AWAC to Provide Medical Cost Containment Services for Health Alliance Medical Plans


AUGUSTA, Ga., July 22, 2009 (GLOBE NEWSWIRE) -- AWAC(r), an inVentiv Health company (Nasdaq:VTIV) and a leading provider of proprietary information technology-driven, specialty physician-directed cost containment and medical consulting solutions to third-party administrators and insurance plans, announced today that it has signed a contract with Health Alliance Medical Plans, a provider-sponsored health insurer in the Midwest. AWAC will provide cost containment services to Health Alliance.

"We are thrilled to be partnering with Health Alliance," said Rick Richards, MD, founder and chief executive officer for AWAC(r). "They are a leader in their field with a reputation for providing value, while emphasizing wellness, patient health and quality of life. All of us at AWAC look forward to working with their team."

"AWAC has the proven ability to manage the issues of fair medical costs and improved outcomes, saving over a million dollars in the small pilot we conducted," said Robert Parker, Chief Medical Officer of Health Alliance Medical Plans. "Their technology is like no other we have seen. This partnership will support our mission as we continue to focus on providing value and quality health care coverage to our members."

About Health Alliance Medical Plans, Inc.

Health Alliance Medical Plans is a leading provider-sponsored health insurer in the Midwest, providing health care coverage to more than 310,000 members in Illinois and Iowa through fully insured, self funded and Medicare supplemental plans. Health Alliance was named one of 'America's Best Health Plans' in the 2008 U.S. News and World Report and National Committee for Quality Assurance (NCQA) rankings of commercial and Medicare health plans. Additionally, in recognition of its exceptional commitment to quality, Health Alliance has maintained the highest accreditation possible from NCQA for its HMO, POS and Medicare HMO plans since 1997.

About AWAC(r)

AWAC(r) is a leading provider of proprietary IT-driven cost containment and medical consulting solutions to third party administrators ("TPAs"), self-funded plans, fully insured plans, employer groups, managing general underwriters ("MGUs") and insurance carriers. AWAC(r) is headquartered in Augusta, Georgia. For more information, please visit www.awac.md.

About inVentiv Health

inVentiv Health (Nasdaq:VTIV) is the leading provider of commercialization and complementary services to the healthcare industry globally. inVentiv delivers its customized clinical, sales, marketing and communications solutions through its four core business segments: inVentiv Clinical, inVentiv Communications, inVentiv Commercial and inVentiv Patient Outcomes. inVentiv Health's client roster is comprised of more than 350 leading pharmaceutical, biotech, life sciences and healthcare payor companies, including the top 20 global pharmaceutical manufacturers. For more information, visit www.inventivhealth.com.

The inVentiv Health, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4942

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks that may cause inVentiv Health's performance to differ materially. Such risks include, without limitation: changes in trends in the pharmaceutical industry or in pharmaceutical outsourcing; our ability to compete successfully with other services in the market; our ability to maintain large client contracts or to enter into new contracts; and, our ability to operate successfully in new lines of business. Readers of this press release are referred to documents filed from time to time by inVentiv Health, Inc. with the Securities and Exchange Commission for further discussion of these and other factors.



            

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