| Business Summary | | Sierra
Health
Services,
Inc.
is
a
managed
health
care
organization
that
provides
and
administers
the
delivery
of
comprehensive
health
care
and
workers'
compensation
programs
with
an
emphasis
on
quality
care
and
cost
management.
The
Company's
primary
types
of
health
care
coverage
are
HMO
plans,
HMO
Point
of
Service
(POS)
plans,
and
managed
indemnity
plans,
which
include
a
preferred
provider
organization
(PPO)
option.
The
POS
products
allow
members
to
choose
one
of
the
various
coverage
options
when
medical
services
are
required
instead
of
one
plan
for
the
entire
year.
As
of
December
31,
2000,
the
Company
provided
HMO
products
to
approximately
196,600
members
in
Nevada
and
81,200
in
Texas.
The
Company
also
provides
managed
indemnity
products
to
approximately
31,000
members,
Medicare
supplement
products
to
approximately
28,100
members,
and
administrative
services
to
approximately
273,200
members. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Sierra
Health
Services
is
a
health
care
services
company
that
operates
HMOs,
indemnity
and
workers'
compensaton
insurers,
military
health
programs,
PPOs,
and
multi-specialty
medical
groups.
For
the
six
months
ended
6/30/01,
revenues
rose
7%
to
$713.8
million.
Net
income
totaled
$6.0
million,
vs.
a
loss
of
$205.2
million.
Results
reflect
higher
military
contract
revenue,
and
the
absence
of
$212.7
million
in
restructuring,
reorganization,
and
other
one-time
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Anthony Marlon, M.D., 58 Chairman,
CEO and Interim Pres and Chief Operating Officer | $713K | Paul Palmer, 40 CFO,
VP, Treasurer | -- | Frank Collins, 47 Exec.
VP, Sec., Gen. Counsel | 260K | William Godfrey, 56 Exec.
VP of Admin. Services | -- | Marie Soldo, 60 Exec.
VP of Gov. Affairs and Special Projects | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|