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Physicians Adult Daycare, Inc. Today Announces No Affiliation/Connection With Recent Spam
Monday December 11, 9:05 pm ET
HOUSTON, TX--(MARKET WIRE)--Dec 11, 2006 -- Physicians Adult Daycare, Inc. (Other OTC:PHYA.PK - News) announces today that it is seeking the parties which are responsible for the recent unsolicited email barrage regarding the company.
ADVERTISEMENT
Physicians Adult Daycare, Inc. has recently became privy to bulk spam email that has been sent out without consent of Physicians Adult Daycare, Inc. and will act to seek accordingly from those parties for damages suffered by the company. The company emphasized that no such unsolicited communications had come from the company, nor had the company hired anyone to distribute them. PHYA is cooperating fully with various authorities in an attempt to discover who was responsible for these emails.
About Physicians Adult Daycare, Inc.
We provide needed services for a PROLONGED and ACTIVE LIFE for family loved ones on a daily basis WITHOUT THE CONFINEMENT of a NURSING HOME. We refer to those who use our services as CLIENTS. A typical day begins when our transportation system picks up your loved one at their home. After a continental breakfast, activities such as arts and crafts, games of pool or bingo, and exercise continue until lunch except on the days for scheduled group outings. A complete hot meal under dietary supervision is served before the rest period. Then activities resume until time for your loved one to be returned home. For more information go to the corporate website at http://www.physiciansadultdaycare.com/.
"Forward-Looking Statements"
Certain statements in this news release may contain 'forward-looking' information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.
Contact:
Contact Information:
http://www.physiciansadultdaycare.com
Investor Relations:
InvestSource Inc.
Roy Sahachaisere
866-427-2196
http://biz.yahoo.com/iw/061211/0193832.html
Sheesh! I’m getting tired of redirecting all those PHYA emails back to my ISP as SPAM.
Yeah Right! I’m gonna buy into a ‘stock’ based on SPAM emails.
Id
Physicians Adult Daycare, Inc. Enters Negotiations With Las Vegas Hotels to Accommodate Employees With Adult Daycare Needs
Tuesday December 19, 9:01 am ET
HOUSTON, TX--(MARKET WIRE)--Dec 19, 2006 -- Physicians Adult Daycare, Inc. (Other OTC:PHYA.PK - News) plans to open an adult health and daycare facility in the Las Vegas area designed to meet the needs of hotel employers and their employees. CEO Duane Starkey proclaims, "We are certain from statistics that in an employee pool exceeding 200,000 in Las Vegas (Clark County) there is a need for our service. We will save the employers money and greatly improve employee performance and morale."
LAS VEGAS and CLARK COUNTY STATISTICS
-- Clark County exceeds 1.35 million people currently.
-- Las Vegas exceeds 475,000 residents.
-- Two neighboring cities -- North Las Vegas and Henderson -- are among
the fastest growing cities in the nation. If it continues to expand at its
current pace, Clark County is projected to top 2 million people as early as
2006.
-- The residential boom feeds a commercial and retail economy, with
taxable sales now exceeding $16 billion annually.
Mr. Starkey goes on to state,"In the year 2000, Las Vegas (Clark County) there were over 107,000 households with individuals age 65 years or older and the number has constantly grown. This influx of Individuals age 65 and older shows potential for a large client base in the city and county for Adult Daycare services. In these 107,000 plus households, other individuals find themselves in the position of Caregivers. They are called informal caregivers."
INFORMAL CAREGIVERS: AFFECTED MARKET SEGMENT
The value of the services family caregivers provide for "free" is estimated to be $306 billion a year. That is almost twice as much as is actually spent on homecare and nursing home services combined as Arno, Peter S. wrote in "Economic Value of Informal Caregiving," presented at the Care Coordination and the Caregiving Forum, Dept. of Veterans Affairs, NIH, Bethesda, MD, January 25-27, 2006.
More than 50 million people provide care for a chronically ill, disabled or aged family member or friend during any given year according to the U.S. Department of Health and Human Services, Informal Caregiving 1998.
The typical family caregiver is a 46-year-old woman caring for her widowed mother who does not live with her. She is married and employed. Approximately 60% of family caregivers are women says 2004 National Alliance for Caregiving and AARP reports, Caregiving in the U.S.
National Alliance for Caregiving and the United Hospital Fund reported in 2005 that over 1.4 million children ages 8 to 18 provide care for an adult relative; 72% are caring for a parent or grandparent. Fortunately, most are not the sole caregiver.
