The Virginian-Pilot
                             THE VIRGINIAN-PILOT 
              Copyright (c) 1994, Landmark Communications, Inc.

DATE: Wednesday, September 14, 1994          TAG: 9409140542
SECTION: BUSINESS                 PAGE: D2   EDITION: FINAL 
SOURCE: (Staff)
                                             LENGTH: Short :   18 lines

PHP HEALTHCARE INCURS LOSS IN 1994 AS IT TRANSITIONS TO A MANAGED-CARE COMPANY

PHP Healthcare Corp. incurred a loss of $9.3 million for its fiscal year ended April 30, 1994, on sales of $148.7 million. This result compared to the prior year's revenues of $126 million and a loss of $3.8 million. The net loss for 1994 amounted to $1.85 per share of common stock. by CNB