WiSpots and SilverTree Health Announce Joint Venture

PRLog (Press Release) - Feb 11, 2009 -
Cary, N.C. – WiFi media specialists WiSpots Inc. (www.wispots.com) and medical insurance reimbursement specialists SilverTree Health (www.silvertreehealth.com) have announced a new joint venture agreement to provide practice and patient-centric technology solutions for physicians and patients, utilizing the waiting room environment and existing practice infrastructure. The focus of this joint venture is on improving patient satisfaction, education, practice efficiencies and practice revenues.

Combining WiSpots’ Web-based, interactive WiFi technology application with SilverTree Health’s unparalleled Web-based medical insurance reimbursement technology and client servicing will mean quicker turnaround on accounts receivable and improved service for patients/consumers, health care providers and organizations with a focus on keeping people healthy.

WiSpots Founder and CEO Kevin S. Flannery said, “The broad reach of our solutions will have an enormous, positive impact on the patient, medical practices, the medical community as a whole, media sponsors and health care educators. This joint venture makes perfect sense for WiSpots and will significantly improve our value proposition and position in the marketplace. We are very excited to move forward with SilverTree Health and take the market by storm!”

Together, WiSpots and SilverTree Health will enhance and increase their presence in the health care vertical markets, bringing new growth opportunities to both companies as well as significant support to SilverTree Health’s reimbursement technology. They will continue to assist patients, physicians, health care systems, third-party payers and government agencies in their quest for a health care system that is Web-based, easy to use, interoperable, secure and efficient in delivery.

“Our Web-based service offering dramatically increases practice profits ten to thirty percent without increasing fees or volume,” said SilverTree Health Director of Medical Relations Dr. David Greene. “By surrounding state-of-the-art technology with unparalleled client servicing, we have shattered the status quo for optimizing practice revenue. In this day and age of decreasing reimbursement, the strategic partnership’s value proposition makes perfect sense to increase our client’s bottom line substantially.”

For more information or to find out how physician practices can participate, contact Kevin Flannery at (919) 272-0204 or Dr. David Greene at (602) 677-8981. Additional information can be found on online at www.wispots.com and www.silvertreehealth.com.