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PPJ Enterprise Announces Three Negotiated PBS Medical Billing Agreements in Greater Phoenix Area

^{Published on 2009-11-06 09:36:13 - Market Wire}
 

RENO, NV--(Marketwire - November 6, 2009) - PPJ Enterprise (PPJ) (PINKSHEETS: [ PPJE ]), a leader in proprietary automated health care reimbursement cycle (all specialties), online health information digital systems and practice information management digital system software for health care providers and general businesses worldwide, has announced that its subsidiary Professional Billing Service (PBS) has signed two large and one moderate sized medical billing and collection contract with clients practicing in the Greater Phoenix, Arizona area.

PBS Marketing representatives spent the greater half of this week developing many of the leads that were obtained from the American Pain Society Conference held last month, three contracts have been negotiated to service two ambulatory surgery centers and one pain management physician billing.

One client in particular has been struggling with its billing issues in that its President stated that there are in excess of $3 million in unbilled cases from the past nine months. PBS is very experienced in surgery center billing and will be able to not only improve their profitability outlook for 2010, but will assist in the recovery of reimbursed revenues from previously performed cases as well. The addition of these clients will greatly increase the prosperity of PBS in 2010.

Representatives from PBS will be visiting Phoenix next week to begin the billing transition process; the official contract start date will begin on November 15, 2009 or soon after.

PPJ Enterprise is traded under the symbol PPJE.PK

About PPJ Enterprise:

PPJ Enterprise (PINKSHEETS: [ PPJE ]) is a leading provider of comprehensive, full-service medical practice management software. The company believes its proprietary application is the only fully automated medical billing and practice management system in the U.S. today.

For more information please contact: PPJ Enterprise Management at (775) 348-5735, website: [ www.ppjenterprise.com ], email: [ pm@ppjenterprise.com ].

Forward-Looking Statements

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risk and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forwarding-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect."