SOURCE: Private Healthcare Systems

August 01, 2005 09:00 ET

Private Healthcare Systems Adds 18 New Customers in First Half of 2005

WALTHAM, MA -- (MARKET WIRE) -- August 1, 2005 -- Private Healthcare Systems (PHCS), the nation's leading health care cost management company, today announced the addition of eighteen new customers since the beginning of 2005. PHCS has also completed agreements to provide additional services to a number of existing customers.

For 20 years, PHCS has been meeting the strategic, financial and quality needs of health care purchasers by building and maintaining the largest, most cost-effective network of health care providers, and through the integration of state-of-the-market care management services.

New customers added during 2005 include:

--  Allstate Workplace Division
--  American Insurance Company of Texas
--  Auxiant
--  Boon Chapman Benefit Administrators, Inc.
--  Consociate Group
--  Employee Benefit Services of Louisiana
--  Employer Plan Services, Inc
--  First Administrators, Inc
--  Freedom Life Insurance Company of America
--  Hawaii Management Alliance Association
--  Insurance Management Services (IMS)
--  J.P. Farley Corporation
--  Medical Benefit Administrators of MD
--  Memorial Hermann Health Network Providers
--  National Financial Insurance Company
--  National Foundation Life Insurance Company
--  Self-Funded Plans, Inc.
--  United Benefits, a division of Fringe Benefits Management Company
"The first half of 2005 has been a period of exceptional growth for PHCS, further strengthening our position as the national leader in health care cost management," said James Herrington, Chief Marketing Officer, Private Healthcare Systems.

About PHCS

For 20 years, Private Healthcare Systems has been meeting the network and care management needs of customers across the country. Corporate headquarters are in Waltham, Massachusetts, with regional offices located throughout the United States. PHCS is the second largest care management company in the country as well as the largest national proprietary PPO. The PHCS Network includes nearly 450,000 providers and more than 4,000 facilities. PHCS is the first and only national PPO to earn four endorsements of quality from two independent, nationally recognized quality assurance organizations, NCQA and URAC.

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