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The Shemano Group Initiates Coverage on Metropolitan Health Networks, Inc. (OTC BB: MDPA).

SAN FRANCISCO, July 10 /PRNewswire/ --

The Shemano Group today announced that they have initiated coverage on Metropolitan Health Networks, Inc. (OTC Bulletin Board: MDPA). The entire report is available for viewing on The Shemano Group website, www.shemano.com.

About Metropolitan Health Networks, Inc.

METCARE is one of the fastest growing healthcare organizations in Florida. The company currently manages healthcare services for approximately 45,000 patients and utilizes a Network of physicians serving more than a million people from Miami to Daytona Beach on Florida's East Coast. METCARE has formed strategic alliances with various providers of telemedicine, pharmacy and software solutions. These strategic alliances will allow the Company to manage real time referrals, appointment scheduling, claims review, pharmacy management and utilization management. METCARE is focused on providing managed-care organizations a new healthcare delivery mode through Internet technology solutions and e-commerce. To learn more about Metropolitan Health Networks, Inc., please visit its website at www.metcare.com.

About The Shemano Group

The Shemano Group is a San Francisco based Institutional Broker/Dealer providing Investment Banking, Corporate Services and Investment Advisory work. Founded in 1994, the firm is headed by Gary Shemano a former general partner and managing director of Bear Stearns & Co. Other members of the firm bring considerable experience in capital formation, fairness opinions, money management, securities trading and financial consulting. To learn more about The Shemano Group please visit its website at www.shemano.com or call 415-274-3200.

The Shemano Group is a member of the National Association of Securities Dealers, CRD number 35528.

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Publication:PR Newswire
Geographic Code:1USA
Date:Jul 10, 2001
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