ChiroNet signs multi-year agreement with Regence BlueCross BlueShield of Oregon

Business Wire, June 5, 1997

PORTLAND, Ore.--(BW HealthWire)--June 5, 1997--ChiroNet, Inc., signed a multi-year agreement with Regence BlueCross BlueShield of Oregon to continue to provide chiropractic health care services to Regence BCBSO enrollees. The agreement carries the successful ChiroNet/RegenceBCBSO relationship through the year 2000.

Richard D. Brinkley, President and CEO of ChiroNet, and James E. Connolly, Assistant Vice President of Provider Contracting, spent several months working out the details of the agreement. "Jim Connolly and I spent considerable time building on our successful relationship in order to arrive at an agreement that is good for not only our respective organizations, but also and more importantly, Regence Blue Cross Blue Shield of Oregon enrollees," commented Richard Brinkley.

James Connolly said, "ChiroNet has performed well since we began offering a managed care product in 1992, and this new long term agreement assures greater predictability for our managed chiropractic care product."

ChiroNet, Inc., a provider sponsored network, with headquarters in Portland, Oregon, is a provider of quality chiropractic services throughout the Northwest. ChiroNet serves approximately 600,000 members and employees in HMO, PPO, and MCO health care plans. ChiroNet is a community chiropractic plan dedicated to offering its patients and members value, choice, and quality health care services.

CONTACT: ChiroNet, Inc.

Pamella Marchand

503/203-8333, fax:503/203-8522

email: chironet@chiro-net.com

http://www.chiro-net.com/chironet