PacifiCare Sells Interest in Clinic
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CYPRESS — PacifiCare Health Systems Inc. said it sold its ownership interest in an Oregon doctors’ clinic to MedPartners Inc. Terms weren’t disclosed.
The McLean Clinic of Oregon, with 52 employees, emphasizes internal medicine. The clinic serves PacifiCare’s 4,600 members in Oregon City, as well as members from other plans, the firms said.
PacifiCare said its decision to sell the clinic is part of its efforts to streamline operations. No jobs are expected to be lost as a result of the sale, the company said.
MedPartners, based in Birmingham, Ala., negotiates with health maintenance organizations on behalf of doctor groups and handles administrative billing for them. The company serves about 8,800 physicians.
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