IPS Aligns With Devon Health Services for Pain-Focused Managed Medical Services

IPS's Privileged Provider Network to Offer Pain Care and Treatment to Patients
in Devon Health's Primary Service Region covering Pennsylvania, New Jersey and
Delaware

ORLANDO, Fla., Jan. 22 /PRNewswire-FirstCall/ -- Integrated Pain
Solutions, LLC (IPS), a wholly owned subsidiary of PainCare Holdings, Inc.
(Amex: PRZ), today announced that it has signed a national service agreement
with Devon Health Services, Inc., a noted national healthcare cost management
company based in King of Prussia, Pennsylvania. IPS will provide Devon Health
access to its national privileged network, focused specifically on
administering care and treatment from its multi-disciplinary network of highly
credentialed physicians that work together to ensure that patients get the
proper pain management for work related injuries and pain issues, while
simultaneously reducing costs for payors. Initial concentration will be on
serving patients in Devon Health's primary service region covering
Pennsylvania, New Jersey, and Delaware.
Devon Health is a national leader in the managed care marketplace, focused
on providing highly effective healthcare cost management solutions and expert
guidance to its client base comprised of the country's top third party
administrators, insurance companies, unions and other self-funded payors.
Brian D. Atkinson, Chief Operating Officer of Devon Health, stated, "Since
our founding in 1991, Devon Health has earned industry respect and recognition
through our progressive approach and execution of strategies designed to help
our clients successfully navigate, adapt to and combat the rising cost of
quality healthcare. Given IPS' specific expertise in the field of pain-
centric care, treatment, follow-up and analysis, we believe they bring a
powerful and highly innovative dimension to Devon Health's overriding value
proposition to our clients - particularly in the management of escalating
Workers' Compensation cost."
Katie White, IPS President, added, "We are very proud to welcome Devon
Health to IPS' growing national customer base, because both Devon Health and
IPS share a commitment to materially improving the standard of care for
patients, while also containing costs for payors. This is an ideal
partnership of strength, sure to benefit the collective patients, payors and
providers we will be working together to serve."
About Devon Health Services, Inc.
Devon Health Services, Inc. is a National Healthcare Cost Management
Company offering complete healthcare benefit packages, including a national
PPO network, Pharmacy, Dental, Vision, Workers' Compensation, and Motor
Vehicle PPO networks, and Claims Settlement Services. Devon Health was founded
in 1991 by John A. Bennett, M.D., an Internal Medicine physician. The company
is headquartered in King of Prussia, Pennsylvania.
About Integrated Pain Solutions (IPS)
Integrated Pain Solutions (IPS), a wholly owned subsidiary of PainCare
Holdings, Inc., is the first and only managed services organization offering a
multidisciplinary healthcare network focused on pain management to payor
organizations, such as insurance and workers' compensation carriers and
unions. IPS reduces costs and increases quality of life by providing highly
credentialed physicians and centers of excellence on pay-for-performance
incentives, a continuum of care that begins with care coaching, a shared
financial and clinical data warehouse, and evidence-based clinical outcome
measurements to determine the most effective pain-management plan. For more
information, please visit www.integratedpainsolutions.net.
About PainCare Holdings, Inc.
Headquartered in Orlando, Florida, PainCare Holdings, Inc. is one of the
nation's leading providers of pain-focused medical and surgical solutions and
services. Through its proprietary network of acquired or managed physician
practices and ambulatory surgery centers, and in partnership with independent
physician practices and medical institutions throughout the United States and
Canada, PainCare is committed to utilizing the most advanced science and
technologies to diagnose and treat pain stemming from neurological and
musculoskeletal conditions and disorders.
Through its wholly owned subsidiary, Caperian, Inc., PainCare offers
medical real estate and development services. Through Integrated Pain
Solutions, the Company is engaged in pioneering the nation's first Managed
Services Organization that offers a multi-disciplinary healthcare network
focused on the treatment of pain. For more information on PainCare Holdings,
please visit www.paincareholdings.com.
Safe Harbor Statement
This press release contains forward-looking statements that may be subject
to various risks and uncertainties. Such forward-looking statements are made
pursuant to the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995 and are made based on management's current expectations or
beliefs as well as assumptions made by, and information currently available
to, management. These forward-looking statements, which may include statements
regarding our future financial performance or results of operations, including
expected revenue growth, cash flow growth, future expenses, future operating
margins and other future or expected performance, are subject to the following
risks: the acquisition of businesses or the launch of new lines of business,
which could increase operating expenses and dilute operating margins; the
inability to attract new patients by our owned practices, the managed
practices and the limited management practice; increased competition, which
could lead to negative pressure on our pricing and the need for increased
marketing; the inability to maintain, establish or renew relationships with
physician practices, whether due to competition or other factors; the
inability to comply with regulatory requirements governing our owned
practices, the managed practices and the limited management practices; that
projected operating efficiencies will not be achieved due to implementation
difficulties or contractual spending commitments that cannot be reduced; and
to the general risks associated with our businesses.
In addition to the risks and uncertainties discussed above you can find
additional information concerning risks and uncertainties that would cause
actual results to differ materially from those projected or suggested in the
forward-looking statements in the reports that we have filed with the
Securities and Exchange Commission. The forward-looking statements contained
in this press release represent our judgment as of the date of this release
and you should not unduly rely on such statements. Unless otherwise required
by law, we undertake no obligation to publicly update or revise any forward-
looking statements, whether as a result of new information, future events or
otherwise after the date of this press release. In light of these risks and
uncertainties, the forward-looking events and circumstances discussed in the
filing may not occur, and actual results could differ materially from those
anticipated or implied in the forward-looking statements.
FOR MORE INFORMATION, PLEASE CONTACT:
Dodi Handy, President and CEO, or Daniel Conway, Chief Strategist
Elite Financial Communications Group
407-585-1080 or via email at prz@efcg.net

SOURCE Integrated Pain Solutions, LLC

Dodi Handy, President and CEO, or Daniel Conway, Chief Strategist, of Elite
Financial Communications Group, +1-407-585-1080, prz@efcg.net