TITLE

Rescue for an HMO

AUTHOR(S)
Pallarito, Karen
PUB. DATE
April 1997
SOURCE
Modern Healthcare;04/21/97, Vol. 27 Issue 16, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Presents information on the financial bailout of First Option Health Plan based in Red Bank, New Jersey, by Foundation Health Systems (FHS) of Woodland Hills, California. Details of the bailout approved by First Option; Views from observers about the bailout; Amount FHS will control when the debt is converted to equity; Comments made by Dennis Wilson, First Option's vice president of sales and marketing. INSET: First Option Health Plan..
ACCESSION #
9705071549

Tags: FIRST Option Health Plan (Company);  FOUNDATION Health Systems Inc.

 

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