RJD Green Healthcare Division has developed a business model that utilizes the healthcare industry experience and extensive industry relationships of RJDG’S management and team.
RJD Green Healthcare Division has long-term relationships with many key providers within the service sectors of the healthcare industry.
As well, there are relationships with most major hospital systems and surgical centers throughout the United States.
The initial focus is the acquisition of companies that provide services that reduce cost and enhance management capability through support services within the healthcare industry.
An additional opportunity is to utilize the hospital relationships to create significant revenues by sourcing additional value-added products and services for distribution into the supply chain operators of multiple hospital groups and others, creating a user-friendly one source option.
The first RJD Green Healthcare Division services acquisition was IoSoft Inc. This Company provides discrete payment technologies, services, and software that can be integrated into targeted offerings.
IoSoft was formed in 1998 by the current principal, Vincent Valentine, to provide proprietary software for medical billing, Healthcare claims adjudication, automotive warranty payments, and electronic payments between healthcare Payers and Providers, and several other platform developments. Since formation, IoSoft has been a third-party developer of software and provides IT support for the platforms developed. Most of the Company’s efforts have been Healthcare oriented in paperless claim filing and provider payment services.
Southbridge Advisory Group assisted IoSoft in procuring the resources needed to launch complete marketing and customer support operations successfully. This has allowed IoSoft to create rapid growth in the procurement of product development and support contracts with major industry corporations in and through direct sales of their proprietary software. Another revenue stream with significant revenue potential for IoSoft is the licensing of its software to large companies that utilize the technology to perform in-house servicing of clients.
IOSoft provides proprietary software for medical billing, Healthcare claims adjudication, automotive warranty payments, and electronic payments between healthcare Payers and Providers, along with custom payment software platforms for corporations, government & institutional organizations. Since formation, IOSOFT has been a third-party developer of software providing IT support for the platforms developed along with all “back office” services to include sales and marketing support.
The primary focus of IOSoft is in healthcare payment systems where IOSoft can provide unique payment technologies and services or software that can be integrated with legacy or existing systems of healthcare payers and providers such as, major health insurance carriers and third-party administrators. IOSoft provides targeted product offerings for healthcare providers, provider networks, physicians and hospitals, and clearinghouse companies.
Initial efforts of IoSoft are in healthcare payment systems that provide unique payment technologies and services or software that can be integrated with legacy or existing systems of healthcare payers, such as, Blue Cross, Aetna, CIGNA and others. IoSoft provides targeted product offerings for healthcare providers, provider networks, physicians and hospitals; and clearinghouse companies such as Relay Health, a McKesson division, and SSI – ClaimsNet. The IoSoft team has years of experience and relationships within the more than one million providers in the healthcare market.
March 16, 2020 / RJD Green Inc. (OTC PINK:RJDG) CEO, Ron Brewer, announced today the IRG group had notified the IOSoft Division of RJD Green Inc. of their expected purchases in 2020 and 2021. Further Mr. Brewer stated the discussions with their targeted healthcare services acquisition have progressed.
Iconic Resources Group
IRG forwarded their projected expenditures with IOSoft from the White Label agreement of the Unified Payment System. Projected revenues for IOSoft in 2020 was stated at $350,000 to $700,000 with 2021 to be a minimum of a 100% increase.
IRG has harnessed the power of innovative solutions and technologies to assist their clients in identifying and selling prospects, and enhanced delivery of financial products and services distributed for the benefit of insurance carriers, brokerage agencies, IMOs, banks, and wealth advisors. www.iconicresourcegroup.com
Healthcare Sector IT Services Acquisition
Mr. Brewer stated RJD Green and its acquisition target have agreed upon general terms of purchase in the form of an MOU. As well, both companies and RJD Green’s equity partners agreed to delay entering into the initial due diligence phase for forty-five days, allowing for a better picture of the current national economic and health issues. Read more:
March 2, 2020 / RJD Green Inc. (OTCPK:RJDG) CEO, Ron Brewer, announced today the IOSoft Division of RJD Green Inc. has executed a White Label agreement with Iconic Resource Group, a provider of services to the insurance and financial management sectors, to provide payment and administrative services with their industry leading Unified Payment System that includes three virtual payment products including the VirtualCheck.
IRG will market the system under their umbrella of services to clients in the insurance and wealth management sectors. IOSoft will perform all services involving the Unified Payment Systems.
After testing and review, IRG chose IOSoft to provide its technology to its clients due to the advanced performance capabilities of the software platform in payment and reporting, along with dramatic cost savings to IRG’s clients, making the Unified Payment System “best in class”. Read more:
Jan. 22, 2020 / RJD Green Inc. (OTCPK: RJDG) announced today the Company has entered into initial acquisition and merger discussions with an established Healthcare IT Services firm with services to the Payer market of the Healthcare sector.
The acquisition target offers software and development services to the payer market of the healthcare insurance sector from proprietary software applications. The Company has established long-term relationships within the industry and offers excellent growth potential.
As important, the Company appears to be a synergistic fit with the RJD subsidiary, IOSoft Inc.’s efforts with their Unified Payment Systems. Read more: