Printer Friendly

PHYSICIAN COMPUTER NETWORK ISSUES STATEMENT ON STOCK ACTIVITY

 PHYSICIAN COMPUTER NETWORK ISSUES STATEMENT ON STOCK ACTIVITY
 LAURENCE HARBOR, N.J., June 17 /PRNewswire/ -- In response to financial community inquiries regarding the recent falloff in share price of Physician Computer Network, Inc. (PCN) (NASDAQ: PCNI), Jerry Brager, chairman and chief executive officer, said that he knew of no fundamental reason for such activity and that, as announced at the company's annual meeting in May, PCN is moving ahead as scheduled with its business plan, including negotiations with several parties for additional lease financing.
 PCN is the first company to create a national, interactive, two-way and verifiable computer link between office-based physicians and the health care/pharmaceutical industries. PCN provides both physicians and health care organizations a cost-effective means of information exchange which increases practice administration and productivity. The PCN Network also enables its physician members to electronically transmit medical insurance claims to Medicare and certain Blue Cross/Blue Shield providers.
 -0- 6/17/92
 /CONTACT: John de Elorza of Physician Computer Network, 908-290-7711, or Kathy B. Liebmann of Gavin Anderson & Co., 212-921-1060, for Physician Computer Network/
 (PCNI) CO: Physician Computer Network Inc. ST: New Jersey IN: HEA SU:


TS -- NY026 -- 0994 06/17/92 10:17 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 17, 1992
Words:198
Previous Article:R.J. REYNOLDS TOBACCO INTERNATIONAL HOLDS GROUNDBREAKING CEREMONIES FOR NEW $50 MILLION MANUFACTURING FACILITY
Next Article:EXXON COMMENTS FOLLOWING MRS. RESO'S STATEMENT OF JUNE 16
Topics:


Related Articles
PHYSICIAN COMPUTER NETWORK COMMENCES INITIAL PUBLIC OFFERING
CONVEX MAKES STATEMENT REGARDING UNUSUAL MARKET ACTIVITY
PHYSICIAN COMPUTER NETWORK APPOINTS MORTELL SENIOR VICE PRESIDENT
PHYSICIAN COMPUTER NETWORK REPORTS SECOND-QUARTER RESULTS
HEALTH QUALITY MANAGEMENT MAKES INITIAL PUBLIC OFFERING OF STOCK THROUGH GARCIA FINANCIAL GROUP
PHYSICIAN COMPUTER NETWORK, INC. FILES REGISTRATION STATEMENT FOR PUBLIC OFFERING OF COMMON STOCK
Physician Computer Network, Inc. And Wismer-Martin, Inc. Complete Acquisition Transaction
Medic Computer Systems Announces Third Quarter Earnings
Medic Computer Systems Announces Fourth Quarter Earnings
Medical Manager Corporation Acquires Four Dealerships With Combined Annual Revenue of $13.1 Million

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters