WellCare Health Plans Inc
A Look at Synergies from the Centene-WellCare Deal
Centene expects the combined company to be the number one player in the Medicaid business.
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.
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.
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.
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.
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%.
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.
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%.
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%.
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
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.
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.
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.
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 […]
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.
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.
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.
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.
Humana’s key health insurance markets
Humana has expanded its network in California, Florida, and Texas, as these states are key health insurance markets.
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.
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.
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.