Most Popular Stories
- Cleveland Clinic creates incubator for internal app development
- Low-cost, mini microscope geared toward global health
- Telemedicine pilot for diabetes management has national implications
- MIT security breakthrough may prevent mobile hacks
- White House sponsored meetings connect health providers, innovators
- Increased stress causing hospital CIOs to rethink their job situations
- 2011 Patient Flow Summit
Oct 12-14 — Las Vegas, JW Marriott Resort & Spa
- AMIA Symposium on Biomedical & Health Informatics
Oct. 22-26 — Washington, DC
- IHI's Leading Quality Improvement: Essentials for Managers
Begins October 6, 2011
- IHI Webinar: Improving Access - Reduce Waits & Delays for Care
Begins October 6
FierceHealthPayer provides the latest news about the fast-changing and heavily regulated area of healthcare reimbursement. Join thousands of healthcare plan executives who get FierceHealthPayer via weekly email. Sign up today!
Q1 2011 Earnings Reports - Record Profits for Top Health Insurers
If quarterly earnings are any indication, the health insurance sector is off to a good start in 2011. Some of the largest health insurance companies exceeded Wall Street's expectations and raised full-year profit forecasts. Industry analysts attribute such strong performances to patients' decelerated use of healthcare services.
Consider Cigna: Its Q1 profit soared 52 percent, while Humana increased its profit 22 percent. Both insurers, like their competitors, benefited from a growth in enrollment and revenue and patients' moderate use of medical services.
But not everyone had a stellar quarter. Health Net suffered a $108 million net loss, largely due a $177 million pretax charge from a lawsuit, and $11 million in pretax expenses related to the company’s administrative cost reduction efforts.
For more details on health payers' first quarter earnings, click on the links below...
Home | Subscribe | Advertise | Mobile Edition | RSS | Privacy | Site Map | Editors
THE FIERCEMARKETS NETWORKFierceEnergy | FierceSmartGrid | FierceFinance | FierceFinanceIT | FierceComplianceIT | FierceHealthcare | FierceHealthFinance | FierceHealthIT | Hospital Impact | FierceMobileHealthcare | FierceHealthPayer | FiercePracticeManagement | FierceEMR | FierceCIO | FierceCIO:TechWatch | FierceContentManagement | FierceMobileIT | FierceGovernmentIT | FierceGovernment | FierceHomelandSecurity | FierceBiotech | FierceBiotech Research | FiercePharma | FierceVaccines | FierceBiotechIT | FiercePharma Manufacturing | FierceMedicalDevices | FierceDrugDelivery | FierceIPTV | FierceOnlineVideo | FierceTelecom | FierceEnterpriseCommunications | FierceBroadbandWireless | FierceDeveloper | FierceMobileContent | FierceWireless | FierceWireless:Europe | FierceCable
© 2011 FierceMarkets. All rights reserved.