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WellPoint's shares are down 3.7% in premarket trading this morning, at $58.90 in a 52-week range of $52.51 to $74.73. The consensus target price for the shares was around $69.20 before today's report.
In 1992, WellPoint was formed to operate Blue Cross of California's managed care business. [ 25 ] In January 1993, Blue Cross of California spun off its managed care business into a publicly traded entity, WellPoint Health Networks Inc. Blue Cross of California retained an 80% interest and voting control.
Angela Fick Braly (born July 2, 1961) is an American executive. She served as president and chief executive officer of WellPoint (now Elevance Health), a large U.S.-based provider of health insurance, and was a member of the company's board of directors.
On June 20, 2012, Co-Founder of Fenway Partners, Peter Lamm, was quoted stating “We are very pleased with the outcome of our investment in 1-800 Contacts” after Fenway Partners sold 1-800 Contacts to WellPoint Inc., a health benefits firm, for approximately $900 million. [7] Riddell Sports Group
The uncertainties created by the Affordable Care Act (the ACA or "Obamacare") have affected all of the players in the space, leading to a drive toward consolidation and scale through acquisitions ...
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, health insurer WellPoint (NYS: WLP) has earned a respected ...
CareMore introduced a number of Special Needs Plans in 2007 that were aimed at high-cost, high-need patients with chronic diseases. By 2010, CareMore had expanded to Northern California, Arizona, and Nevada. Serving over 50,000 patients, CareMore was acquired by WellPoint – now Anthem – in 2011 for $800 million.
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