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Company Interview Excerpt
EDWARD WRISTEN - FIRST HEALTH GROUP CORPORATION (FHCC)


Full article published: 06/03/2002


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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

 

For more information call (212) 952 7433. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.