Millennium HealthCare Inc. Completes Acquisition of Premier Technology Resources, LLC

SYOSSET, N.Y., Nov. 10, 2011 /PRNewswire/ -- Millennium HealthCare Inc. (OTC Pink: MHCC) completed its acquisition of Premier Technology Resources, LLC, a New York based company specializing in medical billing, collection and software consulting and implementation services to the healthcare community.

Chris Amandola, President of Millennium HealthCare stated, "This acquisition will bring a wealth of industry knowledge and infrastructure to us, as well as an attractive, firmly established client list.   Premier Technology's management team has extensive experience in healthcare management consulting and practice management. This transaction will significantly enhance our product offerings to new perspective clients."  

About Premier Technology Resources, LLC

Premier Technology Resources, LLC provides innovative medical billing and technology solutions to maximize revenue and reduce overhead expenses.  We combine our industry experience and expertise with advanced web based medical billing software in order to provide optimal solutions that meet and exceed our clients' expectations.  Our highly trained staff, use of leading technology, and proven processes ensures that we provide efficient services to further enhance patient and physician satisfaction.

About Millennium HealthCare Inc.

Millennium HealthCare Inc. provides 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 Coding & Billing Inc. offers all aspects of 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 and emergency dispatch 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.

(www.millenniumhcs.com)

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995    

Certain written and oral statements made by us may constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the "Reform Act"). Forward-looking statements are identified by such words and phrases as "we expect," "expected to," "estimates," "estimated," "current outlook," "we look forward to," "would equate to," "projects," "projections," "projected to be," "anticipates," "anticipated," "we believe," "could be," and other similar phrases. All statements addressing operating performance, events, or developments that we expect or anticipate will occur in the future, including statements relating to revenue growth, earnings, earnings-per-share growth, or similar projections, are forward-looking statements within the meaning of the Reform Act. Because they are forward-looking, they should be evaluated in light of important risk factors that could cause our actual results to differ materially from our anticipated results. The information provided in this document is based upon the facts and circumstances known at this time. We undertake no obligation to update these forward-looking statements after the date of this release.

SOURCE Millennium HealthCare Inc.



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