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In 2003, U.S. HealthWorks agreed to pay $900,000 to the California Department of Insurance following a three-year investigation of 25 facilities in California. It was alleged that the firm did not always file a "Doctor's First Report of Injury" as required by California law, which would distort the risk experience used by insurance underwriters to calculate premiums.
By August of that year, it had been renamed BayCare Health Network Inc. due to trademark issues, and several member hospitals began withdrawing from other competing PPOs. [6] [7] In 1996, the 14-hospital BayCare Health Network hired The Hunter Group in the face of increasing competition with Columbia/HCA's 14-hospital Tampa Bay Health System.
WellCare began operations in 1985 in Tampa, Florida as a Medicaid provider for the State of Florida. [5] In 1992, Kiran Patel, a cardiologist and entrepreneur, purchased the company. [6] [7] In 2002, Patel sold it to a New York investment group led by George Soros and Todd Farha. [7] Also in 2002, Todd Farha joined the company as CEO. [8] [9]
In 2007, Patel started a new insurance holding company called America's 1st Choice Holdings of Florida and acquired two Tampa Bay based Medicare Advantage Health Plans, Freedom Health and Optimum Health. He grew these companies to over 115,000 members and over $1 billion in revenue, at which point he sold to Anthem in April 2019. [3] [4] [5]
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The following are major companies based in Tampa, Florida and surrounding areas. Subcategories. This category has only the following subcategory. B. Bloomin' Brands (5 P)
Tampa (/ ˈ t æ m p ə / ⓘ TAM-pə) is a city on the Gulf Coast of the U.S. state of Florida. Tampa's borders include the north shore of Tampa Bay and the east shore of Old Tampa Bay. Tampa is the largest city in the Tampa Bay area and the county seat of Hillsborough County.
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