Business & Finance

Florida's HMOs continue to make money, study reports

Published in Hospital and Nursing Home Week, September 8th, 2005

HealthLeaders-InterStudy, a provider of managed care industry intelligence, has found better forecasting and disease-management systems paid off for Florida HMOs in 2004.

According to the latest issue of the Florida Health Plan Analysis from HealthLeaders-InterStudy, net income was up by more than 50% over 2003. It was the third straight year of increased profits.

"The top guns in net income were Florida's big four of Humana, Aetna, UnitedHealthcare, and Blue Cross and Blue Shield of Florida," said Jan Shuxteau, HealthLeaders-InterStudy analyst. "This is because their large networks and ability to negotiate higher discounts allow them to...

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Source: Hospital and Nursing Home Week (2005-09-08)

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