Global Transitional Care, LLC. Engages Capital Services Group for Strategic Financial Advisory Services
Announces Plans for Direct Public Offering
SAN DIEGO, Calif. – July 20, 2015 – Global Transitional Care LLC, the first Medicare approved dedicated Transitional Care Company in the country (“Global Transitional Care” or the “Company”) today announced that it has engaged Capital Services Group to provide strategic financial advisory services including investment packaging and integration of its Rule 506c Plug-In into its corporate website under a direct public offering of its shares.
The offering will be made available to the general public, its customers and other interested parties, under direct solicitation rules outlined in the new Rule 506(c), which eliminates the prohibition against general solicitation and advertising in connection with offerings under Rules 506 and 144A under the Securities Act of 1933.
Transitional Care Management (TCM) is a new area of healthcare support. TCM is in depth planning and management of post-acute care for certain chronic diseases, providing for more continuity across the continuum of care. TCM begins in the hospital, just prior to discharge, where the patient’s needs are assessed in concert with the physician’s orders and an at-home plan is established. The TCN coordinates the necessary care at home and manages the overall plan of care, in-person, at the patient’s residence.
Fifteen to twenty percent of Medicare patients are re-admitted to the hospital within thirty days of discharge. With Transitional Care Management, patients have a proven success rate in avoiding re-admittance.
Thomas Carter, CEO of Capital Services Group, said that “Global Transitional Care’s founder and CEO, Rani Khetarpal, is a visionary in identifying a real pain point in the $27 billion transitional care market and developing a smarter way to address it. We are pleased to be working with Global Transitional Care in executing its capitalization strategy. The Company is a market leader in the developing Transitional Care market and has uniquely positioned itself to address the need to reduce patient re-admittance and avoidable healthcare costs to the system.”
Forward Looking Statements
Certain of the statements included in this press release, which express a belief, expectation or intention, as well as those regarding future financial performance or results, or which are not historical facts, are “forward- looking” statements as that term is defined in the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. The words “expect”, “plan”, “believe”, “anticipate”, “project”, “estimate”, and similar expressions are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance or events and such statements involve a number of risks, uncertainties and assumptions, including but not limited to industry conditions, regulatory changes, general economic conditions, interest rates, competition, and other factors. Should one or more of these risks or uncertainties materialize or should the underlying assumptions prove incorrect, actual results and outcomes may differ materially from those indicated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to republish revised forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Global Transitional Care, LLC
Global Transitional Care (GTC) is the first third-party organization dedicated to providing complete transitional care services. Our mission is to enhance quality care services and resources for each individual patient. GTC is a healthcare service company that provides short-term care services to patients transitioning from hospital, or post-acute care facility to home. Through a Transitional Care Nurse (TCN), patients and their families will have access to a healthcare provider that is familiar to them and their case, 24 hours a day, 7 days a week. GTC’s goal in transitional care is to give the newly discharged patient and their healthcare team continuity of medical and post discharge care, further reducing adverse events, unnecessary return visits to the hospital or emergency room, and the knowledge to personally manage their own health condition. For more information, go to www.globaltransitionalcare.com.
About Capital Services Group
Based in San Diego, California, Capital Services Group was formed to provide emerging growth companies with resources and support to more efficiently access growth capital and investor support, including investment packaging, direct public offering, shareholder communications and an online investor marketplace.
Thomas Carter Capital Services Group, Inc.