Spine Pain Management, Inc. Announces the Addition of Gary M. Giblen as Its Director of Strategic Development, Finance & Communications
Q3 Financial Results to Be Reported on Nov. 14, with an Interactive Shareholders Conference Call Scheduled for Nov. 15 at 4:15 EST.
Company Expects to Meet Prior Revenue Guidance on Q3 Financial Results.
HOUSTON, Nov. 2, 2011 /PRNewswire/ -- Spine Pain Management, Inc. (OTC.BB: SPIN), a rapidly growing specialty medical management and finance company addressing the multi-billion dollar personal injury case sector through its Chairman and Chief Executive Officer, William F. Donovan, M.D., is pleased to announce the addition of a high caliber Wall Street professional, Gary M. Giblen, as Director of Strategic Development, Finance & Communications.
Gary M. Giblen is a seasoned top-ranked analyst recognized for strategic thinking and discovering under-perceived investment opportunities via excellent stock-picking. His honors include All-Star picker (Wall Street Journal, Zack's); #1 in industry category (Greenwich Research); All-America Analyst and ranked #1 (Institutional Investor). Mr. Giblen's experience includes Director of Research/Managing Director/Senior Analyst positions at Brean Murray Carret and C. L. King, and Managing Director/Senior Analyst positions at Salomon Smith Barney and PaineWebber.
Prior to coming to Wall Street, he was a Strategy Consultant at a spin-off from Boston Consulting Group. There he helped conduct Board- and CEO-level strategy engagements. Mr. Giblen graduated with an MBA from Harvard Business School, a B.A. cum laude from Yale, and valedictorian from Choate Rosemary Hall. He was a top-ranked U.S. chessplayer, and candidate master, when he competed as a junior player. He lives in Darien, Connecticut with his wife and daughter.
"Gary has been a valuable strategic and practical resource to me and the companies I have been involved in for several years," stated Dr. Donovan. "His joining SPIN at this juncture underlines our commitment to expansion in our growth horizons and outreach to the investment community."
"I look forward to contributing on multiple fronts to further the success of Spine Pain Management," said Mr. Giblen.
Conference Call Details
Conference Call: An investor's conference call with management will be held on Tuesday, November 15, 2011 at 4:15 pm EST. The call will be video WebCast with a short live Power Point Presentation followed by Q & A. The call may be accessed either by phone alone, which will not allow asking questions, or by phone or VOIP with internet log-in with an on screen provided Audio Pin # which will allow verbally asking questions. Questions can also be typed into an online chat screen at any time during the presentation or Q & A period.
Access to the Call: To use the internet link, you must register prior to access. So we suggest you complete the registration and get your log-in information in advance of the start of the presentation. You can register for your log-in any time between now and the start of the presentation at 4:15 pm EST, November 15, 2011.
Click or paste the link below in your browser for web access to the presentation:
https://www3.gotomeeting.com/register/220879294
Or if the above link doesn't work, please try the following:
http://www.JoinWebinar.com Webinar ID: 220-879-294
Telephone Dial-in or VOIP with Q&A: To ask a question using your telephone, you must be online at the presentation website during the internet presentation where a unique Audio PIN # will be provided to you on screen after you log-in to the presentation area. During the presentation, all will be muted.
The Q & A will be moderated, but without an operator, and will be open to all questions after the presentation. Review this short tutorial video for pointers on how to use the Webinar Features (This is just a demo. Do not use the numbers or codes on this demo. Use what is provided above.): http://spinepaininc.com/video/webinar_tutorial.wmv
If using the telephone, but NOT also online, you will hear the presentation plus Q & A, but will be in "listen only" mode.
Conference Dial-in Number: + 1 (646) 558-2120
Participant Access Code: 124-629-291#
Conference Play Back: A video replay of the conference call presentation will be available shortly after the completion of the call at the company website:
http://www.spinepaininc.com/investor-information.php
About Spine Pain Management:
We are a medical marketing, management, billing and collection company facilitating diagnostic services for patients who have sustained spine injuries resulting from traumatic accidents. We deliver turnkey financial management solutions to spine surgeons, orthopedic surgeons and other healthcare providers that provide necessary and appropriate treatment of musculo-skeletal spine injuries resulting from automobile and work-related accidents. Our financial management services enable healthcare providers to pre-fund diagnostic testing and non-invasive and surgical care, which prevents patients from being unnecessarily delayed or inhibited from obtaining needed treatment. We believe our patient advocacy will be rewarding to patients who obtain needed relief from painful conditions, and moreover, provides spine surgeons and orthopedic surgeons a solution to offset the cost of care prior to settlement.
Through our financial management system, we purchase medical receivables from the spine surgeons, orthopedic surgeons and other healthcare providers that diagnose and treat patients with musculo-skeletal spine injuries. We have affiliations with certain centers that provide the spine diagnostic injections and treatment. These centers have a contract with us that allow them to shift to us the financial risk in collecting the accounts receivable for the medical procedures. That is, the doctors at the centers are willing to be paid by us an "up front" percentage of the gross bill shortly after completion of each procedure, providing them with immediate cash flow. On the other hand, we take the risk of a rare, but possible "no settlement," along with having to wait for months until payment of all or some portion of the patient's bill at the time of final settlement.
Forward-Looking Statements: This press release includes forward-looking statements as determined by the U.S. Securities and Exchange Commission (the "SEC"). All statements, other than statements of historical facts, included in this press release that address activities, events, or developments that the company believes or anticipates will or may occur in the future are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which 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. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations, healthcare services demands, changes in healthcare practices, government regulation, and other factors over which the company has little or no control. The company does not intend (and is not obligated) to update publicly any forward-looking statements. The contents of this press release should be considered in conjunction with the warnings and cautionary statements contained in the company's recent filings with the SEC.
Contact:
Gary M. Giblen
Director of Strategic Development, Finance & Communications
713-521-4220
[email protected]
SOURCE Spine Pain Management, Inc.
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