PREFERRED THERAPY PROVIDERS COMPLETES RENEGOTIATION OF VENDOR CONTRACT WITH STAR TRAC FITNESS
Phoenix, AZ, April 3, 2006 Preferred Therapy Providers, Inc. (Preferred) announced that it has
renegotiated their vendor agreement with Star Trac Fitness (Star Trac) as a preferred vendor for their
national network of physical, occupational, and speech therapists. Under the new contract terms,
members of Preferred’s network are receiving a significant discount on both their strength
and cardiovascular equipment offerings.
Star Trac manufactures globally recognized best-in-class commercial treadmills. In addition,
they manufacture a full-line of elliptical trainers, bikes, and steppers; in addition, they manufacture
a full line of cross-trainers, bikes, and steppers as well as a full line of commercial strength
equipment. Star Trac is also partnered with Mad Dogg Athletics, the creators of the Spinning® program,
as the official worldwide manufacturer of all three Spinning bikes including the revolutionary
Spinner® NXT. Best known as a manufacturer of user-focused equipment, Star Trac is one of the
fitness business’ preeminent creators of innovative cardiovascular products – designed
with the user in mind.
“Equipment that keeps a user in mind is something that our network members
look for in the products that they purchase for their individual practice,” said Jaxene
Hillebert, President of Preferred. “We continually evaluate our preferred vendor program
and seek out value-added products that our members express as a need in their day to day operations
in order to safely rehabilitate their patients. “
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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 1100 locations in 35 states, representing
more than 2700 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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