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Spine Pain Management, Inc. to Present at LD MICRO Invitational on September 22nd


News provided by

Spine Pain Management, Inc.

Sep 19, 2011, 08:00 ET

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HOUSTON, Sept. 19, 2011 /PRNewswire/ -- Spine Pain Management, Inc. (OTC: SPIN), a specialty medical management and finance company addressing the multi-billion dollar personal injury case sector, today announced that its CEO, Dr. William F. Donovan, will present at the LD MICRO Invitational in Los Angeles on Thursday, September 22nd, 2011 at 2:30PM (PDT).  The conference is being held at the Luxe Sunset Bel Air Hotel in Los Angeles, California.

"We are excited to host 15 names that we consider to be of the highest caliber in the micro-cap space," said LD MICRO president Chris Lahiji. "More importantly, we are honored that Spine Pain Management is presenting for the very first time at our event."

The LD MICRO Invitational showcases some of the fastest growing and profitable names on the OTC, NASDAQ, and NYSE. 

To learn more or to register, please call 408-457-1042.

About Spine Pain Management, Inc.:

We are a medical marketing, management, billing and collection company facilitating diagnostic services for patients in our affiliated centers 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.  With headquarters in Houston, Texas, we now have financing arrangements with five affiliated centers in Houston, Texas, McAllen Texas, the Tampa Bay area of Florida, Orlando, Florida and Jacksonville, Florida.

Additional information about the company, along with a video can be found at its website at www.spinepaininc.com.

About LD MICRO:

LD MICRO is a by-invitation only newsletter firm that focuses on finding undervalued companies in the micro-cap space. Since 2002, the firm has published an annual list of recommended stocks as well as comprehensive reports on select companies throughout the year. LD MICRO concentrates on finding, researching, and investing in companies that are overlooked by institutional investors. It is a non-registered investment advisor.

SOURCE Spine Pain Management, Inc.

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