Renaissance Community Health Systems Officially Launched in Two Additional Florida Counties
19 Janeiro 2006 - 2:45PM
PR Newswire (US)
WELLINGTON, Fla., Jan. 19 /PRNewswire-FirstCall/ -- Renaissance
Health System of Florida, Inc. (RHS) ( http://www.rhsfl.com/ ), a
subsidiary Company of The Quantum Group, Inc. (OTC:QTUM) (BULLETIN
BOARD: QTUM) ( http://www.qtum.com/ ), announced today that it
began the acceptance and treatment of health plan members in
Miami-Dade and Broward Counties on January 2, 2006. These two
counties have a combined population of over four million, of which
over 538,000 are eligible for Medicare Advantage benefits. The
Company previously announced that it formally began its operations
with its first Community Health System (CHS) in Volusia County when
it began the acceptance and treatment of patients on September 1,
2005. Noel J. Guillama, President of Renaissance Health System of
Florida, Inc., commented, "Our Company has reached a momentous
plateau in our development with the activation of these two vital
Community Health Systems. With a stellar Provider Specialist team
in place, we have saturated the area and recruited some of the best
and brightest providers in medicine today." Guillama continued, "We
remain committed to continually seeking the providers who represent
the essence of what we call 'the art and science of healthcare' --
a finely attuned knowledge of the latest technology and treatments,
combined with compassion." A key component of the Company's
strategic plan for development has been the adherence to creating
quality networks of Providers. Barbara Roqueta, Vice President
Provider Operations, noted, "As our Provider Specialist team
markets our network to potential RHS Physicians, they find that
these prospects are first intrigued by the mission and unique
approach of Renaissance, and are quickly incentivized to become 'a
part of the Revolution' once they see the list of Providers who
have chosen to become affiliated with Renaissance." Roqueta further
stated, "When the Doctors see some of the most highly respected
physicians in this area 'on-board', they recognize RHS to be
something special -- something they want to be a part of, too." The
Company currently has five CHSs in development stages with over 600
providers along the east coast of Florida. Guillama has articulated
that the Company's strategic plan for development and expansion has
RHS positioned to provide care to thousands of new patients. The
Company anticipates having 2,000 members and over 1,500 providers
by year-end, representing approximately $18 million in annualized
revenues. The Quantum Group, Inc. (QTUM) ( http://www.qtum.com/ )
is a Wellington, Florida-based healthcare company, providing
outsourcing, technology-based solutions, government compliance,
education, policy consulting and venture management to the
healthcare industry. Quantum is currently involved in: outsourcing
for physicians, managed care organizations, healthcare facilities,
and physician associations; and providing leading-edge healthcare
services to consumers. The Quantum Group -- "healthcare solutions
for a new generation."(SM) Renaissance Health System of Florida,
Inc. (RHS) ( http://www.rhsfl.com/ ) has developed a new model for
the benefit of Patients, Providers and Insurers alike -- the
Community Health System or CHS. In a CHS, the Patient is recognized
as a true consumer of healthcare services. Patients are engaged to
actively work alongside their Physician in pursuit of their
improved healthcare lifestyle. This tandem approach to a Patient's
health benefits the Insurer, the Physician and, most importantly,
the Patient as it emphasizes a proactive approach to wellness. The
mission of Renaissance Health Systems (RHS) is to provide quality,
proactive and cost-effective healthcare to our Patients while
simultaneously improving their quality of life and lifestyle. RHS
contracts with Florida Health Maintenance Organizations (HMOs) to
coordinate the care of Patients in a proactive and cost-effective
environment. The Company's efforts are in support of the CMS
objective to expand the healthcare options available to Medicare
beneficiaries. Certain statements contained in this news release,
which are not based on historical facts, are forward-looking
statements as the term is defined in the Private Securities
Litigation Reform Act of 1995, and are subject to uncertainties and
risks in part detailed in the respective Company's Securities and
Exchange Commission 10-K, 10-Q, S-8 and 8-K filings, that may cause
actual results to materially differ from projections. Although the
Company believes that its expectations are reasonable assumptions
within the bounds of its knowledge of its businesses and
operations, there can be no assurance that actual results will not
differ materially from their expectations. Important factors
currently known to management that could cause actual results to
differ materially from those in forward-looking statements include
the Company's ability to execute properly its new business model,
to raise additional capital to implement new business models, the
ability to attract and retain personnel, and the inherent risk
associated with a diversified business to achieve positive cash
flow. In light of these risks and uncertainties, there can be no
assurance that the forward-looking information contained in this
press release will, in fact, occur. Media Contact: Danielle Amodio
Vice President Corporate Communications The Quantum Group, Inc.
561.798.9800 DATASOURCE: The Quantum Group, Inc. CONTACT: Danielle
Amodio, Vice President Corporate Communications, The Quantum Group,
Inc., +1-561-798-9800 Web site: http://www.thequantumgroupinc.com/
http://www.rhsfl.com/
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