Health Net

Making health care work for you is who we are and what we do at Health Net. The “you” is everyone we interact with including our members, customers, providers, brokers, consultants, our community and each other. We do things a little differently here. More than just an expert in HMO benefits, we design and deliver the full spectrum of benefits and services essential to whole health. Helping people make the most of their health with health plans that are relevant, local and affordable is what we’re all about.

We leverage our longstanding presence in the Western U.S. and work collaboratively with our business partners to champion solutions that meet the needs of our customers today – and continue providing value in the future. What’s more, Health Net, Inc. is one of the nation’s largest publicly traded managed health care companies. We provide health benefits to approximately six million individuals through local health plans and government-sponsored managed care plans. A Fortune 500 company, Health Net has the strength and stability to turn vision into reality. Built to last. That’s Health Net.

Type
Subsidiary
Parent Company
Centene
HQ
Los Angeles, US
Health Net is headquartered in Los Angeles, US

Key People at Health Net

Jay Gellert

Jay Gellert

Chief Executive Officer, President and Director
Joseph Capezza

Joseph Capezza

Chief Financial Officer and Executive Vice President
James Woys

James Woys

Chief Operating Officer and Executive Vice President

Health Net Office Locations

Health Net has an office in Los Angeles
Los Angeles, US (HQ)
21650 Oxnard St

Health Net Data and Metrics

Health Net Financial Metrics

Health Net's revenue was reported to be $16.2 b in FY, 2015 which is a 16% increase from the previous period.
USDFY, 2013FY, 2014FY, 2015

Revenue

11.1 b14 b16.2 b

Revenue growth, %

27%16%

Operating expense total

10.8 b13.8 b15.8 b

Interest expense

32.6 m31.4 m33.3 m

Pre tax profit

270 m199.8 m454.6 m

Income tax expense

99.8 m54.2 m269 m

Net Income

170.1 m145.6 m185.7 m
USDFY, 2013FY, 2014FY, 2015

Cash

433.2 m869.1 m996.9 m

Accounts Receivable

68.9 m424.9 m467.5 m

Current Assets

2.9 b4.5 b5.3 b

PP&E

201.4 m84.3 m146.1 m

Goodwill

565.9 m558.9 m558.9 m

Total Assets

3.9 b5.4 b6.4 b

Accounts Payable

397 m880.4 m1.9 b

Current Liabilities

1.6 b2.9 b3.9 b

Common Stock

150 k153 k154 k

Additional Paid-in Capital

1.4 b1.4 b1.5 b

Retained Earnings

2.5 b2.6 b2.8 b

Total Equity

1.8 b

Financial Leverage

3.5 x
USDFY, 2013FY, 2014FY, 2015

Net Income

170.1 m145.6 m185.7 m

Accounts Payable

(42.9 m)517.7 m939 m

Cash From Operating Activities

95.8 m776 m431.1 m

Purchases of PP&E

(59.5 m)(62 m)(60.9 m)

Cash From Investing Activities

579 k(184.9 m)(546.6 m)

Cash From Financing Activities

(3.4 m)(155.2 m)243.3 m

Interest Paid

30.8 m29.7 m31.6 m

Income Taxes Paid

80.1 m83.5 m276.5 m

Health Net Online and Social Media Presence

Health Net News and Updates

Health Net Company Life and Culture

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