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Stock Market & Financial Investment News

News Breaks
May 27, 2014
10:30 EDTWCG, CNCWellCare may be in talks with Ascension Health, says Leerink
Leerink notes that according to Modern Healthcare, not-for-profit Hospital and Health system Ascension Health referred to being in talks on a possible deal with an unnamed 18-state health insurer. Leerink believes the unnamed insurer is most likely WellCare (WCG), which is in 18 states with Managed Medicaid and Medicare Advantage. The firm thinks Centene (CNC) is also a possibility. Leerink says it is more positive on shares of WellCare and Centene as it believes any deal could catalyze more Hospital-Health plan transactions. Shares of WellCare and Centene are moving higher in early trading.
News For WCG;CNC From The Last 14 Days
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October 16, 2014
08:37 EDTWCGWellCare receives NCQA quality accreditation for Medicaid, Medicare plans in KY
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October 8, 2014
09:27 EDTCNCCentene receives pacts from 15 of 17 applicable states for HIF reimbursement
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