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Message #16
From: NewsBot
Date: November 1, 2006 03:37:00 PM

ITPD News Intrepid Holdings Chairman and CEO Maurice Stone Joins Other Major Industry Executives as Founding Members of the Convenient Care Association

HOUSTON--(BUSINESS WIRE)--Responding to the major issues and concerns of accessible health care in America, Intrepid Holdings Chairman and CEO Maurice Stone, along with other prominent members of the Convenient Care industry, have taken an important step by joining forces to create a new trade organization – The Convenient Care Association (CCA). Formed by retail clinic owners, the Convenient Care Association will deliver guidance, develop standards, and provide stronger representation for the industry and its members.

The association currently represents 12 Convenient Care Clinic organizations, including Intrepid Holdings subsidiary My Healthy Access, which has opened clinics in Texas with plans to open more in urban areas across the US. Primarily staffed by Nurse Practitioners and other advanced practice nurses, clinics provide routine, non-emergency services to walk-in patients at affordable prices seven days a week. Some clinics are also staffed by Physician Assistants and Physicians.

“The Convenient Care industry has revolutionized the way patients access health care today,” says Tine Hansen-Turton, Executive Director, CCA. “That kind of impact is energizing, and we look forward to expanding our membership.”

The Convenient Care Association, supported by its members, is committed to:

  • Ongoing development of uniform protocols which enhance and assist clinics’ health care providers
  • Implementing medical record sharing procedures with physicians and other health care providers
  • Offering recommendations, based on established best practices, for patient follow-up care

“We are thrilled to participate in an industry association which will pave the way for growth and success. Together, we will share best practice, unify our voices, and partner with the existing medical community to better serve our patients,” says Maurice Stone, Intrepid Holdings CEO and a Founding Board Member of the CCA.

Already, the CCA has secured an important endorsement for its approach to health care delivery. The American College of Nurse Practitioners (ACNP) recently adopted a resolution praising the Convenient Care industry and its accessible, high quality healthcare delivery.

Founding CCA Executive Board members include: Don Parker, AtlantiCare Health Services; Kimberly Hodgkinson, Aurora Health Care; Dean Q. Lin, CareWorks Convenient Healthcare (a subsidiary of Geisinger Health System); Neal F. Krouse, M.D., CheckUps; Steven W. Cooley, M.D., HealthStop, Inc.; Brian Jones, MedXpress; Michael J. O’Neil, MEDPOINTexpress (a subsidiary of Memorial Hospital and Health System); Maurice Stone, My Healthy Access; Ronald Bucci, QuickClinic; Dave Mandelkern, QuickHealth; Web Golinkin, RediClinic; and Hal Rosenbluth, Take Care Health Systems.

For more information on the Convenient Care Association visit: www.ConvenientCareAssociation.org.

About Intrepid Holdings

Intrepid Holdings (OTCBB:ITPD) is a leading provider of pharmacy, clinic, and related healthcare services to the urban marketplace. These services compliment Intrepid’s “urban life care” focus and often are targeted to specific urban market populations. In addition, Intrepid leverages the key relationship between patients and their health providers.

This press release contains forward-looking statements, including the Company’s plans to open clinics in the future and the type, quality and price of services that the clinics will provide that are based upon management's belief and assumptions and information currently available to it. Although the Company believes these assumptions are reasonable, it can give no assurance that such assumptions will prove to be correct. Forward looking statements are subject to certain risks, uncertainties and assumptions including, among others, changes in the mini-clinic market conditions, termination of its leases, availability of funding, and future plans of the Company.

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