Press Release                                                                                                            Source: National Health Partners, Inc.

 

National Health Partners

announces POSITIVE CASH FLOWS FROM OPERATIONS 

 

Company's focus on affinity groups is generating 

substantial revenue and significantly lower cost
  

Thursday January 31, 7:00 am ET

 

HORSHAM, Pa. - (BUSINESS WIRE) - National Health Partners, Inc. (National Health) (OTCBB: NHPR - News), a leading provider of unique discount healthcare membership programs, announced today that it has begun generating positive cash flows from operations as a result of the success it is experiencing from sales of its CARExpress programs to affinity groups and its decision to terminate its relationship with Trident Marketing International.

 

The company has successfully transitioned its sales strategy from direct marketing companies like Trident to affinity groups such as associations, unions, chambers of commerce and related organizations, as well as insurance brokers and agents.  The company has entered into numerous agreements with affinity groups and is experiencing a significant growth in sales to members of these groups.  As a result of the success the company is experiencing with its affinity group partners and the company's decision to terminate its relationship with Trident, the company is now generating positive cash flows from operations for the first time in its history.  The company expects the second quarter of 2008 to be its first full fiscal quarter with positive cash flows from operations.

 

"We have been actively seeking opportunities to grow National Health Partners quickly while maximizing our cash flows," stated David M. Daniels, President and Chief Executive Officer of National Health Partners.  "In the past, we used a variety of marketing companies to sell our CARExpress programs to consumers.  These companies produced members with very low retention rates which proved to be costly financially.  Through our direct sales force and our various marketing efforts, we have very quickly gained traction with a large number of affinity groups that are extremely excited about our CARExpress membership programs.  These groups are producing a large number of members for us with high retention rates at a significantly lower cost."

 

"Our strategy of targeting affinity groups has been so successful for us, we determined that it would be best for us to terminate our relationship with Trident," continued Mr. Daniels.  "As a result of the increase in sales we are generating from our affinity group partners and the termination of our relationship with Trident, we are now generating positive cash flows from operations for the first time ever.  We expect the second quarter of 2008 to be our first full fiscal quarter with positive cash flows from operations.  We are very excited with how quickly we have been able to transform National Health Partners into the tremendous business we had always envisioned it would be."

 

The company is currently in discussions with a number of business groups, associations, chambers of commerce and unions that will be making its membership programs available to thousands of uninsured and underinsured people.  The company expects to make additional announcements regarding these new business affiliations in the very near future. 

 

National Health Partners, Inc.

 

National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called "CARExpress."  CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna.  The company's primary target customer group is the 47 million Americans who have no health insurance of any kind.  The company's secondary target customer group includes the 61 million Americans who lack complete health insurance coverage.  The company is headquartered in Horsham, Pennsylvania.  For more information on the company, please visit its website at www.nationalhealthpartners.com.

 

Safe Harbor Provision

 

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  All statements other than statements of historical fact contained herein, including, without limitation, statements regarding the company's future financial position, business strategy, budgets, projected revenues and costs, and plans and objectives of management for future operations, are forward-looking statements.  Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expects," "intends," "plans," "projects," "estimates," "anticipates," or "believes" or the negative thereof or any variation thereon or similar terminology or expressions.  Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from results proposed in such statements.  Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct.  Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, its ability to fund future growth and implement its business strategy, its ability to develop and expand the market for its CARExpress membership programs, demand for and acceptance of its CARExpress membership programs, its dependence on a limited number of preferred provider organizations and other provider networks for healthcare providers, as well as those factors set forth in the company's most recently filed post-effective amendment to its registration statement on Form SB-2 and its other filings and submissions with the Securities and Exchange Commission.  Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made.  Except as required by law, the company assumes no obligation to update or revise any of the information contained in this press release.


 

Contact: 

National Health Partners, Inc.
Alex Soufflas, 215-682-7114
info@nationalhealthpartners.com

_______________________
Source: National Health Partners, Inc.

 

 
 
home   |   about us   |   products & services   |   CARExpress   |   investor relations   |   press releases   |   news articles
sitemap   |   contact us   |   request info

Send mail to info@nationalhealthpartners.com with questions or comments.  Copyright © 2006 NATIONAL HEALTH PARTNERS, INC.

HOME