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| Date | Title | | | May 06, 2013 | Universal American Corp. to Present at Upcoming Investor Conferences| WHITE PLAINS, N.Y.--(BUSINESS WIRE)--May. 6, 2013--
Universal American Corp. (NYSE: UAM) today announced that:
Robert Waegelein, President & CFO, will present at the Bank of America
Merrill Lynch Health Care Conference on Thursday, May 16, 2013 at 9:20
am Pacific Time at the Encore at the Wynn, in Las Vegas, NV.
Richard Barasch, Chairman & CEO, will present at the UBS Global
Healthcare Services Conference... |
|  | | Apr 29, 2013 | Universal American Corp. Reports First Quarter 2013 Results| WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Apr. 29, 2013--
Universal American Corp. (NYSE: UAM) announced financial results for the
quarter ended March 31, 2013.
Results of First Quarter 2013
We reported net income for the first quarter of 2013 of $14.0 million,
or $0.16 per share. These results include the following after-tax items:
$1.6 million, or $0.02 per share, of net realized investment gains;
$... |
| | | Apr 22, 2013 | Universal American Corp. Schedules 2013 First Quarter Earnings Release for Monday, April 29th and Conference Call on Tuesday, April 30th| WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Apr. 22, 2013--
Universal American Corp. (NYSE: UAM) announced today that it will issue
its financial results for the first quarter ended March 31, 2013 after
the market closes on Monday, April 29, 2013.
Universal American’s Chairman & CEO, Richard Barasch and President &
CFO, Robert Waegelein, will host a conference call on Tuesday, April 30,
2013, at 10:00 am Eastern Time to discuss the financial res... |
| | | Mar 12, 2013 | Universal American Corp. to Present at the Barclays Capital Global Healthcare Conference on Wednesday, March 13th| WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Mar. 12, 2013--
Universal American Corp. (NYSE: UAM) announced today that its Chairman &
CEO, Richard Barasch will present at the Barclays Capital Global
Healthcare Conference on Wednesday, March 13, 2013
at 10:15 am Eastern Time at the Loews Miami Beach Hotel, in Miami
Beach, FL. Mr. Barasch had previously been scheduled to present on March
14th.
The presentation will be simultaneously webcast ... |
| | | Mar 04, 2013 | Universal American Corp. to Present at the Barclays Capital Global Healthcare Conference on Thursday, March 14th| WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Mar. 4, 2013--
Universal American Corp. (NYSE: UAM) announced today that its Chairman &
CEO, Richard Barasch will present at the Barclays Capital Global
Healthcare Conference on Thursday, March 14, 2013 at 10:15 am Eastern
Time at the Loews Miami Beach Hotel, in Miami Beach, FL.
The presentation will be simultaneously webcast over the Internet via
the Investor Relations section of the Company's website... |
| | | Feb 19, 2013 | Universal American Corp. Reports 2012 Fourth Quarter and Full Year Results| WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Feb. 19, 2013--
Universal American Corp. (NYSE: UAM) today announced financial results
for the quarter and year ended December 31, 2012.
Fourth Quarter 2012
Universal American’s reported net income for the fourth quarter of 2012
was $15.0 million, or $0.17 per share. These results include the
following after-tax items:
$2.4 million, or $0.03 per share, of net realized inves... |
| | | Feb 13, 2013 | Universal American Corp. to Present at the Citi Global Healthcare Conference on Tuesday, February 26th| WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Feb. 13, 2013--
Universal American Corp. (NYSE: UAM) announced today that its Chairman &
CEO, Richard Barasch, will present at the Citi Global Healthcare
Conference on Tuesday, February 26, 2013 at 2:15 pm Eastern Time at the
Hilton New York Hotel.
The presentation will be simultaneously webcast over the Internet via
the Investor Relations section of the Company’s website at www.UniversalAmerican.com.
... |
| | | Feb 06, 2013 | Universal American Corp. Schedules 2012 Fourth Quarter Earnings Release for Tuesday, February 19th and Conference Call on Wednesday, February 20th| WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Feb. 6, 2013--
Universal American Corp. (NYSE: UAM) announced today that it will issue
its financial results for the fourth quarter ended December 31, 2012
after the market closes on Tuesday, February 19, 2013.
Universal American’s Chairman & CEO, Richard Barasch and Co-President &
CFO, Robert Waegelein, will host a conference call at 8:30 am Eastern
Time on Wednesday, February 20, 2013 to discuss ... |
| | | Jan 10, 2013 | Universal American Subsidiary Receives Approval for Fifteen New Accountable Care Organizations under the Medicare Shared Savings Program Bringing Total to 31 ACOs| WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Jan. 10, 2013--
Universal American Corp. (NYSE: UAM) announced today that its
subsidiary, Collaborative Health Systems (CHS), has partnered with 15
additional groups of physicians to form Accountable Care Organizations
(ACOs) that were approved to participate in the Medicare Shared Savings
Program with an effective date of January 1, 2013. Together with the 16
ACOs previously approved by the Centers for Medicare &... |
| | | Jan 03, 2013 | Universal American Corp. to Present at the J.P. Morgan 31st Annual Healthcare Conference on January 8th| WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Jan. 3, 2013--
Universal American Corp. (NYSE: UAM) announced today that its Chairman &
CEO, Richard Barasch, will present at the J.P. Morgan 31st Annual
Healthcare Conference on Tuesday, January 8, 2013 at 4:30 pm Pacific
Time at the Westin St. Francis Hotel, in San Francisco, CA.
The presentation will be simultaneously webcast over the Internet via
the Investor Relations section of the Company’s webs... |
| | | Nov 01, 2012 | Universal American Corp. Reports Third Quarter 2012 Results; Announces $1.00 Per Share Special Dividend| RYE BROOK, N.Y.--(BUSINESS WIRE)--Nov. 1, 2012--
Universal American Corp. (NYSE: UAM) today announced financial results
for the quarter ended September 30, 2012.
Third Quarter 2012 Highlights
Net income was $13.8 million, or $0.16 per share.
Revenues were $549 million.
Special Cash Dividend
On November 1, 2012, Universal American’s board of directors approved
the paymen... |
| | | Oct 29, 2012 | Universal American Corp. Reschedules 2012 Third Quarter Earnings Release and Conference Call Due to Storm | Release to Be Issued Thursday, November 1st and Conference Call to Be Held on Friday, November 2nd
RYE BROOK, N.Y.--(BUSINESS WIRE)--Oct. 29, 2012-- Universal American Corp. (NYSE: UAM) announced today that it has rescheduled the issuance of its financial results for the third quarter ended September 30, 2012 due to the severe weather impacting the East Coast. Universal American will now issue this release after the market closes on Thursday, November 1, 2012.
The Company’s quarterly confere... |
| | | Oct 26, 2012 | Universal American Corp. Schedules 2012 Third Quarter Earnings Release for Tuesday, October 30th and Conference Call on Wednesday, October 31st| RYE BROOK, N.Y.--(BUSINESS WIRE)--Oct. 26, 2012--
Universal American Corp. (NYSE: UAM) announced today that it will issue
its financial results for the third quarter ended September 30, 2012
after the market closes on Tuesday, October 30, 2012.
Universal American’s Chairman & CEO, Richard Barasch and Co-President &
CFO, Robert Waegelein, will host a conference call at 8:00 am Eastern
Time on Wednesday, October 31, 2012 to discuss the ... |
| | | Jul 25, 2012 | Universal American Corp. Reports Second Quarter 2012 Results| RYE BROOK, N.Y.--(BUSINESS WIRE)--Jul. 25, 2012--
Universal American Corp. (NYSE: UAM) today announced financial results
for the quarter ended June 30, 2012.
Second Quarter 2012 Results
Net income was $4.7 million, or $0.05 per share.
Revenues were $542 million.
2012 Guidance
Universal American expects to earn approximately $0.64 to $0.68 per
diluted share f... |
| | | Jul 20, 2012 | Universal American Corp. Schedules 2012 Second Quarter Earnings Release for Wednesday, July 25th and Conference Call on Thursday, July 26th| RYE BROOK, N.Y.--(BUSINESS WIRE)--Jul. 20, 2012--
Universal American Corp. (NYSE: UAM) announced today that it will issue
its financial results for the second quarter ended June 30, 2012 after
the market closes on Wednesday, July 25, 2012.
Universal American’s Chairman & CEO, Richard Barasch and Co-President &
CFO, Robert Waegelein, will host a conference call at 9:00 am Eastern
Time on Thursday, July 26, 2012 to discuss the financial... |
| | | May 29, 2012 | Universal American Corp. to Present at the Goldman Sachs Global Healthcare Conference and the Jefferies Global Healthcare Conference on Thursday, June 7th| RYE BROOK, N.Y.--(BUSINESS WIRE)--May. 29, 2012--
Universal American Corp. (NYSE: UAM) today announced that:
Gregory Scott, Co-President will present at the Goldman Sachs Global
Healthcare Conference on Thursday, June 7th at 8:00 am PT
at the Terranea Resort, Rancho Palos Verdes, CA.
Richard Barasch, Chairman & CEO will present at the Jefferies Global
Healthcare Conference on Thursday, June 7th at 11:00 a... |
| | | May 01, 2012 | Universal American Corp. to Present at the Deutsche Bank Securities Health Care Conference on Monday, May 7th and Bank of America Merrill Lynch Health Care Conference on Wednesday, May 16th| RYE BROOK, N.Y.--(BUSINESS WIRE)--May. 1, 2012-- Universal American Corp. (NYSE: UAM) today announced that:
Robert Waegelein, Co-President & CFO will present at the Deutsche Bank Securities Health Care Conference on Monday, May 7, 2012 at 9:20 am ET at the InterContinental Boston.
Richard Barasch, Chairman & CEO will present at the Bank of America Merrill Lynch Health Care Conference on Wednesday, May 16, 2012 at 4:20 pm PT at the Encore at the Wynn, in Las Vegas, NV.
Both presentations ... |
| | | Apr 30, 2012 | Universal American Corp. Reports First Quarter 2012 Results| RYE BROOK, N.Y.--(BUSINESS WIRE)--Apr. 30, 2012--
Universal American Corp. (NYSE: UAM) announced financial results for the
quarter ended March 31, 2012.
First Quarter 2012 Results
Net income was $20.8 million, or $0.25 per share.
Revenues were $532 million.
Raises 2012 Guidance
Universal American expects to earn approximately $0.64 to $0.68 per
diluted share... |
| | | Apr 16, 2012 | Universal American Corp. Schedules 2012 First
Quarter Earnings Release for Monday, April 30th
And Conference Call on
Tuesday, May 1st| RYE BROOK, N.Y., Apr 16, 2012 (BUSINESS WIRE) --Universal American Corp. (NYSE: UAM) announced today that it will issue
its financial results for the first quarter ended March 31, 2012 after
the market closes on Monday, April 30, 2012.
Universal American's Chairman & CEO, Richard Barasch and Co-President &
CFO, Robert Waegelein, will host a conference call at 9:00 am Eastern
Time on Tuesday, May 1, 2012 to discuss the financial results and recent
... |
| | | Mar 07, 2012 | Universal American Corp. to Present at the Barclays Capital Global Healthcare Conference on Tuesday, March 13th| RYE BROOK, N.Y.--(BUSINESS WIRE)--Mar. 7, 2012-- Universal American Corp. (NYSE: UAM) announced today that its Chairman & CEO, Richard Barasch will present at the Barclays Capital Global Healthcare Conference on Tuesday, March 13, 2012 at 1:30 pm Eastern Time at the Loews Miami Beach Hotel, in Miami Beach, FL.
The presentation will be simultaneously webcast over the Internet via the Investor Relations section of the Company's website at http://www.UniversalAmerican.com. A replay of the present... |
| | | Mar 02, 2012 | Universal American Completes Acquisition of APS Healthcare| RYE BROOK, N.Y.--(BUSINESS WIRE)--Mar. 2, 2012-- Universal American Corp. (NYSE: UAM) today announced that it has completed its acquisition of APS Healthcare, a leading provider of specialty healthcare solutions primarily to Medicaid agencies.
The transaction significantly enhances Universal American’s breadth of capabilities to participate in the emerging growth opportunities in healthcare, including the large dual eligible opportunity. APS Healthcare brings a full range of healthcare solutio... |
| | | Mar 01, 2012 | Universal American Corp. to Present at the Raymond James 33rd Annual Institutional Investors Conference on Wednesday, March 7th| RYE BROOK, N.Y.--(BUSINESS WIRE)--Mar. 1, 2012--
Universal American Corp. (NYSE: UAM) announced today that its Executive
Vice President & CFO Robert A. Waegelein will present at the Raymond
James 33rd Annual Institutional Investors Conference on
Wednesday, March 7, 2012 at 9:15 am Eastern Time at the JW Marriott
Grande Lakes, Orlando, Florida.
The presentation will be simultaneously webcast over the Internet via
the Investor Relati... |
| | | Feb 21, 2012 | Universal American Corp. to Present at the Citi Health Care Conference on Tuesday, February 28th| RYE BROOK, N.Y.--(BUSINESS WIRE)--Feb. 21, 2012-- Universal American Corp. (NYSE: UAM) announced today that its Chairman & CEO, Richard Barasch, will present at the Citi Health Care Conference on Tuesday, February 28, 2012 at 8:00 am Eastern Time at the Waldorf-Astoria Hotel in New York City.
The presentation will be simultaneously webcast over the Internet via the Investor Relations section of the Company's website at http://www.UniversalAmerican.com. In addition, the presentation slides will... |
| | | Feb 15, 2012 | Universal American Corp. Reports 2011 Fourth Quarter and Full Year Results| RYE BROOK, N.Y.--(BUSINESS WIRE)--Feb. 15, 2012-- Universal American Corp. (NYSE: UAM) today announced financial results for the quarter and year ended December 31, 2011.
Fourth Quarter 2011
Universal American’s reported net loss for the fourth quarter of 2011 was $20.0 million, or $0.25 per share. Adjusted net income1 for the fourth quarter of 2011 was $10.4 million, or $0.13 per share, which excludes the following after-tax items:
$25.5 million, or $0.31 per share, of charges incurred ... |
| | | Feb 07, 2012 | Universal American Corp. Schedules 2011 Fourth Quarter Earnings Release for Wednesday, February 15th and Conference Call on Thursday, February 16th| RYE BROOK, N.Y.--(BUSINESS WIRE)--Feb. 7, 2012-- Universal American Corp. (NYSE: UAM) announced today that it will issue its financial results for the fourth quarter and year ended December 31, 2011 after the market closes on Wednesday, February 15, 2012.
Universal American’s Chairman & CEO, Richard Barasch and Executive Vice President & CFO, Robert Waegelein, will host a conference call at 9:00 am Eastern Time on Thursday, February 16, 2012 to discuss the financial results and recent ... |
| | | Jan 25, 2012 | Universal American Corp. to Present at the UBS 22nd Annual Global Healthcare Services Conference on February 7th| RYE BROOK, N.Y.--(BUSINESS WIRE)--Jan. 25, 2012-- Universal American Corp. (NYSE: UAM) announced today that its Chairman & CEO, Richard Barasch, will present at the UBS 22nd Annual Global Healthcare Services Conference on Tuesday, February 7, 2012 at 4:30 pm Eastern Time at the Grand Hyatt Hotel in New York City.
The presentation will be simultaneously webcast over the Internet via the Investor Relations section of the Company’s website at http://www.UniversalAmerican.com. In addition, the pre... |
| | | Jan 11, 2012 | Universal American Corp. to Acquire APS Healthcare| Significantly Enhances Capabilities to Participate in Emerging Growth Opportunities, including Dual Eligibles
APS Management Team to Continue to Lead Medicaid Business
RYE BROOK, N.Y.--(BUSINESS WIRE)--Jan. 11, 2012-- Universal American Corp. (NYSE: UAM) today announced that it has entered into a definitive agreement to acquire APS Healthcare, Inc. ("APS Healthcare”), a leading provider of specialty healthcare solutions for $227.5 million.
The transaction significantly enhances Universal A... |
| | | Jan 03, 2012 | Universal American Corp. to Present at the J.P. Morgan 30th Annual Healthcare Conference on January 11th| RYE BROOK, N.Y.--(BUSINESS WIRE)--Jan. 3, 2012-- Universal American Corp. (NYSE: UAM) announced today that its Chairman & CEO, Richard Barasch, will present at the J.P. Morgan 30th Annual Healthcare Conference on Wednesday, January 11, 2012 at 8:30 am Pacific Time at the Westin St. Francis Hotel, in San Francisco, CA.
The presentation will be simultaneously webcast over the Internet via the Investor Relations section of the Company’s website at http://www.UniversalAmerican.com. In addition, th... |
| | | Oct 26, 2011 | Universal American Corp. Reports Third Quarter
2011 Results| RYE BROOK, N.Y., Oct 26, 2011 (BUSINESS WIRE) --Universal American Corp. (NYSE: UAM) today announced financial results
for the quarter ended September 30, 2011.
Third Quarter 2011 Highlights
Net income was $14.1 million, or $0.17 per share.
Revenues were $581.9 million.
The Company was released from marketing and enrollment sanctions on
August 5, 2011 and began accepting enrollment of Medicare Advantage
... |
| | | Oct 19, 2011 | Universal American Corp. Schedules 2011 Third Quarter Earnings Release for Wednesday, October 26th and Conference Call on Thursday, October 27th| RYE BROOK, N.Y., Oct 19, 2011 (BUSINESS WIRE) -- Universal American Corp. (NYSE: UAM) announced today that it will issue its financial results for the third quarter ended September 30, 2011 after the market closes on Wednesday, October 26, 2011.
Universal American's Chairman & CEO, Richard Barasch and Executive Vice President & CFO, Robert Waegelein, will host a conference call at 9:30 a.m. Eastern Time on Thursday, October 27, 2011 to discuss the financial results and recent corporate... |
| | | Sep 06, 2011 | Universal American Announces Extension of Exchange Offer| RYE BROOK, N.Y., Sep 06, 2011 (BUSINESS WIRE) -- Universal American Corp. (NYSE: UAM) announced today that it has extended the expiration date for its exchange offer to exchange up to $40,000,000 of its 8.50% Series A Mandatorily Redeemable Preferred Shares (the "Shares") for a like principal amount of its 8.5% Series A Mandatorily Redeemable Preferred Shares, which have been registered under the Securities Act of 1933.
Universal American has extended the exchange offer so that it will now exp... |
| | | Aug 05, 2011 | Universal American Approved for New Medicare Advantage Sales| RYE BROOK, N.Y., Aug 05, 2011 (BUSINESS WIRE) --Universal American Corp. (NYSE: UAM) announced today that the Centers
for Medicare & Medicaid Services (CMS) has lifted its enrollment and
marketing sanctions for Universal American's Medicare Advantage (MA)
plans, effective immediately.
