Tuesday May 20 5:21 AM EDT
Company Press Release
CIGNA adds three additional states to HEARx contact
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--May 20, 1997--Paul A. Brown, M.D., chairman of HEARx Ltd.
(AMEX:EAR), announced today that CIGNA HealthCare has extended the HEARx contract to include CIGNA members
located in New Jersey, Pennsylvania and Delaware.
Dr. Brown was pleased with the continuing expansion of the relationship which began with a contract for Medicare members
in New York and was recently expanded to include members throughout the State of Florida. Dr. Brown stated that CIGNA
has recently received HCFA approval to begin marketing in New York and expects to begin servicing members in additional
states later this year.
HEARx, with the largest network of audio-vestibular rehabilitative centers in the $2 billion field of hearing services, operates
72 company-owned centers in Connecticut, Florida, New Jersey, New York, Pennsylvania, Oregon and Virginia. The
company provides hearing care primarily to patients whose health insurance and managed care organizations have contracted
with HEARx. |
