New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 8, 2014
10:18 EDTCI, UNH, WLP, WCG, HUM, HNT, UAM, AETCMS says Medicare Advantage reimbursement to rise in 2015
The Centers for Medicare & Medicaid Services announced Medicare Advantage and prescription drug rates for 2015. The agency estimated that its payments for Medicare Advantage beneficiaries would rise slightly, versus its previous estimate that such payments would fall. A Medicare Advantage Plan is a type of health plan offered by a private company that contracts with Medicare to provide subscribers with Part A and Part B benefits. WHAT'S NEW: CMS reimbursements for Medicare Advantage beneficiaries will rise 0.4%, CMS estimated, compared to a February proposal that contemplated a 1.9% cut. ANALYST REACTION: In a note to investors earlier today, FBR Capital analyst Steven Halper wrote that the final Medicare Advantage rates are a positive for health insurers with significant exposure to such plans. Companies in this category include Aetna (AET), Humana (HUM), and UnitedHealth (UNH), said Halper. He kept Outperform ratings on Aetna and United Health and a Market Perform rating on Humana. Another research firm, Leerink, said it views the "biggest positive" from the final rates that the CMS announced last night as the delay in the proposal to eliminate in home Health Risk Assessments to support reimbursement for high risk seniors. Leerink thinks the final rates are favorable for MA plans and estimates the positive impact in order: Humana, Universal American (UAM), WellCare (WCG), UnitedHealth, Cigna (CI), Aetna, Health Net (HNT) and WellPoint (WLP). PRICE ACTION: In early trading, Aetna rose fractionally to $72.70, UnitedHealth lost 0.6% to $80.59, Humana sank 1.8% to $109.95, and Universal American added 2c to $7.16.
News For AET;HUM;UNH;UAM;WCG;CI;HNT;WLP From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 19, 2014
07:15 EDTWCGWellCare identified as favorite mid-cap stock for 2015 at Stifel
Subscribe for More Information
December 17, 2014
16:16 EDTHNTHealth Net sees FY15 total health plan membership up 8.2% to 3.5M members
Sees total health plan membership increase of approximately 8.2 percent to approximately 3.5Mn members. Because of the timing of the 2014 enrollment gains, health plan member months are expected to increase by approximately 17%.
16:14 EDTHNTHealth Net sees FY15 consolidated revenue $17.4B
Subscribe for More Information
16:11 EDTHNTHealth Net increases existing share repurchase by $258M
Subscribe for More Information
16:10 EDTHNTHealth Net sees FY15 EPS for combined segments at least $3.15, consensus $3.20
Sees FY15 GAAP EPS at least $2.55.
10:51 EDTAET, HNT, WCG, CI, HUM, UAM, UNHLeerink healthcare services analyst holds analyst/industry conference call
Healthcare Services Analyst Gupte provides outlook and favorite names for 2015 in the Hospitals and Managed Care Industry on an Analyst/Industry conference call to be held on December 18 at 1 pm.
December 16, 2014
08:50 EDTWCGWellCare appoints Blair Todt as Chief Legal and Administrative Officer
Subscribe for More Information
December 15, 2014
16:02 EDTWCGWellCare names current COO Kenneth Burdick as CEO
Subscribe for More Information
09:01 EDTHUMHumana appoints Cynthia Zipperle as Chief Accounting Officer
Subscribe for More Information
07:40 EDTWLPExpress Scripts price target raised to $96 from $82 at UBS
Subscribe for More Information
December 12, 2014
13:52 EDTUNH, HUM, AETLeerink healthcare services analyst holds an analyst/industry conference call
Subscribe for More Information
08:46 EDTAETAetna price target raised to $103 from $92 at Credit Suisse
Credit Suisse raised Outperform rated Aetna's price target to $103 based on updated guidance and longer term growth opportunities.
08:03 EDTAETAetna 2015 EPS guidance cautious, says Wells Fargo
Subscribe for More Information
December 11, 2014
08:50 EDTAETAetna sees operating EPS highest in 1Q15
Subscribe for More Information
December 10, 2014
17:04 EDTAETAetna sees FY15 operating EPS at least $6.90, consensus $7.17
Sees FY15 operating revenue at least $62B, consensus $61.68B. Guidance to be confirmed at investor conference in New York on December 11.
17:02 EDTAETAetna backs FY14 operating EPS $6.60-$6.70, consensus $6.68
Subscribe for More Information
16:29 EDTHNTHealth Net to reaffirm 2014 guidance at investor meetings
Subscribe for More Information
14:45 EDTUNH, CI, WCG, HUM, HNT, AET, WLPDeal would block payments to health insurance companies, The Hill says
Subscribe for More Information
10:56 EDTHUMSaint Luke's enters into agreement with Humana
Saint Luke’s Health System and Humana announced an agreement through which Humana will offer a new health insurance plan to Missourians purchasing insurance through the Missouri Health Insurance Marketplace, also known as an exchange.
December 9, 2014
14:22 EDTAETAetna updates clinical policy for H.P. Acthar Gel
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use