U.S. Department of Health and Human Services reported in 2001 30% of family caregivers caring for seniors are themselves aged 65 or over; another 15% are between the ages of 45 to 54, while 17% of family caregivers are providing 40 hours of care a week or more.
The Center on an Aging Society, Georgetown University, page 2, May 2001 published the need for family caregivers will increase in the years ahead. People over 65 are expected to increase at a 2.3% rate, but the number of family members available to care for them will only increase at a 0.8% rate.
U.S. EMPLOYERS LOSE $34 BILLION A YEAR
According to the July 2006 "Productivity losses to U.S. Business" report done by MetLife Mature Market Institute and National Alliance for Caregiving, MetLife Care giving Cost Study states U.S. Employers lose as much as $34 Billion a year due to worker caregivers. These losses are due to absenteeism and lost productivity of workers who are taking time off to take care of their elderly loved ones. Family caregivers comprise 13% of the workforce (Administration on Aging, DHHS, 2002).
National Alliance for Caregiving and AARP 2004 states that 59% of family caregivers who care for someone over the age of 18 either work or have worked while providing care. And 62% have had to make some adjustments to their work life, from reporting late to work to giving up work entirely. The 1998 Business Work Life Study also states that 37% of human resource directors did not feel that their organizations made a real and ongoing effort to inform employees of available assistance for managing work and family responsibilities.
According to Dr. Donna Wagner, Professor, Director of Gerontology Program, Towson University, "Although hard research does not exist to prove it, researchers in the field think that only 2% of employed family caregivers actually take advantage of the benefits their companies offer.
In 2002, The National Study of the Changing Workforce wrote: One work-life program that has increased significantly is Elder Care Resource and Referral Services. More employees need Elder Care Services as the population ages. 35% of workers, men and women alike, say they have provided for a relative or in-law age 65 or older in the past year.
In closing, Mr. Starkey finishes, "Physicians Adult Daycare, Inc. is the first to pioneer a program which will reduce the financial loss to employers annually in this area and in turn offer substantial benefits and peace of mind to the care giving employee."
About Physicians Adult Daycare, Inc.
We provide needed services for a PROLONGED and ACTIVE LIFE for family loved ones on a daily basis WITHOUT THE CONFINEMENT of a NURSING HOME. We refer to those who use our services as CLIENTS. A typical day begins when our transportation system picks up your loved one at their home. After a continental breakfast, activities such as arts and crafts, games of pool or bingo, and exercise continue until lunch except on the days for scheduled group outings. A complete hot meal under dietary supervision is served before the rest period, then activities resume until it is time for your loved one to return home.
Please review our web site for more details on our company: www.physiciansadultdaycare.com
Contact:
Contact:
InvestSource Inc.
Email Contact
866-427-2196
http://biz.yahoo.com/iw/061219/0196439.html
Physicians Adult Daycare, Inc. Announces Good News for "Baby-Boomers"
Physicians Adult Daycare, Inc. (PINKSHEETS: PHYA) has formed a business model designed to fill a growing and underserved market. The company was created in order to provide effective and courteous care to the rapidly expanding ranks of the elderly. CEO Duane Starkey stated, "We consider those dear ones that have survived long enough on this earth to be called Grandparents as ANGELS OF LIFE. Their knowledge and experience are TREASURES TO BE VALUED AND CARED FOR!!! Our purpose in caring for these grandparents and adult handicapped is to provide continuing and improved quality of life for as long as possible, with the goal to take this to an international scale."
Mr. Starkey went on to say, "This caring for 'Angels of Life' we call Adult Daycare. That is what Physicians Adult Daycare, Inc. is all about. We provide these needed services for a prolonged and active life for family loved ones on a daily basis without the confinement of a nursing home. We refer to those who use our services as clients. A typical day begins when our transportation system picks up your loved one at their home. After a continental breakfast, activities such as arts and crafts, games of pool or bingo, and exercise continue until lunch except on the days for scheduled group outings. A complete hot meal under dietary supervision is served before the rest period. Then activities resume until time for your loved one to be returned home."
PHYA has studied the statistics of the "Baby Boomers" and their parents and planned our growth accordingly. The Boomer Project newsletter states the following statistics:
-- 78 million Boomers were born between 1946 and 1964. At the end of 2005
half of them were 50 years of age or older.
-- 70% of the Nation's net worth is in their hands. They spend $2
trillion annually on consumer goods and services.
-- They aren't "seniors" and reject any and all age related labels to
describe themselves.
-- They see themselves as 12 years younger than they are. At age 50 they
expect to live another 35 years.
