Management-led group buys out Emerald Health. (Burt Bundgus and group)(Emerald Health Network)

From: Crain's Cleveland Business | Date: April 22, 1991| Author: De Lafuente, Della | Copyright information

The Emerald Health Network, Cleveland's second-largest preferred provider organization, has been sold to a management-led investor group.

Burt Bundgus, Emerald's president and chief executive officer, told Crain's last week the sale closed April 12. Mr. Bundgus was among four managers and four private investors from California who bought Emerald from 12 local hospitals. He declined to reveal a sale price.

The sale positions Emerald to pursue new business an...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and journal articles from HighBeam Research

CEO Leaves Post at Colorado's Community Health Plan.
The Denver Post (Denver, Colorado) (via Knight-Ridder/Tribune Business News) ; ... investigation, performed by Arthur Andersen on behalf of the division, Byrne said. To see more of The Denver Post, or to subscribe to the newspaper, go to http://www.denverpost.com (c) 2002, The Denver Post. Distributed by Knight Ridder/Tribune Business News.
Fledgling health plan confident of finding niche Despite early losses, Community Health Plan chief sees bright future
The Milwaukee Journal Sentinel ; In an already saturated health insurance marketplace, John W. Zilavy is a man with a shoehorn. As president and chief executive officer of Community Health Plan, his mission is to gain a toehold into a market crowded with established health care insurers. And the head of the upstart health plan,
Stockton, Calif., Chiropractors Start Area Health Plan.
Knight Ridder/Tribune Business News ; By Bruce Spence, The Record, Stockton, Calif. Knight Ridder/Tribune Business News Sep. 22--Two Stockton chiropractors have gotten state approval to start doing ... The Record, Stockton, Calif. Distributed by Knight Ridder/Tribune Business News.
New Figures May Force Cuts in Oregon Health Plan.
Knight Ridder/Tribune Business News ; By David Steves, The Register-Guard, Eugene, Ore. Knight Ridder/Tribune Business News Jul. 11--SALEM, Ore.--Despite months of brainstorming and bill-writing to save more than $100 million in Oregon Health Plan costs ...
UPMC finds success with health plan; After years of losses, Pittsburgh venture uses docs to help turn profit.(Brief Article)(Statistical Data Included)
Modern Healthcare ; UPMC Health Plan aptly titled its year 2000 annual report Flying in the Face of Convention. At a time when humbled hospital systems are hastily retreating from ill-conceived managed-care ventures, the for-profit subsidiary has turned a modest profit and is contributing to the overall financial