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PHARMACY MANAGEMENT SERVICES REPORTS ADDITION OF NEW CLIENTS

 PHARMACY MANAGEMENT SERVICES REPORTS ADDITION OF NEW CLIENTS
 TAMPA, Fla., April 29 /PRNewswire/ -- Pharmacy Management Services, Inc. (NASDAQ: PMSV), announced today that the company and its wholly owned subsidiary, MedView Services, Inc. ("MSI"), have entered into agreements to provide or expand workers' compensation PPO and utilization review services in one or more states for the following clients:
 -- Fortis
 -- American International Healthcare
 -- Federated Insurance
 -- Chubb & Sons, Inc.
 -- Total Program Administrators
 -- Venture Stores, Inc.
 -- Administrative Services Trust
 -- Ameritech Services
 -- Nationwide Insurance
 -- American Country Insurance
 -- Venture Stores, Inc.
 -- Cigna
 The company believes that upon implementation of these new accounts, revenues should increase by approximately $600,000 annually.
 MSI is a subsidiary of PMSV and provides comprehensive workers' compensation PPO networks, specialized fee-schedule auditing, utilization review services, PIP PPO services, out-patient review services and professional review services.
 Pharmacy Management Services, Inc. (PMSV), is the holding company for seven other subsidiaries including:
 -- Prescription Management Services, Inc. (PMSI) (the original core business), providing services to control the dispensing of medical products to the long-term, high-cost workers' compensation claimant.
 -- Prescription Processing Services, Inc. (PPS), providing workers' compensation payors with a retail prescription drug PPO network.
 -- CompAmerica Services, Inc. (CSI), formed as a national service center to provide software-based cost containment services, including First Notice of Injury reporting and bill auditing.
 -- Resource Opportunities, Inc. (ROI), and Nancy Sapp & Associates, Inc. (NSA), providing medical case management and vocational counseling.
 -- Insurance Software Packages, Inc. (ISP), providing micro- computer-based medical cost containment software and services.
 -- Technical Medical Devices, Inc. (TMD), providing electro-medical products to the physical therapy clinic marketplace.
 -0- 4/29/92
 /CONTACT: Robert Jones or Joann Horne of Morgen-Walke Associates, 212-986-5900, for PMSV/
 (PMSV) CO: Pharmacy Management Services, Inc.; MedView Services, Inc. ST: Florida IN: MTC SU:


GK-TS -- NY014 -- 4226 04/29/92 09:42 EDT
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Publication:PR Newswire
Date:Apr 29, 1992
Words:297
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