OTCPicks Featured Company: Transax International Limited (TNSX.OB) Reports Record Financial Figures for First Quarter 2008
Transax International Limited (OTCBB: TNSX) announced record numbers for the first quarter ended March 31, 2008. The company is a provider of health information products and solutions to manage coding, compliance, reimbursement, abstracting, and record management processes for healthcare providers and health insurance companies. Their services assist in reviewing in-patient and out-patient claims data, enable healthcare facilities to collect and report patient demographic and clinical information, and automate the record tracking and location functions. At the closing of Wednesday's trading, the company's stock rose 400.00%. Net revenues totaled $1,480,964 compared to $1,186,226 for the first quarter of last year, a…