Quantum Group Announces Completion of Four New Community Health Systems: Palm Beach and Treasure Coast Providers Join the Renai

WELLINGTON, Fla., March 16  /PRNewswire-FirstCall/ -- The Quantum Group, Inc. (OTC:QTUM) (BULLETIN BOARD: QTUM)  ( http://www.qtum.com/ ) announced that its subsidiary Renaissance Health System of Florida, Inc. (RHS) ( http://www.rhsfl.com/ ) has completed Community Health Systems (CHSs) in Palm Beach, Okeechobee, Martin and St. Lucie Counties.  This area boasts a rapidly growing population, with a significant number of Baby Boomers calling this area home.  Currently, the Medicare-eligible population of this cumulative area includes nearly 360,000 seniors.  Further, St. Lucie County has been listed among the fastest-growing counties nationwide, according to a recent release by the U.S. Census Bureau.

The Community Health System (CHS) model was developed by Renaissance Health Systems for the benefit of patients, providers and insurers alike.  In a CHS, the patient is recognized as the true consumer of healthcare services and is actively engaged to work alongside their physician in pursuit of their improved healthcare lifestyle.

Previously the Company has announced the completion of three other strategic Community Health Systems in Volusia, Miami-Dade and Broward Counties.  With the completion of these additional systems, the Medicare- eligible population that benefits from this Patient-centric model includes upward of 1 million seniors.

RHS President & CEO, Noel J. Guillama, commented, "Our Company is thrilled to have reached this next plateau in our continued expansion.  These four new Community Health Systems were established in vital areas, many of which are highly underserved and whose senior residents deserve increased options for their healthcare coverage."

Renaissance Health Systems has expanded its quality network of physicians and ancillary providers to nearly 700 -- each of whom practice within the respective counties managed by the Community Health Systems.  Future expansion plans include the Central Florida counties of Orange, Osceola and Seminole. The Company believes that continuous care is a vital component towards the improvement and maintenance of a patient's healthcare lifestyle.  This strategic growth plan also complements the existing CHSs as it provides seamless coverage for Patients who rely upon care from Providers in neighboring counties.  Thereby, Renaissance encourages a greater number of patients to sign up for the plan(s) and in turn fosters a higher retention rate.  A map identifying the Company's five-year growth plan can be viewed at http://www.rhsfl.com/whereweare .

Guillama stated, "I continue to be proud to have such a highly dedicated and talented team of Provider Specialists -- we think the best in the state. They represent us on a daily basis as they work tirelessly to find the best providers and to build our quality CHSs. Their efforts are largely why we have realized such success."

Quantum anticipates that by the end of the year, it will begin to provide additional key services to physicians, the first of which is expected to be billing and collections.  With these developments underway, the Company is on track to achieve its strategic objectives.

The Quantum Group, based in Wellington, Florida, is part of a strategic group of healthcare companies, with Quantum positioned as the parent.  In conjunction with its subsidiary companies, which include Renaissance Health System of Florida, Inc. (RHS) ( http://www.rhsfl.com/ ) and Quantum Medical Technologies (QMT), Quantum strategically addresses many of the service, management and technology needs of managed care organizations, physicians, healthcare facilities and physician associations that bring increased and highly valued efficiencies to the $2.1 trillion U.S. healthcare system.  The opportunity is to leverage and cross-promote the services and products of each respective organization with one another to capitalize upon the potential of this impressive target market.

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 uncertainties and risks in part detailed in the respective Company's Securities and Exchange Commission 10-K, 10-Q, S-8 and 8-K filings, that may cause actual results to materially differ from projections. Although the company believes that its expectations are reasonable assumptions within the bounds of its knowledge of its businesses and operations, there can be no assurance that actual results will not differ materially from their expectations. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include the company's ability to execute properly its new business model, to raise additional capital to implement new business models, the ability to attract and retain personnel, and the inherent risk associated with a diversified business to achieve positive cash flow. In light of these risks and uncertainties, there can be no assurance that the forward-looking information contained in this press release will, in fact, occur.

   Media Contact:
   Danielle Amodio
   Vice President Corporate Communications
   The Quantum Group, Inc.
   561.798.9800


DATASOURCE: The Quantum Group, Inc.



CONTACT:  Danielle Amodio, Vice President Corporate Communications, The

Quantum Group, [phone]



Web site:  http://www.qtum.com/

http://www.rhsfl.com/

http://www.rhsfl.com/whereweare 

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