Crdentia Announces Pilot Program Agreement With Children's Hospital & Regional Medical Center of Seattle
November 07 2006 - 6:00AM
PR Newswire (US)
Company to Offer Medically Supervised Weight Management Program to
Large Regional Employer DALLAS, Nov. 7 /PRNewswire-FirstCall/ --
Crdentia Corp. (OTC:CRDT) (BULLETIN BOARD: CRDT) , a leading U.S.
provider of healthcare staffing services, today announced that
Sound Health Solutions has signed an agreement with Children's
Hospital & Regional Medical Center of Seattle (Children's) to
offer a medically supervised weight management pilot program to
Children's employees and spouses beginning in January 2007. Sound
Health Solutions is a wholly owned subsidiary of iVOW, Inc., which
in a previously announced transaction, is being acquired by
Crdentia. Sound Health Solutions provides a nationally acclaimed
weight management program for individual patients and also serves
as the preferred provider for corporations. Under terms of the
agreement with Children's, the pilot program is limited to the
first 50 Children's employees, spouses or domestic partners who are
enrolled in one of Children's medical plans. The program is open to
participants with a Body Mass Index (BMI) greater than or equal to
27 with two co-morbidities; or a BMI greater than or equal to 30.
The program requires 24-weeks of in-clinic participation followed
by one year of maintenance through an interactive web based
program. In addition, each program has 5 years of clinical
follow-up. Children's will cover a majority of the treatment costs
for participants. Jim Durham, Crdentia's Chairman and CEO,
commented, "We are pleased to announce that Sound Health Solutions
will be working with employees of Children's Hospital &
Regional Medical Center of Seattle to offer a pilot weight
management program. Rising health care costs are a concern for all
corporations, and obesity is a significant contributor to increased
costs and chronic disease. Children's is among a growing number of
progressive employers to recognize the positive impact of
conservative intervention on employee health and the compelling
return on investment that can be generated by programs from Sound
Health Solutions." Seattle-based Sound Health Solutions offers
customized medically managed weight loss programs for obese
patients. Sound Health Solutions' four-pronged program offers help
in the following areas: * Physician Supervision -- Sound Health
Solutions' medical doctors develop programs, evaluate patients and
communicate with primary care providers. * Exercise -- Sound Health
Solutions offers one-on-one sessions with highly qualified and
certified personal trainers in a private, clinical setting. *
Nutrition Education -- Sound Health Solutions' Registered
Dieticians and Certified Diabetic Educators develop individualized
approaches to help patients focus on healthful eating patterns for
a lifetime, rather than temporary calorie and food restrictions. *
Behavior Change -- Sound Health Solutions' licensed Clinical
Psychologists and Mental Health Counselors help patients replace
unhealthy habits with healthy ones in order to create a more
positive lifestyle. Sound Health Solutions works with individual
patients and also serves as the preferred provider of
weight-management services for corporations. Since 1999, Sound
Health Solutions has provided weight-management services to
Microsoft Corporation and has treated hundreds of employees over
that time. The weight-management program developed by Sound Health
Solutions and Microsoft was subsequently administered by Premera
Blue Cross, Microsoft's health-benefit administrator. Resent
results from the Sound Health Solutions / Microsoft weight
management program, including the program's return on investment,
were presented earlier this summer at the Practical Approaches to
the Treatment of Obesity Conference held at Harvard University. In
2005, this weight-management program was recognized as an
innovative, forward-thinking strategy in the fight against obesity
by the National Institute of Health Care Management, a non-profit,
non-partisan health care management research and educational
foundation. About Crdentia Corp. Crdentia Corp. is one of the
nation's leading providers of healthcare staffing services.
Crdentia seeks to capitalize on an opportunity that currently
exists in the healthcare industry by targeting the critical nursing
and allied shortage issue. There are many small, private companies
that are addressing the rapidly expanding needs of the healthcare
industry. Unfortunately, due to their relatively small
capitalization, they are unable to maximize their potential, obtain
outside capital or expand. By consolidating well-run small private
companies into a larger public entity, Crdentia intends to
facilitate access to capital, the acquisition of technology,
providing greater diversity of client services and expanded
distribution that, in turn, drive internal growth. For more
information, visit http://www.crdentia.com/. Forward Looking
Statements Statements contained in this release that are not
historical facts are forward-looking statements that involve risks
and uncertainties. Among the important factors which could cause
actual results to differ materially from those in the
forward-looking statements include, but are not limited to, those
discussed in "Risk Factors" in the Company's Forms 10-KSB, Forms
10-QSB, and other filings with the Securities and Exchange
Commission. Such risk factors include, but are not limited to, a
limited operating history with no earnings; reliance on the
Company's management team, members of which have other business
interests; the ability to successfully implement the Company's
business plan; the ability to continue as a going concern; the
ability to fund the Company's business and acquisition strategy;
the growth of the temporary healthcare professional staffing
business; difficulty in managing operations of acquired businesses;
uncertainty in government regulation of the healthcare industry;
and the limited public market for the Company's common stock. The
actual results that the Company achieves may differ materially from
any forward-looking statements due to such risks and uncertainties.
We undertake no obligation to revise or update publicly any
forward-looking statements for any reason. AT THE COMPANY: AT
FINANCIAL RELATIONS BOARD: James D. Durham Lasse Glassen Chairman
and CEO 310-854-8313 972-850-0780 DATASOURCE: Crdentia Corp.
CONTACT: James D. Durham, Chairman and CEO of Crdentia Corp.,
+1-972-850-0780; or Lasse Glassen, +1-310-854-8313, , for Crdentia
Corp. Web site: http://www.crdentia.com/
Copyright