Certive Solutions Inc.
CNSX : CBP

Certive Solutions Inc.

August 07, 2014 09:25 ET

Certive Solutions Inc. (CSE:CBP) Announces Interim Report to Shareholders for July 2014

SCOTTSDALE, ARIZONA--(Marketwired - Aug. 7, 2014) - The Board of Directors of Certive Solutions Inc. (CSE:CBP) (the "Company") wishes to provide shareholders with the results from operations for the month ended July 31, 2014.

For the month ended July 31, 2014, the Company recorded gross revenues of USD$238,207 compared to gross revenues for the month of June of USD$214,387, an increase of USD$23,820 or 11% over the preceding month.

The Company collected cash in the aggregate amount of USD$336,286 for the month ending July 31, 2014, an increase of USD$88,950 or 36% over the month of June.

In addition, the Company has generated gross collection and billing fees of USD$201,259 from July 11, 2014 to July 31, 2014, that will be invoiced on August 10, 2014.

Van Potter, CEO of the Company commented that "these outstanding results from operations are the direct result of the dedication to excellence contributed by all of our staff. I would like to congratulate our team on a job well done."

ON BEHALF OF THE BOARD OF DIRECTORS OF CERTIVE SOLUTIONS INC.

Van Potter, President, CEO, Director

About Certive Solutions Inc.

Certive Solutions Inc. (Scottsdale, Arizona) provides cloud revenue cycle management solutions to U.S. hospitals, delivered collaboratively, utilizing proprietary workflow document management and analytics technologies tailored to health care business processes. Certive is currently focused on the denied claim segment of revenue cycle management. Certive's solutions enhance the efficiency and effectiveness of denied claims recovery in a revenue sharing relationship that improves hospital net operating results.

The forward-looking information contained in this press release is made as of the date of this press release and except as required by applicable law, the company does not undertake any obligation to update publicly or to revise any of the included forward-looking information, whether as a result of new information, future events or otherwise. By its very nature, such forward-looking information requires the company to make assumptions that may not materialize or that may not be accurate. This forward-looking information is subject to known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such information. Neither the company nor the Canadian Securities Exchange accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Certive Solutions Inc.
    Scott Thomas
    Vice President, Market Functions
    480-228-5881

    Certive Solutions Inc.
    Brian Cameron
    Chief Financial Officer
    480-922-5327
    bcameron@certive.com