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PHP HEALTHCARE SIGNS LETTER OF INTENT WITH BETHLEHEM STEEL

 PHP HEALTHCARE SIGNS LETTER OF INTENT WITH BETHLEHEM STEEL
 ALEXANDRIA, Va., Nov. 5 /PRNewswire/ -- PHP Healthcare Corporation (NYSE: PPH) announced that a letter of intent had been entered into between Bethlehem Steel Corporation (NYSE: BS) and PHP Healthcare. The objective of the agreement is to establish a health center to be designed, built and operated by PHP Healthcare to serve Bethlehem beneficiaries.
 The establishment of the health center is the result of a cooperative effort between Bethlehem Steel Corporation and United Steelworkers of America Locals 2598, 2599, 2600 and 9203. The center is designed to provide comprehensive, high quality health care service and, at the same time, control spiraling health care costs.
 Scheduled to open in 1993, the center will serve active and retired hourly and salaried employees and dependents of the Bethlehem plant and corporate offices in the Lehigh Valley. Services will include a family medical practice staffed by certified family practice physicians, a pharmacy service, laboratory and diagnostic testing services and X-ray facilities. The center's physicians will be supported by experienced registered and licensed practical nurses and by registered pharmacists.
 Union and company officials pointed out that, like other companies, Bethlehem has been faced with continuing escalation of health care costs, despite a wide range of initiatives meant to control costs.
 A joint statement by the company and union said, "The Family Health Center is a decisive effort to control the tremendous growth in health care costs as a part of our continuing efforts to provide our employees, retirees and dependents with a high standard of quality care and affordable medical services."
 Bethlehem Steel said it spends approximately $26 million annually for health care in the Lehigh Valley. When in full operation, the new health center could save the company as much as $1 million annually in addition to providing savings to employees.
 Use of the health center by employees, retirees and dependents will be voluntary. A joint Union-Management Committee will be monitoring the Family Health Center operation and, if the Family Health Center proves successful here, similar and modified services may be provided at other Bethlehem operating locations.
 /delval/
 -0- 11/5/92
 /CONTACT: Charles H. Robbins, chairman and president, or Anthony M. Picini, vice president, finance, both of PHP Healthcare Corporation, 703-998-7808/
 (PPH BS) CO: PHP Healthcare Corporation; Bethlehem Steel Corporation ST: Virginia, Pennsylvania IN: HEA MNG SU:


IH -- DC001 -- 2831 11/05/92 08:24 EST
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Publication:PR Newswire
Date:Nov 5, 1992
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