Company Expects Month-Over-Month Sales to Increase 75% With Strong Growth in Cash Flows During the Second Half of 2011
HORSHAM, Pa., July 12, 2011 /PRNewswire/ -- National Health Partners, Inc. (National Health) (OTCBB: NHPR), a leading provider of discount healthcare membership programs, expects July sales to increase by as much as 75% over June sales as a result of the new marketing campaign announced by the company on May 25, 2011.
The company has experienced a tremendous amount of success from the current marketing campaign. As a result, the company has implemented a plan to substantially increase its monthly sales on a continuous basis, beginning with a 75% increase in July. During the remainder of 2011, this campaign has the ability to increase monthly sales by more than 700% while enabling the company to achieve positive cash flows from operations.
The remarkable cash flow opportunity of this marketing campaign is tied to the innovative cost terms achieved by the company. Traditionally, the company paid a monthly recurring residual commission during the life of the membership for each member acquired. Through the current campaign, the company is only paying a small, one-time fee for each member acquired –no monthly recurring residual commissions are paid. As a result, the cash flow generated by the company during the life of each membership obtained through this campaign is 150% greater than that of the memberships previously sold by the company.
"I am very excited about the incredible results that we are generating through this new marketing campaign," stated David M. Daniels, National Health Partners' President and CEO. "This marketing campaign is unique not only because of the large scale marketing operations of our partner, but because we are only paying a one-time commission on each new member we obtain. As a result we are seeing a substantial jump in cash flow from these new sales. As we continue to add more retained memberships from this program, we will see cash flow growth increase substantially."
"I am very comfortable with our outlook over the coming months and I am anxious to build on our profitability on a larger scale," continued Mr. Daniels. "As we generate more monthly cash flow, we plan to use much of this cash to acquire even more members. Within 6 months, we could be generating annualized cash flows in an amount that is greater than the current market value of our entire company."
National Health Partners, Inc.
National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called "CARExpress." CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. The company's primary target customer group is the 47 million Americans who have no health insurance of any kind. The company's secondary target customer group includes the millions of Americans who lack complete health insurance coverage. The company is headquartered in Horsham, Pennsylvania. For more information on the company, please visit its website at www.nationalhealthpartners.com.
Safe Harbor Provision
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained herein, including, without limitation, statements regarding the company's future financial position, business strategy, budgets, projected revenues and costs, and plans and objectives of management for future operations, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expects," "intends," "plans," "projects," "estimates," "anticipates," or "believes" or the negative thereof or any variation thereon or similar terminology or expressions. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from results proposed in such statements. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, its ability to fund future growth and implement its business strategy, its ability to develop and expand the market for its CARExpress membership programs, demand for and acceptance of its CARExpress membership programs, its dependence on a limited number of preferred provider organizations and other provider networks for healthcare providers, as well as those factors set forth in the company's Annual Report on Form 10-K for the year ended December 31, 2010 and its other filings and submissions with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, the company assumes no obligation to update or revise any of the information contained in this press release.
Contact
National Health Partners, Inc.
David Daniels
President/CEO
(941) 729-1766
[email protected]
SOURCE National Health Partners, Inc.