The parents of Baby Boomers are living longer and remain more active than their parents did. Legislators moved the social security levels to satisfy the younger worker segment in the U.S. However, they left the archaic health legislation and Medicare funding intact. They simply delayed the availability of services to the people. The services they approved in the 1960s and 1970s for federal funding of healthcare were directed primarily toward nursing home and hospital care. That same direction is being followed today, ignoring the drastic shift in the aging process and refusing to address the fact that people are living longer active lives.
The "Baby Boomer" generation will change the aging process and America's attitude toward it. This aggressive "Grandparents" society will begin to take electoral control of health services legislation. This will force redistribution of Medicare funds that are primarily focused on nursing home allocation. We are no longer a nursing home oriented society while our Federal Spending remains so. There is need for change in the programs and the "Baby Boomers" have the clout and desire to make it happen. To start the process is very simple. Adult Daycare should be added to the services provided by Medicare. In fact there are pilot programs in place under Medicare in several states to pay for Adult Daycare services. Payment for these services is already allowed under the Medicaid Program. These programs have proven themselves to be cost-effective at less than half the cost of nursing homes.
In addition, adult daycare services provide a prolonged and active life for family loved ones on a daily basis without the confinement of a nursing home. Adult daycare brings stress relief to the Caregivers both mentally and physically. In many cases it brings financial relief because they do not have to quit work to care for that loved one at home and Medicaid pays for these services provided by Adult Daycare Centers.
"Forward-Looking Statements
Certain statements in this news release may contain 'forward-looking' information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments."
Source: Market Wire (December 14, 2006 - 9:01 AM EST)
News by QuoteMedia
www.quotemedia.com
Physicians Adult Daycare, Inc. Launches Into Multi-Billion Dollar Adult Daycare Industry
Wednesday December 6, 4:15 pm ET
HOUSTON, TX--(MARKET WIRE)--Dec 6, 2006 -- Physicians Adult Daycare, Inc. (Other OTC:PHYA.PK - News) announced today that the company is on schedule to meet or exceed its plans for expansion into the lucrative adult daycare industry. According to an update from Tony Markus, CFO of Physicians Adult Daycare, Inc. (PAD), since the company's reorganization in June of this year, PAD has acquired its first two adult daycare centers in Texas. These two centers alone generated gross revenues in excess of $900,000 in 2005, and Mr. Markus was confident that as the company continues to acquire additional facilities, its revenue base will increase substantially.
"We are very excited about the growth prospects for the company," stated Duane Starkey, the new CEO of Physicians Adult Daycare, Inc. "We now have an experienced management team in place for the Adult Daycare Industry. Educating the general public about the advantages and services provided by adult daycare is the next major challenge that we are currently focused on meeting. These programs provide a viable, cost-effective, and efficient alternative to nursing home confinement. The adult daycare centers provide health and nursing services, in addition to providing a comfortable environment for social interaction and facilitating the daily tasks that are often a challenge to many as they grow older. The clients are picked up at home in the morning and returned that afternoon. They enjoy meals, social interaction, and active fitness programs. We believe these centers will fill an overlooked niche in the health services industry."
The Economic Value of the U.S. Market is reflected in a recent survey by Wake Forest University. According to the survey, the average adult daycare center in the United States had annual revenues of $365,000 in 2002 with 3,407 centers in the U.S. These centers tallied over $1.234 billion in actual gross revenues while serving 1.56 million people. These centers still failed to meet the actual demand that the survey concluded was approximately 8,520 centers necessary to serve a projected client base of 3.9 million people, resulting in projected revenues of $3.109 billion. Globally, 60 million people are in need of these services, a $45 billion potential market.
As the population ages, increasing demands and pressures will be placed on an already strained infrastructure. In the U.S. by the year 2020 the elderly over age 65 will reach 70 million people, which will double the current market demand. This means the number of centers needed will exceed 17,000 representing a market value of approximately $6.2 Billion.
About Physicians Adult Daycare, Inc.
We provide needed services for a PROLONGED and ACTIVE LIFE for family loved ones on a daily basis WITHOUT THE CONFINEMENT of a NURSING HOME. We refer to those who use our services as CLIENTS. A typical day begins when our transportation system picks up your loved one at their home. After a continental breakfast, activities such as arts and crafts, games of pool or bingo, and exercise continue until lunch except on the days for scheduled group outings. A complete hot meal under dietary supervision is served before the rest period. Then activities resume until time for your loved one to be returned home. For more information go to the corporate website at http://www.physiciansadultdaycare.com/.
yup i got it in my email yesterday, i was a bit dissapointed as i tend to agree with you. Its a great concept without the pump.
What a shame. They need to perform and the price take care of it's self.
This type of spam usually means insiders are trying to sell off their shares into the pump or paying back some contacts.
