office
(404) 856-9157Unity Management Group, Inc. (OTC: UYMG)
 |
|
| Read Our Report On
Unity Management Group, Inc. (OTC: UYMG) |
Unity Management Group (OTC: UYMG) is a fast
growing health resource company with a primary focus on physician
practice management service and software solutions. UYMG also
operates a growing healthcare company. The services UYMG offers
provide high value and significant return. UYMG offers its services
through its three subsidiary companies; United Healthcare Solutions,
Unity Technologies Inc., and Unity Business Services.
Practice Management
UYMG’s Unity Business Services is a full service management company
offering practice management, billing, staffing, contracting,
licensing, credentialing, accounting, and solutions for practice
startups or new practices. UYMG’s Unity Business Services provides
marketing services, HIPPA compliance, and consulting for physicians
and hospitals.
UYMG’s Unity Business Services takes the “wasted time” out of a
physician’s day by not only providing billing and reimbursement
services, but by establishing policies and procedures designed to
specialties that streamline operations. UYMG’s Unity Business
Services has the sustainable materials, proven results, resources
and energy to make a physician’s practice more effective and
profitable.
Software Solutions
UYMG’s Unity Technologies Inc. is a complete software solutions
company that provides billing, electronic medical records, and
electronic health records for physician’s offices and hospitals.
Privacy in patient records is heavily regulated by the Health
Insurance Portability and Accountability Act of 1996, or HIPAA.
Under HIPAA, Privacy Rule standards address the use and disclosure
of individuals’ health information, as well as standards for
individuals' privacy rights to understand and control how their
health information is used. UYMG’s Unity Technologies’ goal is to
assure that individuals’ health information is properly protected
while allowing the flow of health information physicians need to
provide and promote high quality health care.
Non-compliance with HIPAA can bring a risk of fines, lawsuits, and
jail that can impact either individuals or corporate entities.
UYMG’s Unity Technologies assists organizations subject to HIPAA by
helping them become proactive in their compliance efforts, as well
as to implement comprehensive business processes and technology
efforts that will help them achieve and maintain compliance in the
future.
Healthcare Company
UYMG’s United Healthcare Solutions is a Nevada based healthcare
company comprised of a medical, vision and dental discount plan.
UYMG’s United Healthcare Solutions also offers a PPO network and
HMO. Access to skilled leadership, managed care expertise,
information systems, and economies of scale are some of the major
benefits UYMG’s United Healthcare Solutions has to offer.
MCC/Legacy -
Headquartered in East Hanover, New Jersey MCC /Legacy a 25 year old
company was founded in 1985 to design, engineer, market, and service
instrumentation equipment and software systems for increased
efficiency within the pharmaceutical industry. The company continues
to serve those various markets segments in need of instrumentation
and data acquisition systems for pharmaceutical solid dosage, R&D,
scale up (clinical Batch) and production.
UYMG Financial Results
UYMG announced first quarter financial results for 2011 that showed
a 36% increase over 2010.
For the June quarter, UYMG expects to report revenue of $1.5 million
- $2.3 million. Included in the June quarter outlook is the
following:
• Approximately $900,000 for sales of their new PZ Uno Tablet press,
along with extended maintenance contracts.
• Approximately $300,000 - $400,000 in sales of their new Gamlin
Tablet Press.
• Approximately $1.7 million in additional orders on their legacy
products plus extended orders on outstanding bids to be completed.
"This quarter was marked by UYMG's measurable progress toward
regaining MCC's (Metropolitan Computing Corporations) longstanding
product leadership position across all markets," said Michael
Oliver, Unity's Vice-President. "With a strong balance sheet, Unity
is operating from a position of strength. Looking forward, in the
face of a challenging macro-economic environment, we will focus on
cost controls and inventory management while continuing to invest in
the key technologies that will solidify product leadership. As a
result, we remain highly confident in our ability to convert the
long-term growth in demand for our new products into superior value
for our shareholders."
UYMG, through its subsidiary MCC metropolitan computing corporation,
also recently announced that they are bidding on a large major
pharmaceutical company contract, which would include interphasing
new instrumentation, and calibration on 6 to 8 older existing large
commercial tablet presses used in production in order to have all
the presses running on a single uniform system.
This contract has a value in excess of 1.4 million dollars, and
could well exceed that over the next twelve months. This
multibillion dollar pharmaceutical company is a privately held
company founded by physicians more than 50 years ago, and is engaged
in the research, development, production, and marketing of
prescription and over the counter medicines and healthcare products.
MCC occupies a unique niche within a very large and healthy industry.
The development and production of pharmaceutical grade tablets, both
patented and generic, is capital intensive, highly profitable, and
global. The players are subject to an exhausting degree of regulatory
oversight as well as political uncertainty. However this outside
scrutiny plays right into the strengths of MCC.
The extensive drug approval process conducted by the FDA forces Pharma
to detail the exact production process, as well as the specific
components and dimensions of each tablet. What this means is that a drug
company must reproduce the exact tablet that has been approved, each and
every time, without error.
Throughout the course of a production run of tablets numbering in the
tens of millions, the forces acting upon the components of the process
(active and inactive powders, moving machine parts, and various sensors)
are tremendous. Production takes place at very high speeds and quite
often involves expensive and scarce ingredients. All of these factors
place an inordinate amount of stress upon all the hardware and software
systems involved in the process. For these reasons the industry must be
extremely sensitive to the quality and reliability of the equipment it
employs. It must be certain that any and all vendors are fully vetted
and that their goods and services fit seamlessly within the process that
leaves virtually no room for error.
For the past 25 years MCC has penetrated this difficult market and
proven itself a worthy vendor to the industry by designing robust
products to assist the industry in its efforts to gather rapidly
streaming data and maintain critical tight production tolerances.
Anticipating an increase in regulatory scrutiny, the company will become
more valuable to an industry within which it has and continues to do
business with the following firms: Pfizer, Merck, Bristol Meyers, Amgen,
Bend Reasearch,Purdue Pharma,Hoffman Laroche, ISP,Boeringer
Ingelheim,Exelixix, Watson Labs, Aqualon, Astra Zeneca, Schering-Plough,
Novartis, Abbott Labs, JCMCO, Mendel Company, Cobalt Pharma, Medelpharm,
Patheon,Sanofi-Aventis,Barr Labs, Covidien Pharma, Forest labs,
Azopharma, and Genzyme.
OTC Symbol: UYMG
Shares Outstanding:
103
million
Market Cap: $1.34 million
Float: 43 million
52 Week Trading Range:
52-Week Low: $0.0021
52-Week High: $.03
Corporate Offices:
6 Great Meadow Lane
East Hanover, NJ, 07936
Phone: (855) 413-0755
Website:
www.unitymanagementgroup.com
www.mcc-online.com
Email:
info@unitedhcsi.com
Unity Business Services is a full service management
company, offering practice management, billing, staffing,
contracting, licensing, credentialing, accounting, and
Terrific solutions for Practice start ups or new practices.
UYMG, through its subsidiary MCC metropolitan computing
corporation, also recently announced that they are bidding
on a large major pharmaceutical company contract, which
would include interphasing new instrumentation, and
calibration on 6 to 8 older existing large commercial tablet
presses used in production in order to have all the presses
running on a single uniform system.
This contract has a value in excess of 1.4 million dollars,
and could well exceed that over the next twelve months. This
multibillion dollar pharmaceutical company is a privately
held company founded by physicians more than 50 years ago,
and is engaged in the research, development, production, and
marketing of prescription and over the counter medicines and
healthcare products.