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The Quantum Group Announces Increased Patient Enrollment Following Medicare Advantage Open Enrollment Period
Date:4/3/2008

Announces business plans for patient recruitment for the balance of the

year

WELLINGTON, Fla., April 3, 2008 /PRNewswire-FirstCall/ -- The Quantum Group, Inc. (Amex: QGP, QGP.WSA, QGP.WSB) (http://www.QuantumMD.com) announced today that, following an open enrollment period instituted by The Centers for Medicare and Medicaid Services (CMS), the Company's subsidiary, Renaissance Health Systems, increased its enrolled Medicare Advantage base to 2,240 and is on track to reach a projected 5,000 enrollments by December 31, 2008.

During the CMS open enrollment period, which runs from November 15th through March 31st of each year, Medicare-eligible patients are allowed to choose or switch health plans. Patients who come of eligible age for Medicare or Medicaid during the balance of the year as well as those who become eligible to receive both Medicaid and Medicare benefits or are eligible for special needs waivers, are able to select a plan year round.

Noel J. Guillama, President and CEO of The Quantum Group, stated earlier this week that the Company plans to continue recruitment of Medicare eligible individuals for the remainder of the year. Mr. Guillama said, "The state of Florida welcomes new residents by the thousands each month, many of which are Medicare-eligible and looking to retire in the Sunshine State. We will continue to work with our HMO partners to pursue marketing initiatives geared to the newly Medicare eligible, those who are receiving both Medicare and Medicaid benefits as well as those with special needs waivers."

Guillama continued, "We are also in discussions with our HMO partners to cultivate new or transferred providers and/or patient assignments who are already enrolled in Medicare Advantage plans with each respective HMO.

"Our strategy is on track to focus on the continued growth of our provider base and enhancement of o
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SOURCE The Quantum Group, Inc.
Copyright©2008 PR Newswire.
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