|November 7, 2012|
|08:35 EDT||AGP, WLP||Wellpoint still sees Amerigroup deal to close by end of year|
Says state-level approval process moving along "nicely". Comment taken from Q3 earnings conference call.
News For WLP;AGP From The Last 14 Days
|November 14, 2014|
|08:04 EDT||WLP||WellPoint, Boehringer Ingelheim announce first project under collaboration|
Boehringer Ingelheim Pharmaceuticals, WellPoint and HealthCore, announced that the companies are commencing a research project to identify and address unmet medical needs across populations of mutual interest. The first stage of the project will focus on non-valvular atrial fibrillation and will examine disease prevalence, treatment complications, such as hospital readmissions, and the use of evidence-based guidelines. This project is the first under the parties’ five-year research collaboration agreement, signed earlier this year. Information gathered through the NVAF project is intended to provide the basis for the collaborative development of healthcare interventions, which can be evaluated within WellPoint’s affiliated health plans and provider networks.
|November 12, 2014|
|08:58 EDT||WLP||Managed Care earnings risk low from King vs. Burwell, says Leerink|
Leerink believes the Supreme Court decision to the King vs. Burwell case carries low earnings risk for Managed Care companies. The case to determine the legality of Exchange subsidies administered by the Federal Government carries less than 2% and 3% of earnings risk for 2014 and 2015 estimates, respectively, Leerink believes. The firm says Humana (HUM) and Cigna (CI) are currently losing money on Exchanges, and thus could benefit from any Federal Exchange membership loss. Leerink lists Aetna (AET), Centene (CNC), WellPoint (WLP) and Molina Healthcare (MOH) as being most impacted.
|November 11, 2014|
|12:55 EDT||AGP, WLP||Workarounds to likely protect insurers from Supreme Court decision, says Wedbush|
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|November 10, 2014|
|15:53 EDT||WLP||Credit Suisse to hold a conference|
Healthcare Conference is being held in Scottsdale, Arizona on November 10-13 with webcasted company presentations to begin on November 11 at 10:30 am; not all company presentations may be webcasted. Webcast Link
|07:34 EDT||WLP||WellPoint has strong momentum heading into 2015, says UBS|
UBS said WellPoint has strong momentum across all business segments heading into 2015. The firm expects the company's national account business to grow and sees the company having earnings power from the public exchanges, Medicare, and Medicaid. UBS reiterates its Buy rating on WellPoint and raised its price target to $150 from $144.
|November 7, 2014|
|14:14 EDT||AGP, WLP||ACA subsidies look likely to be upheld, says UBS|
After the Supreme Court agreed to hear a lawsuit challenging the government's right to pay ACA subsidies through the federal exchange, UBS says "it seems quite likely" that the subsidies will be upheld. The firm says that most experts expect a majority of justices to adopt the view that the law's intent was to expand coverage as widely as possible. Publicly traded hospital owners include Community Health (CYH), HCA Holdings (HCA), LifePoint Hospitals (LPNT), Tenet (THC) and Universal Health (UHS).Publicly traded health insurers include AMERIGROUP (AGP), Aetna (AET), Centene (CNC), Cigna (CI), Health Net (HNT), Healthspring (HS), Humana (HUM), Molina Healthcare (MOH), UnitedHealth (UNH), WellCare (WCG) and WellPoint (WLP).