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IBXG take a look

IBXG is a results-oriented company with three integrated divisions Healthcare Transaction Services, Physical Therapy & Occupational Medicine, and Technology/Information Services. . IBXG has established a strong market niche in the area of Healthcare Transaction Services. . IBXG recently began managing its largest receivables management project ever totaling $39 million from Intracoastal Health Systems, Inc. of West Palm Beach, Florida. . IBXG has implemented a clear-cut strategic plan to expand its capabilities in the area of Physical Therapy and Occupational Medicine . IBXG has developed and recently commenced marketing an innovative web-based inventory management application for the $1.5 billion durable medical equipment (DME) industry. . IBXG has developed and deployed a proprietary online consumer medical records service throughout the U.S. The technology is being utilized by several affinity groups, including one of the largest credit card companies in the world. . IBXG's internal compliance program has been certified as meeting all current requirements of the Federal Health Insurance Portability and Accountability Act (HIPAA)

REASONS TO INVEST IN IBXG[/B]


1) Situated in a market that has grown year-over-year since the turn of the century. IBXG has had a 37% year over year growth rate this decade. Procuring services, products, and patient placements in the healthcare industry is growing at a fast rate....




2) It has become so important that our government has earmarked billions of dollars for this industry.

Five years after President Bush announced plans for Americans’ health records to go digital and didn’t provide enough money to make it happen, only one in five doctors has converted from paper to electronic record keeping.” But, this could soon change, since President Barack Obama has “promised a $50 billion investment to store patient records electronically. His economic stimulus package is expected to contain two year’s worth of funding, or about $20 billion.” The funds “would be distributed to hospitals and doctors through grants, and through higher reimbursement rates when serving Medicare patients.” Notably, “for doctors who do not make the switch, Obama will propose lowering reimbursements from government-subsidized healthcare programs.” According to Kara Calvert, director of government relations for the Information Technology Industry Council, “They’re talking about real dollars that will make a big impact on adoption.”





3) IBX has 5 different divisions for revenue purposes.

IBX operates under five divisions:

o IBX TECHNOLOGIES, which enables healthcare organizations to maximize
their accounts receivables;

o FLORIDA HEALTHSOURCE, a network of physical therapy and wellness
centers;

o MEDICOMPLIANT SOLUTIONS, which ensures medical practices' compliance
with today's complex legal requirements;

o IBX TRANSCRIPTION SERVICES, which offers physicians quick turn-around
and Web-accessible progress reports;

o NURSESSTAT, which deploys leading-edge staffing administration
technology to healthcare facilities and provides cost-effective
temporary staffing solutions.





4) IBX Group has currently 2 contracts in place that account for $39 million in revenues.

Source: Naples Sun Times Local News East Sector

"Local state company signs contract with Florida hospital"

The IBX group has signed a multi-year contract to provide hosting and processing of medical claims for New Osceola Medical Center.

CELEBRATION, FL – August 18, 2008 – The IBX Group Inc.(IBXG OTCBB) is underway on their installing and training their state of the art billing and processing software in conjunction with their newly signed contract with NOMC. Based in Deerfield Beach Fla with an office in Clearwater, IBX is a leading health care processer in Central and Southwest Florida.

Under its contract with The Turner-Whiteng Contracting Company, IBX will supply and install their health care software and directly handle all medical claims and billing at the Osceola Medical Center. The initial project is scheduled for completion in October 2008, with billing practices starting in November 2008.

“State-of-the-art billing and patient record systems are a complex and essential component of today’s critical hospital environments. We are pleased to work on a project that will bring healthcare facilities to our community,” said William M. Dillard, Chief Executive Officer of NSMC.

Details of the contract have not been officially released, but experts predict more then $45 million pass through the NSMC system on a yearly basis. Average payout for claims processers in 2007 exceeded 12%.







5) IBX Group is currently in good standing with the FDA. Last updated on 6-18-2009. IBXG still haS the rights to acti patch which is fda approved that relieves muscle cramps and inflamation which is used in physical therapy treatments in rehab facilities and nursing homes across the country

http://www.fda.gov/AboutFDA/WorkingatFDA/Ethics/ucm079712.htm






6) They have a pharmacy license that went along with their purchase of a Pulmonary group that does respiratory therapy this allows them to take advantage of alot of medicare and medicaid billing for out patient services. With the increasing age of our population each year, this will naturally increase revenues.





7)IBX Group is in good standing with the Florida Board of Pharmacy they also own a closed door pharmacy that services 89 nursing homes the average nursing home in America is 110 Beds thats 9790 patients getting and recieving medication daily now take in consideration what kind of Medication list this patient base has, the average patient is on 1200 dollars a month worth of medication thats HUGE in terms of revenues.





8) IBXG once traded at a high of $.70

http://sec.edgar-online.com/ibx-group-inc/sb-2-securities-registration-small-business/2002/06/18/Section13.aspx





9) Pending mergers?

http://money.cnn.com/news/deals/mergers/reports/506588020.html






10) Great Share Structure

Outstanding Shares: 190 million
Float: 55 million


11) PPS VALUATION:

At a PE of 1, the PPS would be $.205

At a PE of 4, the PPS would be $.82

At a PE of 7, the PPS would $1.44


POTENTIAL!!!!!!!!!



Other links:

http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ric=IBXG.PK