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News Breaks
February 24, 2014
06:41 EDTHUM, WCG, UNH, UAM, CI, AET, HNT, WLPMedicare Advantage proposal worse than bear case, says Leerink
Leerink says CMS late Friday disclosed the 2015 Advance Rate Notice for Medicare Advantage with an all-in rate of down 7.25%. The firm notes the rate is incrementally worse than its bear case expectation of down 7%. Leerink believes the advance rate notice has the most downside impact on 2015 earnings for Humana (HUM), WellCare (WCG), UnitedHealth (UNH) and Universal American (UAM), and it points out that Cigna (CI), Aetna (AET), Health Net (HNT) and WellPoint (WLP) are also exposed.
News For HUM;WCG;UNH;UAM;CI;AET;HNT;WLP From The Last 14 Days
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August 31, 2014
14:00 EDTCIFBR Capital to hold a conference
Healthcare Conference to be held in Boston on September 3.
August 26, 2014
08:30 EDTHNTHealth Net Federal Services receives URAC disease management reaccreditation
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August 24, 2014
21:53 EDTUNHNational Association of Chain Drug Stores to hold an expo
2014 NACDS Total Store Expo to be held in Boston on August 23-25.
August 21, 2014
16:09 EDTCICigna expects to reaffirm FY14 income guidance of $1.94B-$2.0B
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August 20, 2014
08:31 EDTHNTCognizant deal with Health Net has encouraging read through, says Cowen
Cowen noted Cognizant (CTSH) shareholders were concerned over its deal with Health Net (HNT) but noted management feels the deal is a true partnership. The firm feels management's positive comments are encouraging and address the execution and profitability concerns of shareholders. Shares of Cognizant are Outperform rated with a $50 price target.
August 19, 2014
08:32 EDTHNTHealth Net says CFO Joseph Capezza to retire
Health Net announced that James Woys has been named executive vice president, chief financial and operating officer, and interim treasurer, effective September 2. This is a new position. Woys has been executive vice president and COO since November 2007. Previously Woys served as acting CFO from November 2006 through October 2007. The company announced that Joseph C. Capezza, currently executive vice president, CFO and treasurer, will retire as CFO. He will have a consulting contract with the company through year end to assist with transition issues. Capezza has been Health Netís CFO since November 2007.

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