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ReBuilder Medical Technologies, Inc. Announces Medicare Billing Ability for its ReBuilder Product

Posted : Wed, 23 Sep 2009 16:40:10 GMT
Author : ReBuilder Medical Technologies, Inc.
Category : Press Release
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CHARLES TOWN, W.Va., Sept. 23 ReBuilder-Medicare

CHARLES TOWN, W.Va., Sept. 23 /PRNewswire-FirstCall/ -- ReBuilder Medical Technologies, Inc. (Pink Sheets: RBRM) a provider of novel electronic treatments for the pain resulting from peripheral neuropathy and arthritis today announced that it has received full accreditation as a Medicare provider for Medicare claims for the ReBuilder.

(Logo: http://www.newscom.com/cgi-bin/prnh/20061128/REBUILDERLOGO)

Physicians all over the U.S. are now using the ReBuilder as their first choice for the treatment of leg pain. Many of them are not registered with Medicare so they cannot provide the ReBuilder to their patients with Medicare.

"Now that we can bill Medicare directly," said David Phillips, Ph.D. CEO, "customers who want a ReBuilder can now use their Medicare benefits. This means that with their secondary insurance, our customers will have little or no money to pay out of pocket. This may result in an immediate 4-fold increase in sales."

Additionally, Dr. Phillips reports: "We are now accepting Medicare business and we began to submit claims last Friday, Sept 18, 2009."

Finally, Dr. Phillips told reporters today: "We have waited a long time to get into this exciting phase of our business. Already we are flooded with new orders."

Inquiries can be made at www.rebuildermedical.com.

Safe Harbor: This letter contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the ability of the Company to successfully implement its turnaround strategy, changes in costs of raw materials, labor, and employee benefits, as well as general market conditions, competition and pricing. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this letter will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as representation by the Company or any other person that the objectives and plans of the Company will be achieved. In assessing forward-looking statements included herein, readers are urged to carefully read those statements. When used in the Annual Report on Form 10-K, the words "estimate," "anticipate," "expect," "believe," and similar expressions are intended to be forward-looking statements.

SOURCE ReBuilder Medical Technologies, Inc.


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