Renaissance Health Systems of Florida, Inc. Secures First Operational Community Health System in Florida
July 27 2005 - 9:00AM
PR Newswire (US)
Renaissance Health Systems of Florida, Inc. Secures First
Operational Community Health System in Florida WELLINGTON, Fla.,
July 27 /PRNewswire/ -- Renaissance Health Systems of Florida, Inc.
(RHS), announced today that the Company's first Community Health
System (CHS) has become fully certified and operational in Volusia
County with principal cities of Daytona Beach, New Smyrna Beach,
Port Orange and Ormond Beach. The Quantum Group, Inc. (OTC:QTUM)
(BULLETIN BOARD: QTUM) the parent of RHS, announced on April 6,
2005 that a after two years of planning and nearly a year of
implementation and development, that it had reached an agreement
with a Florida-based Health Maintenance Organization. Through this
agreement, RHS coordinates healthcare through its Community Health
System, which has been specifically designed to provide care to
Medicare Advantage members. "We are very pleased that after a
substantial investment of time and resources, and meeting with the
best and brightest of Volusia County medicine, we have organized
and received approval to begin operations" commented Noel J.
Guillama, President of Renaissance Health Systems of Florida, Inc.
He went on to say, "Though we today have a network of Providers in
strategic areas of Volusia County we look forward to expanding our
network to provide our future patients even better coverage and
more options for their care." RHS disclosed today that the HMO is
Citrus Health Care of Tampa, Florida http://www.citrushc.com/. As
of July 1, 2005, RHS reported it has reached agreement with over
400 Providers along Florida's east coast and anticipates to
contract with 900-1000 Providers in 13 Florida counties by year's
end. These efforts enable the Company to begin to provide more
options to Patients, Providers and Managed Care Organizations later
this year and early in 2006. Among the recent accomplishments of
RHS is the unveiling of its state-of- the-art, interactive website
at http://www.rhsfl.com/ which features an extensive "Health &
Wellness Center." Renaissance Health Systems 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 along side 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. The Quantum Group, Inc. 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; developing three patent-pending
healthcare solutions identified as Cybernaptics(SM), Quantum
Quotient(SM) (or QX2(SM)) and MDAutomated(SM), all to provide new
efficiencies to the $1.8 trillion U.S. healthcare system; and
providing leading-edge healthcare services to consumers. The
Quantum Group -- "healthcare solutions for a new generation"(SM).
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 model, 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 Corporate Communications Officer
877.778.9300 DATASOURCE: Renaissance Health Systems of Florida,
Inc. CONTACT: Danielle Amodio, Corporate Communications Officer of
Renaissance Health Systems of Florida, Inc., 1-877-778-9300, Web
site: http://www.rhsfl.com/ http://www.citrushc.com/
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