DOUGLAS WERNER APPOINTED TO NEW STRATEGIC PLANNING & DEVELOPMENT POST AT HSI.WOODLAND HILLS, Calif.--(BUSINESS WIRE)--October 30, 1996--Health Systems International, Inc. (NYSE NYSE See: New York Stock Exchange :HQ) (HSI) today announced the appointment of Douglas C. Werner to the new position of senior vice president, strategic planning and business development. Werner, who has 23 years experience in the development and operation of HMOs and other health plans, will report directly to HSI president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , Jay Gellert. Werner's previous position was regional vice president, western region, for Aetna Health Plans, where he developed and led commercial and government health plan operations since 1987. He has also served in executive positions at Western Health Plans, National Medical Enterprises, Healthcare Affiliates, Inc., and CIGNA CIGNA CG (Connecticut General Life Insurance Company) INA (Insurance Company of North America) Healthplans. He graduated from Wesleyan University in 1966, earned a master's degree from the University of California The University of California has a combined student body of more than 191,000 students, over 1,340,000 living alumni, and a combined systemwide and campus endowment of just over $7.3 billion (8th largest in the United States). at Los Angeles (UCLA), and is a candidate for a doctorate from UCLA. HSI and Foundation Health Corporation recently announced that they have agreed to combine to become the nation's fourth-largest publicly traded managed care company, with five million medical members in 16 states. Subject to shareholder and regulatory approval, as well as other customary conditions, the completion of the transaction is expected to occur by the end of January 1997. Health Systems International is one of the largest managed health care organizations in the United States. It serves more than 1.9 million members in nine states: California, Colorado, Connecticut, Idaho, New Jersey, New Mexico, Pennsylvania, Oregon and Washington. It also owns Preferred Health Network, Inc. (PHN Postherpetic neuralgia (PHN) The term used to describe the pain after the rash associated with herpes zoster is gone. Mentioned in: Shingles PHN Postherpetic neuralgia, see there ), a 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 ) network providing access to more than 4.6 million individuals in 38 states, and coordinates managed care products for multi-region employers. For five years in a row, HSI or QualMed, Inc., a predecessor company to HSI, has been included on Fortune Magazine's list of America's 100 fastest growing companies. CONTACT: Health Systems International, Inc. David Olson, 818/719-6978 http:\\www.hsintl.com dolson@hsintl.com |
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