| Business Summary | | PacifiCare
Health
Systems,
Inc.
is
a
healthcare
services
company
with
primary
operations
in
managed
care
products
for
employer
groups
and
Medicare
beneficiaries
in
eight
states
and
Guam,
serving
approximately
four
million
members.
The
Company
operates
health
maintenance
organizations
(HMOs)
and
offers
HMO-related
products
and
services.
The
Company's
commercial
and
Medicare
programs
are
designed
to
deliver
quality
healthcare
and
customer
service
to
members,
cost
effectively.
The
Company
also
offers
a
variety
of
specialty
HMO
managed
care,
and
HMO-related
products
and
services
that
employers
can
purchase
to
supplement
their
basic
commercial
plans
or
as
stand-alone
products.
Other
specialty
products
include
pharmacy
benefit
management,
behavioral
health
services,
life
and
health
insurance,
and
dental
and
vision
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Pacificare
Health
Systems,
Inc.
owns
and
operates
federally
qualified
HMOs
that
arrange
health
care
services
principally
for
a
predetermined,
prepaid
periodic
fee
to
enrolled
subscriber
groups
through
independent
health
care
organizations
under
contract.
For
the
six
months
ended
6/30/01,
revenues
rose
5%
to
$5.94
billion.
Net
income
fell
80%
to
$28.4
million.
Results
reflect
an
increase
in
premium
rates,
offset
by
increased
medical
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| David Reed, 68 Chairman | -- | Howard Phanstiel, 52 Pres,
CEO, Director | $728K | Gregory Scott, 47 CFO,
Exec. VP | -- | Joseph Konowiecki, 48 Exec.
VP, Gen. Counsel, Sec. | -- | Bary Bailey, 42 Exec.
VP and CSO | 475K | 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
|
|