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Stock Market & Financial Investment News

News Breaks
March 25, 2013
08:05 EDTOCR, WCGOmnicare, WellCare partner to improve health outcomes in long-term care market
Omnicare (OCR) and WellCare Health Plans (WCG) announced an agreement to provide Medication Therapy Management services to WellCare beneficiaries residing in long-term care facilities to improve health outcomes. The Affordable Care Act requires prescription drug plan sponsors to offer MTM services to eligible beneficiaries that include, at a minimum, an annual Comprehensive Medication Review that must be furnished person-to-person or using telehealth technologies. The CMR must include a review of the beneficiary's medications, which may result in the creation of a medication action plan with a written or printed summary of the results of the review provided to the targeted beneficiary. Beginning January 1, the offer of the CMR to all eligible beneficiaries includes enrollees who are in the LTC setting.
News For OCR;WCG From The Last 14 Days
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September 24, 2014
06:45 EDTWCGGovernment says more health insurers to enter exchanges in 2015, NY Times says
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September 22, 2014
07:40 EDTWCGWellCare Medicare Advantage margin outlook concerning, says Wedbush
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07:08 EDTOCROmnicare appoints Ashok Singh as Chief Information Officer
Omnicare announced Ashok Singh has been appointed senior vice president, Chief Information Officer effective October 1. Most recently, Singh served as senior vice president, Information Technology for TransUnion Healthcare.
September 19, 2014
06:49 EDTWCGGovernment says 7.3M in private Obamacare plans, NY Times reports
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