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HEALTHSOURCE, INC. ANNOUNCES HMO LICENSE APPROVAL FOR ARKANSAS

 /REPEATING TO POINTS MISSED/
 CONCORD, N.H., Dec. 6 /PRNewswire/ -- Healthsource, Inc.,


(NYSE: HS), a leading operator of health maintenance organizations (HMOs) and managed health care services, announced today that its Arkansas affiliate, Healthsource Arkansas, Inc. has received its HMO license.
 In other Arkansas developments, effective Nov. 10, 1993, Healthsource's Arkansas affiliate purchased Spradley & Coker, Inc., Arkansas' largest independent third party administrator for self-funded medical and dental plans. Also based in Little Rock, Spradley & Coker, Inc. provides services for more than 60,000 individuals in its administrative products and PPO plans.
 Norman C. Payson, M.D., president and chief executive officer said today, "We are very pleased to have received our Arkansas license. With our license, our Arkansas management team in place, and the acquisition of the state's leading third party administrator, we are in excellent position to rapidly develop our managed health plans."
 Healthsource, Inc. is a geographically diversified provider of a broad range of managed health care services. Healthsource, Inc. owns HMOs operating in New England, the Midwest and the Southeast and has minority ownership interests in and provides services to HMOs in New York, North Carolina and Maine. Healthsource, Inc. also offers point of service plans, preferred provider organizations and utilization review and managed care services to other health care payors, and owns one of the largest third party claims administrators in New England. Healthsource has been providing managed care services to Liberty Mutual for the New Hampshire workers' compensation residual market and initiated a joint venture with Chubb LifeAmerica to develop an HMO in New York City.
 -0- 12/6/93 R
 /CONTACT: Thomas Congoran, chief financial officer, or Tracey Turner, shareholder relations, 603-225-5077, both of Healthsource; or Kerry Thalheim, 212-661-8030, or Kathy Brunson, 312-266-7800, both of The Financial Relations Board for Healthsource/
 (HS)


CO: Healthsource, Inc.; Healthsource Arkansas Inc.; Spradley & Coker,
 Inc. ST: New Hampshire, Arkansas IN: HEA SU: LIC TNM


JL-CM -- NE011 -- 0933 12/06/93 16:16 EST
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Publication:PR Newswire
Date:Dec 6, 1993
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