June 01, 2005 08:00 ET

Patrick Holland Joins Private Healthcare Systems as Vice President, Network Strategy

WALTHAM, MA -- (MARKET WIRE) -- June 1, 2005 -- Private Healthcare Systems (PHCS), the nation's leading health care cost management company, today announced the appointment of Patrick Holland to Vice President, Network Strategy. In this newly created position, Mr. Holland will assume responsibility for physician reimbursement strategies nationwide and national contracting efforts.

Mr. Holland brings to PHCS a strong background both in health care and strategic financial management that spans nearly twenty years. Most recently, he served as Assistant Vice President, Network Contracting and Performance Management at Tufts Health Plan where he achieved success in developing strategy and implementing risk contracting initiatives with hospitals, physicians and large systems.

Previous to Tufts Health Plan, Mr. Holland held several leadership positions within the managed care industry where he gained significant experience in negotiation, contracting strategy and analysis, management, information systems and operational policies and procedures.

"With his extensive health care background and expertise in contract negotiation, Patrick is a welcome addition to the PHCS team," said Keith Vangeison, Executive Vice President, Networks. "We are confident that his proven leadership, decision making and analytical abilities will contribute to his success in his role as Vice President, Network Strategy."

Mr. Holland holds a Bachelor of Science in Business Administration from University of Massachusetts Lowell and a Master of Business Administration from Suffolk University.

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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