PREFERRED THERAPY PROVIDERS SIGNS NATIONAL AGREEMENT WITH NOVANET


Phoenix, AZ. June 6, 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 group health PPO agreement with NovaNet for Alabama, Georgia, and select counties in Florida.

NovaNet was founded in 1994 to participate in the rapid evolution of healthcare, moving from traditional fee-for-service to a managed care environment.  NovaNet is a national PPO that provides comprehensive coverage in 50 states and represents over 599,000 physicians and over 4,200 hospitals. The national network is made up of NovaNet's proprietary networks in Alabama, Georgia, and the north central and panhandle of Florida, while NovaNet's Affiliate Networks, which are the strongest state and regional networks in their respective service areas, provide coverage in all other areas of the country.

“Working with NovaNet provides our network another opportunity to connect with health plans on a regional level,” said Jaxene Hillebert, President of Preferred.  “NovaNet’s delivery system in Alabama, Georgia, and counties of Florida provide our members in those respective states exposure to provide therapy services locally.”

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About PREFERRED Therapy Providers
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.


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