Document:

<PAGE>

                                                                 Exhibit 10.8(h)
                                                                 EXECUTION

                         LIMITED WAIVER AND EXTENSION

                           Dated as of June 15, 2001

PlanVista Corporation
3501 Frontage Road
Tampa, Florida   33607
Attention:  Phillip S. Dingle, President & Chief Executive Officer

Ladies and Gentlemen:

          Reference is made to that certain Second Amended and Restated Credit
Agreement dated as of June 8, 2000 among HealthPlan Services Corporation, a
Delaware corporation (n/k/a PlanVista Corporation) (the "Borrower"), the lenders
referred to therein (the "Lenders") and First Union National Bank ("First
Union"), as administrative agent (the "Administrative Agent") (as modified by
the Limited Waiver and Consent thereto dated as of June 29, 2000, the Limited
Waiver and Consent thereto dated as of September 12, 2000, the Limited Waiver
thereto dated as of September 19, 2000, the Limited Waiver and Consent thereto
dated as of September 19, 2000, the Limited Waiver and Consent thereto dated as
of October 19, 2000, the Limited Waiver thereto dated as of December 8, 2000,
the First Amendment and Limited Waiver and Consent thereto dated as of March 29,
2001 (the "First Amendment"), the Second Amendment and Limited Waiver and
Consent thereto dated as of April 16, 2001, the Limited Waiver and Consent
thereto dated as of April 30, 2001, the Limited Waiver and Consent thereto dated
as of May 4, 2001 (the "May Limited Waiver") and as such agreement may have
otherwise been amended, restated, supplemented or otherwise modified from time
to time prior to the date hereof, the "Credit Agreement").  Capitalized terms
used herein without definition shall have the meanings set forth in the Credit
Agreement.

          The Borrower has requested that Required Lenders:  (i) waive any
Default or Event of Default which may have occurred under Section 11.1(b) of the
Credit Agreement as a result of the Borrower's failure to make the payments
required by Section 2.3(b)(iii)(I) of the Credit Agreement; (ii) waive the
requirement set forth in the May Limited Waiver as a condition to its
effectiveness that the Administrative Agent receive that certain Letter of
Credit No. S165884 issued by First Union for the account of The New England Life
Insurance Co. in the current outstanding amount of $6,000,000 (the "TNE Letter
of Credit"), (iii) waive the restrictions contained in Sections 10.1 and 10.3 of
the Credit Agreement and reaffirm their consent under the May Limited Waiver to
waive the restrictions contained in Sections 8.2(a) and 10.6, in each case to
the extent necessary to permit the Borrower to consummate the Subject Asset Sale
(as defined in the May Limited Waiver); (iv) waive the Reimbursement Obligation
of the Borrower pursuant to Section 3.5 of the Credit Agreement solely with
respect to any drawing
<PAGE>

under the TNE Letter of Credit or the Ron Davi Letters of Credit; (v) extend the
June 15, 2001 date set forth in the first full paragraph on page 3 of the May
Limited Waiver to June 20, 2001; and (vi) extend the June 30, 2001 date set
forth in Section 2.D of the First Amendment to August 31, 2001.

          Subject to the representations and warranties contained herein, the
undersigned Required Lenders hereby agree to waive any Default or Event of
Default which may have occurred or be continuing under Section 11.1(b) of the
Credit Agreement solely as a result of the Borrower's failure to make a
mandatory prepayment of the Loans of tax refunds received for the Fiscal Year
2000 as required by Section 2.3(b)(iii)(I) of the Credit Agreement.

          Subject to the representations and warranties contained herein, the
undersigned Required Lenders hereby agree to waive compliance with the
requirement set forth in the May Limited Waiver as a condition to its
effectiveness that the Administrative Agent shall have received the TNE Letter
of Credit, which Letter of Credit is required thereby to be returned to the
Administrative Agent undrawn in its entirety or if drawn upon the Administrative
Agent is required to receive a cash payment equal to any amount drawn on such
Letter of Credit (the "TNE Requirement").

          Subject to the representations and warranties contained herein, the
undersigned Required Lenders hereby agree to waive compliance with Sections 10.1
and 10.3 of the Credit Agreement to permit the Borrower to (i) incur
Indebtedness on the terms of that certain 6% Subordinated Secured Convertible
Note to be made by the Borrower in favor of the Purchaser (as defined in the May
Limited Waiver) in the aggregate principal amount of $5,000,000 (the
"Subordinated Note") and (ii) grant Liens on the terms of the Subordinated Note,
that certain Subordination Agreement by and between First Union, as
Administrative Agent and Lender, and the Purchaser, and that certain Security
and Pledge Agreement among the Borrower, the Subsidiaries of the Borrower and
the Purchaser, in each case in connection with the Subject Asset Sale and solely
to the extent necessary to permit the Borrower to consummate the Subject Asset
Sale pursuant to the terms of the Stock Purchase Agreement (as defined in the
May Limited Waiver), as amended.  The undersigned Required Lenders hereby
reaffirm their consent to waive compliance with Sections 8.2(a) and 10.6 of the
Credit Agreement solely to the extent necessary to permit the Borrower to
consummate the Subject Asset Sale pursuant to the terms of the Stock Purchase
Agreement, as amended; provided that each of the conditions set forth in the
                       --------
first full paragraph on page 2 of the May Limited Waiver are met.

          Subject to the representations and warranties contained herein, the
undersigned Required Lenders hereby agree to waive compliance with the
Reimbursement Obligation of the Borrower set forth in Section 3.5 of the Credit
Agreement solely with respect to any drawing under the TNE Letter of Credit or
the Ron Davi Letters of Credit.

          Subject to the representations and warranties contained herein, the
undersigned Required Lenders hereby agree to extend:  (i)  the June 15, 2001
date set forth in the first full paragraph on page 3 of the May Limited Waiver
to June 20, 2001 and (ii) the June 30, 2001 date set forth in Section 2.D of the
First Amendment to August 31, 2001.

                                       2
<PAGE>

          In order to induce the Required Lenders to enter into this Limited
Waiver and Extension, the Borrower agrees as follows:  (i) to pay to the
Administrative Agent for the benefit of Lenders a waiver fee ("Waiver Fee") in
the amount of $172,500 which Waiver Fee shall be payable in cash on the earlier
of (x) the Final Maturity Date and (y) the date on which the Loans have been
repaid in full, the Revolving Loan Commitments terminated, all outstanding
Letters of Credit replaced or cash collateralized and all other Obligations then
due and owing paid in full.  For the avoidance of doubt, this Limited Waiver and
Extension shall be deemed a Loan Document and any failure by the Borrower to
comply with any term, covenant or condition hereof shall constitute an immediate
Event of Default.

          Except as expressly provided in this Limited Waiver and Extension, the
Credit Agreement, the May Limited Waiver and each other Loan Document shall
continue to be, and shall remain, in full force and effect.  The waivers set
forth above shall be limited precisely as written and relate solely to
noncompliance by the Borrower with the provisions of Sections 2.3(b)(iii)(I),
3.5, 10.6 and 11.1(b) of the Credit Agreement and the TNE Requirement of the May
Limited Waiver in manner and to the extent described above and nothing in this
Limited Waiver and Extension shall be deemed or otherwise construed:  (a) to be
a waiver of, or consent to or a modification or amendment of (i) Sections
2.3(b)(iii)(I), 3.5, 10.6 and 11.1(b) of the Credit Agreement or the May Limited
Waiver in any other instance or (ii) any other term or condition of the Credit
Agreement, the May Limited Waiver or any other Loan Document; (b) to prejudice
any other right or rights that the Administrative Agent or the Lenders, or any
of them, may now have or may have in the future under or in connection with the
Credit Agreement, the May Limited Waiver or the other Loan Documents; (c) to be
a commitment or any other undertaking or expression of any willingness to engage
in any further discussion with the Borrower or any other person, firm or
corporation with respect to any waiver, amendment, modification or any other
change to the Credit Agreement, the May Limited Waiver or the other Loan
Documents or any rights or remedies arising in favor of the Lenders or the
Administrative Agent, or any of them, under or with respect to any such
documents; or (d) to be a waiver of, or consent to or a modification or
amendment of, any other term or condition of any other agreement by and among
the Borrower, on the one hand, and the Administrative Agent or any other Lender,
on the other hand.

          Each Subsidiary Guarantor hereby acknowledges that it has read this
Limited Waiver and Extension and consents to the terms hereof and further hereby
confirms and agrees that, notwithstanding the effectiveness of this Limited
Waiver and Extension, the obligations of such Subsidiary Guarantor under the
Subsidiary Guaranty Agreement shall not be impaired or affected and the
Subsidiary Guaranty Agreement is, and shall continue to be, in full force and
effect and is hereby confirmed and ratified in all respects.

          By its execution hereof, the Borrower hereby certifies on behalf of
itself and the other Credit Parties that:  (i) each of the representations and
warranties set forth in the Credit Agreement and the other Loan Documents is
true and correct as of the date hereof as if fully set forth herein and that, as
of the date hereof, no Default or Event of Default has occurred and is
continuing; (ii) no Default or Event of Default exists under the Credit
Agreement or the other Loan Documents after giving effect to the waiver
contemplated in this Limited Waiver and Extension; and (iii) all financial
projections concerning the Borrower and its Subsidiaries that have been or are
hereafter made available to the Administrative Agent or the other Lenders by

                                       3
<PAGE>

the Borrower or any of its representatives in connection with the transactions
contemplated hereby (the "Projections") have been (or will be, in the case of
Projections made available after the date hereof) prepared in good faith based
upon reasonable assumptions.

          The Borrower shall pay all reasonable out-of-pocket expenses of the
Administrative Agent in connection with the preparation, execution and delivery
of this Limited Waiver and Extension, including, without limitation, the
reasonable fees and disbursements of counsel for the Administrative Agent.

          This Limited Waiver and Extension may be executed in any number of
counterparts and by different parties hereto in separate counterparts, each of
which when so executed and delivered shall be deemed an original, but all such
counterparts together shall constitute but one and the same instrument.  This
Limited Waiver and Extension shall become effective as of the date hereof upon
the execution of counterparts hereof by the Borrower and the Required Lenders
and receipt by the Administrative Agent of written or telephonic notification of
such execution and authorization of delivery thereof.

          THIS LIMITED WAIVER AND EXTENSION AND THE RIGHTS AND OBLIGATIONS OF
THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED
IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF NORTH CAROLINA, WITHOUT
REGARD TO CONFLICTS OF LAWS PRINCIPLES.

        [THE REMAINDER OF THIS PAGE HAS BEEN INTENTIONALLY LEFT BLANK]

                                       4
<PAGE>

          IN WITNESS WHEREOF, the parties hereto have caused this Limited Waiver
and Extension to be duly executed and delivered by their respective officers
thereunto duly authorized as of the date first written above.

                                        FIRST UNION NATIONAL BANK,
                                        individually and as Administrative Agent

                                        By: /s/ Matthew Berk
                                            ------------------------------------
                                            Name:  Matthew Berk
                                            Title: Authorized Officer

                                        CREDIT LYONNAIS, NEW YORK BRANCH, as a
                                        Lender

                                        By: /s/ John-Charles Van Essche
                                            ------------------------------------
                                            Name:  John-Charles Van Essche
                                            Title: Vice President

                                        SUNTRUST BANK, as a Lender

                                        By: /s/ Samuel M. Ballesteros
                                            ------------------------------------
                                            Name:  Samuel M. Ballesteros
                                            Title: Director

                                        FLEET NATIONAL BANK, as a Lender

                                        By: /s/ Fred P. Lucy, II
                                            ------------------------------------
                                            Name:  Fred P. Lucy, II
                                            Title: Vice President

                                        SOUTHTRUST BANK, as a Lender

                                        By: /s/ B. E. Dishman
                                            ------------------------------------
                                            Name:  B. E. Dishman
                                            Title: Vice President

                                          S-1
<PAGE>

                                        COOPERATIEVE CENTRALE RAIFFEISEN-
                                        BOERENLEEBANK BA "RABOBANK
                                        NEDERLAND", NEW YORK BRANCH, as a
                                        Lender

                                        By:
                                           -------------------------------------
                                           Name:
                                           Title:

                                        BANK OF AMERICA, N.A., as a Lender

                                        By: /s/ Mark E. Moody
                                           -------------------------------------
                                           Name:  Mark E. Moody
                                           Title: Senior Vice President

                                        AMSOUTH BANK, as a Lender

                                        By: /s/ William R. Hoog
                                           -------------------------------------
                                           Name:  William R. Hoog
                                           Title: Vice President

                                        HIBERNIA NATIONAL BANK, as a Lender

                                        By: /s/ Tammy Angelety
                                           -------------------------------------
                                           Name:  Tammy Angelety
                                           Title: Vice President

                                        FIFTH THIRD BANK, CENTRAL OHIO, as a
                                        Lender

                                        By: /s/ Mark Ransom
                                           -------------------------------------
                                           Name:  Mark Ransom
                                           Title: Vice President

                                          S-2
<PAGE>

                                        BORROWER:

                                        PLANVISTA CORPORATION, as Borrower

                                        By: /s/ Phillip S. Dingle
                                           -------------------------------------
                                           Name:  Phillip S. Dingle
                                           Title: Chairman and Chief Executive
                                                  Officer

                                        OTHER CREDIT PARTIES:

                                        HEALTHPLAN SERVICES, INC.

                                        By: /s/ Phillip S. Dingle
                                           -------------------------------------
                                           Name:  Phillip S. Dingle
                                           Title: Secretary

                                        PLANVISTA SOLUTIONS, INC. (f/k/a
                                        NATIONAL PREFERRED PROVIDER
                                        NETWORK, INC.)

                                        By: /s/ Phillip S. Dingle
                                           -------------------------------------
                                           Name:  Phillip S. Dingle
                                           Title: Chief Executive Officer

                                        NATIONAL NETWORK SERVICES, INC.

                                        By: /s/ Phillip S. Dingle
                                           -------------------------------------
                                           Name:  Phillip S. Dingle
                                           Title: Secretary and Treasurer

                                        QUALITY MEDICAL ADMINISTRATORS, INC.

                                        By: /s/ Phillip S. Dingle
                                           -------------------------------------
                                           Name:  Phillip S. Dingle
                                           Title: Secretary and Treasurer

                                          S-3
<PAGE>

                                        AMERICAN BENEFIT PLAN ADMINISTRATORS,
                                        INC.

                                        By: /s/ Phillip S. Dingle
                                           -------------------------------------
                                           Name:  Phillip S. Dingle
                                           Title: Secretary

                                        HPS OF DELAWARE LLC (f/k/a CENTRA
                                        HEALTHPLAN LLC)

                                        By: /s/ Phillip S. Dingle
                                           -------------------------------------
                                           Name:  Phillip S. Dingle
                                           Title:  President

                                        HPS OF LOUISIANA, INC. (f/k/a EMPLOYEE
                                        BENEFIT SERVICES, INC.)

                                        By: /s/ Phillip S. Dingle
                                           -------------------------------------
                                           Name:  Phillip S. Dingle
                                           Title: President

                                        GROUP BENEFIT ADMINISTRATORS INSURANCE
                                        AGENCY, INC.

                                        By: /s/ Phillip S. Dingle
                                           -------------------------------------
                                           Name:  Phillip S. Dingle
                                           Title: Clerk

                                        HEALTHPLAN SERVICES INSURANCE AGENCY,
                                        INC.

                                        By: /s/ Phillip S. Dingle
                                           -------------------------------------
                                           Name:  Phillip S. Dingle
                                           Title: Clerk

                                          S-4
<PAGE>

                                        HEALTHPLAN SERVICES INSURANCE AGENCY OF
                                        ILLINOIS, INC.

                                        By: /s/ Phillip S. Dingle
                                           -------------------------------------
                                           Name:  Phillip S. Dingle
                                           Title: Secretary and Treasurer

                                        MONTGOMERY MANAGEMENT CORPORATION

                                        By: /s/ Phillip S. Dingle
                                           -------------------------------------
                                           Name:  Phillip S. Dingle
                                           Title: Secretary and Treasurer

                                        PROHEALTH, INC.

                                        By: /s/ Phillip S. Dingle
                                           -------------------------------------
                                           Name:  Phillip S. Dingle
                                           Title: President and Chief Executive
                                                  Officer

                                        HPS OF MISSOURI, INC. (f/k/a REH AGENCY
                                        OF MISSOURI, INC.)

                                        By: /s/ Phillip S. Dingle
                                           -------------------------------------
                                           Name:  Phillip S. Dingle
                                           Title: Secretary and Treasurer

                                        SOUTHERN NEVADA ADMINISTRATORS, INC.

                                        By: /s/ Phillip S. Dingle
                                           -------------------------------------
                                           Name:  Phillip S. Dingle
                                           Title: Secretary

                                      S-5<PAGE>

                                                                 Exhibit 10.8(i)
                                                                 EXECUTION

                             PLANVISTA CORPORATION

                      THIRD AMENDMENT AND LIMITED WAIVER

          THIS THIRD AMENDMENT AND LIMITED WAIVER to the Credit Agreement
referred to below (this "Amendment"), is dated as of the 2nd day of July, 2001,
by and among PLANVISTA CORPORATION (f/k/a HEALTHPLAN SERVICES CORPORATION), a
Delaware corporation (the "Borrower"), THE LENDERS LISTED ON THE SIGNATURE PAGES
HEREOF (the "Lenders"), FIRST UNION NATIONAL BANK ("First Union"), as
administrative agent (the "Administrative Agent"), and, for purposes of Sections
5 and 6 hereof, the Credit Parties listed on the signature pages hereof, and is
made with reference to that certain Second Amended and Restated Credit Agreement
dated as of June 8, 2000 by and among the Borrower, the Lenders and the
Administrative Agent (as modified by the Limited Waiver and Consent thereto
dated as of June 29, 2000, the Limited Waiver and Consent thereto dated as of
September 12, 2000, the Limited Waiver thereto dated as of September 19, 2000,
the Limited Waiver and Consent thereto dated as of September 19, 2000, the
Limited Waiver and Consent thereto dated as of October 19, 2000, the Limited
Waiver dated as of December 8, 2000, the First Amendment and Limited Waiver and
Consent dated as of March 29, 2001, the Second Amendment and Limited Waiver and
Consent dated as of April 16, 2001, the Limited Waiver and Consent dated as of
April 30, 2001, the Limited Waiver and Consent dated as of May 4, 2001, the
Limited Waiver and Extension dated as of June 15, 2001 and as such agreement may
have otherwise been amended, restated, supplemented or otherwise modified from
time to time prior to the date hereof, the "Credit Agreement"). Capitalized
terms used herein without definition shall have the meanings set forth in the
Credit Agreement.

                                R E C I T A L S
                                - - - - - - - -

          WHEREAS, the Borrower has requested that Lenders (i) waive compliance
with the provisions of Section 2.3(a) of the Credit Agreement solely with
respect to the scheduled payments of principal on the Term Loans due June 30,
2001 and July 31, 2001, and (ii) waive compliance with Section 2.3(b)(iii)(C) of
the Credit Agreement solely to permit the Borrower to retain Net Securities
Proceeds in an aggregate amount not to exceed $3,300,000, provided that such Net
                                                          --------
Securities Proceeds are used solely to pay obligations assumed by Borrower in
connection with the closing of that certain Stock Purchase Agreement by and
between the Borrower and HealthPlan Holdings, Inc., dated as of April 1, 2001,
as amended on June 18, 2001 (the "Stock Purchase Agreement"); and

          WHEREAS, the Administrative Agent and Lenders have agreed to make
certain amendments to and waive certain requirements of the Credit Agreement,
but only on the terms and conditions hereinafter set forth.

          NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged by the parties hereto, the parties
hereby agree pursuant to Section 13.12 of the Credit Agreement as follows:
<PAGE>

                                  SECTION 1.
                      AMENDMENTS TO THE CREDIT AGREEMENT

          On the basis of the representations and warranties contained in this
Amendment, and subject to the terms and the satisfaction of the conditions set
forth in this Amendment, the Administrative Agent and Lenders hereby agree as
follows:

          A. Amendments to Section 1.1.
             -------------------------

               (1) Section 1.1 of the Credit Agreement is hereby amended by
deleting the definitions of "Applicable Margin" and "Carry Over Amount"
appearing therein in their entirety.

               (2) Section 1.1 of the Credit Agreement is further amended by
inserting the following definitions therein in alphabetical order:

          'Fiscal Month' means any fiscal month of any Fiscal Year.
           ------------

          'Third Amendment' means that certain Third Amendment to the Second
           ---------------
     Amended and Restated Credit Agreement dated as of July 2, 2001 by and among
     the Borrower, the Lenders and the Administrative Agent.

          'Third Amendment Effective Date' means the Third Amendment Effective
           ------------------------------
     Date as defined in the Third Amendment."

          B. Amendments to Section 4.
             -----------------------

               (3) Sections 4.1(a) and (b) of the Credit Agreement are hereby
amended and restated in their entirety as follows:

          "SECTION 4.1.     Interest.
                            --------

          (a) Interest Rate. From and after the Third Amendment Effective Date,
              -------------
     subject to the provisions of Sections 4.1(c) and 4.1(e), the aggregate
     principal balance of the Notes or any portion thereof shall bear interest
     at a rate per annum equal to the Base Rate plus four percentage points
                                                ----
     (4%).

          (b) Reserved."
              --------

          B. Amendment to Section 7. Section 7.1 of the Credit Agreement is
             ----------------------
hereby amended by (i) re-lettering paragraphs (a), (b), (c), (d) and (e) as
paragraphs (b), (c), (d) and (e) and new paragraph (f) and (ii) inserting a new
paragraph (a) thereto as follows:

          "(a) Weekly Statements. As soon as practicable and in any event no
               -----------------
     later than Wednesday of each calendar week, an Adjusted Budget as of the
     Friday of the calendar week immediately preceding such Wednesday."

          C. Amendments to Section 9.
             -----------------------

                                       2
<PAGE>

               (1) Section 9.1 of the Credit Agreement is hereby amended and
restated in its entirety as follows:

          "SECTION 9.1      Minimum Total Receipts. Permit Total Receipts as of
                            ----------------------
     the last day of each calendar week for the four week period then ended to
     be less than ninety percent (90%) of the Total Receipts set forth in the
     Adjusted Budget for such four (4) week period."

               (2) Section 9.4 of the Credit Agreement is hereby amended and
restated in its entirety as follows:

          "SECTION 9.4      Capital Expenditures. Make or incur any Capital
                            --------------------
     Expenditures in any Fiscal Month commencing with the Fiscal Month of June
     of the Fiscal Year 2001 in an aggregate amount in excess of $10,000;
     provided that to the extent that Capital Expenditures permitted for any
     --------
     such Fiscal Month exceed actual Capital Expenditures for such Fiscal Month,
     the excess shall be permitted to be carried over to the immediately
     succeeding Fiscal Month."

                                  SECTION 2.
  LIMITED WAIVER AND CONSENT TO THE CREDIT AGREEMENT; CONDITIONS TO AMENDMENT

          A. Certain Scheduled Payments of Principal on Term Loans. On the basis
             -----------------------------------------------------
of the representations and warranties contained in this Amendment, and subject
to the terms and conditions of this Amendment, the Administrative Agent and
Lenders hereby agree to waive compliance with Section 2.3(a) of the Credit
Agreement solely with respect to the scheduled payments of principal on the Term
Loans due June 30, 2001 and July 31, 2001; provided that such scheduled payments
                                           --------
and all other outstanding Obligations shall be paid in full no later than the
Final Maturity Date.

          B. Certain Mandatory Prepayments Due to Issuance of Equity or Debt
             ---------------------------------------------------------------
Securities. On the basis of the representations and warranties contained in this
----------
Amendment, and subject to the terms and conditions of this Amendment, the
Administrative Agent and Required Lenders hereby agree to waive compliance with
Section 2.3(b)(iii)(C) of the Credit Agreement solely with respect to the
mandatory prepayment of the Loans from Net Securities Proceeds in an amount not
to exceed $3,300,000; provided that on the date of receipt of such Net
                      --------
Securities Proceeds the Borrower shall apply such proceeds to pay obligations
assumed by Borrower in connection with the closing of the Stock Purchase
Agreement.

