Mr. Scott Thomas reports
CERTIVE ANNOUNCES NEW HOSPITAL CLIENT
Certive Solutions Inc. has provided the following updates:
New client -- Certive's subsidiary, Certive Health Revenue
Solutions (CHRS), was awarded a contract to provide lost charge recovery (LCR) services
and DRG review and revenue integrity services to a large county hospital in the Midwestern
United States. To provide these services, Certive is partnering with a health care company that is
a minority business enterprise (MBE). Certive intends that a continuing relationship with this
partner should provide further connectivity and opportunities with other health care systems in the
region. Certive has continued to focus on leveraging its growing number of business development
advisers, and their connectivity with hospital systems around the United States, to expand its
sales pipeline.
DRG review and revenue integrity services allow clients to review DRGs (diagnosis-related
groups) on a real-time, prebill basis to determine and enable revenue integrity for Certive's
hospital clients.
Certive's current $1-million offering update -- Certive's current offering to raise working capital, as
recently amended, is a non-brokered private placement raise of $1-million consisting of 40
$25,000 units. Each unit consists of: a) 312,500 shares of the company's common stock at a
deemed value of eight cents/share; b) 156,250 share purchase warrants to acquire additional common
shares of the company, which are exercisable for two years at 14 cents/share; and c) funds
received under this offering will accrue simple interest through the offering's closing at 10 per cent per
annum. Accrued interest will be settled at closing with additional shares of the company's
common stock at a deemed value of eight cents/share. During the past 75 days, the company received
$175,000 of funds intended for this offering. Scott Thomas, senior vice-president, stated: "We are
excited that our fundraising efforts are accelerating; Certive is utilizing this capital to expand our
relationships, develop new solutions for our clients and deploy technology-driven initiatives in the
communities we serve. It is inspiring how supportive our investors have been and the individual
efforts they are making to add to Certive's connectivity with new partners and clients."
About Certive Solutions Inc.
Certive Solutions (Scottsdale, Ariz.) is currently 100 per cent focused on the operations and value
proposition of its wholly owned subsidiary, Certive Health Inc., and its subsidiaries Certive Health
Revenue Solutions and Certive Health Compliance Solutions. With identical board of directors,
management, advisory council, mission and vision, Certive Solutions is strategically positioned
as a public company. All advisers and board members are investors in the company and all have
significant networks. Their collective experience, expertise and relationships are the people equity
upon which the company was founded. Certive Health's vision is making the $3.7-trillion
health care market better by applying its people equity and capital to create new technologies
and solutions for the health care communities it serves. Certive Health's revenue cycle services
assist hospitals with the complexity of the reimbursement process and improve their financial and
quality performance. Certive Health's cybersecurity solutions allow health care providers to
protect their networks, their data and their patients from malicious agents and aggressors.
We seek Safe Harbor.
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