MIAMI, March 1, 2005 (PRIMEZONE) -- ER Urgent Care Centers (Pink Sheets:ERUG) is pleased to announce it is in the process of acquiring a new medical center.
Located in the quickly expanding and highly developed section of South Dade, this medical practice has been a staple in the community for the last 10 years. With no other medical practices in the vicinity, this center has been able to consistently generate annual revenue of half a million dollars despite being open for only a fraction of the hours of an ER Urgent Care Center. ER Urgent Care will continue to provide top level health care to the members of this growing community and to the nearby businesses which include a variety of farms and nurseries with high demand for urgent medical care and workers comp. With the extended hours of operation and the marketing power that ER Urgent Care Centers brings to the table, the company expects to double the revenues of this long standing medical practice. All parties involved have signed a letter of intent and the acquisition is pending final contract.
About ER Urgent Care
ERUC Management Company Inc. operates ER Urgent Care Centers in the South Florida area. The "true, bona-fide," "Urgent Care Center" is a one-stop-shop where patients can receive premier health care, after-hours, at a fraction of the cost of emergency room visits. With the "Urgent Care Center" model, emergency rooms will no longer lose money on ER patients with minor injuries and illnesses and the HMOs will no longer have to pay exorbitant claims for non-admitted patients. ER Urgent Care Centers create a win-win situation for everyone, filling the financial and service gap between primary care physicians (PCPs) and hospital emergency rooms.
Or visit our locations at: 850 Ives Dairy Rd. North Miami Beach, FL 33179 213 North Federal Highway Hallandale Beach, FL 33009 15463 SW 137th Ave. Kendal, FL 33177
Coming Soon in Florida: Hialeah, South Dade and Broward County.
ER Urgent Care Center is a provider for Amerigroup, Avmed, Humana HUM, Aetna AET, Hip/Vista/Beacon, Medicaid/Medipass/Medi-Kids, Total Health Choice, United Healthcare, Beechstreet, Assist Card, Cigna CI, Corvel CRVL, Health Insurance Plans and many more.
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products, which we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe" and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
For franchising and corporate information please contact Adrian Sanchez or Bruce Rishty, toll-free at 888-308-2400.
ER Urgent Care Adrian Sanchez Bruce Rishty (888) 308-2400