COMPANY HISTORY
The recovery business is large, growing and highly fragmented. The industry is populated by many companies and no single company is a dominant force or defacto standard. The LTR concept and business model has the potential to create the consolidating force in this highly fragmented, and lucrative business.
Conceived by a group of senior executives and professionals who have extensive business and recovery experience, LTR is specifically dedicated to the needs of addicts, alcoholics, and the recovery industry.
LTR has been forged out of a vision that a socially responsible company can be a profitable company. The company was formed around a set of core values that provide the recovery community with:
Hope that there is a solution
A framework for choice
A pathway to a better future
Whether it's alcohol addiction, drug addiction, gambling addiction, spending addiction, smoking addiction, Internet addiction, sexual addiction, or obsessive behavior, LTR provides the forum, frameworks and methods to attack alcoholism and addiction head-on in order for the healing to begin.
LTR bringing recovery public !
Thu, 14 Jun 2007
Laguna Beach Recovery Center Signs Milestone Agreement
Wed, 23 May 2007
Grand Opening of Laguna Beach Recovery - an LTR Branded Recovery Facility in Laguna Beach, CA
Tue, 15 May 2007
LTR Media Group's Let's Talk Recovery Radio Show Enters New Markets With The Harry Bey Show
Wed, 02 May 2007
Let's Talk Recovery Actively Seeking Additional Licenced Care Facilities To Accommodate Waiting List
Thu, 19 Apr 2007
Lets Talk Recovery Treatment Facility Continues Revenue Growth
Wed, 28 Mar 2007
Let's Talk Recovery Radio Network to Broadcast Globally With Live and Continuous Streaming by LIVE365.com
Thu, 15 Mar 2007
Let's Talk Recovery Treatment Facility Generating Revenue Ahead of Schedule
Wed, 07 Mar 2007
Let's Talk Recovery, Inc. Chairman Discusses Recent Developments and Strategic Plan for Upcoming Quarters in Executive Interview Online
Wed, 21 Feb 2007
Let's Talk Recovery Announces Production of Multi-Media Tools for Battling Addictions
Tue, 13 Feb 2007
Let's Talk Recovery, Inc. Finalizes Agreement With The Shores Treatment And Recovery Center In Newport Beach, CA
CORPORATE GOVERNANCE
LTR, Inc. is organized as for a for-profit company. The company utilizes a traditional organizational structure, which is composed of three organizational units:
(1) Corporate Holding Company
(2) Operating Groups
(3) Individual Operating Companies
The LTR corporate entity provides the overall umbrella, structure, management and shared business services for the operating groups and individual companies. Shared services include accounting, legal, human resources, marketing, etc. and specialized operating groups.
LTR operating groups are highly focused on a particular aspect of the LTR business model. Each operating group is either a wholly owned subsidiary of LTR, Inc., or a subsidiary of LTR, Inc., in which LTR, Inc. is the majority shareholder of the operating group.
Each operating group is composed of companies that are wholly owned by LTR. Each company specialized in a services and products targeted to a distinct market. The individual companies and operating groups are profit centers with their own P&L, balance sheet, cash flows, earnings, operating budget and plan, and capital budget.
The major advantages of this form of business structure are that it allows LTR exceptional flexibility and adaptability to the marketplace, efficient use of capital, and exceptional leveraging of the LTR brand. Furthermore, this organization allows LTR to carefully measure and evaluate each company's and operating group's performance and contribution to earnings. Although the operating groups are autonomous, they are linked together by the LTR corporate structure and operating philosophy. Synergy among the operating units is achieved through coordinated marketing programs.
Hiring Practices
It is the policy of Let's Talk Recovery, Inc. to provide equal opportunity for all employees for employment without regard to race, religion, color, sex, sexual orientation, national origin status, covered veteran status, mental or physical disability, pregnancy, or any other basis prohibited by state or federal law.
