Health Net Inc (HNT) 67.19 $HNT
Sovereign Health Sues Health Net to End Discrimination Against Rehabilitation Providers
PR Newswire - Thu Jul 07, 1:36PM CDT
On June 30, 2016, national behavioral health service provider Sovereign Health filed a lawsuit against Health Net, Inc. and several of the insurer's affiliates (collectively, "Health Net"
for unlawfully refusing to reimburse roughly $55 million in medically necessary services that Sovereign Health rendered to Health Net insureds. According to the complaint, the case is not about an isolated coverage dispute, but rather the insurer's attack against the entire rehabilitation industry. A copy of the complaint is available here.
HNT: 67.19 (+2.38)
Centene Corporation Reports 2016 First Quarter Results & Updates 2016 Guidance
PR Newswire - Tue Apr 26, 5:00AM CDT
Centene Corporation (NYSE: CNC) today announced its financial results for the first quarter ended March 31, 2016. On March 24, 2016, Centene acquired all of the issued and outstanding shares of Health Net, Inc. (Health Net). Our consolidated financial statements as of and for the three months ended March 31, 2016 reflect eight days of Health Net operations. The following discussions, with the exception of cash flow information, are in the context of continuing operations.
CNC: 72.43 (+0.83), HNT: 67.19 (+2.38)
Fitch Downgrades Health Net's Senior Notes to 'BB-' & Affirms 'BBB' IFS Ratings; Outlook Negative
BusinessWire - Fri Mar 25, 11:42AM CDT
Fitch Ratings has downgraded Health Net Inc.'s (HNT) $400 million of 6.375% senior notes due June 1, 2017 to 'BB-' from 'BB'. Fitch has also downgraded HNT's Issuer Default Rating (IDR) to 'BB' from 'BB+' and affirmed the 'BBB' Insurer Financial Strength (IFS) ratings of various Health Net insurance companies. The Rating Outlooks are Negative.
HNT: 67.19 (+2.38)
Hologic, Centene Set to Join the S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
PR Newswire - Thu Mar 24, 4:54PM CDT
S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:
NPBC: 10.72 (+0.08), CNC: 72.43 (+0.83), FR: 28.17 (-0.12), ABMD: 117.76 (+1.82), POM: 26.93 (+5.69), BBT: 36.02 (+0.64), SFBS: 50.39 (+0.69), ESV: 10.80 (+0.92), EXC: 36.43 (+0.03), BANC: 18.99 (+0.24), MHFI: 107.92 (+1.16), HNT: 67.19 (+2.38), HOLX: 35.71 (+0.10)
Centene Completes Acquisition Of Health Net
PR Newswire - Thu Mar 24, 8:02AM CDT
Centene Corporation (NYSE: CNC) today announced that it has completed its acquisition of Health Net, Inc. The closing of the transaction follows the approval of each company's shareholders and receipt of all required regulatory approvals. Effective today with the closing of the acquisition, Health Net is a wholly owned subsidiary of Centene and no longer a publicly traded company.
CNC: 72.43 (+0.83), HNT: 67.19 (+2.38)
Nike and Newmont Mining fall; Pepco, Health Net rise
AP - Wed Mar 23, 3:55PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq stock market:
POM: 26.93 (+5.69), GILD: 86.63 (+0.38), NKE: 58.06 (+1.23), CERU: 2.15 (-0.03), FRED: 15.93 (+0.35), RHT: 73.91 (+1.27), NEM: 39.96 (-1.10), HNT: 67.19 (+2.38)
Watch for Health Net to Potentially Pullback After Gaining 4.57% Yesterday
Comtex SmarTrend(R) - Wed Mar 23, 12:32PM CDT
Health Net (NYSE:HNT) traded in a range yesterday that spanned from a low of $66.34 to a high of $67.81. Yesterday, the shares gained 4.6%, which took the trading range above the 3-day high of $64.92 on volume of 3.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
HNT: 67.19 (+2.38)
After Yesterday's Rally of 4.57% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Wed Mar 23, 12:30PM CDT
Health Net (NYSE:HNT) traded in a range yesterday that spanned from a low of $66.34 to a high of $67.81. Yesterday, the shares gained 4.6%, which took the trading range above the 3-day high of $64.92 on volume of 3.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
HNT: 67.19 (+2.38)
Company News for March 23, 2016
Zacks Equity Research - Zacks Investment Research - Wed Mar 23, 9:10AM CDT
Companies In The News: SUI,CNC,HNT,CSCO,LL
CNC: 72.43 (+0.83), SUI: 75.95 (-1.38), LL: 17.55 (+0.08), CSCO: 29.61 (+0.18), HNT: 67.19 (+2.38)
Centene And Health Net Receive CDI Regulatory Approval
PR Newswire - Wed Mar 23, 5:00AM CDT
Centene Corporation (NYSE: CNC) and Health Net, Inc. (NYSE: HNT) today announced the receipt of approval of Centene's planned merger with Health Net from the California Department of Insurance (CDI).
