Access Health to Provide Personal Health Advisor to Health Net, Inc. of Tennessee.RANCHO CORDOVA Rancho Cordova (răn`chō kôrdō`və), uninc. residential city (1990 pop. 48,731), Sacramento co., N Calif. A suburb of Sacramento, it experienced rapid growth in the late 20th cent. , Calif.--(BUSINESS WIRE)--Dec. 4, 1996--Access Health, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ACCS ACCS Air Command and Control System (NATO) ACCS Advanced Cisco Campus Switching ACCS Association of Copyright for Computer Software ACCS Air Command & Control System ACCS Airborne Command & Control Squadron ) has signed an agreement with Health Net, Inc. to provide its Personal Health Advisor health information service to nearly 100,000 Health Net members in middle Tennessee. The agreement with Health Net includes 75,000 Health Net members enrolled through the state-funded TennCare program, which provides managed health care benefits to Medicaid eligible recipients, the blind, disabled and the uninsurable uninsurable Health insurance A high-risk person without health care coverage through private insurance who falls outside the parameters of risks of standard health underwriting practices. See Underwriting. in Tennessee. Additionally, the contract includes nearly 25,000 commercial and Medicare members enrolled through the Health Net HMO HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, health plan. Health Net, Inc. is a Nashville-based, independent managed care organization with more than 300,000 members in middle Tennessee. "We are pleased to be partnering with Health Net, Inc. to provide its members in Tennessee with access to the information they need to lead healthier lives," Chief Executive Officer Thomas E. Gardner said. "We are confident that Personal Health Advisor will play an important role in helping Health Net's members to more effectively utilize the health care system." Personal Health Advisor is a membership-based personal health management service that provides consumers with immediate access to a broad range of health information and counseling services. Members can receive information 24 hours a day, seven days a week via the telephone, the Internet, printed materials and cable TV through America's Health Network. Registered nurse counselors are available anytime of the day or night to answer questions and provide other health-related assistance as necessary. Additionally, PHA PHA abbr. phytohemagglutinin PHA phytohemagglutinin, a plant lectin. Online (www.pha-online.com), a companion service to Personal Health Advisor, offers members personalized health information and online activities based on their needs and interests. John Z. Hackworth, Ph.D., chief executive officer of Health Net, Inc., added that "Personal Health Advisor is a cost-effective program that will offer a valuable health care information option to our members. We are pleased to be partnering with Access Health on this program." Access Health is the leading provider of membership-based personal health and care management services designed to help improve quality of care, reduce costs and improve member satisfaction. The company has a total membership of more than 16 million people nationwide. Access Health is headquartered at 11020 White Rock Road, Rancho Cordova, Calif., 95670. The phone number is 916/851-4000, the fax number is 916/852-3890 and the World Wide Web address is http://www.access-health.com -0- Note to Editors: Certain statements contained in this release, including those relating to the timing and number of members which will result from this contract, are forward-looking statements and therefore are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Actual results may differ and such differences may be material. These statements involve risks and uncertainties, including possible non-renewal of such contract. These risks are detailed in the Company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. or 10-K/A filed for fiscal year 1995, and the reports filed on Form 10-Q Form 10-Q See 10-Q. for the first, second and third quarters of fiscal year 1996. CONTACT: Access Health Jan Emerson, 916/864-4784 Matt Plavan, 916/851-4012 (IR) |
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