Hygea Holdings, Corp. Announces Appointment of Goldstein Schechter Koch as New Audit Firm

DORAL, Fla.--()--Hygea Holdings Corp., a South Florida-based healthcare holding company that owns and operates integrated medical group practices and independent provider networks, today announced that it has appointed Goldstein Schechter Koch as its new auditor, succeeding Kabani & Company, Inc., effective immediately.

The change was made primarily because Goldstein Schechter Koch has the type of healthcare experience that Hygea Holdings needs as it continues to grow.

“Goldstein Schechter and Koch demonstrates leadership with its extensive experience in the healthcare industry, which is specific to our needs,” said Manuel Iglesias, Chief Executive Officer of Hygea Holdings. “We are confident in our selection of this firm as our auditor, and are excited that they will assist in Hygea’s growth trajectory in 2015 and beyond.”

Hygea’s integrated medical group practices and independent provider networks are comprised of more than 2,000 physicians across the state of Florida. Currently, Hygea has more than 400 shareholders. In 2015, the company plans to acquire practices in new markets, including those in Florida, Georgia, New York and New Jersey.

For more information about Hygea Holdings Corp., visit www.hygeaholdings.com.

About Hygea Holdings Corp.

Hygea is a diversified healthcare holding company led by a team of nationally recognized industry leaders with backgrounds in insurance, finance, medicine, law and technology. The company owns physician practices, ancillary medical services, such as pharmacy, physical therapy, and diagnostics, as well as a 1,700-doctor independent physician association (IPA). Hygea prides itself as ‘the physician’s choice’ in group healthcare, as evidenced by the number of acquired physicians who then choose to invest in the firm. Hygea’s business model applies best practices at every stage of healthcare delivery to reduce inefficiencies and improve outcomes, providing seamless care to commercial, Medicare, and Medicaid patients. For more information, visit www.hygeaholdings.com.

Forward-looking statements

Certain statements and information in this press release may be deemed to contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may include, but are not limited to, statements relating to our objectives, plans and strategies, and all statements, other than statements of historical facts, that address activities, events or developments that we intend, expect, project, believe or anticipate will or may occur in the future. These statements are often characterized by terminology such as “believe”, “hope”, “may”, “anticipate”, “should”, “intend”, “plan”, “will”, “expect”, “estimate”, “project”, “positioned”, “strategy” and similar expressions, and are based on assumptions and assessments made by Hygea’s management in light of their experience and their perception of historical trends, current conditions, expected future developments and other factors they believe to be appropriate. Any forward-looking statements in this press release are made as of the date hereof and are current only as of the date on which such statements were made. Hygea undertakes no duty to update or revise any such statements, whether as a result of new information, future events or otherwise. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties. Important factors that could cause actual results, developments, and business decisions to differ materially from forward-looking statements will be described in Hygea’s Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q, including the sections entitled “Risk Factors”, as well as any current reports on Form 8-K, as filed with the Securities and Exchange Commission.

Contacts

Hygea Holdings Corp.
Lacy Loar, 727-798-9812

Contacts

Hygea Holdings Corp.
Lacy Loar, 727-798-9812