FOR IMMEDIATE RELEASE
Friday, December 15, 2006

PacificSource Health Plans Named One of Oregon’s Most Admired Companies

Springfield, Ore. – PacificSource Health Plans has been named one of Oregon’s Most Admired Companies of 2006 by the Portland Business Journal. PacificSource is among the top 10 most admired companies in the health care category.

More than 2,500 CEOs across Oregon named the companies they most admire in eight industry sectors, including technology, professional services, commercial real estate, agriculture, nonprofits, manufacturing, health care and financial services. CEOs evaluated companies based on attributes including innovation, quality of management, community involvement, quality of products and services, and branding and marketing.

According to voters’ responses as reported by the Portland Business Journal, PacificSource was chosen because of strong membership gains in recent years and because of its favorable reputation with clinic administrators for fair contracting and payment practices.

The awards were launched last year to recognize the accomplishments of Oregon companies and the contributions they make to the state’s success. The names of this year’s winners also ran on the NASDAQ display in New York’s Times Square on Friday, Dec. 8.

“Being most admired is a tribute to each employee and partner we work with. This award is a true reflection of the company’s combined efforts to serve our members,” said Ken Provencher, chief executive officer of PacificSource Health Plans.

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Last updated 3/19/2009