American Health Systems Inc. Announces Stock Purchase Agreement to Purchase HMO.

IRVINE, Calif.--(BW HealthWire)--Feb. 9, 1999--American Health Systems Inc. announces it has signed a Stock Purchase Agreement as of Dec. 2, 1998, and is awaiting Department of Corporation approval to purchase Greater Pacific Health Plan, a five-county 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, serving Ventura, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , Orange, Riverside and San Bernardino San Bernardino, city, United States
San Bernardino (săn bûr'nədē`nō), city (1990 pop. 164,164), seat of San Bernardino co., S Calif., at the foot of the San Bernardino Mts.; inc. 1854. counties.

Greater Pacific Health Care has currently expanded its provider base to include a total of 3,327 primary care providers and 59 hospitals covering the five Counties area.

An aggressive marketing campaign has been launched, and Greater Pacific has recently enrolled 3,058 new members and projects numerous new members within the first quarter of 1999.

This press release may consist of forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. Such statements are subject to risks and uncertainties that could cause the actual results to differ materially. Readers are referred to the documents filed by American Health American Health Inc. is a company that manufactures health supplements. It is located in Holbrook, New York. One of its products is labeled the "Chewable Original Papaya Enzyme" with the attached registered trademark, "The 'After Meal Supplement'". Care Inc. with the Securities and Exchange Commission.

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Publication:	Business Wire
Geographic Code:	1USA
Date:	Feb 11, 1999
Words:	153
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