Physician Healthcare Management Group (fka PHYH)

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New PR....

Press Release Source: Physicians Healthcare Management Group, Inc.


Phyhealth Appoints New Chief Financial Officer
Tuesday October 24, 9:23 am ET


MIAMI--(BUSINESS WIRE)--Physicians Healthcare Management Group, Inc (OTC:PHYH - News) announced today that it has engaged CFO Professional Services, LLC as the Company's interim solution to the role of Chief Financial Officer. CFO has committed one of their partners, Mr. Scott Moore, as the lead consultant to the Company. Mr. Moore has been a Certified Public Accountant for more then 20 years and has worked in senior auditing roles at such highly respected national and regional accounting firms as Deloitte Haskins & Sells and Harper, Van Scoik & Company, LLP. Most recently Mr. Moore spent five years as the Chief Financial Officer for eAutoClaims, Inc. (OTCBB:EACC - News), an Internet-based provider of vehicle collision claims services for the insurance industry.
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Mr. Moore's responsibilities will include preparing financial statements, audit schedules and financial analysis, preparing registration statements, supervising and coordinating all subsequent quarterly and annual reviews and filings with independent accountants and the Securities and Exchange Commission (SEC) and establishing and monitoring the necessary controls outlined by Sarbanes Oxley legislation.

Phyhealth's CEO, Robert Trinka, stated, "Scott is the consummate finance professional and will be instrumental in helping us attain our near-term goals, which include the completion of the company's SEC audit, filing the Company's 15c211 and the registration statements necessary to become a fully reporting company and begin trading on the OTC Bulletin Board." He continued," We are delighted to have Scott joining the Phyhealth team and look forward to our completing the goals-as-outlined with his help."

About Physicians Healthcare Management Group, Inc.

Phyhealth develops and operates fully integrated healthcare organizations in partnership with physicians. Phyhealth Plans preserve the physician-patient relationship and deliver high-quality affordable healthcare within its selected communities. Phyhealth offers a turnkey, prepaid health plan solution to physicians for their Medicare and other individual patients who prefer to choose their own doctor and who make their own healthcare insurance purchasing decisions. Phyhealth Plans are unique in integrating all aspects of the delivery and financing of care, including providing medical liability insurance protection through Physhield Insurance Exchange, Phyhealth's exclusive risk retention group. The Phyhealth model empowers physicians to proactively manage their patient's general health and medical care and enhances physician financial rewards by increasing practice revenues, reducing expenses and restoring the economic value (equity) of their medical practices.

Forward-Looking Statements

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Physicians Healthcare Management Group, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

FOR FURTHER INFORMATION, go to the Company's website at: http://www.phyhealth.com.



Contact:
For Physicians Healthcare Management Group, Inc., Miami
Brass Bulls Corp.
Matthew Lovito, 866-342.2700
[e-mail]

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Source: Physicians Healthcare Management Group, Inc.