The Quantum Group Revenue and Competitors

The Quantum Group, based in Wellington, Florida, is one of Florida's largest community based healthcare provider systems. In conjunction with its subsidiary companies, Renaissance Health System of Florida, Inc. (RHS) (http://www.RHSFL.com) and QMed BILLING, Inc. (http://www.QMEDBILLING.com), Quantum provides administrative and support services to the Florida managed care industry as well as to the physicians of Florida. Through our growing number of over 1,300 contracted physicians and multiple managed care relationships in the state of Florida, we are strategically positioned to bring increased efficiencies to the over $100 billion Florida healthcare industry. According to an article published in the August 22, 2006 editionof the New York Times (By Gina Kolata), "By 2030, predicts Robert W. Fogel, a Nobel laureate at the University of Chicago Graduate School of Business, about 25 percent of the G.D.P. will be spent on health care, making it "the driving force in the economy," just as railroads drove the economy at the start of the 20th century."