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Fpa Medical Management Inc

BUSINESS
July 2, 1996 | DAVID OLMOS, TIMES STAFF WRITER
A San Diego company that manages doctor practices said Monday that it has agreed to buy two Foundation Health Corp. physician groups and 30 health-care centers for $220 million in cash and stock. Foundation, one of California's largest HMOs, said it decided to sell the physician groups to FPA Medical Management largely as a cost-saving move. Instead of managing the groups itself, Foundation would now contract out those services to FPA Medical.
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BUSINESS
May 21, 1996 | From Bloomberg Business News
FPA Medical Management Inc. said Monday that it will buy Sterling Healthcare Group Inc. for as much as $208.4 million of stock and debt to use Sterling's managed hospital-emergency departments as the nucleus of doctors' networks. The companies are expected to generate $370 million in revenue this year, making FPA one of the largest physician practice managers in the nation. FPA's acquisition is part of a consolidation in doctors' practice management. Last week, MedPartners/Mullikin Inc.
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