The Quantum Group Announces Continued Expansion of Community Health Systems

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Tue Jan 22, 2008 9:02am EST

Number of contracted providers expands to 1,800

WELLINGTON, Fla., Jan. 22 /PRNewswire-FirstCall/ -- The Quantum Group,
Inc. (Amex: QGP, QGP.WS.A, QGP.WS.B) (www.QuantumMD.com) announced today that
the number of healthcare providers contracted with Renaissance Health System
of Florida, Inc. (www.RHSFL.com), a subsidiary of Quantum, has expanded to
1,800.  Renaissance Providers serve over 1,500 patients, a number that
continues to grow daily as the Medicare Advantage open enrollment period runs
from January 1, 2008 through March 31, 2008. Further, Renaissance has
established Community Health Systems in 26 Florida counties.
    Renaissance has contracts with five Florida Health Maintenance
Organizations (HMOs) and expects to continue to expand those relationships.
Historically, healthcare providers in Florida have had at least eleven
contracts with different HMOs, each with a unique set of terms and parameters,
ie. different contracts, procedures, ways of conducting business; all of which
are at different prices.  The Quantum model consolidates those relationships
and creates a more effective and efficient working environment for the
providers and payers. With Renaissance, providers need only call one place,
and Quantum will take care of the rest.
    Noel J. Guillama, President & CEO of The Quantum Group of Companies
explained, "The continued growth of our Community Health Systems is further
proof that our model has been successfully designed to provide great benefit
to healthcare providers.  Our structure allows physicians to outsource the
management of the relationship with the HMOs we represent. Our providers are
able to direct their focus toward achieving higher efficiency and quality of
patient care." Guillama continued, "We assume administrative responsibility
for the relationships with the HMOs on behalf of our providers.  We believe
our Providers find great value in this service."
    Barbara A. Roqueta, Senior Vice President Provider Operations, leads the
team of Provider Specialists charged with establishing and managing the
relationship with the 1,800 Renaissance-affiliated Providers.  Ms. Roqueta
commented, "Our team of Provider Specialists is widely regarded as the most
professional, results-oriented and responsive representatives in the industry.
The continued growth of our Community Health Systems is largely attributed to
the strength and professionalism of this team, and I look forward to its
continued success."
    Roqueta continued, "As a member of The Quantum Group of Companies,
Renaissance is able to offer personalized benefits for our providers as well.
A primary role of our team is to serve as a consultant for our providers and
to help identify additional ways for them to increase the productivity and
efficiency of their practice while reducing their costs.  Whether we can
connect them with The Quantum Agency to manage and protect their assets or to
QMed Solutions for their billing and collections needs, Renaissance brings
customized, value-add services to each provider we serve."
    About the Company
    The Quantum Group, Inc. is a Florida-based organization. The Company
builds and manages healthcare systems and offers consulting and outsourcing
services that will be leveraged by leading-edge technology to the nation's
largest and fastest growing industry -- healthcare.
    The Company is engaged in the development and execution of a series of
innovative patent-pending technology initiatives designed to make Quantum one
of the state's leading providers of business solutions for the healthcare
industry.  Through its growing number of 1,800 contracted physicians and
managed care relationships in the state of Florida, the Company believes it is
positioned to bring increased efficiencies to the Florida healthcare industry.
    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
substantial uncertainties and risks in part detailed in the respective
company's Securities and Exchange Commission 10-KSB, 10-QSB, S-8 and 8-K
filings (and amendments thereto) that may cause actual results to materially
differ from projections. Forward-looking statements can be identified by the
use of words such as "expects," "plans," "will," "may," "anticipates,"
"believes," "should," "intends," "estimates" and other words of similar
meaning.  These statements are subject to risks and uncertainties that cannot
be predicted or quantified and, consequently, actual results may differ
materially from those expressed or implied by these forward-looking
statements.  Such risk factors include, without limitation, the ability of the
Company to properly execute its business model, to raise substantial and
immediate additional capital to implement its business model, to attract and
retain executive, management and operational personnel, to negotiate favorable
current debt and future capital raises, to negotiate favorable agreements with
a diversified provider base and to continue to supply the services needed by
its HMO clients as well physician clients.  The Company does not undertake any
obligation to publicly update any forward-looking statements.  There can be no
assurance that the provisional patents discussed in this press release will be
granted by the US Patent and Trademark Office, or, if they are granted, they
will not be challenged by third parties, or if not that we will be able to
effectively use or commercialize such patents and/or we may not have the
resources to deploy such technology. As a result, investors should not place
undue reliance on these forward-looking statements.

    FOR MORE INFORMATION, PLEASE CONTACT:
    Elite Financial Communications Group, LLC
    Daniel Conway, Chief Strategist
    407.585.1080 or via email at Quantum@efcg.net
    Or
    BPC Financial Marketing
    John Baldissera
    800.368.1217
    Or
    Danielle Amodio
    Vice President, Corporate Communications
    The Quantum Group, Inc.
    561.798.9800

SOURCE  The Quantum Group, Inc.

Daniel Conway, Chief Strategist of Elite Financial Communications Group, LLC,
+1-407-585-1080, Quantum@efcg.net; or John Baldissera of BPC Financial
Marketing, +1-800-368-1217; or Danielle Amodio, Vice President, Corporate
Communications of The Quantum Group, Inc., +1-561-798-9800
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