Richard Barasch, Chairman and CEO of Universal American, stated, "We
have worked hard to resolve the issues that led to the sanction and we
made significant improvem... |
| | | Aug 01, 2011 | Universal American Corp. Reports Second Quarter 2011 Results| UNIVERSAL AMERICAN CORP. REPORTS
SECOND QUARTER 2011 RESULTS
Rye Brook, NY – August 1, 2011 – Universal American Corp. (NYSE: UAM) today announced financial results for the quarter ended June 30, 2011.
Second Quarter 2011 Highlights
Closed the sale of the Part D business to CVS Caremark on April 29, 2011. Shareholders received $14.00 in cash and one share of new Universal American common stock. Operating results of the Part D segment are treated as discontinued operations.
Universal Am... |
| | | Jul 11, 2011 | Universal American Corp. Schedules 2011 Second
Quarter Earnings Release for Monday, August 1st
and Conference Call on Tuesday, August 2nd| RYE BROOK, N.Y., Jul 11, 2011 (BUSINESS WIRE) --Universal American Corp. (NYSE: UAM) announced today that it will issue
its financial results for the second quarter ended June 30, 2011 after
the market closes on Monday, August 1, 2011.
Universal American's Chairman & CEO, Richard Barasch and Executive Vice
President & CFO, Robert Waegelein, will host a conference call at 8:30
a.m. Eastern Time on Tuesday, August 2, 2011 to discuss the financial
... |
| | | May 27, 2011 | Universal American Corp. to Present at the
Jefferies 2011 Global Healthcare Conference on Monday, June 6th| RYE BROOK, N.Y., May 27, 2011 (BUSINESS WIRE) --Universal American Corp. (NYSE: UAM) announced today that its Chairman &
CEO, Richard Barasch, will present at the Jefferies Global Healthcare
Conference on Monday, June 6, 2011 at 11:00 am Eastern Time at the Grand
Hyatt Hotel in New York City.
The presentation will be simultaneously webcast over the Internet via
the Investor Relations section of the Company's website at www.universalamerican.com.
I... |
| | | May 03, 2011 | Universal American Corp. to Present at Bank of
America Merrill Lynch Health Care Conference| RYE BROOK, N.Y., May 03, 2011 (BUSINESS WIRE) --Universal American Corp. (NYSE: UAM) announced today that Richard
Barasch, Chairman & CEO will present at the Bank of America Merrill
Lynch Health Care Conference on May 11, 2011 at 1:40 pm PT, at the
Encore at Wynn, in Las Vegas, NV.
The presentation, along with accompanying slides, will be simultaneously
webcast over the Internet via the Investor Relations section of the
Company's website at www.Un... |
| | | Apr 29, 2011 | Universal American Corp. Announces the Closing
of the Sale of Its Part D Business to CVS Caremark| RYE BROOK, N.Y., Apr 29, 2011 (BUSINESS WIRE) --Universal American Corp. (NYSE: UAM) (the "Company") today
announced that it closed the sale of its Medicare Part D business to CVS
Caremark (the "Part D Transaction")
on Friday April 29, 2011 for a purchase price of $1.25 billion plus
excess capital relating to the Part D business.
As previously announced, shareholders as of the close of trading on
April 29, 2011 will receive $14.00 in cash and one shar... |
| | | Apr 27, 2011 | Universal American Corp. Announces the Timing
of the Closing of the CVS/Caremark Transaction and Reports First Quarter
2011 Results| RYE BROOK, N.Y., Apr 27, 2011 (BUSINESS WIRE) --Universal American Corp. (NYSE: UAM) (the "Company" or "Universal
American") today announced the timing of the closing of the
CVS/Caremark transaction and financial results for the quarter ended
March 31, 2011.
CVS/Caremark Transaction
Expected to close on Friday, April 29, 2011 subject to completion of
customary closing conditions.
Shareholders will receive $14.00 i... |
| | | Mar 22, 2011 | Universal American Announces Record Date and Special Meeting to Vote on Sale of Medicare Part D Business to CVS Caremark| RYE BROOK, N.Y., Mar 22, 2011 (BUSINESS WIRE) -- Universal American Corp. (NYSE: UAM) announced today the record date and meeting date for a special meeting of its shareholders to consider and vote upon the proposal to adopt the previously announced definitive agreement, dated as of December 30, 2010, providing for the acquisition of the Company's Medicare Part D business by CVS Caremark (the "Transaction") and other matters set forth in the definitive proxy statement that will be mailed to the ... |
| | | Mar 01, 2011 | CVS Caremark and Universal American Announce Termination of Hart-Scott-Rodino Waiting Period| PRESS RELEASE: CVS Caremark and Universal American Announce Termination of Hart-Scott-Rodino Waiting Period
(Dow Jones and Company, Inc.) Mar 01 09:29 AM EST
WOONSOCKET, R.I. and RYE BROOK, N.Y., March 1, 2011 /PRNewswire/ -- In connection with the previously announced acquisition of the Medicare Part D business of Universal American (NYSE: UAM) by CVS Caremark (NYSE: CVS), both companies announced today that the Federal Trade Commission has granted early termination of the waiting period unde... |
| | | Feb 25, 2011 | Universal American Enters Into Stipulation of
Settlement To Resolve 2005 Shareholder's Derivative Action| RYE BROOK, N.Y., Feb 25, 2011 (BUSINESS WIRE) --Universal American Corp. (NYSE: UAM) today announced that it entered
into a Stipulation of Settlement to resolve a 2005 shareholder's
derivative action brought by Arthur Tsutsui against certain of the
Company's officers and directors (No. 05-22523). The proposed settlement
was preliminarily approved by the Court on February 10, 2011 and is
subject to the final approval of the Court. A hearing has been schedul... |
| | | Feb 24, 2011 | Universal American Corp. to Present at Conferences| RYE BROOK, N.Y., Feb 24, 2011 (BUSINESS WIRE) -- Universal American Corp. (NYSE: UAM) announced today that its management will present at the following conferences:
Citi Healthcare Conference: Chairman & CEO, Richard Barasch, will present on March 2, 2011 at 9:00 am ET at the Hilton Hotel, in New York City.
Raymond James Institutional Investor Conference: CFO, Robert Waegelein, will present on March 8, 2011 at 1:05 pm ET at the JW Marriott Grande Lakes Hotel, in Orlando, FL.
Barcla... |
| | | Feb 17, 2011 | Universal American Corp. Reports 2010 Fourth
Quarter and Full Year Results| RYE BROOK, N.Y., Feb 17, 2011 (BUSINESS WIRE) --Universal American Corp. (NYSE: UAM) today announced financial results
for the quarter and year ended December 31, 2010.
Fourth Quarter 2010 Highlights
Net income was $104.5 million, or $1.32 per share, including net
non-recurring tax benefits of $2.8 million, or $0.03 per share, and
unfavorable after-tax special items of $12.6 million, or $0.16 per
share.
Revenu... |
| | | Feb 04, 2011 | Universal American Corp. Schedules 2010 Fourth
Quarter and Year-End Financial Results Release and Conference Call for
Thursday, February 17th| RYE BROOK, N.Y., Feb 04, 2011 (BUSINESS WIRE) --Universal American Corp. (NYSE: UAM) announced today that it will issue
its financial results for the fourth quarter and year-ended December 31,
2010 at 7:00 a.m. Eastern Time on Thursday, February 17, 2011.
Universal American's Chairman & CEO, Richard Barasch and Executive Vice
President & CFO, Robert Waegelein, will host a conference call at 9:00
a.m. Eastern Time on Thursday, February 17, 2011 to disc... |
| | | Jan 31, 2011 | Universal American Corp. to Present at the UBS
21st Annual
Global Healthcare Services Conference on February 8th| RYE BROOK, N.Y., Jan 31, 2011 (BUSINESS WIRE) --Universal American Corp. (NYSE: UAM) announced today that its Chairman &
CEO, Richard Barasch, will present at the UBS 21st Annual
Global Healthcare Services Conference on Tuesday, February 8, 2011 at
3:30 pm Eastern Time at the Grand Hyatt Hotel in New York City.
The presentation will be simultaneously webcast over the Internet via
the Investor Relations section of the Company's website at www.universalamer... |
| | | Jan 03, 2011 | Universal American Corp. to Present at the J.P.
Morgan 29th
Annual Healthcare Conference on January 12th| RYE BROOK, N.Y., Jan 03, 2011 (BUSINESS WIRE) --Universal American Corp. (NYSE: UAM) announced today that its Chairman &
CEO, Richard Barasch, will present at the J.P. Morgan 29th
Annual Healthcare Conference on Wednesday, January 12, 2011 at 8:00 am
Pacific Time at the Westin St. Francis Hotel, in San Francisco, CA.
Investors will be able to access the presentation live over the Internet
via the Investor Relations section of the Company's website at www.... |
| | | Dec 31, 2010 | Universal American to Sell Medicare Prescription Drug Business to CVS Caremark| Universal American Shareholders to Receive Approximately $12.80 - $13.00 Per Share and One Share of a New Public Company That Will Own the Medicare Advantage and Traditional Insurance Businesses of Universal American
RYE BROOK, N.Y., Dec 31, 2010 (BUSINESS WIRE) -- Universal American Corp. (NYSE: UAM) and CVS Caremark Corporation (NYSE: CVS) today announced that they have entered into a definitive agreement under which CVS Caremark will acquire the Medicare Prescription Drug business of Unive... |
| | | Dec 09, 2010 | Universal American Names 2010 Community CCRx(SM) PDP Pharmacy of the Year| Peterson Drug and Gifts in Mountain Lake, Minn., Recognized for Its Commitment to Patients and the Community
RYE BROOK, N.Y., Dec. 9, 2010 /PRNewswire via COMTEX/ --Universal American (NYSE: UAM), the nation's second largest Medicare Part D plan sponsor(1) with its Community CCRx Prescription Drug plans, recently named Peterson Drug and Gifts in Mountain Lake, Minn., the 2010 Community CCRx Pharmacy of the Year. Owner Vernon Peterson and pharmacy staff were recognized for their commitment to ... |
| | | Nov 22, 2010 | Universal American Statement Regarding CMS
Action| RYE BROOK, N.Y., Nov 22, 2010 (BUSINESS WIRE) --Universal American (NYSE: UAM) announced today that the Centers for
Medicare and Medicaid Services (CMS) on November 19, 2010 notified the
Company of the imposition of intermediate sanctions suspending marketing
to and the enrollment of new members in the Company's Medicare Advantage
plans, effective December 5, 2010. According to CMS, the suspension
relates primarily to agent oversight and market conduct iss... |
| | | Nov 01, 2010 | Universal American Corp. Reports Third Quarter
2010 Results and Raises 2010 Guidance| RYE BROOK, N.Y., Nov 01, 2010 (BUSINESS WIRE) --Universal American Corp. (NYSE: UAM) today announced financial results
for the quarter ended September 30, 2010.
Third Quarter 2010 Highlights
Net income was $60.7 million, or $0.77 per share, including after-tax
net realized gains of $3.6 million, or $0.04 per share, and
non-recurring tax benefits of $7.8 million, or $0.10 per share.
Revenues increased 17% to $1.3 billion... |
| | | Oct 28, 2010 | Universal American Announces New Medicare Part D Benefit Making LIPITOR(R) and CRESTOR(R) Available for Low or No Copay(1)| Plans can save enrollees an estimated $230-$300 in 2011(2) on two popular cholesterol-lowering drugs through a network of 64,000 pharmacies nationwide
RYE BROOK, N.Y., Oct 28, 2010 /PRNewswire via COMTEX/ --Universal American (NYSE: UAM), the nation's second largest Medicare Part D sponsor(3), has partnered with the makers of LIPITOR and CRESTOR to provide broad and affordable access to these cholesterol-lowering prescription drugs. Effective January 1, 2011, all members of Universal American... |
| | | Oct 12, 2010 | Universal American Corp. Schedules Third Quarter Financial Results Release and Conference Call for Tuesday, November 2nd| Also Presenting at the Oppenheimer Healthcare Conference on November 2nd
RYE BROOK, N.Y., Oct 12, 2010 (BUSINESS WIRE) -- Universal American Corp. (NYSE: UAM) announced today that it will issue its financial results for the third quarter ended September 30, 2010 at 6:00 am Eastern Time on Tuesday, November 2, 2010.
Universal American's Chairman & CEO, Richard Barasch and Executive Vice President & CFO, Robert Waegelein, will host a conference call at 8:30 am Eastern Time on Tuesday,... |
| | | Jul 28, 2010 | Universal American Corp. Reports Second Quarter 2010 Results, Announces Special Dividend, and Raises 2010 Guidance| RYE BROOK, N.Y., Jul 28, 2010 (BUSINESS WIRE) -- Universal American Corp. (NYSE: UAM) today announced financial results for the quarter ended June 30, 2010.
Second Quarter 2010 Highlights
Net income was $21.0 million, or $0.27 per share, including a non-recurring tax benefit of $1.5 million, or $0.02 per share.
Revenues increased 17% to $1.5 billion from $1.2 billion for the prior year period.
Announces Special Dividend
On July 28, 2010, Universal American's Board of Director... |
| | | Jul 07, 2010 | Universal American Corp. Schedules
Second Quarter Financial Results Release for Wednesday, July 28th
and Conference Call for Thursday, July 29th| RYE BROOK, N.Y., Jul 07, 2010 (BUSINESS WIRE) --Universal American Corp. (NYSE: UAM) announced today that it will issue
its financial results for the second quarter ended June 30, 2010 after
the close of the stock market on Wednesday, July 28, 2010.
Universal American's management will host a conference call at 9:00 am
EDT on Thursday, July 29, 2010 to discuss financial results and recent
corporate developments. Additionally, a slide presentation, which will ... |
| | | Jun 07, 2010 | Universal American Corp. to Present at the Goldman Sachs Global Healthcare Conferenceon Thursday, June 17th| RYE BROOK, N.Y., Jun 07, 2010 (BUSINESS WIRE) --Universal American Corp. (NYSE: UAM) announced today that its Chief Financial Officer, Robert Waegelein, will present at the Goldman Sachs Global Healthcare Conference at 8:40 am Pacific Time on Thursday, June 17th at the Century Plaza Hyatt Regency Hotel in Los Angeles.
Investors will be able to access the presentation live over the Internet via the Investor Relations section of the Company's website at http://www.universalAmerican.com. A replay... |
| | | Jun 01, 2010 | Universal American Corp. and Rural Health Clinics Join Forces to Improve Care for Underserved Populations| RYE BROOK, N.Y., Jun 01, 2010 (BUSINESS WIRE) --Universal American Corp. (NYSE: UAM) andthe National Association of Rural Health Clinics ("NARHC") announced today a multi-year agreement to deliver quality health care to Medicare beneficiaries who live in rural communities. Universal American will provide rural health clinics with access to the Healthy CollaborationSM model of care coordination. Through the Healthy CollaborationSM, members have an advocate looking at their continuum of care and e... |
| | | Apr 30, 2010 | Universal American Corp. to Present at: Deutsche Bank Health Care Conference on May 3rd and Bank of America Merrill Lynch Health Care Conference on May 12th| RYE BROOK, N.Y., Apr 30, 2010 (BUSINESS WIRE) --Universal American Corp. (NYSE: UAM) announced today that its Chairman & CEO, Richard Barasch, will present at Deutsche Bank's 35th Annual Health Care Conference on Monday, May 3rd at 10:00 AM ET at the InterContinental in Boston and both he and Robert Waegelein, Executive Vice President and Chief Financial Officer will address the Bank of America Merrill Lynch Health Care Conference on Wednesday, May 12th at 10:00 AM ET at the Grand Hyatt in N... |
| | | Apr 29, 2010 | Universal American Corp. Reports First Quarter 2010 Results and Reaffirms 2010 Guidance| RYE BROOK, N.Y., Apr 29, 2010 (BUSINESS WIRE) --Universal American Corp. (NYSE: UAM) today announced financial results for the quarter ended March 31, 2010.
First Quarter 2010 Highlights
Net income was $1.4 million, or $0.02 per share, including a non-recurring tax benefit of $2.3 million, or $0.03 per share, and after-tax net realized losses of $0.2 million.
Revenues increased 11% to $1.5 billion from the $1.4 billion for the prior year period.
Reaffirms 2010 Guidance
Earnings... |
| | | Apr 27, 2010 | Universal American Corp. Announces Agreement to Sell Administrative Services Subsidiary CHCS Services, Inc.| RYE BROOK, N.Y., Apr 27, 2010 (BUSINESS WIRE) --Universal American Corp. (NYSE: UAM) today announced it has signed a definitive agreement to sell its wholly-owned subsidiary CHCS Services, Inc. ("CHCS"), to Patni Americas, Inc., a wholly-owned subsidiary of Computer Systems Limited (NYSE: PTI), a leading global Information Technology services and business processing outsourcing provider. The closing of this transaction is subject to regulatory approval and other customary closing conditions. Uni... |
| | | Apr 22, 2010 | Innovative Care Program for Medicare Members Earns Universal American "Case In Point Platinum Award"|
Universal American received the "Case In Point Platinum Award" for its successful and innovative Case Management Program for its Medicare health plan members on Tuesday, April 20, 2010. The award, given by Dorland Health, a leading integrated media publisher, recognized Universal American's "superior level of medical management services helping to improve wellness in America."
Universal American, through its family of healthcare companies, provides health benefits to more than two million peo... |
| | | Apr 15, 2010 | Universal American Corp. Schedules First Quarter Financial Results Release for Thursday, April 29th and Conference Call for Friday, April 30th| RYE BROOK, N.Y., Apr 15, 2010 (BUSINESS WIRE) --Universal American Corp. (NYSE: UAM) announced today that it will issue its financial results for the first quarter ended March 31, 2010 after the close of the stock market on Thursday, April 29th.
Universal American's management will host a conference call at 10:00 am Eastern Time on Friday, April 30, 2010 to discuss financial results and recent corporate developments. Interested parties may participate in the call by dialing 706-679-0770. Pleas... |
| | | Mar 05, 2010 | Universal American Corp. to Present at the Raymond James Institutional Investor Conference and the Barclays Capital Global Healthcare Conference on March 10th and 24th, Respectively| RYE BROOK, N.Y., Mar 05, 2010 (BUSINESS WIRE) -- Universal American Corp. (NYSE: UAM) announced today that its management will address institutional investors at two investment conferences as follows:
Raymond James Institutional Investor Conference: Universal American's CFO, Robert Waegelein, will present on March 10th at 9:15 am ET at the JW Marriott Grande Lake Hotel, in Orlando, FL.
Barclays Capital Global Healthcare Conference: Universal American's Chairman & CEO, Richard Barasch... |
| | | Feb 18, 2010 | Universal American Corp. Reports Fourth Quarter and Year Ended 2009 Results and Reaffirms 2010 Guidance| RYE BROOK, N.Y., Feb 18, 2010 (BUSINESS WIRE) -- Universal American Corp. (NYSE: UAM) today announced financial results for the quarter and year ended December 31, 2009.
Fourth Quarter 2009 Highlights
Net income was $88.8 million, or $1.12 per share, including after-tax net realized losses of $3.2 million, or $0.04 per share, and after-tax charges of $4.6 million, or $0.05 per share for special items.
Revenues increased to $1.2 billion from the $1.1 billion for the prior year period.
