Last €37.31 EUR
Change Today +1.77 / 4.98%
Volume 0.0
FHS On Other Exchanges
Symbol
Exchange
Munich
As of 11:52 AM 10/21/14 All times are local (Market data is delayed by at least 15 minutes).

health net inc (FHS) Snapshot

Open
€35.63
Previous Close
€35.54
Day High
€37.31
Day Low
€35.59
52 Week High
10/21/14 - €37.31
52 Week Low
12/20/13 - €19.93
Market Cap
3.0B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
80.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for HEALTH NET INC (FHS)

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health net inc (FHS) Details

Health Net, Inc. provides managed health care services through health plans and government-sponsored managed care plans in the United States. It operates through Western Region Operations and Government Contracts segments. The company offers various health care services, including ambulatory and outpatient physician care, hospital care, pharmacy services, behavioral health, and ancillary diagnostic and therapeutic services. It also offers health plans, such as a matrix package, which allows employers and members to select their desired coverage from various alternatives; and commercial health care products comprising health maintenance organization plans, preferred provider organization (PPO) plans, point of service plans, and exclusive provider organization (EPO) plans. In addition, the company provides various Medicare products, including Medicare advantage plans with and without prescription drug coverage; and Medicare supplement products that supplement traditional fee-for-service Medicare coverage. Further, the company offers Medicaid and related products; insured PPO, EPO, and indemnity products; auxiliary non-health products, such as life, accidental death and dismemberment, dental, vision, and behavioral health insurance; and other specialty services and products comprising pharmacy benefits, behavioral health, dental, and vision products and services, as well as managed care products for hospitals, health plans, and other entities. Additionally, it is involved in government-sponsored managed care federal contract with the Department of Defense under the TRICARE program; and other health care, mental health, and behavioral health government contracts. The company also provides administrative services comprising provider network management, referral management, medical management, disease management, enrollment, customer service, clinical support service, and claims processing. Health Net, Inc. was founded in 1979 and is based in Woodland Hills, California.

7,565 Employees
Last Reported Date: 03/3/14
Founded in 1979

health net inc (FHS) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.2M
Chief Financial and Operating Officer, Execut...
Total Annual Compensation: $752.0K
President of Government Programs
Total Annual Compensation: $546.4K
Chief Compliance and Administration Officer
Total Annual Compensation: $694.8K
Health Care Services Officer
Total Annual Compensation: $491.0K
Compensation as of Fiscal Year 2013.

health net inc (FHS) Key Developments

Health Net, Inc. Announces Management Changes

Health Net, Inc. announced that James Woys, has been named executive vice president, chief financial and operating officer, and interim treasurer, effective September 2, 2014. This is a new position. Woys has been executive vice president and chief operating officer since November 2007. Previously Woys served as acting chief financial officer from November 2006 through October 2007. The company announced that Joseph C. Capezza, currently executive vice president, chief financial officer and treasurer, will retire as CFO.

Health Net, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter Ended June 30, 2014; Provides Earnings Guidance for the Full Year 2014

Health Net, Inc. reported unaudited consolidated earnings results for the second quarter ended June 30, 2014. For the quarter, the company reported total revenues of $3,421,392,000 compared to $2,738,431,000 a year ago. Income from continuing operations before income taxes was $98,802,000 compared to $33,483,000 a year ago. Income from continuing operations was $33,483,000 or $0.42 diluted per share compared to $5,170,000 or $0.06 diluted per share a year ago. Net income was $120,867,000 or $1.49 diluted per share compared to $33,483,000 or $0.42 diluted per share a year ago. Net cash used in operating activities was $13,750,000 compared to $106,285,000 a year ago. Purchases of property and equipment were $12,519,000 compared to $13,075,000 a year ago. For the full year 2014, the company now expects consolidated revenues to be $14.0 to $14.0 billion, tax rate to be 31.1% to 34.6% compared to previous guidance of 38.0% to 39.0%. The company is maintaining GAAP earnings per diluted share of at least $3.00 for the full year 2014. In effect, the company is increasing pretax income guidance for the combined segments by approximately $12 million for the full year.

Health Net, Inc. Presents at 5th Annual Credit Suisse Small & Mid Cap Conference, Sep-16-2014 10:50 AM

Health Net, Inc. Presents at 5th Annual Credit Suisse Small & Mid Cap Conference, Sep-16-2014 10:50 AM. Venue: The Waldorf Astoria, 301 Park Avenue (between 49th & 50th Streets), New York, New York, United States. Speakers: Jay M. Gellert, Chief Executive Officer, President and Director, Lori Hillman, Investor Relations.

 

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FHS Competitors

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Company Last Change
Centene Corp $82.36 USD +2.32
Magellan Health Inc $57.53 USD +0.84
Molina Healthcare Inc $46.22 USD +0.81
Triple-S Management Corp $21.07 USD +1.02
WellCare Health Plans Inc $62.90 USD +1.17
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Industry Analysis

FHS

Industry Average

Valuation FHS Industry Range
Price/Earnings 15.4x
Price/Sales 0.3x
Price/Book 2.0x
Price/Cash Flow 13.2x
TEV/Sales 0.1x
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