Fort Lauderdale, FL, Sept. 12, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- MediXall Group Inc., (OTCQB: MDXL), creator of MediXall.com, a new generation healthcare marketplace platform designed to address the growing need of self-pay and high deductible consumers for greater transparency and price competition in their healthcare costs, is pleased to announce the signing of a Strategic Partnership Agreement with Clearlake Financial Corp, a national company specializing in the Healthcare Industry and has a 32-year history of finance services for individual doctors and dentists, hospitals, clinics and imaging centers.
Many of MediXall’s Provider Network members have been looking for alternative financing avenues to grow their businesses. Clearlake Financial specializes in finding the best-fit financing techniques for Healthcare practices and facilities, including buildings, equipment, buildouts, furnishings and fixtures, accounts receivable, working capital, lines of credit, practice acquisition loans.
Ronald Epstein, Founder and CEO of Clearlake Financial Corp, graduated from University of Florida and University of Miami in 1963. Mr. Epstein was a member of the faculty at University of Miami, teaching financial management and investments for two years. He founded Clearlake Financial Corp. in 1986 as a representative for a health care division of the John Hancock Life Insurance Company, and served as a financial planner for Shearson Hammill & Co. for whom he started a leasing division. He also served as President of ICS-Diversified, Inc., and First United Leasing Company, both of which companies are engaged in the equipment leasing business.
Mr. Epstein invested twelve years as President and Chairman of the Board for Haven Center, a resident program for over 100 mentally challenged persons, and was responsible for increasing the resident population, as well as raising over one million dollars to expand the programs.
“With Ronald Epstein’s background, we are confident that Clearlake Financial can work with many of our MediXall Provider Network members, providing the best financing product for their specific practice,” stated Michael Swartz, President of MediXall Group. “The wide range of challenging circumstances faced by practitioners in today’s Healthcare Industry demand a broad spectrum of solutions that can be customized for each practice, and Mr. Epstein’s background supports this demand with the ability to use a variety of techniques, including leverage of existing assets for growth, which is key for many members.”
"Clearlake is excited about the formation of the relationship with MediXall Group, Inc. which creates lots of synergism between both companies relating to the healthcare industry. We are both looking forward to a strong profitable relationship," said Ronald Epstein, CEO of Clearlake Financial Corp.
About MediXall.com
Medixall.com is a new generation healthcare marketplace platform designed to address the growing need of self-pay and high deductible consumers for greater transparency and price competition in their healthcare costs. With MediXall, consumers now have the option to search for doctors or dentists and book appointments based on cost, distance, ratings, and availability at the click of a button. By delivering a solution that better connects consumers with high-quality healthcare providers and wellness services, MediXall.com enables healthcare providers to engage consumers with a level of price transparency and digital convenience that they have come to expect in every other aspect of their lives. In this era of rapidly increasing deductibles and healthcare costs, the cloud-based platform is designed to be transformational and disruptive to traditional methods of medical care and provisioning of medical services to the consumer. For more information, please visit www.medixallgroup.com or call (954) 440-4678.
About MediXall Group, Inc.
MediXall Group is a technology and innovation-driven organization purposefully designed and structured to bring effective change to the U.S. healthcare industry that is actively trading on the OTCQB under the symbol “MDXL.” The Company believes its revolutionary approach will help drive much-needed change that it envisions is needed in the current healthcare system. The mission of the MediXall Group is to revolutionize the medical industry by improving communication; providing better technology and support services; and enabling more efficient, cost-effective healthcare for the consumer. By approaching the healthcare ecosystem as a whole, MediXall creates, invests and incubates companies that embody its mission statement.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the Company’s current plans and expectations, as well as future results of operations and financial condition. Specifically, the Company’s ability to raise additional capital, execute its business plan and strategy, sustain or increase gross margins, achieve profitability and build shareholder value are forward looking statements. A more extensive listing of risks and factors that may affect the Company’s business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the Company with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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