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MIAMI, FLORIDA--(Marketwire - 12/10/09) - SK3 Group, Inc. (PINK SHEETS:SKTO - News) has signed a definitive acquisition agreement to acquire Angels of the Valley Hospice Care, LLC from Healthcare of Today, Inc. (www.healthcareoftoday.com) in a transaction valued at $3,850,000.
Related Quotes Symbol Price Change SKTO.PK 0.11 0.00
{"s" : "skto.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} Angels of the Valley, based in Los Angeles, CA, provides hospice and palliative care to the terminally ill. The company's current locations in the Southern California area provide each patient with a personalized care team, including medical personnel, social workers, and other professionals, as suited to the patient's condition. For more information visit www.angelsofthevalley.com.
SK3 Group has two divisions that provide medical related services to its customers. Nurses On-Line is a subscription service for employers who are seeking pre-screening of workers' compensation injuries by a registered nurse prior to disposition of medical treatment - first aid, clinical referral, or emergency hospital. Nurses On-Line provides a 24/7 telephone triage system for employees and employers, which helps reduce overall exposure to financial risk and has been demonstrated to reduce reportable claims to insurance companies by as much as 61%. SK3 Group also markets preferred medical services through its facilitation partners to its PEO client base
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Press Release Healthcare of Today Announces Intention to File for NASDAQ Listing
BURBANK, CA – December 14, 2009 – Healthcare of Today, Inc. announces that it has signed a letter of intent to merge with the publicly traded SK3 Group, Inc. (ticker symbol: SKTO) through a new consolidated holding company to be formed in Nevada under the Healthcare of Today name. This announcement follows Healthcare of Today’s recent acquisition of a controlling interest in SK3 Group.
The letter of intent is non-binding and is subject to the preparation and execution of a definitive Agreement and Plan of Merger. The closing of the merger is conditioned upon a number of items to be included in the definitive agreement, including:
1. SK3 shall be reinstated as a reporting company under Section 12g of the Securities and Exchange Act of 1934; 2. The shareholders of Healthcare of Today and SK3 shall have approved the merger and consolidation as required by the respective laws of their places of incorporation. 3. Healthcare of Today and SK3 shall have filed a Form S-4 registration statement with the SEC for the new consolidated holding company to register the shares to be issued in the merger, and that registration statement shall have been declared effective; 4. Healthcare of Today and SK3 shall have filed a listing application for listing of the common shares of the new consolidated holding company on the NASDAQ stock market, and the application shall have been granted.
“I join Peter Bell [President of SK3 Group, Inc.] in being excited about this strategic alliance and the potential that exists in the synergies of these two companies,” said Healthcare of Today, Inc. CEO Henry Jan.
SK3 Group has two medical services divisions. Nurses On-Line is a subscription service for employers who are seeking pre-screening of workers' compensation injuries by a registered nurse prior to disposition of medical treatment - first aid, clinical referral, or emergency hospital. Nurses On-Line provides a 24/7 telephone triage system for employees and employers, which helps reduce overall exposure to financial risk and has been demonstrated to reduce reportable claims to insurance companies by as much as 61%. SK3 Group also markets preferred medical services through its facilitation partners to its PEO client base.
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This stock should see more action from NASDAQ listing. The parent company has made alot of acquisitions. Big things happening!
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Healthcare of Today Announces Definitive Merger Agreement with SK3 Group
Burbank, CA -- January 7, 2010 – Healthcare of Today, Inc. announces that it has entered into a definitive Agreement and Plan of Merger with SK3 Group, Inc. (ticker symbol: SKTO), completing the terms of the previously announced letter of intent. Under the terms of the merger, Healthcare of Today and SK3 Group will both merge into a newly-formed Nevada corporation which will be the surviving entity applying for NASDAQ listing.