CNC: 72.43 (+0.83), HNT: 67.19 (+2.38)
Centene And Health Net Receive DMHC Regulatory Approval
PR Newswire - Tue Mar 22, 11:33AM CDT
Centene Corporation (NYSE: CNC) and Health Net, Inc. (NYSE: HNT) today announced the receipt of approval of Centene's planned merger with Health Net from the California Department of Managed Health Care (DMHC).
CNC: 72.43 (+0.83), HNT: 67.19 (+2.38)
Health Net's Operating Results Impress; High Attrition a Drag
Zacks Equity Research - Zacks Investment Research - Mon Mar 14, 2:10PM CDT
On Mar 11, 2016, we issued an updated research report on Health Net, Inc. (HNT).
UNH: 139.86 (-0.46), GTS: 26.30 (+0.69), HNT: 67.19 (+2.38), MOH: 51.15 (+0.25)
Health Net of California Again Earns NCQA Multicultural Health Care Distinction
BusinessWire - Tue Mar 08, 12:00PM CST
Health Net of California, Inc., a subsidiary of Health Net, Inc., has again received the Multicultural Health Care Distinction from the National Committee for Quality Assurance (NCQA), the company announced today.
HNT: 67.19 (+2.38)
Should You Buy Health Net (HNT) Ahead of Earnings?
Zacks Equity Research - Zacks Investment Research - Mon Feb 08, 7:54AM CST
Health Net is poised to beat at earnings season given its favorable Zacks Rank and an ESP in positive territory.
HNT: 67.19 (+2.38)
Centene Corporation Announces Proposed Senior Notes Offering
PR Newswire - Tue Jan 26, 4:21PM CST
Centene Corporation (NYSE: CNC) ("Centene" or the "Company" today announced that its wholly-owned subsidiary, Centene Escrow Corporation (the "Escrow Issuer", intends to offer $2,270,000,000 in aggregate principal amount of senior notes, consisting of senior notes due 2021 and senior notes due 2024 (collectively, the "Notes", subject to market and other conditions. This offering is part of the financing for the proposed acquisition (the "Merger" of Health Net, Inc. by Centene. Upon consummation of the Merger, the Escrow Issuer will merge with and into the Company and the Company will assume the obligations of the Escrow Issuer under the Notes, the related indentures and the other applicable documents by operation of law.
CNC: 72.43 (+0.83), HNT: 67.19 (+2.38)
Health Net Awaits Buyout by Centene, Customer Attrition a Drag
Zacks Equity Research - Zacks Investment Research - Fri Jan 08, 1:57PM CST
We issued an updated research report on Health Net, Inc. (HNT) on Jan 7, 2016.
CNC: 72.43 (+0.83), UNH: 139.86 (-0.46), HNT: 67.19 (+2.38), MGLN: 67.70 (+0.16)
Health Net Gives $235,000 in Charitable Contributions to Help Improve Quality of Medical Care and Services
BusinessWire - Wed Dec 16, 10:00AM CST
Health Net, Inc. is providing a total of $235,000 in charitable grants to 18 primary care physicians in Los Angeles, Kern, San Joaquin, Stanislaus and Tulare counties.
HNT: 67.19 (+2.38)
Health Net Foundation Grants $200,000 to Help Ease the Hopelessness of Homelessness
BusinessWire - Tue Dec 15, 10:00AM CST
Health Net Foundation, Inc., the charitable foundation of Health Net, Inc., is providing grants of $100,000 each to JWCH Institute, Inc. and OPCC to assist in establishing pilot programs aimed at providing inpatient and outpatient care and temporary housing to Los Angeles County homeless patients.
HNT: 67.19 (+2.38)
The Healthcare Revolution for Seniors That Few Are Talking About
Sean Williams, The Motley Fool - Motley Fool - Sun Dec 13, 7:04AM CST
Image source: Pixabay. We have a senior dilemma on our hands, but you may not realize it yet. A growing (older) dilemma On one hand, people are living longer than ever thanks to advancements in medicine, improved access to medical care, and...