... |
| | | Feb 04, 2010 | Universal American Corp. to Present at the UBS 20th Annual Global Healthcare Services Conference on February 8th| RYE BROOK, N.Y., Feb 04, 2010 (BUSINESS WIRE) -- Universal American Corp. (NYSE: UAM) announced today that its Chairman & CEO, Richard Barasch, will present at the UBS 20th Annual Global Healthcare Services Conference on Monday, February 8, 2010 at 1:30 pm Eastern Time at the Grand Hyatt Hotel in New York City.
Investors will be able to access the presentation live over the Internet via the Investor Relations section of the Company's website at http://www.universalAmerican.com. A replay wi... |
| | | Jan 21, 2010 | Universal American Corp. to Present at the Jefferies 2010 Global Healthcare Services Conference on January 25th| RYE BROOK, N.Y., Jan 21, 2010 (BUSINESS WIRE) -- Universal American Corp. (NYSE: UAM) announced today that its Chairman & CEO, Richard Barasch, will present at the Jefferies Global Healthcare Services Conference on Monday, January 25, 2010 at 8:00 am Eastern Time at the Mandarin Oriental Hotel in New York City.
Investors will be able to access the presentation live over the Internet via the Investor Relations section of the Company's website at http://www.universalamerican.com. A replay wi... |
| | | Jan 13, 2010 | Universal American Corp. Schedules Fourth Quarter Financial Results Release for Thursday, February 18th and Conference Call for Friday, February 19th| RYE BROOK, Jan 13, 2010 (BUSINESS WIRE) -- Universal American Corp. (NYSE: UAM) announced today that it will issue its financial results for the fourth quarter ended December 31, 2009 after the close of the stock market on Thursday, February 18th.
Universal American's management will host a conference call at 9:00 am Eastern Time on Friday, February 19, 2010 to discuss financial results and recent corporate developments. Interested parties may participate in the call by dialing 706-679-0770. P... |
| | | Jan 12, 2010 | Universal American Corp. Announces 2010 Guidance| RYE BROOK, N.Y., Jan 12, 2010 (BUSINESS WIRE) -- Universal American Corp. (NYSE: UAM) today announced 2010 earnings per share guidance of between $1.70 and $1.80.
The following table provides additional information relating to our guidance.
($ in millions, except per share data)
FY 2010
Low
High
Diluted EPS
Operating EPS
$ 1.70
$ 1.80
Revenue
Medicare Advantage
$2,800
$3,000
Medicare Part D
2,190
2,270
... |
| | | Jan 05, 2010 | Universal American Corp. to Present at the J.P. Morgan 28th Annual Healthcare Conference on January 12th| RYE BROOK, N.Y., Jan 05, 2010 (BUSINESS WIRE) -- Universal American Corp. (NYSE: UAM) announced today that its Chairman & CEO, Richard Barasch, will present at the J.P. Morgan 28th Annual Healthcare Conference on Tuesday, January 12, 2010 at 8:00 am Pacific Time at the Westin St. Francis Hotel, in San Francisco, CA.
Investors will be able to access the presentation live over the Internet via the Investor Relations section of the Company's website at http://www.universalamerican.com. A repl... |
| | | Dec 16, 2009 | New Medicare Advantage Option Available for Syracuse-Area Residents| Plan offers affordable and innovative alternative to Original MedicareSYRACUSE, N.Y., Dec 16, 2009 /PRNewswire-FirstCall via COMTEX/ -- At a time when many people with Medicare in Syracuse are increasingly concerned about finding affordable health insurance, they now have a new Medicare Advantage option for 2010.
Today's Options(R) Preferred Provider Organization (PPO) Medicare Advantage plan provides a cost-effective and comprehensive alternative to Original Medicare or a Medicare supplement ... |
| | | Nov 09, 2009 | Maine Residents With Medicare Searching for Affordable and Innovative Insurance Have Competitive Medicare Advantage Option|
PITTSFIELD, Maine, Nov. 9 /PRNewswire/ -- At a time when the 250,000+ eligible Medicare recipients in Maine are increasingly concerned about finding affordable health insurance, they now have a competitive Medicare option for 2010.
The Today's Options® Preferred Provider Organization (PPO) Medicare Advantage plan provides a cost-effective and comprehensive alternative to Original Medicare or a Medicare Supplement plan. People with Medicare can choose to sign up for this new plan ... |
| | | Oct 29, 2009 | Universal American Corp. to Present at the Oppenheimer 20th Annual and Credit Suisse 18th Annual Healthcare Conferences| RYE BROOK, N.Y., Oct 29, 2009 (BUSINESS WIRE) -- Universal American Corp. (NYSE: UAM) announced today that its Chairman &
CEO Richard A. Barasch will address institutional investors at two
investment conferences scheduled as follows:
Oppenheimer 20th
Annual Healthcare Conference: on November 3, 2009 at 3:55
pm ET, at the Waldorf-Astoria Hotel in New York City.
Credit Suisse 18th
Annual Healthcare Conference: on November 12, 2009 at 7:... |
| | | Oct 28, 2009 | Universal American Corp. Reports Third Quarter 2009 Results and Raises 2009 EPS Guidance| RYE BROOK, N.Y.--(BUSINESS WIRE)--Oct. 28, 2009--
Universal American Corp. (NYSE: UAM) today announced financial results
for the quarter ended September 30, 2009.
Third Quarter 2009 Highlights
Net income was $59.7 million, or $0.74 per share, including after-tax
net realized losses of $3.1 million, or $0.04 per share, and a
non-recurring tax benefit of $5.0 million, or $0.06 per share.
Revenu... |
| | | Oct 08, 2009 | Universal American Corp. Schedules Third Quarter Financial Results Release for Wednesday, October 28th and Conference Call for Thursday, October 29th| RYE BROOK, N.Y.--(BUSINESS WIRE)--Oct. 8, 2009--
Universal American Corp. (NYSE: UAM) announced today that it will issue
its financial results for the third quarter ended September 30, 2009
after the close of the stock market on Wednesday, October 28, 2009.
Universal American’s management will host a conference call at 8:00 am
Eastern Time on Thursday, October 29, 2009 to discuss financial results
and recent corporate developments. Interested... |
| | | Sep 10, 2009 | Universal American Corp. Announces Strategic Alliance with Nifty after Fifty(R)| RYE BROOK, N.Y.--(BUSINESS WIRE)--Sep. 10, 2009--
Universal American Corp. (NYSE: UAM) is pleased to announce a strategic
alliance with Nifty after Fifty® (“NaF”), a company that
operates health and wellness centers focused primarily on the senior
community. Together, Universal American and NaF will open several
fitness and wellness centers in the Houston and Dallas markets over the
next several months with expansion to additional states and location... |
| | | Jul 30, 2009 | Universal American Corp. to Present at the BMO 9th Annual Focus on Healthcare Conference on Wednesday, August 5th| RYE BROOK, N.Y.--(BUSINESS WIRE)--Jul. 30, 2009--
Universal American Corp. (NYSE: UAM) announced today that its Chairman
and CEO, Richard Barasch, will address institutional investors at the
BMO 9th Annual Focus on Healthcare Conference on Wednesday,
August 5, 2009 at 8:00 am at the Millennium Broadway Hotel, in New York
City.
Investors will be able to access the audio portion of the presentation
live over the Internet via the Investor... |
| | | Jul 29, 2009 | Universal American Corp. Reports Second Quarter 2009 Results and Raises 2009 EPS Guidance| RYE BROOK, N.Y.--(BUSINESS WIRE)--Jul. 29, 2009--
Universal American Corp. (NYSE: UAM) today announced financial results
for the quarter ended June 30, 2009.
Second Quarter 2009 Highlights
Net income was $4.9 million, or $0.06 per share, including after-tax
net realized losses of $5.2 million, or $0.06 per share, and after-tax
charges of $11.8 million, or $0.15 per share for restructuring and
other special items... |
| | | Jul 17, 2009 | Universal American Corp. Schedules Second Quarter Financial Results Release for Wednesday, July 29th and Conference Call for Thursday, July 30th| RYE BROOK, N.Y.--(BUSINESS WIRE)--Jul. 17, 2009--
Universal American Corp. (NYSE: UAM) announced today that it will issue
its financial results for the second quarter ended June 30, 2009 after
the close of the stock market on Wednesday, July 29, 2009.
Universal American’s management will host a conference call at 10:00 am
Eastern Time on Thursday, July 30, 2009 to discuss financial results and
recent corporate developments. Interested parties... |
| | | Jun 02, 2009 | Universal American Corp. to Present at the Goldman Sachs 30th Annual Healthcare Conference on Tuesday, June 9th| RYE BROOK, N.Y.--(BUSINESS WIRE)--Jun. 2, 2009--
Universal American Corp. (NYSE: UAM) announced today that its Chairman
and CEO, Richard Barasch, will address institutional investors at the
Goldman Sachs 30th Annual Healthcare Conference on Tuesday,
June 9, 2009 at 10:45 am at the Grand Hyatt Hotel, in New York City.
Investors will be able to access the audio portion of the presentation
live over the Internet via the Investor Relations sectio... |
| | | May 08, 2009 | Universal American Corp. to Present At the 2009 Bank of America and Deutsche Bank 34th Annual Health Care Conferences| RYE BROOK, N.Y., May 8, 2009 (GLOBE NEWSWIRE) -- Universal American Corp. (NYSE:UAM) announced today that its management will address institutional investors at two investment conferences scheduled as follows:
2009 Bank of America Health Care Conference: Universal American's
CFO, Robert Waegelein, will present on May 12, 2009 at 10:00 am ET,
at the Palace Hotel in New York City.
Deutsche Bank 34th Annual Health Care Conference: Universal
American's, Chairman & CEO Richa... |
| | | Apr 29, 2009 | Universal American Corp. Reports First Quarter 2009 Results, Reaffirms 2009 EPS Guidance and Announces Closing of Its Life & Annuity Reinsurance Transaction| RYE BROOK, N.Y., April 29, 2009 (GLOBE NEWSWIRE) -- Universal American Corp. (NYSE:UAM) today announced financial results for the quarter ended March 31, 2009.
First Quarter 2009 Highlights
Net loss was $13.1 million, or $0.16 per share, including
after-tax net realized losses of $4.7 million, or $0.06 per
share.
Revenues increased 11% to $1.4 billion.
Reaffirm 2009 EPS Guidance
Earnings per share of $1.47 to $1.57, excluding realized
... |
| | | Apr 22, 2009 | Universal American Corp. Schedules First Quarter Financial Results Release for Wednesday, April 29th and Conference Call For Thursday, April 30th| RYE BROOK, N.Y., April 22, 2009 (GLOBE NEWSWIRE) -- Universal American Corp. (NYSE:UAM) announced today that it will issue its financial results for the first quarter ended March 31, 2009 after the close of the stock market on Wednesday, April 29, 2009.
Universal American's management will host a conference call at 9:00 am Eastern Time on Thursday, April 30, 2009, to discuss financial results and recent corporate developments. Interested parties may participate in the call by dialing 706-... |
| | | Mar 04, 2009 | Universal American Corp. to Present at the Barclays Capital Global Healthcare and the 30th Annual Raymond James Institutional Investors Conferences on Wednesday March 11th| RYE BROOK, N.Y., Mar 04, 2009 (BUSINESS WIRE) -- Universal American Corp. (NYSE: UAM) announced today that its management
will address institutional investors at two investment conferences
scheduled for Wednesday, March 11, 2009 as follows:
Barclays Capital Global Healthcare
Conference: Universal American's Chairman & CEO, Richard
Barasch, will present at 10:15 am ET, at the Loews Miami Beach Hotel,
in Miami Beach, FL.
30th Annual Ray... |
| | | Feb 17, 2009 | Universal American Corp. Reports Fourth Quarter and Year Ended 2008 Results and Reaffirms 2009 Guidance| RYE BROOK, N.Y.--(BUSINESS WIRE)--Feb. 17, 2009--
Universal American Corp. (NYSE: UAM) today announced financial results
for the quarter and year ended December 31, 2008.
Fourth Quarter 2008 Highlights
Net income was $63.9 million, or $0.75 per share, including net
realized losses of $3.4 million, or $0.04 per share, and goodwill
impairment of $3.9 million, or $0.05 per share.
Revenues increased ... |
| | | Feb 03, 2009 | Universal American Corp. Schedules Fourth Quarter Financial Results Release for Tuesday, February 17th and Conference Call for Wednesday, February 18th| RYE BROOK, N.Y.--(BUSINESS WIRE)--
Universal American Corp. (NYSE: UAM) announced today that it will issue
its financial results for the fourth quarter ended December 31, 2008
after the close of the stock market on Tuesday, February 17, 2009.
Universal American’s management will host a conference call at 9:00 am
Eastern Time on Wednesday, February 18, 2009, to discuss financial
results and recent corporate developments. Interested parties may... |
| | | Jan 13, 2009 | Universal American Corp. Announces 2009 Guidance| RYE BROOK, N.Y.--(BUSINESS WIRE)--Jan. 13, 2009--Universal American Corp. (NYSE: UAM) today announced 2009 earnings per
share guidance of between $1.47 and $1.57.
The following table provides additional information relating to our
guidance.
FY 2009
Low High
Diluted EPS
Operating EPS $ 1.47 $ 1.57
Shares Outstanding (mil... |
| | | Jan 08, 2009 | Renowned Consumer Advocate Joins Universal American| Robert Hayes Brings Expertise and Experience to Health Quality PositionRYE BROOK, N.Y., Jan 08, 2009 (BUSINESS WIRE) -- Universal American Corp. (NYSE: UAM) today announced that Robert M.
Hayes, President and General Counsel of the Medicare Rights Center
(MRC) since 2002, is joining the company as its Senior Vice President
for Health Quality.
Richard Barasch, Chairman and CEO of Universal American, said, "Bob will
continue to do for our members what he's done his... |
| | | Jan 05, 2009 | Universal American Corp. to Present at the J.P. Morgan 27th Annual Healthcare Conference on January 13th| RYE BROOK, N.Y.--(BUSINESS WIRE)--Jan. 5, 2009--Universal American Corp. (NYSE: UAM) announced today that its Chairman &
CEO, Richard Barasch, will present at the J.P. Morgan 27th Annual
Healthcare Conference on Tuesday, January 13, 2009 at 7:30 am Pacific
Time at the Westin St. Francis Hotel, in San Francisco, CA.
Investors will be able to access the presentation live over the Internet
via the Investor Relations section of the Company's website at ... |
| | | Dec 01, 2008 | Universal American Reinsures Life and Annuity Business| RYE BROOK, N.Y.--(BUSINESS WIRE)--Dec. 1, 2008--Universal American Corp. (NYSE: UAM) today announced it has agreed to
reinsure substantially all of its in force life insurance and annuity
business with Commonwealth Annuity and Life Insurance Company, a Goldman
Sachs Group, Inc. subsidiary (NYSE:GS).
The agreements, which are subject to regulatory approval, are expected
to become effective in the first quarter of 2009. The transaction will
gen... |
| | | Oct 30, 2008 | Universal American Corp. Reports Third Quarter 2008 Results and Updates 2008 Guidance| RYE BROOK, N.Y.--(BUSINESS WIRE)--Oct. 30, 2008--Universal
American Corp. (NYSE: UAM) today announced financial results for the
quarter ended September 30, 2008.
Third Quarter 2008 Highlights
Net income was $48.8 million, or $0.56 per share, including
net realized losses of $7.9 million, or $0.09 per share
Revenues increased to $1.1 billion
Strong capital base with parent company cash of $141 million
2008 Guidance
Earnings per share of... |
| | | Oct 24, 2008 | Universal American Corp. to Present at the Oppenheimer & Co. 19th Annual Healthcare Conference on November 4th| RYE BROOK, N.Y., Oct 24, 2008 (BUSINESS WIRE) -- Universal American Corp. (NYSE: UAM) announced today that its Chairman &
CEO, Richard Barasch, will present at the Oppenheimer & Co. 19th
Annual Healthcare Conference on Tuesday, November 4, 2008 at 10:00 am ET
at the Waldorf-Astoria Hotel, in New York City.
Investors will be able to access the presentation live over the Internet
via the Investor Relations section of the Company's
website at www.universalam... |
| | | Oct 17, 2008 | Universal American Corp. Schedules Third Quarter Financial Results Release for Thursday, October 30th and Conference Call for Friday, October 31st| RYE BROOK, N.Y.--(BUSINESS WIRE)--Universal American Corp. (NYSE: UAM) announced today that it will
issue its financial results for the third quarter ended September 30,
2008 after the close of the stock market on Thursday, October 30,
2008.
Universal American's management will host a conference call at
9:00 am Eastern Time on Friday, October 31, 2008, to discuss financial
results and recent corporate developments. Interested parties may
participate in the call by dialing 706-679-... |
| | | Aug 26, 2008 | Universal American Corp. to Present at the Keefe, Bruyette & Woods 2008 Insurance Conference on September 3rd| RYE BROOK, N.Y.--(BUSINESS WIRE)--Aug. 26, 2008--Universal
American Corp. (NYSE: UAM) announced today that its Executive Vice
President & CFO, Robert Waegelein, will present at the Keefe, Bruyette
& Woods 2008 Insurance Conference on Wednesday, September 3, 2008 at
2:05 pm EDT at the Waldorf Astoria Hotel, in New York City.
Investors will be able to access the presentation live over the
Internet via the Investor Relations section of the Company's website
at www.universalamerican.c... |
| | | Jul 31, 2008 | Universal American Corp. Reports Second Quarter 2008 Results and Maintains 2008 Guidance| RYE BROOK, N.Y.--(BUSINESS WIRE)--July 31, 2008-- Universal American Corp. (NYSE: UAM) today announced financial
results for the quarter ended June 30, 2008.
Second Quarter 2008 Highlights
Revenues increased to $1.3 billion
Net income was $28.4 million, or $0.32 per share, including
net realized gains of $1.8 million, or $0.02 per share
Repurchased 2.4 million additional shares at a total cost of
$26.2 million
Maintains 2008 Guidance... |
| | | Jul 17, 2008 | Universal American Corp. Schedules Second Quarter Financial Results Release for Thursday, July 31st and Conference Call for Friday, August 1st| RYE BROOK, N.Y.--(BUSINESS WIRE)--July 17, 2008--Universal
American Corp. (NYSE: UAM) announced today that it will issue its
financial results for the second quarter ended June 30, 2008 after the
close of the stock market on Thursday, July 31, 2008.
Universal American's management will host a conference call at
9:30 am Eastern Daylight Time on Friday, August 1, 2008, to discuss
financial results and recent corporate developments. Interested
parties may participate in the call by d... |
| | | Jun 09, 2008 | Universal American Corp. Announces Additional $50 Million Share Repurchase Authorization| RYE BROOK, N.Y.--(BUSINESS WIRE)--June 9, 2008--Universal American
Corp. (NYSE: UAM) today announced that its Board of Directors has
approved the repurchase of up to an additional $50 million of the
Company's common shares. As of the close of trading on Friday June 6,
2008, the Company has repurchased 4,028,779 shares, at an average
price of $11.29 per share, totalling $45.5 million under the $50
million share repurchase program that was authorized on February 19,
2008.
