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TWST: Could we begin with a brief historical sketch of the company and a
picture of what you're doing at the present time? Mr. Wristen: First Health is a national managed care company. We
emphasize the availability of the First Health PPO network to many
different types of healthcare payors. We sell into five discrete
segments for the PPO ' large workers' compensation insurance companies,
federal employee plans, large corporate health benefit plans, insurance
companies, Third Party Administrators (TPAs) ' all of which we provide a
variety of managed care services to, but all of which fundamentally
offer the First Health PPO network. TWST: Is there any company that competes with you across this range of
services? Mr. Wristen: Each one of those segments has different competitive
factors and different kinds of competitors. There is not a common
competitor across each segment. One of the fortunate things about the
business model we've developed is that the competitors are different
from segment to segment.
Tickers included in this excerpt: FHCC
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