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News out !!SK3 Group's Hospice Subsidiary Expands Across Southern California
MIAMI, FL -- (Marketwire) 03/16/10 SK3 Group, Inc. (PINKSHEETS: SKTO) announces that Angels of the Valley Hospice Care (www.angelsofthevalleyhospice.com) now offers complete palliative services at its Artesia, California branch, the company's second location. This extends Angels of the Valley's hospice care coverage into Artesia, Long Beach, and Orange County. The original Montrose location currently offers care to patients across the greater Los Angeles area.
The hospice industry is predicted to grow favorably in the coming years as more patients use the service, and experience longer stays. This growth is the result of a number of factors, including a rising public awareness of the service, which allows patients to focus on comfort and quality of life, rather than curative treatments, supported by an interdisciplinary team of professionals. Hospice is an attractive option for patients because charges per day are substantially lower than hospitals and skilled nursing facilities. A recent report published by the Department of Health and Human Services indicates that reimbursement rates for Medicare and Medicaid hospice patients will increase as of January 2010. Labor statistics further support the growth of the industry: since April 2009, the demand for professionals in the hospice industry has increased by 314%, despite the economic recession.
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Good news: SK3 Group's Hospice Subsidiary Expands Across Southern California
MIAMI, FL -- (Marketwire) 03/16/10 SK3 Group, Inc. (PINKSHEETS: SKTO) announces that Angels of the Valley Hospice Care (www.angelsofthevalleyhospice.com) now offers complete palliative services at its Artesia, California branch, the company's second location. This extends Angels of the Valley's hospice care coverage into Artesia, Long Beach, and Orange County. The original Montrose location currently offers care to patients across the greater Los Angeles area.
The hospice industry is predicted to grow favorably in the coming years as more patients use the service, and experience longer stays. This growth is the result of a number of factors, including a rising public awareness of the service, which allows patients to focus on comfort and quality of life, rather than curative treatments, supported by an interdisciplinary team of professionals. Hospice is an attractive option for patients because charges per day are substantially lower than hospitals and skilled nursing facilities. A recent report published by the Department of Health and Human Services indicates that reimbursement rates for Medicare and Medicaid hospice patients will increase as of January 2010. Labor statistics further support the growth of the industry: since April 2009, the demand for professionals in the hospice industry has increased by 314%, despite the economic recession.
About SK3 Group, Inc.
SK3 Group markets preferred medical services through its facilitation and offers a range of services in the healthcare industry. Its mission of offering comprehensive healthcare services is embodied in its three companies: Nurses Online, Angels of the Valley Hospice Care, and Medical Billing Specialist. In addition to offering the most valued healthcare services in the industry today, including hospice care, the company explores opportunities in supportive healthcare business services. Corporate information can be found at http://www.sk3groupinc.com.Posts: 809 | From: florida | Registered: Dec 2008
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A recent report published by the Department of Health and Human Services indicates that reimbursement rates for Medicare and Medicaid hospice patients will increase as of January 2010. Labor statistics further support the growth of the industry: since April 2009, the demand for professionals in the hospice industry has increased by 314%, despite the economic recession.
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Angels of the Valley Hospice Foundation provides specially designed palliative care for terminally ill patients and their loved ones. Patients are cared for by a designated team of professionals, and receive an array of services including symptom management, education about illness, 24 hour access to skilled nurses, support and company, assistance in securing medications and medical equipment, and more.
Medical Billing Specialist, Inc. is a comprehensive billing service provider that offers medical offices and other healthcare businesses with billing, reporting, and consulting services. The company has specialized experience in billing services for hospice, home health agencies, and more. Founded by executives with experience running healthcare businesses, the company brings unique insight into the billing needs of busy offices. Medical Billing Specialist, Inc. offers on-location or offsite services, as required by the practice.
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Medical Billing Specialist, Inc. is a comprehensive billing service provider that offers medical offices and other healthcare businesses with billing, reporting, and consulting services. The company has specialized experience in billing services for hospice, home health agencies, and more. Founded by executives with experience running healthcare businesses, the company brings unique insight into the billing needs of busy offices. Medical Billing Specialist, Inc. offers on-location or offsite services, as required by the practice.
