MARIETTA, Ga., May 11 /PRNewswire-FirstCall/ -- Matria Healthcare, Inc. (Nasdaq: MATR) announced today that it has been awarded four new disease management accounts. The Company also announced that three of its current accounts are implementing expansions to their Matria provided programs and services. Two of the expanded existing accounts are health plans and the other is a self-insured employer.

Matria's four new awards of business are all with self-insured employers. In each of the new accounts, the employer is offering Matria's wellness programs to improve the health awareness, lifestyle choices and productivity of their employees and dependents. In three of the four new employer accounts, additional Matria programs and services are being combined with the wellness programs to represent a broader suite of health enhancement programs available to their employees and dependents.

One existing health plan account already offers multiple Matria disease management programs for diabetes, congestive heart failure, coronary artery disease, asthma and chronic obstructive pulmonary disease to the majority of the members in the health plan. This major health plan is now expanding this offering of Matria's disease management programs to the remaining membership in the health plan. The other existing health plan account is offering the Company's health enhancement services to another one of their Administrative Services Only (ASO) self-insured employer clients. The existing employer expanding the Company's programs is adding Matria's 24/7 nurse triage services, wellness programs and the Company's proprietary Health Risk Assessment (HRA).

Parker H. Petit, Chairman and CEO, said, 'Health plans and employers alike desire solutions and programs that address the factors, lifestyle and behaviors that compromise the wellness and productivity of their members or employees. Increasingly, health plans and employers are demanding a suite of services that manage the entire continuum of care for their populations. They want proven programs and services that target all of their population including the healthy, those with chronic conditions and their members or employees with complex health conditions.'

In Matria's April 21, 2006 press release, the Company announced the creation of a metric to gauge the potential impact of its new awards of business, and presented a schedule that categorized its new awards of business announced since the start of 2006, based on the anticipated annualized incremental revenue impact of each business award. This press release continues that process.