Imo it really ruins a companies integrity.
My Wife is in this industry and her company may go public in a few years so I'm watching this stock.
Unbelievable how big this industry is.
No need for them to do this. Business is there for the taking.
[PHYA] Currently Being E mailed Spammed for a December 11, 2006 pick.
http://www.investorshub.com/boards/read_msg.asp?message_id=15431308
In 2006, the oldest of the baby boomers, the generation born between 1946 and 1964, will turn 60 years old. Among the Americans celebrating their 60th will be our two most recent presidents, George W. Bush and Bill Clinton. Other well-known celebrities reaching this milestone include Cher, Donald Trump, Sylvester Stallone and Dolly Parton. To commemorate this occasion, the Census Bureau has compiled a collection of facts relating to, perhaps, our most celebrated generation.
78.2 million
Estimated number of baby boomers, as of July 1, 2005. <http://www.census.gov/popest/national/>
7,918
Number of people turning 60 each day in 2006, according to projections. That amounts to 330 every hour. <http://www.census.gov/ipc/www/usinterimproj/>
Full read :
http://www.census.gov/Press-Release/www/releases/archives/facts_for_features_special_editions/006105....
its a growing sector thats gainning steam and i think a genious idea to improve the quality of lives as we grow older. The senior market and senior products are becoming hot topics as longterm care is being gobbled up, if this company ( and maybe they are ) could tag onto some policies to insure coverage for their facilities..wow!...
Physicians Adult Daycare, Inc. Launches Into Multi-Billion Dollar Adult Daycare Industry
Wednesday December 6, 4:15 pm ET
HOUSTON, TX--(MARKET WIRE)--Dec 6, 2006 -- Physicians Adult Daycare, Inc. (Other OTC:PHYA.PK - News) announced today that the company is on schedule to meet or exceed its plans for expansion into the lucrative adult daycare industry. According to an update from Tony Markus, CFO of Physicians Adult Daycare, Inc. (PAD), since the company's reorganization in June of this year, PAD has acquired its first two adult daycare centers in Texas. These two centers alone generated gross revenues in excess of $900,000 in 2005, and Mr. Markus was confident that as the company continues to acquire additional facilities, its revenue base will increase substantially.
"We are very excited about the growth prospects for the company," stated Duane Starkey, the new CEO of Physicians Adult Daycare, Inc. "We now have an experienced management team in place for the Adult Daycare Industry. Educating the general public about the advantages and services provided by adult daycare is the next major challenge that we are currently focused on meeting. These programs provide a viable, cost-effective, and efficient alternative to nursing home confinement. The adult daycare centers provide health and nursing services, in addition to providing a comfortable environment for social interaction and facilitating the daily tasks that are often a challenge to many as they grow older. The clients are picked up at home in the morning and returned that afternoon. They enjoy meals, social interaction, and active fitness programs. We believe these centers will fill an overlooked niche in the health services industry."
The Economic Value of the U.S. Market is reflected in a recent survey by Wake Forest University. According to the survey, the average adult daycare center in the United States had annual revenues of $365,000 in 2002 with 3,407 centers in the U.S. These centers tallied over $1.234 billion in actual gross revenues while serving 1.56 million people. These centers still failed to meet the actual demand that the survey concluded was approximately 8,520 centers necessary to serve a projected client base of 3.9 million people, resulting in projected revenues of $3.109 billion. Globally, 60 million people are in need of these services, a $45 billion potential market.
As the population ages, increasing demands and pressures will be placed on an already strained infrastructure. In the U.S. by the year 2020 the elderly over age 65 will reach 70 million people, which will double the current market demand. This means the number of centers needed will exceed 17,000 representing a market value of approximately $6.2 Billion.
About Physicians Adult Daycare, Inc.
We provide needed services for a PROLONGED and ACTIVE LIFE for family loved ones on a daily basis WITHOUT THE CONFINEMENT of a NURSING HOME. We refer to those who use our services as CLIENTS. A typical day begins when our transportation system picks up your loved one at their home. After a continental breakfast, activities such as arts and crafts, games of pool or bingo, and exercise continue until lunch except on the days for scheduled group outings. A complete hot meal under dietary supervision is served before the rest period. Then activities resume until time for your loved one to be returned home. For more information go to the corporate website at http://www.physiciansadultdaycare.com/.
"Forward-Looking Statements"
Certain statements in this news release may contain 'forward-looking' information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.
Contact:
Contact Information:
http://www.physiciansadultdaycare.com
Investor Relations:
InvestSource Inc.
Roy Sahachaisere
866-427-2196
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