Tuesday, January 20, 2015

MIT Holding, Inc. (MITD) Appoints Tommy J. Duncan to President Role

Earlier today, MIT Holding announced that Tommy J. Duncan is now president of day-to-day operations at MIT Holding. This appointment corresponds with the company’s second phase of corporate re-organization.

“For the last 12 months, MIT Holding has focused on the assembly of a portfolio of licenses, contracts, agreements and working arrangements. Compilation of this portfolio has allowed the company to build, support and begin to offer a ‘one-stop-provider’ of services for patients in transition,” stated Duncan. “The health care system’s continual urging of quicker patient discharges creates an environment in which much of the recovery process and responsibility is forced upon the patient.

“Our goal is to ease this burden and create for patients a single source for all of their necessary medical products and services.”

The new company president will help expand MIT Holding’s offerings while also providing oversight and assistance in dealing with the insurance and government agencies involved in patient recovery costs.

“The expansion of these proven services will continue throughout Georgia as we aggressively begin looking at acquisitions and partnerships to start a nationwide roll-out of services,” commented Duncan.

In addition to his new position as president, Duncan is an independent director at MIT Holding. He previously served as president at Southeast Vending LLC and at Southeast Lumber & Construction, Inc. for which he successfully executed numerous mergers and acquisitions as well as identified and secured financing from multiple funding sources. During his tenures as secretary and treasurer at Auto Locators, Inc. and at Custom Locators USA, Inc., Duncan was recognized for his skills in identifying talented management and hiring them to key positions within each of those companies to accommodate corporate expansion in terms of size and revenues. His prior experience also includes serving on the board of directors at CNB Bancorp, Inc. (Windsor, Virginia).

For more information on MIT Holding, visit www.mitholdingsinc.com

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