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Phoenix, AZ. April 25, 2005 PREFERRED Therapy Providers , Inc. (PREFERRED), the largest centrally managed contracting and marketing resource for private practice physical, occupational, and speech therapy clinics in the United States, announced that it has signed a national (excluding Hawaii) agreement with Health Network America (HNA)/Triveris for group health products. HNA/Triveris is a Third Party Administrator (TPA) providing health benefit administrative services for self-funded employers, insurance companies, healthcare funds, trade unions, state and federal government, hospital systems, and HMO organizations. HNA/Triveris' innovative approach to health plan management has succeeded in achieving higher quality, lower cost health plans since 1992. Founded by its employees and management as an alternative to traditional and increasingly more expensive health benefits delivery systems, HNA/Triveris has continually proven that appropriate medical decision-making leads to lower claims costs. Through rigorous data collection and analysis, HNA/Triveris provides information to both doctor and patient in order to facilitate an appropriate plan of care. Their approach, focusing on patient advocacy, has been highly successful in nearly every state and on two continents. “The second quarter of this year is very promising with the addition of HNA/Triveris in PREFERRED’s payor mix,” said Jaxene Hillebert, President of PREFERRED. “We believe that the most important step in delivering value to our members is having strong payor relationships that allow our members to provide the quality physical, occupational, and speech language therapy services throughout the country.” |
| About PREFERRED Therapy Providers |
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| PREFERRED
Therapy Providers, Inc. is based out of Phoenix, Arizona and
was founded in 1992 by Jaxene Hillebert. PREFERRED
is the largest centrally managed contracting and marketing
resource for private practice physical therapy clinics in
the United States. PREFERRED's
business model allows flexibility in contracting between private
practitioners and various health plans and organizations.
PREFERRED assumes responsibility for primary source verification of all practitioner elements required by the National Committee for Quality Assurance (NCQA), thereby reducing time, cost, and paperwork for both the PPO and provider. Currently, the PREFERRED Network consists of over 975 locations in 35 states, representing more than 2400 physical, occupational, and speech, therapists, and serving more than 60 million members. For more information, contact PREFERRED Therapy Providers, Inc. at (800) 664-5240 or visit the company's Web site at www.preferredtherapy.com. |