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