ORLANDO, Fla., Nov. 12 /PRNewswire-FirstCall/ -- PainCare Holdings, Inc. today announced that the Company has contracted with Vissman Therapeutics, a Pittsburgh-based group of physical therapy centers owned and operated by Dr. Shannon Vissman, P.T., to deploy PainCare's MedX-Direct Rehabilitation Program on-site at one of its facilities located in Canonburg, Pennsylvania.
Operating six regional facilities located throughout Western Pennsylvania, Vissman Therapeutics provides comprehensive physical therapy and orthopedic rehabilitation to over 150 patients per day, who are referred to its centers primarily by area medical practitioners. The centers provide services that help restore function, improve mobility, relieve pain, and prevent or limit permanent physical disabilities of patients suffering from injuries or disease. Their patients include accident victims and individuals with disabling conditions such as low back pain, arthritis, heart disease, fractures, head injuries, and cerebral palsy.
Dr. Vissman stated, "Outcome-based rehabilitation is the premise on which all treatment programs are prescribed and implemented. It has long been our experience that carefully supervised exercise regiments using specialized exercise equipment measurably enhance a patient's recovery process. We are very pleased to be partnering with PainCare to deliver state-of-the-art musculoskeletal rehabilitation using what we believe is the very best equipment on the market today. Although we will be deploying PainCare's MedX- Direct program in only one of our facilities initially, it is our intent to universally replace all existing ortho rehab equipment in each of our facilities with nothing but MedX machines."
Marketed as MedX-Direct Rehabilitation Program, PainCare is actively managing and operating programs with leading orthopedic surgeon, neuro- surgeon, physiatry and pain physician practices to provide the most advanced testing, strengthening and rehabilitation utilizing state-of-the-art MedX equipment installed on-site at each physician practice. PainCare Holdings is the exclusive North American distributor of MedX medical equipment, produced by MedX Corporation, a manufacturer of industry leading testing, strengthening and rehabilitation equipment. The MedX-Direct Rehabilitation Program is structured on a revenue sharing basis with each practice. To date, PainCare has deployed or is in the process of deploying Med-X Direct Programs throughout North America.
About PainCare Holdings, Inc. (http://www.paincareinc.com/)
Founded in Orlando, Florida in 2000, PainCare specializes in the cost- effective delivery of high-tech pain relief through Minimally Invasive Surgery, Pain Management technologies and Orthopedic Rehabilitation.
Through strategic acquisitions and management service agreements, the Company is establishing a network of orthopedic rehabilitation, spine surgery and pain management centers across North America to serve the pain care market. Currently, PainCare owns and operates: Advanced Orthopaedics of South Florida, Inc., located in Lake Worth, Florida, that specializes in minimally invasive spine surgery; Rothbart Pain Management Clinic, Inc., one of the largest providers of pain management services in Canada; Spine One, P.C., a pain management practice specializing in minimally invasive spine procedures; and Pain & Rehabilitation Network, Inc., dba "The Pain Center," an established pain management practice serving the Greater Jacksonville area in Florida, and led by Andrea M. Trescot, M.D., considered one of the leading pain management physicians in the country; Medical Rehabilitation Specialists, Inc., and an established physiatry and pain management practice located in Tallahassee, Florida, led by Kirk Mauro, M.D., one of the country's leading physiatrists. PainCare also manages Associated Physicians Group (APG), a fully integrated pain management group practice serving the St. Louis Metro-East market.
In addition, PainCare operates a turnkey orthopedic rehabilitation program, marketed as MedX-Direct, utilizing MedX' patented, proprietary, rehabilitation equipment to provide selected healthcare providers with an enhanced revenue stream into their practices.
This press release may contain forward-looking statements that may be subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and are made based on management's current expectations or beliefs as well as assumptions made by, and information currently available to, management. A variety of factors could cause actual results to differ materially from those anticipated including the following: insufficient capital to expand business; market acceptance of new products and services; management's ability to effectively launch new products in a timely and cost efficient manner; governmental regulation and legal uncertainties; ability to manage growth and to respond to rapid technological change; competitive pressures; costs or difficulties related to the integration of businesses, if any, acquired or that may be acquired, may be greater than expected; operating costs or customer loss and business disruption following future mergers and acquisitions may be greater than expected; general economic or business conditions; and any changes in the securities market. For a detailed description of these and other cautionary factors that may affect PainCare's future results, please refer to PainCare's filings with the Securities Exchange Commission, especially in the "Factors Affecting Operating Results and Market Price of Securities" included in the Company's most recent filings filed with the Securities Exchange Commission.
FOR MORE INFORMATION, PLEASE CONTACT Stephanie Noiseux, Elite Financial Communications Group, LLC 407-585-1080 or via email at steph@efcg.net
PainCare Holdings, Inc.CONTACT: Stephanie Noiseux, Elite Financial Communications Group, LLC,+1-407-585-1080 or email, steph@efcg.net
Web site: http://paincareinc.com/
