Healthcare Solutions Management Group, Inc., through its wholly owned subsidiary Healthcare Solutions Holdings, Inc. (HSH), operates as an integrated healthcare company.
The company focuses to provide vital services and a care for patients over the course of their lifetime. The company is organized with the focus of becoming an advanced, national healthcare system in the United States, providing clinicians with state-of-the-art diagnostic and therapeutic tools, and providing patients with acces...
Healthcare Solutions Management Group, Inc., through its wholly owned subsidiary Healthcare Solutions Holdings, Inc. (HSH), operates as an integrated healthcare company.
The company focuses to provide vital services and a care for patients over the course of their lifetime. The company is organized with the focus of becoming an advanced, national healthcare system in the United States, providing clinicians with state-of-the-art diagnostic and therapeutic tools, and providing patients with access to a level of care in local communities. The company conducts its operations directly through HSH, and also through its wholly owned subsidiaries within the medical industry, seeking to serve the needs of patients’ and physicians alike.
The company has the following wholly owned operating subsidiaries in the state of Delaware through which it operates its business:
Advance Care Medical Holdings, Inc. is a Delaware, corporation (ACM) which seeks to offer a host of comprehensive care service directly to patients;
HSH Surgical, Inc. is a Delaware, corporation (HSHS), which seeks to own and operate Ambulatory Surgery Centers; and
HSH Medical Services, Inc. (HSHMS) is a Delaware, corporation, which seeks to provide ancillary services directly to physician offices and engage in the sales and marketing of medical products to doctors.
As of September 30, 2021, the majority of HSH’s revenues had been generated through the resales and marketing of medical products, which HSH has done directly at the HSH level using the trade name HSHMS. HSH has formed HSHMS in the state of Delaware, and it plans to conduct all such resale and marketing activities through HSHMS. HSH has also generated revenues through providing consulting services to Managed Service Organizations (MSOs).
HSH provides consulting services to Managed Service Organizations (MSOs) and it plans to establish another wholly-owned operating subsidiary to provide MSOs with both business management, development, and operational assistance. Additionally, HSH intends to become a comprehensive medical incubator and innovation center, dedicated to accelerating development, building businesses, and improving patient outcomes.
Advance Care Medical Inc.
HSH’s wholly owned subsidiary Advance Care Medical Holdings, Inc. (ACM) is a Delaware corporation that seeks to be a direct provider of urgent care and internal medicine services, and all comprehensive care provided by HSH is run through ACM. ACM aims to bridge the gap between urgent family care and the traditional hospital system.
ACM plans to set up comprehensive care services that aim to combine both internal medicine practices with urgent care at numerous locations.
In November 2021, the company, HSH and ACM entered into an Urgent Care Center Development Agreement with Jameson, LLC DBA American Development Partners, a Tennessee limited liability company.
Medical services planned to be provided at these facilities will include, but are not limited to, allergy and immunology; cardiovascular issues; endocrine issues; eyes, ears, nose and throat; gastrointestinal complaints; gynecology and women’s health; infectious illnesses; pediatric complaints; pulmonary complaints; and wound care.
As of September 30, 2021, HSH had completed the construction of facilities in Georgia, Illinois, and Tennessee, and HSH is in the process of completing medical equipment installations at these locations and hiring and training of staff. HSH is in the process of completing construction of facilities in Illinois, Tennessee, Georgia and Utah. The locations are set up under the following names: Advance Care Medical Holdings, Inc.; Advance Care Medical Powder Springs GA, Inc.; Advance Care Medical Alpharetta I GA, Inc.; Advance Care Medical Suwanee GA, Inc.; Advance Care Medical Hiram GA, Inc.; Advance Care Medical Kennesaw GA, Inc.; Advance Care Medical Naperville IL - I, Inc. – this location is staffed, trained and ready to see patients; Advance Care Medical Romeoville IL- I, Inc.- this location is staffed, trained and ready to see patients; Advance Care Medical Buffalo Grove IL, Inc.; Advance Care Medical Aurora IL, Inc.; Advance Care Medical Carol Stream IL, Inc.; Advance Care Medical Fox River Grove IL, Inc.; Advance Care Medical St Charles IL, Inc.; Advance Care Medical Wheaton IL, Inc.; Advance Care Medical Clarkesville TN, Inc. - this location is staffed, trained and ready to see patients; Advance Care Medical Columbia TN, Inc. - this location is staffed, trained and ready to see patients; Advance Care Medical Chattanooga TN, Inc.; and Advance Care Medical Nolensville TN, Inc.
HSH Surgical, Inc.
HSH’s wholly owned subsidiary HSH Surgical, Inc., (HSHS) is a Delaware corporation. HSHS is a physician-centric development and management company of multi-specialty, cardiology focused, ambulatory surgery centers. HSHS seeks to strive to become an ambulatory surgery center (ASC) management and development company focused on partnering with physicians and employees to create an outstanding patient experience. HSHS seeks to partner with physicians to develop, design, build, credential, and then manage ASCs for, and with, their physician partners. HSHS also seeks to work with physicians in a joint-venture relationship with local hospitals or health systems, if it determines that such a relationship is in the interest of the physicians and the ASC.
