MEDirect Latino Inc. Achieves Record September Operating Results

“MEDirect Latino Inc. (Pink Sheets:MLTO) (www.medirectlatino.org), the first national provider of direct-to-consumer Medicare reimbursed medical products focused exclusively on chronic diseases afflicting the Hispanic community, today announced record operating results for September, 2005 in gross billings, new patient shipments, call volume and average opening orders. MEDirect Latino reports gross billings of $304,621 during the month, a 109% increase over August billings of $145,984, while maintaining gross product profit margins of 74% during the period. During the month, the Company’s media campaign produced qualified patient intake call volume of 3,772 calls, an increase of 93% over August. Total patient orders for September numbered 3,108, which included 1,304 new patient shipments, and an additional 1,804 patients approved, but pending shipment for regulatory processing. MEDirect Latino expects to monetize its approved/on-hold patients in October, which is typical for the industry model. The Company’s closing ratio during August was 82% of the total qualified responses received from the media campaign. New patient shipments in September increased 104% over new patient shipments in August.”

Please notes some (many) sites require registration. Many times it is free.

Stumble it! | |