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eHealth Insider

eHealth Insider Breaking News

CAN MEDAVANT STAY IN BUSINESS? SHARES FALL 40% (March 28, 2007)
Shares in Medavant Healthcare Solutions (Norcross, GA) fell 40% to $3 per share on March 14, reflecting investor concerns that the company may not be able to stay in business.

eHEALTH, SERVICES STOCKS CLIMB 0.5% (March 28, 2007)
eHealth and information services stocks rose 0.5% in the week ended March 23, according to an EHI tally of 20 issues.

SXC LANDS $6.9 MILLION VETERANS PBM CONTRACT (March 28, 2007)
SXC Health Solutions (Lombard, IL) has been awarded a $6.9 million contract to provide pharmacy benefit management and network services to the Dept. of Veterans Affairs, Health Administration Center (HAC) in Denver, CO.

SYSTEMS XCELLENCE POSTS 4Q06 NET OF $3.3 MILLION (March 28, 2007)
System Xcellence (Lisle, IL) reported fourth-quarter 2006 net income of $3.292 million, down 17% from the same period a year earlier, on revenues of $22.012 million, up 33%.

CLAIMSNET NAMES GARY AUSTIN PRESIDENT (March 28, 2007)
Claimsnet.com (Dallas) has named Gary Austin president.

eHEALTH, SERVICES STOCKS SINK 2.4% (March 28, 2007)
eHealth and information services stocks fell 2.4% in the week ended March 16, according to an EHI tally of 20 issues.

QUOVADX POSTS 2006 NET LOSS ON LEGAL SETTLEMENT (March 28, 2007)
Quovadx Inc. (Greenwood Village, CO) reported a fourth-quarter 2006 net loss of $4.030 million, compared to net income of $409,000 for the same period a year earlier.

HEALTHAXIS TRIMS NET LOSS (March 28, 2007)
Healthaxis (Irving, TX) reported a fourth-quarter 2006 net loss of $115,000, down from a net loss of $457,000 for the same period a year earlier.

CLAIMSNET REPORTS ’06 NET LOSS (March 28, 2007)
Claimsnet (Dallas) reported a 2006 net loss of $389,000, compared to a net loss of $279,000 for the same period a year earlier.

eHEALTH, SERVICES STOCKS CLIMB 1.2% (March 28, 2007)
eHealth and information services stocks rose 1.2% in the week ended March 9, according to an EHI tally of 20 issues.

eRX COLLABORATIVE TRANSMITS 4.5+ MILLION SCRIPTS IN ‘06 (March 28, 2007)
eRx Collaborative (Boston) said that more than 4.5 million electronic prescriptions have been transmitted by its various affiliated physicians and providers.

SXC RENEWS MEMBER HEALTH CONTRACT (March 28, 2007)
SXC Health Solutions (Lombard, IL) said it has renewed a contract to provide pharmacy benefit management information technology services to MemberHealth Inc. (Solon, OH).

eHEALTH, SERVICES STOCKS SINK 3.5% (March 28, 2007)
eHealth and information services stocks dropped 3.5% in the week ended March 2, according to an EHI tally of 20 issues.

eHEALTH INC. JUMPS ON SOLID FINANCIAL RESULTS (February 20, 2007)
Shares in eHealth Inc. (Mountain View, CA)—the nation’s leading online broker of health insurance—rose 13% last week after the company reported big gains in revenues and profits for the fourth-quarter of 2006.

eHEALTH, SERVICES STOCKS SLIP 0.5% (February 20, 2007)
eHealth and information services stocks fell 0.5% in the week ended Feb. 16, according to an EHI tally of 20 issues.




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