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Xenotis Aequorea Vision™ Medical Medical Inventors Group
Educational and Career Services
Nurses of Today HealthStaff Training Institute Northwoods College Nurses of Tomorrow
Energy
Sunarias™ Corporation Shovon
Healthcare Services and Facilities
Advance Healthlink Home Healthcare Angels of the Valley Hospice Care Skyhill Medical Northwoods Village Skyhill Living Skyhill Village Body Fusion 150 Presto! Gourmet Sears Home Health Care ILN Insurance Bergstrom Home Medical, Inc Sunnyfield Adult Daycare Clinic First ILN Pharmaceuticals Building Maintenance of Today Medical Billing Specialist Prescient Global NuvoDigital Technology Role-Based Practice Solutions PRN Registry
International
Xenotis
Other Companies
Matriarch Healthcare Systems Advanced Developers Artisan Operating Healthcare of Today Properties LocateSpace
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SK3 Group's Hospice Subsidiary Expands Across Southern California
Market Wire "US Press Releases " MIAMI, FL -- (MARKET WIRE) -- 03/16/10 -- SK3 Group, Inc. (PINKSHEETS: SKTO) announces that Angels of the Valley Hospice Care (www.angelsofthevalleyhospice.com) now offers complete palliative services at its Artesia, California branch, the company's second location. This extends Angels of the Valley's hospice care coverage into Artesia, Long Beach, and Orange County. The original Montrose location currently offers care to patients across the greater Los Angeles area.
The hospice industry is predicted to grow favorably in the coming years as more patients use the service, and experience longer stays. This growth is the result of a number of factors, including a rising public awareness of the service, which allows patients to focus on comfort and quality of life, rather than curative treatments, supported by an interdisciplinary team of professionals. Hospice is an attractive option for patients because charges per day are substantially lower than hospitals and skilled nursing facilities. A recent report published by the Department of Health and Human Services indicates that reimbursement rates for Medicare and Medicaid hospice patients will increase as of January 2010. Labor statistics further support the growth of the industry: since April 2009, the demand for professionals in the hospice industry has increased by 314%, despite the economic recession.
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hospice is very great service, its great that SKTO is provding more hospice. I would think this should generate some movement.
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SKTO: The growth potential of SK3 Group, Inc. (OTCBB: SKTO) is enormous because:
(1) industry it operates within
(2) the aggressive acquisition path the Company is pursuing
Hence, the events in the near and mid-term could prove interesting.
I believe SKTO has been on a well engineered rollup strategy that is poised to propel the stock to much higher levels in the coming days, weeks and months.
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SK3 Group markets preferred medical services through its facilitation and offers a range of services in the healthcare industry. Its mission of offering comprehensive healthcare services is embodied in its three companies: Nurses Online, Angels of the Valley Hospice Care, and Medical Billing Specialist. In addition to offering the most valued healthcare services in the industry today, including hospice care, the company explores opportunities in supportive healthcare business services. Corporate information can be found at http://www.sk3groupinc.com.Posts: 348 | From: in the sun! | Registered: Dec 2008
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Key 5 Developments: Rapid Growth Through Acquisitions
In the last few months SK3 and its parent Healthcare of Today has made a number of acquisitions to grow its business. The company realizes the need to expand its product and service portfolio and the need to have a diverse range of services to grow steadily and service its patients better. All the acquisitions are strategic in nature and will enable SK3 to emerge as a complete and grow faster than its peers and create value for its shareholders in the long term.
