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Stock Market & Financial Investment News

News Breaks
January 23, 2014
05:13 EDTHNTHealth Net, CMS, DHCS complete dual eligible contract for Los Angeles, San Diego
Health Net announced that its wholly owned subsidiary, Health Net Community Solutions, has entered into a contract with the Centers for Medicare & Medicaid Services, or CMS, and the California Department of Health Care Services, or DHCS, for the dual-eligible demonstration in Los Angeles and San Diego counties. Under the terms of the contract, Health Net will provide managed care services in both Los Angeles and San Diego counties under the duals demonstration portion of California’s Coordinated Care Initiative, known as Cal MediConnect. The company expects to begin implementation of its Cal MediConnect coverage in both counties no earlier than April 1. The demonstration is expected to improve care coordination and health outcomes for those who are eligible for both Medi-Cal and Medicare.
News For HNT From The Last 14 Days
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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
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16:11 EDTHNTHealth Net increases existing share repurchase by $258M
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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 EDTHNTLeerink 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 10, 2014
16:29 EDTHNTHealth Net to reaffirm 2014 guidance at investor meetings
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14:45 EDTHNTDeal would block payments to health insurance companies, The Hill says
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