The Quantum Group Announces Continued Expansion of Community Health Systems
22 Janeiro 2008 - 12:00PM
PR Newswire (US)
Number of contracted providers expands to 1,800 WELLINGTON, Fla.,
Jan. 22 /PRNewswire-FirstCall/ -- The Quantum Group, Inc.
(AMEX:QGPAMEX:QGP.WS.AAMEX:QGP.WS.B) (http://www.quantummd.com/)
announced today that the number of healthcare providers contracted
with Renaissance Health System of Florida, Inc.
(http://www.rhsfl.com/), a subsidiary of Quantum, has expanded to
1,800. Renaissance Providers serve over 1,500 patients, a number
that continues to grow daily as the Medicare Advantage open
enrollment period runs from January 1, 2008 through March 31, 2008.
Further, Renaissance has established Community Health Systems in 26
Florida counties. Renaissance has contracts with five Florida
Health Maintenance Organizations (HMOs) and expects to continue to
expand those relationships. Historically, healthcare providers in
Florida have had at least eleven contracts with different HMOs,
each with a unique set of terms and parameters, ie. different
contracts, procedures, ways of conducting business; all of which
are at different prices. The Quantum model consolidates those
relationships and creates a more effective and efficient working
environment for the providers and payers. With Renaissance,
providers need only call one place, and Quantum will take care of
the rest. Noel J. Guillama, President & CEO of The Quantum
Group of Companies explained, "The continued growth of our
Community Health Systems is further proof that our model has been
successfully designed to provide great benefit to healthcare
providers. Our structure allows physicians to outsource the
management of the relationship with the HMOs we represent. Our
providers are able to direct their focus toward achieving higher
efficiency and quality of patient care." Guillama continued, "We
assume administrative responsibility for the relationships with the
HMOs on behalf of our providers. We believe our Providers find
great value in this service." Barbara A. Roqueta, Senior Vice
President Provider Operations, leads the team of Provider
Specialists charged with establishing and managing the relationship
with the 1,800 Renaissance-affiliated Providers. Ms. Roqueta
commented, "Our team of Provider Specialists is widely regarded as
the most professional, results-oriented and responsive
representatives in the industry. The continued growth of our
Community Health Systems is largely attributed to the strength and
professionalism of this team, and I look forward to its continued
success." Roqueta continued, "As a member of The Quantum Group of
Companies, Renaissance is able to offer personalized benefits for
our providers as well. A primary role of our team is to serve as a
consultant for our providers and to help identify additional ways
for them to increase the productivity and efficiency of their
practice while reducing their costs. Whether we can connect them
with The Quantum Agency to manage and protect their assets or to
QMed Solutions for their billing and collections needs, Renaissance
brings customized, value-add services to each provider we serve."
About the Company The Quantum Group, Inc. is a Florida-based
organization. The Company builds and manages healthcare systems and
offers consulting and outsourcing services that will be leveraged
by leading-edge technology to the nation's largest and fastest
growing industry -- healthcare. The Company is engaged in the
development and execution of a series of innovative patent-pending
technology initiatives designed to make Quantum one of the state's
leading providers of business solutions for the healthcare
industry. Through its growing number of 1,800 contracted physicians
and managed care relationships in the state of Florida, the Company
believes it is positioned to bring increased efficiencies to the
Florida healthcare industry. 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
substantial uncertainties and risks in part detailed in the
respective company's Securities and Exchange Commission 10-KSB,
10-QSB, S-8 and 8-K filings (and amendments thereto) that may cause
actual results to materially differ from projections.
Forward-looking statements can be identified by the use of words
such as "expects," "plans," "will," "may," "anticipates,"
"believes," "should," "intends," "estimates" and other words of
similar meaning. These statements are subject to risks and
uncertainties that cannot be predicted or quantified and,
consequently, actual results may differ materially from those
expressed or implied by these forward-looking statements. Such risk
factors include, without limitation, the ability of the Company to
properly execute its business model, to raise substantial and
immediate additional capital to implement its business model, to
attract and retain executive, management and operational personnel,
to negotiate favorable current debt and future capital raises, to
negotiate favorable agreements with a diversified provider base and
to continue to supply the services needed by its HMO clients as
well physician clients. The Company does not undertake any
obligation to publicly update any forward-looking statements. There
can be no assurance that the provisional patents discussed in this
press release will be granted by the US Patent and Trademark
Office, or, if they are granted, they will not be challenged by
third parties, or if not that we will be able to effectively use or
commercialize such patents and/or we may not have the resources to
deploy such technology. As a result, investors should not place
undue reliance on these forward-looking statements. FOR MORE
INFORMATION, PLEASE CONTACT: Elite Financial Communications Group,
LLC Daniel Conway, Chief Strategist 407.585.1080 or via email at Or
BPC Financial Marketing John Baldissera 800.368.1217 Or Danielle
Amodio Vice President, Corporate Communications The Quantum Group,
Inc. 561.798.9800 DATASOURCE: The Quantum Group, Inc. CONTACT:
Daniel Conway, Chief Strategist of Elite Financial Communications
Group, LLC, +1-407-585-1080, ; or John Baldissera of BPC Financial
Marketing, +1-800-368-1217; or Danielle Amodio, Vice President,
Corporate Communications of The Quantum Group, Inc.,
+1-561-798-9800 Web site: http://www.quantummd.com/
http://www.rhsfl.com/
Copyright