The Compa... |
| | | Jun 05, 2008 | Universal American Corp. to Present at the Goldman Sachs 29th Annual Healthcare Conference on June 10th| RYE BROOK, N.Y.--(BUSINESS WIRE)--June 5, 2008--Universal American
Corp. (NYSE: UAM) announced today that its Chairman & CEO, Richard
Barasch, will present at the Goldman Sachs 29th Annual Healthcare
Conference on Tuesday, June 10, 2008 at 7:30 am PDT at the Ritz
Carlton Niguel in Dana Point, CA.
Investors will be able to access the presentation live over the
Internet via the Investor Relations section of the Company's website
at www.universalamerican.com. A replay of the presenta... |
| | | May 16, 2008 | Universal American Corp. to Present at the Citi Global Healthcare Conference on May 22nd| RYE BROOK, N.Y.--(BUSINESS WIRE)--May 16, 2008--Universal American
Corp. (NYSE: UAM) announced today that its Chairman & CEO, Richard
Barasch, will present at the Citi Global Healthcare Conference on
Thursday, May 22, 2008 at 2:30 PM EDT at the Hilton New York, New
York, NY.
Investors will be able to access the presentation live over the
Internet via the Investor Relations section of the Company's website
at www.universalamerican.com. A replay of the presentation will be
availabl... |
| | | May 08, 2008 | Universal American Corp. to Present at the Banc of America 2008 Health Care Conference on May 14th| RYE BROOK, N.Y.--(BUSINESS WIRE)--May 8, 2008--Universal American
Corp. (NYSE: UAM) announced today that its Executive Vice President &
CFO, Robert Waegelein, will present at the Banc of America 2008 Health
Care Conference at 2 pm PDT/ 5 pm EDT on Wednesday, May 14, 2008 at
the Four Seasons, Las Vegas, NV.
Investors will be able to access the presentation live over the
Internet via the Investor Relations section of the Company's website
at www.universalamerican.com. A replay of th... |
| | | May 06, 2008 | Universal American Corp. Reports First Quarter 2008 Results and Maintains 2008 Guidance| RYE BROOK, N.Y., May 06, 2008 (BUSINESS WIRE) -- Universal American Corp. (NYSE: UAM) today announced financial
results for the quarter ended March 31, 2008.
First Quarter 2008 Highlights
-- Revenues increased to $1.2 billion
-- Net loss was $46.0 million, or $0.50 per share, including net
realized losses of $29.3 million, or $0.32 per share, from
additional impairments on our subprime portfolio
-- Repurchased 2.0 million shares at a total cost of $23.8
m... |
| | | Apr 22, 2008 | Universal American Corp. Schedules First Quarter Financial Results Release for Tuesday, May 6th and Conference Call for Wednesday, May 7th| RYE BROOK, N.Y.--(BUSINESS WIRE)--April 22, 2008--Universal
American Corp. (NYSE: UAM) announced today that it will issue its
financial results for the first quarter ended March 31, 2008 after the
close of the stock market on Tuesday, May 6, 2008.
Universal American's management will host a conference call at
9:30 am Eastern Daylight Time on Wednesday, May 7, 2008, to discuss
financial results and recent corporate developments. Interested
parties may participate in the call by dia... |
| | | Mar 17, 2008 | Universal American Corp. Writes Down 2007 Earnings Related to Its Sub-Prime Mortgage Holdings| RYE BROOK, N.Y.--(BUSINESS WIRE)--March 17, 2008--Universal
American Corp. (NYSE: UAM) (the Company) today announced that in
connection with the finalization of its 2007 Form 10-K filed with the
Securities and Exchange Commission today, it has determined that it
will write down certain of its sub-prime holdings to market value as
of December 31, 2007. Subsequent to the Company's fourth quarter and
full year earnings release on February 19, 2008, the Company
concluded, and its auditors... |
| | | Mar 17, 2008 | Universal American Corp. to Present at the Lehman Brothers Eleventh Annual Global Healthcare Conference on March 20th| RYE BROOK, N.Y.--(BUSINESS WIRE)--March 17, 2008--Universal
American Corp. (NYSE: UAM) announced today that its Chairman & CEO,
Richard Barasch, will present at the Lehman Brothers Eleventh Annual
Global Healthcare Conference on Thursday, March 20th at 8:00 am
Eastern Daylight Time, at the Loews Miami Beach Hotel in Miami, FL.
Investors will be able to access the audio portion of the
presentation live over the Internet via the Investor Relations section
of the Company's website at... |
| | | Mar 05, 2008 | Universal American Corp. Estimates Lower Earnings from Its MemberHealth Part D Plans| Revises 2008 Guidance
RYE BROOK, N.Y.--(BUSINESS WIRE)--March 5, 2008--Universal
American Corp. (NYSE: UAM) (the Company) today announced that it has
determined that expected operating income for 2008 from its
MemberHealth business, which it acquired in September 2007, will be
less than previously forecast. Accordingly, the Company is revising
its earnings guidance for 2008 to a range of $1.56 to $1.74 per share.
The reason for the decline in expected income is that premium
pay... |
| | | Feb 19, 2008 | Universal American Corp. Reports Fourth Quarter and Year End 2007 Results and Announces Share Buyback Program| RYE BROOK, N.Y., Feb 19, 2008 (BUSINESS WIRE) -- Universal American Corp. (NYSE: UAM) today announced financial
results for the quarter and year ended December 31, 2007.
Fourth Quarter 2007 Highlights
-- Net income was $56.3 million, or $0.61 per share
-- Revenues increased to $1.0 billion
Full Year 2007 Highlights
-- Net income was $110.1 million, or $1.54 per share
-- Revenues increased to $3.1 billion
Updated 2008 Guidance
-- Revenues between $4.4 to $5.1 billion
... |
| | | Feb 13, 2008 | CVS Caremark and Universal American Will End Medicare Part D Strategic Alliance at Year-End 2008| Economics Will Be Preserved For Each Company in Amicable Split
WOONSOCKET, R.I. & RYE BROOK, N.Y.--(BUSINESS WIRE)--Feb. 13,
2008--CVS Caremark (NYSE: CVS) and Universal American Corp. (NYSE:
UAM) announced today that their strategic alliance covering the
Prescription Pathway(SM) Medicare Part D prescription drug plan (PDP)
program will end as of December 31, 2008, subject to regulatory
approvals.
Since the inception of the program in 2006, Universal American has
offered Medica... |
| | | Feb 08, 2008 | Universal American Corp. Schedules Fourth Quarter Financial Results Release for Tuesday, February 19th and Conference Call for Wednesday, February 20th| RYE BROOK, N.Y.--(BUSINESS WIRE)--Feb. 8, 2008--Universal American
Corp. (NYSE: UAM) announced today that it plans to issue its financial
results for the fourth quarter ended December 31, 2007 after the close
of trading on the New York Stock Exchange on Tuesday, February 19,
2008.
Universal American's management will host a conference call at
9:30 am Eastern Time on Wednesday, February 20, 2008 to discuss
financial results and recent corporate developments. Interested
parties may... |
| | | Feb 05, 2008 | Universal American Corp. to Present at the UBS Global Healthcare Services Conference on February 12th| RYE BROOK, N.Y., Feb 05, 2008 (BUSINESS WIRE) -- Universal American Corp. (NYSE: UAM) announced today that its
Chairman & CEO, Richard Barasch, will present at the UBS Global
Healthcare Services Conference on Tuesday, February 12th at 3:30 pm
Eastern Time, at the Grand Hyatt Hotel in New York City.
Investors will be able to access the audio portion of the
presentation live over the Internet via the Investor Relations section
of the Company's website at www.universalamerican.com. The
corre... |
| | | Jan 03, 2008 | Universal American Corp. to Present at the 26th Annual JPMorgan Healthcare Conference on January 9th| RYE BROOK, N.Y.--(BUSINESS WIRE)--Jan. 3, 2008--Universal American
Corp. (NYSE: UAM) announced today that Richard Barasch, Chairman &
CEO, will present at the 26th Annual JPMorgan Healthcare Conference on
Wednesday, January 9th at 2:30 pm Pacific Time, at the Westin St.
Francis in San Francisco.
Investors will be able to access the audio portion of the
presentation live over the Internet via the Investor Relations section
of the Company's website at www.universalamerican.com. The
... |
| | | Dec 14, 2007 | Universal American Corp. Introduces 2008 Guidance| RYE BROOK, N.Y., Dec 14, 2007 (BUSINESS WIRE) -- Universal American Corp. (NYSE: UAM) today announced 2008 earnings
per share guidance of between $1.83 and $1.95.
The following table provides additional information relating to
our guidance.
FY 2008
----------------------------------------------------------------------
Low High
... |
| | | Dec 11, 2007 | Universal American Announces Webcast of Investor Day on Friday, December 14th|
RYE BROOK, N.Y.--(BUSINESS WIRE)--Universal American Corp. (NYSE: UAM) today announced that it will conduct
a live webcast of Investor Day which it is organizing in New York City
on Friday, December 14, 2007. The meeting will be hosted by Richard
Barasch, Chairman & Chief Executive Officer and will feature several
presentations by the senior leadership of the Company.Investor Day presentations are scheduled to begin at 9:00 a.m. Eastern
Standard Time a... |
| | | Nov 19, 2007 | Universal American Announces Name Change and Listing on the New York Stock Exchange| RYE BROOK, N.Y.--(BUSINESS WIRE)--Nov. 19, 2007--Effective
December 3, Universal American Financial Corp. ("Universal American")
(Nasdaq: UHCO) will change its corporate name to Universal American
Corp. Underscoring Universal American's growing leadership in the
healthcare industry, the company also announced that its common shares
will begin trading on the New York Stock Exchange (NYSE) on December
3, 2007. Its new ticker symbol will be UAM. Universal American's
common shares will ce... |
| | | Nov 05, 2007 | Universal American to Offer Medicare Advantage HMO Plans in 6 Key Markets in 2008| RYE BROOK, N.Y.--(BUSINESS WIRE)--Nov. 5, 2007--Universal American
Financial Corp. (NASDAQ: UHCO) today announced that the Centers for
Medicare and Medicaid Services (CMS) approved its bids to offer
Medicare Advantage HMO plans in six markets in 2008, including
Houston, TX; Beaumont (Golden Triangle), TX; Dallas, TX; Oklahoma
City, OK; Tulsa, OK; and Milwaukee, WI. The coverage service area will
expand in the company's largest HMO market through the addition of
Austin and Waller Count... |
| | | Nov 01, 2007 | Universal American Financial Corp. Reports Third Quarter 2007 Results| RYE BROOK, N.Y.--(BUSINESS WIRE)--Nov. 1, 2007--Universal American
Financial Corp. (NASDAQ: UHCO) today announced financial results for
the quarter ended September 30, 2007.
Third Quarter 2007 Highlights
Revenues from continuing operations increased by 125% year
over year to $738.2 million
Net income was $27.1 million, or $0.40 per diluted share
Total Medicare Advantage membership as of September 30, 2007
increased to approximately 237,000
... |
| | | Oct 30, 2007 | Universal American Financial Corp. to Present At the 18th Annual CIBC World Markets Healthcare Conference On Monday, November 5th| RYE BROOK, N.Y., Oct 30, 2007 (PrimeNewswire via COMTEX News Network) -- Universal American Financial Corp. (Nasdaq:UHCO) ("Universal American") today announced that Richard Barasch, Chairman & CEO, will present at the 18th Annual CIBC World Markets Healthcare Conference on Monday, November 5th at 8:35 am ET, at the Waldorf-Astoria Hotel in New York City. Investors will be able to access the presentation live over the Internet via the Investor Relations section of the Company's website at www.un... |
| | | Oct 15, 2007 | Universal American Financial Corp. Schedules Third Quarter Financial Results Release for Thursday, November 1st and Conference Call for Friday, November 2nd| RYE BROOK, N.Y.--(BUSINESS WIRE)--Oct. 15, 2007--Universal
American Financial Corp. (NASDAQ: UHCO) announced today that it will
issue its financial results for the third quarter ended September 30,
2007 after the close of the stock market on Thursday, November 1,
2007.
Universal American's management will host a conference call at
9:30 am Eastern Daylight Time on Friday, November 2, 2007 to discuss
financial results and recent corporate developments. Interested
parties may partic... |
| | | Oct 05, 2007 | Universal American Expands Private Fee-for-Service Coverage to 47 States in 2008| New co-branded plans extend product line and build strategic partnerships with healthcare providers and community pharmacists
RYE BROOK, N.Y.--(BUSINESS WIRE)--Oct. 5, 2007--In BW6198 issued
Oct. 3, 2007: Insert after sixth graph, first sentence of release: "We
are pleased to be working with Universal American to expand Medicare
Advantage coverage choices for the Medicare beneficiaries in our
service area," said Rob Bates, Avera's Senior Vice President.
The corrected release read... |
| | | Oct 03, 2007 | Community CCRx(SM) Part D Bid Approved by CMS| Plan qualifies for auto assigned dual eligibles in all but four regions and achieves highest customer satisfaction in Medicare survey
RYE BROOK, N.Y.--(BUSINESS WIRE)--Oct. 3, 2007--Universal American
Financial Corp. (NASDAQ: UHCO) joined today with MemberHealth LLC, a
subsidiary of Universal American, to announce the results of its bids
to offer Community CCRx Prescription Drug Plans nationwide in 2008.
The Centers for Medicare and Medicaid Services (CMS) approved
Universal Amer... |
| | | Oct 03, 2007 | Universal American to Offer 2008 Part D Drug Coverage in All 34 Regions| Plans qualify for auto assignment of dual eligibles in 30 regions
RYE BROOK, N.Y.--(BUSINESS WIRE)--Oct. 3, 2007--Universal American
Financial Corp. (NASDAQ: UHCO) today announced the results of its 2008
bids to offer Medicare Part D prescription drug plans (PDPs) through
its Prescription Pathway(SM) products, in conjunction with Caremark
Pharmacy Services, a subsidiary of CVS Caremark Corporation
(NYSE:CVS).
The Centers for Medicare and Medicaid Services (CMS) approved
Universa... |
| | | Sep 21, 2007 | Universal American Completes Acquisition of MemberHealth| RYE BROOK, N.Y.--(BUSINESS WIRE)--Sept. 21, 2007--Universal
American Financial Corp. ("Universal American") (NASDAQ: UHCO)
announced today that it has completed the acquisition of MemberHealth,
Inc. ("MemberHealth"), a privately-held pharmacy benefits manager
("PBM") and sponsor of CCRx, a national Medicare Part D plan with more
than 1.1 million members. The purchase price of approximately $630
million consists of 55% in cash and 45% in Universal American common
stock valued at $20 pe... |
| | | Sep 18, 2007 | Universal American Announces Receipt of All Approvals for Acquisition of MemberHealth| RYE BROOK, N.Y.--(BUSINESS WIRE)--Sept. 18, 2007--Universal
American Financial Corp. ("Universal American") (NASDAQ: UHCO)
announced that it has received all necessary approvals to complete its
acquisition of MemberHealth, Inc. ("MemberHealth"), and that all
material conditions to the acquisition have been met. The parties to
the acquisition and Universal American's equity and debt financing
sources have placed the acquisition consideration and other closing
documentation into escrow.... |
| | | Sep 04, 2007 | Universal American Financial Corp. to Present at Bear Stearns 20th Annual Healthcare Conference| RYE BROOK, N.Y., Sep 04, 2007 (BUSINESS WIRE) -- Universal American Financial Corp. (NASDAQ:UHCO) ("Universal
American") announced today that its Chairman & CEO, Richard Barasch,
will present at the Bear Stearns 20th Annual Healthcare Conference on
Monday, September 10, 2007 at 2 pm EDT, at the Grand Hyatt Hotel in
New York.
Investors will be able to access the audio portion of the
presentation live over the Internet via the Investor Relations section
of the Company's website at www.uafc.... |
| | | Aug 28, 2007 | Universal American Financial Corp. to Present at the Keefe, Bruyette & Woods 2007 Insurance Conference on Wednesday, September 5th| RYE BROOK, N.Y.--(BUSINESS WIRE)--Aug. 28, 2007--Universal
American Financial Corp. (NASDAQ:UHCO) ("Universal American")
announced that its Executive Vice President & Chief Financial Officer,
Robert A. Waegelein, will present at the Keefe, Bruyette & Woods
Insurance Industry Conference on Wednesday, September 5, 2007 at 7:30
am ET in New York City at the Waldorf-Astoria Hotel.
Investors will be able to access the presentation live over the
Internet via the Investor Relations secti... |
| | | Aug 24, 2007 | Universal American Shareholders Approve Issuance of Additional Equity to Finance Acquisition Of MemberHealth| RYE BROOK, N.Y.--(BUSINESS WIRE)--Aug. 24, 2007--At the annual
meeting of shareholders of Universal American Financial Corp.
("Universal American") (NASDAQ: UHCO) held yesterday, the shareholders
approved the issuance of sufficient common and preferred stock to fund
a part of the consideration with which Universal American will acquire
MemberHealth Inc. ("MemberHealth"). More than 99% of the voting shares
voted in favor of the proposal. Universal American's shareholders also
approved ... |
| | | Aug 09, 2007 | Universal American Receives Approval to Resume Marketing Individual Medicare Advantage Private Fee-for-Service Plans| RYE BROOK, N.Y.--(BUSINESS WIRE)--Aug. 9, 2007--Universal American
Financial Corp. (NASDAQ: UHCO) announced today that it has received
approval from the Centers for Medicare and Medicaid Services ("CMS")
to resume marketing its Medicare Advantage Private Fee-for-Service
("PFFS") plans pending training of its broker and agent force. As of
June 23, 2007, the company voluntarily suspended marketing its
individual PFFS plans while it implemented all of the new marketing
requirements that ... |
| | | Aug 02, 2007 | Universal American Financial Corp. Reports Second Quarter 2007 Results| RYE BROOK, N.Y., Aug 02, 2007 (BUSINESS WIRE) -- Universal American Financial Corp. (NASDAQ: UHCO) today announced
financial results for the quarter ended June 30, 2007.
