Thursday, November 20, 2014

Millennium Healthcare Provides Details on Its Diagnostic Devices


Focus on Prevention and Early Care Benefits Both Patients and Providers GARDEN CITY, NY (Marketwired November 20, 2014) - Millennium Healthcare Inc. (OTCQB: MHCC) today provided details on its sales and distribution model as well as an update on Millennium Medical Devices (MMD) as it advances a commercial strategy with efficient use of sales resources and a creative marketing approach. MMD is a wholly owned subsidiary of Millennium Healthcare. Dominic Sartorio, CEO of Millennium Healthcare Inc., noted that, Our third quarter total revenue for the three months ending September 30 was $6.4 million, of which $5.9 million was from the sale of OralCDx® and VasoScan™ diagnostic devices. This is up from the three month total revenue of $0.5 million for the third quarter of 2013, all of which was from physician practice management and other services. The 2014 third quarter was the first full quarter with our strategy to provide exclusive diagnostic devices to primary care physician g
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