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QUAL-MED ACQUIRES PCA SACRAMENTO HMO

 QUAL-MED ACQUIRES PCA SACRAMENTO HMO
 PUEBLO, Colo., April 1 /PRNewswire/ -- Qual-Med Inc. (NASDAQ: QLMD)


has completed its previously announced acquisition of PCA Health Plans Inc. (the "PCA Sacramento HMO") from Physician Corporation of America.
 The PCA Sacramento HMO is a health maintenance organization operating in the Sacramento, Calif., area with approximately 26,000 members as of March 31, 1992.
 Qual-Med owns HMOs operating in the six Western states of California, Colorado, Idaho, New Mexico, Oregon and Washington. Qual- Med also owns a preferred provider organization operating in California. Qual-Med reported approximately $283,437,000 in revenue with a net income of approximately $18,140,000 for the year ended Dec. 31, 1991. Qual-Med had approximately 222,000 HMO members as of Dec. 31, 1991.
 "The acquisition of PCA Sacramento HMO, together with the recent acquisition of Preferred Health Network, will provide a wider geographic access for Qual-Med California's statewide and national accounts," said Dr. Malik Hasan, Qual-Med's chairman and chief executive officer.
 -0- 4/1/92
 /CONTACT: E. Keith Hovland, executive vice president-finance and administration and treasurer of Qual-Med, 719-542-0500/
 (QLMD) CO: Qual-Med Inc.; PCA Health Plans Inc.; Physician Corporation
 of America ST: California, Colorado IN: HEA SU: TNM


DM-JL -- LA005 -- 3726 04/01/92 08:31 EST
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Publication:PR Newswire
Date:Apr 1, 1992
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