Pacificare to sell texas hmo: pacificare health...

Pacificare to sell texas hmo: pacificare health...


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Pacificare to Sell Texas HMO: Pacificare Health Systems Inc. said it agreed to sell its 12,000-member Austin, Tex., health maintenance organization to a unit of Physicians Corp. of America


for cash and notes. The companies declined to disclose the value of the transaction. Cypress-based Pacificare said Physician Corp.’s Texas Health Plans subsidiary will honor Pacificare’s


contracts, benefits and premium rates for the remainder of contract terms. MORE TO READ