TRUMBULL, Conn., Jan. 30 /PRNewswire-FirstCall/ -- Oxford Health Plans,
Inc. (NYSE: OHP) today announced that it has signed a multi-year agreement
with the following Long Island hospitals: Brookhaven Memorial Hospital, Good
Samaritan Hospital, J. T. Mather Memorial Hospital, Mercy Medical Center, New
Island Hospital, St. Catherine of Siena Medical Center, St. Charles Hospital,
St. Francis Hospital, South Nassau Community Hospital, South Oaks Hospital and
Winthrop-University Hospital. The company did not disclose terms of the
agreement.
"Through our renewed relationship with these healthcare facilities, we
continue to provide our members on Long Island access to an important group of
hospitals," said Chuck Berg, president and chief operating officer of Oxford.
Founded in 1984, Oxford Health Plans, Inc. (http://www.oxfordhealth.com)
provides health plans to employers and individuals in New York, New Jersey and
Connecticut, through its direct sales force, independent insurance agents and
brokers. Oxford's services include traditional health maintenance
organizations (HMOs), point-of-service (POS) plans, preferred provider
organization (PPO) plans, third-party administration of employer-funded
benefits and Medicare plans.
Cautionary Statement Regarding Forward-Looking Statements
This press release may contain comments that are considered forward-
looking statements within the meaning of applicable federal securities laws
and are based upon Oxford's current expectations and assumptions, which are
subject to a number of risks and uncertainties, which could cause actual
results to materially differ from those anticipated. A discussion of those
risks and uncertainties is included in the discussion under "Business -
Cautionary Statement Regarding Forward-Looking Statements" in the Oxford
annual report on Form 10-K for the fiscal year ended December 31, 2000.
SOURCE Oxford Health Plans, Inc.
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Related links:
http://www.oxfordhealth.com
CONTACT:
Maria Gordon Shydlo of Oxford Health Plans,
Inc., +1-203-459-7674, or mshydlo@oxfordhealth.com
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