Phoenix, AZ (PRWEB) June 22, 2012
Cloud Medical Doctor Software Corporation (Cloud-MDs) ( Pink Sheets: NSCT) , a leading provider of “Cloud Based” Practice Management (PMS) and Electronic Medical Record (EMR) software solutions for the healthcare industry announced today that it has acquired Doctors Network of America in Flowood, Mississippi and achieved $500,000 in new sales of our cloud based software program.
Doctors Network of America (DNA) is a leading provider of Physician billing and consulting services to healthcare providers in Mississippi.
Mr. Michael DeLaGarza, CEO of Cloud-MDs stated, "This move strengthens our position in the medical billing services vertical and adds to our portfolio of healthcare companies. We are very pleased to announce that Mrs. Marie Krooss who is President and CEO of DNA will continue in her current position after completion of acquisition of the company. Mrs. Marie Krooss, who has worked in the medical industry for over 30 years and has extensive contacts throughout the industry, will bring her experience and leadership to ensure that Cloud-MDs will continue to expand and become a major player in the medical billing space in addition William Krooss, MD will also bring his 35 years of Medical Experience to the company. Cloud-MDs will continue to look to acquire other companies that complement our business, help us grow, and offer our clients a comprehensive range of services."
Cloud-MDs is a “Cloud Based”, 5010 and ICD-10 compliant, medical software solution and service, designed by experienced healthcare programmers for healthcare providers, that produces “Actionable Information” to help Independent Physician Practices, New Care Delivery Models (ACO), Healthcare Systems and Billing Services optimize a wide range of business processes resulting in Increased Profits, Higher Quality, Greater Efficiency, Noticeable Cost Reductions and Better Patient Care. For further information about Cloud Medical Doctor Software Corporation go to http://www.cloud-mds.com or mdlg(at)cloud-mds(dot)com.
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Cloud Medical Doctor Software Corporation (the Company) to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) sell its software; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at http://www.sec.gov under "Search for Company Filings."