|HCI Services reported 1992 revenues of $3.7 million. A story on the purchase of HCI by Mental Health Management (Dec. 6, p. 60) erroneously stated the revenues as $2.7 million.
|Mark Pelletier was the executive vice president of patient-care services at Mercy Hospital and Medical Center in Chicago, and Ann Scott Blouin was the hospital's executive vice president of operations. Their job titles were reported inaccurately in a story on administrative changes at Mercy (Dec. 13, p. 28). The incorrect information was supplied by a Mercy official.
|A chart describing the financial risks associated with the development of physician-hospital relationships (Dec. 13, p. 39) erroneously equated an indicator of financial strength with the length of time it may take an HMO to pay providers to settle outstanding claims. The category "days in claims payable" more correctly refers to the estimated number of days of cash reserves an HMO has on hand to pay claims in the event that the company stopped receiving premium revenues. Oxford Health Plans, for example, has an estimated 85 days of cash available to pay all claims submitted by providers. The company said it usually takes about 11 days to pay providers.