Tuesday, May 08, 2012 12:29:30 PM
Unity Management Group, Inc. (OTC: UYMG) (or "the Company") announced today that the name of its United Healthcare Solutions (UHS) subsidiary has been changed to Unity Capital Acquisitions in order to better reflect its current business and future role in the Company. Unity Capital Acquisitions will focus on building and accelerating growth-oriented companies, with the intent of spinning them out to our shareholders as separate public companies. Originally a Nevada based healthcare company comprised of a medical, vision and dental discount plan, UHS has earmarked several key acquisitions to increase the market capitalization of Unity Management Group's common stock.
Unity Management Group President, Michael Oliver said, "As we moved toward developing our healthcare subsidiary, we consistently found numerous companies with significant potential that were interested in trading publicly. Since the costs of marketing and administration were the biggest setbacks to developing the healthcare discount plan, our research indicates the acquisition side of the business allows us to move much faster and requires less capital." Mr. Oliver continued, "Our network of contacts in the financial community, as well as our experience in the public markets, facilitates the development of relationships that may lead to financing, joint ventures and other opportunities that are so essential in this age of business and technological relationships. We are very excited about this landmark event and are optimistic shareholders will see the benefits of our efforts in the near term."
About Unity Management Group, Inc.
Unity Management Group, a health resource company, will continue to provide innovative physician practice management services that offer high value and significant return on investment for physicians practices and hospitals through its three subsidiary companies: Unity Capital Acquisitions, Unity Technologies Inc., and United Business Services Inc.
The first subsidiary, United Business Services, is a full service management company offering solutions in practice management, billing, staffing, contracting, licensing, credentialing, and accounting. United Business Services also offers assistance in HIPAA compliance, marketing, and unique solutions for practice start-ups and new practices.
Unity Technologies Inc. is a complete software solutions company offering billing, electronic medical records, and electronic health records for physicians' offices and hospitals.
Unity Capital Acquisitions will focus on building and accelerating growth oriented companies, with the intent of spinning them out to our shareholders as separate public companies.
For more information please go to our website which can be found at
www.unitymanagementgroup.com www.mcc-online.com
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