UMYG NEWS! Unity Management Group, Inc. Picks Up Steam as It Closes Joint Venture With Coleman Consulting Group, Nearing Completion of Audi
MIAMI, FL -- (Marketwire)
05/24/10
Unity Management Group, Inc. (PINKSHEETS: UYMG), a Health Resource Company specializing in Physician and Hospital Practice Management, Medical Discount Plans, Business Services, Billing Software and Technologies.
Unity Management Group, Inc. is pleased to announce that it has completed its joint venture with Coleman Consulting Group. This Joint venture will bring the best talent and base line support to assist in handling all the needs of the Physician accounts coming in to UMGI. They will assist UMGI in creating a solid foundation for Risk Management, contracts, audits, training, coders chart review, and support to clinicians, increasing revenue and streamlining expense for large Physician practices.
About Coleman Consulting Group: CCG specializes in working with providers at all stages of the spectrum to ensure their success and compliance. CCG has specialized in the management of chronic diseases and risk management, with Medicare Advantage programs, in business for more than 20 years and collective experience for more than 75 years.
We are also pleased to announce that we are nearing the completion of our financial audits for our registration statement.
We have also attended the iHT2 health information technology Summit, an excellent forum of national health policy experts, IT Vendors, Consultants and Provider representatives. Time is short, Providers have only 5 years to implement Electronic Health Records, and achieve meaningful use to qualify for federal subsidy $$, and avoid penalties. It is critical to have good Practice Management to negotiate EHR contracts that fit their practices. Good EHR can become a new line of revenue for a practice, rather than an expense.
UMGI is preparing to release a large Direct Mail Campaign to over 500,000 Doctors and specialists, promoting the services of UMGI, focusing on the over 6000 hospitals which employ between 200 and 3000 physicians.
UMGI has continued working on its iPhone application, for not only staffing, but also adding a referral for physicians accepting discounted fees.
UMGI is working hard on efforts to create future acquisitions in the area of medical staffing, billing, and collections for physician practices.
"This will increase our ability to capture a great deal more physician offices and reduce our expenses while increasing our revenue. We will be able to expand at a faster pace, while increasing and giving better support to the services we are offering," said Alex Berkovich, President of Unity Management Group, Inc. "With all the new health care requirements now facing all the physicians' offices and hospitals, these ventures are going to be very important to the future of this company. The demand for our services is going to be more and more important to the reduction of health care costs in this country."
We feel that this is one more important step in the longevity and the growth of the company. For more information please go to our website which can be found at www.unitymanagementgroup.com
Share structure:
100 million authorized
87,035,000 issued and outstanding
43,439,460 float
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: United Healthcare Solutions Inc., Unity Technologies Inc., and United Business Services Inc.
The first subsidiary, Unity Business Services, is a full service management company offering solutions in practice management, billing, staffing, contracting, licensing, credentialing, and accounting. Unity 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.
United Healthcare Solutions, a national company based in Nevada, is a healthcare company that will be providing medical, vision and dental discount plans, as well as PPO and HMO networks.
The combination of these three subsidies provides unprecedented access to skilled leadership, managed care expertise, information systems, and economies of scale. Alex Berkovich, President of United Management Group, stated, "Through this merger, we are in a unique position to address the rapidly changing needs of the medical community. Business expertise is critical to the success of today's physician offices and hospitals and we expect unpatrolled growth in the near future."
Unity Management Group Locations:
15325 N.W. 60th Avenue
Suite #101
Miami Lakes, Florida 33014
1348 East Hillsboro Blvd.
Deerfield Beach, Florida 33441
For more information, please visit our website at (www.unitymanagementgroup.com) or contact our office at 954-531-0387.
Certain information discussed in this press release may constitute forward-looking statements within the Private Securities Litigation Reform Act of 1995 and the federal securities laws. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, it can give no assurance that its expectations will be achieved. Readers are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements are inherently subject to unpredictable and unanticipated risks, trends and uncertainties such as the Company's inability to accurately forecast its operating results; the Company's potential inability to achieve profitability or generate positive cash flow; the availability of financing; and other risks associated with the Company's business. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
Contact:
Unity Management Group, Inc.
www.unitymanagementgroup.com
954-531-0387
