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Search Results for: Health Net

GAO Denies 9 Bid Protests of DHA Tricare Contract Awards to Humana, Health Net

The Government Accountability Office has dismissed nine protests filed by health insurers Health Net,  UnitedHealth Military and Veterans and Wellpoint to challenge the Defense Health Agency’s Tricare services contract awards worth approximately $58 billion,  Federal News Radio reported Tuesday. Jared Serbu writes GAO’s decision paves the way for Humana (NYSE: HUM) and Health Net’s …

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Health Net, UnitedHealth, Anthem Subsidiaries Challenge DHA’s Tricare Contract Awards

Subsidiaries of Health Net, UnitedHealth Group (NYSE: UNH) and Anthem (NYSE: ANTM) have filed protests with the Government Accountability Office to dispute the Defense Health Agency’s Tricare services contract awards, Federal News Radio reported Monday. Health Net and Humana (NYSE: HUM) won separate contracts in July to provide managed care services …

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Military Times: UnitedHealthcare Protests DHA’s Tricare Contract Awards to Humana, Health Net

UnitedHealthcare (NYSE: UNH) has filed a protest with the Government Accountability Office to dispute the Defense Health Agency’s award of Tricare services contracts to Humana (NYSE: HUM) and Health Net, Military Times reported Tuesday. DHA selected Humana and Health Net in July for separate contracts to provide health services to Tricare program beneficiaries in the …

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DHA Taps Humana, Health Net for Tricare Managed Care Support Contracts

Humana (NYSE: HUM) and Health Net (NYSE: HNT) have won separate contracts from the Defense Health Agency to deliver managed care support services to the Military Health System under the Tricare program. Each of the cost-plus-fixed-fee contracts awarded to Humana’s government business and Health Net’s federal services business contains a base …

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March 23 Market Close: GovCon Index Weighed by Commodity Declines, Health Net Up 4% on Centene Deal Approval

The GovCon Index stumbled from the open to close at a loss of 0.279 points to 75.052 as U.S. stock declines mirrored a fall in commodities such as oil and investors continued to speculate over when the next interest rate increases could occur. Los Angeles-based health insurance provider Health Net (NYSE: HNT) …

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Health Net 3Q Earnings Meet Wall Street Forecasts; Gov’t Contracts Revenue Up 14%

Health Net (NYSE: HNT) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported third quarter earnings of 96 cents per share to meet the consensus forecast of Wall Street analysts and exceed prior year figures by 24 cents. Third quarter profit 3.22 percent year-over-year to $60.25 million and revenue …

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Centene, Health Net Shareholders Approve $6.3B Combination

Shareholders at healthcare services providers Centene (NYSE: CNC) and Health Net (NYSE: HNT) have separately approved the deal originally announced in July for Centene to purchase Health Net for $6.3 billion in cash and stock. Eighty-five percent of all outstanding shares in Centene voted in favor of the transaction and 78 percent of outstanding shares …

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Centene to Buy Health Net for $6.3B in Cash, Stock; Michael Neidorff Comments

St. Louis-based health insurer Centene (NYSE: CNC) has agreed to purchase managed healthcare services contractor Health Net (NYSE: HNT) for $6.3 billion in cash and stock and will also assume $500 million in debt. Centene said Thursday the price of the deal is $78.57 per share, which represents a premium of 21 percent over the …

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Health Net Gov’t Contract Revenue Jumps 7% in 1Q, Total Sales Up 28%

Health Net (NYSE: HNT) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has announced financial results for the first quarter of its 2015 fiscal year ended March 31, 2015. The Los Angeles-based managed healthcare services company said its revenue from government contracts increased 7.37 percent from the prior year period …

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Billy Maynard to Join Health Net as Federal Services Group President

Billy Maynard, formerly a partner at professional services firm InfiniTek, will join Health Net on May 1 as president of the company’s federal services business unit. He succeeds Thomas Carrato, who will retire after three years in leadership of the unit, Health Net said Tuesday. Maynard has managed InfiniTek’s strategic programs …

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