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Universal Health Care Expands in Downtown St. Petersburg

Mon. December 22, 2008; Posted: 02:59 PM
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ST. PETERSBURG, Fla., Dec 22, 2008 (BUSINESS WIRE) -- JLL | Quote | Chart | News | PowerRating -- Universal Health Care Group (the "Company" or the "Group") recently expanded and relocated its corporate office by signing a long-term lease in Bay Central, St. Petersburg CBD. This expansion is in preparation for the Company's predicted positive turnout of new and renewal membership during its current membership enrollment period ending March 31, 2009. Jones Lang LaSalle represented Universal Health Care in the transaction.

The Company offers a variety of health plans under the trade names "Medicare Masterpiece Plan(R)," "ANY, ANY, ANY Plan(R)" and "Universal U-Firstsm." The Company's mission of "delivering personal, professional and proactive healthcare to (its) Members" necessitates a world-class infrastructure to enable its associates to handle the increasing volume of satisfied members. Universal has built both efficiency and effectiveness into its new state-of-the-art operations facility to better serve its members.

Commented Chairman and Chief Executive Officer, Dr. Akshay Desai, "We are excited to be in downtown St. Petersburg and to continue our expansion plans with the support of the City. Our new facility will allow Universal to better and more economically serve our members, as well as allow us to efficiently grow and expand our business in 2009 and beyond. We are planning an open house in February 2009 to proudly showcase our new offices to members and friends of Universal."

About Universal Health Care

Universal Health Care Group is the parent company of Universal Health Care, Inc., a managed care company that has been providing Medicare Advantage Health Plans to Medicare eligible beneficiaries since 2003 - most notably the "Medicare Masterpiece Plan(R)" and "Medicare Masterpiece PPOsm," as well as Florida Medicaid benefits through its "Universal U-Firstsm" Plans. The Group is also parent to Universal Health Care Insurance Company, Inc., which offers the popular Medicare Advantage "ANY ANY ANY Plan(R)." Currently, the Group is serving over 70,000 individuals located in eight states (Florida, Georgia, South Carolina, Louisiana, Texas, Nevada, Arizona and Utah). For more in-depth information about the company and the services we offer, please visit our website at www.univhc.com.

SOURCE: Universal Health Care Group

Universal Health Care Group, St. Petersburg Jim O'Drobinak, Chief Operating Officer, 727-456-6500 jodrobinak@univhc.com

For full details on Jones Lang Lasalle Inc (JLL) click here. Jones Lang Lasalle Inc (JLL) has Short Term PowerRatings of 6. Details on Jones Lang Lasalle Inc (JLL) Short Term PowerRatings is available at This Link.

    


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