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Banyan Corp's Premier Medical Group Recognized as Nation's Leading Electro Diagnostic Testing Centers
Thursday May 3, 8:00 am ET
LOS ANGELES--(BUSINESS WIRE)--Banyan Corporation (OTCBB:BANY - News), franchisors of nationally branded Chiropractic USA clinics, and owner of Premier Medical Group and Virtual Medical Systems, Inc. (VMS), announced that its subsidiary, Premier Medical Group has added 75 new physician groups able offer its unique testing services. This would increase Premier Medical Groups physician data-base to over 4300 in number.
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Michael Gelmon, Banyan CEO, speaking to analysts said that these new physicians, who signed on to Premier's system between January 1st and April 30th, 2007 would add an additional $725,000 in annual revenue. This will allow us to revise upward our estimated yearly revenue to approximately $7.5 million. "These additional physicians, utilizing both our VMS and Premier services, consolidate our position as one of the largest electro diagnostic testing companies in the United States. Banyan continues to outperform our early estimates
Banyan Corp's Premier Medical Group Recognized as Nation's Leading Electro Diagnostic Testing Centers
Thursday May 3, 8:00 am ET
LOS ANGELES--(BUSINESS WIRE)--Banyan Corporation (OTCBB:BANY - News), franchisors of nationally branded Chiropractic USA clinics, and owner of Premier Medical Group and Virtual Medical Systems, Inc. (VMS), announced that its subsidiary, Premier Medical Group has added 75 new physician groups able offer its unique testing services. This would increase Premier Medical Groups physician data-base to over 4300 in number.
ADVERTISEMENT
Michael Gelmon, Banyan CEO, speaking to analysts said that these new physicians, who signed on to Premier's system between January 1st and April 30th, 2007 would add an additional $725,000 in annual revenue. This will allow us to revise upward our estimated yearly revenue to approximately $7.5 million. "These additional physicians, utilizing both our VMS and Premier services, consolidate our position as one of the largest electro diagnostic testing companies in the United States. Banyan continues to outperform our early estimates
