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Posted On: 05/26/2020 10:29:40 AM
Post# of 145202
$VGTL !!! April 10, 2020 / Strategic Healthcare Alliances. LLC is currently doing business in New York City. Strategic Healthcare Alliances, LLC's mission is to acquire primary care physician practices, aggregating a significant number of health plan members assigned to the practices as the member's PCP. They will then negotiate value-based contracts providing the company with global risk contracts, which pay a high percentage of the total premium as revenue, with the health plans who have members assigned to the physicians in the practices acquired. Through the practice management team's broad and deep experience managing primary care practices, significant economies of scale will be achieved through operational activity consolidation.
Strategic Healthcare Alliances, LLC also contains a managed care management team of former health plan executives, CEOs, COOs, CFOs, CMOs, as well as VP level executives. This team will engage with their health plan counterparts, demonstrating significant experience in managing the cost of care, and securing global risk contracts, generating revenues based on a significantly high percentage of the total premium for each member. The initial membership aggregation is expected to result in care management revenues in excess of $100 million, generating a significant additional profit for the company, expected to double the EBDITA of the company with a small additional investment, since the members are already assigned to the primary care physicians of the consolidated group.
Strategic Healthcare Alliances, LLC. plans to implement its mission by leveraging the already existing relationships of its management teams, engaged at the appropriate times, first practice management then managed care management.
Pursuant to the Acquisition and Merger Agreement, a new class of preferred shares will be issued by VGTeL Inc. (OTC PINK:VGTL) as consideration for the acquisition of 96% of Strategic Healthcare Alliances, LLC's issued and outstanding shares. In addition, Mark B. Newbauer will Immediately resign as CEO but remain as on officer and director for a three-month period to assist in the transition.
Strategic Healthcare Alliances, LLC also contains a managed care management team of former health plan executives, CEOs, COOs, CFOs, CMOs, as well as VP level executives. This team will engage with their health plan counterparts, demonstrating significant experience in managing the cost of care, and securing global risk contracts, generating revenues based on a significantly high percentage of the total premium for each member. The initial membership aggregation is expected to result in care management revenues in excess of $100 million, generating a significant additional profit for the company, expected to double the EBDITA of the company with a small additional investment, since the members are already assigned to the primary care physicians of the consolidated group.
Strategic Healthcare Alliances, LLC. plans to implement its mission by leveraging the already existing relationships of its management teams, engaged at the appropriate times, first practice management then managed care management.
Pursuant to the Acquisition and Merger Agreement, a new class of preferred shares will be issued by VGTeL Inc. (OTC PINK:VGTL) as consideration for the acquisition of 96% of Strategic Healthcare Alliances, LLC's issued and outstanding shares. In addition, Mark B. Newbauer will Immediately resign as CEO but remain as on officer and director for a three-month period to assist in the transition.
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