Kaire Holdings, Inc Signs 6 Facilities to New Specialized Pharmacy Care Program for Board and Care Facilities
Wednesday January 29, 12:48 pm ET
LOS ANGELES, CA --(INTERNET WIRE)--Jan 29, 2003 -- Kaire Holdings, Inc (OTC BB: KAHI), announced Sespe Pharmacy has launched a new specialized pharmacy care program designed specifically for bed and care facilities. The new Sespe Pharmacy program provides specialized medication packaging, medication scheduling and tracking, regulation compliance, along with training programs for the proper dispensing of medications as well as processing of patient insurance claims. In addition, the program provides patients with nutritional products, medical supplies and durable medical equipment.
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Kaire CEO Steven Westlund stated, "We are pleased to report that we have signed 6 facilities to the program since the beginning of the year that total approximately 50 patients. We anticipate signing 12 additional facilities during the remainder of the first quarter increasing the total number of patients to 150. This program is expected to generate significant revenues for the company with average gross profit margins above 25%. The program will have an immediate effect. We estimate first quarter revenues will increase by more than 50% over the current $3,500 per day sales."
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