Health Net Expands Palliative Care in California & Oregon - Analyst Blog - NASDAQ.com
31 was $1.2 million, or $0.07 per share, reversing a $200,000 net loss during the same quarter last year and beating the Capital IQ consensus by $0.04 per share. Revenue rose 20.5% over year-ago levels to $18.2 million, exceeding analyst estimates by around $1.33 million. Ophthalmic sales increased 8.9% year-over-year and neurosurgery sales climbed 36.4%. SURG shares were ahead more than 13% at $5.29 apiece, earlier climbing to their best price since April 2012 at $5.50 a share. Over the past 12 months, the stock already had risen nearly 52% before Wednesday's gain. In other sector news, (+) MELA, (+48.6%) American Medical Association advisory panel last month accepts multi-spectral digital analysis of skin lesions by the company's MelaFind system, according to regulatory filing by the company today. more helpful hints Alexander Simring (-) ZGNX, (-27.5%) Confirms sale of its Zohydro pain-killer business to Pernix Therapeutics ( PTX ) for $100 mln plus additional regulatory and commercial milestone payments. Also, Q4 net loss of $0.13 per share is $0.02 wider than estimates. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc. Copyright (C) 2014 MTNewswires.com. <br> Health Care Sector Update for 03/11/2015: SURG,MELA,ZGNX,PTX - NASDAQ.com
As for the programs in Oregon, Health Net has allied with Compass Oncology, and Hospice and Palliative Care Partners. According to World Health Organization, palliative care "is an approach that improves the quality of life of patients and their families facing the problem associated with life-threatening illness, through the prevention and relief of suffering by means of early identification and impeccable assessment and treatment of pain and other problems, physical, psychosocial and spiritual." Thus, it goes without saying that this approach is quite indispensable. This, in fact, is the primary reason that has made the Arizona Palliative Home Care so successful. This program benefited patients by lowering emergency room visits and their stay in the hospital. This prompted Health Net to expand this specialized care program to other regions as well and hence the latest program expansion. Going ahead, such programs are not only expected to boost revenues of Health Net but also enhance its brand value in the health maintenance organization (HMO) space. Health Net holds a Zacks Rank #2 (Buy). Investors interested in the HMO industry may also consider stocks like Aetna Inc. AET , Anthem, Inc. ANTM and Centene Corp. CNC . <br> Health Net Expands Palliative Care in California & Oregon - Analyst Blog - NASDAQ.com
Health Net Launches Palliative Care Programs in California and Oregon after Success in Arizona - Yahoo Finance
Patients in this program experienced improved quality of life, fewer emergency room visits and fewer days in the hospital. Health Nets new palliative care programs are: Palliative care helps to address the challenges that exist when cost meets quality, said Gordon. We believe this approach can help improve the way our health system identifies and delivers care that's needed. Health Nets new palliative care programs in California and Oregon launched on January1, 2015. Follow Health Net Like Health Net on Facebook: https://www.facebook.com/HealthNetInc Follow Health Net on Twitter: https://twitter.com/healthnet Visit Health Net on YouTube: https://www.youtube.com/user/HealthNetInc Connect with Health Net on LinkedIn: http://www.linkedin.com/company/health-net About Health Net Health Net, Inc. ( HNT ) is a publicly traded managed care organization that delivers managed health care services through health plans and government-sponsored managed care plans. Its mission is to help people be healthy, secure and comfortable. Health Net provides and administers health benefits to approximately 6.0 million individuals across the country through group, individual, Medicare (including the Medicare prescription drug benefit commonly referred to as Part D), Medicaid, U.S. Department of Defense, including TRICARE, and Veterans Affairs programs. <br> http://finance.yahoo.com/news/health-net-launches-palliative-care-154900089.html
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