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PHP ANNUAL MEETING FOCUSES ON PRIMARY CARE INITIATIVES

 ALEXANDRIA, Va., Oct. 29 /PRNewswire/ -- The twin themes of cost containment and access to quality health care sounded throughout the annual meeting of PHP Healthcare Corporation (NYSE: PPH) yesterday, sustaining a corporate vision and change in business strategy that cost the 17-year-old company its first losses at the end of fiscal 1993.
 "PHP Healthcare is prepared to address one of the most pressing needs in health care today, access to primary care at an affordable price," President and CEO Charles H. Robbins told stockholders.
 For the past seven years, PHP has grown steadily by delivering high quality primary health care to public sector civilian and military beneficiaries across the country. Two years ago, the company entered the private sector market with primary health care delivery systems with Fortune 500 corporations GTE and Bethlehem Steel and plant site services for Chrysler Corporation.
 "Patient visits at the primary care centers we operate for GTE and Bethlehem Steel are running about double our expectations," Robbins asserted during the meeting. "In addition, the low rate of referrals to specialists and other facilities proves the effectiveness of primary care medicine when it is practiced in a quality setting with a full complement of support services."
 With an eye to the Clinton administration's health care reform bill delivered to Congress this week, PHP is focusing on three major market areas in the private sector: (1) large corporations eager to control costs and preserve their options to participate or not in the proposed local health care alliances; (2) insurers seeking to transform themselves from underwriters to providers of care; and (3) business coalitions, especially in smaller communities that need to increase access to high quality care for employees. PHP has business discussions underway in all three segments.
 Business development, however, has come with a price and PHP announced a significant loss at the end of fiscal 1993 (75 cents per share) and the first quarter of fiscal 1994 (10 cents per share). To contain its own costs and maximize profits from all its business opportunities, the company underwent a major re-engineering of operations in August.
 "There has been dramatic improvement already," asserted Robbins. New Chief Operating Officer Jack Murphy noted that costs have been contained in most business lines and that more favorable contracts with suppliers, especially in pharmaceuticals, have been negotiated.
 In addition, Robbins concluded, "We are delighted to see that a common denominator running throughout the Clinton Health Plan is access to primary health care services. We firmly believe that the services we offer are the core of health reform for the nation."
 -0- 10/29/93
 /CONTACT: Charles H. Robbins, president and chairman, or Mary Lou Schropp, special assistant/corporate communications, of PHP Healthcare, 703-998-7808/
 (PPH)


CO: PHP Healthcare Corporation ST: Virginia IN: HEA SU:

MH-KD -- DC023 -- 8671 10/29/93 16:11 EDT
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Publication:PR Newswire
Date:Oct 29, 1993
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