SALE OF ADVINET TO MANAGED CARE SOLUTIONS
Monday, March 15, 1999, AdviNet was sold to Managed Care Solutions. This ownership change creates a strategic business opportunity to further expand AdviNet's potential. Headquartered in Phoenix, AZ, Managed Care Solutions provides an array of business lines that are more parallel with AdviNet's objective.
AdviNet successfully developed the nation's first post-acute network representing over 96,000 providers and services. Most recently, AdviNet executed a contract with Travelers Insurance Company to provide referral service to over 125,000 long-term care policyholders and their families.