Harassment Prevention & Discrimination Policies:
Let's Talk Recovery, Inc's. policy prohibits employees from harassing any other employee or other person in the course of the company's business for any reason prohibited by law, including but not limited to, race, religion, color, sex, sexual orientation, national origin status, covered veteran status, mental or physical disability, pregnancy, or any other basis prohibited by state or federal law.
LTR Media Group
This group provides the portal and immediate facing and point of interaction between LTR markets, which include the public, the recovery industry and the products and services of LTR, Inc.
The LTR Media Group provides the identity, public reach, and broadcasts the LTR message to its markets and customers.
The LTR Media Group is composed of six operating segments: Radio Shows, Radio Network, Carrier Services, TV Documentaries, TV Production & Distribution, Publications.
Refer to Business Plan for revenue breakdown for LTR Media Group.
LTR Operations Group
The LTR Operations Group provides tangible asset value to LTR, Inc., and its balance sheet. Recognizing that the recovery industry is highly fragmented, lacks any consistent standards, and is financially supported through a combination of private and public funds, LTR has identified an opportunity to consolidate the industry and set operating standards, as well as financial performance standards, through the acquisition and unification of recovery centers.
The LTR Operations Group is composed of three business segments:
Facilities Acquisition
Facilities Ownership and Management
Shared Services Operations
Recovery centers represent the core asset in the recovery business. These centers are located all across the U.S., some are part of a larger company, but many (most) are independently owned and operated.
There is significant potential for earning improvement in this sector of the recovery industry. LTR plans to use some of its shareholder's equity to acquire and operate selected recovery facilities. Once acquired, LTR will implement management policies to aggressively improve margins and earnings through a combination of programs that involve operational improvement, cost reduction, revenue maximization and profit optimization through the use of shared services, uniform procurement and SCM methods, centralized billing (DRG coding) and reimbursement, and through the standardization of practices and processes.
The actual delivery of treatment programs, medical services, property management services (soft goods, custodial, catering, etc.) will be outsourced to professional service providers.
LTR Services Group
LTR will provide recovery services to the recovery industry and individuals through its extensive knowledge of the subject matter and its extensive contact in the industry.
These services will further differentiate and position LTR as the premier provider of services to the recovery industry. The services will be marketed directly to the consumer through LTR Radio Network, LTR Media Group and LTR Operations Group.
The LTR Services Group, is comprised of three business segments:
Operational Consulting Services
Intervention Services
Seminar & Speaker's Services
LTR, Inc. will own and operate a services group, which provides recovery products and services to individual customers and commercial members (HMOs, insurers, etc.) of the recovery industry. LTR will build a series of relationships with third party providers of psychological, intervention, and counseling services, which will penetrate and control the recovery marketspace through its facilities, seminars and radio network. LTR will act as a referral agent between those requesting services and the various service providers. For each referral, LTR will generate a referral fee equal to 15% of the total fee.
In addition, LTR will offer seminar services to the professional community by appearing at conferences, conventions and healthcare symposia across the country. Participation in these seminars will strengthen LTR's image, facilitate its marketing to major corporations and healthcare providers and government agencies.
LTR Educational Group
The LTR Educational Group provides educational material and training to medical practitioners, recovery professionals, recovery providers, social agencies, high schools and colleges. The LTR Educational Group is comprised of four business segments:
Educational Content Development
Recovery Practitioner's Network (RPN)
Custom Programming
LTR University
LTR educational materials are either self-produced by LTR, or acquired by LTR and then repackaged by LTR. Once packaged and readied for distribution, the materials are delivered to the consumer via multi-media techniques including traditional hard copy, a special radio network, (RPN), and Internet services, which provide Video on Demand (VOD).
The VOD is delivered using advanced ARC (aspect reduction compression) and DRM (digital rights management) technologies to physicians offices, schools, homes, patient waiting areas, classrooms, etc., and onto flat screens, monitors, computers, or even cellular phones, anytime, anywhere there is wireless or cable network access. LTR's VOD library will cover the broadest range possible of recovery topics and subjects and is easily accessible to the subscriber.
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