WellCare Health Plans

WellCare has developed a full complement of expertise in the three major areas of government-sponsored health care: Medicaid, Medicare Advantage and Medicare Prescription Drug Plans.  WellCare has a focus on those members who are dually eligible for both Medicaid and Medicare. We are committed to continually improving the quality of care and service that we provide to our members. We help our members access the right care at the right time in the appropriate setting through coordinated care teams and community partnerships. And we’re focused on government customers and use a disciplined approach to ensuring a competitive cost structure.

Type
Public
HQ
Tampa, US
Founded
1985
Size (employees)
7,400 (est)+8%
WellCare Health Plans was founded in 1985 and is headquartered in Tampa, US

Key People at WellCare Health Plans

Ken Burdick

Ken Burdick

Chief Executive Officer

WellCare Health Plans Office Locations

WellCare Health Plans has office in Tampa
Tampa, US

WellCare Health Plans Metrics

WellCare Health Plans Summary

Market capitalization

$6.2 b

Closing share price

$141.1
WellCare Health Plans's current market capitalization is $6.2 b.

WellCare Health Plans Financials

WellCare Health Plans's revenue is $9.5 b in FY, 2013 which is a 26.5% decrease from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$9.5 b$13 b$13.9 b$14.2 b

Revenue growth, %

36%7.2%2.5%

Gross profit

$1.3 b$1.3 b$1.7 b

Operating expense total

$9.2 b$12.8 b$13.6 b

EBIT

$281.1 m$148.3 m$336.1 m

Net Income

$175.3 m$63.7 m$118.6 m$242.1 m

Operating cash flow

$382 m($169 m)$1.1 b

WellCare Health Plans Market Value History

WellCare Health Plans Online Presence

WellCare Health Plans Company Life

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