TAMPA, Fla., Feb. 22, 2016 /PRNewswire/ -- Advanzeon Solutions, Inc.'s (OTCBB: CHCR), ("Advanzeon") wholly-owned subsidiary, Pharmacy Value Management Solutions, Inc. ("PVMS" and/or, sometimes, referred to as the "Company"), announced today that it has retained the services of Stephen M. Kreitzer, M.D., to head up PVMS' SleepMaster Solutions™ (SMS) program, effective immediately, as its Chief Medical Director. As part of Dr. Kreitzer's services, he will periodically review home sleep tests and treatment results of participants in the SMS program. Additionally, he will oversee all PVMS billing for its services and permit PVMS to utilize his national provider identifier number in connection with all such billing.
Dr. Kreitzer, who is a graduate of the Albert Einstein College of Medicine of the Yeshiva University, completed his fellowship training at the Harvard Medical School. He is Board Certified in Internal Medicine, Pulmonary Medicine and Sleep Medicine and has been in practice for over 30 years in Tampa, Florida. Dr. Kreitzer currently serves as the Medical Director of the Sleep Laboratory at Memorial Hospital of Tampa, as well as the Chief of Pulmonary Medicine. He has previously been Chief of Pulmonary Medicine at St. Joseph's Hospital in Tampa. He chairs the Medical Ethics Committee at Memorial Hospital and previously served on the Board of Censors of the Hillsborough County Medical Association. He also served as a Major in the United States Air Force and has conducted over 100 clinical FDA approved trials besides authoring numerous articles in his field. Dr. Kreitzer was recently voted "Top Doctor" by his peers in both sleep medicine and pulmonary medicine in the Tampa-St. Petersburg-Clearwater Florida area.
Mark Heidt, the Company's President, stated, "We are absolutely thrilled to have Dr. Kreitzer join our team. In addition to being a world class expert in pulmonary medicine/sleep disorders, Dr. Kreitzer brings to the Company an immense benefit in a business sense, completing the Company's vertical design business plan. With the addition of Dr. Kreitzer, the Company now has in place a national network of clinics and sleep apnea specialists; contracts with labor, clinics and physicians to provide the Company with prescriptions for home sleep tests and, where indicated, treatment; contracts with distribution channels for purposes of supplying both home sleep tests and treatment equipment; and now, for the first time, the ability to bill for our SleepMaster Solutions™ program on a direct billing basis to the payor. Until now, we did not have that billing ability and were dependent upon others for that part of the program. Dr. Kreitzer joining the Company, in our view, places the Company in a position to direct bill, collect for our services and, in short, be in control of our own destiny. We also anticipate attracting a substantial number of new customers for our services as a direct result of Dr. Kreitzer serving as our Chief Medical Director."
Dr. Kreitzer commented, "I have met with management and find myself to be in lock step with them, not only in terms of business philosophies, but, just as importantly, in the intensity of their design to "do good." As Chief Medical Director of the SleepMaster Solutions™ program, I find myself in a position to not just treat and help patients, one at a time, but to positively impact the lives of thousands of sleep apnea sufferers all over the country. It is estimated that 80% of those suffering from a sleep disorder go undiagnosed. Many of those individuals adversely affect the lives of other in innumerable ways, including accidents on our highways, railways and, in all probability, airways. The co-morbidity associated with undiagnosed sleep disorders includes coronary heart disease, strokes, atrial fibrillation, memory and neuropsychiatric disorders, as well as sudden death. I am delighted to join the PVMS team as I know they share my view and intent to positively impact upon as many individuals as possible to curb what has now become a global epidemic – sleep disorders."
About Advanzeon Solutions, Inc.
Established in 1969, Advanzeon, directly and through its subsidiaries, provides behavioral health, substance abuse and pharmacy management services, as well as sleep apnea programs, for employers, Taft-Hartley health and welfare Funds, and managed care companies throughout the United States. Headquartered in Tampa, Florida, the Company focuses on personalized attention, flexibility, a commitment to high-quality services and innovative approaches that address both the specific needs of clients and changing healthcare industry demands. For more information, please call 813-367-9080 or visit our website at www.advanzeon.com.
This press release contains forward-looking statements that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. In some cases, you may identify forward-looking statements by words such as "may," "should," "plan," "intend," "potential," "continue," "believe," "expect," "predict," "anticipate" and "estimate," the negative of these words or other comparable words. These statements are only predictions. One should not place undue reliance on these forward-looking statements. The forward-looking statements are qualified by their terms and/or important factors, many of which are outside the Company's control, involve a number of risks, uncertainties and other factors that could cause actual results and events to differ materially from the statements made. The forward-looking statements are based on the Company's beliefs, assumptions and expectations of our future performance, taking into account information currently available to the Company. These beliefs, assumptions and expectations can change as a result of many possible events or factors, not all of which are known to the Company. Neither the Company nor any other person assumes responsibility for the accuracy or completeness of these statements. The Company will update the information in this press release only to the extent required under applicable securities laws. If a change occurs, the Company's business, financial condition, liquidity and results of operations may vary materially from those expressed in the aforementioned forward-looking statements.
SOURCE Advanzeon Solutions, Inc.