HealthAmerica(R) and HealthAssurance(R) Contract With Pottstown
Memorial Medical Center in Southeastern Pennsylvania
HARRISBURG, Pa., July 20 /PRNewswire/ -- HealthAmerica and HealthAssurance
have signed a multi-year agreement with Pottstown Memorial Medical Center in
Montgomery County.
This agreement is effective July 1, 2005, and enhances HealthAmerica and
HealthAssurance's expansion into the southeastern Pennsylvania region. It
anticipates continued network development activity throughout 2005.
Pottstown Memorial Medical Center is a 221-bed facility with 134 active
physicians. It offers a 24-hour emergency room and full services to residents
of the Pottstown area and surrounding Montgomery County.
"This new agreement with Pottstown Memorial Medical Center, and with Community
Health Systems, reflects our core business philosophy of finding partners who
share our values of quality patient care and customer service," said Robert L. Dawson, president and CEO of HealthAmerica and HealthAssurance. "We are pleased
to establish this important relationship with Pottstown Memorial Medical Center
to deliver services and give our members in Montgomery County access to
superior health care." For more information about Pottstown Memorial Medical Center, visit their
website at http://www.pottstownmemorial.com/.
About HealthAmerica and HealthAssurance HealthAmerica(R) Pennsylvania, Inc. has a 30-year record of providing health
care benefits. HealthAmerica, HealthAssurance(R) Pennsylvania, Inc., and
affiliate companies cover over 720,000 members in Pennsylvania and Ohio through
PPO, POS, HMO, Medicaid, and Medicare Advantage plans. In addition,
HealthAmerica offers a product for individuals and families who are not
eligible for employer-sponsored health care benefits, Medicare, or Medicaid,
called HealthAmericaOne. HealthAmerica earned an "Excellent" Accreditation for
its HMO plan and HealthAssurance earned an "Excellent" Accreditation for the
HealthAssurance POS by the National Committee for Quality Assurance, an
independent, non-profit organization dedicated to measuring the quality of
America's health care. With corporate offices in Pittsburgh and Harrisburg,
Pennsylvania, HealthAmerica and HealthAssurance provide managed health care
products and services to over 12,000 employers in Pennsylvania and Ohio. HealthAmerica and its affiliates employ over 1,500 people in Pennsylvania. For
more information, visit HealthAmerica's website at
http://www.healthamerica.cvty.com/.
HealthAmerica and HealthAssurance are subsidiaries of Coventry Health Care,
Inc. (NYSE:CVH), a national managed health care company based in Bethesda,
Maryland. Coventry Health Care, Inc. provides a full range of risk and
fee-based managed care products and services, including HMO, PPO, POS, Medicare
Advantage, Medicaid, Workers' Compensation and Network Rental to a broad cross
section of employer and government-funded groups, government agencies, and
other insurance carriers and administrators in all 50 states as well as the
District of Columbia and Puerto Rico. More information is available on the
Internet at http://www.cvty.com/.
This press release may contain forward-looking statements, made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act of 1995,
relating to future events or future financial performance. Actual performance
may be significantly impacted by certain risks and uncertainties, including
those described in Coventry Health Care, Inc.'s Annual Report on Form 10-K for
the year ended December 31, 2004, as filed with the SEC. DATASOURCE: HealthAmerica and HealthAssurance CONTACT: Kendall Marcocci, Director of Communications of HealthAmerica and HealthAssurance, +1-717-540-6746, or Web site: http://www.healthamerica.cvty.com/ http://www.pottstownmemorial.com/ http://www.cvty.com/
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