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Health Net Federal Services Hires Medical Director

Posted on: Wednesday, 23 January 2008, 09:01 CST

Health Net Federal Services (HNFS), the government operations division of Health Net, Inc. (NYSE:HNT), today announced the appointment of Patricia Buss, M.D. as medical director. In her new role, Dr. Buss will serve as clinical liaison to Military Treatment Facilities (MTFs), TRICARE Regional Office (TRO), TRICARE Management Activity (TMA) and Health Net TRICARE providers, and will review referrals and authorizations, quality and compliance issues, and grievances.

Dr. Buss has an established career as a certified physician executive with 14 years experience within the Military Health System. Most recently, she served as the Deputy Chief Medical Officer for TRICARE Management Activity and previously as an executive officer for the U.S. Naval Hospital in Okinawa as the second in command of the U.S. Navy's largest overseas medical center. Dr. Buss served in the U.S. Navy for 24 years and retired as a Navy Captain. She is a plastic surgeon by training.

"During her time with TMA, Health Net Federal Services established a strong relationship with Dr. Buss as we navigated our most challenging cases," said Dr. Ted Christy, chief medical officer, Health Net Federal Services. "Her expert knowledge regarding the TRICARE program and her diligence in ensuring that each patient received the right information has been invaluable to extending the highest quality health care to our beneficiaries."

Health Net Federal Services is honored to welcome Dr. Buss to its medical directors team. She will be located at Health Net's Arlington, Va., office and will report directly to Dr. Ted Christy.

About Health Net

Health Net, Inc. is among the nation's largest publicly traded managed health care companies. Its mission is to help people be healthy, secure and comfortable. The company's health plans and government contracts subsidiaries provide health benefits to approximately 6.7 million individuals across the country through group, individual, Medicare, Medicaid and TRICARE and Veterans Affairs programs. Health Net's behavioral health subsidiary, MHN, provides mental health benefits to approximately 7.0 million individuals in all 50 states. The company's subsidiaries also offer managed health care products related to prescription drugs, and offer managed health care product coordination for multi-region employers and administrative services for medical groups and self-funded benefits programs.

For more information on Health Net, Inc., please visit the company's Web site at www.healthnet.com.

Cautionary Statements

Health Net, Inc. and its representatives may from time to time make written and oral forward-looking statements, including statements contained in news releases, in Health Net's filings with the Securities and Exchange Commission, in the company's reports to shareholders and in meetings with investors and analysts, within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, that involve a number of risks and uncertainties. All statements, other than statements of historical information provided herein, may be deemed to be forward-looking statements. These statements are based on management's analysis, judgment, belief and expectation only as of the date hereof, and are subject to uncertainty and changes in circumstances. Without limiting the foregoing, the words "believes,""anticipates,""plans,""expects,""may,""should,""could,""estimate,""intend" and other similar expressions are intended to identify forward-looking statements. Actual results could differ materially due to, among other things, rising health care costs, negative prior period claims reserve developments, trends in medical care ratios, issues relating to provider contracts, litigation costs, regulatory issues, operational issues, health care reform and general business conditions. Additional factors that could cause actual results to differ materially from those reflected in the forward-looking statements include, but are not limited to, the risks discussed in the "Risk Factors" section included within the company's most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements. The company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date of this release.

Source: Business Wire

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