Spine Injury Solutions, Inc. (OTCQB SPIN) is a public traded stock company that specializes in providing financing and technology to doctors, hospitals, and physical therapists who treat patients injured in auto accidents. As a medical solutions and technology company, we help facilitate diagnostic and treatment services for patients who have sustained spine injuries resulting from traumatic accidents. Our Patented Video Technology and funding services help reduce the financial burden on healthcare providers that provide patients with early-stage diagnostic testing and non-invasive surgical care, from being unnecessary delayed or inhibited from obtaining needed treatment. We believe our services and technology brings strong Transparency and Impartiality to all parties involved in the settlement of patient injury cases.
Spine Injury Solutions’s first affiliated clinic (Houston) opened in September 2009 to address a dilemma in the spine injury sector, a market estimated at over $250 billion, annually. Market trends in the treatment of spine injury all point to increased costs to the American public, Government and the insurance carriers for the foreseeable future, while cash flow for doctors has been compromised by various Government programs and health care insurance companies. Ultimately, patient care is at risk, particularly as indemnity health insurance and other funding for services quickly run out during the first several months of treatment. Spine Injury Solutions enters the process at this stage of care, when patient funding is limited or unavailable.
Spine Injury Solutions addresses a dilemma in a market estimated at over $250 billion, annually.
Dr. William Donovan, through his 40+ years as an orthopedic surgeon and as a successful entrepreneur has developed a management system to assist accident victims in receiving appropriate, reasonable and necessary care for liability spine injuries. Since 2009, Spine Injury Solutions has successfully delivered a medium in which spine injury patients can obtain much needed healthcare, healthcare providers can receive timely payment and legal and insurance professionals can obtain accurate, detailed records of patients’ treatments that support and shorten time to settlement. Importantly, Spine Injury Solutions has developed various Risk Management techniques to further insure transparency, safety and accuracy of the diagnostic procedures performed by the affiliated doctors to facilitate accurate diagnosis. Through years of experience, Dr. Donovan and his staff have interjected cost and time efficiency together with transparency for optimal results together with strong financial returns.
Who is Spine Injury Solutions, Inc.
Spine Injury Solutions, Inc. was incorporated under the laws of Delaware on March 4, 1998. We changed our name to Spine Injury Solutions Inc on September 1, 2015. We have two wholly-owned subsidiaries, Quad Video Halo, Inc. which holds certain assets associated with our Quad Video Halo (“QVH”) business, and Gleric Holdings, LLC which holds certain intangible assets.
SPIN is a technology, marketing, billing and collection company facilitating diagnostic services for patients who have sustained spine injuries. In addition, we are developing QVH programs to assist surgeons and other healthcare providers with treatment documentation in specialized areas, such as spine injuries and regenerative medicine. We deliver turnkey solutions to spine surgeons, orthopedic surgeons and other healthcare providers who treat spine injuries. Our goal is to become a leader in providing technology and monetizing services to spine and orthopedic surgeons and other healthcare providers. By monetizing the providers’ accounts receivables, patients are not unnecessarily delayed or prevented from obtaining needed treatment. After a patient is billed for the procedures performed we oversee collections.
We currently are providing technology and or collection services to four spine injury diagnostic centers in the United States, which are located in Houston, Texas; Odessa, Texas; Tyler, Texas; and Las Cruces, New Mexico. We are seeking additional funding for expansion by way of reasonable debt financing to accelerate future development. In connection with this strategy, we plan to offer our technology to additional diagnostic centers in new market areas that are attractive under our business model, assuming adequate funds are available.
We own a patented device and process by which a video recording system is attached to a fluoroscopic x-ray machine, the “four camera technology,” which we believe can attract additional physicians and patients, and provide us with additional revenue streams with our new programs designed to assist in treatment documentation. We have refined the technology, through research and development, resulting in a fully commercialized Quad Video Halo System 3.0. Using this technology, diagnostic and treatment procedures are recorded from four separate video feeds that capture views from both inside and outside the body, and a video is made which is placed in the patient’s chart and also given to the patient’s representative to verify the treatment received. Additionally, we anticipate independent medical representatives will sell Quad Video Halo units to additional hospitals and clinics.