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Shares of WellCare Health Plans continued to slump Thursday amid reports of the possible departure of its top three executives, and analysts at one Wall Street firm said they are not only expecting the housecleaning, but would not be surprised to see the sale of the company. ...more
January 25, 2008
Shares in WellCare Health Plans continued to drift lower today after a Wall Street Journal blog reported that the company's three top executives were being shown the door. ...more
January 24, 2008
Shares of WellCare Health Plans Inc. were among the market's big gainers Monday after the Tampa-based company announced it received renewal of federal contracts in five states, including Florida, along with permission to expand into hundreds of counties in those states. ...more
January 14, 2008
Shares of WellCare Health Plans Inc. soared today on news that the company has signed contracts to continue to provide Medicare coordinated care plans in Connecticut, Florida, Georgia, Illinois and Louisiana. ...more
January 14, 2008
Shares in WellCare Health Plans rose nearly 10 percent Thursday after an analyst with CIBC World Markets wrote in a report to clients Wednesday that a federal investigation into the Tampa-based insurer is narrowly focused on Florida subsidiaries and doesn't suggest widespread fraud. ...more
January 4, 2008
A television commercial that advocates Medicare Advantage features a Hudson resident who also has addressed Congress about the issue. ...more
December 29, 2007
WellCare Health Plans, the provider of managed care services for the government that had its local headquarters raided by federal and state officials, has adopted a retention plan to help keep key employees on board while the investigation continues. ...more
December 8, 2007
Tampa International Airport ranked No. 1 nationwide in the 2007 Zagat Survey regardingquality of service factors in a poll of 7,498 frequent fliers. The Denver and Minneapolis-St. Paul airports tied for second, Orlando was fourth and Detroit was fifth. New York's LaGuardia Airport finished last, with Miami next to last. Midwest Airlines ranked first in quality among U.S. economy airlines, and Virgin America ranked first among U.S. airlines offering premium service. ...more
November 20, 2007
Federal and state agents had a wide focus in their raid of WellCare Health Plans, seeking evidence of "monetary overpayments" received by the Tampa company from government-sponsored health programs, according to federal court records released Friday. ...more
November 17, 2007
After a favorable earnings report Monday and analysts' forecasts that it will suffer little damage from the health-fraud investigation that became public last month, WellCare Health Plans saw its share price rebound 22 percent Monday in heavy trading. ...more
November 5, 2007
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