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Managed Healthcare

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CVS Health signs five-year agreement with Anthem

Wednesday, 18 Oct 2017

Oct 18 (Reuters) - CVS Health Corp ::CVS Health signs five-year agreement with anthem, inc. To provide services to support ingeniorx.CVS Health - ‍expects to incur implementation costs related to transition of members; costs expected to be immaterial to 2017 results​.CVS Health Corp -‍ CVS caremark will manage certain services for ingeniorx, including claims processing and prescription fulfillment​.CVS Health Corp - ‍new agreement, which goes into effect on January 1, 2020, runs through December 31, 2024​.

Humana expands Medicare advantage offerings in New Hampshire

Tuesday, 17 Oct 2017

Oct 17 (Reuters) - Humana Inc ::Humana expands Medicare advantage offerings in New Hampshire.Humana - ‍Expanded health plan choices for Medicare beneficiaries in 6 new Hampshire counties.

UnitedHealth reports Q3 adjusted net earnings of $2.66 per share

Tuesday, 17 Oct 2017

Oct 17 (Reuters) - UnitedHealth Group Inc : :UnitedHealth Group Inc - Third quarter revenues grew 9% year-over-year to $50.3 billion‍​.UnitedHealth Group Inc - Qtrly net earnings of $2.51 per share grew 24% year-over-year‍​ ‍​.UnitedHealth Group Inc qtrly adjusted net earnings of $2.66 per share.Q3 earnings per share view $2.56, revenue view $50.37 billion -- Thomson Reuters I/B/E/S.UnitedHealth Group Inc - Now expects 2017 GAAP net earnings to approach $9.45 per share, 2017 adjusted net earnings to approach $10.00 per share‍​.UnitedHealth Group Inc - Third quarter 2017 consolidated medical care ratio of 81.4 percent increased 110 basis points year-over-year‍​.FY2017 earnings per share view $9.88 -- Thomson Reuters I/B/E/S.

Molina Healthcare names Joseph Zubretsky as CEO

Tuesday, 10 Oct 2017

Oct 10 (Reuters) - Molina Healthcare Inc :Molina Healthcare names Joseph M. Zubretsky president & Chief Executive Officer.Molina Healthcare Inc - ‍ Zubretsky will also be appointed as a member of board of directors when he joins company​.Molina Healthcare Inc - ‍zubretsky will succeed interim Chief Executive Officer, Joseph W. White​.Molina Healthcare Inc - ‍White will remain with Molina Healthcare in his role as Chief Financial Officer​.

Magellan Health Inc receives regulatory approvals to acquire Senior Whole Health

Monday, 9 Oct 2017

Oct 9 (Reuters) - Magellan Health Inc :Magellan Health Inc receives regulatory approvals to acquire Senior Whole Health.Magellan Health Inc - ‍Magellan now expects closing of agreement to acquire Senior Whole Health on or before December 31, 2017.​.

Centene provides contract update on Illinois unit

Tuesday, 15 Aug 2017

Aug 15 (Reuters) - Centene Corp :Centene's illinois subsidiary selected for medicaid managed care program contract and youth in care contract.Centene corp - new four-year agreement, with option to renew contract for up to an additional four years, is expected to commence on january 1, 2018..

Cigna Corp Q2 adjusted operating earnings per share $2.91

Friday, 4 Aug 2017

Aug 4 (Reuters) - Cigna Corp :Cigna reports strong second quarter 2017 results, raises outlook.Q2 adjusted operating earnings per share $2.91.Q2 revenue $10.3 billion versus I/B/E/S view $10.27 billion.Q2 earnings per share view $2.48 -- Thomson Reuters I/B/E/S.Q2 earnings per share $3.15.Sees FY 2017 adjusted operating earnings per share $9.75 to $10.05.Cigna Corp sees ‍2017 total revenue growth 3% to 4%​.Cigna Corp - sees 2017 total government medical care ratio ‍84.5% to 85.5%​.Cigna Corp sees FY total commercial medical care ratio ‍80.5% to 81.5%​.Cigna Corp - sees 2017 global health care operating expense ratio ‍20.5% to 21.5%​.Cigna Corp qtrly global health care net medical costs payable was approximately $2.59 billion at June 30, 2017 and $2.26 billion at December 31, 2016‍​.Cigna Corp sees 2017 ‍global medical customer growth between 500,000 to 600,000 customers​.Cigna Corp - ‍Q2 2017 shareholders' net income included a special item benefit of $47 million after-tax, or $0.18 per share​.Cigna Corp - ‍Q2 2017 shareholders' net income included a special item associated with terminated merger agreement with Anthem​.FY2017 earnings per share view $9.79, revenue view $41.10 billion -- Thomson Reuters I/B/E/S.

Cigna says CMS lifts marketing and enrollment sanctions imposed in Jan

Friday, 16 Jun 2017

June 16 (Reuters) - Cigna Corp :Cigna Corp says it received notification from the Centers for Medicare & Medicaid Services that marketing and enrollment sanctions imposed by CMS on Jan 21, have been lifted.Cigna Corp - Effective immediately, co may resume marketing of its Medicare Advantage-prescription drug and Medicare Part D plans ‍​.Cigna - Based on final Medicare star ratings for 2018 payment year, expect about 60% of Medicare Advantage customers will be in 4 star or greater plan.Cigna Corp says co may begin enrolling beneficiaries for its plans with effective dates beginning July 1, 2017‍​ - SEC filing.

Humana says individual medicare advantage membership up 1.2 pct from March 31, 2016 to March 31, 2017

Wednesday, 3 May 2017

May 3 (Reuters) - Humana Inc ::Individual medicare advantage membership increased 32,500 members, or 1.2%, from March 31, 2016 to March 31, 2017 - SEC filing.Group medicare advantage membership increased 81,900, or 23.5%, from March 31, 2016 to March 31, 2017 - SEC filing.

UnitedHealth announces extension of exchange offer to acquire Surgical Care Affiliates

Friday, 17 Mar 2017

Unitedhealth Group Inc : Unitedhealth group announces extension of exchange offer to acquire surgical care affiliates, inc. .Unitedhealth group inc - exchange offer, which was scheduled to expire on march 21, been extended until 12:01 a.m., on friday, march 24, 2017.

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