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BUSINESS
April 11, 1996 | BARBARA MARSH, TIMES STAFF WRITER
FHP International Corp. said Wednesday that it sold a subsidiary that packages managed care programs in a deal that was a byproduct of its 10-month-long restructuring effort. FHP sold its UltraLink unit in Costa Mesa to German-owned Allianz Life Insurance Co. of America in Minneapolis for an undisclosed sum. FHP said it will realize a "slight gain" on the transaction. All but three of the 73 UltraLink employees will keep their jobs under the new ownership, FHP said.
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BUSINESS
April 11, 1996 | BARBARA MARSH, TIMES STAFF WRITER
FHP International Corp. said Wednesday that it sold a subsidiary that packages managed care programs in a deal that was a byproduct of its 10-month-long restructuring effort. FHP sold its UltraLink unit in Costa Mesa to German-owned Allianz Life Insurance Co. of America in Minneapolis for an undisclosed sum. FHP said it will realize a "slight gain" on the transaction. All but three of the 73 UltraLink employees will keep their jobs under the new ownership, FHP said.
BUSINESS
August 16, 1994
Ultralink Inc., a health care network manager, has been selected by Ameritech, a telecommunications company in the Midwest, as the planning and network manager for Ameritech's health benefits programs. Ultralink, in conjunction with the Kennedy Consulting Group in Chicago, will develop a network of health maintenance organizations to serve Ameritech's employees in five states. Ameritech has 68,000 employees and 50,000 retirees.
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