Overview of Champion Pain Care Corporation
March 17, 2015
Our strategy is to roll up and consolidate private pain management clinics across the US.
Chronic pain treatment and management in the United States is a fragmented $4 Billion market.
- Over 100 Million Americans suffer from chronic pain.
- Approximately 2,500 doctors and 1,500 private clinics specialize in pain management and treatment.
- Estimated average annual revenues per clinic are US$2.6 Million with pre-tax profits of 25%.
- Annual revenues for private pain management clinics in the US are estimated at $4 Billion.
The acquisition of pain management clinics is seen to be a growth opportunity.
- The number of patients needing treatment is increasing as the population ages.
- Funding agencies want more effective, economical and enduring approaches to pain management.
- New restrictions on opioids make the Champion Pain Care Protocol (“the Protocol”), a non-pharmaceutical treatment plan that is highly effective in reducing pain, attractive to patients, doctors and funding agencies.
- General practitioners who are reluctant to treat pain patients send them to pain specialists.
- Selling their pain clinics is attractive to doctors who want to:
- retire with the option to take payment in cash and public company shares,
- offload their administrative burden to a parent company,
- reduce their exposure to liability or sanctions from prescribing pain medications,
- increase their opportunities, compensation and liquidity under public company ownership,
- or a combination of these considerations.
We will pursue growth and improved profits by:
- implementing the Protocol in addition to existing services in acquired clinics,
- securing internationally recognized CARF International accreditation,
- improving CPT coding, billing and collections,
- providing professional management of all business functions and medical practices,
- adding nurse practitioners, pharmacists, physiotherapists, dieticians, counsellors, and rehabilitation specialists as required,
- developing standard operating procedures and economies of scale,
- identifying and using best-practices from all clinics and
- ancillary services, including:
- pharmacies,
- facilities for physiotherapy and rehabilitation and
- durable medical equipment
Our team has experience in the health care market and with creating and managing public companies.
We have identified qualified advisors who will be assisting us in the following areas.
- CPT coding, billing and collections.
- Recruitment and human resources.
- Health care administration and marketing.
- CARF accreditation and clinical trials.
- Securities, corporate and health care law.
- E-commerce and social networking media.
Our goal is to achieve clinical excellence and build a national brand for pain management.
Listing information
Symbol
CPAI:OTCBB
CUSIP Number
67777V-101
Common shares issued and outstanding (February 28, 2015)
Free-trading 7,000,000
Restricted 39,885,500
Total 46,885,500
Insiders and associates 33,115,000 (70.6%)
Website
championpaincare.com
Social Media
- Twitter Champion Pain Care @ChampionCare
EDGAR filings
- More information on the topics above and the Company in general can be seen on EDGAR at: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001469284&owner=exclude&count=40&hidefilings=0
For further information contact: Terrance Owen, PhD, MBA, CEO
Champion Pain Care Corporation, 48 Wall Street, New York, NY 10005
Office: 1-877-966-0311 x201 or Cell: 1-604-862-3439
E-Mail: terry@championpaincare.com