WellPoint

Bounty on Braly? $1.4 billion

September 4, 2012
J.K. Wall
Investors who called strongly for the head of WellPoint Inc. CEO Angela Braly got what they wanted last week. In response, they bid up WellPoint's share price by $1.4 billion on the day after she resigned.
More

EDITORIAL: Braly ouster overstates failuresRestricted Content

September 1, 2012
 IBJ Staff
Investors heaped criticism on former WellPoint Inc. CEO Angela Braly and called for her ouster in the weeks leading up to her resignation Aug. 28, but her leadership of the health-insurance giant might not be judged so harshly once the smoke clears.
More

Departing CEO Braly due to get $15M exit package

August 29, 2012
J.K. Wall
WellPoint Inc. is expected to give about $15 million in cash, stock and benefits to former CEO Angela Braly on her way out the door, based on the terms of a separation agreement filed by the company Wednesday morning. And the payout could be even more lucrative based on the company's future stock price.
More

WellPoint launches search for new CEO after Braly resignation

August 29, 2012
 IBJ Staff and Bloomberg News
Investors are looking for a CEO who can right the Indianapolis-based company’s financial performance and integrate WellPoint’s recent deals to buy Medicaid insurer Amerigroup Corp. and vision company 1-800-Contacts Inc.
More

Braly's departure occurred sooner than many expected

August 28, 2012
 IBJ Staff and Bloomberg News
Even though CEO Angela Braly was facing withering criticism, analysts thought WellPoint would be reluctant to change CEOs while its $4.9 billion acquisition of Amerigroup Corp. was pending.
More

Rival's strong results have WellPoint playing catch-up

August 25, 2012
J.K. Wall
UnitedHealth has been enjoying healthy profits, growing customer rolls and a rising stock price—things the Indianapolis insurer has been unable to match. That tough comparison lies behind some of the investor attacks on WellPoint CEO Angela Braly.
More

WellPoint CEO's critics suggesting replacements

August 24, 2012
Bloomberg News
Another plea for the ouster of WellPoint CEO Angela Braly is spurring discussions among investors and analysts about a replacement. Top suggestions include James G. Carlson, the chief of Amerigroup Corp., and David B. Snow Jr., the former chief of Medco Health Solutions Inc.
More

Big WellPoint investor Royal Capital calls for CEO's ouster

August 23, 2012
Bloomberg News
Royal Capital Management LLC is calling for the ouster of WellPoint Inc. CEO Angela Braly in a letter to the health insurer, saying she has "failed miserably."
More

WellPoint dragged into Goldman Sachs suit

August 20, 2012
J.K. Wall
WellPoint Inc.’s $4.9 billion offer for Virginia-based Amerigroup Inc. apparently wasn’t the only—or even the most lucrative—offer for the Medicaid managed care company. But it was the deal surest to come to fruition before a key deadline for a big payout for Goldman Sachs & Co., according to a shareholder lawsuit filed Aug. 16 against the Amerigroup board of directors.
More

WellPoint competitor Aetna to buy Coventry for $5.6B

August 20, 2012
Bloomberg News
Aetna joins rivals WellPoint Inc. and Cigna Corp. in making big acquisitions as the U.S. government expands medical coverage.
More

WellPoint board member says Braly still backed as CEO

August 13, 2012
 IBJ Staff and Bloomberg News
A WellPoint Inc. director said there’s no move by the board to fire CEO Angela Braly for poor performance. Meanwhile, an expert predicted Braly will have at least until early 2013 to right the ship as the company awaits the close of the $4.9 billion Amerigroup acquisition.
More

WellPoint CEO faces ire of investors who say she must go

August 10, 2012
Bloomberg News
WellPoint Inc.’s Angela Braly is facing tough questions about her performance after the Indianapolis-based health insurer reported disappointing earnings last month and cut its 2012 forecast. Investors say Braly is the problem and some are calling for her ouster.
More

Health insurers' anti-fraud bid seeks to ease profit-limit rule

July 27, 2012
Bloomberg News
The Obama administration Thursday announced a partnership with the industry in which WellPoint Inc., UnitedHealth Group Inc. and other insurers may try to share more billing data with the government to root out fraud.
More

CEO Braly gets WellPoint board backing after cutting forecast

July 26, 2012
Bloomberg News
WellPoint Inc.'s board, reacting to criticism after the health insurer cut its profit forecast on Wednesday, said the management team led by CEO Angela Braly has its full support.
More

