| | Business Summary | | Health
Net,
Inc.
is
an
integrated
managed
care
organization
that
administers
the
delivery
of
managed
healthcare
services.
The
Company's
health
maintenance
organizations
(HMOs),
insured
preferred
provider
organizations
(PPOs)
and
government
contracts
subsidiaries
provide
health
benefits
to
approximately
5.5
million
individuals
in
16
states
through
group,
individual,
Medicare,
Medicaid
and
TRICARE
programs.
The
Company's
subsidiaries
also
offer
managed
healthcare
products
related
to
behavioral
health,
dental,
vision
and
prescription
drugs,
and
offer
managed
healthcare
product
coordination
for
multi-region
employers,
and
administrative
services
for
medical
groups
and
self-funded
benefits
programs.
The
Company
operates
within
two
segments,
Health
Plan
Services
and
Government
Contracts/Specialty
Services. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Health
Net,
Inc.
is
a
managed
health
care
organization
which
administers
the
delivery
of
managed
health
care
services.
For
the
six
months
ended
6/30/01,
total
revenues
rose
14%
to
$5.03
billion.
Net
income
fell
61%
to
$28.2
million.
Revenues
reflect
enrollment
growth
and
increased
health
plan
premiums
due
to
a
more
rigorous
pricing
discipline.
Earnings
reflect
a
$76.1
million
loss
on
assets
held
for
sale. | | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Jay Gellert, 46
Pres,
CEO | $569K | Steven Erwin, 56
Exec.
VP and CFO | -- | B. Curtis Westen, 39
Sr.
VP, Gen. Counsel and Sec. | -- | Karen Mayhew, 49
Sr.
VP- HR | -- | Patricia Clarey, 47
VP,
Gov. Relations | -- | | Dollar amounts are as of 31-Dec-1999 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/h/hnt.gif)