Urgent Care Centers, Inc. and The Cirrus Group Ink Definitive Partnership Agreement
Urgent Care Centers, Inc. is an innovative urgent care and diagnostic imaging provider. The Cirrus Group is a leader in the medical office building, ambulatory surgery center and specialty hospital markets. The companies have agreed to partner in the establishment of ImMEDiate CARE and Diagnostic Centers in a number of states.
Alpharetta, GA (PRWEB) November 9, 2006
Urgent Care Centers, Inc. of Alpharetta, GA and The Cirrus Group of Dallas, TX have signed an Agreement for The Cirrus Group to purchase an interest in Urgent Care Centers, Inc.
The Cirrus Group, L. L.C., (www. thecirrusgroup. com) is a full-service real estate development company specializing in the delivery of customized real property within which state-of-the-art medical services are performed. Since its founding in 1996, The Cirrus Group prides itself with its history of 100% on-time/in-budget projects, its capability in offering a wide menu of real estate services, and its intimate knowledge of medical operations to allow Cirrus's clients the ability to reach their full economic and operational potential.
The Cirrus Group regularly teams up with its sister company, a medical operator named Cirrus Health, L. P. (www. cirrushealth. com), to conceive, create, and deliver complex and multi-faceted medical services delivery systems including a full spectrum of medical operations and innovative healthcare facilities. In combination with Cirrus Health, The Cirrus Group has created some of the most innovative medical services delivery systems seen in various markets around the country.
Urgent Care Centers, Inc. is a new company formed by experienced healthcare service company entrepreneurs. It was a wholly owned subsidiary of Physician Partnerships International, LLC. The principals of the Company have over 25 years experience establishing and operating a number of "niche" healthcare companies.
According to Randy Tibitts, CEO of Urgent Care Centers, Inc., "The Cirrus Group is an excellent fit for our new company. Everyone is now into "retail" urgent care. This leaves the neighborhood medical office buildings to us. The Cirrus Group appears to us to be the leader in the market for this type of facility." He goes on to say, "According to statistics available on the Urgent Care Association of America's website, (www. ucaoa. org) only approximately 11% of the current urgent care centers in America have imaging capabilities other than regular x-ray. Many of ours will house 64 slice high speed CT scanners, ultrasound and other imaging modalities."
Urgent Care Centers, Inc. will operate walk-in medical clinics as ImMEDiate CARE and Diagnostics.
The first centers will open in Ohio, Texas, Oregon and Georgia 1st Quarter 2007.
Statements included in this release that are not historical facts may be considered forward-looking statements that are subject to a variety of risks and uncertainties. There are a number of important factors that could cause actual results to differ materially from those expressed in any forward-looking statements made by the Company including, but not limited to, the impact of competitive products and pricing, technological changes, changes in relationships with strategic partners and dependence upon strategic partners for the performance of critical activities under collaborative agreements, the ability of the Company to successfully directly market and sell its products, market opportunities, risks associated with strategic opportunities. Any forward-looking statements contained in this news release speak only as of the date of this release, and the Company undertakes no obligation to revise or update any forward-looking statements, whether as a result of new information, future results or otherwise.
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