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 â€œCARExpress.â€ CARExpress is comprised of over 1,000,000 medical professionals that belong to PPOs such as CareMark and Aetna.
National Health Partners announced that it expects to generate positive cash flows from operating activities of almost $100,000 during August. This represents the first time in the company’s history that it has achieved positive cash flows from operating activities for a full month.
The company also announced that it expects revenue for its third quarter ended September 30, 2009 to increase almost 100% from the revenue generated in the second quarter of 2009. The company expects that revenues for the fourth quarter of 2009 is expected to grow even further â€“ an increase of between 50% and 100% from the revenue generated in the current third quarter.
The company’s billings have been increasing substantially during its third quarter due to the success of its internet marketing campaign. The internet marketing campaign brought in a record number of new members during the month of July.
President and CEO of National Health Partners, David M. Daniels, said, â€œI am very excited about the prospect of generating positive cash flow from operations during the month of August and for our fourth quarter. We are currently preparing a new internet marketing campaign that will be much larger than our current campaign that we will roll out in a couple weeks.â€
Mr. Daniels continued, â€œWe are coming off of the best month in our company’s history. The combination of our quickly growing revenue with our low cash out-flows will provide us with outstanding financial results during the remainder of 2009 and continuing into 2010.â€