                                  SECTION 3.
                             LIMITATION OF WAIVER

          Except as expressly provided in this Amendment, the Credit Agreement
and each other Loan Document shall continue to be, and shall remain, in full
force and effect. Without limiting the generality of the provisions of Section
13.12 of the Credit Agreement, the waivers set forth above shall be limited
precisely as written and relate solely to noncompliance by the Borrower with the
provisions of Sections 2.3(a) and 2.3(b)(iii)(C) of the Credit Agreement in

                                       3
<PAGE>

manner and to the extent described above and nothing in this Limited Waiver and
Consent shall be deemed or otherwise construed to:

          (a) constitute a waiver of, or consent to or a modification or
amendment of (i) Sections 2.3(a) and 2.3(b)(iii)(C) of the Credit Agreement in
any other instance or (ii) any other term or condition of the Credit Agreement
or any other Loan Document;

          (b) prejudice any other right or rights that the Administrative Agent
or the Lenders, or any of them, may now have or may have in the future under or
in connection with the Credit Agreement or the other Loan Documents;

          (c) constitute a commitment or any other undertaking or expression of
any willingness to engage in any further discussion with the Borrower or any
other person, firm or corporation with respect to any waiver, amendment,
modification or any other change to the Credit Agreement or the other Loan
Documents or any rights or remedies arising in favor of the Lenders or the
Administrative Agent, or any of them, under or with respect to any such
documents; or

          (d) constitute a waiver of, or consent to or a modification or
amendment of, any other term or condition of any other agreement by and among
the Borrower, on the one hand, and the Administrative Agent or any other Lender,
on the other hand.

                                  SECTION 4.
                        REPRESENTATIONS AND WARRANTIES

          In order to induce the Administrative Agent and Lenders to enter into
this Amendment, the Borrower hereby represents and warrants to the
Administrative Agent and Lenders that:

          A. Authorization; Binding Obligations. Each Credit Party has all
             ----------------------------------
requisite corporate power and authority to enter into this Amendment. The
execution, delivery and performance of this Amendment have been duly authorized
by all necessary corporate action by each Credit Party. This Amendment has been
duly executed and delivered by each Credit Party and is the legal, valid and
binding obligation of each Credit Party, enforceable against each Credit Party
in accordance with its terms, except to the extent that the enforceability
thereof may be limited by applicable bankruptcy, insolvency, fraudulent
conveyance, reorganization, moratorium or similar laws generally affecting
creditors' rights and by equitable principles (regardless of whether enforcement
is sought in equity or at law). As of the Third Amendment Effective Date (as
hereinafter defined), the Credit Agreement, as amended by this Amendment, will
constitute the legal, valid and binding obligation of each Credit Party,
enforceable against each Credit Party in accordance with its terms, except to
the extent that the enforceability thereof may be limited by applicable
bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or
similar laws generally affecting creditors' rights and by equitable principles
(regardless of whether enforcement is sought in equity or at law).

          B. Incorporation of Representations. Each representation and warranty
             --------------------------------
of each Credit Party contained in each of the Loan Documents is true, correct
and complete in all

                                       4
<PAGE>

material respects on and as of the Third Amendment Effective Date to the same
extent as though made on and as of the Third Amendment Effective Date, except to
the extent such representations and warranties relate to an earlier date, in
which case they were true, correct and complete in all material respects as of
such earlier date.

          C. Absence of Defaults. No event has occurred and is continuing or
             -------------------
would result from the execution, delivery or performance of this Amendment that
constitutes or would constitute a Default or Event of Default after giving
effect to this Amendment.

          D. Financial Projections. All financial projections concerning the
             ---------------------
Borrower and its Subsidiaries that have been or are hereafter made available to
the Administrative Agent or the other Lenders by the Borrower or any of its
representatives in connection with the transactions contemplated hereby (the
"Projections") have been (or will be, in the case of Projections made available
after the date hereof) prepared in good faith based upon reasonable assumptions.

          E. Performance. The Borrower has performed in all material respects
             -----------
all agreements to be performed on its part on or before the date hereof as set
forth in the Credit Agreement.

                                  SECTION 5.
                   RELEASE AND DISCHARGE OF CLAIMS OF ACTION

          TO INDUCE THE ADMINISTRATIVE AGENT AND LENDERS TO ENTER INTO THIS
AMENDMENT, THE BORROWER AND EACH OTHER CREDIT PARTY ON BEHALF OF ITSELF AND EACH
OF ITS SUBSIDIARIES AND AFFILIATES EACH HEREBY KNOWINGLY, VOLUNTARILY,
INTENTIONALLY AND IRREVOCABLY RELEASES, ACQUITS AND FOREVER DISCHARGES THE
ADMINISTRATIVE AGENT AND EACH LENDER AND THEIR RESPECTIVE OFFICERS, DIRECTORS,
AGENTS, EMPLOYEES, SUCCESSORS AND ASSIGNS, FROM ALL LIABILITIES, CLAIMS,
DEMANDS, ACTIONS OR CAUSES OF ACTION OF ANY KIND (IF ANY THERE BE), WHETHER
ABSOLUTE OR CONTINGENT, DUE OR TO BECOME DUE, DISPUTED OR UNDISPUTED, AT LAW OR
IN EQUITY, THAT THE BORROWER OR ANY OTHER CREDIT PARTY NOW HAS OR EVER HAD
AGAINST THE ADMINISTRATIVE AGENT OR ANY LENDER ARISING UNDER, BASED UPON OR IN
CONNECTION WITH THE LOAN AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS OR THE
TRANSACTIONS CONTEMPLATED THEREBY BY REASON OF ANY MATTER, CAUSE OR THING
WHATSOEVER FROM THE BEGINNING OF THE WORLD TO AND INCLUDING THE THIRD AMENDMENT
EFFECTIVE DATE.

