Apria Healthcare Group named preferred provider for Aetna Health Management; company to provide fully integrated service offering nationally.COSTA MESA Costa Mesa (kŏs`tə mā`sə), city (1990 pop. 96,357), Orange co., S Calif., on the Pacific south of Santa Ana; inc. 1953. It is a transportation, residential, and light industrial center. , Calif.--(HealthWire)--Jan. 30, 1996--Apria Healthcare Group 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 :APRA APRA (ä`prä) or the Alianza Popular Revolucionaria Americana, reformist political party in Peru, also called the Partido Aprista. ), announced today that it has been named one of two national preferred providers for Aetna Health Plans. Effective January 1, 1996, Apria Healthcare began providing its complete comprehensive homecare offering, which includes home infusion, respiratory therapy respiratory therapy Medical profession concerned with assisting the respiratory function of individuals who have severe lung disorders. Practices include suctioning to clear secretions from the airway, use of aerosol mists (sometimes medicated) or gases to ease breathing, , home medical equipment and nursing services, to Aetna's sites nationally which cover more than seven million lives. Jeremy M. Jones, Apria Healthcare's Chairman and Chief Executive Officer commented on the relationship with Aetna: "We are very pleased to serve as preferred provider to Aetna's membership base and in particular, we are excited about the opportunity to offer our full spectrum of homecare services on a national basis. We believe that our philosophy coincides with that of Aetna -- the key to success in today's healthcare marketplace is possessing the capabilities necessary to deliver integrated quality cost-effective care." Aetna Health Plans is one of the country's leading managed health care companies. In addition to providing health care coverage through health maintenance organizations, preferred provider organizations pre·ferred provider organization n. Abbr. PPO A medical insurance plan in which members receive more coverage if they choose health care providers approved by or affiliated with the plan. , point-of-service plans and traditional fee-for-service plans, Aetna Health Plans also offers specialty health and group insurance products. In total, Aetna Health Plans' products and services reach more than 20 million Americans. Costa Mesa, Calif.-based Apria Healthcare Group provides and/or manages comprehensive integrated homecare services which include home infusion, respiratory therapy, home medical equipment, women's healthcare, nursing and coordinated care through 350 locations serving patients in 49 states. CONTACT: Apria Healthcare Susan J. Lewis Director of Public and Investor Relations Investor relations The process by which the corporation communicates with its investors. 714/427-2416; 714/673-1733 (after hours) |
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