First Choice Healthcare Solutions (OTCQB: FCHS) Expands Upon Their Non-Physician-Owned Medical Centers


Headquartered in Melbourne, Florida, First Choice Healthcare Solutions (OTCQB:FCHS) is implementing a defined growth strategy aimed at building a network of localized, integrated care platforms comprised of non-physician-owned medical centers of excellence, which concentrate on treating patients in the following specialities: Orthopaedics, Spine Surgery, Neurology, Interventional Pain Management and related diagnostic and ancillary services in key expansion markets throughout the Southeastern U.S.

Serving Florida’s Space Coast, First Choice Healthcare Solutions (OTCQB:FCHS) flagship, local, integrated network currently administers over 100,000 patient visits each year and is comprised of First Choice Medical Group, The B.A.C.K. Center and Crane Creek Surgery Center. By establishing their Centers as premier destinations for clinically superior, patient-centric care that is coordinated across each patient’s care continuum, the Company expects to deliver more meaningful and collaborative doctor-patient experiences, accurate diagnoses, effective treatment plans, faster recoveries and materially reduced costs.




Management has issued formal revenue guidance of $40-$45 million for 2017, up from guidance of $30 million in total revenues for 2016. Further, formal 2017 guidance for Adjusted EBITDA margin performance is 15-20%.

Central to First Choice Healthcare Solutions (OTCQB:FCHS) approach to developing profitable Medical Centers of Excellence involves the integration of both complementary medical specialties, ancillary and diagnostic services. While one specialty may have high reimbursements for professional service but insufficient volume to profitably support the necessary diagnostic equipment, another medical specialty may have a lower professional service reimbursement but high volume diagnostic equipment use.

Operating independently, each specialty group would face retreating profit margins and confront significant challenges to maintaining high service levels with adequate equipment and current technologies. However, operating together, they create the optimal mix of professional service fee income and diagnostic equipment procedure income. Since the combination is more profitable than either of its components, there is a favorable opportunity to sustain profit margins that will allow each of our Centers to maintain clinically superior, patient-centric service levels supported by top rated physicians and care and state-of-the-art equipment and technologies.

The Centers:






• Perpetuating Organic Growth of Flagship Platform to Capture Significant Share of $150 Million Market Opportunity on Florida’s High Growth Space Coast
• Orthopaedic/Spine Surgeries
• Physical/Occupational Therapy
• Imaging Services
• Ambulatory Surgery Center
• DME/Home Health/Pharmacy
• Bundled Payment Contracts with Government Payers, Insurance Carriers & Major Employers
• Replicate Platform in Targeted Geographic Markets
• Accelerate Revenue Growth and Continue to Increase Adj. EBITDA Margin
• Profitable through Q316
• Strong Cash Position – Financing Flexibility



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