WellCare Health Plans Inc (WCG) - Financial and Strategic SWOT Analysis Review

May 2020 | 55 pages | ID: W6174016C936EN
GlobalData

Abstracts

WellCare Health Plans Inc (WCG) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

The profile contains critical company information including:

• Business description – A detailed description of the company’s operations and business divisions.
• Corporate strategy – Analyst’s summarization of the company’s business strategy.
• SWOT Analysis – A detailed analysis of the company’s strengths, weakness, opportunities and threats.
• Company history – Progression of key events associated with the company.
• Major products and services – A list of major products, services and brands of the company.
• Key competitors – A list of key competitors to the company.
• Key employees – A list of the key executives of the company.
• Executive biographies – A brief summary of the executives’ employment history.
• Key operational heads – A list of personnel heading key departments/functions.
• Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.
• Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
• Interim ratios for the last five interim periods – The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.

Highlights

WellCare Health Plans Inc (WellCare) is a managed care services provider which focuses on providing government-sponsored managed care services to families, children, seniors and individuals with complex medical needs. The company offers Medicaid health plans, Medicare Advantage (MA) coordinated care plans (CCPs), and stand-alone Medicare prescription drug plans (PDP). Its Medicaid health plans include plans for beneficiaries of TANF (Temporary Assistance for Needy Families), SSI (Supplemental Security Income) and ABD (Aged, Blind and Disabled) programs and other state based programs. WellCare works with Centers for Medicare and Medicaid Services through contracts. The company offers its services to customers in various states in the US; and the District of Columbia. WellCare is headquartered in Tampa, Florida, the US.

WellCare Health Plans Inc Key Recent Developments

Jan 08,2020: NIH partners with Wellcare and Wellth for new program that rewards New York medicaid members for managing hypertension
Dec 17,2019: WellCare joins forces with Fitbit to help manage diabetes in Georgia
Dec 11,2019: WellCare Health Plans: Changes in Directorate
Nov 11,2019: WellCare to Offer Medicare Advantage Plans in Seattle Metropolitan Area in 2020
Nov 11,2019: WellCare to Offer Medicare Advantage Plans in New Hampshire in 2020

Key benefits of buying this profile include:

You get detailed information about the company and its operations to identify potential customers and suppliers.

• The profile analyzes the company’s business structure, operations, major products and services, prospects, locations and subsidiaries, key executives and their biographies and key competitors.

Understand and respond to your competitors’ business structure and strategies, and capitalize on their weaknesses. Stay up to date on the major developments affecting the company.

• The company’s core strengths and weaknesses and areas of development or decline are analyzed and presented in the profile objectively. Recent developments in the company covered in the profile help you track important events.

Equip yourself with information that enables you to sharpen your strategies and transform your operations profitably.

• Opportunities that the company can explore and exploit are sized up and its growth potential assessed in the profile. Competitive and/or technological threats are highlighted.

Scout for potential investments and acquisition targets, with detailed insight into the companies’ strategic, financial and operational performance.

• Financial ratio presented for major public companies in the profile include the revenue trends, profitability, growth, margins and returns, liquidity and leverage, financial position and efficiency ratios.

Gain key insights into the company for academic or business research.

• Key elements such as SWOT analysis, corporate strategy and financial ratios and charts are incorporated in the profile to assist your academic or business research needs.

Note: Some sections may be missing if data is unavailable for the company

Contents

SECTION 1 - ABOUT THE COMPANY

WellCare Health Plans Inc - Key Facts
WellCare Health Plans Inc - Key Employees
WellCare Health Plans Inc - Key Employee Biographies
WellCare Health Plans Inc - Major Products and Services
WellCare Health Plans Inc - History
WellCare Health Plans Inc - Company Statement
WellCare Health Plans Inc - Locations And Subsidiaries
Head Office
Other Locations & Subsidiaries

SECTION 2 – COMPANY ANALYSIS

Company Overview
WellCare Health Plans Inc - Business Description
Business Segment: Medicaid Health Plans
Overview
Performance
Key Stats
Business Segment: Medicare Health Plans
Overview
Performance
Key Stats
Business Segment: Medicare Prescription Drug Plans
Overview
Performance
Key Stats
WellCare Health Plans Inc - Corporate Strategy
WellCare Health Plans Inc - SWOT Analysis
SWOT Analysis - Overview
WellCare Health Plans Inc - Strengths
WellCare Health Plans Inc - Weaknesses
WellCare Health Plans Inc - Opportunities
WellCare Health Plans Inc - Threats
WellCare Health Plans Inc - Key Competitors

SECTION 3 – COMPANY FINANCIAL RATIOS

Financial Ratios - Capital Market Ratios
Financial Ratios - Annual Ratios
Performance Chart
Financial Performance
Financial Ratios - Interim Ratios
Financial Ratios - Ratio Charts
WellCare Health Plans Inc, Recent Deals Summary

SECTION 4 – COMPANY’S RECENT DEVELOPMENTS

Jan 08, 2020: NIH partners with Wellcare and Wellth for new program that rewards New York medicaid members for managing hypertension
Dec 17, 2019: WellCare joins forces with Fitbit to help manage diabetes in Georgia
Dec 11, 2019: WellCare Health Plans: Changes in Directorate
Nov 11, 2019: WellCare to Offer Medicare Advantage Plans in Seattle Metropolitan Area in 2020
Nov 11, 2019: WellCare to Offer Medicare Advantage Plans in New Hampshire in 2020
Nov 05, 2019: WellCare Members gain in-network access to Piedmont Healthcare
Nov 04, 2019: WellCare signs agreement with Owensboro Health
Oct 30, 2019: WellCare reports third quarter 2019 results
Oct 22, 2019: Centene and WellCare announce approval of pending transaction by new york state insurance and healthcare departments
Oct 14, 2019: Collaborative Health Systems ACOs deliver $53 million in total savings to Medicare in 2018

SECTION 5 – APPENDIX

Methodology
Ratio Definitions
About GlobalData
Contact Us
Disclaimer

List Of Tables

LIST OF TABLES

WellCare Health Plans Inc, Key Facts
WellCare Health Plans Inc, Key Employees
WellCare Health Plans Inc, Key Employee Biographies
WellCare Health Plans Inc, Major Products and Services
WellCare Health Plans Inc, History
WellCare Health Plans Inc, Subsidiaries
WellCare Health Plans Inc, Key Competitors
WellCare Health Plans Inc, Ratios based on current share price
WellCare Health Plans Inc, Annual Ratios
WellCare Health Plans Inc, Annual Ratios (Cont...1)
WellCare Health Plans Inc, Annual Ratios (Cont...2)
WellCare Health Plans Inc, Interim Ratios
WellCare Health Plans Inc, Recent Deals Summary
Currency Codes
Capital Market Ratios
Equity Ratios
Profitability Ratios
Cost Ratios
Liquidity Ratios
Leverage Ratios
Efficiency Ratios

List Of Figures

LIST OF FIGURES

WellCare Health Plans Inc, Performance Chart (2014 - 2018)
WellCare Health Plans Inc, Ratio Charts

COMPANIES MENTIONED

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Inter Valley Health Plan Inc
Humana Inc
Encompass Health Corp
Cigna Corp
Aetna Inc