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Managed Care Companies
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STOCKER JOINS COVENTRY BOARD
Former Empire Blue Cross Blue Shield chief executive Michael Stocker, M.D., has joined the board of Coventry Health Care (Bethesda, MD). Following the acquisition of Empire BCBS by WellPoint in December 2005, Stocker headed up WellPoint’s east region through April 2007.
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WELLCARE POSTS 3Q08 NET OF $28.66 MILLION
WellCare Health Plans (Tampa, FL) reported net income of $28.66 million in the third quarter of 2009, compared to a net loss of $18.269 million in the same period a year earlier.
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TOP BANKS HAVE $4.3 BILLION IN HSA ASSETS
Twenty-one leading banks had 2.8 million health savings accounts with an estimated $4.319 billion in total deposits as of Sept. 30, 2009, according to a tally by MHMR.
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