UNH: 139.86 (-0.46), UAM: 7.84 (-0.06), HNT: 67.19 (+2.38), HUM: 154.71 (+0.71)
Watch for Health Net to Potentially Pullback After Gaining 1.90% Yesterday
Comtex SmarTrend(R) - Fri Nov 27, 5:02PM CST
Health Net (NYSE:HNT) traded in a range yesterday that spanned from a low of $62.46 to a high of $64.09. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $63.85 on volume of 416,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
HNT: 67.19 (+2.38)
Sovereign Health Sues Health Net to End Discrimination Against Rehabilitation Providers
PR Newswire - Thu Jul 07, 1:36PM CDT
On June 30, 2016, national behavioral health service provider Sovereign Health filed a lawsuit against Health Net, Inc. and several of the insurer's affiliates (collectively, "Health Net"
for unlawfully refusing to reimburse roughly $55 million in medically necessary services that Sovereign Health rendered to Health Net insureds. According to the complaint, the case is not about an isolated coverage dispute, but rather the insurer's attack against the entire rehabilitation industry. A copy of the complaint is available here. HNT: 67.19 (+2.38)
Centene Corporation Reports 2016 First Quarter Results & Updates 2016 Guidance
PR Newswire - Tue Apr 26, 5:00AM CDT
Centene Corporation (NYSE: CNC) today announced its financial results for the first quarter ended March 31, 2016. On March 24, 2016, Centene acquired all of the issued and outstanding shares of Health Net, Inc. (Health Net). Our consolidated financial statements as of and for the three months ended March 31, 2016 reflect eight days of Health Net operations. The following discussions, with the exception of cash flow information, are in the context of continuing operations.
CNC: 72.43 (+0.83), HNT: 67.19 (+2.38)
Fitch Downgrades Health Net's Senior Notes to 'BB-' & Affirms 'BBB' IFS Ratings; Outlook Negative
BusinessWire - Fri Mar 25, 11:42AM CDT
Fitch Ratings has downgraded Health Net Inc.'s (HNT) $400 million of 6.375% senior notes due June 1, 2017 to 'BB-' from 'BB'. Fitch has also downgraded HNT's Issuer Default Rating (IDR) to 'BB' from 'BB+' and affirmed the 'BBB' Insurer Financial Strength (IFS) ratings of various Health Net insurance companies. The Rating Outlooks are Negative.
HNT: 67.19 (+2.38)
Hologic, Centene Set to Join the S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
PR Newswire - Thu Mar 24, 4:54PM CDT
S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:
NPBC: 10.72 (+0.08), CNC: 72.43 (+0.83), FR: 28.17 (-0.12), ABMD: 117.76 (+1.82), POM: 26.93 (+5.69), BBT: 36.02 (+0.64), SFBS: 50.39 (+0.69), ESV: 10.80 (+0.92), EXC: 36.43 (+0.03), BANC: 18.99 (+0.24), MHFI: 107.92 (+1.16), HNT: 67.19 (+2.38), HOLX: 35.71 (+0.10)
Centene Completes Acquisition Of Health Net
PR Newswire - Thu Mar 24, 8:02AM CDT
Centene Corporation (NYSE: CNC) today announced that it has completed its acquisition of Health Net, Inc. The closing of the transaction follows the approval of each company's shareholders and receipt of all required regulatory approvals. Effective today with the closing of the acquisition, Health Net is a wholly owned subsidiary of Centene and no longer a publicly traded company.
CNC: 72.43 (+0.83), HNT: 67.19 (+2.38)
Nike and Newmont Mining fall; Pepco, Health Net rise
AP - Wed Mar 23, 3:55PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq stock market:
POM: 26.93 (+5.69), GILD: 86.63 (+0.38), NKE: 58.06 (+1.23), CERU: 2.15 (-0.03), FRED: 15.93 (+0.35), RHT: 73.91 (+1.27), NEM: 39.96 (-1.10), HNT: 67.19 (+2.38)
Watch for Health Net to Potentially Pullback After Gaining 4.57% Yesterday
Comtex SmarTrend(R) - Wed Mar 23, 12:32PM CDT
Health Net (NYSE:HNT) traded in a range yesterday that spanned from a low of $66.34 to a high of $67.81. Yesterday, the shares gained 4.6%, which took the trading range above the 3-day high of $64.92 on volume of 3.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
HNT: 67.19 (+2.38)
After Yesterday's Rally of 4.57% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Wed Mar 23, 12:30PM CDT
Health Net (NYSE:HNT) traded in a range yesterday that spanned from a low of $66.34 to a high of $67.81. Yesterday, the shares gained 4.6%, which took the trading range above the 3-day high of $64.92 on volume of 3.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
HNT: 67.19 (+2.38)
Company News for March 23, 2016
Zacks Equity Research - Zacks Investment Research - Wed Mar 23, 9:10AM CDT
Companies In The News: SUI,CNC,HNT,CSCO,LL
CNC: 72.43 (+0.83), SUI: 75.95 (-1.38), LL: 17.55 (+0.08), CSCO: 29.61 (+0.18), HNT: 67.19 (+2.38)
Centene And Health Net Receive CDI Regulatory Approval
PR Newswire - Wed Mar 23, 5:00AM CDT
Centene Corporation (NYSE: CNC) and Health Net, Inc. (NYSE: HNT) today announced the receipt of approval of Centene's planned merger with Health Net from the California Department of Insurance (CDI).
CNC: 72.43 (+0.83), HNT: 67.19 (+2.38)
Centene And Health Net Receive DMHC Regulatory Approval
PR Newswire - Tue Mar 22, 11:33AM CDT
Centene Corporation (NYSE: CNC) and Health Net, Inc. (NYSE: HNT) today announced the receipt of approval of Centene's planned merger with Health Net from the California Department of Managed Health Care (DMHC).
CNC: 72.43 (+0.83), HNT: 67.19 (+2.38)
Health Net's Operating Results Impress; High Attrition a Drag
Zacks Equity Research - Zacks Investment Research - Mon Mar 14, 2:10PM CDT
On Mar 11, 2016, we issued an updated research report on Health Net, Inc. (HNT).
UNH: 139.86 (-0.46), GTS: 26.30 (+0.69), HNT: 67.19 (+2.38), MOH: 51.15 (+0.25)
Health Net of California Again Earns NCQA Multicultural Health Care Distinction
BusinessWire - Tue Mar 08, 12:00PM CST
Health Net of California, Inc., a subsidiary of Health Net, Inc., has again received the Multicultural Health Care Distinction from the National Committee for Quality Assurance (NCQA), the company announced today.
HNT: 67.19 (+2.38)
Should You Buy Health Net (HNT) Ahead of Earnings?
Zacks Equity Research - Zacks Investment Research - Mon Feb 08, 7:54AM CST
Health Net is poised to beat at earnings season given its favorable Zacks Rank and an ESP in positive territory.
HNT: 67.19 (+2.38)
Centene Corporation Announces Proposed Senior Notes Offering
PR Newswire - Tue Jan 26, 4:21PM CST
Centene Corporation (NYSE: CNC) ("Centene" or the "Company"
today announced that its wholly-owned subsidiary, Centene Escrow Corporation (the "Escrow Issuer", intends to offer $2,270,000,000 in aggregate principal amount of senior notes, consisting of senior notes due 2021 and senior notes due 2024 (collectively, the "Notes", subject to market and other conditions. This offering is part of the financing for the proposed acquisition (the "Merger" of Health Net, Inc. by Centene. Upon consummation of the Merger, the Escrow Issuer will merge with and into the Company and the Company will assume the obligations of the Escrow Issuer under the Notes, the related indentures and the other applicable documents by operation of law. CNC: 72.43 (+0.83), HNT: 67.19 (+2.38)
Health Net Awaits Buyout by Centene, Customer Attrition a Drag
Zacks Equity Research - Zacks Investment Research - Fri Jan 08, 1:57PM CST
We issued an updated research report on Health Net, Inc. (HNT) on Jan 7, 2016.
CNC: 72.43 (+0.83), UNH: 139.86 (-0.46), HNT: 67.19 (+2.38), MGLN: 67.70 (+0.16)
Health Net Gives $235,000 in Charitable Contributions to Help Improve Quality of Medical Care and Services
BusinessWire - Wed Dec 16, 10:00AM CST
Health Net, Inc. is providing a total of $235,000 in charitable grants to 18 primary care physicians in Los Angeles, Kern, San Joaquin, Stanislaus and Tulare counties.
HNT: 67.19 (+2.38)
Health Net Foundation Grants $200,000 to Help Ease the Hopelessness of Homelessness
BusinessWire - Tue Dec 15, 10:00AM CST
Health Net Foundation, Inc., the charitable foundation of Health Net, Inc., is providing grants of $100,000 each to JWCH Institute, Inc. and OPCC to assist in establishing pilot programs aimed at providing inpatient and outpatient care and temporary housing to Los Angeles County homeless patients.
HNT: 67.19 (+2.38)
The Healthcare Revolution for Seniors That Few Are Talking About
Sean Williams, The Motley Fool - Motley Fool - Sun Dec 13, 7:04AM CST
Image source: Pixabay. We have a senior dilemma on our hands, but you may not realize it yet. A growing (older) dilemma On one hand, people are living longer than ever thanks to advancements in medicine, improved access to medical care, and...
UNH: 139.86 (-0.46), UAM: 7.84 (-0.06), HNT: 67.19 (+2.38), HUM: 154.71 (+0.71)
Watch for Health Net to Potentially Pullback After Gaining 1.90% Yesterday
Comtex SmarTrend(R) - Fri Nov 27, 5:02PM CST
Health Net (NYSE:HNT) traded in a range yesterday that spanned from a low of $62.46 to a high of $64.09. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $63.85 on volume of 416,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
HNT: 67.19 (+2.38)