WellPoint shares sink after profit misses analyst estimates

July 25, 2012
Bloomberg News
WellPoint Inc. stock fell more than 12 percent Wednesday after the insurer's quarterly earnings missed analyst estimates and it trimmed its full-year forecast.
More

WellPoint using deals to prep for new era in insuranceRestricted Content

July 14, 2012
J.K. Wall
The buying spree is back on at WellPoint Inc., with a twist. A decade ago, the insurer consolidated Blue Cross and Blue Shield plans that catered to employers. Today, it is making deals to grow the non-employer part of its business.
More

WellPoint agrees to pay for 3 children to get gene test

July 12, 2012
Bloomberg News
WellPoint Inc. said it will pay for DNA testing for three children to see if they have an inherited heart disease their father suffers from that often strikes without warning, reversing an earlier decision to deny coverage.
More

WellPoint shares jump after $4.9B deal for Amerigroup

July 9, 2012
J.K. Wall
Investors and analysts like the fact that WellPoint is playing more aggressively in government-sponsored health plans, such as Medicaid and Medicare, which are projected to be the key sectors for growth for the next several years.
More

WellPoint buying managed care firm for $4.9B

July 9, 2012
 IBJ Staff and Bloomberg News
The Indianapolis health insurer is buying Virginia-based Amerigroup Corp. to expand in managed care for poor and elderly patients in the Medicare and Medicaid programs.
More

High court health care decision good for some, not others

June 29, 2012
Associated Press
The Supreme Court's decision Thursday to uphold President Barack Obama's historic overhaul is expected to boost many players in the health care industry, but not every corner of the sector will benefit.
More

WellPoint lowers earnings forecast after $90M legal bill

June 18, 2012
Bloomberg News
Indianapolis-based WellPoint Inc. said it is lowering its profit forecast for the year by 3 percent after reaching a $90 million settlement in a class-action lawsuit.
More

Largest Indiana public companies mostly fared well in 2011Restricted Content

June 16, 2012
Performance varied widely as industries ebbed, flowed.
More

WellPoint settlement: $90M for former Anthem members

June 15, 2012
Scott Olson
The federal lawsuit was set to go to trial June 18 in Indianapolis. The claims arise from Anthem's 2001 conversion from a mutual company, owned by its insured policyholders, to a public company.
More

WellPoint: Consumers will control health insurance

June 4, 2012
J.K. Wall
The future of health insurance is lower profit margins and greater consumer control. WellPoint Inc. just bet $900 million on it.
More

WellPoint seeks to diversify by buying contacts retailer

June 4, 2012
Bloomberg News, Associated Press
WellPoint Inc. plans to buy lens retailer 1-800-Contacts Inc. in a deal worth an estimated $900 million, giving the insurer its first direct-to-consumer business outside selling individual health coverage.
More
Page  << 1 2 3 4 5 6 7 8 9 10 >> pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. These liberals are out of control. They want to drive our economy into the ground and double and triple our electric bills. Sierra Club, stay out of Indy!

  2. These activist liberal judges have gotten out of control. Thankfully we have a sensible supreme court that overturns their absurd rulings!

  3. Maybe they shouldn't be throwing money at the IRL or whatever they call it now. Probably should save that money for actual operations.

  4. For you central Indiana folks that don't know what a good pizza is, Aurelio's will take care of that. There are some good pizza places in central Indiana but nothing like this!!!

  5. I am troubled with this whole string of comments as I am not sure anyone pointed out that many of the "high paying" positions have been eliminated identified by asterisks as of fiscal year 2012. That indicates to me that the hospitals are making responsible yet difficult decisions and eliminating heavy paying positions. To make this more problematic, we have created a society of "entitlement" where individuals believe they should receive free services at no cost to them. I have yet to get a house repair done at no cost nor have I taken my car that is out of warranty for repair for free repair expecting the government to pay for it even though it is the second largest investment one makes in their life besides purchasing a home. Yet, we continue to hear verbal and aggressive abuse from the consumer who expects free services and have to reward them as a result of HCAHPS surveys which we have no influence over as it is 3rd party required by CMS. Peel the onion and get to the root of the problem...you will find that society has created the problem and our current political landscape and not the people who were fortunate to lead healthcare in the right direction before becoming distorted. As a side note, I had a friend sit in an ED in Canada for nearly two days prior to being evaluated and then finally...3 months later got a CT of the head. You pay for what you get...

ADVERTISEMENT