Strategic Acquisitions, Charitable Grants, and Improved and Expanded Quality Health Care Services - Research Report on Tenet Healthcare, Aetna, Cigna, WellCare, and Health Net
NEW YORK, October 7, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Tenet Healthcare Corp. (NYSE: THC), Aetna Inc. (NYSE: AET), Cigna Corp. (NYSE: CI), WellCare Health Plans, Inc. (NYSE: WCG), and Health Net, Inc. (NYSE: HNT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Tenet Healthcare Corp. Research Report
On October 1, 2013, Tenet Healthcare Corp. (Tenet Healthcare) announced that it has completed the acquisition of Vanguard Health Systems, Inc. for c.$4.3 billion, or $21.00 per share of Vanguard stock, including the assumption of $2.5 billion of net Vanguard debt. "Through this acquisition, we have significantly increased our scale and expanded the services we offer," said Trevor Fetter, Tenet's President and CEO. "We intend to be a leader in addressing the opportunities in our healthcare system, and we are strongly positioned to drive improvements in quality and value for the millions of people to whom we provide care." The Company informed that Vanguard Health Systems (NYSE:VHS) has ceased trading on the New York Stock Exchange as a result of the closing of this acquisition. The Full Research Report on Tenet Healthcare Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/1d25_THC]
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Aetna Inc. Research Report
On October 1, 2013, Aetna Inc. (Aetna) announced a partnership with the Junior Blind of America, a nonprofit organization dedicated to helping children and adults who are blind, visually impaired or multi-disabled achieve independence. The Company said that the Aetna foundation will award the non-profit organization a $25,000 grant at the organization's annual Children's Halloween Carnival, to be held on October 26, 2013. The funding will allow Junior Blind to offer its healthy living after school program free of charge to both sighted and visually impaired children from low-income families. Commenting on the grant, Garth Graham, M.D., M.P.H., President of the Aetna Foundation said, "We are pleased to support Junior Blind's After School Enrichment Program and help kids in South Los Angeles establish healthy habits at a young age, especially those who have an elevated risk of being overweight or obese." The Full Research Report on Aetna Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/cbe9_AET]
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Cigna Corp. Research Report
On October 1, 2013, Cigna Corp. (Cigna) announced the expansion of its Medicare offerings for 2014 Annual Enrollment to serve the growing aging population. The Company' informed that its 2014 Medicare offerings will include a wide range of health and prescription drug plans, as well as supplemental and special needs plans. It further informed that all plans offer extra benefits not covered under Original Medicare and are designed to help customers better manage their health and limit out-of-pocket medical expenses. Herb Fritch, President of Cigna-HealthSpring, Cigna's seniors business unit said, "Our coordinated team approach to care focuses on prevention to proactively meet each person's health care needs and deliver on the triple aim of improved health, affordability and patient experience." The Full Research Report on Cigna Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/7307_CI]
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WellCare Health Plans, Inc. Research Report
On October 2, 2013, WellCare Health Plans, Inc. (WellCare) announced the expansion of its Medicare Advantage service area with the addition of eight new counties across three states to its 2014 Medicare Advantage service area. With these new additions, WellCare stated that it will offer Medicare Advantage plans in 210 counties in 14 states. Medicare's open enrollment period begins on October 15, 2013 and ends on December 7, 2013. The Company informed that when the open enrollment begins, eligible seniors in Arizona's La Paz, Maricopa and Pima counties; California's Fresno County; and Kentucky's Bullitt, Carroll, Gallatin and Owen counties will be able to select WellCare as their Medicare Advantage plan. The Full Research Report on WellCare Health Plans, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/be48_WCG]
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Health Net, Inc. Research Report
On October 1, 2013, Health Net Inc. (Health net) announced that two of its subsidiaries, Health Net of Arizona, Inc., and Health Net Life Insurance Company are now offering qualified health plans on Arizona's health insurance exchange. "We are committed to providing products and services that are affordable, simple, dependable and local," said Rose Megian, President and CEO of Health Net of Arizona. "And we expect Arizonans will find our coverage to be competitively priced." According to the Company, Health Net's qualified health plans for individuals and their family members, as well as for eligible small businesses, are offered in all 15 Arizona counties through the exchange. The Full Research Report on Health Net, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/6995_HNT]
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