PREFERRED Therapy Providers, Inc. and WellCare of Arizona Finalize Their Agreement to Offer Medicare Advantage Plan to PREFERRED's Arizona Provider Network

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Plan to be offered to providers in 5 Arizona counties taking effect in two stages.

“Providers in our network have been asking us for a Medicare Advantage product and we’re very happy that we were able to secure this agreement with WellCare of Arizona.”

Steven Allred, PT, President of PREFERRED Therapy Providers, Inc.

PREFERRED Therapy Providers, Inc. (PREFERRED) has announced an agreement with WellCare of Arizona to offer a new Medicare Advantage Plan for PREFERRED’s provider network members in Maricopa, Pima, La Paz, Yavapai and Mohave, Arizona counties. The agreement takes effect in two stages: Yavapai and Mohave counties were effective January 1, 2013 and Maricopa and Pima counties will become effective on January 1, 2014.

WellCare, Inc., the parent company of WellCare of Arizona has Medicare Advantage plans in 13 other states. WellCare of Arizona is a new Medicare Advantage plan for WellCare, Inc. and their first entry into the Arizona healthcare market.

“We are pleased to have partnered with WellCare of Arizona to offer this plan to our providers,” said Steven Allred, PT, President of PREFERRED Therapy Providers, Inc. “Providers in our network have been asking us for a Medicare Advantage product and we’re very happy that we were able to secure this agreement with WellCare of Arizona.”

Provider response to the new plan has been extremely favorable with over 100 clinics signing up for the plan within a few days after the announcement to providers. PREFERRED expects that there will be continued interest over the next few months as the effective date for Maricopa and Pima counties nears.

ABOUT PREFERRED Therapy Providers, Inc. -
Founded in 1992, PREFERRED Therapy Providers, Inc. (PREFERRED) connects PPO's, Health Plans and Third Party Payors with their network of over 1,200 private practice physical, occupational and speech therapy practices nationwide.

For more information visit: http://www.PreferredTherapy.com.

ABOUT WELLCARE HEALTH PLANS, INC. -
WellCare Health Plans, Inc. provides managed care services targeted to government-sponsored health care programs, focusing on Medicaid and Medicare. Headquartered in Tampa, Fla., WellCare offers a variety of health plans for families, children, and the aged, blind, and disabled, as well as prescription drug plans. The company serves approximately 2.7 million members nationwide as of March 31, 2013. For more information about WellCare, please visit the company's website at http://www.wellcare.com.

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