Landacorp names Chuck Mosier Vice President, Business Development.Business Editors ATLANTA--(BUSINESS WIRE)--Aug. 28, 2000 Landacorp, 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 : LCOR) today announced that it has named Charles F. (Chuck) Mosier, III to the newly created position of Vice President, Business Development. Landacorp provides health plans and healthcare delivery organizations Internet- and Windows(R)-based medical management software and service solutions that help control the cost, enhance the quality and minimize the risks of healthcare delivery. Mr. Mosier comes to Landacorp from Computer Sciences Corporation (NYSE NYSE See: New York Stock Exchange : CSC), where he most recently served as Director of Product and Services Strategy for CSC's Healthcare Group. In that a role, he was responsible for the creation of the strategic product direction and technology plan to expand the capabilities of CSC's application suite to meet the integrated business needs of large health insurance payers. During his five years with CSC's Healthcare Group, Mr. Mosier also served as a Director of Sales, where he was responsible for the development of both domestic and international new strategic accounts. Prior to joining CSC, Mr. Mosier spent six years as the Director of Information Technology at Mayo Management Services, Inc. (MMSI MMSI Maritime Mobile Service Identity MMSI Miniature Munitions/Store Interface MMSI Military Membership Status Identifier ) - a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of the Mayo Foundation. During his tenure there, Mr. Mosier was instrumental in transforming MMSI from a 4500-member 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, to a multi-LOB, multi-state TPA (Transient Program Area) See transient area. TPA - Transient Program Area servicing over 150,000 lives. "We think we've added someone who brings a unique and powerful set of skills to our management team," said Landacorp President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Gene Cattarina. "Chuck has been working in this domain for quite some time now, both on the client side with the Mayo Foundation and on the vendor side with CSC. Not only does he have the depth of domain knowledge and experience in marketing, sales and technology, he has a clear sense of where the industry is headed and where Landacorp needs to be going to ensure our continued growth and development as a major player in medical management. We're delighted to have him on board." Mr. Mosier holds a B.S. in Business Administration from Marquette University Marquette University at Milwaukee, Wis.; Jesuit; coeducational; chartered 1864, opened 1881. The school achieved university status in 1907. Among its graduate programs are those in business, engineering, and law. with a specialization in Information Systems and Decision Support Systems. Landacorp and e-medical management Landacorp offers healthcare payers and delivery organizations Internet- and Windows(R)-based medical management software and services that help control the cost and improve the quality of healthcare delivery. Landacorp's solutions--Maxsys II(TM) for healthcare delivery organizations, and maxMC(TM) and e-maxMC(TM) for managed care organizations--automate and streamline administrative and business processes, minimize inefficient paper-, fax-, and phone-based communications, and facilitate interaction among various healthcare participants. The company's products are implemented at more than 170 client sites and include applications for case and 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. , disease management, care management, risk and quality management, clinical guidelines, and credentialing. Through its recently acquired iHealthMedia(SM) division, Landacorp also provides interactive media strategies, and Internet and extranet site development to help payers and providers better connect with their stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. . Landacorp's corporate headquarters and sales and marketing offices are located in Atlanta, GA. Research and development and client services operations are located in Chico, CA. iHealthMedia is located in Portland, OR. Additional sales and service offices are located across the country. This release contains information about future expectations, plans and prospects of Landacorp's management that constitute forward-looking statements for purposes of the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions under The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, Landacorp's dependence on a limited number of products with limited market acceptance and other factors that are discussed in the Company's Registration Statement on Form S-1 and other documents periodically filed with the SEC. Browse the Landacorp website at http://www.landacorp.com Landacorp, iHealthMedia.com, Maxsys II, maxMC, and e-maxMC and their associated logos are trademarks, registered trademarks, or service marks of Landacorp, Inc. Windows is a registered trademark of Microsft Corporation |
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