Private Healthcare Systems Adds 14 New Customers In First Quarter Of 2004

WALTHAM, Mass.--(BUSINESS WIRE)--April 12, 2004--Private Healthcare Systems (PHCS), the nation’s leading health care cost management company, today announced the addition of fourteen new customers during the year’s first quarter. PHCS has also completed agreements to provide additional services for a number of existing customers.

PHCS meets the strategic, financial and quality needs of its nearly 200 customers by building and maintaining the largest, most cost-effective network of health care providers and integrating state-of-the-market medical management services. With nearly 410,000 providers and 3,700 facilities, PHCS is the largest proprietary PPO in the country and the second largest independent medical management company.

New customers added during the first quarter of 2004 include:

-- 21st Century Health and Benefits, Inc.

-- American National Insurance Company

-- American Republic Insurance Company

-- Carrollton-Farmers Branch Independent School District

-- Century Planners Administrators, LLC

-- Imerica Financial Corporation

-- Pekin Insurance

-- Rewards Administration Center

-- Southern Benefit Administrators, Inc

-- The Plan Handlers Inc.

-- Westport Benefits, LLC

-- Zenith Administrators

The following existing customers added new PHCS services:

-- Christian Brothers Services

-- Ecom Benefits

-- GE Group Administrators

-- J.F. Molloy & Associates, Inc.

-- NLI of America

-- Preferred Care

-- Principal Life Insurance Company

-- Providence Health Plans Benefit Plan Management

-- UNICARE Life and Health

“We achieved impressive growth in the first quarter of 2004,” said James Herrington, PHCS Chief Marketing Officer. “Our success can be attributed to the terrific efforts of our sales and marketing team and the merits of our flexible and highly-effective services.”

About PHCS

For 19 years, Private Healthcare Systems has been meeting the network and medical management needs of customers across the country. Corporate headquarters are in Waltham, Massachusetts, with regional offices located throughout the United States. The largest proprietary PPO in the country, the PHCS Provider Network includes nearly 410,000 providers and 3,700 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.

Contacts

Private Healthcare Systems Christine Martiny, 781-895-6804 cmartiny@phcs.com