DyfucaMed®, LLC. SK3 Group, Inc.'s parent company, Healthcare of Today, Inc. has signed a letter of intent with leading edge medical product company DyfucaMed®, LLC. The agreement will allow Healthcare of Today, Inc. to offer DyfucaMed®’s line of products to its patients. This is a major event for SK3 Group, Inc. as with this new agreement in place, the company will be able to leverage DyfucaMed®’s cutting-edge line of products and offer better treatment to millions of patients and thereby grow the business.
The company plans to also work closely with DyfucaMed® on the innovation and development of various new drugs based on stem cell technology and controlled application of a concentrated platelet gel. With demand for such drugs growing multi-fold and the aging population of US and need for aggressive recovery is the stock of the future with considerable growth potential.
Xenotis Pty Ltd. In Dec 2009, SK3 Group, Inc.'s parent, Healthcare of Today, Inc. acquired Xenotis Pty Ltd., the Australian-based producer of advanced human tissue engineering technology for $40Million.
Xenotis is a leader in the world in advanced human tissue engineering. While many companies are interested in this fast-growing market, few have made the clear strides that Xenotis has. The company has working products and a strong distribution network in place around the globe. There is a particular dynamic to be enjoyed by SK3 given its relationship with Regenetech, which is the world leader in advanced stem cell research technology.
NuvoDigital Technology, Inc: SK3 Group, Inc., recently, announced that its parent, Healthcare of Today, Inc. has acquired NuvoDigital Technology, Inc., a data security technology firm based in Salt Lake City. NuvoDigital Technology, Inc.'s technology explores the realm of complete, digital data protection from unauthorized use, with an emphasis on meeting the industry standards for HIPAA compliant data security technology.
NuvoDigital provides exceptional data security capabilities, and is a natural fit for healthcare companies like Healthcare of Today, which want to protect its patients' private information. As its own Healthcare of Today network continues to grow, it is important to think not only about how it is providing healthcare services and products to its patients on a daily basis, but how it protects them long after they leave its offices.
Prescient Global, Inc. Earlier, Healthcare of Today had acquired Prescient Global, Inc., the global security division of Prescient Edge Consulting, which offers complete solutions for corporate security, protecting personnel, assets, and interests in a changing global marketplace. Through its work, Prescient Global is able to assist companies in increasing product value, company profitability, and ultimately, shareholder peace of mind.
MacuCLEAR, Inc. In Jan 2010, SK3 Group, Inc.’s parent, Healthcare of Today, Inc., has entered into a letter of intent to acquire MacuCLEAR, Inc., a pharmaceutical company focused on discovering and developing novel solutions for vascular disorders of the eye. If the company goes ahead and completes this acquisition then it will mark the entry of SK3 in to the vast eye-care industry.
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SKTO parent company, Healthcare of Today, Inc. (www.healthcareoftoday.com), has announced the signing of a letter of intent with leading edge medical product company DyfucaMed®, LLC ("DyfucaMed®").
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Medical Billing Specialist, Inc. is a comprehensive billing service provider that offers medical offices and other healthcare businesses with billing, reporting, and consulting services. The company has specialized experience in billing services for hospice, home health agencies, and more. Founded by executives with experience running healthcare businesses, the company brings unique insight into the billing needs of busy offices. Medical Billing Specialist, Inc. offers on-location or offsite services, as required by the practice.
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Resources Grief Resources If you believe you are depressed, please contact a professional. However, if you are interested in further education about grief and grieving, we recommend checking out some of the following websites:
•The American Hospice Foundation offers a number of downloadable articles answering questions from anticipating a death to coping with it. Visit American Hospice Foundation •WebMD is an online health resource. This page is specifically devoted to grief and grieving, and offers portals to related topics and solutions, including how to help people who are grieving. Visit WebMD •Journey of Hearts is an online web portal full of insight or helpful tips for those who are grieving. Included are “Emergency Pick-Me-Ups” as well as more serious topics. Visit Journey of Hearts
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SKTO up a great % so far - who knows where it could go!!! This news of the hospice has really sent it flying
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SKTO has a ton of volume so far today - maybe the lunch crowd will change the red into green!!!
