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March 28, 2008

Physician Associates Joins HealthCare Partners

Media Contact - Kristen M. Thomas 310.752.4400 x186

Los Angeles, CA, March 28, 2008 
–– Robert J. Margolis, MD, CEO of HealthCare Partners Affiliates Medical Group, a healthcare organization with operations in California, Nevada, Florida, and Utah, headquartered in Torrance, California, announced today a transaction with Physician Associates of Greater San Gabriel Valley (PA). 

The transaction increases the number of patients cared for by HealthCare Partners in California to approximately 660,000, and increases patient choice with access to over 900 primary care physicians located in communities throughout the Greater Los Angeles and San Gabriel Valley areas of Southern California.  

“Joining with Physician Associates expands our geographic service coverage area and strengthens an infrastructure of systems necessary to provide quality, coordinated, and cost-effective healthcare for a growing number of Californians,” said Robert J. Margolis, MD, “In today’s healthcare environment, only physicians and caregivers working together in a technologically enabled system can have sufficient time to provide total care for all patients, or the precious time to care for our complex, sick, and fragile patients who call for high-touch coordinated care.”  

Bart Wald, MD, President and CEO of Physician Associates of the Greater San Gabriel Valley, and now Regional Medical Director, HealthCare Partners, stated, “Our organizations are aligned in many areas, most markedly in using advanced technologies to enhance physician practices and improve patient care and service. These advances will be critical in meeting the challenges of providing affordable healthcare that can support an aging population many of whom suffer from chronic diseases.”  

The vision and commitment already shared by the two organizations, combined with Physician Associates’ reputable history of stability, patient-centered care, and superior service to its IPA network are naturally synergistic with HealthCare Partners, one of the largest and highest rated provider networks for clinical excellence and patient satisfaction operating in Southern California. 

According to Dr. Margolis, “We are confident that our shared dedication to improving and managing the health conditions of the growing and aging populations in California and across the nation will help our two large organizations unite into an even better one.  We will be better able to meet the increasing demand for quality healthcare provided by knowledgeable, compassionate primary care physicians and specialists through coordinated care delivery and integrated information systems.” 

About HealthCare Partners Affiliates Medical Group and 
HealthCare Partners, LLC (HCP)

HCP manages and operates medical groups and affiliated physician networks nationally in its pursuit of excellent quality healthcare delivered in a dignified and compassionate manner. HCP operates HealthCare Partners Affiliates Medical Group (California), JSA Healthcare Corporation (Florida, Nevada, and Utah), The Camden Group (national consulting firm), and HealthCare Partners Institute. A leader in multispecialty integrated and coordinated care delivery, HCP’s medical groups and affiliated physicians care for more than 742,000 patients, including more than 141,000 Medicare Advantage members nationally.  

HealthCare Partners Affiliates Medical Group (HCPAMG) has earned awards for clinical excellence and patient satisfaction from the Integrated Healthcare Association, and has been recognized by health plans and business groups for medical leadership, the high quality of medical care delivered, operational effectiveness, and high rates of patient satisfaction. HCPAMG employs 500+ primary care and specialty physicians who care for patients in Los Angeles County and north Orange County, California, through 47 neighborhood offices, that