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UND Acquires ProtectionPlus in Ongoing Effort to Reduce Nuclear Stress Testing Costs for Physicians
Date:6/3/2010

Executive Officer of UND. "The combination with ProtectionPlus will further strengthen our abilities to lower testing costs for healthcare practices, which given the reimbursement rate cuts and insurance issues, has become a primary focus for many Cardiology practices and hospital systems. Importantly, the combined company will have ample opportunities to offer even further savings to the provider as UND seeks to eliminate all excessive costs associated with nuclear stress testing, making nuclear stress testing both more affordable and profitable. “

Mr. Soffer continued, "UND is proud of its more than 15-year record of commitment to high quality nuclear stress testing services and achieving outstanding patient satisfaction and financial results for our practice/clients, and this transaction - which we expect to bring about even further significant savings - will help us continue to deliver even stronger results and increased profits for our physicians and hospital clientele. Assisting healthcare providers (doctors, administrators, hospitals, imaging centers) reduce testing costs, increase revenue while improving patient care remains our focus and what UND’s primary function is all about.”

"On behalf of ProtectionPlus and the board of directors, we are pleased to have reached an agreement that will enable us to deliver even more significant and much needed savings to our clients," said Nicole Jones, Director of Operations of ProtectionPlus. "After conducting a thorough review of potential partners, we made a specific choice to become an important part of an established and highly respected healthcare industry leader such as UND."

The combination is among the most significant of its kind, arriving in a timely manner as Physicians and facilities have seen a 20% reduction in reimbursement rates as well as declines in authorizations. Utilizing a 52 point check list, efficiency processes and the i
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UND Acquires ProtectionPlus in Ongoing Effort to Reduce Nuclear Stress Testing Costs for Physicians 
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