EXHIBIT 99.4


                 PHYCOR, INC. EMERGES FROM CHAPTER 11 BANKRUPTCY

         Nashville, TN (July 31, 2002) - PhyCor announced today that it
successfully emerged from Chapter 11 bankruptcy reorganization on July 30, 2002
after satisfying the conditions necessary to consummate PhyCor's plan of
reorganization. The United States Bankruptcy Court for the Southern District of
New York confirmed the plan of reorganization on July 19, 2002. PhyCor filed for
reorganization relief under Chapter 11 of the United States Bankruptcy Code on
January 31, 2002. PhyCor has changed its name to Aveta Health, Inc.

         Aveta Health, which remains headquartered in Nashville, is a healthcare
risk management company that provides services to 630,000 individuals in
California, Illinois, Tennessee and Kansas. Aveta Health's North American
Medical Management subsidiaries arrange for the provision of healthcare services
through their owned and affiliated independent physician associations and
physician hospital organizations. Aveta Health also provides contract management
services to hospital-owned physician groups through its Pivot Health division
and consulting and related services to physician groups through its Medical
Group Practice Systems division.

         Statements about future operations of the Company may constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements are based on current
expectations and the current economic environment. The Company cautions that
these statements are not guarantees of future performance. Actual events could
differ materially from those expressed or implied in the forward-looking
statements. Important assumptions and other important factors that could cause
actual events to differ materially from those in forward-looking statements are
specified in the Company's Annual Report on Form 10-K and quarterly reports on
Form 10-Q on file with the Securities and Exchange Commission.