Medsite to Launch Online Credentialing Service,

Replacing Time-Intensive Paper-based Systems

ORLANDO April 24, 2000 --- MedAdvantage, Inc. (Med Advantage), one of the nation’s largest Credentials Verification Organizations (CVO), today signed an alliance agreement with Medsite, the physician’s home on the Internet.  Under the agreement, Med Advantage will provide the primary source verification services to support   Medsite’s latest web tool for physicians, “Medsite Credentialing.”  This online credentialing application service is designed to bring efficiency and speed to the physician’s application process required by managed care organizations and hospitals for compensation

Medsite Credentialing will feature a comprehensive on-line data collection system, which will require physicians to complete the data entry for a credentialing application only once, instead of filling out dozens of credentialing forms.  Medsite’s technology then adapts the application information to the requirements of individual Managed Care Organizations (MCO’s), thereby saving the physician’s practice significant time and effort.  Medsite Credentialing launched April 3.

"The ongoing evolution of healthcare has created an ever-increasing demand for documentation, requiring physicians to spend significant time on paperwork,” said Sundeep Bhan, founder and CEO of Medsite. "As with all of Medsite’s services and products, Medsite Credentialing is designed to offer an efficient solution to the physician’s professional and administrative needs.  By creating a comprehensive, secure online credentialing application service, we enable physicians to spend more time on what matters most – patient care.”

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Med Advantage Partners With Medsite/2

"Clearly this venture bridges the relationship between MCO’s and medical professionals, and improves the burdensome credentialing process" said John B. Witty, Ed.D., President of Med Advantage. "Med Advantage has an unparalleled focus in delivering verification solutions to the healthcare industry and our partnership with Medsite will make credentialing from medical professionals to MCO’s affordable, timely and seamless.”

The partnership between Medsite and Med Advantage is one of several strategic moves Med Advantage has made over the past few months.  Most recently, Med Advantage partnered with CACTUS software, creating a marketing force that brings the strength of two well-established organizations into the healthcare information industry.  CACTUS has long been an industry leader in the network\credentialing software business.

About Medsite

Medsite, Inc. (http://www.Medsite.com), headquartered in Manhattan, is the physician’s home on the Internet. The company offers a comprehensive range of user-friendly solutions in the categories of medical e-commerce, medical e-information and e-communication services.

Building on its first Internet business, MedBookStore, Medsite has become a healthcare destination site offering an extensive selection of medical books, software, journals and supplies, electronic physician credentialing, the latest medical news, a scheduling tool for the medical community, a customizable finance channel, continuing medical education, and numerous other services, geared towards “making a physician’s practice click.” Founded in 1995, Medsite’s customers include physicians, residents, nurses, medical students, physician assistants and pharmaceutical companies.

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Med Advantage Partners With Medsite/3

About Med Advantage

Med Advantage, (http://www.med-advantage.com), a subsidiary of Professionals Group, Inc., is considered one of the largest CVOs in the country.  Med Advantage is certified by NCQA* for all 10 elements and was one of the first CVO’s accredited by URAC**.  The database, which Med Advantage has compiled currently holds approximately 900,000 providers and has over 4.3 million elements verified according to both NCQA and The Joint Commission on Accreditation of Healthcare Organizations, (JCAHO), standards.

Professionals Group, Inc. (NASDAQ:PICM) is a holding company for Med Advantage and several other insurance related subsidiaries.

* The National Committee for Quality Assurance, located in Washington, DC, is an independent, non-profit organization that certifies credentials verification organizations and accredits managed care organizations.

** The American Accreditation HealthCare Commission / URAC is a non-profit entity founded in 1990 to establish accreditation standards for managed health care organizations.  The Commission / URAC’s broad based membership represents a diversity of health care constituencies; industry, provider, purchasers, consumers, and regulators.  Purchasers and consumers look to Commission / URAC accreditation as a mark of distinction for a managed health care company.  For more information about the Commission / URAC, visit their web site at WWW.URAC.ORG

/CONTACT:  John C. Barrett of Med Advantage, 407-282-5131 or by e-mail at jbarrett@med-advantage.com

/CONTACT:  Medsite.com, Inc. is represented by KCSA Public Relations. For media inquiries, contact Jessica Gates at 212-896-1229 or by e-mail at jgates@kcsa.com.

CO: Medical Advantage, Inc., d/b/a Med Advantage

ST: FL