ThursdayNov 20, 2014 12:53 pm

MIT Holding, Inc. (MITD) Announces Profitable Third-Quarter Financial Results

MIT Holding, Inc. (MITD) a health care services company today announced its third quarter 2014 financial results. The Company continued to be profitable for the second straight quarter. This profitability validates MIDT's business model, and its approach to the ever changing Affordable Health Care Act and health services industry. Since the completion of the re-organization on January 1, 2014, the Company is inline to achieve 32% minimum net profits. Walter Drakeford, President of MIT Holding stated, "This success is a direct reflection of the Compnay's commitment of continued shareholder appreciation. This last quarter we have established new revenue streams and…

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MondayNov 17, 2014 1:06 pm

MIT Holding, Inc. (MITD) Announces Initial Revenue Generation From “Melinta AB sssi” FDA Trial

MIT Holding reports new revenue streams with up to 52% gross profits. MIT Holding, through its facilitators, is acting as a sub-investigator for Melinta Theraputics, who is the main investigator in the phase 3, multi-center, randomized, double-blind, active controlled study. The purpose of this study is to evaluate the effects of the treatment of patients with complicated bacterial and soft tissue infections. Walter Drakeford, CEO of MIT Holding stated, "Our test the waters approach to a new revenue stream with these types of margins, are being proven effective with this study. The facilities and employees have met or exceeded all…

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TuesdayOct 07, 2014 1:27 pm

MIT Holding, Inc. (MITD) and its Affiliates Receive Accreditation From Over 138 Top U.S. Insurance Carriers

MIT Holding says it has fulfilled its year-long strategy to meet and or exceed major U.S. health insurance requirements. Results of these efforts are now reflected in the company and its affiliates being able to direct bill and receive payments from the carriers on behalf of the patient. This is an important step in the company goal of developing the first of its kind seamless transition for patient needs from hospital discharge to complete in home recovery. MIT Holding through its contractual and affiliate programs now can offer a "One Stop Opportunity" for complete patient services from discharge to recovery.…

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TuesdaySep 30, 2014 1:38 pm

MIT Holding, Inc. (MITD) Partnership Commences Treatment of Patients in Phase 3 FDA Clinical Trial With SERRG

MIT Holding today reported the intake of patients for a U.S. FDA clinical trial. MIT Holding, through its affiliates, is acting as sub-investigators for Melinta Theraputics, the primary investigator in the study managed by SERRG Savannah. MIT Holding will generate revenues throughout this 12-month study. Walter Drakeford, president of MIT Holding stated, "We are pleased to open this new revenue stream as a result of being selected by SERRG as a sub-investigator facility. This is evidence that our corporate re-organization and business model is capable of opening and generating new income streams through our partner affiliation programs. The facility and…

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MondayAug 25, 2014 1:42 pm

MIT Holding, Inc. (MITD) Announces Q2 Financial Results, Company Milestone

MIT Holding, a health care services company, reports second-quarter net profit of $20,892. This is a major milestone in the company's evolution as it is the first quarterly profit for the company in six years. This is a net turnaround of $360,949 from the same quarter in 2013 and a net turnaround of $688,953 from the same six months of 2013. Since the completion of the re-organization of the company and requirements of 32% minimum net profits for all subsidiaries MIT Holding has seen income from activities increase 96.2% for the first six months of 2014 versus the first six months of…

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FridayAug 22, 2014 1:46 pm

MIT Holding, Inc. (MITD) Announces Engagement of ProActive Capital Group, LLC to Assist With Corporate Awareness

MIT Holding has retained New York City-based ProActive Capital Group, LLC (PCG), a leading capital markets advisory and communication strategies firm, to assist with achieving investor and corporate awareness. PCG assists emerging and developing companies to achieve financial objectives through active, multi-channel engagement with investors to facilitate dialogue with the investment community and public at large. "We are familiar with the quality of work and investor access that ProActive Capital provides and believe they are wonderfully suited to deliver our message to the community of investors seeking to profit from the healthcare sector. Their multi-channel approach makes them a good…

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