Navigation Links
CRH experiences significant increase in business activity
Date:2/18/2009

VANCOUVER, Feb. 18 /PRNewswire-FirstCall/ - CRH Medical announced today that for the year ended December 31, 2008, it had 27,348 patient visits at its Centers for Colorectal Health compared to 13,461 for the same period in 2007. In addition, as a result of it's Partnership Program, the Company sold 6,840 units of its CRH O'Regan Hemorrhoid Banding Technology compared to 1,920 for the same period in 2007. The Company trained more than 100 physicians in its Partnership Program during the second half of 2008, versus only 9 physicians in 2007.

Commenting on the these results and plans going forward, Edward Wright, Chief Executive Officer, stated, "Although we do not yet have audited financial reports, we anticipate a significant increase in revenue in 2008 versus 2007, as well as a decrease in our losses. We continue to focus on cutting expenses and increasing our activities in our highest margin business segment, our Partnership Program in an attempt, to achieve cash flow positive operations as soon as possible in the current year. We are very excited about the opportunity our Partnership Program provides our partner physicians and their patients."

Through its Partnership Program the Company sells its patented proprietary hemorrhoid banding technology, treatment protocols, marketing and operational experience directly to physicians who see patients that may be in need of hemorrhoid treatment. By adopting the use of the CRH Technology, the physician increases practice revenues, expands the continuum of care and provides a fast, painless hemorrhoid solution to patients.

The Company expects to publish its full 2008 financial and annual report by the end of April, 2009.

About CRH Medical Corporation:

CRH Medical Corporation specializes in the treatment of hemorrhoids utilizing its proven treatment protocol and patented proprietary technology. CRH's single use, disposable, hemorrhoid technology is safe and highly effective in treating hemorrhoid grades I - IV. CRH Medical employs two commercialization strategies: First, it operates Centers for Colorectal Health facilities in the United States specializing in the treatment of hemorrhoids and fissures, and colon cancer screening. In addition CRH distributes its hemorrhoid banding technology, treatment protocols, operational and marketing expertise as a complete, "turn key" package directly to its partner physicians. The Company's goal is to establish the CRH hemorrhoid technology as the standard for hemorrhoid treatment.

The information in this news release contains so-called "forward-looking" statements. These include statements regarding CRH Medical expectations, beliefs, intentions or strategies for the future, which may be indicated by words or phrases such as "anticipate", "expect", "intend", "plan", "will", "we believe", "CRH Medical believes", "management believes" and similar language. All forward-looking statements are based on CRH Medical current expectations and are subject to risks and uncertainties and to assumptions made.

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.


'/>"/>
SOURCE CRH Medical Corporation
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Experiences Bring More Joy Than Possessions Do
2. Perceptions and experiences of homeless youth vary by race, UCSF study shows
3. A life with pain -- new study examines the experiences of older people
4. It takes 2 to know 1: Shared experiences change self-recognition
5. Experiences of rape unique to Rwandan women survivors of genocide
6. Motorola Extends the Delivery of Personalized Media Experiences to Hospital Group Generale De Sante
7. PaperThin Experiences Record Growth : Grows Revenues, Expands Channel, and Maintains 95%+ Subscription Renewal Rate
8. Racial and ethnic disparities detected in patient experiences
9. Seniors Gain Experiences of a Lifetime
10. Massachusetts Patients Offer Feedback on Their Experiences With Primary Care
11. Authoritative Report on Emergency Department Experiences Released Today
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/22/2017)... ... 22, 2017 , ... "Photo Cloud allows FCPX users to add favorited photos ... complete ease," said Christina Austin - CEO of Pixel Film Studios. , To ... timeline. Presets include scenes with one, three, four or five focus points. There ...
(Date:1/21/2017)... Boca Raton, FL (PRWEB) , ... January 21, 2017 , ... ... Bump eRaiser, recently attended the January ECRM Trade Show in Hilton Head, SC, where ... an international reputation for the quality of its beauty and wellness products. At this ...
(Date:1/21/2017)... ... January 21, 2017 , ... "ProDOF is the perfect set of tools for video editors ... in a scene," said Christina Austin - CEO of Pixel Film Studios. , Video ... create the illusion of a DSLR racking focus from one area into the next. ...
(Date:1/21/2017)... ... January 21, 2017 , ... Phytocéane invites you to take an ... of the world with ZANZIBAR SHOWER GEL. Inspired by the beauty of Zanzibar, a ... Oil and moisturizing vegetal coral to create this gentle, crystal-clear shower gel to cleanse ...
(Date:1/21/2017)... ... January 21, 2017 , ... Northern California Medical Associates (NCMA) ... their multi-specialty medical group. The dermatology practice provides general dermatologic treatment, outpatient surgery, ... add this excellent dermatology practice to our group’s medical services,” explains NCMA CEO, ...
Breaking Medicine News(10 mins):
(Date:1/19/2017)... YORK , Jan. 19, 2017 ... USD 233.7 billion by 2025, according to a ... market is anticipated to be predominantly driven by ... resulting into the large-scale production of new and ... the influx of drugs at an unprecedented rate ...
(Date:1/19/2017)... 2017 Report Details ... Alzheimer,s Disease Therapeutics ... – our new study reveals trends, R&D progress, and ... affecting the Alzheimer,s disease therapeutics and diagnostics market. Our ... questions: - How is the Alzheimer,s disease therapeutics and ...
(Date:1/19/2017)... 19, 2017 According to a study conducted ... set to witness a CAGR of 6.5% during the forecast period ... will continue to be the leading market for cryotherapy globally during ... ... on ensuring affordable and adequate supply of gas in order to ...
Breaking Medicine Technology: