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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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February 9, 2016
06:30 EDTWCGWellCare sees FY16 EPS $4.35-$4.60, consensus $4.50
Sees FY16 adjusted premium revenue $13.5B-$13.83B.
06:27 EDTWCGWellCare reports Q4 adjusted EPS 60c, consensus 59c
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February 8, 2016
14:28 EDTWCGNotable companies reporting before tomorrow's open
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February 7, 2016
14:45 EDTWCGLeerink healthcare services analyst holds analyst/industry conference call
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