|Day's Range||182.11 - 184.07|
|52 Week Range||105.16 - 184.88|
|PE Ratio (TTM)||30.25|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
WellCare Health Plans Inc. has promoted a doctor on its staff to senior vice president and chief medical officer. Dr. Mark Leenay, who has worked at WellCare for nearly a year, will become part of the company’s executive leadership team in his new role, a press release said. WellCare (WCG), a health insurance company headquartered in Tampa that provides managed care for government-sponsored programs including Medicaid and Medicare, has not had a single individual serving as chief medical officer since April 2016, when Dr. Steven Goldberg, the former CMO, left the company.
Community Health Systems recently inked a deal with HCA Healthcare to sell 103-bed Weatherford Regional Medical Center in Texas and its associated assets to the latter.
Ongoing debate about the future of health insurance propelled two Tampa Bay companies to the top of the list of best performing stocks in the first half of 2017. WellCare Health Plans Inc. (WCG), a Tampa-based managed care provider for Medicaid and Medicare, had a 29.7 percent increase in stock price between Jan. 3 and June 30. Health Insurance Innovations Inc. (HIIQ), a Tampa company that develops, distributes and administers cloud-based individual health and family insurance plans and supplemental products, posted a 27.7 percent stock price rise in the same time period.