Managed care strives to recover from '97 struggles

Article Abstract:

Managed care had several problems during 1997 including declining profits and the public's negative perceptions. The huge enrollments of the early 1990s in the managed care system caused management difficulties. Managed care companies must decrease costs while improving care. Power for consumers will increase with the development of a consumer bill of rights completed in late 1997.

Forecasts and trends, Health care industry, Managed care plans (Medical care)

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Physicians sell HMO to N.J. Blues: small doctor-owned plan couldn't compete

Article Abstract:

Physician Healthcare Plan of New Jersey owners were forced to sell the company to a competitor due to strong competition. Blue Cross Blue Shield of New Jersey acquired Physician Healthcare for an undisclosed sum. Physician Healthcare officials cited differences in size, finances, resources and systems as factors in the decision to sell to NJ Blues.

Mergers, acquisitions and divestments

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