Major Insurance Carrier Now Reimbursing for Fresh Start Private Program
LOS ANGELES, CA--(Marketwired - Oct 8, 2013) - Fresh Start Private Management, Inc. (OTCQB: CEYY) announced today that the California clinic using the Fresh Start Private program has begun receiving insurance reimbursement payments from another major insurance carrier. The clinic had been receiving sporadic payments from a couple of other carriers, but this latest carrier is one of the largest in the country covering over a dozen US states and is very predominant in the state of California. This will allow for more people to be treated in those states as the company expands, which would result in exponential revenue growth in the months and years ahead.
"This is what we have all been waiting for and this is huge for Fresh Start Private since the California clinic reports that 9 out of 10 patients they treat are covered by this particular carrier. This should allow the clinic to finally be paid for all of the old claims that were bottlenecked in the system, creating an immediate cash infusion in the current quarter. From there, we should experience a more consistent and growing revenue stream as marketing is ramped up as we finish the year and move into 2014," stated Kent Emry, CEO of Fresh Start Private. "As we continue to grow as a company, these reimbursements will enable us to achieve not only our short term expansion goals, but lead us toward our long-term vision of providing the most effective alcohol treatment to the masses. I'm excited."
About Fresh Start Private
Fresh Start Private Management, Inc. (OTCQB: CEYY) is an alcohol treatment and rehabilitation company on the leading edge of alcohol addiction treatment. The company has developed a highly effective program consisting of two main components used by various alcohol addiction clinics in the US. Clinic reports show that the treatment program has an 85% success rate with individuals that complete the program. The first component of the program consists of an outpatient implant procedure performed by a licensed physician that delivers targeted, therapeutic levels of the drug Naltrexone, an opiate antagonist that significantly reduces physical cravings for alcohol, into the body. The second component of the program developed by Fresh Start Private is a one on one counseling program specifically tailored for the treatment of alcoholism. For more information on CEYY, please visit www.freshstartprivate.com
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