Care Group's New York Operation Has Signed New Managed Care Agreements.LAKE SUCCESS, NY--(BW HealthWire)--Oct. 6, 1997--The Care 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 : CARE) announced today its 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 Home Health Agency has signed two (2) new Managed Care agreements with Physicians Health Services health services Managed care The benefits covered under a health contract and Oxford Health Plans which will give it access to the members of these plans in the New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , Westchester and Long Island areas of New York. Mike Moran said, "These are two of the dominant players in the New York managed care market and their membership is in excess of one million. We need to remain focused and responsive to the case managers for these organizations. Our ability to provide excellent service and immediate clinical updates should allow significant pull-through business opportunity. This is also the beginning of our plan to incorporate more managed care and disease state programs in the New York market." The Care Group is a leading provider of Integrated Delivery Systems for Disease Management. Disease Management programs include Pediatrics, HIV/AIDS HIV/AIDS Human Immunodeficiency Virus/Acquired Immune Deficiency Syndrome and Oncology. The spectrum of services provided include Professional, Paraprofessional paraprofessional 1. a person who is specially trained in a particular field or occupation to assist a veterinarian. 2. allied animal health professional. 3. pertaining to a paraprofessional. , Infusion and Mail Order Medications. -0- This press release contains forward-looking statements. All forward-looking statements involve risks and uncertainties, including, without limitation, the risks detailed in the company's filings and reports with the Securities and Exchange Commission. Such statements are only predictions and actual events or results may differ materially. CONTACT: The Care Group Inc., Lake Success Mike Moran - President Pat Celli - Chief Financial Officer 516/869-8383 |
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