WELLINGTON, Fla., March 21 /PRNewswire-FirstCall/ -- The Quantum Group, Inc. (OTC:QTUM) (BULLETIN BOARD: QTUM) (http://www.qtum.com/) announced today the formation of its newest subsidiary company, Renaissance Hospital Associates, Inc. (RHA). RHA was created to be a full service hospitalist group. Dedicated to managing hospital admissions for primary care providers (PCPs) and managed care organizations (MCOs) in South Florida, RHA physicians will be responsible for the coordination of care during the patient's hospital stay. Statistics show the use of a Hospitalist program decreases the number of patient hospital days by 54%, total hospital costs by 14%, and the 14 day re- admission rate(1); however, communications between PCPs and Hospitals have historically been a problem area. RHA's goal is to improve communication between all the parties involved. Quantum President & CEO Noel J. Guillama commented, "The Hospitalist service is a key element in our comprehensive vision to provide continuous clinical care of our patients. Integrating the PCPs, specialists, hospitalists and hospital personnel with our case management system will aid in providing the best communication and desired outcomes for patients, while significantly reducing overall healthcare costs." The new Quantum subsidiary will soon be implementing the Quantum Electronic Health Record (EHR) to assist PCPs and hospitalists with communicating the patient's current status. In conjunction with the EHR, the Patient Care Management team of Renaissance Health System of Florida (RHSFL) - - another Quantum company -- will facilitate the accuracy of information within the EHR and among all healthcare providers. The RHA method brings communication full circle between hospitalists, PCPs and the Patient Care Management team to fully coordinate the appropriate care of PCP-admitted patients as well as patients admitted through the emergency room. As a result, PCPs can focus on their daily patient care and other office duties, with full confidence that their admitted patients are taken care of by the hospitalist on site. The National Provider Identifier (NPI) Number for RHA has been recently received and the Company expects to begin operations in the coming weeks. Further, the Company has opened a regional business office in Miami through which it will facilitate RHA operations. RHA is located at 8660 West Flagler Street, Miami, FL 33144. (1) CambridgeHealth Resources, Highlights of Hospitalists: The Next Level, Learning from the Leaders, Implementation & Improvement Strategies (March 1999) The Quantum Group, based in Wellington, Florida, is one of Florida's largest community based healthcare provider systems. In conjunction with its subsidiary companies, Renaissance Health System of Florida, Inc. (RHS) (http://www.rhsfl.com/) and QMed BILLING, Inc. (http://www.qmedbilling.com/), Quantum provides administrative and support services to the Florida Medicare Advantage managed care industry as well as to the over burdened physicians of Florida. Through our growing number of nearly 1,200 contracted physicians and multiple managed care relationships in the state of Florida, we are strategically positioned to bring increased and highly valued efficiencies to the over $100 billion Florida healthcare industry. According to an article published in the August 22, 2006 edition of the New York Times (By Gina Kolata), "By 2030, predicts Robert W. Fogel, a Nobel laureate at the University of Chicago Graduate School of Business, about 25 percent of the G.D.P. will be spent on health care, making it "the driving force in the economy," just as railroads drove the economy at the start of the 20th century." 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, 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, expectations, representations 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 substantial and immediate additional capital to implement its continuing business model, the ability to attract and retain personnel - including highly qualified executives, management and operational personnel, ability to negotiate favorable current debt and future capital raises, ability to manage the care of its patients with reasonable medical loss ration, ability to negotiate beneficial managed care agreements with a diversified and expanding provider base, continue to supply the services needed by the HMO clients as well as the growing list of physician clients 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 of The Quantum Group, Inc., +1-561-798-9800 Web site: http://www.qtum.com/ http://www.rhsfl.com/ http://www.qmedbilling.com/

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