INFINITI HR’s Joint Venture with Quad M Solutions, Inc. (PrimeAxess Inc.) is Benefiting from its Inherent Focus on Telehealth and Telemedicine
INFINITI HR operates a joint venture with Quad M Solutions, Inc. (MMMMD: OTC), where INFINITI co-employees will migrate onto the major medical insurance and benefits platforms of Quad M Solution’s two subsidiaries: OpenAxess Inc. and PrimeAxess Inc.
- (1888PressRelease) April 09, 2020 - INFINITI HR is one of the largest professional employer organizations (PEO) in the U.S. As a leader in the human resources outsourcing space, INFINITI HR is a co-employer of more than 70,000 employees, with its business concentration in the franchisor space. INFINITI HR operates a joint venture with Quad M Solutions, Inc. (MMMMD: OTC), where INFINITI co-employees will migrate onto the major medical insurance and benefits platforms of Quad M Solution’s two subsidiaries: OpenAxess Inc. and PrimeAxess Inc. Each co-employee represents $800-$1000 of revenue with approximately $200 per employee of operating margin/profit for Quad M Solutions, Inc.
The PrimeAxess and OpenAxess health plan programs utilize various telemedicine technology platforms ranging from tele-mental health, tele-physical therapy, tele-physician. We believe this makes our health plans among the few health plans to have the capacity to handle the current surge in demand for these services caused by the COVID-19 pandemic. INFINITI HR notes that tele-products are a critical marketing advantage for their PEO business, which will boost revenue for both INFINITI and the joint venture.
The joint venture will soon start to target more than 500,000 franchisee employees of the franchisor customer base.
“With INFINITI HR’s brand and national marketing efforts and our concentration on state-of-the-art telemedicine platforms combined with our major medical health plans, we believe we will rapidly grow market share in the PEO industry,” Quad M Solutions, Inc. CEO Pat Dileo said. “We are currently ramping up our revenues and earnings as each employee life is added to one of our programs. We estimate that the bulk of INFINITI HR lives will be migrated within the year. We believe we can pay our tele-physicians the highest reimbursements in the industry and plan to offer an innovative shared physician reimbursement program for achieving measurable (value-based) mental health and physical therapy outcomes.”
About INFINITI HR
INFINITI HR is the professional employer organization designed to protect franchisors and franchisees from vicarious employer liability specific to human capital management. Our PEO platform provides full regulatory compliance management, an on-demand HR director, real-time payroll /tax filing and access into our True-Group Workers’ Compensation master policy.
Click here for the latest press releases and up-to-date news on human resources outsourcing. To learn more about how your business can save time, money, and mitigate employer liability, call INFINITI HR at 866-552-7360 or email info ( @ ) infinitihr dot com.
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