SurgLine International, Inc. Establishes Additional Revenue Stream With Management Service Organization
WEST PALM BEACH, Fla., April 19, 2012 /PRNewswire/ -- SurgLine International, Inc. (SGLN.PK)
Thomas Toland, CEO of SGLN and SurgLine, Inc. ("SurgLine") reported that the Company has provided the spine hardware required for a successful one level lumbar fusion case in San Diego, California. SurgLine supplied its product to a Management Service Organization ("MSO") focused on servicing industrial and personal injury cases throughout Southern California.
Mr. Toland was quoted as saying, "SurgLine has been working with this MSO to reduce its cost of surgical implants by using its surgical hardware solutions. We have completed our first case with this group and anticipate a steady flow of cervical and lumbar fusion cases throughout Southern California. We offered this MSO all inclusive construct pricing by level and modality for ease of billing. I have also been informed that the same MSO is scheduling a two-level lumbar fusion case within the next week."
Toland continued, "We believe that this relationship will result in additional cases and revenues on a continual and recurring basis as they fully transition to our surgical spine solutions. We plan to use this success story to attract additional other MSO's throughout the country as the Company continues to demonstrate our value proposition of "More Savings for Your Healthcare Dollar." We look forward to reporting on additional relationships as they occur."
About SurgLine, Inc.
SurgLine (www.surgline.com) sources and distributes high quality FDA approved medical and surgical products at discount prices, thereby reducing or eliminating the historical brand premium paid by healthcare providers including acute care hospitals, surgery centers, surgical hospital, self insured employers and insurance companies. SurgLine offers high quality medical and surgical supplies and products at substantial savings utilizing stocking distributors and institutional buyers by sourcing products globally without the historical brand premium and industry markup.
About SurgLine International, Inc.
SurgLine International, Inc. is a holding company that in addition to SurgLine, wholly owns Nuvo Solar Energy, Inc., a development stage company that owns unique patent pending solar and photovoltaic related technology. The Company is also seeking other business opportunities.
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
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