Corporate Profile for Sierra Health Services, Inc., Dated Dec. 7, 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: Dec. 7, 2001
Company Name: Sierra Health Services, Inc.
Address: 2724 N. Tenaya Way
Las Vegas, NV 89148
Main Telephone
Number: 702/242-7000
Internet Home
Page Address
(URL): www.sierrahealth.com
Chief Executive
Officer: Anthony M. Marlon, M.D.
Chief Financial
Officer: Paul Palmer
Investor Relations
Contact: Peter O'Neill
Business number: 702/242-7158
E-mail address: poneill@sierrahealth.com
Public Relations
Contact: Peter O'Neill
Business number: 702/242-7158
E-mail address: poneill@sierrahealth.com
Industry: Healthcare
Trading Symbol/
Exchange: NYSE:SIE
Company Description: Sierra Health Services health services Managed care The benefits covered under a health contract is a diversified diversified (di·verˑ·s Las Vegas-based health care services company, with over 55% of the market share in the nation's fastest growing metropolis. In addition to health maintenance organizations and multi-specialty medical groups, Sierra offers health plans and benefits to active and retired military and their dependents in the highly visible northeast corridor This article is about a rail line. For the agglomeration of metropolitan areas, see BosWash. For the New Jersey Transit line, see Northeast Corridor Line. The Northeast Corridor (NEC . Its workers' compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work. subsidiary writes policies for small businesses in California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). , Nevada Nevada (nəvăd`ə, –vä–), far western state of the United States. It is bordered by Utah (E), Arizona (SE), California (SW, W), and Oregon and Idaho (N). and other states. The company recently announced its exit from the problematic Texas market. So far in 2001 Sierra has seen its core membership increase by over 20%, cash flow from operations Cash flow from operations A firm's net cash inflow resulting directly from its regular operations (disregarding extraordinary items such as the sale of fixed assets or transaction costs associated with issuing securities), calculated as the sum of net income plus noncash expenses increased by over $100 million and total debt reduced by nearly 30%. In 2002, the company expects top line growth of 15-20% in its core operations. Despite the positive outlook, Sierra still trades at a discount to the market. |
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