The company plans that an array of surgical services will be provided through these ASC’s, which are planned to include, but are not limited to, the following: cardiac surgery; vascular surgery; bariatric surgery; colon and rectal surgery; endocrine surgery; general surgery; gynecological surgery; hand surgery; head and neck surgery; hernia surgery; neurosurgery; orthopedic surgery; ophthalmological surgery; outpatient surgery; pediatric surgery; plastic and reconstructive surgery; podiatric surgery; robotic surgery (Da Vinci Robotic Surgical System); thoracic surgery; and urologic surgery.
For each of these services, it is planned that HSHS, will bill accept both private and government insurances, and accept direct payments from patients.
As of September 30, 2021, HSHS has completed the construction of a state of the art Ambulatory Surgery Center in Pine Bluff, Arkansas, and HSHS is in the process of completing construction in Utah and Texas. The locations are set up under the following names: HSH Surgical, Inc.; SARC by HSH, Inc.; SARC by HSH ASC Pine Bluff, LLC; SARC by HSH ASC Blytheville, LLC; SARC by HSH ASC Draper, LLC; SARC by HSH ASC Keller, LLC; and SARC by HSH ASC Lake Jackson, LLC.
HSH Medical Services, Inc.
As of September 30, 2021, the majority of HSH’s revenues had been generated through the resales and marketing of medical products, which HSH has done directly at the HSH level using the trade name HSHMS. HSH does not produce or manufacture its own products or services – rather, it is a third-party reseller of medical products and services, whereby medical companies grant HSH a right, which can be exclusive or non-exclusive, to market, distribute and sell such company’s medical products and services to physician customers in certain regions.
HSH sells products across the U.S. in over 18 states. HSH’s customers are physicians, to which it markets and sells medical equipment, medical devices, laboratory services, and pharmacy services, as well as other services directly to its physician customers.
HSH, now offers, and HSHMS, is planned to offer products and services in the following categories directly to physicians:
Medical Equipment: Examples include but are not limited to back braces with cold therapy, shoulder sling/braces, custom fit full-length knee brace, total joint kit, spine kit, pain patch and others.
Medical Devices: Examples include but are not limited to electrocardiogram (ecg) 3/6/12/18 lead units, interpretative ecg units, electroencephalogram (eeg) monitoring equipment, home sleep monitoring equipment, cardiac monitoring equipment and others.
Laboratory Services: Examples include but are not limited to molecular testing, pharmacogenomic testing, cancer genetic testing, breast cancer/lynch syndrome/colon, molecular pathology, respiratory testing, pathology testing, wound care testing, urine blood wellness testing and others.
Pharmacy Services- Examples include but are not limited to traditional mail order, specialty compounding, 503a/503b opportunities, wholesale, specialty non-opioid, pain, podiatry and others.
Managed Service Organizations
HSH has generated revenues through providing consulting services to Managed Service Organizations (MSOs). HSH has provided consulting services to Managed Service Organizations (MSOs). HSH intends to establish another wholly-owned operating subsidiary to provide Managed Service Organizations (MSOs) with both business management, development, and operational assistance. MSO physician groups operate under a single tax ID to optimize expenses against utilization of services to create a physician practice.
The services HSH intends to offer in through this subsidiary include: facilities management; operational reporting (workflow auditing); billing services; performance evaluations for staff; Laboratory, Pathology, Radiology, Pharmacy, Variety of In-office Ancillary Services; evaluate compliance issues and documentation systems & provide operations oversight to suggest areas of improvement; review accounts payable and accounts receivable - revenue cycle and supply chain management; and liaison between medical office administrators and service providers.
Healthcare Incubator & Accelerator
HSH intends to be a comprehensive medical incubator and innovation center, with a team dedicated to accelerating development, building businesses, and improving patient outcomes.
HSH plans to work to diligently to identify High Growth Healthcare Companies (HGHCs) that are candidates for the public market. In this capacity, the company seeks to: leverage HSH’s relationships, assets, and experience to develop HGHCs.; grow HGHCs by utilizing banking relationships to facilitate acquisitions; and assist to and launch HGHCs to public markets.
Sales and Marketing
HSH utilizes third-party marketing agencies for its sales and marketing activities.
HSH has engaged Hearst Media Services - a full-service marketing/communications and technology firm that is delivering targeted multi-channel programs and services – to assist the company with its digital marketing strategy.
Governmental Regulation
All of the company’s comprehensive care locations need to be licensed with the Centers for Medicare and Medicaid Services and state medical boards along with all of the physicians and nurse practitioners that are providing the medical care.
The company’s operations and relationships with healthcare providers, such as doctors, MSOs, hospitals, other healthcare facilities, and healthcare professionals are subject to extensive and increasing regulation by numerous federal, state, and local government entities. These laws and regulations often are interpreted broadly and enforced aggressively by multiple government agencies, including the U.S. Department of Health and Human Services Office of the Inspector General, the U.S. Department of Justice, Centers for Medicare and Medicaid, and various state authorities.
The Federal Trade Commission primarily oversees compliance with the federal laws relevant to the company, while state laws are addressed by the state attorney general or other respective state agencies.
Competition
The company’s primary competitors are HCA Healthcare, Texas Health Resources, UT Southwestern Medical Center, Tenet, DaVita and VCA.
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