
713-621-9424
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