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St. Thomas and Clarksville Regional both Sign Contracts to Outsource Business Office Operations to UICI's IPN Network; Agreements Mark IPN's Expansion In Tennessee.

NASHVILLE, Tenn.--(BW HealthWire)--Oct. 13, 1997--IPN Network (Nasdaq: UICI), one of the nation's leading providers of health care patient financial management services, signed contracts this week to manage the business offices of Saint Thomas Hospital and Clarksville Regional Health System.

Under the five-year agreements, IPN assumes management of all business office operations and affiliated services for the two facilities. The agreements include management of approximately 120 Saint Thomas business office employees and 42 Clarksville business office employees.

"This agreement is an exciting step within a much broader strategy of working with IPN in the future," said Terry Collins, vice president of finance at Saint Thomas Health Services. "Over time, this affiliation will yield benefits for our patients and health care providers throughout the region."

"We were looking for a full service company with a proven track record to operate our business office more efficiently," said Gary Lewins, vice president of finance at Clarksville. "In addition, the IPN contract will enable us to ultimately develop a Shared Service Organization (SSO) which will serve a much larger area with the potential to simplify the billing process for our patients."

"We are excited about expanding our services in the Tennessee market. We can help both Saint Thomas and Clarksville Regional streamline operations, resulting in better service for patients and ultimately reducing operating costs," according to Terry Armstrong, IPN's COO. "IPN actually guarantees improved performance and savings over the course of the contract.

Both agreements will enhance the effectiveness of the business office processes, thereby reducing paperwork and allowing more efficient operations. Services to be provided include hospital registration and admitting, billing, contracts administration and collections. Physician and home health business services may be added in the future.

Headquartered in Nashville, IPN Network's core business is managing health care providers' patient financial services. In combination with IPN's other health care management divisions (Healthcare Automation, Inc.; CompOne, Ltd; and Healthcare Receivables Network)), the company has more than 600 clients in 45 states. These hospitals, physicians, and home health providers receive state-of-the-art receivables management systems and services from IPN which improve business office management and achieve efficiencies of operation resulting in immediate reductions in operating costs.

Based in Clarksville, Tenn., Clarksville Regional Health System oversees operations of Clarksville Memorial Hospital, Home Care and Behavioral Health Services. In Dover, Tenn., the system controls a family practice clinic, rehabilitation and home care office. CRHS currently services a regional population of 140,000.

St. Thomas Health Services, a member of the Daughters of Charity National Health System, is anchored by Saint Thomas Hospital, a not-for-profit hospital established in Nashville in 1898. It offers a wide range of primary care and specialty care services throughout Middle Tennessee and Southern Kentucky and has one of the nation's top five programs in cardiovascular care.

IPN (http://www.ipn.com) is one of the Irving, Texas-based UICI Companies (NASDAQ:UICI). Through the creation of local alliances to establish community-based Shared Service Organizations (SSOs), IPN is enabling integration without acquisition in health care markets across the United States and achieving its mission of enabling quality health care through optimal cash management.

CONTACT: Katcher Vaughn & Bailey, Nashville

Aileen Katcher, 615/248-8202
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Publication:Business Wire
Date:Oct 13, 1997
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