Birman Managed Care, Inc. Announces New HMO Contract -- Company Also Signs New Hospital Contract in Virginia --.COOKEVILLE, Tenn.--(BUSINESS WIRE)--June 25, 1998--Birman Managed Care Inc. (Nasdaq:BMAN BMAN - Broadband Metropolitan Area Network ), a physician-driven health care consulting and management company, announced today that its 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, subsidiary, Care3 Inc. has been awarded a managed care contract in the gaming industry along the Mississippi Gulf Coast The Mississippi Gulf Coast refers to the three Mississippi counties which lie on the Gulf of Mexico: Hancock County, Mississippi, Harrison County, Mississippi, and Jackson County, Mississippi. . The contract, effective May 1, 1998, is valued in excess of $1 million annually. In addition, under its Birman & Associates subsidiary, the company has been awarded a two-year contract with a Virginia hospital, valued at approximately $360,000. Since January, Birman has signed 10 new hospital contracts, bringing its client base to 25 hospitals in 12 states. David N. Birman, MD, Chairman, President and Chief Executive Officer of Birman Managed Care Inc. said, "Both the new HMO and hospital contracts represent our commitment to grow our business base. Under Care3, we are establishing a health plan founded on three essential building blocks, which include, the member, high-quality providers and the plan itself. As we continue to administer our corporate philosophy `what is best for the patient is best for the entire health care industry', it is our goal to work with the physician and ancillary staff to enhance compliance and quality goals of the excellent care they are already providing." Care3, Birman's first HMO, began enrolling members in August 1997. Care3's health plan is designed to provide high-quality and cost-efficient health care by aligning the interests of physicians and their patients. As it relates to Birman & Associates' contract in Virginia, Birman will implement its Quality Management Program (QMP QMP Quality Medical Publishing QMP Quality Management Plan (USACE) QMP Quality Management Program (Canada) QmP Qualitätswein Mit Prädikat (German wine certification) ). Specific to this program is the use of Birman-trained physicians in their clinical setting. The fundamental application of Birman's QMP is to accurately determine the patient's severity of illness, enhance quality, focus on resource utilization management Utilization management is the evaluation of the appropriateness, medical need and efficiency of health care services procedures and facilities according to established criteria or guidelines and under the provisions of an applicable health benefits plan. , meet regulatory standards, and assure hospitals receive appropriate reimbursement. Birman Managed Care, Inc. is a health care consulting company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee consulting firm business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a with a physician focused core competency. Through its subsidiary, Birman & Associates, the company offers a range of compliance products and quality management services customized for health care providers including hospitals and physician offices. The company also operates Care3, its HMO in Mississippi; as well as Hughes & Associates, a licensed pre-certification and utilization review u·til·i·za·tion review n. A process for monitoring the use, delivery, and cost-effectiveness of services, especially those provided by medical professionals. company; and Rehab Partners, a workers compensation Preferred Provider Organization 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. (PPO PPO abbr. preferred provider organization PPO Managed care Preferred provider organization, see there Infectious disease Pleuropneumonia-like organism, see there ) in Mississippi.
CONTACT: Birman Managed Care, Inc.
Jeff Drake
Senior Vice President
Corporate Development
(931) 372-7800
or
Morgen-Walke Associates
Stacey Levitz/Lauren Felice
Press: Michael McMullan
(212) 850-5600
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