December 27, 1996
Dr. Albert E. Barnett, who was fired as chief executive of Friendly Hills Medical Group last month, has filed a wrongful termination lawsuit against the health-care company's new owner. The complaint, filed in Orange County Superior Court, followed a lawsuit brought by Long Beach-based MedPartners Inc. last month accusing Barnett and two other former Friendly Hills executives of breach of contract and business fraud.
December 13, 1994 |
PacifiCare Health Systems on Monday announced the unexpected retirement of one of its co-founders and top executives, and the return of a key executive who two months ago defected to a big Midwest health care company. In an unrelated management change at another Southern California health maintenance organization, Glendale-based Cigna HealthCare of California said President Mark Wagar resigned just seven months after he was named to that post.
January 30, 1997 |
PacifiCare Health Systems' proposal to acquire its largest managed-care competitor in Orange County struck a raw nerve Wednesday as opponents stepped forward to urge state regulators to block the deal. About 100 consumer advocates, medical professionals and patients flocked to Irvine City Hall for the first day of unprecedented state hearings into Cypress-based PacifiCare's proposed $2.1-billion buyout of Santa Ana-based FHP International Corp.
October 31, 1997 |
MedPartners Inc. said Thursday that it will eliminate 720 jobs, including 120 doctors' positions, and close some clinics and other facilities in Southern California. The Birmingham, Ala.-based firm, which manages physician practices nationwide, said the moves are needed after several recent acquisitions. It said the consolidation move is unrelated to its announcement Wednesday that it had agreed to be acquired by rival PhyCor Inc. for $8 billion in stock and assumed debt.
August 16, 1995 |
To strengthen its position as competition intensifies in the health care industry, Mullikin Medical Enterprises, California's second-largest doctor network, said Tuesday that it has agreed to merge with Alabama-based MedPartners Inc. The merged company, to be called MedPartners-Mullikin Inc., will be a physician-practice management firm with projected 1996 revenue of about $1 billion. It will employ 800 physicians directly and contract with another 2,600.