The Quantum Group, Inc. Completes Consolidation of Renaissance Health Systems, Inc.; Continues to Build New Integrated Delivery

The Quantum Group, Inc. Completes Consolidation of Renaissance
Health Systems, Inc.; Continues to Build New Integrated Delivery Systems and
Expects Deployment by Year-End 


WELLINGTON, Fla., Aug. 9  /PRNewswire-FirstCall/ -- The Quantum Group, Inc.
(OTC:QTUM) (BULLETIN BOARD: QTUM)  today disclosed that as previously announced
and expected, it has completed the acquisition and consolidation of 100% of the
interest of Renaissance Health Systems, Inc. (RHS).

RHS was established in 2002 by the principal shareholders of The Quantum Group,
Inc. to develop a new healthcare delivery model, which specializes in managed
care Percentage of Premium (POP) contracting with Health Maintenance
Organization outsourcing for the federal Medicare Advantage.

Noel J. Guillama, founder and principal shareholder of both The Quantum Group
and Renaissance Health Systems, Inc., commented, "The consolidation of RHS into
The Quantum Group represents the completion of round four of our full
integration of products and services.  Our strategic plan includes that by
year-end we will be providing a large selection of products and services to the
entire healthcare industry -- from managed network services to health
maintenance organizations to billing and practice management and healthcare
technology services to physicians, HMOs and patients."

The RHS strategy is to create a new type of healthcare delivery system built on
the extensive experience of our management team. The Company expects to create
a new model for healthcare called the Community Health System(SM).

In 2004 total health spending in the U.S. will account for over 15 percent of
the nation's gross domestic product (GDP). The Department of Health and Human
Services (HHS) announced that healthcare spending shot up 9.3 percent in 2002
-- the largest increase in 11 years -- to a total of $1.55 trillion. HHS
further estimates that healthcare expenditures will reach $2 trillion by 2008,
which represents an increase for each person from $5,440 to $7,100 in the
United States alone. Projections put health spending at 17.7 percent of GDP by
2008.

According to President George W. Bush's proposed 2005 Federal Budget, Medicare
Advantage (formerly Medicare + Choice) growth is projected to increase nearly
100% over the next 4 years. In addition, actual "per member per month" (PMPM)
payments to Managed Care Organizations (MCO) are expected to be increased by a
record 10.6 percent nationwide. In Palm Beach County Florida where the Company
is based, federal funding to Medicare HMO's is increasing about 16 percent.
HMOs will receive $734.51 per member monthly from the federal government, up
from $633.86 per member per month.

The Quantum Group, Inc., is a Wellington, Florida-based healthcare company in
its development stage providing outsourcing, technology-based solutions,
government compliance, education, policy consulting and venture management to
the healthcare industry. Quantum is currently involved in: outsourcing for
physicians, managed care organizations, healthcare facilities, and physician
associations; developing three patent-pending healthcare solutions identified
as Cybernaptics(SM), Quantum Quotient(SM) (or QX2)(SM) and MDAutomatedSM, all
with the intention to provide new efficiencies to the $1.6 billion U.S.
healthcare system; and providing leading edge healthcare services to consumers.

The Quantum Group -- "healthcare solutions for a new generation."(SM)

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 model, 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 report will,
in fact, occur.

  Media Contact:
  Danielle Amodio
  Director of Corporate Communications
  The Quantum Group, Inc.
  http://www.thequantumgroupinc.com/
  561-798-9800


DATASOURCE: The Quantum Group, Inc.



CONTACT:  Danielle Amodio, Director of Corporate Communications, The

Quantum Group, Inc., [phone]



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

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