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Biotech / Medical : Oxford Health Plan (OXHP) -- Ignore unavailable to you. Want to Upgrade?

To: Worswick who wrote (898)	2/5/1998 6:21:00 PM
From: Thomas Haegin	Read Replies (1) \| Respond to of 2068

Worswick, at the risk of sounding like a broken record, I'm still of the strong conviction that the thing with OXHP is all about badly managing a very good business plan. It's not like having good management trying to cope an adverse current business environment (like for example Western Digital right now). Health care is still manageable as the recent AET announcement showed. I wish they had a good management team at OXHP, so far only a dream <g>. Thomas

To: Worswick who wrote (898)	2/6/1998 11:20:00 PM
From: Tom Hua	Respond to of 2068

Now, we have the medical association with 5,000 members bringing the complaint of one doctor forward and putting in a claim for $140 million. Worswick, it's not a complaint by one doctor(see excerpts from the press release below). It helps to carefully read and review public information. Obvious erroneous statement doesn't reflect well on any poster. Please consider this just friendly advice. Regards, Tom biz.yahoo.com NEW YORK, Feb 3 (Reuters) - A group of New York physicians on Tuesday alleged that since last October, Oxford Health Plans Inc (OXHP - news) has pursued a policy of ignoring doctors' bills that exceed $1,000. ''In October a certain pattern began to emerge: Claims were approved for payment if they were under $1000, but those over $1,000 are not getting approved,'' said Dr. Gary Gatza, executive director of the New York County Medical Society. Gatza told Reuters that Oxford, a Connecticut-based health maintenance organization, owes members of his Manhattan doctors' group an estimated $140 million in unpaid fees. ''It has become transparent that as a matter of policy Oxford has put a 'stop' on bills over $1,000,'' he said. Gatza was interviewed at a press conference organized by his group to announce two arbitration proceedings against Oxford for nonpayment of bills.