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Vivian J. Paige (Free subscription) | 24/11/2009
Back in 2007, then AMERIGROUP CEO Jeffrey McWaters wrote an article about health care, which I opined on here. Today McWaters is one of two Republican candidates seeking to represent the 8th Senate District in Virginia Beach. Due to a conflict, McWaters was unable to make our interview, which had been scheduled for Monday afternoon. I [...]
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Bearing Drift (Free subscription) | 20/11/2009
Yesterday, the Jeff McWaters’ campaign for State Senate released a very interesting campaign email that seems like they might know something the rest of us don’t. Chris LaCivita (who recently aided Attorney General-elect Ken Cuccinelli and was the media advisor for Swift Boat Veterans for Truth) appealed to voters about potential negative campaigning from Rosemary Wilson. “In her...
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Business Wire (Free subscription) | 19/11/2009
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Vital Data Technology, an innovator of emergency medical information systems, announced today that the company has signed an agreement with AMERIGROUP Corporation to serve health plans in Texas and Florida. Vital Data Technology will implement the six-month pilot program utilizing its MyVitalData PlanLink™, a comprehensive service with specifically designed...
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VB Dems (Free subscription) | 19/11/2009
Another question for my "Get in, sit down and shut up" and "Suck it up, little Democrat" file... Jeff McWaters is CEO of AMERIGROUP, "a Fortune 600" company. (I thought it was Fortune 500... weird...) Does his company offer health and life insurance benefits to the domestic partners of his employees?
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Bearing Drift (Free subscription) | 15/11/2009
The Virginia Beach Taxpayers Alliance was born out of the effort to fight the 2002 sales tax referendum. Saturday, the VBTA hosted a candidate forum, which was covered here . The campaign to raises taxes was called the YES Campaign. You would think someone in the VBTA would’ve asked Jeff McWaters why he gave $10,000 to the Yes Campaign for tax increases? McWaters touts his Amerigroup ownership....
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The Earth Times Online Newspaper (Free subscription) | 10/11/2009
CHICAGO - Zacks.com releases details on a group of stocks that are currently members of the exclusive Zacks #5 Rank List – Stocks to Sell Now. These stocks are currently rated as a Zacks Rank #5 (Strong Sell): AMERIGROUP Corp. (NYSE:
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Business Wire (Free subscription) | 10/11/2009
CHICAGO--(BUSINESS WIRE)--Zacks.com releases details on a group of stocks that are currently members of the exclusive Zacks #5 Rank List – Stocks to Sell Now. These stocks are currently rated as a Zacks Rank #5 (Strong Sell): AMERIGROUP Corp. (NYSE: AGP) and PrivateBancorp, Inc. (Nasdaq: PVTB). Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Vulcan Materials Co. (NYSE:...
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Gov20, HealthIT & Healthcare Reform (Free subscription) | 04/11/2009
Washington, D.C.- The lobbying expenses of the top 13 health insurers and their industry association, America's Health Insurance Plans (AHIP), were nearly $8.2 million in the third quarter of 2009 to influence Congress on upcoming health care legislation, according to analysis released today by the nonpartisan campaign finance watchdog Public Campaign Action Fund (PCAF). The total marks an 11 percent...
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Washington Post (Free subscription) | 31/10/2009
EARNINGS Health insurer Amerigroup said its profit sank in the third quarter because of higher medical costs associated with the swine flu. Amerigroup said third-quarter profit fell 41 percent compared with a year earlier, to $22.5 million (43 cents per share). Revenue rose 15 percent, to $1.3...
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Market Watch (Free subscription) | 30/10/2009
Profit affected by costs associated with what company says appears to be onslaught of severe flu season.
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PR News Wire (Free subscription) | 30/10/2009
VIRGINIA BEACH, Va., Oct. 30, 2009 /PRNewswire-FirstCall/ -- AMERIGROUP Corporation (NYSE: AGP) today announced that net income for the third quarter of 2009 was $22.5 million, or $0.43 per diluted share, versus $37.9 million, or $0.71 per diluted share, for the third quarter of 2008. Third quarter earnings are in line with the preliminary earnings range that the Company issued on October 26, 2009,...
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Market Watch (Free subscription) | 30/10/2009
LONDON (MarketWatch) -- Amerigroup Corp. said Friday that its third-quarter net profit fell 41% to $22.5 million, or 43 cents a share, from $37.9 million, or 71 cents a share, a year earlier. Revenue for the quarter rose 19% to $1.3 billion. The group said its lower profit reflected elevated medical costs associated with the onset of what appears to be a severe flu season due to the H1N1 virus. Analysts...
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StreetInsider.com News Articles (Free subscription) | 29/10/2009
The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session: Before Market Opens: Economics: 8:30am ET Personal Spending / Income PCE Prices - Street Sees -0.5% Earnings: A. H. Belo Corporation (NYSE: AHC) – no consensus Allete (NYSE: ALE) – consensus EPS $0.52 Alliant Energy (NYSE: LNT) – consensus EPS $0.77 Ameren Corporation (NYSE: AEE) –...
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The Business Journal of Milwaukee (Free subscription) | 26/10/2009
Centene Corp., the parent of Managed Health Services in West Allis, said Saturday that it has settled its lawsuit against Amerigroup Corp. over its decision to terminate a deal to buy Centene’s New Jersey Medicaid business. (CNC)
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The St Louis Business Journal (Free subscription) | 26/10/2009
Centene Corp. said Saturday that it has settled its lawsuit against Amerigroup Corp. over its decision to terminate a deal to buy Centene’s New Jersey Medicaid business. (CNC)