HMO PROFITS INCREASE BY 60 PERCENT IN FIRST QUARTER OF 2003.

Health maintenance organization profits increased by 60 percent during the first quarter of 2003, going up to $2.3 billion compared to $1.4 billion for the same three month period in 2002, Weiss Ratings, Inc., reported Jan. 20.

In addition, 80.2 percent of the 451 HMOs reviewed by Weiss reported a profit compared with 61.6 percent for the same period in 2002.

COPYRIGHT 2004 JR Publishing, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.

Reader Opinion

Article Details
Printer friendly Cite/link Email Feedback
Publication:	Liability & Insurance Week
Geographic Code:	1USA
Date:	Jan 26, 2004
Words:	65
Previous Article:	ARCHER DANIELS MIDLAND PREVAILS AGAINST AON RISK SERVICES.
Next Article:	ILLINOIS MAN'S CELL-PHONE SUIT ISN'T PREEMPTED, COURT RULES.
Topics:	Business consultants Health maintenance organizations Management consultants

Related Articles
Legislature considers two HMO-reform measures. (health maintenance organizations) (Special Report: Health Care)
Are HMOs To Blame for Health Costs Rising Again?(Brief Article)
Vise Tightens On HMOs as Costs Climb.(Brief Article)
HMO PROFITS SQUEEZED BY RISING COSTS, STATIC PREMIUMS.(BUSINESS)(Statistical Data Included)
HMOS TO BOOST RATES AS PROFIT MARGINS DIP.(BUSINESS)
Continued health-care hikes are forecast. (Business Briefs).(AON Consulting survey results)(Brief Article)(Industry Overview)(Statistical Data...
Health maintenance organizations: serving L.A. County; ranked by number of Southern California members. (The List).(Directory)(Illustration)
HMO PROFITS UP 81% IN 2002, REPORTS WEISS RATINGS.
Strategies for physicians in health care's market revolution.(The Five Stages Of Managed Care)(Column)
Two views on mergers: industry greed, not patients' interest, drives consolidation of health insurers.(COMMENTARY)