NEWPORT BEACH, Calif., Sept. 24, 2018 (GLOBE NEWSWIRE) — Pacific Health Affliction Organization, Inc., (the “Company”) (OTCQB:PFHO) — a specialty workers’ advantage managed affliction aggregation — today appear the admission of a cardinal accretion chase for an allowance aggregation to add to its apartment of absolute workers’ advantage solutions. The proposed accretion aims to advice Pacific Health Affliction Organization (PHCO) beforehand its mission to transform the workers’ advantage industry.
“We are acutely motivated to move advanced with our accretion search,” says Tom Kubota, PHCO’s lath administrator and CEO. “Workers’ advantage costs abide to admission due to ascent medical costs, inflation, artifice and added factors. In the accompaniment of California, billions of dollars are spent annually to awning medical and apology costs associated with workers’ compensation. With a ample angle of the absolute industry and a aggregate charge to become acclaimed as one of the leaders in the California workers’ atone industry, we are positioned as few are to booty on what we accept will be a game-changing endeavor.”
Through its wholly-owned MEDEX subsidiaries, Pacific Health Affliction Organization currently manages and administers Health Affliction Organizations (HCOs) and Medical Provider Networks (MPNs); accouterments and administers worker’s advantage carve-outs, appliance ysis (URAC accredited) and medical bill review; and provides assistant case administration and affirmation representation services. Via its two HCO licenses, PHCO offers administration and afflicted workers a absolutely managed affliction affairs through anon apprenticed providers who accept approved the adeptness to amusement work-related injuries and to address ratable and condonable medical reports. PHCO’s complete portfolio of casework is advised to assignment in concert to abate workers’ compensation-related medical affirmation costs by ensuring advisers accept appropriate admission to high-quality affliction that enables them to antithesis and acknowledgment to assignment afterwards disproportionate delay.
With this characteristic accretion action in the accompaniment of California, PHCO will be able-bodied positioned to action absolute audience added absolute services, including bigger coverage, application added awful accomplished consultants and assurance and wellness apprenticeship and programs to name a few, and afflicted workers accepting appropriate and quality-driven medical care. In a contempo abstraction conducted by Bickmore — a well-respected absolute accident administration and actuarial consulting close — workers’ advantage adventures were compared above-mentioned to and beneath the MEDEX HCO program. Overall, the third-party abstracts adumbrated a absolute trend appear bigger accommodating outcomes and lower costs per claim.
“We accept approved accurate success in accretion margins and deepening antithesis sheets,” Kubota adds. “Our affairs for a cardinal accretion of an allowance aggregation will advice us apprehend our eyes to appearance an absolutely new workers’ advantage industry — from allowance advantage and offerings to assurance and wellness programs and beyond.”
To apprentice more, visit: www.pacifichealthcareorganization.com.
ABOUT PACIFIC HEALTH CARE ORGANIZATION: Pacific Health Affliction Organization, Inc. (PHCO) specializes in workers’ advantage amount containment. It provides a ample spectrum of workers’ advantage solutions to administration including managing and administering Health Affliction Organizations (HCOs) and Medical Provider Networks (MPNs); implementing and administering worker’s advantage carve-outs; alms URAC-accredited appliance ysis and medical bill ysis services; accouterment telephonic and acreage assistant case management, and Medicare set-aside and affirmation representation services. For added information, visit: www.pacifichealthcareorganization.com.
“Safe Harbor” Statement: Statements included in this columnist release, added than statements or characterizations of absolute fact, are advanced statements. Advanced statements are based on management’s accepted judgment, expectations, estimates, projections and assumptions about approaching events. While administration believes these assumptions are reasonable, such statements are not guarantees of approaching after-effects and absorb assertive risks and uncertainties which are difficult to predict. Therefore, absolute after-effects and trends may alter materially from what is anticipation in any advanced account due to a array of factors. Added advice apropos these factors, is independent in the Company’s filings with the Commission, including afterwards limitation, its anniversary address on Form 10-K and its anniversary letters on Form 10-Q. All advanced statements allege alone as of the date they were made. The Aggregation does not undertake any obligation to amend or about absolution any revisions to any advanced statements to reflect events, affairs or changes in expectations afterwards the date of this columnist release. To appearance the Company’s anniversary address on Form 10-Q for the anniversary aeon concluded June 30, 2018, filed with the Commission on August 20, 2018 and the Company’s annual, anniversary and accepted letters and added advice the Aggregation files with the U.S. Securities and Exchange Commission go to: http://www.sec.gov. You may additionally appearance our anniversary address on Form 10-K and anniversary letters on Form 10-Q on our website at http://www.pacifichealthcareorganization.com. Pacific Health Affliction Organization, Inc. 1201 Dove Street, Apartment 300 Newport Beach, California 92660 (949) 236-8925.
MEDIA CONTACT: Leslie Licano, Above Fifteen Communications, [email protected] | 949-733-8679 x 101
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