SYOSSET, N.Y., Nov. 11, 2011 /PRNewswire/ -- Millennium HealthCare Inc. (OTC Pink: MHCC) announced today that its wholly owned subsidiary, Millennium Vascular Management Group has executed a management & service agreement with a physicians group for the opening of their first Vascular AMB-SURG Center in the Greater New York area. This Vascular AMB-SURG Center plans to begin operations by the end of this year.
Millennium President Chris Amandola stated, "Millennium HealthCare's core business goal is to provide the most efficient Healthcare Practice Management Solutions in the industry. We are excited to have identified an area of opportunity to manage and develop the physicians' practices in the Greater New York market that perform out-patient procedures on patients suffering from Peripheral Vascular Disorders. We see this as a great first step as we look to expand in the future. Millennium is pursuing high growth areas within the industry that offer attractive alternatives to specialized doctors within certain geographical parameters."
Mr. Amandola also added, "Our combined expertise in practice management, coding, billing and multiple levels of hospital management have positioned our company to service and support most practice management functions."
About Millennium HealthCare Inc.
Millennium HealthCare Inc. provides physician practices and healthcare facilities of all sizes with the information and tools to identify and resolve operational cost inefficiencies, practice development & management services along with cash-flow enhancement strategies through our subsidiaries listed below:
Millennium Vascular Management Group offers physician practice development and management services to AMB-SURG facilities & physician practices with a focus on vascular disorders.
Millennium Coding & Billing Inc. offers all aspects of medical billing along with medical diagnosis and procedure coding and training for ICD-10. Our Clinical Documentation Improvement Program Services include concurrent and retrospective CDI Reviews, DRG Validation Services and secure remote and on-site coding.
Millennium ProComm Solutions Inc. provides 24 hour/365 day HIPAA compliant full service call processing for physicians, hospitals, home care agencies, nursing homes and other service companies and professionals.
Millennium Medical Devices LLC researches, develops and seeks patents for innovative safety medical devices and equipment.
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SOURCE Millennium HealthCare Inc.