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The Quantum Group Expands Payer Partnerships
Date:7/8/2008

Signs first statewide contract

WELLINGTON, Fla., July 8 /PRNewswire-FirstCall/ -- The Quantum Group (Amex: QGP) (http://www.QuantumMD.com) has announced that Renaissance Health Systems, a Quantum subsidiary company, has executed a contract covering the state of Florida, with a new statewide payer (health plan) partner. Historically, Renaissance has contracted with payers on a county by county basis. This new contract encompasses all 26 counties in Florida where Renaissance has established Community Health Systems (CHS) -- a term the Company has adopted to refer to the network of healthcare providers affiliated with Renaissance in each county. In addition, the contract provides for the continual expansion of the partnership as Renaissance builds Community Health Systems throughout the state.

Noel J. Guillama, President & CEO of The Quantum Group, commented, "This statewide contract marks a significant milestone in our development. Major payers in the state of Florida are taking note of the solid infrastructure we have established in Florida with our 2,000-plus affiliated providers. We strategically built the footprint of this Company to include statewide growth opportunities for health plans already in Florida and for those wishing to begin operations here. Our model has been validated as we now have eight payer partners utilizing our 26 Community Health Systems."

Guillama continued, "We are pleased by this progress and expect that we will remain on track to reach our projected 2,500 affiliated providers and 5,000 patients under management by the end of this calendar year. We further anticipate that we will have developed an additional 6 counties by
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SOURCE The Quantum Group
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