                                  SECTION 6.
                 ACKNOWLEDGEMENT AND CONSENT BY CREDIT PARTIES

          The Borrower and each other Credit Party executing a counterpart
hereto agree to and acknowledge the terms and provisions of this Amendment and
confirm that each Loan Document to which such Credit Party is a party shall
continue in full force and effect and that all of its obligations thereunder
shall be valid and enforceable and shall not be impaired or affected by the
execution of this Amendment, except as specifically provided herein. The
Borrower and

                                       5
<PAGE>

each other Credit Party executing a counterpart hereof represent and warrant
that all representations and warranties contained in each Loan Document to which
such Credit Party is a party are true, correct and complete in all material
respects as of the date hereof to the same extent as though made on each such
date and that the Borrower and each such Credit Party has performed in all
material respects all agreements to be performed on its part on or before the
date hereof as set forth in the Loan Documents.

                                  SECTION 7.
           FEES; REGISTRATION RIGHTS; RETENTION OF INVESTMENT BANKER

          A. Fees. In consideration for the execution and delivery of this
             ----
Amendment, the Borrower agrees to deliver to the Administrative Agent, for the
ratable benefit of the Lenders, an aggregate amount of 75,000 shares of common
stock of the Borrower held in treasury (the "Fee Shares"), which Fee Shares
shall be subject to the Registration Rights Agreement (described below).  By no
later than July 11, 2001, Borrower shall have delivered to the Administrative
Agent certificates evidencing the Fee Shares.

          B. Registration Rights Agreement. By no later than July 11, 2001, the
             -----------------------------
Borrower shall have executed and delivered to the Administrative Agent and the
Lenders a registration rights agreement with respect to the Fee Shares in form
and substance acceptable to the Administrative Agent.

          C. Retention of Investment Banker. The Borrower shall retain the
             ------------------------------
services of an investment banker reasonably acceptable to the Administrative
Agent and the Lenders to pursue a sale of all or substantially all of the assets
or capital stock of the Borrower or its Subsidiaries. The Administrative Agent
shall receive an executed copy of the engagement letter with such investment
banker by August 1, 2001, which engagement letter shall, among other things,
provide that such investment banker shall be authorized to report to the
Administrative Agent as soon as practicable and in any event no later than
Friday of each calendar week commencing with the calendar week of August 6, 2001
regarding the status of the sale.

                                  SECTION 8.
                          CONDITIONS TO EFFECTIVENESS

          This Amendment shall become effective as of the date hereof (the
"Third  Amendment Effective Date") only upon receipt of the following by the
Administrative Agent:

          (a) counterparts hereof duly executed by each Credit Party and the
Lenders and written or telephonic notification of such execution and
authorization of delivery thereof;

          (b) a duly authorized resolution of Borrower's board of directors
authorizing (i) the issuance and sale of up to 710,000 shares of the common
stock of Borrower held in treasury and (ii) to the extent necessary to raise
funds and pay the obligations assumed by the Borrower in connection with the
closing of the Stock Purchase Agreement, the issuance and sale of up to an
additional 750,000 shares of common stock of the Borrower;

          (c) the Borrower shall have retained the services of Bill Runge of
Arthur Andersen (together with such other professionals from Arthur Andersen as
may be necessary

                                       6
<PAGE>

from time to time) who shall be responsible for the cash management of the
Borrower, receivables tracking and collections and such other duties as may be
agreed upon by the Borrower and the Administrative Agent and, the Administrative
Agent shall have received an executed copy of the engagement letter with Arthur
Andersen in form, substance and scope reasonably acceptable to the
Administrative Agent.

                                  SECTION 9.
                                MISCELLANEOUS

          A. Effect of Amendment. Except as specifically provided herein, this
             -------------------
Amendment does not in any way waive, amend, modify, affect or impair the terms
and conditions of the Credit Agreement or the other Loan Documents, and all
terms and conditions of the Credit Agreement and the other Loan Documents are
hereby ratified and confirmed and shall remain in full force and effect unless
otherwise specifically amended, waived, modified or changed pursuant to the
terms and conditions of this Amendment.

          On and after the Third Amendment Effective Date, each reference in the
Credit Agreement to "this Agreement", "hereunder", "hereof", "herein" or words
of like import referring to the Credit Agreement, and each reference in the
other Loan Documents to the "Credit Agreement", "thereunder", "thereof", or
words of like import referring to the Credit Agreement shall mean and be a
reference to the Credit Agreement as modified by this Amendment.

          B. Fees and Expenses. The Borrower acknowledges that all costs, fees
             -----------------
and expenses as described in Section 13.2 of the Credit Agreement incurred by
the Administrative Agent in connection with the preparation, execution and
delivery of this Amendment and the documents and transactions contemplated
hereby, including, without limitation, the reasonable fees and disbursements of
counsel for the Administrative Agent, shall be for the account of the Borrower.

          C. Headings. Section and subsection headings in this Amendment are
             --------
included herein for convenience of reference only and shall not constitute a
part of this Amendment for any other purpose or be given any substantive effect.

