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Unity Management Group Inc. Moves Forward With TPA Services & New Healthcare Related E-Newsletter

^{Published on 2010-06-16 15:40:18 - Market Wire}
 

MIAMI, FL--(Marketwire - June 16, 2010) - 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, is pleased to announce that they are moving ahead with the plans to create a local Medicare HMO (Health Maintenance Organization) in the state of Nevada. UMGI is setting up to cover all the necessary steps to put in place an HMO Medicare plan by utilizing the services needed to comply with all the requirements. With the physician network of Southwest Healthcare, that has more than 1800 physicians and ancillaries, plus hospital, and the financial reserves of Physicians Healthcare (PHYH) valued at more than 3 million dollars, and now with the help of Employers Mutual Inc. (emi-tpa.com) that can provide the full service of a third party administrator; these three components would complete what is necessary to move forward with the Nevada Medicare HMO.

EMI specializes in property and casualty products for the healthcare industry, such as medical malpractice for physicians, hospitals, surgery centers, staffing companies, imaging centers etc. They also provide an array of other products. EMI also has a second division that handles third party claims (TPA). They are a full service provider, have self insured and fully insured benefit programs. "This will be a win win for all providers, and will help to expedite this to completion, and offer great services and savings to the Senior Population in Nevada," said Michael Oliver, Vice President.

UMGI is also in the process of updating their PS status on Pink Sheets.

UMGI is continually working on creating the one stop shop for Physicians to go for all their needs. Creating savings that can be passed on to Patients.

UMGI will be working with a new healthcare industry website and newsletter. Floridahealthindustry.com to further bring more focus on UMGI's services.

With the upcoming changes in the medical billing process UMGI is pleased to be continually updated, and prepared. UMGI is able to pass this on to their Physicians and keep them updated as well for any and all future requirements.

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 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 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."

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.