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Paladin Southland operates under 'Emergystat'

28 Jan '08
2 min read

The processor had been contacted several times during the month but only on January 23, 2008 did it notify Southland of its systems error.

During this interim period, January 4 thru January 23, the processor reported to the Company that its checks had been written and forwarded, the information included: check number, check date, and check amount.

There is currently over $200,000 due from this Medicare processor, which was more than sufficient to have paid the liability insurance.

Southland is working with all parties involved to see that the communities and families have the services they need. Southland is attempting to obtain emergency payment from Medicare and seek a financing solution to have the insurance reinstated.

Once reinstated, the Company will work with the various State Health Departments on its licensing and operations.

Paladin Holdings Inc

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