Corporate Profile for Health Net Inc., dated April 6, 2001.Business Editors --(BUSINESS WIRE) The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services.
Published Date: Friday, April 6, 2001
Company Name: Health Net Inc.
Address: 21650 Oxnard St.
Woodland Hills, Calif. 91367
Main Telephone
Number: 818/676-6000
Internet Home
Page Address
(URL) www.health.net
Chief Executive
Officer: Jay M. Gellert
Chief Financial
Officer: Steven P. Erwin
Investor Relations
Contact: David W. Olson
Business number: 818/676-6978
E-mail address: david.w.olson@health.net
Public Relations
Contact: Lisa J. Haines
Business number: 818/676-7912
E-mail address: lisa.j.haines@health.net
Industry: Health care
Trading Symbol/
Exchange: HNT/NYSE
Company description: Health Net Inc., formerly known as Foundation Health Systems Inc., is one of the nation's largest publicly traded managed health-care companies. Its mission is to enhance quality of life for its customers by offering products distinguished by their quality, service and affordability. The company's HMO HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, , insured PPO PPO abbr. preferred provider organization PPO Managed care Preferred provider organization, see there Infectious disease Pleuropneumonia-like organism, see there and government contracts subsidiaries provide health benefits to approximately 5.4 million individuals in 16 states through group, individual, Medicare Medicare, national health insurance program in the United States for persons aged 65 and over and the disabled. It was established in 1965 with passage of the Social Security Amendments and is now run by the Centers for Medicare and Medicaid Services. risk, Medicaid Medicaid, national health insurance program in the United States for low-income persons; established in 1965 with passage of the Social Security Amendments and now run by the Centers for Medicare and Medicaid Services. and TRICARE programs. Health Net's subsidiaries also offer managed health-care products related to behavioral health Behavioral health was first used in the 1980's to name the combination of the fields mental health and substance abuse. As an example, an organization serving both mental health and substance abuse clients might refer to its practice as behavioral health or , dental, vision and prescription drugs prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug, , and offer managed health-care product coordination coordination /co·or·di·na·tion/ (ko-or?di-na´shun) the harmonious functioning of interrelated organs and parts. co·or·di·na·tion n. 1. The harmonious adjustment or interaction of parts. for multi-region employers and administrative services for medical groups and self-funded benefits programs. |
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