| | Business Summary | | Maxicare
Health
Plans,
Inc.
is
a
holding
company
that
owns
various
subsidiaries,
primarily
in
the
field
of
managed
care.
Through
its
wholly
owned
subsidiaries,
the
Company
operates
health
maintenance
organizations
(HMOs)
in
California
and
Indiana.
Maxicare
Life
and
Health
Insurance
Company
(MLH),
its
licensed
insurance
company,
operates
preferred
provider
organizations
(PPOs)
in
California
and
Indiana,
in
conjunction
with
the
HMO
products
of
Maxicare
(its
California
HMO)
and
Maxicare
Indiana,
Inc.
(its
Indiana
HMO).
The
Company
provides
an
array
of
member
benefit
packages
that
include
commercial
group
HMO
products,
Medicare
HMO
products,
Medicaid
HMO
products,
PPO
products,
point
of
service
products,
group
life
and
accidental
death
and
dismemberment
insurance,
and
wellness
programs. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Maxicare
Health
Plans
is
a
holding
company
for
health
maintenance
organizations
in
CA,
IN,
IL,
LA,
NC,
SC
and
WI.
The
Company
also
provides
insurance
and
pharmacy
services.
For
the
three
months
ended
3/31/01,
total
revenues
decreased
15%
to
$157.2
million.
Net
loss
totaled
$18.4
million
vs.
an
income
of
$50
thousand.
Revenues
reflect
a
decrease
in
total
membership.
Higher
loss
reflects
increased
S/G/A
expenses
due
to
additional
staffing. Recent Earnings Announcement
For
the
3
months
ended
06/30/2001,
revenues
were
121,768;
after
tax
earnings
were
-4,916. (Preliminary; reported in thousands of dollars.) | | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Paul Dupee, Jr., 57
Chairman
and CEO | $42K | Joseph White
Interim CFO, Controller | -- | Susan Blais, 48
COO,
Exec. VP, Director | -- | Alan Bloom, 53
Sr.
VP, Sec. and Gen. Counsel | 230K | Sanford Lewis, 57
Sr.
VP - Corp. Admin. | 160K | | 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/m/maxiq.ob.gif)