Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  WellCare Health Plans, Inc.    WCG

Delayed Quote. Delayed  - 07/28 04:27:54 pm
106.2399 USD   -0.01%
03:15pWELLCARE HEALTH : half-yearly earnings release
07/27 WELLCARE HEALTH : Missouri Care Signs Agreements with BJC HealthCare..
07/22 WELLCARE HEALTH : Names Ryan Randall COO, Georgia
News SummaryMost relevantAll newsSector news 

WellCare Health Plans, Inc. : WellCare's 'Ohana Health Plan Selected to Serve Hawaii's Quest Medicaid Program

share with twitter share with LinkedIn share with facebook
share via e-mail
01/23/2012 | 11:44pm CEST

Tampa, Florida (January 23, 2012) - WellCare Health Plans, Inc. (NYSE: WCG) today announced that the Hawai'i Department of Human Services awarded 'Ohana Health Plan ('Ohana), a health plan offered by WellCare Health Insurance of Arizona, Inc., a contract to serve Hawaii's QUEST Medicaid program.

'Ohana is one of five health plans selected to serve approximately 230,000 beneficiaries across the state. Beneficiaries of the QUEST program include low-income individuals, families and children who are not aged, blind or disabled. Services are expected to begin on or about July 1, 2012, and 'Ohana will coordinate medical, behavioral and pharmacy services with a focus on improving health care access and the quality of care. The award is conditioned on the execution of a definitive contract.

'Ohana currently serves approximately 26,000 Hawai'i residents through its Aged, Blind, and Disabled Medicaid and Medicare Advantage Plans.

About WellCare Health Plans, Inc.

WellCare Health Plans, Inc. provides managed care services targeted to government-sponsored health care programs, focusing on Medicaid and Medicare. Headquartered in Tampa, Florida, WellCare offers a variety of health plans for families, children, and the aged, blind, and disabled, as well as prescription drug plans. The company served approximately 2.4 million members nationwide as of September 30, 2011. For more information about WellCare, please visit the company's website at www.wellcare.com.

Cautionary Statement Regarding Forward-Looking Statements

This news release contains "forward-looking" statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions are forward-looking statements. The company's financial outlook contains forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties that may cause WellCare's actual future results to differ materially from those projected or contemplated in the forward-looking statements. These risks and uncertainties include, but are not limited to, WellCare's progress on top priorities such as improving health care quality and access, ensuring a competitive cost position, and delivering prudent, profitable growth.

Additional information concerning these and other important risks and uncertainties can be found under the captions "Cautionary Statement Regarding Forward-Looking Statements" and "Risk Factors" in the company's Annual Report on Form 10-K for the year ended December 31, 2010, and other subsequent filings by WellCare with the U.S. Securities and Exchange Commission, which contain discussions of WellCare's business and the various factors that may affect it. WellCare undertakes no duty to update these forward-looking statements to reflect any future events, developments, or otherwise.

Investor relations
Gregg Haddad

Media relations
Denise Malecki

share with twitter share with LinkedIn share with facebook
share via e-mail
03:15pWELLCARE HEALTH PLANS, INC. : half-yearly earnings release
07/27 WELLCARE HEALTH PLANS : Missouri Care Signs Agreements with BJC HealthCare and W..
07/22 WELLCARE HEALTH PLANS : Names Ryan Randall COO, Georgia
07/22 WELLCARE HEALTH PLANS : Missouri Care Sponsors 2016 Show-Me State Games
07/21 WELLCARE HEALTH PLANS : Receives NCQA Quality Accreditation for Its Medicare Adv..
07/19 U.S. antitrust officials set to challenge Anthem, Aetna deals - source
07/19 WELLCARE HEALTH PLANS : of Texas Launches Field-Based Care Management Program
07/18 WELLCARE HEALTH PLANS : Supports New York Mets' Junior Mets Baseball Clinics
07/15 WELLCARE HEALTH PLANS : 'Ohana Health Plan Names Dr. Ed G. Fess Medical Director
07/15 WELLCARE HEALTH PLANS : Opens New Community Center in Buffalo, New York
More news
Sector news : Managed Healthcare - NEC
08:48aDJANTHEM : Turns Less Bullish On Exchanges -- WSJ
07/27DJAlere Faces Criminal Probe Over Medicare, Medicaid Billing
07/27DJANTHEM : Projecting Losses on Affordable Care Act Plans This Year
07/27DJANTHEM : Raises Outlook, Reiterates Cigna Purchase Plans
07/26DJCENTENE : Tops Views on Acquisition Benefits
More sector news : Managed Healthcare - NEC
News from SeekingAlpha
07/11 The REIT Big Bang
07/11 WALL STREET BREAKFAST : Q2 Earnings Season Kicks Off
07/10 WellCare, Centene make offers for Aetna assets
05/22 Tracking Ole Andreas Halvorsen's Viking Global Portfolio - Q1 2016 Update
05/16 Hospital Stocks Are A Value Trap
Financials ($)
Sales 2016 14 074 M
EBIT 2016 524 M
Net income 2016 196 M
Finance 2016 1 644 M
Yield 2016 -
P/E ratio 2016 24,59
P/E ratio 2017 18,29
EV / Sales 2016 0,22x
EV / Sales 2017 0,18x
Capitalization 4 702 M
More Financials
Duration : Period :
WellCare Health Plans, Inc Technical Analysis Chart | WCG | US94946T1060 | 4-Traders
Full-screen chart
Technical analysis trends WELLCARE HEALTH P...
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus HOLD
Number of Analysts 14
Average target price 105 $
Spread / Average Target -1,1%
Consensus details
EPS Revisions
More Estimates Revisions
Kenneth A. Burdick Chief Executive Officer & Director
Christian P. Michalik Chairman
Michael Robert Polen Senior Vice President-Medicare & Operations
Andrew Lynn Asher Chief Financial Officer & Senior Vice President
Michael P. Radu SVP-Clinical Operations & Business Development
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
AETNA INC7.21%40 638
ANTHEM INC-4.00%35 199
HUMANA INC-3.61%25 645
More Results