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 $50 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 $50 billion, annually.
Dr. William Donovan, through his 30+ years as an orthopedic surgeon and as a successful entrepreneur has developed a fast-trax™ 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.
Currently Spine Injury Solutions funds healthcare services through facilities in Texas and Florida. The company owns no brick and mortar and assumes no medical liability. The company is expanding rapidly and reported profitable full year growth beginning in 2010. The company recently raised $1.5 million in two separate private placements in June and September 2012. This additional capital will be used to expand the Company’s footprint in Florida as well as begin expansion into additional states.