          D. Applicable Law. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF
             --------------
THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED
IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF NORTH CAROLINA, WITHOUT
REGARD TO CONFLICTS OF LAWS PRINCIPLES.

          E. Counterparts. This Amendment may be executed in any number of
             ------------
counterparts and by different parties hereto in separate counterparts, each of
which when so executed and delivered shall be deemed an original, but all such
counterparts together shall constitute but one and the same instrument.

        [THE REMAINDER OF THIS PAGE HAS BEEN INTENTIONALLY LEFT BLANK]

                                       7
<PAGE>

          IN WITNESS WHEREOF, the parties hereto have caused this Amendment to
be duly executed and delivered by their respective officers thereunto duly
authorized as of the date first written above.

                                FIRST UNION NATIONAL BANK,
                                as a Lender and as Administrative Agent

                                By:             /s/ Matthew Berk
                                   --------------------------------------------
                                   Name:  Matthew Berk
                                   Title: Authorized Officer

                                CREDIT LYONNAIS, NEW YORK BRANCH,
                                as a Lender

                                By:             /s/ John-Charles Van Essche
                                   --------------------------------------------
                                   Name:  John-Charles Van Essche
                                   Title: Vice President

                                SUNTRUST BANK, as a Lender

                                By:             /s/ Samuel M. Ballesteros
                                   --------------------------------------
                                   Name:  Samuel M. Ballesteros
                                   Title: Director

                                FLEET NATIONAL BANK, as a Lender

                                By:             /s/ Fred P. Lucy, II
                                   --------------------------------------
                                   Name:  Fred P. Lucy, II
                                   Title: Vice President

                                SOUTHTRUST BANK, as a Lender

                                By:             /s/ B. E. Dishman
                                   --------------------------------------
                                   Name:  B. E. Dishman
                                   Title: Vice President

                                      S-1
<PAGE>

                                    COOPERATIEVE CENTRALE RAIFFEISEN-
                                    BOERENLEEBANK BA "RABOBANK
                                    NEDERLAND", NEW YORK BRANCH, as a Lender

                                        /s/ John McMahon
                                      ---------------------------------------
                                            John McMahon
                                            Vice President

                                    By: /s/ Ian Reece
                                       --------------------------------------
                                       Name:  Ian Reece
                                       Title: Managing Director

                                    BANK OF AMERICA, N.A., as a Lender

                                    By: /s/ Joseph M. Martens
                                       --------------------------------------
                                       Name:  Joseph M. Martens
                                       Title: Senior Vice President

                                    AMSOUTH BANK, as a Lender

                                    By: /s/ William R. Hoag
                                       --------------------------------------
                                       Name:
                                       Title: Vice President

                                    AMSOUTH BANK

                                    HIBERNIA NATIONAL BANK, as a Lender

                                    By: /s/ Tammy Angelety
                                       --------------------------------------
                                       Name:  Tammy Angelety
                                       Title: Vice President

                                    FIFTH THIRD BANK, CENTRAL OHIO, as a Lender

                                    By: /s/ Mark Ransom
                                       --------------------------------------
                                       Name:  Mark Ransom
                                       Title: Vice President

                                      S-2
<PAGE>

                                    BORROWER:

                                    PLANVISTA CORPORATION, as Borrower

                                    By: /s/ Phillip S. Dingle
                                       --------------------------------------
                                       Phillip S. Dingle
                                       Chairman and Chief Executive Officer

                                    OTHER CREDIT PARTIES:

                                    PLANVISTA SOLUTIONS, INC.
                                    (f/k/a NATIONAL PREFERRED PROVIDER
                                    NETWORK, INC.)

                                    By: /s/ Phillip S. Dingle
                                       --------------------------------------
                                       Phillip S. Dingle
                                       Chief Executive Officer

                                    NATIONAL NETWORK SERVICES, INC.

                                    By: /s/ Phillip S. Dingle
                                       --------------------------------------
                                       Phillip S. Dingle
                                       Secretary and Treasurer

                                    QUALITY MEDICAL ADMINISTRATORS, INC.

                                    By: /s/ Phillip S. Dingle
                                       --------------------------------------
                                         Phillip S. Dingle
                                         Secretary and Treasurer

                                    HPS OF DELAWARE LLC (f/k/a CENTRA
                                    HEALTHPLAN LLC)

                                    By: /s/ Phillip S. Dingle
                                       --------------------------------------
                                       Phillip S. Dingle
                                       Title:

                                      S-3
<PAGE>

                                    HPS OF LOUISIANA, INC. (f/k/a EMPLOYEE
                                    BENEFIT SERVICES, INC.)

                                    By: /s/ Phillip S. Dingle
                                       --------------------------------------
                                       Phillip S. Dingle
                                       President

                                    HPS OF MISSOURI, INC. (f/k/a REH AGENCY OF
                                    MISSOURI, INC.)

                                    By: /s/ Phillip S. Dingle
                                       --------------------------------------
                                       Phillip S. Dingle
                                       Secretary and Treasurer

                                      S-4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00027-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00027-of-00352.parquet"}]]