CSIMarket
 
Wellcare Health Plans inc   (WCG)
Other Ticker:  
 
 
Price: $0.0000 $0.00 %
Day's High: 0.00 Week Perf:
Day's Low: $ 0.00 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.00
Volume (M$): $ 0 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) 51
 Employees 6,900
 Revenues (TTM) (Millions $) 26,983
 Net Income (TTM) (Millions $) 631
 Cash Flow (TTM) (Millions $) -1,023
 Capital Exp. (TTM) (Millions $) 224

Wellcare Health Plans Inc
Wellcare Health Plans Inc. is a leading provider of managed care services for government-sponsored healthcare programs in the United States. The company is based in Tampa, Florida and serves approximately4 million members across 50 states and the District of Columbia. Their services primarily focus on Medicaid and Medicare plans, as well as prescription drug plans, Medicare Advantage plans, and other ancillary services.

The company was founded in 1985 as Healthease of Florida, and began as a regional Medicaid health plan. In the years that followed, the company grew steadily, expanding its reach and scope of services. In 2002, the company acquired Wellcare Management Group, a Medicare Advantage plan provider, and subsequently changed its name to Wellcare Health Plans Inc.

Wellcare's services are primarily targeted towards low-income families and individuals who cannot afford traditional healthcare services. They offer a variety of plans that provide coverage for a wide range of services, including doctor visits, hospital stays, prescription drugs, dental and vision care, mental health services, and more. In addition, they also provide care coordination services for individuals with chronic conditions or complex medical needs.

The company has a strong commitment to innovation and technology, and has developed several proprietary tools and programs to improve the quality and efficiency of their services. For example, they have developed a telehealth platform, named Wellcare Now, which allows members to access healthcare services from the comfort of their own homes.

Wellcare has a strong reputation for providing high-quality healthcare services, which has been recognized by numerous industry awards and accolades. In 2019, the company was named to Fortune's list of Most Admired Companies in the Healthcare category.

In 2020, Wellcare was acquired by Centene Corporation, a leading provider of healthcare services in the US. The combined company, now known as Centene, is one of the largest healthcare providers in the country, with a mission to provide affordable and accessible healthcare services to all Americans.


   Company Address: 8735 Henderson Road, Renaissance One Tampa 33634 FL
   Company Phone Number: 290-6200   Stock Exchange / Ticker: NYSE WCG
   


Customers Net Income grew by WCG's Customers Net Profit Margin fell to

22.76 %

2.48 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
AFL        2.02% 
CI        3.24% 
CNC        2.01% 
ELV        0.57% 
HUM   -0.52%    
UNH        0.94% 
• View Complete Report
   



Partnerre Ltd

Partnerre Ltd Posts Impressive Financial Results for October-December 2023 Span

The stock market has been buzzing with excitement as Partnerre Ltd recently announced its financial results for the October to December 31, 2023 span. Investors were delighted to hear that the company reached a zero gain of $0.00 per share, compared to the same period a year ago, and from the prior quarter. While this may not seem like a significant increase on the surface, it is important to note that the company's revenue saw a strong uptick of 59.297% to $9.12 billion.
One of the most impressive aspects of Partnerre Ltd's performance was its net earnings of $2,318.119 million in this span. This marked a significant improvement from a net shortfall of $-1,090.029 million in the corresponding quarter a year ago. The company also highlighted its improving profit margins, with the net margin rising to 25.41% and the operating margin edging up to 28.16%.

Clover Health Investments Corp

Struggling Clover Health Investments Corp faces challenges amidst industry growth

The stock market is an ever-changing landscape, with ups and downs that can sometimes leave investors feeling uncertain. However, there are always opportunities to be found, even in the face of disappointing financial reports. One company that has recently disclosed disappointing figures is the Accident and Health Insurance company. Their most recent fiscal period saw a significant decline in revenue, melting down by -43.229% to $510.25 million. Additionally, the Clover Health Investments Corp posted a net deficit per share of $-0.14, compared to $-0.16 in the previous fiscal quarter.
Despite this downturn, it is important to remember that the Clover Health Investments Corp is not alone in facing challenges. In fact, the Accident and Health Insurance industry as a whole has seen a revenue gain during the same period. This indicates that the issues facing the company may be more specific to their operations, rather than a reflection of the industry as a whole.

The Cigna Group

The Cigna Group's Earnings Soar with $919.00 Million Income Tax Refund

The recent financial results for The Cigna Group have painted a complex picture of the company's performance. While there was a notable increase in revenue, profits took a hit in the most recent fiscal period. This has led to a reduction in earnings per share (EPS), with a decrease of -9.21% to $3.53 per share.
Despite the decline in profits, the company saw an impressive 11.722% increase in revenue to $51.11 billion. This growth in revenue is commendable, especially when compared to the overall 11.64% revenue rise seen in the Accident and Health Insurance industry during the same period. It is clear that The Cigna Group is performing well in terms of revenue generation.

Unitedhealth Group Incorporated

UnitedHealth Group's Fourth Quarter 2023 Earnings See Double Digit EPS Elevation of 16.81%

The UnitedHealth Group Incorporated has reported impressive financial results for the fourth quarter of 2023, with double-digit increases in both revenue and profits. The company reported a revenue of $94.43 billion, which is up by 14.06% year on year and increased by 2.237% quarter on quarter. Net income also saw a significant increase of 15.63% to $5,675.000 million in the fourth quarter of 2023 earnings season, compared to $4,908.000 million reported in the same period a year ago.
Income per share increased by 16.81% to $5.91, but there was a slight decrease of -5.29% in income per share sequentially. The company's operating margin fell to 8.14%, however, the net margin improved to 6.01% in the fourth quarter of 2023. Operating earnings also showed an increase of 11.58% to $7689 million.

Trupanion Inc

Trupanion Inc. Shatters Expectations with Record Revenue Growth in Fiscal Q4 2023

Trupanion Inc, a leading Accident and Health Insurance company, reported its fiscal fourth quarter 2023 financial results, showing significant improvements in various key metrics. The company decreased its loss per share to $-0.05 from $-0.22 a year ago, and also saw a sequential improvement in EPS from $-0.10 in the preceding quarter. Revenue increased rapidly by 20.263% to $295.86 million from $246.01 million in the corresponding quarter a year prior, and sequentially revenue surged by 3.5% from $285.85 million.
In comparison to its Accident and Health Insurance sector contemporaries, Trupanion's top-line improvement in the fourth quarter of 2023 outperformed the industry average of 11.59% revenue elevation during the same period. The company reported a net shortfall of $-2.163 million, an improvement from the deficit of $-9.285 million in the corresponding quarter a year ago. However, operating earnings fell by -48.47% to $19.846 million, resulting in a decrease in operating margin to 6.71% from 15.66% in the fourth quarter of 2022.






 

Wellcare Health Plans Inc's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Wellcare Health Plans Inc does not provide revenue guidance.

Earnings Outlook
Wellcare Health Plans inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com