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Published on FierceHealthcare (http://www.fiercehealthcare.com)

WellPoint points to record Q3 numbers

By admin
Created Oct 25 2005 - 8:01pm

WellPoint said its profits have nearly doubled as a result of its merger last year with Anthem. The giant health plan announced stellar numbers today, with net income up 164 percent to $640 million. The insurer said its sales more than doubled, rising to $11.3 billion from $4.8 billion. It wasn't enough for Wall Street, however, which was looking for more. WellPoint shares were down 3% in morning trading.

- see this article [1] from TheStreet.com

ALSO: Hospital Corporation of America (HCA) announced a solid third quarter with income up 23 percent, a pleasant respite for shareholders weary of the possible insider-trading scandal at the company. Article [2]


Source URL:
http://www.fiercehealthcare.com/story/wellpoint-points-to-record-q3-numbers/2005-10-26