Advanced Health Responds to the New York Observer.TARRYTOWN, N.Y.--(BUSINESS WIRE)--April 1, 1998--Advanced Health Corporation (Nasdaq: ADVH) announced today that the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Attorney's office has informed the Company it is not a target of the federal investigation reported recently in The New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Observer. In addition, Advanced Health has been advised by representatives of each of the Company's managed physician practices -- Madison Medical - The Private Practice Group of New York, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and Advanced Heart Physicians and Surgeons Physicians and surgeons are medical practitioners who treat illness and injury by prescribing medication, performing diagnostic tests and evaluations, performing surgery, and providing other medical services and advice. Network, PC -- that they too were informed by the United States Attorney's office that each of them is not a target of the investigation. Jon Edelson, MD, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Advanced Health, stated, "Any implication by anyone that the Company is the target of any governmental investigation is unfounded and without merit. We take enormous pride in the achievements of our Company and the conduct of our personnel." Advanced Health Corporation is a leading physician practice management company and health care information services See Information Systems. company that vertically integrates practice and network management services with clinical information systems. Unlike other physician practice management companies, Advanced Health partners with -- instead of purchases -- physician group practices, thereby maintaining physician's independence and providing the optimal incentives to achieve practice success. Advanced Health provides physician practice and network management and consulting services through its Advanced Health Management subsidiary. The Company provides clinical information services through its Advanced Health Technologies subsidiary. These systems provide physicians and Integrated Delivery Systems integrated delivery system Integrated provider Medical practice A coordinated health care system formed by physician groups and hospitals which ↑ efficiency and ↓ redundancy in providing health care; IDSs coordinate delivery of a broad range of health with patient-specific clinical and health plan information at the point of care to improve the quality and reduce the costs of health care. Editor's Note: This release is available on the Internet at http://www.advhealth.com and at http://www.noonanrusso.com. CONTACT: Arthur Dague Advanced Health Corporation (914) 524-4783 e-mail:adague@advhealth.com or Noonan/Russo Communications, Inc. (212) 696-4455 Susan Noonan (investors), ext. 203 Michele Baer (media) (219) 486-4058 |
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