01 Nov Certive Announces New Advisory Council Member and Offering
Scottsdale Arizona and Vancouver British Columbia – Certive Solutions Inc. (“Certive” or the “Company”) (OTC:CTVEF) (CSE:CBP) is pleased to announce the following:
Opportunities – Certive’s hospital revenue cycle expertise, coupled with its expanding visibility and relationships within the health care industry, is opening the door to many new opportunities. Certive is being approached for relationships with several providers of innovative technologies and services that are looking for entry into the hospital marketplace. This is also leading to an expansion of Certive’s Advisory Council with additional healthcare and business professionals committed to developing programs and services that will expand and improve healthcare in the communities we serve.
Additions to Advisory Council – Certive has recently added a new member to its Advisory Council. Certive’s Advisors are charged with providing strategic guidance and taking on special projects to assist in pursuing Certive’s mission and vision. Advisors have a broad network of other talented and highly competent executives who are available to assist Certive at the right time, for the right purpose. Certive is proud to announce that Mr. John Orsini is now an Advisor.
Mr. Orsini is currently the Senior Vice President and Chief Financial Officer of Northwestern Memorial HealthCare (NMHC), Mr. Orsini has proven expertise in the strategic financial management of multi-hospital health systems and brings with him 30+ years of health care finance experience. Previously, Mr. Orsini was the Executive Vice President and Chief Financial Officer of Cadence Health and upon completion of the merger, became the SVP and CFO for NMHC.
Prior to joining Cadence Health, Mr. Orsini was the CFO of Presence Health, a 12-hospital health care system created by the merger of Resurrection Health Care and Provena Health. During his tenure there, Mr. Orsini made significant contributions to the financial strength of the organization, including the detailed financial work around the merger of the two health care systems.
Prior to joining Presence Health, Mr. Orsini held the position of Corporate Vice President, Finance, and Treasurer for Scripps Health, a four-hospital non-profit health system in San Diego. He also served in a series of financial leadership roles with Dignity Health (formerly Catholic Healthcare West), a non-profit health system consisting of 40 full-service hospitals in California, Arizona and Nevada.
Mr. Orsini earned his Bachelor of Science degree in Accounting from Arizona State University, Phoenix, and is a licensed Certified Public Accountant. He began his career in auditing for the Arizona Department of Health Services in 1985.
New $1M Private Placement Offering – The Company is also pleased to announce that the Board of Directors has approved a new non-brokered Private Placement. The funds received from this Offering shall be utilized for the purpose of establishing and funding (seeding) its newly created subsidiary Certive Health Compliance Solutions, Inc. (“CHCS”). The Offering will be ten US$100,000 “Units” and each Unit shall include the following:
- US$50,000 for 500,000 shares of Certive at a deemed value of US$0.10/share; and
- US$50,000 for a 0.5% direct ownership of Certive’s new operational subsidiary CHCS, which has a deemed value of US$10M.
For more information regarding this announcement, please visit our website at https://certivehealth.com or contact Certive directly at (480)228-5881.
Investor Relations, Certive Solutions Inc.
About Certive Solutions Inc.
Certive Solutions Inc. (Scottsdale, Arizona) is currently 100% focused on the operations and value proposition of its wholly owned subsidiary, Certive Health Inc., and its subsidiaries. With identical Board of Directors, Management, Advisory Council, Mission and Vision, Certive Solutions is strategically positioned as a public company. All are investors in the company – all have significant networks. Their collective experience, expertise, and relationships is the people-equity upon which the company was founded. Certive Health’s vision is making the $3.7 trillion healthcare market better by applying its People-Equity and Capital to solutions in the healthcare communities it serves. Certive Health’s revenue cycle services and solutions assist hospitals with the complexity of the reimbursement process and improve their financial and quality performance.
Statements contained in this report that are not statements of historical fact are intended to be and are hereby identified as “forward-looking statements” for purposes of the safe harbor provided by the Reform Act. Forward-looking statements include expressed expectations of future events and the assumptions on which the expressed expectations are based. All forward looking statements are inherently uncertain as they are based on various expectations and assumptions concerning future events and they are subject to numerous known and unknown risks and uncertainties which could cause actual events or results to differ materially from those projected. Due to those uncertainties and risks, the investment community is urged not to place undue reliance on written or oral forward-looking statements of Certive Solutions Inc. The Company undertakes no obligation to update or revise this Safe Harbor Compliance Statement for Forward-Looking Statements (the “Safe Harbor Statement”) to reflect future developments. In addition, Certive undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.