Second Quarter 2007 Highlights
Revenues from continuing operations increased by 114% year
over year to $703.5 million
Net income was $22.3 million, or $0.35 per diluted share
Total Medicare Advantage membership as of June 30, 2007
increased to 238,000
Acquisition of MemberHealth on targe... |
| | | Jul 31, 2007 | Universal American Reacts to Class Action Complaint| RYE BROOK, N.Y.--(BUSINESS WIRE)--July 31, 2007--Universal
American Financial Corp. (NASDAQ: UHCO) announced that a purported
class action entitled "Elizabeth A. Conolly, Thomas McCormack, Shelley
Z. Zhang, Green Meadows Partners, James Stellato and Rocco Sorrentino
vs. Universal American Financial Corporation, Richard A. Barasch, Lee
Equity Partners LLC, Perry Capital LLC, Union Square Partners
Management LLC, Welsh, Carson, Anderson & Stowe, Barry Averill,
Bradley E. Cooper, Mark M.... |
| | | Jul 18, 2007 | Universal American Announces Dismissal with Prejudice of Class Action Lawsuit| RYE BROOK, N.Y.--(BUSINESS WIRE)--July 18, 2007--Universal
American Financial Corp. (NASDAQ: UHCO) announced that the securities
class action entitled Robert Kemp vs. Universal American Financial
Corp., Richard A. Barasch, Robert A. Waegelein and Gary W. Bryant that
was filed in the United States District Court for the Southern
District of New York (Case No. 05 CV 9883) in November 2005 has been
dismissed with prejudice following a ruling by the Court in favor of
the company defendant... |
| | | Jul 13, 2007 | Universal American Financial Corp. Schedules Second Quarter Financial Results Release for Thursday, August 2nd and Conference Call for Friday, August 3rd| RYE BROOK, N.Y., July 13, 2007 (PRIME NEWSWIRE) -- Universal American Financial Corp. (Nasdaq:UHCO) announced today that it will issue its financial results for the second quarter ended June 30, 2007 after the close of the stock market on Thursday, August 2, 2007.
Universal American's management will host a conference call at 9:30 am Eastern Daylight Time on Friday, August 3, 2007 to discuss financial results and recent corporate developments. Interested parties may participate in the call ... |
| | | Jun 15, 2007 | Universal American Joins with Other Industry Leaders to Voluntarily Pledge to Comply with CMS Standards to Strengthen Consumer Protection and Temporarily Suspend PFFS Marketing| RYE BROOK, N.Y.--(BUSINESS WIRE)--June 15, 2007--Universal
American Financial Corp. (NASDAQ: UHCO) announced today that, along
with other industry leaders, it will voluntarily suspend marketing its
non-group, individual Medicare Advantage private fee-for-service plans
("PFFS") while it fully implements all of the new marketing
requirements that the Centers for Medicare and Medicaid Services
("CMS") has recently announced to address certain marketing practices
for these plans.
Ric... |
| | | Jun 08, 2007 | Universal American Financial Corp. to Present at Goldman Sachs 28th Annual Global Healthcare Conference| RYE BROOK, N.Y.--(BUSINESS WIRE)--June 8, 2007--Universal American
Financial Corp. (NASDAQ:UHCO) ("Universal American") announced today
that its Executive Vice President & Chief Financial Officer, Robert A.
Waegelein, will present at the Goldman Sachs 28th Annual Global
Healthcare Conference on Tuesday, June 12, 2007 at 10:25 a.m. PDT/1:25
p.m. EDT at the Ritz-Carlton, Laguna Niguel in Dana Point, California.
Investors will be able to access the audio portion of the
presentation l... |
| | | May 17, 2007 | Universal American Financial Corp. to Present at the Citigroup 2007 Healthcare Conference| RYE BROOK, N.Y.--(BUSINESS WIRE)--May 17, 2007--Universal American
Financial Corp. (NASDAQ:UHCO) ("Universal American") announced today
that its Chairman & CEO, Richard Barasch, will present at the
Citigroup 2007 Healthcare Conference on Tuesday, May 22nd at 4:30 p.m.
EDT at the Hilton Hotel in New York City.
Investors will be able to access the presentation live over the
Internet via the weblink at
http://www.veracast.com/webcasts/citigroup/healthcare07/32109398.cfm
or via the I... |
| | | May 08, 2007 | Universal American to Acquire MemberHealth, Inc.| RYE BROOK, N.Y.--(BUSINESS WIRE)--May 8, 2007--Universal American
Financial Corp. ("Universal American") (NASDAQ: UHCO) announced today
that it has entered into a definitive agreement to acquire
MemberHealth, Inc. ("MemberHealth"), a privately-held pharmacy
benefits manager ("PBM") and sponsor of CCRx, a national Medicare Part
D plan with more than 1.1 million members. The purchase price will be
approximately $630 million, consisting of 55% in cash and 45% in
Universal American common... |
| | | May 08, 2007 | Universal American Financial Corp. Reports First Quarter 2007 Results| RYE BROOK, N.Y., May 08, 2007 (BUSINESS WIRE) -- Universal American Financial Corp. (NASDAQ: UHCO) today announced
financial results for the quarter ended March 31, 2007.
First Quarter 2007 Highlights
Revenues from continuing operations increased by 96% year over
year to $618.4 million
Net income was $4.4 million, or $0.07 per diluted share
Total Medicare Advantage current membership increased to
196,000, including an increase in Private Fee-For-Service
... |
| | | May 07, 2007 | Universal American Financial Corp. Announces New Time for First Quarter Conference Call to 9:30 AM Eastern Daylight Time, Tuesday, May 8th| First Quarter Financial Results Release for Monday, May 7thRYE BROOK, N.Y., May 07, 2007 (BUSINESS WIRE) -- Universal American Financial Corp. (NASDAQ: UHCO) announced today
that its first quarter conference call will take place at 9:30 a.m.
Eastern Daylight Time on Tuesday, May 8, 2007. The conference call had
previously been scheduled for 9:00 a.m. EDT on the same day.
As previously announced, financial results for the first quarter
ended March 31, 2007, will be released after the close o... |
| | | May 01, 2007 | Universal American Financial Corp. to Present at the Deutsche Bank 32nd Annual Health Care Conference| RYE BROOK, N.Y.--(BUSINESS WIRE)--May 1, 2007--Universal American
Financial Corp. (NASDAQ:UHCO) ("Universal American") announced today
that its Chairman & CEO, Richard Barasch, will present at the Deutsche
Bank 32nd Annual Health Care Conference on Thursday, May 3rd at 11:15
a.m. EDT at the Mayflower Hotel in Washington, D.C.
Investors will be able to access the presentation live over the
Internet via the weblink at
http://www.corporate-ir.net/ireye/confLobby.zhtml?ticker=
UHCO&i... |
| | | Apr 26, 2007 | Universal American Financial Corp. Schedules First Quarter Financial Results Release for Monday, May 7th and Conference Call for Tuesday, May 8th| RYE BROOK, N.Y., April 26, 2007 (PRIME NEWSWIRE) -- Universal American Financial Corp. (Nasdaq:UHCO) announced today that it will issue its financial results for the first quarter ended March 31, 2007 after the close of the stock market on Monday, May 7, 2007.
Universal American's management will host a conference call at 9:00 am Eastern Daylight Time on Tuesday, May 8, 2007 to discuss financial results and recent corporate developments. Interested parties may participate in the call by dia... |
| | | Mar 16, 2007 | Universal American Financial Corp. to Present at Lehman Brothers Tenth Annual Global Healthcare Conference| RYE BROOK, N.Y.--(BUSINESS WIRE)--March 16, 2007--Universal
American Financial Corp. (NASDAQ:UHCO) ("Universal American")
announced today that its Chairman & CEO, Richard Barasch, will present
at the Lehman Brothers Tenth Annual Global Healthcare Conference on
Tuesday, March 20, 2007 at 8:30 a.m. EDT at the Loews Miami Beach
Hotel, in Miami, Florida.
Investors will be able to access the audio portion of the
presentation live over the Internet via the Investor Relations section
of... |
| | | Mar 05, 2007 | Universal American Financial Corp. Special Committee Rejects Management-Led Buyout Bid| RYE BROOK, N.Y., Mar 05, 2007 (BUSINESS WIRE) -- The Special Committee of the Board of Directors of Universal
American Financial Corp. (NASDAQ: UHCO) announced today that it has
rejected the management-led proposal to acquire all outstanding shares
of Universal American common stock at $18.15 per share as inadequate
and not in the best interests of the Company and its stockholders. The
Special Committee reached its conclusion after careful consideration,
including a thorough review of Univ... |
| | | Mar 02, 2007 | Universal American Financial Corp. Completes Acquisition of Harmony Health| RYE BROOK, N.Y.--(BUSINESS WIRE)--March 2, 2007--Universal
American Financial Corp. (NASDAQ: UHCO) announced today that it has
completed its previously announced acquisition of Harmony Health,
Inc., a provider-owned company that operates GlobalHealth, Inc.
("GlobalHealth"), a Medicare Advantage and commercial managed care
plan in Oklahoma City, Oklahoma with approximately 3,600 Medicare
Advantage members and annualized revenue of approximately $30 million.
Harmony Health was a majorit... |
| | | Feb 15, 2007 | Universal American Financial Corp. Reports Fourth Quarter 2006 Results| RYE BROOK, N.Y.--(BUSINESS WIRE)--Feb. 15, 2007--Universal
American Financial Corp. (NASDAQ: UHCO) today announced financial
results for the quarter and year ended December 31, 2006.
Fourth Quarter 2006 Highlights
Revenues from continuing operations increased to $333.2
million
Net income, including the gain on the sale of our Canadian
subsidiary, was $64.0 million, or $1.06 per diluted share
Net income from continuing operations was $14.1 mill... |
| | | Feb 05, 2007 | Universal American Financial Corp. Schedules Fourth Quarter Financial Results Release for Thursday, February 15th and Conference Call for Friday, February 16th| RYE BROOK, N.Y.--(BUSINESS WIRE)--Feb. 5, 2007--Universal American
Financial Corp. (NASDAQ: UHCO) announced today that it will issue its
financial results for the fourth quarter and full year ended December
31, 2006 after the close of the stock market on Thursday, February 15,
2007.
Universal American's management will host a conference call at
9:00 am Eastern Time on Friday, February 16, 2007 to discuss financial
results and recent corporate developments. Interested parties may
... |
| | | Jan 22, 2007 | NAACP-New England Area Conference Commends Prescription Pathway(SM) Medicare Prescription Drug Plan on Availability of BiDil(R) for Plan Members| LINCOLN, R.I. & BOSTON--(BUSINESS WIRE)--Jan. 22,
2007--Prescription Pathway(SM), one of the nation's leading Medicare
Part D prescription drug plans, and the National Association for the
Advancement of Colored People (NAACP), New England Area Conference,
announced today that BiDil(R), a medication used for the treatment of
heart failure in African Americans, now will be made available to all
Prescription Pathway members.
BiDil, the fixed-dose combination of isosorbide
dinitrate/... |
| | | Dec 01, 2006 | Universal American Completes Sale of Its Canadian Subsidiary PennCorp Life Insurance Company| RYE BROOK, N.Y., Dec 01, 2006 (BUSINESS WIRE) -- Universal American Financial Corp. (NASDAQ:UHCO) announced today
that it has completed its previously announced sale of UAFC (Canada)
Inc., including its Canadian insurance subsidiary PennCorp Life
Insurance Company, in an all-cash transaction to a venture 70% owned
by La Capitale Civil Service Insurer Inc., a subsidiary of La Capitale
Financial Group Inc., and 30% owned by GMF Assurances, a French mutual
insurance company. Based on after-ta... |
| | | Nov 15, 2006 | Universal American Financial Corp. to Present at the Credit Suisse Healthcare Conference on November 17th and The Merrill Lynch Health Services Conference on November 29th| RYE BROOK, N.Y.--(BUSINESS WIRE)--Nov. 15, 2006--Universal
American Financial Corp. (NASDAQ GS: UHCO) ("Universal American")
today announced upcoming presentations by Richard Barasch, Chairman &
CEO at the following investment conferences:
-- Credit Suisse Healthcare Conference on Friday, November 17th at
10:30 am MT, at the Arizona Biltmore Resort & Spa in Phoenix, Arizona.
Investors will be able to access the audio portion of the presentation
live over the Internet via the Inves... |
| | | Nov 13, 2006 | Universal American Financial Corp.to Acquire Harmony Health| Accelerates Growth of Medicare Advantage Business
RYE BROOK, N.Y.--(BUSINESS WIRE)--Nov. 13, 2006--Universal
American Financial Corp. (NASDAQ: UHCO) announced today that it has
signed a definitive agreement to acquire Harmony Health, Inc.
("Harmony"), a provider-owned company that operates GlobalHealth, Inc.
("GlobalHealth"), a Medicare Advantage and Commercial managed care
plan in Oklahoma City, Oklahoma. Harmony Health is a majority-owned
subsidiary of the Oklahoma City Clinic. The... |
| | | Nov 03, 2006 | Universal American Financial Corp. to Present at the CIBC World Markets 17th Annual Healthcare Conference on Wednesday, November 8th| RYE BROOK, N.Y.--(BUSINESS WIRE)--Nov. 3, 2006--Universal American
Financial Corp. (NASDAQ GS: UHCO) ("Universal American") announced
today that Robert A. Waegelein, Executive Vice President & CFO, will
present at the CIBC World Markets 17th Annual Healthcare Conference on
Wednesday, November 8th at 8:00 am ET at the Waldorf-Astoria Hotel in
New York.
Investors will be able to access the audio portion of the
presentation and the accompanying slides live over the Internet via
the ... |
| | | Nov 01, 2006 | Universal American Financial Corp. Reports Record Third Quarter 2006 Results| RYE BROOK, N.Y., Nov 01, 2006 (BUSINESS WIRE) -- Universal American Financial Corp. (NASDAQ: UHCO) today announced
financial results for the quarter ended September 30, 2006.
Third Quarter 2006 Highlights
Revenues from continuing operations increased to $328.1
million
Net income for the quarter was $30.2 million, or $0.50 per
diluted share
Medicare Part D ("Part D") membership grew to 445,300
Medicare Advantage membership increased sequentially by 7% to
... |
| | | Oct 25, 2006 | Universal American Financial Corp. Receives Management Buyout Proposal at $18.15 Per Share| RYE BROOK, N.Y., Oct 25, 2006 (BUSINESS WIRE) -- Universal American Financial Corp. (NASDAQ: UHCO) today announced
that its Board of Directors has received a proposal from members of
management led by Richard A. Barasch, Universal American's Chairman
and Chief Executive Officer, and private equity firms Capital Z
Partners, Ltd., Lee Equity Partners, LLC, Perry Capital, LLC and
Welsh, Carson, Anderson & Stowe X, L.P. to acquire all of Universal
American's publicly held common stock for $18.... |
| | | Oct 16, 2006 | Universal American Financial Corp. Schedules Third Quarter Financial Results Release on Wednesday, November 1st and Conference Call for Thursday, November 2nd| RYE BROOK--(BUSINESS WIRE)--Oct. 16, 2006--Universal American
Financial Corp. (NASDAQ: UHCO) announced today that it will issue its
financial results for the third quarter ended September 30, 2006 after
the close of the stock market on Wednesday, November 1, 2006.
Universal American's management will host a conference call at
9:30 am Eastern Time on Thursday, November 2, 2006 to discuss third
quarter results and recent corporate developments. Interested parties
may participate in ... |
| | | Oct 09, 2006 | Universal American Financial Corp. to Expand Private Fee-for-Service Medicare Plans in over 2,600 Counties across 35 States in 2007| RYE BROOK, N.Y.--(BUSINESS WIRE)--Oct. 9, 2006--Universal American
Financial Corp. (NASDAQ: UHCO) announced today that it has expanded
its service area for Medicare Private Fee-For-Service (PFFS) plans for
2007. Universal American, through its insurance subsidiaries American
Progressive Life and Health Insurance Company of New York and Pyramid
Life Insurance Company, will offer four Today's Options(SM) plans in
each of the 2,600 counties in a total of 35 states. These plans will
provi... |
| | | Oct 09, 2006 | Universal American Financial Corp. Wins Bid to Offer 2007 Part D Drug Coverage in 32 Regions|
RYE BROOK, N.Y.--(BUSINESS WIRE)--Oct. 9, 2006--Universal American
Financial Corp. (NASDAQ: UHCO) today announced the results of its 2007
bids to offer Medicare Part D prescription drug plans (PDPs) through
its Prescription Pathway(SM) products, in partnership with PharmaCare
Management Services, Inc. (PharmaCare), CVS Corporation's (NYSE:CVS)
pharmacy benefit management company.
The Centers for Medicare and Medicaid Services (CMS) approved
Universal American's bids to offer, th... |
| | | Sep 01, 2006 | Universal American Financial Corp. to Present at the Keefe, Bruyette & Woods 2006 Insurance Conference on September 6th and the Bear Stearns 19th Annual Healthcare Conference on September 11th| RYE BROOK, N.Y.--(BUSINESS WIRE)--Sept. 1, 2006--Universal
American Financial Corp. (NASDAQ:UHCO) ("Universal American")
announced today that its management will present at the following
investment conferences:
Robert Waegelein, EVP & CFO, will present at the Keefe,
Bruyette & Woods 2006 Insurance Conference on Wednesday,
September 6th at 3:25 pm EDT at the Sheraton New York Hotel &
Towers. Investors will be able to access the audio portion of
... |
| | | Aug 31, 2006 | Universal American Agrees to Sell Its Canadian Subsidiary PennCorp Life Insurance Company| RYE BROOK, N.Y.--(BUSINESS WIRE)--Aug. 31, 2006--Universal
American Financial Corp. (NASDAQ:UHCO) ("Universal American")
announced today that it has entered into a definitive agreement to
sell UAFC (Canada) Inc., including the Company's Canadian insurance
subsidiary PennCorp Life Insurance Company ("PennCorp Life"), for
approximately $131 million (CAD$146 million) in cash to a venture 70%
owned by La Capitale Civil Service Insurer Inc., a subsidiary of La
Capitale Financial Group Inc.... |
| | | Aug 01, 2006 | Universal American Financial Corp. Reports Second Quarter 2006 Results| RYE BROOK, N.Y.--(BUSINESS WIRE)--Aug. 1, 2006--Universal American
Financial Corp. (NASDAQ: UHCO) today announced financial results for
the quarter ended June 30, 2006.
Second Quarter 2006 Highlights
Revenues increased 57% to $361.2 million over the second
quarter of 2005
Net income for the quarter was $18.1 million, or $0.30 per
diluted share
Medicare Part D ("Part D") membership grew to 440,000
Medicare Advantage membership inc... |
| | | Jul 20, 2006 | Universal American Financial Corp. Schedules Second Quarter Financial Results Release on Tuesday, August 1st and Conference Call for Wednesday, August 2nd| RYE BROOK, N.Y.--(BUSINESS WIRE)--July 20, 2006--Universal
American Financial Corp. (NASDAQ: UHCO) announced today that it will
issue its financial results for the second quarter ended June 30, 2006
after the close of the stock market on Tuesday, August 1, 2006.
Universal American's management will host a conference call at
9:30 am Eastern Time on Wednesday, August 2, 2006 to discuss second
quarter results and recent corporate developments. Interested parties
may participate in th... |
| | | Jun 12, 2006 | Universal American Financial Corp. to Present at Goldman Sachs Twenty-Seventh Annual Global Healthcare Conference| RYE BROOK, N.Y.--(BUSINESS WIRE)--June 12, 2006--Universal
American Financial Corp. (NASDAQ:UHCO) ("Universal American")
announced today that its Chairman & CEO, Richard Barasch, will present
at the Goldman Sachs Twenty-Seventh Annual Global Healthcare
Conference on Wednesday, June 14, 2006 at 5:20 p.m. EDT/2:20 p.m. PDT
at the Ritz-Carlton Hotel Laguna Niguel, Dana Point, California.
