Friday, September 20, 2013

Northstar Healthcare Inc. - NHC.t

Northstar Healthcare Inc. - NHC.t strategically partners with physicians in the development and management of ambulatory surgical centers (ASCs) with the mission of providing superior medical care, increased patient satisfaction, and lower costs for healthcare delivery.

Northstar Healthcare’s core competency lies in developing and managing successful specialized surgical centers.

On September 4, 2013 the company released NEWS

"Northstar Healthcare Inc. (TSX:NHC) ("Northstar") today announced that it is commencing its planned bariatric and spine programs in Dallas through a partnership with six prominent Dallas physicians. Northstar will launch in Dallas a bariatric marketing campaign following its already successful launches of podiatric NueStepSM and spine CuraSpineSM campaigns.

Dr. Kenneth Efird, Northstar's Chief Business Development Officer, stated, "Our new Dallas Physician partners are premier bariatric, orthopedic, pain and ob-gyn surgeons with very large and successful medical practices."

"Bariatric and orthopedic reimbursement rates are amongst the highest in the industry," said Harry Fleming, Northstar's Chief Financial Officer. "Our financial analysis of the new partnership indicates that if these programs perform as predicted, they will have an immediate material impact on the financial performance of Northstar moving forward," said Fleming. "Additionally, we are announcing that our physician contracting program is now up to 57 physicians in Houston and Dallas. Based on these developments, we are considering issuing monthly financial updates in the coming months to offer more current financial information to the shareholders."