The goal of each subsidiary is to seek ventures that improve the financial health of medical and dental practices throughout the United States, specifically through technology-based medical records programs and advanced medical billing software systems.
Recently the company received a commitment of signing an agreement with a medical conglomerate to conduct the practice's advisory, billing, collections and practice management services for all non HMO patients.Deal, which would allow PPJ Healthcare Enterprises to service a hospital, multi-specialty medical clinics specializing in cardiology, interventional cardiology, radiology, urgent care, interventional pain management office suit surgery center, anesthesia, Aphresis and surgical services.
Company officials plan to bring in new medical services to the practice as well as conduct a thorough analysis of its billing and operational need for the specialized services. Initial conservative estimates indicate the deal could result in gross annual revenues of as low as $1.5 to 2 million dollars in the 1st 12 to 15 months for PPJ Healthcare Enterprises, Inc.
The Company expects to start servicing this agreement by late February to mid March of 2015. "This potential deal promises to be a huge benefit for PPJ Healthcare Enterprises Inc. and its investors," said Chandana Basu, CEO of PPJE. "It marks a new beginning for a considerable revenue increase for the company as well as our possible new partners. We look forward to this tremendous opportunity to help this medical practice grow and flourish."
With the recent changes to American health care and its providers, along with an ever increasing need for electronic medical records (EMRs), PPJ appears poised for a breakout.