Coalition America, Inc. Closes Acquisition of National Preferred Provider Network.ATLANTA -- Coalition America, Inc. (CAI (1) (Computer-Assisted Instruction) Same as CBT. (2) See CA. CAI - Computer-Aided Instruction ) announced today that it has completed the acquisition of National Preferred Provider Network and affiliated entities including Plan Vista Corporation, Medical Resource, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and National Provider Network, Inc., all of which were formerly subsidiaries of Proxymed, Inc. "The combination of CAI and NPPN NPPN National Preferred Provider Network NPPN National Parent Partnership Network positions the combined entity to deliver enhanced savings to healthcare payors, including self insured employers, labor organizations, health insurance carriers and third party administrators. CAI will be able to offer the market immediate access to a combined total of approximately 300,000 direct provider contracts. Additionally, CAI is able to offer its clients an array of cost containment cost containment, n the features of a dental benefits program or of the administration of the program designed to reduce or eliminate certain charges to the plan. products, including highly effective bill negotiation services and its proprietary provider reimbursement fee schedule," said Sean Smith, chairman and chief executive officer. Mr. Smith also added, "This acquisition moves CAI into the top tier of cost containment companies. Independently, CAI and NPPN saved their clients billions of dollars in medical costs. We are confident that the combined entity will build on this strong foundation to deliver even greater savings to our clients in the future." Mollie mollie or molly, New World fish of the genus Mollienesia, in the same family as the guppy (see killifish). Mollies are found from the E and central United States to Argentina. Gordon Brown, chief strategy officer, commented that, "since the execution of the Stock Purchase Agreement in November, we have been highly focused on developing an integration plan between CAI and NPPN to minimize any disruption to clients. Both organizations have committed significant resources to this initiative and we are confident our clients will see the rewards of our efforts." About Coalition America, Inc. Coalition America, Inc. is a market leader providing comprehensive solutions for managing healthcare costs. CAI utilizes a suite of products and services including direct provider contracts, PPO PPO abbr. preferred provider organization PPO Managed care Preferred provider organization, see there Infectious disease Pleuropneumonia-like organism, see there networks and provider negotiations to achieve industry leading savings for its national client base of health insurance carriers, self insured employers, Taft-Hartley plans and third party administrators. For more information about Coalition America please visit www.CoalitionAmerica.com or contact Libby Ricks, director of marketing and public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most at 404-459-7201, ext. 5265 or LibbyRicks@CoalitionAmerica.com. |
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