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SKTO NEWZ!!!SK3's Parent Company Healthcare of Today Announces VP of Licensed Business and New Business Development
MIAMI, FL -- (Marketwire) 03/22/10 SK3 Group, Inc.'s (PINKSHEETS: SKTO) parent company and majority owner Healthcare of Today, Inc. (www.healthcareoftoday.com) has announced the appointment of Jeff Place as its VP of Licensed Business and New Business Development.
Place says, "I am excited to be part of the Healthcare of Today team, a company which truly understands and is dedicated to the future of consumer-driven healthcare. We are examining a number of new business avenues, including walk-in medical clinics, urgent care facilities, and partnerships with local hospital systems, and I look forward to spearheading further efforts in the licensed business sector as well."
Place brings to Healthcare of Today over 25 years experience in the healthcare industry, with expertise in products and distribution. Most recently, Place was Vice President of Retail at Arcadia Resources, Inc., a publicly traded company, where he oversaw opening of the Sears Home HealthCare retail stores along with the Wal-Mart Home HealthCare retail stores, and operated the direct to consumer mail order catalog and internet business. Prior to Arcadia Resources, Place founded a direct to consumer mail order catalog and internet business operating under the Sears Health and Wellness name. He also launched the Home Health Care division of Dik Drug Company, a drug wholesaler that sold directly to HME/DME providers, and grew that division to over $30 MM.
Place is the founder of ZAP HealthCare, LLC, a licensed business partner of Sears Holdings Corporation now held by Healthcare of Today. ZAP HealthCare currently operates six Sears licensed departments in the metropolitan Detroit area. The departments, which are dedicated areas within the Sears store, provide home medical and healthcare solutions that allow customers, the aging population in particular, to maintain an independent and active lifestyle. The business sells an array of products including lift chairs, scooters, stairway lifts, adjustable beds, and a vast assortment of mobility equipment and aids for daily living.
Healthcare of Today CEO Henry Jan says, "By exploring opportunities to collaborate with other successful organizations, we can bring our services to a wider set of clients. Strategic partnership with companies that share Healthcare of Today's commitment to providing consumers with the quality healthcare they need when they need it, is part of our vision. Jeff's unparalleled experience in this aspect of business operations and growth will be instrumental in leading Healthcare of Today's companies forward into new markets and opportunities."
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MERRITT ISLAND, FLORIDA, Apr 19, 2011 (MARKETWIRE via COMTEX) -- SK3 Group, Inc. (PINK SHEETS: SKTO) announces today that it has signed a definitive agreement to acquire Med-Ready Healthcare, LLC ("Med-Ready"), a healthcare firm based in Northern California, whose services include temporary healthcare staffing. Med-Ready's primary business is the placement of temporary nursing and allied healthcare staff. Med-Ready brings to SK3 Group existing contracts with high-profile facilities and organizations including the California Department of Corrections and Rehabilitation (CDCR) and the California Department of Mental Health.
The company pre-certifies its staff and offers its placement candidates access to the Med-Ready Education Center. Open to all healthcare professionals (including those not employed through Med-Ready), the Education Center meets many academic needs by offering features such as specialty education not otherwise available through in-hospital programs.
Med-Ready is expanding its business model to include a second division, Med-Ready Housecalls. Med-Ready Housecalls will offer home visits by healthcare professionals to patients who are unable to leave home and require care or assessment. Home visits are an important corollary to the growing presence of walk-in clinics and other alternative venues to traditional doctors' offices.
Med-Ready will be the latest acquisition for SK3 Group's growing portfolio of healthcare service businesses. Earlier this year, SK3 announced the acquisitions of W&M Medical Management, a firm that manages respiratory therapy departments for medical facilities, PRN Registry, a health care staffing agency based in southern California, and HealthStaff Training Institute, a healthcare vocational training school. SK3 Group is the healthcare service and facilities holding
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