SK3 Group's Hospice Subsidiary Expands Across Southern California
March 16 2010 - 9:33AM
Marketwired
SK3 Group, Inc. (PINKSHEETS: SKTO) announces
that Angels of the Valley Hospice Care
(www.angelsofthevalleyhospice.com) now offers complete palliative
services at its Artesia, California branch, the company's second
location. This extends Angels of the Valley's hospice care coverage
into Artesia, Long Beach, and Orange County. The original Montrose
location currently offers care to patients across the greater Los
Angeles area.
The hospice industry is predicted to grow favorably in the
coming years as more patients use the service, and experience
longer stays. This growth is the result of a number of factors,
including a rising public awareness of the service, which allows
patients to focus on comfort and quality of life, rather than
curative treatments, supported by an interdisciplinary team of
professionals. Hospice is an attractive option for patients because
charges per day are substantially lower than hospitals and skilled
nursing facilities. A recent report published by the Department of
Health and Human Services indicates that reimbursement rates for
Medicare and Medicaid hospice patients will increase as of January
2010. Labor statistics further support the growth of the industry:
since April 2009, the demand for professionals in the hospice
industry has increased by 314%, despite the economic recession.
About SK3 Group, Inc.
SK3 Group markets preferred medical services through its
facilitation and offers a range of services in the healthcare
industry. Its mission of offering comprehensive healthcare services
is embodied in its three companies: Nurses Online, Angels of the
Valley Hospice Care, and Medical Billing Specialist. In addition to
offering the most valued healthcare services in the industry today,
including hospice care, the company explores opportunities in
supportive healthcare business services. Corporate information can
be found at http://www.sk3groupinc.com.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This news release may contain forward-looking
information within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, including statements that include the words
"believes," "expects," "anticipates" or similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to differ materially
from those expressed or implied by such forward-looking statements.
This news release speaks as of the date first set forth above and
the Company assumes no responsibility to update the information
included herein for events occurring after the date hereof.
Contact: SK3 Group, Inc. Peter Bell, President Tel: (760)
268-9611 Email Contact
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