Somatic Systems, Inc. to Begin Treating Military and Veterans in February
15 Januar 2009 - 2:00PM
Marketwired
Somatic Systems, Inc. (PINKSHEETS: SMAS) is proud to announce that
next month, the company will begin its treatment program for
military veterans.
Somatic Systems will begin providing service for US military
veterans in the second half of February. The first region for the
program will be the Denver, Colorado area, and will operate as a
part-time, limited availability program as an initial launch phase
before full-time full service operations begin. Service will begin
with veterans, and then progress to military dependents and active
personnel.
Talks are currently underway with the Veterans Administration
and Tricare, the military health insurance plan, regarding
implementation details of insurance coverage reimbursements for the
services. Currently, the company expects the first phase of
insurance implementation to be partial reimbursement before
progressing to maximum reimbursement rates.
This is a major step in the Somatic Systems' efforts to
implement large-scale treatment of the 70 million soldiers,
veterans, and dependents in the military health care system using
its advanced Clinical Somatics pain care and injury treatment
methods. Somatic Systems obtained military contractor status in
October and registration in the National Provider registry this
month. The expected course of this progress is full military
approval and health coverage for Somatic Systems' Clinical Somatics
treatments, clinics, practitioners, and treatment service
programs.
In addition to implementing services to help military veterans
in need, the Denver program will provide opportunities to
demonstrate a variety of larger implementation scenarios and range
of options and benefits of the Clinical Somatics pain and injury
treatment system to a broad audience of decision makers -- to
promote further growth of Somatics within the military.
The company will continue to disclose information about the
program as it progresses, including clinic locations, schedules,
reimbursement rates and program contracts, and demonstration event
dates.
The Military Chronic Pain Crisis
In October, Somatic Systems announced it was working to provide
its proprietary Clinical Somatics pain-care services for US
military hospitals and the Veterans Administration. In addition to
seeking in-house arrangements at bases and facilities, the company
is preparing to rollout multiple clinics at military base locations
throughout the US, to provide easy access to Clinical Somatics
services at a time when the US military is strongly seeking
satisfactory pain treatment solutions such as Clinical Somatics --
and following a wave of legislation including the Military Pain
Care Act of 2008, which requires the Department of Defense,
Veterans Affairs, and Health and Human Services and the Surgeon
General of the United States to implement and maintain a pain care
initiative in all military health care facilities and for all
active and retired military personnel, dependents, and
survivors.
Nearly 26 million living Americans have served in the military,
and pain is the most common symptom and cause of disability amongst
veterans, with more than 40% of returning service members reporting
musculoskeletal pain-related problems and symptoms. Additionally,
long-term sufferers as well as family members and other dependents
of all ages also face pain and other musculoskeletal problems; and
this population totals over 70 million people, served by the
Veterans Administration. In the face of this, military officials,
medical authorities, and government officials have reported
frustration that the military does not yet have a satisfactory pain
care program in place.
About Somatic Systems, Inc.
Somatic Systems is the worldwide center for Clinical Somatics?,
the groundbreaking drug-free, non-surgical approach to pain relief.
This proprietary system uses natural, non-invasive movement
techniques -- conducted through one-hour hands-on sessions,
therapeutic exercises classes, and home exercises lasting as little
as 5 minutes a day -- to relieve pain and limitation resulting from
accident, trauma and repetitive stress, including back pain, knee
pain, joint problems, carpal tunnel syndrome, TMJ, scoliosis,
bursitis, sciatica, headaches, tendonitis and more. Clinical
Somatics(TM) also provides performance gains and injury prevention
for casual and professional athletes.
Somatic Systems is pursuing a 3-part growth strategy, consisting
of a nationwide rollout of pain management Somatics Clinics;
increased production and distribution of therapeutic videos, books,
and other retail self-help Somatics Products; and expanded Somatics
Training Programs to supply Clinic practitioners serving medical
and orthopedic professionals and institutional and corporate
programs. The company operates a suite of web sites offering
Somatics information, products, resources, and opportunities, at
www.somatics.org.
Safe Harbor Act: This release includes forward-looking
statements made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995 that involves
risks and uncertainties including, but not limited to, the impact
of competitive products, the ability to meet customer demand, the
ability to manage growth, acquisitions of technology, equipment, or
human resources, the effect of economic business conditions, and
the ability to attract and retain skilled personnel. The Company is
not obligated to revise or update any forward-looking statements in
order to reflect events or circumstances that may arise after the
date of this release.
Contact: For more information visit http://www.somatics.org or
contact: Investor Relations 1 877 586-2555
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