WellCare Health Plans Inc

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    Company & Industry Overviews

    A Look at Synergies from the Centene-WellCare Deal

    Centene expects the combined company to be the number one player in the Medicaid business.

    By Margaret Patrick
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    Company & Industry Overviews

    CNC or UNH: Who Has Better Earnings Growth Prospects?

    In its fourth-quarter earnings conference call, Centene (CNC) guided for fiscal 2019 GAAP diluted EPS of $3.65–$3.83.

    By Margaret Patrick
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    Healthcare

    Centene’s Acquisition of WellCare Health Plans: The Must-Knows

    Today, Centene (CNC) issued a press release announcing its plan to acquire WellCare Health Plans (WCG) for a total consideration of $17.3 billion.

    By Margaret Patrick
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    Healthcare

    Centene and Wellcare Health Plans: The Word on Wall Street

    Wall Street analysts expect an upside potential of 53.80% for Centene (CNC), based on the company’s trading price of $51.06.

    By Margaret Patrick
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    Company & Industry Overviews

    Healthcare Sector Updates for May 22–26, 2017

    If the US Senate passes the AHCA, the CBO estimates that ~23 million people could become uninsured by 2026. The CBO projects that Medicaid spending could fall $880 billion in the next ten years.

    By Alexis Tate
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    Company & Industry Overviews

    Medicare Business Expected to Drive WellCare Health Plans’ Margin Growth

    In 1Q17, WellCare Health Plans’ (WCG) Medicare Health Plans business reported revenues close to $1.1 billion, which represents year-over-year growth of ~12.4%.

    By Margaret Patrick
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    Company & Industry Overviews

    WellCare Health Plans Expected to Report Solid Rise in EPS in 2017

    WellCare Health Plans has updated its earnings per share guidance from the previously estimated range of $6.00–$6.25 to the new range of $6.55–$6.80.

    By Margaret Patrick
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    Company & Industry Overviews

    Medicaid Business—A Key Revenue Driver for WellCare Health Plans in 2017

    In 1Q17, WellCare Health Plans’ (WCG) Medicaid business reported revenues close to $2.6 billion, which equals year-over-year growth of ~11.8%.

    By Margaret Patrick
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    Company & Industry Overviews

    WellCare Health Plans Expects Robust Revenue Performance in 2017

    In 1Q17, WellCare Health Plans (WCG) reported revenues of ~$3.9 billion, which totals year-over-year growth of around 11.7%.

    By Margaret Patrick
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    Company & Industry Overviews

    Analysts’ Recommendations for WellCare Health Plans in May 2017

    On April 28, 2017, WellCare Health Plans (WCG) completed the acquisition of Universal American Corp. This deal added 119,000 Medicare Advantage members from several major markets

    By Margaret Patrick
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    Earnings Report

    Centene’s Revenue and Income Rose in 3Q15

    Centene has reported net revenue of $5,821 million in 3Q15, an increase of 5.7% compared to $5,506 million in 2Q15. Operating revenue increased 5.8% in 3Q15.

    By Gabriel Kane
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    Earnings Report

    Aetna’s 1Q15 Revenue: Driven by Government-Sponsored Enrollments

    The rise in Aetna’s EPS is mainly attributed to the increase in the company’s government-sponsored MA (Medicare Advantage) and Medicaid enrollments in 1Q15.

    By Margaret Patrick
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    Company & Industry Overviews

    Anthem’s Membership Mainly Local Employers

    Anthem’s membership is mainly concentrated in the local group, total national, and Medicaid population. The local group accounts for about 40.4% of members.

    By Margaret Patrick
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    Company & Industry Overviews

    Cigna’s Customer Segments a Healthy Mix

    Customer segments The players in the private health insurance industry (IYH) aim for a favorable enrollment mix to reduce taxes and other liabilities while at the same time generating sustainable profits. Accordingly, managed care organizations such as Humana (HUM), Aetna (AET), Anthem, Cigna (CI), and WellCare Health Plans (WCG) are increasingly focusing on government-sponsored and international enrollments to balance […]

    By Margaret Patrick
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    Earnings Report

    What Were Aetna’s Key Investments in 2014?

    In 2014, Aetna made substantial investments in growth initiatives in the government-sponsored and Healthagen business and consumer engagement technology.

    By Margaret Patrick
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    Earnings Report

    Star Ratings Increased Aetna’s Government-Sponsored Business in 4Q14

    Aetna (AET) earns about 38% of its revenue by providing health insurance services to government-sponsored enrollees.

    By Margaret Patrick
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    Company & Industry Overviews

    How Is Aetna’s Membership Distributed Across Its Key Markets?

    Aetna’s membership is mainly concentrated in the western US, followed by the Southeast, the Northeast, the Mid-US, and finally consolidated international enrollments.

    By Margaret Patrick
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    Earnings Report

    Key drivers of Humana’s retail health plans in 4Q 2014

    The private health insurance industry (XLV) in the US is gradually shifting from a group insurance model to a retail insurance model.

    By Margaret Patrick
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    Company & Industry Overviews

    Humana’s key health insurance markets

    Humana has expanded its network in California, Florida, and Texas, as these states are key health insurance markets.

    By Margaret Patrick
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    Healthcare

    Acquisitions and divestitures shape private health insurance

    According to a report by Cain Brothers, the private health insurance industry should see a rise in merger and acquisition activity (or M&A) in 2015.

    By Margaret Patrick
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    Company & Industry Overviews

    The rise in insurance demand can benefit managed care stocks

    With 26 million uninsured people expected to gain insurance by 2017 due to the Affordable Care Act, the US is seeing a rise in health insurance demand.

    By Margaret Patrick
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    Company & Industry Overviews

    Shift to self-insurance plans affects health insurance stocks

    As hospital utilization remains low, more employers are exploring the option of self-insurance to reduce their employee benefit costs.

    By Margaret Patrick
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