Investors will be able to access the audio portion of the
presentation live over the Internet via... |
| | | May 16, 2006 | Universal American Financial Corp. to Present at Bank of America 2006 Health Care Conference| RYE BROOK, N.Y.--(BUSINESS WIRE)--May 16, 2006--Universal American
Financial Corp. (NASDAQ:UHCO) ("Universal American") announced today
that its Executive Vice President & CFO, Robert A. Waegelein, will
present at the Bank of America 2006 Health Care Conference on
Thursday, May 18, 2006 at 3:00 p.m. EDT/12 noon PDT at the Four
Seasons Hotel in Las Vegas.
Investors will be able to access the presentation live over the
Internet via the Investor Relations section of the Company's web... |
| | | May 08, 2006 | Universal American Financial Corp. Reports First Quarter 2006 Results| RYE BROOK, N.Y.--(BUSINESS WIRE)--May 8, 2006--Universal American
Financial Corp. (NASDAQ: UHCO) today announced financial results for
the first quarter ended March 31, 2006.
First Quarter 2006 Highlights
Revenues increased 54% to $345.5 million over the first
quarter of 2005
Medicare Advantage membership increased by 26% during the
quarter
Part D successfully implemented
Net income for the quarter was $7.0 million, or $0.12 per
... |
| | | Apr 13, 2006 | Universal American Financial Corp. Hires Insurance Company Chief Operating Officer and Counsel| RYE BROOK, N.Y., Apr 13, 2006 (BUSINESS WIRE) -- Universal American Financial Corp. (NASDAQ: UHCO)
announced today that Steven B. Najjar has been appointed as Chief
Operating Officer and legal counsel of its insurance companies. Based
in the Lake Mary, Florida office, Mr. Najjar will serve as the
Executive Vice President, General Counsel and Chief Operating Officer
of certain of Universal American's insurance subsidiaries, including
American Pioneer Life Insurance Company, Constitution Lif... |
| | | Apr 03, 2006 | Universal American Financial Corp. Schedules First Quarter Financial Results Release on Monday, May 8th and Conference Call for Tuesday, May 9th| RYE BROOK, N.Y.--(BUSINESS WIRE)--April 3, 2006--Universal
American Financial Corp. (NASDAQ: UHCO) announced today that it will
issue its financial results for the first quarter ended March 31, 2006
on Monday, May 8, 2006. The results will be released after the close
of the stock market.
Universal American's management will host a conference call at
9:30 am Eastern Daylight Savings Time on Tuesday, May 9, 2006 to
discuss first quarter results and recent corporate developments.
In... |
| | | Mar 30, 2006 | Barry W. Averill Named to Universal American Financial Corp. Board of Directors| RYE BROOK, N.Y.--(BUSINESS WIRE)--March 30, 2006--Universal
American Financial Corp. (NASDAQ: UHCO) announced today the addition
of Barry W. Averill to its Board of Directors.
Mr. Averill is President of Averill Management Enterprises, Inc.
("AME"), a consulting firm specializing in the managed healthcare
industry. Prior to establishing AME, Mr. Averill served three years as
President of Health Net of the Northeast, Inc. Prior to that, Mr.
Averill worked at Humana, Inc. from 1991 ... |
| | | Mar 08, 2006 | Universal American Financial Corp. to Present at Lehman Brothers Ninth Annual Global Healthcare Conference| RYE BROOK, N.Y.--(BUSINESS WIRE)--March 8, 2006--Universal
American Financial Corp. (NASDAQ:UHCO) ("Universal American")
announced today that its Chairman & CEO, Richard Barasch, will present
at the Lehman Brothers Ninth Annual Global Healthcare Conference on
Friday, March 10, 2006 at 9:00 a.m. ET at the Loews Miami Beach Hotel
in South Beach, Florida.
Investors will be able to access the presentation live over the
Internet via the Investor Relations section of the Company's websi... |
| | | Mar 02, 2006 | Universal American Financial Corp. to Present at the Raymond James & Associates 27th Annual Institutional Investors Conference| RYE BROOK, N.Y.--(BUSINESS WIRE)--March 2, 2006--Universal
American Financial Corp. (NASDAQ:UHCO) ("Universal American")
announced today that its EVP & CFO, Robert Waegelein, will present at
the Raymond James & Associates 27th Annual Institutional Investors
Conference on Tuesday, March 7, 2006 at 8:05 a.m. ET at The Hyatt
Regency Grand Cypress in Orlando, Florida.
Investors will be able to access the audio portion of the
presentation live over the Internet at
http://www.wsw.com/w... |
| | | Mar 01, 2006 | Universal American Financial Corp. to Present at the Cowen & Co. 26th Annual Health Care Conference| RYE BROOK, N.Y.--(BUSINESS WIRE)--March 1, 2006--Universal
American Financial Corp. (NASDAQ:UHCO) ("Universal American")
announced that its Chairman, President & CEO, Richard Barasch, will
present at the Cowen & Co. 26th Annual Health Care Conference on
Tuesday, March 7th at 1:30 pm at the Boston Marriott Copley Place.
Investors will be able to access the presentation live over the
Internet via the Investor Relations section of the Company's website
at www.uafc.com or at
http://w... |
| | | Feb 13, 2006 | Universal American Financial Corp. Reports Fourth Quarter Results| RYE BROOK, N.Y.--(BUSINESS WIRE)--Feb. 13, 2006--Universal
American Financial Corp. (NASDAQ: UHCO) today announced financial
results for the fourth quarter ended December 31, 2005.
Fourth Quarter 2005 Highlights
Revenues increased 17% to $240.8 million over the fourth
quarter of 2004;
Medicare Advantage membership increased by 11% during the
quarter, 48% since year-end 2004;
Net income for the quarter was $3.9 million, or $0.06 per
... |
| | | Feb 06, 2006 | Universal American Financial Corp. Schedules Fourth Quarter Financial Results Release and Conference Call for Monday, February 13th; Management To Present at UBS Global Healthcare Services Conference on Tuesday, February 14th| RYE BROOK, N.Y., Feb 06, 2006 (BUSINESS WIRE) -- Universal American Financial Corp. (NASDAQ: UHCO)
announced today that it will issue its financial results for the
fourth quarter ended December 31, 2005 on Monday, February 13, 2006.
The results will be released after the close of the stock market.
Universal American's management will host a conference call at
5:30 PM Eastern Time on Monday, February 13, 2006 to discuss fourth
quarter results and recent corporate developments. Interested ... |
| | | Jan 06, 2006 | Universal American Financial Corp. to Present at the 24th Annual JPMorgan Healthcare Conference| RYE BROOK, N.Y.--(BUSINESS WIRE)--Jan. 6, 2006--Universal American
Financial Corp. (NASDAQ:UHCO) ("Universal American") announced that
its Chairman and CEO, Richard Barasch, will present at the 24th Annual
JPMorgan Healthcare Conference on Tuesday, January 10th at 10:00 am
Pacific Time at the Westin St. Francis in San Francisco, California.
Investors will be able to access the audio portion of the
presentation and corresponding slideshow live over the Internet via
JPMorgan's Equit... |
| | | Nov 29, 2005 | Universal American Reacts to Class Action Complaint| RYE BROOK, N.Y.--(BUSINESS WIRE)--Nov. 29, 2005--Universal
American Financial Corp. (NASDAQ: UHCO) announced that a purported
class action entitled Robert Kemp vs. Universal American Financial
Corp., Richard A. Barasch, Robert A. Waegelein and Gary W. Bryant was
filed in the United States District Court for the Southern District of
New York (Case No. 05 CV 9883). The complaint alleges violations of
securities laws in connection with, among other things, statements
made by Universal Am... |
| | | Nov 07, 2005 | Universal American Financial Corp. to Present at the SG Cowen & Co. 6th Annual Global Health Care Conference| RYE BROOK, N.Y.--(BUSINESS WIRE)--Nov. 7, 2005--Universal American
Financial Corp. (NASDAQ:UHCO) ("Universal American") announced that
its Chairman and CEO, Richard Barasch, will present at the SG Cowen &
Co. 6th Annual Global Health Care Conference on Wednesday, November
9th at 4:50 pm Central European Time at the Hilton Diagonal Mar, in
Barcelona, Spain.
Investors will be able to access the audio portion of the
presentation and corresponding slideshow live over the Internet via
... |
| | | Nov 04, 2005 | Universal American Financial Corp. to Present at the CIBC World Markets 16th Annual Healthcare Conference| RYE BROOK, N.Y.--(BUSINESS WIRE)--Nov. 4, 2005--Universal American
Financial Corp. (NASDAQ:UHCO) ("Universal American") announced that
its chairman and CEO, Richard Barasch, will present at the CIBC World
Markets 16th Annual Healthcare Conference on Monday, November 7th at
4:00 p.m. ET at the Waldorf-Astoria in New York City.
Investors will be able to access the audio portion of the
presentation and corresponding slideshow live over the Internet via
the Investor Relations section ... |
| | | Oct 28, 2005 | Universal American Financial Corp. Reports Third Quarter Results| RYE BROOK, N.Y.--(BUSINESS WIRE)--Oct. 28, 2005--Universal
American Financial Corp. (NASDAQ: UHCO) today announced financial
results for the third quarter ended September 30, 2005.
Third Quarter 2005 Summary
Net income for the quarter was $15.3 million, or $0.25 per
diluted share;
Revenues increased 16% to $237.0 million;
Medicare Advantage membership increased by 8% during the
quarter, 34% since year-end 2004 and 44% since September 30,
... |
| | | Oct 27, 2005 | Universal American Financial Corp. Schedules Third Quarter Financial Results Release and Conference Call for Friday, October 28th| RYE BROOK, N.Y.--(BUSINESS WIRE)--Oct. 27, 2005--Universal
American Financial Corp. (NASDAQ: UHCO) announced today that it will
issue its financial results for the third quarter ended September 30,
2005 at 7:00 a.m. Eastern Time on Friday, October 28, 2005.
Universal American's management will then host a conference call
at 8:30 a.m. Eastern Time on Friday, October 28, 2005 to discuss third
quarter results and recent corporate developments. Interested parties
may participate in th... |
| | | Sep 23, 2005 | Universal American Financial Corp. Discusses Part D Opportunity| RYE BROOK, N.Y., Sep 23, 2005 (BUSINESS WIRE) -- Universal American Financial Corp. (NASDAQ: UHCO)
("Universal American") makes the following comments regarding its
participation in the Medicare prescription drug insurance program
("Part D") that will begin on January 1, 2006.
Part D, which was established by the Medicare Modernization Act of
2003, created a structure in which private insurance companies will
offer Medicare-sponsored prescription drug insurance plans to Medicare
benefic... |
| | | Sep 06, 2005 | Universal American Financial Corp. to Present at the Bear Stearns 18th Annual Healthcare Conference| RYE BROOK, N.Y., September 6, 2005 -- Universal American Financial Corp. (NASDAQ:UHCO) ("Universal American") announced that its chairman and CEO, Richard Barasch, will present at the Bear Stearns 18th Annual Healthcare Conference on Monday, September 12th at 3:30 pm EDT at the Grant Hyatt Hotel in New York City.
Investors will be able to access the audio portion of the presentation live over the Internet via the Investor Relations section of the Company's website at www.uafc.com or at ht... |
| | | Aug 02, 2005 | Universal American Financial Corp. Reports Record Second Quarter Results| RYE BROOK, N.Y., Aug 02, 2005 (BUSINESS WIRE) -- Universal American Financial Corp. (NASDAQ: UHCO)
("Universal American") today announced record financial results for
the quarter ended June 30, 2005.
Highlights
Net income for the second quarter of 2005 increased 43% to
$18.7 million, or $.32 per diluted share, including $3.0
million or $.05 per diluted share of after-tax realized gains;
Revenues increased 38% to $229.6 million;
Medicare Advantage me... |
| | | Jul 18, 2005 | Universal American Financial Corp. Schedules Second Quarter Financial Results Release and Conference Call| RYE BROOK, N.Y.--(BUSINESS WIRE)--July 18, 2005--Universal
American Financial Corp. (NASDAQ National Market: UHCO) announced
today that it will issue its financial results for the second quarter
ended June 30, 2005 on Tuesday, August 2, 2005. The results will be
released after the close of the stock market.
Universal American's management also plans to host a conference
call at 10:00 a.m. Eastern Daylight Time on Wednesday, August 3, 2005
to discuss second quarter results and recent... |
| | | Jun 17, 2005 | Universal American Financial Corp. Announces Pricing of Common Stock Offering| RYE BROOK, N.Y., Jun 17, 2005 (BUSINESS WIRE) -- Universal American Financial Corp. (NASDAQ:UHCO)
("Universal American") announced today the pricing of its public
offering of 7,000,000 shares of its common stock at a price of $23.61
per share. Of the 7,000,000 shares being offered, 2,000,000 are being
offered by Universal American and 5,000,000 are being offered by
Capital Z Financial Services Fund II, L.P. and its affiliates
("Capital Z"), Universal American's largest shareholder. Followi... |
| | | Jun 06, 2005 | Universal American Financial Corp. Announces Launch of Public Offering of Common Stock| RYE BROOK, N.Y.--(BUSINESS WIRE)--June 6, 2005--Universal American
Financial Corp. (NASDAQ:UHCO) ("Universal American") announced today
that it has launched an underwritten public offering of 7,000,000
shares of its common stock. Of the 7,000,000 shares being offered,
2,000,000 are being offered by Universal American and 5,000,000 are
being offered by Capital Z Financial Services Fund II, L.P. and its
affiliates ("Capital Z"), Universal American's largest shareholder. In
the event that Ca... |
| | | May 12, 2005 | Universal American Financial Corp. to Present at Banc of America Securities Health Care Conference| RYE BROOK, N.Y.--(BUSINESS WIRE)--May 12, 2005--Universal American
Financial Corp. (NASDAQ:UHCO) ("Universal American") announced today
that its Chairman and CEO, Richard Barasch, will present at the Banc
of America Securities Health Care Conference on Wednesday, May 18,
2005 at 4:40 PM PT in Las Vegas at The Four Seasons Hotel.
Investors will be able to access the audio portion of the formal
presentation via the Universal American Financial Corp. website at
www.uafc.com. The direct... |
| | | May 03, 2005 | Universal American Financial Corp. Reports Record First Quarter Results| RYE BROOK, N.Y.--(BUSINESS WIRE)--May 3, 2005--Universal American
Financial Corp. (NASDAQ: UHCO) ("Universal American") today announced
record financial results for the quarter ended March 31, 2005.
First Quarter 2005 Compared to First Quarter 2004
Universal American reported net income of $16.1 million for the
first quarter of 2005, a 16% increase over the $13.9 million reported
for the first quarter of 2004. Earnings per diluted share were $.28,
an increase of 12% over the $... |
| | | Apr 20, 2005 | Universal American Financial Corp. Schedules First Quarter Financial Results Release and Conference Call| RYE BROOK, N.Y.--(BUSINESS WIRE)--April 20, 2005--Universal
American Financial Corp. (NASDAQ National Market: UHCO) announced
today that it will issue its financial results for the first quarter
ended March 31, 2005 on Tuesday, May 3, 2005. The results will be
released after the close of the stock market.
Universal American's management also plans to host a conference
call at 10:00 a.m. Eastern Daylight Time on Wednesday, May 4th to
discuss first quarter results and recent corporate... |
| | | Mar 24, 2005 | Universal American Financial Corp. to Present at Lehman Brothers Eighth Annual Global Healthcare Conference| RYE BROOK, N.Y., Mar 24, 2005 (BUSINESS WIRE) -- Universal American Financial Corp. (NASDAQ:UHCO)
("Universal American") announced today that its Chairman and CEO,
Richard Barasch, will present at Lehman Brothers Eighth Annual Global
Healthcare Conference on Wednesday, March 30, 2005 at 8:30 AM Eastern
Time in Miami, Florida at The Loews Miami Beach Hotel.
Investors will be able to access the presentation live over the
Internet via the Investor Relations section of the Company's websit... |
| | | Mar 23, 2005 | Universal American and CVS Corporation's PharmaCare PBM Announce a Strategic Alliance to Provide Medicare Part D Prescription Drug Plans| RYE BROOK, N.Y.--(BUSINESS WIRE)--March 23, 2005--Universal
American Financial Corp. ("Universal American") (NASDAQ:UHCO) and
PharmaCare Management Services, Inc. ("PharmaCare"), CVS Corporation's
(NYSE:CVS) pharmacy benefit management company, announced today that
they have established a strategic alliance to offer Medicare Part D
Prescription Drug Benefit Plans ("PDPs"). Universal American's
insurance subsidiaries have filed applications with the Centers for
Medicare and Medicaid Servic... |
| | | Mar 04, 2005 | Universal American Financial Corp. to Present at the Raymond James Institutional Investor Conference| RYE BROOK, N.Y.--(BUSINESS WIRE)--March 4, 2005--Universal
American Financial Corp. (NASDAQ:UHCO) ("Universal American")
announced today that its Chairman and CEO, Richard Barasch, will
present at the Raymond James Institutional Investor Conference on
Tuesday, March 8, 2005 at 2:50 PM Eastern Time in Orlando, Florida at
The Hyatt Regency Grand Cypress.
Investors will be able to access the presentation live over the
Internet via the Investor Relations section of the Company's website... |
| | | Feb 17, 2005 | SelectCare of Texas Expands to Include Medicare Beneficiaries in Ten New Zip Codes in Galveston County|
Please click here to view press release.
... |
| | | Feb 17, 2005 | SelectCare of Texas Offers a Money-Saving Health Benefit Option for City of Houston Retirees|
Please click here to view press release.
... |
| | | Feb 16, 2005 | Universal American Financial Corp. Reports Record Fourth Quarter Results| RYE BROOK, N.Y.--(BUSINESS WIRE)--Feb. 16, 2005--Universal
American Financial Corp. (NASDAQ National Market: UHCO) ("Universal
American") today announced record results for the quarter ended
December 31, 2004.
Fourth Quarter 2004 Compared to Fourth Quarter 2003
Universal American reported net income of $17.4 million for the
fourth quarter of 2004, a 33% increase over the $13.1 million reported
last year. We earned $.30 per diluted share, an increase of 30% over
the $.23 repor... |
| | | Nov 03, 2004 | Universal American Financial Corp. Reports the Filing of a Shelf Registration Statement| RYE BROOK, N.Y.--(BUSINESS WIRE)--Nov. 3, 2004--Universal American
Financial Corp. (NASDAQ National Market: UHCO) ("Universal American")
today announced that it has filed a universal shelf registration
statement on Form S-3 with the U.S. Securities and Exchange Commission
("SEC"), pursuant to which Universal American may issue common stock,
warrants and debt securities from time to time, up to an aggregate
offering price of $140 million. The terms of any future offering would
be establish... |
| | | Nov 03, 2004 | Universal American Financial Corp. Reports Record Third Quarter Results| RYE BROOK, N.Y.--(BUSINESS WIRE)--Nov. 3, 2004--Universal American
Financial Corp. (NASDAQ National Market: UHCO) ("Universal American")
today announced record results for the quarter ended September 30,
2004.
