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UNITED AMERICAN HEALTHCARE CORPORATION ADDS PREFERRED PROVIDER DIVISION; UPDATES ON OTHER NEW BUSINESS

 DETROIT, Feb. 17 /PRNewswire/ -- United American Healthcare Corporation (NYSE: UAH) today said it has initiated a network of preferred provider organizations (PPOs) within four selected states. The PPO startup is operating as Excel PPO, a division of United American Healthcare. The company also said it has been in negotiations with and reached agreement on certain essential terms regarding a joint venture to provide turnkey development, consulting and contract management services with respect to Medicaid Managed Care Plans initially in New York City, and a potential acquisition of a risk management services company. It also said its previously announced Washington, D.C., joint venture with CapitalCare continues on schedule.
 "All of these business initiatives fit within our stated strategy of leveraging our managed care expertise at a national level," said Julius V. Combs, M.D. "Excel PPO has been formed to establish PPO networks in two states in the southeast as well as Michigan and Ohio. The company is currently negotiating medical service contract rates with existing HMOs. Among the services we expect to provide are central enrollment processing and billing.
 "We have previously indicated that we are actively pursuing additional business in line with the company's strategy. We can now be somewhat more specific regarding two of these projects as we have reached agreement on essential terms in each case. However, we must note that neither of these is a final agreement, and each is subject to approval by a number of parties, including regulatory bodies and boards of directors," Dr. Combs said. The company said one of these agreements will call for United American, along with a joint venture partner, to provide turnkey development, consulting and contract management services with respect to Medicaid Managed Care plans initially in New York City. United American said it expects the joint venture to be conducted through a new corporation in which UAH will provide financing and have a controlling equity position.
 United American also announced an agreement on certain essential terms to purchase an East Coast-based company that provides risk management services to businesses seeking to control employee health benefit plan costs. The purchase price of up to $15 million will consist of a nondisclosed blend of cash, stock and/or contingent debt in the form of an earnout. Performance incentives will be part of the agreement.
 United American Healthcare Corporation is a health care management company. UAH provides a full range of services to two health maintenance organizations -- OmniCare Health Plan in southeast Michigan and Personal Physician Care of Ohio, based in Cleveland. The company's strategy is to expand its expertise into avenues such as Third Party Administrator services as it has done with Bing Steel Inc. and Superb Manufacturing, Inc.
 -0- 2/17/93
 /CONTACT: Dr. Julius V. Combs, M.D., chairman and CEO, United American Healthcare Corporation, 313-393-0200; or Dixie Watterson or Kathy Mattson, 708-564-5610, Mark Perlgut, 212-580-4141, or Earle Brown, 813-796-1452, all of The Investor Relations Company, for United American Healthcare; or Joyce Davis-Adams of JDA Enterprises, 313-961-7835, for United American Healthcare/
 (UAH)


CO: United American Healthcare Corporation ST: Michigan IN: HEA SU: PDT JVN

SB -- DE007 -- 7191 02/17/93 09:47 EST
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Publication:PR Newswire
Date:Feb 17, 1993
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