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Press Release Source: National Health Partners, Inc.
National Health Partners Wednesday October 3, 10:03 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 entered into a revenue sharing agreement with Internet Coupon Exchange, Inc. (iCE), a leading innovator that has created a state-of-the-art online service engine that simplifies the process of offering and redeeming coupons, vouchers and instant rebates for prescription drugs and over-the-counter medications.
Under the agreement, the iCE online service engine will enable CARExpress members to obtain coupons, vouchers and rebates on prescription drugs and over-the-counter medications through National Health’s CARExpress website. Each time a coupon, voucher or rebate is redeemed by a CARExpress member, iCE will be paid a transaction fee by the manufacturer of the medication that was purchased and iCE will then share a portion of this fee with National Health. National Health expects to make iCE’s drug coupons and rebates available to its members within the next few weeks.
Upon entering into this agreement with iCE, National Health became a member of the National Affinity Network (NAN) that iCE has established. NAN currently has approximately 350 participating organizations with more than 40 million unique members. iCE’s innovative network is comprised of such respected organizations as hospital and healthcare groups, professional and disease-related associations, alumni and community networks, banking and trade websites, and other consumer-driven affinity groups. The members of these organizations have substantial interaction with their organizations and, in most cases, among themselves. By the end of 2008, NAN expects to represent more than 600 affinity groups reaching over 100 million unique members.
A substantial portion of the NAN organization members are underinsured or have no insurance at all. National Health and iCE intend to launch a marketing campaign during the first quarter of 2008 through which they will specifically target these members with a product offering that will include National Health’s CARExpress membership programs with iCE’s prescription coupons and rebates. Through NAN organization websites, these members will be able to learn more about CARExpress and iCE and purchase a CARExpress membership program on a promotional basis. Terms of this arrangement will be determined by National Health and iCE later this year.
“Developing the most effective business collaborations takes creative thinking and the right business partners,” stated David M. Daniels, President and Chief Executive Officer of National Health Partners. “The Internet Coupon Exchange has developed a cutting-edge method of providing our CARExpress members with a way to save a significant amount of money on their prescription drugs and over-the-counter medications. This will provide us with two important benefits. First, each time a CARExpress member purchases a drug or medication using one of iCE’s coupons or rebates, we will receive a portion of the transaction fee paid by the drug manufacturer to iCE at no cost to us. Second, and more importantly, our ability to offer iCE’s coupons and rebates will provide uninsured and underinsured people with an even greater incentive to join CARExpress and remain a member of CARExpress for a long period of time.”
"We are very pleased to be working with National Health Partners and introducing the benefits of our state-of-the-art online service engine for drug and medication coupons and rebates to its members,” stated William Thomas, President and Co-Founder of the Internet Coupon Exchange. “We believe that a significant number of the members within our National Affinity Network will find the combination of CARExpress and our iCE drug coupons and rebates to be an ideal solution to the problem of rising healthcare costs. We look forward to working with National Health Partners to help address the ever-worsening healthcare crisis faced by millions of Americans each day.”
Internet Coupon Exchange, Inc.
The Internet Coupon Exchange, Inc. (iCE) is a leading innovator that has improved and simplified the process of offering and redeeming online coupons, vouchers and instant rebates for prescription drugs and over-the-counter medications. iCE’s intelligent, state-of-the-art coupon processing engine is simple, cost-effective, responsive, and trackable, providing valuable reports and consumer feedback. iCE has also established the National Affinity Network that is comprised of 350 member organizations reaching over 40 million Americans online as a means of distribution. iCE was co-founded by William Thomas, the former Executive Vice President of PerfectHealth Insurance Co., and is headquartered in Newtown, Pennsylvania. For more information on iCE, please call (215) 240-6680 or email iCE at mpoelzmann@icouponx.com.
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 corporate 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. _______________________
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Send mail to info@nationalhealthpartners.com with questions or comments. Copyright © 2006 NATIONAL HEALTH PARTNERS, INC. |
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