Business Services Industry
Strategic Healthcare Systems Inc. to Open Fifth Medical Facility
Business Wire, Jan 27, 2006
SAN JOSE, Calif. -- EpiPharma Inc. ("EpiPharma") (Pink Sheets: EPHM) announced that Strategic Healthcare Systems Inc. ("SHS") is currently developing the company's fifth medical facility in Manteca, Calif. The 7,000-square-foot facility is strategically located near local freeways allowing SHS to serve patients coming from the surrounding communities in Stockton, Tracy and Modesto. SHS currently serves 200 to 300 patients each day and, with the opening of the Manteca operations, the number of patients SHS can serve is expected to increase to 300 to 400 per day.
Related Results
"This facility in Manteca will allow SHS to serve the high percentage of working uninsured patients living in the surrounding communities," stated SHS's President Dr. Albert Gomez, M.D. "Our goal is to expand our clinic base in these types of key demographic areas in order to provide access to quality, low-cost medical services for uninsured and underinsured Americans. This is what has made SHS into the profitable enterprise we are today," Dr. Gomez added.
About SHS
Strategic Healthcare Systems Inc. ("SHS") is a health care management company founded in 1996 by Dr. Albert A. Gomez, M.D. to increase access to quality medical services for uninsured and underinsured Americans and immigrants. Dr. Gomez's vision is to provide an alternative to expensive hospitals and emergency rooms, and change the way in which health care is marketed and delivered in America. SHS is organized as a virtual, vertically integrated health care delivery system that coordinates the interaction of physicians, patients and ancillary medical service providers in a manner that is efficient and cost effective. SHS lowers health care costs by passing the savings gained from the advances in medicine and diagnostic technology through to consumers and businesses. The company currently manages medical clinics, diagnostic centers and clinical laboratories located in San Jose, San Francisco, Concord and Salinas, Calif. For more information, visit SHS's Web site at www.shsmedical.net/index2.php for English and www.susdoctores.com for Spanish.
About EpiPharma
EpiPharma Inc. ("EpiPharma") focuses on novel technologies and services for therapeutic applications in the health care field. EpiPharma acquired SHS in December 2005 where EpiPharma purchased all of SHS's outstanding shares of capital stock. In conjunction with the acquisition, Dr. Albert Gomez, M.D. became the president, CEO and chairman of the board of EpiPharma. For more information, contact EpiPharma at 800-519-2037, or visit EpiPharma's Web site at www.epipharma.com.
This press release may contain forward-looking statements, made in reliance upon Section 21D of the Exchange Act of 1934, which involve known and unknown risks, uncertainties or other factors that could cause actual results to differ materially from the results, performance, or expectations implied by these forward-looking statements. The issuer's expectations, among other things, are dependent upon general economic conditions, continued demand for its products, the availability of raw materials, retention of its key management and operating personnel, as well as other uncontrollable or unknown factors which are more fully disclosed in Baywood's Form 10-KSBs and 10-QSBs on file with the United States Securities and Exchange Commission.
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