ALFRED LEWIS NAMED CHAIRMAN OF PEER REVIEW ANALYSIS, INC.
BOSTON, Dec. 31 /PRNewswire/ -- Peer Review Analysis, Inc. (NASDAQ-NMS: PRAI) today announced that Alfred Lewis, 38, president and chief executive officer has been elected chairman of the board of directors replacing Barry Manuel, M.D. who has served as chairman since the company was incorporated in 1984. Dr. Manuel said that he intends to remain an active member of the board and board committees. The board of director's reluctant acceptance of Manuel's resignation reflects an appreciation for the quality of his leadership. Manuel stated that his decision to resign was prompted by his opinion that the continuing operation of the corporation including the proposed merger with CORE Management, Inc. would require a significant time and travel commitment by the chairman, and that such a time commitment could better be handled by Lewis. Lewis expressed gratitude for both Manuel's ongoing contribution to the company as well as appreciation for the Director's confidence in him to demonstrate effective leadership in a period of growth and significant change. Lewis holds undergraduate and graduate degrees from Harvard, and spent eight years as a healthcare and service quality specialist at Bain & Company, an international management consulting firm. Lewis has written extensively on managed health care including a recent article "Utilization Review Following Healthcare Reform" in the "Journal of the American Association of Preferred Provider Organizations" as well as "Psychiatric Hospitalization and Managed Care: Areas of Recurring Conflict" in the "Journal of Employee Benefits." Peer Review Analysis, Inc. is a provider of physician-intensive, specialty-matched health care utilization management services. PRA clients include Aetna, Travelers, Champion International, PepsiCo, and 15 Blue Cross plans. -0- 12/31/93 /CONTACT: Russell Robbins, vice president corporate relations of Peer Review Analysis, 617-375-7700/ (PRAI)
CO: Peer Review Analysis, Inc.; CORE Management, Inc. ST: Massachusetts IN: HEA SU: PER
JL-DD -- NE001 -- 8343 12/31/93 17:20 EST
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|Date:||Dec 31, 1993|
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