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AMERICAN CLAIMS EVALUATION TERMINATES ACQUISITION NEGOTIATIONS

 JERICHO, N.Y., Oct. 4 /PRNewswire/ -- American Claims Evaluation, Inc. (NASDAQ: AMCE), announced that negotiations for the proposed acquisition of a privately-held Western State based disability management and rehabilitation services company have been terminated. The company had previously announced that it had entered into a preliminary letter of intent for this proposed acquisition on Aug. 25, 1993.
 American Claims Evaluation, Inc., is a health care cost containment services company in the business of verifying the accuracy of hospital bills throughout the United States submitted to its clients for payment; such clients include commercial health insurance companies, third-party administrators, health maintenance organizations and self-insured corporate clients. The company's services are designed to enable its clients to pay only for those medical services that were actually provided to the patient.
 -0- 10/4/93
 /CONTACT: Gary J. Knauer, chief financial officer of American Claims Evaluation, Inc., 516-938-8000/
 (AMCE)


CO: American Claims Evaluation ST: New York IN: HEA SU:

SM-MP -- NY096 -- 8507 10/04/93 16:15 EDT
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Publication:PR Newswire
Date:Oct 4, 1993
Words:165
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