Healthsource definition

Healthsource or the "Company") entered into an Agreement and Plan of Merger (the "Merger Agreement") with CIGNA Corporation ("CIGNA") and CHC Acquisition Corp. ("Purchaser"), an indirect, wholly-owned subsidiary of CIGNA, pursuant to which Purchaser has today commenced a tender offer (the "Offer") to purchase all of the outstanding shares of common stock, $.10 par value per share (the "Shares"), of the Company for $21.75 per Share in cash. Under the Merger Agreement, following the Offer, Purchaser will be merged (the "Merger" and, together with the Offer, the "Transaction") with and into the Company and all Shares not purchased in the Offer (other than Shares held by CIGNA, Purchaser or the Company, or Shares held by dissenting shareholders) will be converted into the right to receive $21.75 per Share in cash. Your Board of Directors has unanimously approved the Merger Agreement, the Offer and the Merger and has determined that the Offer and the Merger are fair to and in the best interests of Healthsource's shareholders. The Board unanimously recommends that the Company's shareholders accept the Offer and tender their Shares in the Offer. In arriving at its recommendation, the Board of Directors gave careful consideration to a number of factors described in the attached Schedule 14D-9 that is being filed today with the Securities and Exchange Commission, including, among other things, the opinion of Bear, Stea▇▇▇ & ▇o. Inc., the Company's financial advisor, that the Transaction is fair, from a financial point of view, to the shareholders of Healthsource. In addition to the attached Schedule 14D-9 relating to the Offer, also enclosed is the Offer to Purchase, dated March 6, 1997, of Purchaser, together with related materials, including a Letter of Transmittal to be used for tendering your Shares. These documents set forth the terms and conditions of the Offer and the Merger and provide instructions as to how to tender your Shares. We urge you to read the enclosed materials carefully. Sincerely,
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Healthsource and athenahealth, Inc. ("Athena") enter into this Amendment No. I ("Amendment"), effective October 13, 2004 ("Amendment Effective Date") to the Services Agreement, dated December 9, 2002 (the "Agreement") between such parties, on the following terms. Capitalized terms used in this Amendment shall have the same meaning as in the Agreement. As of the Amendment Effective Date, the parties hereto agree to make the following changes to the Agreement:
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Examples of Healthsource in a sentence

  • The Contractor, through members of its outreach staff and provider network, is encouraged to identify uninsured patients who may be Medicaid eligible and to make appropriate referrals to the appropriate contacts such as navigators, DHS and Healthsource RI to assist in determining eligibility for Medicaid programs.

  • Although it is understood that the Employer is presently obtaining hospital and medical insurance coverage from Blue Cross-Blue Shield, Healthsource or ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Health Plan, the Union specifically agrees that the Employer may, in its sole discretion, obtain health and medical benefits from a different source, provided the benefits offered by any new source are comparable with the benefits currently being provided.

  • Vision and Healthsource are collectively referred to as "P▇▇▇▇ Systems".

  • The cost of the acquisition was $1.7 billion, reflecting the purchase of Healthsource common stock for $1.4 billion and the retirement of Healthsource debt of $250 million.

  • Health Net Health Plan of the Redwoods HealthPlus Healthsource New Hampshire HMO Blue New England HMO Blue of Idaho HMO Illinois Humana (Louisville) Humana Health Plans of Puerto Rico Humana/Wisconsin Health Organization Independent Health Intergroup of Arizona Intergroup of Utah, Inc.

  • The 1997 increase reflects the Healthsource acquisition and, to a lesser extent, growth in medical HMO alternative funding programs.

  • In the fourth quarter of 1997, CIGNA recorded a pre-tax integration charge of $87 million ($58 million after-tax) in connection with its review of Healthsource operations.

  • Healthsource Maine, Inc has been a Maine licensed HMO, License # HMD 4, since 1987.

  • Interim Agreement for Outsource Claim Follow Up and Credit Balance Services for Athenahealth PART 1 - Claim Followup Background: Athenahealth (Athena) seeks to outsource Claim Follow Up services described below to Vision Healthsource, Inc.

  • Upon commencement of employment, and confirmation by the Compensation Commit- tee of the Healthsource Board of Directors, Zubr▇▇▇▇▇ ▇▇▇ll receive 50,000 options to purchase the common stock of Healthsource, in accordance with the 1994 Healthsource Employee Stock Option Plan.