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Managed Care Companies
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HEALTH NET CAN EXPECT CALLS TO SPLIT UP, ANALYST SAYS
Health Net (Woodland Hills, CA) continues to under-perform the overall managed care sector, which will likely lead to increased pressure on management to split the company up, according to Oppenheimer analyst Carl McDonald.
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1Q08 MCO NET INCOME FALL 10%
First-quarter 2008 net income among 10 top managed care organizations fell 10% to $3.098 billion on revenues of $74.523 billion, up 8%.
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WELLPOINT TO ACQUIRE DECARE DENTAL
WellPoint Inc. (Indianapolis) announced an agreement to acquired DeCare Dental (Minneapolis), which acts as a third-party administrator of dental benefits for 10 dental plans representing 3.9 million lives and 21,000 group clients.
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