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PREFERRED THERAPY PROVIDERS, INC.
COMPLETES NEGOTIATION OF VENDOR CONTRACT WITH US BANK



Phoenix, AZ, May 11, 2009 – Preferred Therapy Providers, Inc. (PREFERRED) announced that it has signed US Bank as a preferred vendor for their national network of physical, occupational, and speech therapists. Under the contract terms members of PREFERRED’s network receive special pricing on products and services offered by US Bank.

U.S. Bank is the 6th largest commercial bank in the United States, with over $266 Billion in assets, the fourth largest branch network in the U.S. and over 50,000 bankers. The company operates nearly 3000 full-service banking offices and over 5,000 ATM’s. They provide a comprehensive line of banking, brokerage, insurance, investment, mortgage, and trust and payment services to consumers, businesses and institutions.

Through our partnership with US Bank, our network providers are now eligible for preferred rates, exceptional pricing and discounted or waived fees on financial products and services US Bank offers.” “This is a great opportunity for our network providers, especially during these challenging economic times”, states Christy Beauchamp, Vice President of PREFERRED.

Founded in 1992 and based in Phoenix, Arizona, 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 nationally recognized and accepted standards, thereby reducing time, cost, and paperwork for both the PPO and provider. Currently, PREFERRED has over 1,100 clinics in 35 states and over 2,700 individual therapists, serving more than 60 million members.

For more information contact Preferred Therapy Providers, Inc. at (800) 664-5240 or visit the company’s website at www.preferredtherapy.com.

For more information about US Bank, please contact Omar Neira at 623-878-2753 or by email at: omar.neira@usbank.com

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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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