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Healthcare Solutions Managmnt Grp Inc
26 Reynolds St
Phone: (720) 442-7000p:720 442-7000 Springhill, LA  71075  United States Ticker: HSMDHSMD

On 5/3/2024, the Securities and Exchange Commission (SEC) charged BF Borgers CPA PC and its owner, Benjamin F. Borgers, with significant violations of Public Company Accounting Oversight Board (PCAOB) standards across more than 1,500 SEC filings from January 2021 to June 2023. The charges included falsely representing compliance with PCAOB standards to clients, fabricating audit documentation, and inaccurately stating compliance in audit reports. According to the SEC's order, of 369 BF Borgers' clients whose public filings from January 2021 through June 2023 incorporated the firm's audits and reviews, at least 75 percent of the filings incorporated audits and reviews that did not comply with PCAOB standards. The financials in this report may include past audits and reviews conducted by BF Borgers CPA PC that are deemed not compliant with PCAOB standards.

Business Summary
Healthcare Solutions Management Group, Inc. is an integrated healthcare company. The Company operates through its wholly owned subsidiary, Healthcare Solutions Holdings, Inc. (HSH). HSH conducts its operations directly through HSH, and also through its wholly owned subsidiaries within the medical industry, seeking to serve the needs of patients and physicians alike. HSH's wholly owned subsidiaries include Advance Care Medical Holdings, Inc. (ACM), HSH Surgical, Inc. (HSHS), and HSH Medical Services, Inc. (HSHMS). ACM seeks to be a direct provider of urgent care and internal medicine services, and all comprehensive care provided by HSH is run through ACM. HSHS is a physician-centric development and management company of multi-specialty, cardiology-focused, ambulatory surgery centers. HSHS seeks to own and operate ambulatory surgery centers. HSHMS seeks to provide ancillary services directly to physician offices and engage in sales and marketing of medical products to doctors.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
9/30/20219/30/2021YesYesYesYesYes

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Interim Chief Executive Officer, Interim Chief Financial Officer, Director JoshConstantin 45 3/15/2023 3/15/2023
Chief of Surgery SadeemMahmood 58 4/15/2021 4/15/2021

Business Names
Business Name
AquaLiv Technologies, Inc.
Focus Systems International
Focus Systems, Inc.
6 additional Business Names available in full report.

General Information
Number of Employees: 50 (As of 9/30/2021)
Outstanding Shares: 92,214,638 (As of 5/31/2022)
Shareholders: 1,671
Stock Exchange: OTC
Federal Tax Id: 383767357
Fax Number: (605) 543-5989


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Saturday, June 22, 2024