PWeR(TM) Presenting at HIMSS Conference in Chicago
06 Avril 2009 - 1:00PM
PR Newswire (US)
WELLINGTON, Fla., April 6 /PRNewswire-FirstCall/ -- The Quantum
Group, Inc. (NYSE Amex: QGP) (http://www.quantummd.com/), a
Healthcare Services Organization (HSO), announced today that
PWeR(TM) (Personal Wellness electronic Record), the Quantum
healthcare information platform and IBM hosted solution, is
presenting in the IBM Booth at the 2009 HIMSS (Healthcare
Information and Management Systems Society) Conference. The HIMSS09
conference is being held April 4 - April 8th at McCormick Place in
Chicago. PWeR is being introduced to conference attendees as a
solution for interconnectivity for the highly fragmented healthcare
industry and as a key component of Pc3 (Patient Centered
Collaborative Care), IBM's Medical Home solution. The
patient-centric system is a service-oriented model that meets the
needs of payers (HMO/MSO/large employers), physicians, governmental
health agencies and facilities (hospitals, nursing homes, long term
care, etc.) as PWeR provides accessibility to comprehensive patient
information that is vital to the efficiency and effectiveness of
each entity. Pete Martinez, Quantum Senior Vice President and Chief
Technology & Innovations Officer, led the development of PWeR
and is present at the HIMSS conference to introduce the platform to
attendees. Martinez commented, "The timing to present PWeR at the
world-renowned HIMSS conference is perfect. As our Country's
leadership has placed mandates for the technological transformation
of the healthcare industry and has dedicated $19 billion of the
federal stimulus monies to do so, we believe PWeR is one of the
natural solutions that will meet industry-wide acceptance. The
HIMSS conference brings the best and brightest minds from the
industry together to collaborate on the future of healthcare. We
are engaging in new dialogues that talk of patient care in terms of
prevention and wellness, rather than treatment and care. There has
never been a more exciting time to be intertwined in an industry on
the verge of such tremendous transformation and opportunity."
According to HIMSS, the conference is "where physicians, nurses,
HIT executives, pharmacists, vendors and healthcare IT
professionals from around the world come together for a week that
will forever change the face of healthcare IT. They come in search
of solutions. They leave with a shared vision." About The Quantum
Group, Inc. The Quantum Group is an innovation-driven Healthcare
Services Organization (HSO) which provides business process
solutions, service chain management, strategic consulting and
leading edge technology innovations to the healthcare industry.
Through our dynamic patient-centric architecture, we empower the
communication that is critical for the coordination of care and
take aim at the $700 billion inefficiency gap in the United States
healthcare industry. We are guided by a mission to develop
efficiencies, improve the quality of patient care and achieve cost
reductions for the nation's largest and fastest growing industry.
We have developed leading-edge technology with the creation and
deployment of a series of innovative patent-pending initiatives.
Through approximately 2,000 healthcare providers and multiple
insurance company relationships under management, we are positioned
to be a catalyst for change to the Florida healthcare industry.
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-K, 10-Q, 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 HMO
clients and to continue to supply the services needed by these HMO
clients as well as provider clients. We have further risk in the
deployment of our PWeR(TM) technology platform and the continuing
infrastructure development, hosting, security, sales and servicing;
further potential complications by the utilization by our clients,
technical and software setbacks, cost of development, as well as
the capital to deploy it as well as pricing and completive
pressures. We are also subject changes in federal and state
government regulations dealing with both our provider system and
our technology solutions that could have a material economic affect
and cause interruptions of services. We are also subject to
contractual risk, expenses and compliance with our alliance
partner(s) agreements. The 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. FOR MORE INFORMATION, PLEASE CONTACT:
RedChip Companies Dave Gentry: 407-644-4256, Ext. 104 or PR
Financial Marketing Jim Blackman: 713-256-0369 or The Quantum
Group, Inc. Danielle Amodio: 561.798.9800 DATASOURCE: The Quantum
Group, Inc. CONTACT: Dave Gentry , RedChip Companies,
+1-407-644-4256, Ext. 104, ; Jim Blackman, PR Financial Marketing,
+1-713-256-0369, ; Danielle Amodio, The Quantum Group, Inc.,
+1-561-798-9800, Web Site: http://www.quantummd.com/
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