My Healthy Access Inc. (fka MYHA)

[skeptic0]

I agree it needs more volume. The co. also needs to begin to show more revenue generated from the Prescription Business. I too would like to know how many clinic(s) and how they plan to fund. Only play what you can afford to loose. I just think this looks stronger than the last WalMart announcement (LOI). I tried to call last Friday and Theodis Ware [phone]
was at offsite mtgs. all day. I will attempt to call tomorrow. Others may want to do the same. At this pt., I'm digging for info myself.

From the 10K here's info for RX's

http://edgar.brand.edgar-online.com/fetchFilingFrameset.aspx?FilingID=4600452&Type=HTML

One potential source of revenue for us is related to new Federal Medicare regulations which require that Medicare prescriptions be generated electronically. These regulations took effect in January 2006 and are required to be fully implemented by 2009. We have formed a strategic partnership with VipMedRx, Inc., (VMRx), which provides e-prescription software to doctors. The VMRx software package provides drug cross-checking, access to patient records and the ability for a patient to request that his or her medicine be delivered to the home or office. When the patient requests home or office delivery, RxFS will be offered as the preferred pharmacy. Upon receipt of an order, we will fill the prescription and deliver it to the patient.

VMRx has initiated a relationship with the NMA, a national organization of 22,000 minority doctors who have elected to retain VMRx as their preferred vendor of e-prescription solutions. The majority of these doctors are general practitioners and internists whose practices are in urban communities. We believe that our affiliation with this organization will lead to an increase in prescriptions being filled by RxFS. We project market penetration of 10% within this group of doctors by the end of 2007.

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Another potentially significant relationship for RxFS is The National Black Chamber of Commerce (NBCC), an organization dedicated to the economic support of African American communities with 190 affiliated local chapters throughout the nation and dedicated to economically empowering and sustaining African American communities through entrepreneurship and capitalistic activity within the United States. The NBCC represents approximately 95,000 minority-owned businesses and provides an advocacy that reaches over 1 million small businesses. The NBCC is a nonprofit organization.

RxFS anticipates it will be selected to provide the pharmacy benefit management for the NBCC healthcare program covering 280,000 members. When implemented this program will offer healthcare benefits, mail order prescription benefits, and a retail pharmacy network of over 53,000 U.S. pharmacies. Acting as the pharmacy benefit manager (PBM) for this organization, RxFS could potentially manage over 14,000 retail prescriptions per day and fill over 1,000 mail order prescriptions per day.