Third Quarter 2004 Compared to Third Quarter 2003
Universal American reported net income of $19.5 million for the
third quarter of 2004, a 71% increase over the $11.4 million reported
last year. We earned $.34 per diluted share, an increase of 62% over
the $.21 reported... |
| | | Nov 02, 2004 | Universal American Financial Corp. Included In NASDAQ Financial 100 Index| RYE BROOK, N.Y.--(BUSINESS WIRE)--Nov. 2, 2004--Universal American
Financial Corp. (NASDAQ National Market: UHCO) ("Universal American")
announced today that it was included in the NASDAQ Financial-100 Index
at the beginning of trading this morning.
The NASDAQ Financial-100 Index includes 100 of the largest
domestic and international financial organizations listed on the
NASDAQ Stock Market based on market capitalization. They include
companies classified by the FTSE(TM) Global Clas... |
| | | Sep 14, 2004 | Universal American Financial Corp. to Present at Banc of America Securities 34th Annual Investment Conference| RYE BROOK, N.Y.--(BUSINESS WIRE)--Sept. 14, 2004--Universal
American Financial Corp. (NASDAQ:UHCO) ("Universal American")
announced today that its Chairman and CEO, Richard Barasch, will
present at the Banc of America Securities 34th Annual Investment
Conference on Wednesday, September 22nd, 2004 at 3:00 PM PT in San
Francisco at The Ritz-Carlton Hotel.
Investors will be able to access the audio portion of the formal
presentation and the breakout session via the Universal American
... |
| | | Aug 25, 2004 | Universal American Financial Corp. to Present at Keefe, Bruyette & Woods Insurance Industry Conference| RYE BROOK, N.Y.--(BUSINESS WIRE)--Aug. 25, 2004--Universal
American Financial Corp. (NASDAQ:UHCO) ("Universal American")
announced today that its Chairman and CEO, Richard Barasch, will
present at the Keefe, Bruyette & Woods Insurance Industry Conference
on Wednesday, September 8th, 2004 at 1:10 PM ET in New York City at
the Pierre Hotel.
Investors will be able to access the audio portion of the
presentation via the Keefe, Bruyette & Woods website at www.kbw.com.
The direct link as... |
| | | Aug 02, 2004 | Universal American Financial Corp. Reports Record Second Quarter Results| RYE BROOK, N.Y.--(BUSINESS WIRE)--Aug. 2, 2004--Universal American
Financial Corp. (NASDAQ National Market: UHCO) ("Universal American")
today announced record results for the second quarter ended June 30,
2004.
Second Quarter 2004 Compared to Second Quarter 2003
Universal American reported net income of $13.0 million for the
second quarter of 2004, an 18% increase over the $11.0 million
reported last year. We earned $.23 per diluted share, an increase of
15% over the $.20 re... |
| | | Jul 26, 2004 | Universal American Financial Corp. Schedules Second Quarter Financial Results Release and Conference Call| RYE BROOK, N.Y.--(BUSINESS WIRE)--July 26, 2004--Universal
American Financial Corp. (NASDAQ National Market: UHCO) announced
today that it will issue its financial results for the second quarter
ended June 30, 2004 on Monday, August 2, 2004. The results will be
released after the close of the stock market.
Universal American's management also plans to host a conference
call at 10:00 a.m. Eastern Time on Tuesday, August 3rd to discuss
second quarter results and recent corporate devel... |
| | | Jun 07, 2004 | Universal American Financial Corp. Acquires Heritage Health Systems And Introduces Senior Solutions Triple Option, Bringing More Expertise And Choice To Medicare Beneficiaries In Houston And The Golden Triangle| HOUSTON--(BUSINESS WIRE)--June 7, 2004--Universal American
Financial Corp. (NASDAQ:UHCO), a leading provider of health and life
insurance for seniors, announced today the launch of Senior Solutions
Triple Option, a comprehensive portfolio of Medicare products that
includes Medicare supplement plans, Medicare Select plans, and
TexanPlus, a Medicare Advantage plan.
This unique product line has been made possible by Universal
American's recent acquisition of Houston-based Heritage Heal... |
| | | Jun 02, 2004 | Universal American Financial Corp. to Present at Sandler O'Neill & Partners, L.P. Financial Services Conference| RYE BROOK, N.Y.--(BUSINESS WIRE)--June 2, 2004--Universal American
Financial Corp. (NASDAQ:UHCO) ("Universal American") announced that
its chairman and CEO, Richard Barasch, will present at the Sandler
O'Neill & Partners, L.P. Financial Services Conference on Wednesday,
June 9, 2004 at 3:45 PM ET in New York City at Le Parker Meridien.
Investors will be able to access the audio portion of the
presentation via the Sandler O'Neill & Partners website at
www.sandleroneill.com. The direc... |
| | | Jun 01, 2004 | REPEAT/Universal American Financial Corp. Completes Acquisition of Heritage Health Systems|
RYE BROOK, N.Y.--(BUSINESS WIRE)--May 28, 2004--
Accelerates Entry into Medicare Advantage Market
S&P Rates Universal American's Debt "Investment Grade"
Universal American Financial Corp. (NASDAQ: UHCO) ("Universal
American") announced today that it has completed the previously
contracted and announced acquisition of Heritage Health Systems, Inc.
("Heritage") for $98 million in cash.
Founded in 1995, Heritage operates Medicare Advantage plans i... |
| | | May 28, 2004 | Universal American Financial Corp. Completes Acquisition of Heritage Health Systems| Accelerates Entry into Medicare Advantage Market S&P Rates Universal American's Debt "Investment Grade" RYE BROOK, N.Y., May 28, 2004 (BUSINESS WIRE) -- Universal American Financial Corp. (NASDAQ: UHCO) ("Universal
American") announced today that it has completed the previously
contracted and announced acquisition of Heritage Health Systems, Inc.
("Heritage") for $98 million in cash.
Founded in 1995, Heritage operates Medicare Advantage plans in
Houston and Beaumont, Texas, and has app... |
| | | May 06, 2004 | Universal American Financial Corp. Reports Record First Quarter Results| RYE BROOK, N.Y.--(BUSINESS WIRE)--May 6, 2004--Universal American
Financial Corp. (NASDAQ National Market: UHCO) ("Universal American")
today announced record results for the first quarter ended March 31,
2004.
First Quarter 2004 Compared to First Quarter 2003
Universal American reported net income of $.25 per diluted share,
for the first quarter of 2004, an increase of 79% over the $.14
reported for the first quarter of 2003. We earned $13.9 million, an
84% increase over the... |
| | | Apr 30, 2004 | Universal American Financial Corp. Schedules First Quarter Financial Results Release and Conference Call| RYE BROOK, N.Y.--(BUSINESS WIRE)--April 30, 2004--Universal
American Financial Corp. (NASDAQ National Market: UHCO) announced
today that it will issue its financial results for the first quarter
ended March 31, 2004 on Thursday, May 6, 2004. The results will be
released after the close of the stock market.
Universal American's management also plans to host a conference
call at 10:00 a.m. Eastern Time on Friday, May 7th to discuss first
quarter results and recent corporate developmen... |
| | | Apr 28, 2004 | Universal American To Offer Medicare-Approved Drug Discount Card|
Co-branded ScriptSave Card Has No Enrollment Fee and Provides
Savings at Broad Network of Retail Outlets
RYE BROOK, N.Y.--(BUSINESS WIRE)--April 28, 2004--Universal American Financial Corp. (NASDAQ National Market: UHCO)
("Universal American") announced that its insurance subsidiaries will
offer a free Medicare-approved drug discount card that is co-branded
with Medical Security Card Company ("MSC"), popularly known as
ScriptSave, a leading prescription d... |
| | | Mar 09, 2004 | Universal American Financial Corp. to Strengthen Senior Market Focus by Entering the Medicare Advantage Market with Planned Acquisition of Heritage Health Systems| RYE BROOK, N.Y.--(BUSINESS WIRE)--March 9, 2004--Universal
American Financial Corp., (NASDAQ: UHCO) ("Universal American"),
announced today that it has signed a definitive contract to acquire
Heritage Health Systems, Inc. ("Heritage"), a privately owned managed
care company that operates Medicare Advantage plans in Houston and
Beaumont, Texas, for approximately $98 million in cash. The closing of
the acquisition is subject to regulatory approvals and other customary
conditions, and is exp... |
| | | Feb 19, 2004 | Universal American Financial Corp. Reports Record Fourth Quarter Results| RYE BROOK, N.Y.--(BUSINESS WIRE)--Feb. 19, 2004--Universal American Financial Corp. (Nasdaq National Market:UHCO)
("Universal American") today announced record results for the fourth
quarter and year ended December 31, 2003.
Fourth Quarter 2003
-- Net income increased 19% to $13.1 million, or $.23 per diluted
share;
-- Pre-tax income increased 36% to $20.5 million; and
-- Return on equity was 17.5%.
Full Year 2003
-- Net income incre... |
| | | Jan 30, 2004 | Universal American Financial Corp. to Present at the UBS Global Healthcare Services Conference| RYE BROOK, N.Y.--(BUSINESS WIRE)--Jan. 30, 2004--Universal
American Financial Corp. (NASDAQ:UHCO) ("Universal American")
announced today that its chairman and CEO, Richard Barasch, will
present at the UBS Global Healthcare Services Conference on Monday,
February 2, 2004 at 9:30 AM Eastern Time in New York at The Plaza.
Investors will be able to access the audio portion of the
presentation live over the Internet via the Investor Relations section
of the Company's website at www.uafc.... |
| | | Jan 29, 2004 | Universal American Financial Corp. Introduces Senior Solutions; Trademarked Brand Name for Senior Market Products and Initiatives| RYE BROOK, N.Y.--(BUSINESS WIRE)--Jan. 29, 2004--Universal
American Financial Corp., (NASDAQ:UHCO) ("Universal American"), a
leading provider of insurance and financial services products for
seniors, today launched Senior Solutions(R), a trademarked brand name
and marketing platform for the Company's initiatives in the senior
market.
Under the Senior Solutions brand, Universal American is
introducing an integrated program of products and marketing tools
initially exclusively throug... |
| | | Jan 26, 2004 | Universal American Financial Corp. Schedules Fourth Quarter Financial Results Release and Conference Call| RYE BROOK, N.Y.--(BUSINESS WIRE)--Jan. 26, 2004--Universal
American Financial Corp. (NASDAQ National Market:UHCO) announced today
that it will issue its financial results for the fourth quarter and
year ended December 31, 2003 on Thursday, February 19, 2004. The
results will be released after the close of the stock market.
Universal American's management also plans to host a conference
call at 10:00 a.m. Eastern Time on Friday, February 20th to discuss
fourth quarter results and rec... |
| | | Jan 12, 2004 | Universal American Financial Corp. to Present at the 22nd Annual JPMorgan Healthcare Conference| RYE BROOK, N.Y.--(BUSINESS WIRE)--Jan. 12, 2004--Universal
American Financial Corp. (NASDAQ:UHCO) ("Universal American")
announced today that its chairman and CEO, Richard Barasch, will
present at the 22nd Annual JPMorgan Healthcare Conference on Thursday,
January 15, 2004 at 8:00 AM Pacific Standard Time in San Francisco at
the Westin St. Francis.
Investors will be able to access the audio portion of the
presentation via the JPMorgan website at
http://equityconferences.jpmorgan.co... |
| | | Nov 04, 2003 | Universal American Financial Corp. Reports Record Third Quarter Results| RYE BROOK, N.Y.--(BUSINESS WIRE)--Nov. 4, 2003--Universal American
Financial Corp. (NASDAQ National Market: UHCO) ("Universal American")
today announced record results for the third quarter ended September
30, 2003.
Third Quarter 2003 Compared to Third Quarter 2002
-- Pre-tax operating income, excluding investment gains,
increased 36% to $17.1 million;
-- Net operating income, excluding investment gains, increased
35% to $11.0 million;
-- ... |
| | | Oct 29, 2003 | Universal American Financial Corp. Schedules Third Quarter Financial Results Release and Conference Call| RYE BROOK, N.Y.--(BUSINESS WIRE)--Oct. 29, 2003--Universal
American Financial Corp. (NASDAQ National Market: UHCO) announced
today that it will issue its financial results for the third quarter
ended September 30, 2003 on Tuesday, November 4th, 2003. The results
will be released after the close of the stock market.
Universal American's management also plans to host a conference
call at 10:00 am Eastern Time on Wednesday, November 5th, 2003, to
discuss third quarter results and recen... |
| | | Sep 16, 2003 | Universal American Financial Corp. to Present at Sandler O'Neill & Partners, L.P. Insurance Industry Conference| RYE BROOK, N.Y.--(BUSINESS WIRE)--Sept. 16, 2003--Universal
American Financial Corp. (NASDAQ:UHCO) ("Universal American")
announced that its chairman and CEO, Richard Barasch, will present at
the Sandler O'Neill & Partners, L.P. Insurance Industry Conference
today, Tuesday, September 16, 2003 at 11:00 AM ET in New York City at
the Grand Hyatt.
Investors will be able to access the audio portion of the
presentation via the Sandler O'Neill & Partners website at
www.sandleroneill.com. ... |
| | | Aug 27, 2003 | Universal American Financial Corp. to Present at Keefe, Bruyette & Woods Insurance Industry Conference| RYE BROOK, N.Y., Aug 27, 2003 (BUSINESS WIRE) -- Universal
American Financial Corp. (NASDAQ:UHCO) ("Universal American")
announced today that its Chairman and CEO, Richard Barasch, will
present at the Keefe, Bruyette & Woods Insurance Industry Conference
on Wednesday, September 3, 2003 at 2:45 PM ET in New York City at the
Pierre Hotel.
Investors will be able to access the audio portion of the
presentation via the Keefe, Bruyette & Woods website at www.kbw.com.
To do so, click the 20... |
| | | Aug 04, 2003 | Universal American Financial Corp. Reports Record Second Quarter Results| RYE BROOK, N.Y.--(BUSINESS WIRE)--Aug. 4, 2003--Universal American
Financial Corp. (NASDAQ National Market: UHCO) ("Universal American")
today announced record results for the second quarter ended June 30,
2003.
Second Quarter 2003 Compared to Second Quarter 2002
-- Pre-tax operating income, excluding investment gains,
increased 39% to $15.4 million;
-- Net operating income, excluding investment gains, increased
34% to $10.2 million;
-- Ne... |
| | | Jul 31, 2003 | Universal American Financial Corp. Schedules Second Quarter Financial Results Release and Conference Call| RYE BROOK, N.Y.--(BUSINESS WIRE)--July 31, 2003--Universal
American Financial Corp. (NASDAQ National Market: UHCO) announced
today that it will issue its financial results for the second quarter
ended June 30, 2003 on Monday, August 4th, 2003. The results will be
released after the close of the stock market.
Universal American's management also plans to host a conference
call at 10:00 am Eastern Daylight Time on Tuesday, August 5th, 2003,
to discuss second quarter results and recent... |
| | | Jul 07, 2003 | Universal American Financial Corp. to Acquire Guarantee Reserve Life Insurance Company's Marketing Organization and Reinsure Policies| RYE BROOK, N.Y.--(BUSINESS WIRE)--July 7, 2003--Universal American
Financial Corp. (Nasdaq:UHCO) ("Universal American") today announced
that effective July 1, 2003, it has agreed with Swiss Re and its newly
acquired subsidiary, Guarantee Reserve Life Insurance Company
("Guarantee Reserve"), to acquire Guarantee Reserve's marketing
organization (including all rights to do business with its field
force), reinsure all future life insurance business and to reinsure a
portion of the existing a... |
| | | May 07, 2003 | Universal American Financial Corp. Reports First Quarter Results| RYE BROOK, N.Y.--(BUSINESS WIRE)--May 7, 2003--Universal American
Financial Corp. (NASDAQ National Market: UHCO) ("Universal American")
today announced its results for the first quarter ended March 31,
2003.
First Quarter 2003 Compared to First Quarter 2002
-- Pre-tax operating income, excluding investment gains and a
one-time non-cash charge of $1.8 million related to the
financing of the acquisition of Pyramid Life ("financing
charge"), increase... |
| | | May 02, 2003 | Universal American Financial Corp. Schedules First Quarter Financial Results Release and Conference Call| RYE BROOK, N.Y., May 2, 2003 (BUSINESS WIRE) -- Universal American
Financial Corp. (NASDAQ National Market: UHCO) announced today that it
will issue its financial results for the first quarter ended March 31,
2003 on Wednesday, May 7, 2003. The results will be released after the
close of the stock market.
Universal American's management also plans to host a conference
call at 9:30 am Eastern Daylight Time on Thursday, May 8, 2003, to
discuss first quarter results and recent corporate ... |
| | | Mar 31, 2003 | Universal American Financial Corp. Completes Acquisition of Pyramid Life| RYE BROOK, N.Y.--(BUSINESS WIRE)--March 31, 2003--Universal
American Financial Corp. (NASDAQ National Market: UHCO "Universal
American") announced that, through one of its subsidiaries, it
completed today the acquisition of Pyramid Life Insurance Company
("Pyramid Life") from Ceres Group, Inc. (NASDAQ National Market: CERG)
for $57.5 million.
Founded in 1913, Pyramid Life provides health and life insurance
products to the senior market including Medicare supplement, long-term
care, life... |
| | | Feb 20, 2003 | Universal American Financial Corp. Reports Record Fourth Quarter and Year End Results| RYE BROOK, N.Y., Feb 20, 2003 (BUSINESS WIRE) -- Universal American Financial
Corp. (Nasdaq:UHCO) ("Universal American") today announced record financial
results for the fourth quarter and year ended December 31, 2002.
Fourth Quarter 2002 Compared to Fourth Quarter 2001
-- Premiums and fees before reinsurance rose 13.4% to $149.3 million; --
Revenues, excluding investment gains rose 17.3% to $87.5 million; -- Pre-tax
operating income, excluding investment gains, grew 24.1% to $13.9 m... |
| | | Feb 13, 2003 | Universal American Financial Corp. Changes Time of Fourth Quarter 2002 Conference Call to 9:30 AM Friday, February 21st| RYE BROOK, N.Y., Feb 13, 2003 (BUSINESS WIRE) -- Universal American Financial
Corp. (NASDAQ National Market: UHCO) management will host its fourth quarter
2002 conference call at 9:30 a.m. Eastern Time on Friday, February 21st instead
of 11:00 a.m. Eastern Time.
The financial results for the fourth quarter will, as previously reported, be
released after the close of the stock market on Thursday, February 20, 2003.
To listen to the live call, please go to the Company's website at www.... |
| | | Jan 30, 2003 | Universal American Financial Corp. to Present At UBS Warburg Global Healthcare Services Conference|
RYE BROOK, N.Y.--(BUSINESS WIRE)--Jan. 30, 2003--Universal
American Financial Corp. (NASDAQ:UHCO) ("Universal American")
announced today that its Chairman and CEO, Richard Barasch, will
present at the UBS Warburg Global Healthcare Services Conference on
Wednesday, February 5, 2003 at 10:30 AM ET.
