WELLINGTON, Fla., March 23 /PRNewswire-FirstCall/ -- The Quantum Group, Inc. (NYSE Amex: QGP), a Healthcare Services Organization (HSO), announced today that Pete Martinez, Quantum Senior Vice President and Chief Technology & Innovations Officer, is scheduled to present at the 2009 RedChip Small-Cap Investor Conference and Health Tech Investment Forum in San Francisco. The presentation is scheduled for 10:15 a.m. and 4:30 p.m. (Pacific Daylight Time) on Tuesday, March 24, 2009 at the Le Meridien San Francisco hotel (333 Battery Street).
Martinez will provide an overview on The Quantum Group and will highlight PWeR(TM) (Personal Wellness electronic Record(TM)), the innovative, patent-pending healthcare technology system developed by the Company. PWeR bridges the communication gap between physicians, hospitals, clinics, payers (insurers) and patients as it connects all of the applications and systems utilized by healthcare professionals into one web-based, patient-centric platform. Hosted by IBM, PWeR provides the scalability and security required to facilitate the business needs of payers, providers, facilities and governmental agencies.
Martinez commented, "We believe PWeR is the right solution at the right time. There is now a federal mandate to technologically drive healthcare into the 21st Century. The federal Stimulus Package has allocated $19.2 billion for healthcare technology, largely to implement and promote architecture that supports a nationwide electronic information exchange. To achieve the level of transformation required to accomplish this objective, we believe that a system-wide, comprehensive approach to connect patients to their complete health record must be put into play. We believe the solution must provide high value for payers, providers, facilities and health agencies to incentivize the interconnectivity required to drive this transformation - and PWeR does just that."
RedChip investor conferences are a nationally-known forum for emerging small-cap companies to present their stories before hundreds of fund managers, institutional and accredited investors, and research analysts. For this event, RedChip has partnered with the Health Technology Investment Forum to bring together leading investors, market leaders, and high-growth companies for a full day of dynamic presentations and Q&A sessions by CEOs and executive teams. The event will feature a dedicated presentation track for healthcare technology companies and a second track for emerging growth companies representing a diverse range of sectors.
Investors around the world will be able to view live webcasts of the company presentations via http://www.RedChip.com. An archived version of Quantum's presentation will be available on RedChip's Web site for up to 90 days.
For additional information or to schedule a one-on-one meeting with The Quantum Group Inc. at this event, please contact Jon Cunningham at 407-644-4256, Ext. 107, or email email@example.com.
About The Quantum Group, Inc.
The Quantum Group is an innovation-driven Healthcare Services Organization (HSO) that provides business process solutions, service chain management, strategic consulting and leading edge technology to the healthcare industry.
We have developed PWeR(TM), a cutting-edge, patent-pending healthcare technology platform that we believe to be in line with President Obama's agenda for healthcare reform. The Stimulus Package provides $19 billion for the implementation of healthcare information technology to infuse efficiencies, reduce costs and improve the quality of patient care. PWeR can integrate all of the functions a physician/provider, hospital, clinic and related professionals utilize in one patient-centric, web-based platform and falls well within the economic incentives offered by the new law. We believe we are positioned to be a catalyst for change as we take aim at the $700 billion inefficiency gap in the United States healthcare industry.
PWeR stands for Personal Wellness electronic Record(TM). This HIPAA-compliant, intelligent healthcare information platform hosts medical records and permits interactive use. Medical records will follow the patient, giving every healthcare provider that sees a particular patient access to all the information needed to assist in their diagnosis and treatment plan. Providers can access a patient's entire medical record at one glance. Patients can look back over physician instructions or track their wellness progress. In critical situations or in providing treatment to PWeR patients, hospitals are enabled to access full medical histories and make educated treatment decisions based on accurate data. That's PWeR - complexity meets simplicity.
About RedChip Companies, Inc.
RedChip Companies is an international, small-cap research and financial public relations firm headquartered in Orlando, Florida; with affiliate offices in Qingdao, China; Paris, London, Atlanta, Los Angeles and San Diego. Since 1993, RedChip has been a source for small-cap research and investor awareness services for emerging growth companies. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/productsandservices.asp.
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, SB-2, S-1 and 8-K filings (and amendments thereto) that may cause actual results to materially differ from projections. Forward-looking statements can be identified by the use of words such as "expects," "plans," "will," "may," "anticipates," "believes," "should," "intends," "estimates" "could" and other words of similar meaning. These statements are subject to risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by these forward-looking statements. Such risk factors include, without limitation, the ability of the Company to properly execute its business model, to raise substantial and immediate additional capital to implement its business model, to continue revenue growth trend in fiscal year 2009, to control patient medical cost relative to income received, to attract and retain executive, management and operational personnel, to continue growing its patient base, to negotiate favorable current debt and future capital raises, to negotiate favorable agreements with a diversified provider base and to continue to supply the services needed by its HMO clients as well as physician clients. We have further risk in the deployment of our technology platform, the utilization by our clients, technical and software setbacks, cost of development, as well as the capital to deploy it. We are subject further to interruptions of service. Company does not undertake any obligation to publicly update any forward-looking statements. As a result, investors should not place undue reliance on these forward-looking statements.
Red Chip Companies Jon Cunningham 1-800-733-2447, Ext. 107 firstname.lastname@example.org or The Quantum Group, Inc. Danielle Amodio: 561.798.9800 DAmodio@QuantumMD.com
|SOURCE The Quantum Group, Inc.|
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