Premier Healthcare Exchange, Inc. and Patriot Managed Care Solutions, Inc. Form Strategic Partnership to Provide Streamlined Cost Containment Services.

SUMMIT, N.J. & HOUSTON -- Premier Healthcare Exchange, Inc. (PHX) (www.phx-online.com) and Patriot Managed Care Solutions, Inc. (Patriot) (www.patriotmcs.com) announced a strategic partnership that provides Patriot clients access to the "Single Source Solution" offered through PHX.

Patriot, a full-service Application Service Provider (ASP), has developed an electronic interface that enables clients to transmit claim data directly to PHX through a single extract. PHX, through its Out-of-Network Fee Negotiation service, re-prices the claim data utilizing its proprietary software and trained staff members. The Patriot system then re-imports the claim data and automatically adjusts and updates the appropriate claim records. In addition, Patriot clients will now have access to the following integrated cost control services:

--Bill Review and Audit

--Medical Management

--Pharmacy Benefit Administration

--Comprehensive Claim Editing

"Patriot clients benefit tremendously from the multiple arrays of services that PHX provides," said Joseph Antonucci, Executive Vice President of Patriot. "We are very excited about working with PHX to immediately achieve enhanced savings for our clients. Through this seamless, no-cost approach, our clients will eliminate multiple outsourcing and reduce administrative burden."

"We are pleased to have formed this partnership with Patriot Managed Care Solutions," said Michael P. Shine, President of PHX, "and we are confident the relationship can add value for Patriot clients by implementing the jointly developed EDI connectivity. PHX has diligently worked for the benefit our clients to find the most cost-effective tools in the industry. If a Payor incorporates a full scale cost containment program, it must be technologically savvy for the results to be substantial. The PHX Single Source Solution is now available to our business partner, Patriot Managed Care Solutions, Inc. -specifically Patriot's clients. PHX is proud to be a partner with Patriot in the healthcare industry as we share the same vision--utilizing our respective tools and skill sets for the benefit of our customers and at the same time delivering what we promise. We are consistently upgrading our technology to make our services the most cost efficient and multifaceted in the industry. Our Single Source Solution is a seamless product that reduces claim costs on a multitude of fronts."

About PHX

Premier Healthcare Exchange, Inc. (PHX) has become a significant leader in providing cost control strategies to the healthcare industry. PHX prides itself with the "one point of contact" approach, which offers a single source solution to the marketplace. Our portfolio of products includes In and Out-of-Network Fee Negotiations, Bill Review and Audit services, and Medical Management services such as Disease Management and Predictive Modeling. In addition, PHX offers Pharmacy Benefit Administration services to payors of any size from carriers to administrators. Today, PHX is recognized as the partner of choice for cost containment and healthcare services nationwide. With Marketing offices in Summit, New Jersey; Philadelphia, Pennsylvania; and Scottsdale, Arizona, PHX is at the forefront of technology, integrating solutions and offering a unique approach to deliver customized services. To learn more about PHX, please visit www.phx-online.com.

About Patriot

Patriot Managed Care Solutions provides ASP model managed care, TPA and hospital software solutions, in addition to related back-office administrative services. Patriot has a high quality management tool for any size managed care organization and the expertise to truly partner to meet the business needs of those organizations. Patriot also has a first rate team of developers and is constantly improving its product, and always fulfills installation and support promises. The product and the support enable substantial value creation from the association with the Patriot product and its people. Patriot is a portfolio company of Eaglestone Investment Partners I, L.P., with offices in the Los Angeles and Boston areas. Patriot headquarters are located at 1800 Augusta Drive, Suite 220, Houston, Texas 7057. To learn more about Patriot, please visit www.patriotmcs.com.