
Left to right: Dwight A. Lee, M.D., Chief Medical Officer;
Harris W. Miers, Jr., CEO; Daniel S. Karin, M.D, Medical Director:
Jose Gutierrez, M.D., Emergency
Services UTSWMC; Mark A. Heaver, Practice Manager for Primary Care
MILESTONES TO INVESTOR
FINANCIAL RETURNS
These
bullets highlight major events in the Company’s development. Please contact the investor relations leader,
Wayne A. Bertsch, CPA at 972-484-5888 or by email at wbertschcpa@themiersgroup.com for additional information and/or a
guided tour of the FINANCIAL
PLAN.
·
Created a legal entity to house both a
healthcare distribution business (community health plans) as well as a capacity
to finance healthcare services (employee benefits and insurance).
·
Developed a comprehensive business plan
·
Beginning
in 2009, assembled a seasoned management team (Main Street to Wall
Street): CEO, CFO, Medical Director (M.D.), VP of Agency Operations,
Chief Medical Officer (M.D.), and Practice Manager for Primary Care (D.O.),
Nurse Practitioner/Physician Assistant Practice Manager (N.P.)
·
Assembled a prestigious advisory board
with healthcare insight and experience
·
Self-funded the first stage of company development (2009-2012), i.e., no
outside debt incurred to date.
·
Initiated and operationalized
a full service insurance agency (general lines, property and casualty, and
benefits consulting). All key management
including the physician cadre is licensed by the Texas Department of Insurance.
·
Resolved
insurance company appointments for all lines of business including Medicare
Advantage products, wellness programs, etc.
·
Built a book of diverse, profitable
insurance business
·
Searched
out the best-positioned independent physician association (IPA). Contested successfully for its control and
financial management. Development concluded with a management services
contract. IPA is now recognized as the
“preferred IPA” for Tenet Healthcare Corp (THC/NYSE).
·
Developed a contractual relationship
with a large Tarrant County based IPA to ultimately service the defined market
of seventeen counties.
·
Established contractual relationship
with a physician-led biometric service and a national wellness company
·
Cultivated our organic physician market
for sale of financial and insurance services
·
Created
a category of “Recognized Service Providers”, i.e. a healthcare contractor that
provides directly or indirectly services that complement the Flagship
Healthcare Network. Examples: home
health care, durable medical equipment, substance abuse rehabilitation.
·
Formed an alliance with Tenet Healthcare
Corporation to develop Community Health Plans in an area hosting three acute
care hospitals and two million people.
·
Established a Company presence within
the local hospital district board, with a charitable fund, and with the
advisory board of a university
·
Established and secured the “Flagship
Healthcare Network” brand (www.FlagshipNetwork.com).
The branding begins with our initial Community Health Plan Project
·
Finalized
a competitive proprietary physician fee schedule for the FHN. Competitive rates are required for a product
that will be targeting local small to mid-size employers. Cost savings
attributable to provider terms joined within a narrow network will give the
community-centric product a market edge.
Result is designed to allow for significant cost savings for the
employer while driving increased, attractive growth for our medical staff.
·
Finalized a competitive proprietary hospital
fee schedule for the FHN.
·
Enhanced communications with physicians
and with the community: blog, websites,
etc.
·
The CEO of the FHN working in tandem with the
CEO of Lake Pointe Medical Center personally contacted key physicians in the
Flagship service area.
·
Selected
a full-service third party administrator (TPA) which is essential to marketing
an ERISA-based, self-funded benefit plan.
·
Working within spheres of influence, began the
process of selecting an independent broker/agent panel.
·
Crafted a personnel plan to support the
business plan
·
Attracted Tim
Paquette as Chief of Finance and Administration. Tim brings 25 years of
experience in Healthcare Finance and Managed Care operations, of which 10 years
were spent serving as COO of the Jefferson Physicians
Group, Dallas area’s preeminent primary care IPA. Also, he recently
served as the lead contract negotiator for the 1200 faculty physicians of the
prestigious UT Southwestern Medical Center.
·
Mezzanine financing is being sought to
secure fast track development of initial market. Additional organic growth can
be internally funded and could lead directly to a monetizing exit event (IPO or
acquisition.)



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