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FOUNDATION HEALTH WORKERS' COMP TPA WINS PACIFIC BELL PACT

 RANCHO CORDOVA, Calif., Sept. 8 /PRNewswire/ -- Foundation Health Corp. (NYSE: FH) Tuesday announced that its subsidiary, Associated Claims Management Inc. (ACMI), was awarded a contract to provide administrative and managed care services for Pacific Bell's self-insured workers' compensation program which covers approximately 50,000 employees throughout California.
 Under the contract, ACMI will provide claims processing, managed care and other administrative services relating to workers' compensation. The value of the three-year contract was not disclosed, but it is one of the largest contracts of its type in California. ACMI is a third-part administrator (TPA) specializing in workers' compensation.
 "This illustrates how Foundation Health has positioned itself to provide managed care and administrative services to its customers," said Foundation Health President and Chief Executive Officer Daniel D. Crowley. "Over the past three years, our strategy has been to develop a broad spectrum of integrated managed care products to serve large and small, private and government accounts on an insured or self-insured basis. We believe this contract is an example of how our strategy can lead to new opportunities."
 Foundation Health Corp. is a leading provider of managed health care services for industry and government, providing a variety of services through its subsidiaries to approximately 3.4 million eligible individuals. The company's medical HMO subsidiary provides coverage to employer groups and individuals in California; its government contracting subsidiary administers managed care programs for the Civilian Health and Medical Program of the Uniformed Services (CHAMPUS) and Medicaid; and its specialized managed care subsidiaries offer dental, vision, behavioral health, workers' compensation, pharmaceutical and ancillary products and services.
 -0- 9/8/93
 /CONTACT: Jeffrey L. Elder, senior vice president and chief financial officer, 916-631-5381, or Kurt D. Davis, director of investor relations, 916-631-5288, both of Foundation Health/
 (FH)


CO: Foundation Health Corp.; Associated Claims Management Inc.;
 Pacific Bell ST: California IN: HEA SU: CON


SG-MC -- SF010 -- 9841 09/08/93 13:01 EDT
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Publication:PR Newswire
Date:Sep 8, 1993
Words:317
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