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Managed Care Companies
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CENTENE COMPLETES OPTICARE MANAGED VISION DEAL
Centene Corp. (St. Louis) said it has completed the previously announced (MHMR, April 30) acquisition of the managed vision business of OptiCare Health Systems Inc. for $7.5 million in cash.
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GA HMO NET INCOME DECLINES 19.3% IN 2005
Georgia HMOs reported 2005 net income of $57.5 million, down 19.3%, on revenues of $3.082 billion, up 0.4%, according to an MHMR tally of state insurance department data.
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MEDICARE PDP LIVES TOP 10 MILLION IN JUNE
Membership in the stand-alone Medicare Part D Prescription Drug Program was 10.34 million as of June 11, 2006, according to data from the Centers for Medicare & Medicaid Services.
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WELLPOINT, SIERRA WIN NV MEDICAID PACTS
WellPoint Inc. (Indianapolis) and Sierra Health Services (Las Vegas, NV) have won contracts to serve Nevada’s Medicaid population, representing about 105,000 lives, with each plan expected to enroll about half the total.
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NY HMO PROFITS INCREASE 29.5% IN 2005
New York HMOs reported net income of $1.097 billion in 2005, up 29.5%, on revenues of $18.785 billion, up 3.4%, according to an MHMR tally of state insurance department data.
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