Prime Health Services, Inc. Announces Acquisition of CoreChoice

Prime Health Acquires Majority Interest in CoreChoice, a “Specialty Network” for Radiology

NASHVILLE, Tenn.--()--Prime Health Services, one of the nation’s largest workers’ compensation, group health, Medicare PFFS, inmate corrections, and first party auto liability PPO networks, is pleased to announce it has acquired majority interest in CoreChoice, a specialty network for Radiology. CoreChoice is contracted with radiology related medical providers and facilities for the Group Health, Workers’ Compensation, and Auto markets.

Brian Sharp, CEO of Prime Health, said yesterday, “This acquisition greatly enhances Prime’s radiology coverage for all of our product lines. CoreChoice has done an excellent job contracting radiology facilities under a new business model which is preferred by both the facility and the client. Our clients are thrilled to have the industry’s deepest discounts in radiology without having to use the #800 number models which have proven to be so ineffective.” Sharp further stated, “Prime continues to enhance its place in the PPO market with this acquisition.”

Prime Health and CoreChoice have worked closely together since 2009, and thus have integrated EDI connections as well as work flows. Steven Gass, CEO of CoreChoice, stated, “We believe being a part of the Prime Health Services product offering will greatly enhance CoreChoice in the market place. The relationship allows CoreChoice access to the nation’s top payers, which will create a positive position for both companies.”

Steven Gass will continue to serve as CEO of CoreChoice, which will be sold and marketed as a payer-neutral standalone radiology specialty network. The CoreChoice home office is located in New York, NY.

About Prime Health

Founded in 1996 and based in Brentwood, TN, Prime Health Services (Prime Health) is a cost containment company that offers a full spectrum of services, including a Preferred Provider Organization (PPO) ready for access with customizable solutions, as well as repricing offerings. Prime Health’s PPOs include Workers’ Compensation, Group Health, Inmate Corrections, and Auto Liability networks. Prime Health has over 700,000 providers and facilities nationwide forming the Prime Health National Delivery System. Prime Health offers our National Delivery System to the TPA, insurance carrier, and self-insured markets. More Information is available at www.primehealthservices.com or by calling 1-866-348-3887.

About CoreChoice

Founded in 2009 and based in Long Island, NY, CoreChoice is the nation’s first Super Specialty Network for radiology. CoreChoice combines the talents and expertise of medical, technology, and insurance industry professionals to provide a new level of radiology network service. The CoreChoice philosophy is to provide the largest radiology specialty network in the United States with fair and equitable pricing as well as a prompt pay mechanism for their participating network facilities. At CoreChoice, the believe is that patients should have free choice to be treated at the facility of their choice and with a network in excess of 6,000 radiology facilities in all 50 states, the District of Columbia, and Puerto Rico. www.corechoice.net

Contacts

Prime Health Services
Brian Sharp, 866-348-3887
President/CEO
brian.sharp@primehealthservices.com
or
Bethany T. Sharp, 866-348-3887
Executive Vice President
bethany.sharp@primehealthservices.com
or
CoreChoice
Steven Gass, 516-234-5215
CEO
Steven.gass@corechoice.net

Release Summary

Prime Health Services, one of the nation’s largest PPO networks, is pleased to announce it has acquired majority interest in CoreChoice, a specialty network for Radiology.

Contacts

Prime Health Services
Brian Sharp, 866-348-3887
President/CEO
brian.sharp@primehealthservices.com
or
Bethany T. Sharp, 866-348-3887
Executive Vice President
bethany.sharp@primehealthservices.com
or
CoreChoice
Steven Gass, 516-234-5215
CEO
Steven.gass@corechoice.net