WellPoint net rises in first results since Braly’s exit
WellPoint Inc., the second-biggest US health insurer, said profit rose 1.2%, in its first earnings report since former chief executive officer Angela Braly left amid complaints about the company's performance. Braly resigned Aug. 28 amid investor unrest about disappointing profits and a stock that lagged behind competitors like UnitedHealth Group Inc., the biggest health plan. The company nonetheless benefited in the quarter from acquisitions she orchestrated, gaining revenue from its new eye wear retailer 1-800-Contacts and new members from CareMore Health Group, an insurer for elderly Medicare patients.
- Providers' Push to Consolidate Roils Payers
- As Retail Clinics Surge, Quality Metrics MIA
- Former NQF Co-Chair Linked to Conflicts of Interest in Journal Probe
- RN Named Chief Patient Experience Officer
- No Employee Satisfaction, No Patient-Centered Culture
- Medicare Cost, Quality Data Tools Weak, Says GAO
- In PCMH, the 'P' is Not for 'Physician'
- Population Health Pays Off for NY Collaborative
- How Simple Data Analytics is Driving Physician Incentives
- Six Not-So-Good Reasons for Avoiding Population Health