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Noel J. Guillama, President & CEO of The Quantum Group, commented, "Thisstatewide contract marks a significant milestone in our development. Majorpayers in the state of Florida are taking note of the solid infrastructure wehave established in Florida with our 2,000-plus affiliated providers. Westrategically built the footprint of this Company to include statewide growthopportunities for health plans already in Florida and for those wishing tobegin operations here. Our model has been validated as we now have eight payerpartners utilizing our 26 Community Health Systems."
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Guillama continued, "We are pleased by this progress and expect that wewill remain on track to reach our projected 2,500 affiliated providers and5,000 patients under management by the end of this calendar year. We furtheranticipate that we will have developed an additional 6 counties by the end ofthe year marking 32 Community Health Systems."
About The Quantum Group, Inc.
The Quantum Group provides business process solutions, service chainmanagement, strategic consulting and leading edge technology innovations tothe healthcare industry.
Through our dynamic patient-centric architecture, we empower thecommunication that is critical for the coordination of care and take aim atthe $600 billion inefficiency gap in the United States healthcare industry. Weare guided by a mission to develop efficiencies, improve the quality ofpatient care and achieve cost reductions for the nation's largest and fastestgrowing industry.
We have developed leading-edge technology with the creation and deploymentof a series of innovative patent-pending initiatives. Through approximately2,000 healthcare providers and multiple insurance company relationships undermanagement, we are positioned to be a catalyst for change to the Floridahealthcare industry.
Certain statements contained in this news release, which are not based onhistorical facts, are forward-looking statements as the term is defined in thePrivate Securities Litigation Reform Act of 1995, and are subject tosubstantial uncertainties and risks in part detailed in the respectivecompany's Securities and Exchange Commission 10-KSB, 10-QSB, S-8 and 8-Kfilings (and amendments thereto) that may cause actual results to materiallydiffer from projections. Forward-looking statements can be identified by theuse of words such as "expects," "plans," "will," "may," "anticipates,""believes," "should," "intends," "estimates" and other words of similarmeaning. These statements are subject to risks and uncertainties that cannotbe predicted or quantified and, consequently, actual results may differmaterially from those expressed or implied by these forward-lookingstatements. Such risk factors include, without limitation, the ability of theCompany to properly execute its business model, to raise substantial andimmediate additional capital to implement its business model, to attract andretain executive, management and operational personnel, to execute additionalcontracts with payers, to expand the CHS network, to negotiate favorablecurrent debt and future capital raises, to negotiate favorable agreements witha diversi
