TAMPA, Fla., Jan. 12, 2015 /PRNewswire/ -- PPJ Healthcare Enterprises Inc. (OTC Pink: PPJED) (PINKSHEETS: PPJED) has announced that it has received a commitment of signing an agreement with a medical conglomerate to conduct the practice's advisory, billing, collections and practice management services for all non HMO patients.
The deal, which would allow PPJ Healthcare Enterprises to service a hospital, multi-specialty medical clinics specializing in cardiology, interventional cardiology, radiology, urgent care, interventional pain management office suit surgery center, anesthesia, Aphresis and surgical services.
Company officials plan to bring in new medical services to the practice as well as conduct a thorough analysis of its billing and operational need for the specialized services. Initial conservative estimates indicate the deal could result in gross annual revenues of as low as $1.5 to 2 million dollars in the 1st 12 to 15 months for PPJ Healthcare Enterprises, Inc. The Company expects to start servicing this agreement by late February to mid March of 2015.
"This potential deal promises to be a huge benefit for PPJ Healthcare Enterprises Inc. and its investors," said Chandana Basu, CEO of PPJE. "It marks a new beginning for a considerable revenue increase for the company as well as our possible new partners. We look forward to this tremendous opportunity to help this medical practice grow and flourish."
As always, PPJE management advises shareholders, company followers and prospective investors to contact their financial advisors if they have any questions or concerns about their individual accounts and investment choices.
Regarding other news and events, the company reminds its followers to monitor OTC Markets filings tab for further newsworthy events and corporate updates, which will follow as they happen (http://www.ppjenterprise.com).
Information in this release may contain statements about future expectations, plans, prospects or performance of PPJ Enterprise that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. PPJ Healthcare Enterprises, Inc. cautions you that any forward-looking information provided by or on behalf of PPJ Healthcare Enterprises, Inc. is not a guarantee of future performance. None of the information in this press release constituted or is intended as an offer to sell securities or investment advice of any kind. PPJ Healthcare Enterprises, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond PPJ Healthcare Enterprises, Inc.'s control. In addition to those discusses in PPJ Healthcare Enterprises, Inc.'s press releases, public filings and statements by PPJ Healthcare Enterprises, Inc.'s management, including, but not limited to, PPJ Healthcare Enterprises, Inc.'s estimate of sufficiency of its existing capital resources, PPJ Healthcare Enterprises, Inc.'s ability to raise additional capital to fund future operations, PPJ Healthcare Enterprises, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match PPJ Healthcare Enterprises, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. PPJ Healthcare Enterprises, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made to reflect the occurrence of unanticipated events.
For information please contact PPJ Healthcare Enterprises, Inc. 401 E. Jackson Street, Suite 2340, Tampa, FL 33602
Investor Relation Dept.
PPJ Healthcare Enterprises, Inc.
SOURCE PPJ Healthcare