317.74 0.00 (0.00%)
After hours: 4:16PM EST
|Bid||317.60 x 800|
|Ask||317.72 x 800|
|Day's Range||317.51 - 324.87|
|52 Week Range||220.63 - 325.00|
|Beta (3Y Monthly)||0.90|
|PE Ratio (TTM)||25.54|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The administration on Nov. 26 ousted Louisville-based Passport Health Plan and the Kentucky entity of Indianapolis-based Anthem Inc., which administer Medicaid benefits to nearly 500,000 Kentuckians.
Humana (HUM) and Anthem (ANTM) are poised to grow in the thriving health insurance industry. On a comparative evaluation, we try to discover which is a more profitable bet based on the fundamentals.
WellCare (WCG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Centene Corporation (NYSE:CNC) ("Centene") announced today the extension of the expiration date of the offers to exchange (the "Exchange Offers") notes (the "WellCare Notes") issued by WellCare Health Plans, Inc. (NYSE:WCG) ("WellCare") for up to $1,950,000,000 aggregate principal amount of new notes to be issued by Centene (the "Centene Notes") and cash and the related consent solicitations (the "Consent Solicitations") being made by Centene on behalf of WellCare to adopt certain proposed amendments (the "Amendments") to the indentures governing the WellCare Notes. Centene hereby extends such expiration date from 5:00 p.m., New York City time, on December 2, 2019, to 5:00 p.m., New York City time, on December 18, 2019 (as the same may be further extended, the "Expiration Date").
Health insurer Centene Corp said on Monday it had entered an agreement to sell its Illinois unit to CVS Health Corp, moving a step closer to closing its $15.27 billion deal to buy smaller rival WellCare Health Plans Inc. Centene expects to scale up its government-backed Medicare and Medicaid businesses with the WellCare deal, but in some states Medicaid divestitures may be required, such as Georgia and Illinois, Wall Street analysts had pointed out. In September, following the U.S. Department of Justice's demand for additional information regarding the merger, WellCare agreed to sell its Missouri and Nebraska Medicaid plan units due to significant overlap in business in the states with Centene.
Centene Corporation (NYSE: CNC) ("Centene") and CVS Health (NYSE: CVS) announced today that, in connection with the previously announced merger agreement between Centene and WellCare Health Plans, Inc. (NYSE: WCG), Centene has entered into a definitive agreement under which CVS Health will acquire Centene's Illinois health plan subsidiary, IlliniCare Health Plan, Inc. ("IlliniCare"). The transaction entails the sale of Centene's Medicaid and Medicare Advantage lines of business in Illinois.
Wellcare, Occidental, Six Flags, Dropbox and Zoom Video highlighted as Zacks Bull and Bear of the Day
The state has nixed two benefit administrators for 426,000 Medicaid enrollees, marking a multibillion dollar shift in Kentucky's managed-care market.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through November 22nd. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 52% and 49% respectively. Hedge funds' top 3 stock picks returned 39.1% this year and beat the S&P […]
Stocks of health care providers and health insurers are rallying after Sen. Elizabeth Warren said Friday that she plans to hold off on Medicare for All legislation until the third year in her presidential term.