WellCare Health Plans

WellCare provides managed care health plans. The Company focuses exclusively on providing government-sponsored managed care services, primarily through Medicaid, Medicare Advantage, and Medicare Prescription Drug Plans, to families, children, seniors and individuals with complex medical needs. Medicaid provides medical assistance to low-income and disabled persons. The Medicare program provides health care coverage primarily to individuals age 65 or older as well as to individuals with certain disabilities. It provides hospitalization benefits, benefits for medically necessary services and supplies including outpatient care, physician services, and home health care, private health plans, and prescription drug coverage.

Company Growth (employees)
Tampa, US
Size (employees)
7,400 (est)
WellCare Health Plans was founded in 2004 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 an office in Tampa
Tampa, US (HQ)
8735 Henderson Rd

WellCare Health Plans Data and Metrics

WellCare Health Plans Financial Metrics

WellCare Health Plans's revenue was reported to be $14.2 b in FY, 2016 which is a 2% increase from the previous period.

Revenue (FY, 2016)

14.2 b

Revenue growth (FY, 2015 - FY, 2016), %


Net income (FY, 2016)

242.1 m

EBIT (FY, 2016)

529.5 m

Market capitalization (21-Sep-2017)

7.5 b

Cash (31-Dec-2016)

4 b


4.5 b
WellCare Health Plans's current market capitalization is $7.5 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016


9.5 b13 b13.9 b14.2 b

Revenue growth, %



281.1 m148.3 m336.1 m529.5 m

EBIT margin, %

USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014FY, 2015FY, 2016


1.2 b1.4 b1.3 b1.1 b1.5 b1.3 b2.4 b4 b

Current Assets

4.3 b5.1 b


263.2 m392.5 m

Total Assets

5.2 b6.2 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

118.6 m242.1 m

Cash From Operating Activities

382 m(169 m)712.6 m748.3 m

Purchases of PP&E

(137 m)(105.3 m)

Cash From Investing Activities

(124.2 m)(27 m)
Y, 2016


8.5 x


6 x


0.5 x


0.2 x

Financial Leverage

3.1 x
Show all financial metrics

WellCare Health Plans Market Value History

Traffic Overview of WellCare Health Plans

WellCare Health Plans Online and Social Media Presence

WellCare Health Plans Company Life and Culture

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