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PHYSICIANS CLINICAL LABORATORY INC. SIGNS SERVICE AGREEMENT WITH FOUNDATION HEALTH PLAN

 SACRAMENTO, Calif., Jan. 12 /PRNewswire/ -- Physicians Clinical Laboratory Inc. (NASDAQ-NMS: PCLI) today announced that it has signed an exclusive service agreement with Foundation Health Plan for the San Joaquin County area.
 Under a two-year contract, the terms of which were undisclosed, the company will provide laboratory testing to more than 32,000 Foundation Health members through 500 physicians in the predominantly agricultural region that encompasses such cities as Stockton and Lodi. The new accord expands PCL's relationship with Foundation Health. Since 1986, the company has been the exclusive provider of laboratory testing to FHP members in the Sacramento area, the nation's largest managed-care market.
 "This current agreement is a logical extension of our ties with FHP, and builds upon our commitment to the cost containment and service levels demanded in a managed-care environment," stated company President and Chief Executive Nathan L. Headley. "Furthermore, it demonstrates our sales force's ability to generate growth in testing volumes -- an essential complement to our aggressive program of planned acquisitions."
 Physicians Clinical Laboratory Inc. is the third-largest provider of medical testing services in California. The company operates regional laboratories in Sacramento, Fresno and Los Angeles, which are augmented by 13 STAT laboratories and 110 patient service centers.
 -0- 1/12/94
 /CONTACT: Pete Raffetto of Physicians Clinical Laboratory, 916-325-2018; or Jerry Freisleben of Freisleben & Co., 818-986-5700/
 (PCLI)


CO: Physicians Clinical Laboratory Inc.; Foundation Health Plan ST: California IN: HEA SU: CON

JL-EH -- LA029 -- 1456 01/12/94 14:38 EST
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Publication:PR Newswire
Date:Jan 12, 1994
Words:245
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