Zibb.com: Health Net Incorporated (Industry News & Blogs)

ValuEngine Upgrades Par Pharmaceutical, Health Net, Brinker Int'l...

Wed, 25 Nov 2009 04:04:38 GMT

(Comment on this article at http://www.financialwire.net/2009/11/25/valuengine-upgrades-par-pharmaceutical-health-net-brinker-intl-telecom-argentina-canadian-imperial-bank-to-5-rating/) November 25, 2009 (FinancialWire) (Investrend Research Syndicate) -- ValuEngine, Inc. has upgraded five

Emergent Chaos: Connecticut Attorney General On The March

Mon, 23 Nov 2009 14:33:46 GMT

It's been a bad couple of weeks for residents of Connecticut and their personal health information. First Blue Cross Blue Shield had a laptop stolen with enough PHI that over 800K doctors were notified that their patients were at risk, including almost 19K in Connecticut.

Arizona A.G. Wants Explanation from Health Net

Mon, 23 Nov 2009 14:11:00 GMT

Arizona Attorney General Terry Goddard wants a Connecticut-based insurance company to tell Arizona policyholders whether their personal, medical or financial information was lost or stolen in a ...

Tricare contracts may be re-bid after losing plans protest

Mon, 23 Nov 2009 12:00:00 GMT

About $40 billion in contracts to treat military members and their families might be put back into play.

1.5 million insurance customers' medical, financial data lost in ...

Fri, 20 Nov 2009 19:35:45 GMT

The health, personal, and financial information of about 1.5 million customers of Health Net of the Northeast Inc. was reported missing late last week, six months after the drive containing the data was lost.

Health Net Loses 1.5 Million Medical Records

Fri, 20 Nov 2009 18:02:08 GMT

Another external hard drive goes missing, exposing the medical records and Social Security numbers of thousands of patients.

Health Net says 1.5M medical records lost in data breach

Thu, 19 Nov 2009 18:16:00 GMT

Connecticut-based insurance provider Health Net told state officials that an external hard drive containing personal health and financial data on about 1.5 million customers has been missing for six months.

ASCs in New Jersey Breathe Sighs of Relief: Appellate Division Ma...

Thu, 19 Nov 2009 16:51:01 GMT

On November 17, 2009, the New Jersey Appellate Division affirmed, in an unpublished opinion, a lower court's holding that referrals to ambulatory surgery centers by physician owners prior to enactment of the recent amendment to New Jersey's anti-referral statute (the Codey Law) did not constitute

Health Net healthcare data breach affects1.5 million

Thu, 19 Nov 2009 13:41:31 GMT

Health Net Inc. issued a data security breach notification warning that it was investigating a healthcare data breach after one of its employees lost an external hard drive containing patient data of 1.5 million customers. The healthcare data, which included financial information, Social Security

Problems Surface in Aetna Tricare Deal

Thu, 19 Nov 2009 00:00:00 GMT

GAO points to conflict of interest in Aetna's Tricare bid

Wed, 18 Nov 2009 16:52:50 GMT

Aetna Inc. hired a former high-level Tricare employee with access to proprietary information about Health Net Inc.’s performance that could have given Aetna a competitive edge in its bid for a lucrative military health care contract, the U.S. Government Accountability Office has concluded.

Health Net "neutral," target price raised

Wed, 04 Nov 2009 20:46:31 GMT

NEW YORK, November 4 (newratings.com) - Analysts at Credit Suisse reiterate their "neutral" rating on Health Net (ticker: HNT). The target price has been raised from $15 to $16. [more]

Health Net posts loss, but beats expectations

Tue, 03 Nov 2009 20:39:15 GMT

In the quarter, the company lost $66 million, or 64 cents a share, which includes charges related to the sale of its Northeast U.S. licenses to UnitedHealth Group Inc. Excluding the charges, the company would have earned 67 cents a share, above estimates of 61 cents a share.

Health Net results exceed forecasts

Tue, 03 Nov 2009 16:56:51 GMT

WOODLAND HILLS, Calif. (Reuters)—Regional health insurer Health Net Inc. reported Tuesday adjusted quarterly earnings that beat expectations, helped by strong sales in the western United States and lower administrative costs.

UPDATE 1-Health Net results exceed forecasts

Tue, 03 Nov 2009 14:19:12 GMT

* Third-quarter adjusted profit beats forecasts by 6 cents * Revenue rises 3.9 percent to $4 billion * Narrows estimate range for full-year earnings CHICAGO, Nov 3 (Reuters) - Regional health insurer

URAC's HIPAA Privacy Accreditation Awarded one more time to Healt...

Mon, 17 Aug 2009 06:00:00 GMT

Health Net Federal Services, LLC, the government operations division of Health Net, Inc. announced it has been awarded HIPAA Privacy re-accreditation from URAC, a Washington, D.C.-based health care accrediting organization that establishes quality standards for the industry. Health Net Federal

Health Net profit falls, misses estimates

Tue, 04 Aug 2009 18:24:50 GMT

In the quarter, the company earned $40.1 million, or 38 cents a share, which includes restructuring charges of 11 cents a share. Even excluding the charges, the company came in below analyst estimates of 53 cents a share. In the second quarter of 2008, the company earned $76.

Health Net 2Q Earnings Down 48% On Charges, Costs - Wall Street J...

Tue, 04 Aug 2009 16:32:18 GMT

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Health Net profit off 48%, revenue up 4.5%

Tue, 04 Aug 2009 15:58:00 GMT

Health Net Inc. second-quarter net income fell 48% as declining membership, severance costs and higher medical expenditures whittled away at the managed-health-care giant’s bottom line.

UnitedHealth to buy some Health Net operations - Reuters

Mon, 20 Jul 2009 23:11:37 GMT

* Deal is valued at roughly $510 million * Deal will modestly boost earnings for both companies (Adds details in paragraphs 8-9) NEW YORK, July 17 (Reuters) - Insurer UnitedHealth Group Inc

UnitedHealthcare buys some Health Net subsidiaries

Mon, 20 Jul 2009 23:07:20 GMT

Managed care provider UnitedHealth Group Inc. said Monday it will pay about $510 million to buy rival Health Net Inc.'s operations in the northeastern U.S., which include 578,000 members in Connecticut, New York and New Jersey and are expected to generate 2009 revenue of about $2.7 billion.

UnitedHealthcare buys some Health Net subsidiaries

Mon, 20 Jul 2009 23:07:28 GMT

CIGNA Expands Regional Network - Insurance Business Review : News

Fri, 17 Jul 2009 00:00:00 GMT

CIGNALinks program is expected to provide care in countries and regions where government regulations or tax implications may present barriers

Moody's Reviews Health Net For Possible Downgrade

Wed, 15 Jul 2009 18:54:00 GMT

SAN FRANCISCO -- Moody's Investors Service on Wednesday placed Health Net Inc.'s Ba3 senior debt ratings under review for possible downgrade following the announcement that Health Net Federal Services was not awarded a renewal of its Tricare managed care contract for the North region.

Humana, Health Net shares drop after contract loss - The Associat...

Tue, 14 Jul 2009 19:40:35 GMT

LOUISVILLE, Ky. (AP) — Shares of Humana Inc. and Health Net Inc. tumbled Tuesday, a day after the Pentagon decided against renewing lucrative regional military health insurance contracts with both companies. Humana's shares were down $2.39, or 7.8 percent, at $28.