Science & Technology
Science and Technology
Science and Technology
Fri, May 14, 2010
Thu, May 13, 2010 Unity Management Group, Inc. Status Update and Joint Venture With Coleman Consulting Group
MIAMI, FL--(Marketwire - May 13, 2010) - Unity Management Group Inc. (
Unity Management Group Inc. is pleased to bring this updated information to its shareholders. UMGI is moving to complete the process of our Registration as fast as possible. UMGI is expecting to have this completed by the end of May, first part of June.
UMGI is in the process of further reducing the issued and outstanding, and will announce this next week.
UMGI would like to announce that there are no outstanding convertible debentures or other debt at this time.
UMGI is in the process of setting up and redefining its Medical billing program, to keep up with the industry changes, applying system updates for new carrier billing requirements, and training of new hires.
UMGI is working with putting together an iPhone and BlackBerry application, for its staffing component.
UMGI is working with Coleman Consulting Group, to bring support to its Licensing, credentialing and Contracting, services. Practice assessments, problems physicians have recouping funding from Medicare, and all the recent changes with healthcare reform, will expedite UMGI's ability to capture the market with more than 1800 physicians and hospital to service.
About Coleman Consulting Group: Experts in the financial, operational and regulatory issues affecting medical practices and other healthcare organizations
"We will be able to fast track our whole operation with this additional venture," said Alex Berkovich President of Unity Management Group Inc. "To bring this kind of talent and with the years of collective experience in the healthcare field together is incredible. There is no value you can put on this."
We feel that this is one 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:
240 million authorized
180 million issued and outstanding
40 million 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 HIPPA 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 physician's offices and hospitals.
United Healthcare Solutions, a national company based in Nevada, is a healthcare company will be providing medical, vision and dental discount plans, as well as PPO and HMO networks.
The combination of these three subsidiaries 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
Contact: Unity Management Group Inc.
1348 East Hillsboro Blvd.
Deerfield Beach, Florida 33441
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.
