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April 13, 2005

HBSG secures medical billing contract with pain management center

Upland, California-based Healthcare Business Services Groups has secured a medical billing contract with a large multi-specialty medical clinic and pain management center in a move that could earn the company total revenues of over $4m.

By CBR Staff Writer

Healthcare Business Services Groups (HSBG) views the contract as an opportunity to help promote its full service medical billing suite AutoMed and assist in its future operations of surgery centers.

We have successfully been able to increase revenues for our clients between 50% and 200% with our customized billing program and diligent follow-up programs, said Chandana Basu, CEO of HBSG. Such a large contract is significant to the company and its investors as it represents near and long-term cash flow and the strong upside potential of HBSG.

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