Released on = September 29, 2006, 1:15 pm

Press Release Author = Management Revenue Group

Industry = Financial

Press Release Summary = Management Revenue Group Identifies Billion Dollar
Accounting Gap affecting over Publicly Traded Firms. Over 1000 corporations are due
healthcare refunds.

Press Release Body = Management Revenue Group Identifies
Multi-Billion-Dollar Gap in Accounting Controls


September 29, 2006: Collegeville, PA - FOR IMMEDIATE RELEASE

Contact: Charles W. Stout, Chief Executive Officer


"Shareholders are being robbed, to the tune of TENS OF BILLIONS of dollars annually,
in a crime that's even worse than the alleged price gouging on gas," according to
Charles Stout of Management Revenue Group. "To make matters worse, the thieves are
operating with impunity."
"Four years after the passage of Sarbanes-Oxley," Stout continues, "corporate
accountability is not being enforced by ANYONE in the area of employee benefit
healthcare. Not by the DoJ, EBSA, or any AG.and certainly not by the SEC. CFOs are
routinely signing false and/or misleading SEC reports, attesting to the adequacy of
their companies' internal controls. This lack of SEC enforcement is resulting in
the loss of billions of dollars in shareholder value. When the SEC does act as if
it's going to enforce the law, it's with a 'wink and a nod' to the guilty party.
Although there's an agreement in place, the SEC doesn't make any attempt to collect
the money owed. Doubt me? Look at the recently announced fine of Scott Sullivan,
the former CFO of WorldCom. Sullivan agreed to be liable for $10 million in
disgorgement and nearly $3.6 million in interest. The SEC waived the actual payment
of these funds, however, and decided not to impose a civil penalty against Sullivan
and two accountants."
Management Revenue Group has been an advisory organization in the medical field for
more than ten years. For the past seven years, the firm has been associated with
Accu-Rate Telecom, Inc., a hospital bill auditing practice with a goal of ensuring
that clients pay only valid and accurate healthcare expenses.
According to Mr. Stout, "in the post-Enron environment, it's critical that
corporations protect their assets by ensuring the accuracy of their employees'
healthcare billing. For an example of what can happen when internal controls are
lacking, consider the current legal action filed by AutoNation. The suit alleges
that United HealthCare Insurance has paid $10 million in 'improper and unauthorized
medical claims' on AutoNation's behalf. For the most part, this does not refer to
United HealthCare's payments for overpriced goods and services (amounting to tens of
billions annually). It refers to United's payment of bills--out of AutoNation's
account--for individuals not even enrolled in AutoNation's health plan!
Management Revenue Group has created a video presentation, which discusses
healthcare accounting flaws and their impact on shareholder value. It also offers
viable solutions, to protect corporations and shareholders. The video can be viewed
on "You Tube" at: healthcare overbilling and fraud.
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Web Site = http://

Contact Details = Charles Stout
Management Revenue Group
635 Beyers Road
Collegeville, PA 19426
215-853-2560
charlesstout@verizon.net