Investors will be able to access the audio portion of the
presentation via the UBS Warburg website at www.ubswarburg.com . To do
so, click the Conferences link on the low... |
| | | Jan 15, 2003 | Universal American Financial Corp. to Present at NYSSA Insurance Industry Conference|
RYE BROOK, N.Y.--(BUSINESS WIRE)--Jan. 15, 2003--Universal
American Financial Corp. (NASDAQ:UHCO) ("Universal American")
announced today that its Chairman and CEO, Richard Barasch, will
present at the New York Society of Security Analysts' Insurance
Industry Conference on Monday, January 27, 2003 at 9:50 AM ET.
The conference will take place January 27-28, 2003 at the Harvard
Club, located at 27 West 44th Street in New York City. Prospective
attendees can access regi... |
| | | Dec 23, 2002 | Universal American Financial Corp. Signs Definitive Agreement to Acquire Pyramid Life Insurance Company for $56 Million|
RYE BROOK, N.Y.--(BUSINESS WIRE)--Dec. 23, 2002--Universal
American Financial Corp. (NASDAQ National Market: UHCO) ("Universal
American") announced today that one of its subsidiaries has entered
into a definitive contract to acquire Pyramid Life Insurance Company
("Pyramid Life") from Ceres Group, Inc. (Nasdaq National Market: CERG)
for $56 million in cash.
The closing of the transaction, which is subject to regulatory
approvals and other customary conditions, is sc... |
| | | Dec 04, 2002 | CHCS Services, Inc. Announces Contract Agreement With Blue Cross and Blue Shield of Florida|
WESTON, Fla.--(BUSINESS WIRE)--Dec. 4, 2002--CHCS Services, Inc.,
a subsidiary of Universal American Financial Corp. (NASDAQ: UHCO), and
a leading administrator of senior insurance and non-insurance
products, today announced a five year contract with Blue Cross and
Blue Shield of Florida (BCBSF) for the administration of BCBSF's
long-term care products.
Effective January 1, CHCS Services will provide general policy
administration as well as case management and clai... |
| | | Nov 07, 2002 | Defense Contract Management Agency Selects CHCS Services, Inc. for Worksite Elder Care Program|
WESTON, Fla.--(BUSINESS WIRE)--Nov. 7, 2002--
Innovator In Geriatric Care Management Programs
Will Provide Elder Care Training and Counseling
CHCS Services, Inc., a subsidiary of Universal American Financial
Corp. (NASDAQ:UHCO), has been awarded a contract from the Defense
Contract Management Agency (DCMA) to perform elder care training and
counseling services for its 12,000 employees domestically and
overseas.
DCMA prov... |
| | | Nov 04, 2002 | Universal American Financial Corp. Reports Record Third Quarter Results| RYE BROOK, N.Y., Nov 4, 2002 (BUSINESS WIRE) -- Universal American Financial
Corp. (NASDAQ National Market: UHCO) ("Universal American") today announced
record operating results for the third quarter and nine months ended September
30, 2002.
Third Quarter 2002 Compared to Third Quarter 2001
-- Premiums and fees before reinsurance rose 13.8% to $145.8
million
-- Pre-tax operating income, excluding investment gains (losses)
increased 20.0% to $12.6 ... |
| | | Sep 24, 2002 | Universal American Financial Corp. Announces That A.M. Best has Placed a `Positive Outlook' On Its Rating| RYE BROOK, N.Y., Sep 24, 2002 (BUSINESS WIRE) -- Universal American Financial
Corp. (NASDAQ National Market: UHCO) ("Universal American") announced today that
A.M. Best, the insurance rating and information source, has placed a `positive
outlook' on the ratings of its insurance subsidiaries, American Pioneer Life
Insurance Company, American Progressive Life and Health Insurance Company of New
York, Pennsylvania Life Insurance Company, PennCorp Life Insurance Company
(Canada) and Constituti... |
| | | Aug 20, 2002 | Universal American Financial Corp. Names Jason Israel Chief Operating Officer of CHCS Services, Inc.| RYE BROOK, N.Y., Aug 20, 2002 (BUSINESS WIRE) -- Universal American Financial
Corp. (NASDAQ National Market: UHCO) ("Universal American") today announced that
Jason J. Israel, (50), has been appointed Chief Operating Officer of its
wholly-owned subsidiary, CHCS Services, Inc., ("CHCS"), a leading administrator
of senior insurance and non-insurance products.
Mr. Israel brings to CHCS an impressive background with over 28 years experience
in the financial services industry with significan... |
| | | Aug 07, 2002 | Universal American Financial Corp. Reports Second Quarter Results| RYE BROOK, N.Y., Aug 7, 2002 (BUSINESS WIRE) -- Universal American Financial
Corp. (NASDAQ National Market: UHCO) ("Universal American") today announced
financial results for the second quarter and six months ended June 30, 2002 (see
attached tables).
Second Quarter 2002 Compared to Second Quarter 2001
- Premiums and fees before reinsurance rose 13% to $144.2
million
- Pre-tax operating income, excluding investment gains (losses),
grew 14% to $1... |
| | | Jul 30, 2002 | Universal American Financial Corp. Schedules Second Quarter Financial Results Release and Conference Call| RYE BROOK, N.Y., Jul 30, 2002 (BUSINESS WIRE) -- Universal American Financial
Corp. (NASDAQ National Market: UHCO) announced today that it will issue its
financial results for the second quarter ended June 30, 2002 on Wednesday,
August 7th, after the close of the stock market.
Universal American's management also plans to host a conference call at 10:00
a.m. Eastern Daylight Time on Thursday, August 8th to discuss second quarter
results and recent corporate developments. To listen to th... |
| | | Jun 28, 2002 | Universal American Financial Corp. Announces WorldCom Bond Exposure| RYE BROOK, N.Y., Jun 28, 2002 (BUSINESS WIRE) -- Universal American Financial
Corp. (NASDAQ National Market: UHCO) ("Universal American") today announced that
it holds $8 million face amount of WorldCom bonds which represents less than 1%
of its investment portfolio.
While the Company expects that its net income for the second quarter of 2002
will be reduced as a result of treating these bonds as "permanently impaired"
under the provisions of FASB 115, the Company's operating performanc... |
| | | May 09, 2002 | Universal American Financial Corp. Reports First Quarter Results| RYE BROOK, N.Y., May 9, 2002 (BUSINESS WIRE) -- Universal American Financial
Corp. (NASDAQ National Market: UHCO) ("Universal American") today announced
financial results for the first quarter ended March 31, 2002.
First Quarter 2002 Compared to First Quarter 2001
- Premiums and fees before reinsurance rose 17% to $147.4
million
- Pre-tax operating income, excluding investment gains, grew 31%
to $11.5 million
- Net income from operations, excl... |
| | | May 02, 2002 | Universal American Financial Corp. Schedules First Quarter Financial Results Release and Conference Call| RYE BROOK, N.Y., May 2, 2002 (BUSINESS WIRE) -- Universal American Financial
Corp. (NASDAQ National Market:UHCO) announced today that it will issue its
financial results for the first quarter ended March 31, 2002 on Thursday, May
9th, after the close of the stock market.
Universal American's management also plans to host a conference call at 10:00
a.m. Eastern Daylight Time on Friday, May 10th to discuss first quarter results
and recent corporate developments. To listen to the live call... |
| | | Feb 21, 2002 | Universal American Financial Corp. Reports Record Year End Results| RYE BROOK, N.Y., Feb 21, 2002 (BUSINESS WIRE) -- Universal American Financial
Corp. (NASDAQ National Market: UHCO) ("Universal American") today announced
record financial results for the fourth quarter and year ended December 31,
2001.
Fourth Quarter 2001 vs. Fourth Quarter 2000
-- Premiums and fees before reinsurance rose 12% to $131.6
million
-- Pre-tax operating income grew 56% to $11.2 million
-- Net income from operations, excluding investment g... |
| | | Feb 14, 2002 | Universal American Financial Corp. Schedules Fourth Quarter Financial Results Release and Conference Call| RYE BROOK, N.Y., Feb 14, 2002 (BUSINESS WIRE) -- Universal American Financial
Corp. (NASDAQ National Market: UHCO) announced today that it will issue its
financial results for the fourth quarter and year ended December 31, 2001 on
Thursday, February 21st, after the close of the stock market.
Universal American's management also plans to host a conference call at 10:00
a.m. Eastern Time on Friday, February 22nd, to discuss fourth quarter results
and recent corporate developments. To list... |
| | | Feb 04, 2002 | Universal American Financial Corp. to Present At UBS Warburg Global Healthcare Services Conference On Thursday, February 7, 2002| RYE BROOK, N.Y., Feb 4, 2002 (BUSINESS WIRE) -- Universal American Financial
Corp. (NASDAQ:UHCO) ("Universal American") announced today that its Chairman and
CEO, Richard Barasch, will present at the UBS Warburg Global Healthcare Services
Conference on Thursday, February 7, 2002 at 9:30 AM EST.
Investors will be able to access the audio portion of the presentation via the
UBS Warburg website at www.ubswarburg.com. To do so, click the "Conference
Highlights" link on the right hand side o... |
| | | Jan 28, 2002 | Universal American Financial Corp. to Present At Upcoming Investment Conferences in New York City|
RYE BROOK, N.Y.--(BUSINESS WIRE)--Jan. 28, 2002--Universal
American Financial Corp. (NASDAQ:UHCO) ("Universal American")
announced today that its Chairman and CEO, Richard Barasch, will be
presenting at the New York Society of Security Analysts' Insurance
Industry Conference on Tuesday, January 29, 2002 at 10:45 AM EST. The
conference will take place January 28-29, 2002 at the City Athletic
Club, located at 50 West 54th Street in New York City. Prospective
attendees can access regis... |
| | | Nov 26, 2001 | Universal American Financial Corp. Acquires Assets of Living Strategies Inc.; Significantly Enlarges Universal's Elder Care Administrative Services Arm| RYE BROOK, N.Y., Nov 26, 2001 (BUSINESS WIRE) -- Universal American Financial
Corp. (NASDAQ National Market: UHCO) ("Universal American") today announced that
its wholly-owned subsidiary, CHCS Services, Inc., ("CHCS") a leading
administrator of senior insurance and non-insurance products, has acquired
assets, including certain contracts, trademarks and proprietary web-based
technology, of Living Strategies Inc., a privately held company based in Bala
Cynwyd, Pennsylvania.
Living Strate... |
| | | Nov 07, 2001 | Universal American Financial Corp. Reports Record Third Quarter Results| RYE BROOK, N.Y., Nov 7, 2001 (BUSINESS WIRE) -- Universal American Financial
Corp. (NASDAQ National Market: UHCO) ("Universal American") today announced
record financial results for the third quarter and nine months ended September
30, 2001.
Third Quarter 2001 Financial Highlights Compared to Third Quarter 2000
-- Premiums and fees before reinsurance rose 13% to $128.1
million
-- Pre-tax operating income increased 27% to $10.5 million
-- Net income ... |
| | | Nov 02, 2001 | Universal American Financial Corp. Schedules Third Quarter Financial Results Release and Conference Call| RYE BROOK, N.Y., Nov 2, 2001 (BUSINESS WIRE) -- Universal American Financial
Corp. (NASDAQ National Market: UHCO) announced today that it will issue its
financial results for the third quarter ended September 30, 2001 on Wednesday,
November 7th, after the close of the stock market.
Universal American's management also plans to host a conference call at 11:00
a.m. Eastern Time on Thursday, November 8th, to discuss third quarter results
and recent corporate developments. This conference c... |
| | | Nov 01, 2001 | Universal American Financial Corp. Announces A.M. Best Rating Upgrade| RYE BROOK, N.Y., Nov 1, 2001 (BUSINESS WIRE) -- Universal American Financial
Corp. (NASDAQ National Market: UHCO) ("Universal American") announced today that
its insurance subsidiaries, American Pioneer Life Insurance Company, American
Progressive Life and Health Insurance Company of New York, Pennsylvania Life
Insurance Company, PennCorp Life Insurance Company (Canada) and Constitution
Life Insurance Company have been upgraded to a B++ (Very Good) rating by A.M.
Best, the world's oldest a... |
| | | Sep 17, 2001 | Universal American Financial Corp. Responds to Inquiries| RYE BROOK, N.Y., Sep 17, 2001 (BUSINESS WIRE) -- Universal American Financial
Corp. (NASDAQ National Market: UHCO) ("Universal") is issuing this statement in
response to numerous inquiries it has received with respect to its exposure
following the tragic events of September 11, 2001 at New York's World Trade
Center, the Pentagon and in Pennsylvania.
The Company reported that to the best of its knowledge, it will incur no
material losses as a result of these events.
Richard Barasch, ... |
| | | Aug 22, 2001 | Universal American Financial Corp. Selected as Only Insurance Company in Fortune Magazine's List of America's 100 Fastest-growing Companies| RYE BROOK, N.Y., Aug 22, 2001 (BUSINESS WIRE) -- Universal American Financial
Corp. (NASDAQ National Market: UHCO) ("Universal") today announced that it has
been recognized by Fortune magazine as one of "America's 100 Fastest-Growing
Companies" for the second consecutive year.
Universal ranked 42nd out of 100 companies chosen for this year's list, up from
#58 in 2000, and was the only insurance company represented in both years. The
list is available now at www.fortune.com and in the Se... |
| | | Aug 20, 2001 | CHCS Services and Wellpoint Health Networks Partner in Long-Term Care| WESTON, Fla., Aug 20, 2001 (BUSINESS WIRE) -- CHCS Services, Inc., a
wholly-owned subsidiary of Universal American Financial Corp. (NASDAQ: UHCO) and
a leading administrator of senior insurance and non-insurance products, today
announced a four-year contract for the administration of Wellpoint Health
Network's Long-Term Care products in California, Illinois and Indiana.
Effective October 1st, CHCS will be performing the general policy administration
as well as case management and claim ... |
| | | Aug 13, 2001 | Universal American Financial Corp. Reports Second Quarter Results| RYE BROOK, N.Y.--(BUSINESS WIRE)--Aug. 13, 2001--Universal
American Financial Corp. (NASDAQ National Market: UHCO ``Universal
American'') today announced financial results for the second quarter
and six months ended June 30, 2001 (see attached tables).
Second Quarter 2001 Financial Highlights Compared to Second
Quarter 2000
Premiums and fees before reinsurance rose 14% to $127.6
million Net income from operations, excluding investment gains
(losses), increased 12% to $6.2 million EPS ... |
| | | Aug 08, 2001 | Universal American Financial Corp. Schedules Second Quarter Results Release and Conference Call|
RYE BROOK, N.Y.--(BUSINESS WIRE)--Aug. 8, 2001--Universal American
Financial Corp. (NASDAQ National Market:UHCO) announced today that it
will issue its financial results for the second quarter ended June 30,
2001 on Monday, August 13th, after the close of the stock market.
Universal's management also plans to host a conference call at
11:00 a.m. Eastern Time on Tuesday, August 14th, to discuss second
quarter results and recent corporate developments. This conference
call w... |
| | | Jul 26, 2001 | Universal American Financial Corp. Added to Russell 2000 and Russell 3000 Stock Indexes|
RYE BROOK, N.Y.--(BUSINESS WIRE)--July 26, 2001--Universal
American Financial Corp. (NASDAQ National Market: UHCO) ("Universal
American") today announced that it has been added to the Russell
2000(R) and Russell 3000(R) Indexes, effective July 1, 2001.
The Russell 3000(R) Index measures the performance of the 3,000
largest U.S companies based on total market capitalization. The
largest 1,000 companies in the ranking comprise the Russell 1000(R),
while the remaining 2,000 c... |
| | | Jul 26, 2001 | Universal American Financial Corp. Makes Announcement|
RYE BROOK, N.Y.--(BUSINESS WIRE)--July 26, 2001--Universal
American Financial Corp. (NASDAQ National Market: UHCO) ("Universal
American") today announced that it has discontinued efforts to
purchase certain assets of Penn Treaty American Corporation.
Notwithstanding their previously announced letter of intent, the
parties were, after extensive negotiations, unable to reach definitive
agreement.
Universal American Financial Corp. offers a portfolio of
supplementa... |
| | | Jul 13, 2001 | Universal American Financial Corp. Prices Equity Offering| RYE BROOK, N.Y., Jul 13, 2001 (BUSINESS WIRE) -- Universal American Financial
Corp. (NASDAQ National Market: UHCO) ("Universal") announced today the pricing
of its secondary public offering of a total of 7,200,000 shares of its common
stock at a price of $5.00 per share.
Of the shares, 5,000,000 shares are being offered by Universal and 2,200,000
shares are being offered by selling shareholders. Universal will receive
approximately $22.7 million in net proceeds from the offering which w... |
| | | May 31, 2001 | Universal American Financial Corp. Files Registration Statement| RYE BROOK, N.Y., May 31, 2001 (BUSINESS WIRE) -- Universal American Financial
Corp. (NASDAQ National Market: UHCO) ("Universal American") announced today that
it has filed a registration statement with the Securities and Exchange
Commission relating to a planned underwritten offer of 7 million shares of its
common stock (exclusive of over-allotment options), including approximately 1.5
million shares offered by certain selling shareholders.
The purpose of this offering is to increase... |
| | | May 15, 2001 | Universal American Financial Corp. Reports First Quarter Results|
RYE BROOK, N.Y.--(BUSINESS WIRE)--May 15, 2001--Universal American
Financial Corp. (NASDAQ National Market: UHCO) ("Universal American")
today announced financial results for the first quarter ended March
31, 2001.
2001 Financial Highlights Compared to 2000
Premiums and fees before reinsurance rose 15% to $126.2
million
Total revenues increased 8% to $76.7 million
Pre-tax operating income grew 24% to $10.9 million
Net ... |
| | | May 11, 2001 | Universal American Financial Corp. Schedules First Quarter Results and Conference Call|
RYE BROOK, N.Y.--(BUSINESS WIRE)--May 11, 2001--Universal American
Financial Corp. (NASDAQ National Market: UHCO) announced today that it
will issue its financial results for the first quarter ended March 31,
2001 on Tuesday, May 15th, after the close of the stock market.
Universal's management also plans to host a conference call at
8:30 AM Eastern Time on Wednesday, May 16th, to discuss first quarter
results and recent corporate developments. This conference call will
be... |
| | | Apr 18, 2001 | Universal American Financial Corp. Reports Signing of Letter of Intent to Acquire Certain Penn Treaty Assets|
RYE BROOK, N.Y.--(BUSINESS WIRE)--April 18, 2001--Universal
American Financial Corp. (NASDAQ National Market: UHCO) ("Universal
American") today announced that it signed a letter of intent with Penn
Treaty American Corporation (NYSE: PTA) ("Penn Treaty") to purchase
Penn Treaty's New York subsidiary, American Independent Network
Insurance Company of New York, and certain of its non-core product
lines, including Medicare Supplement, Disability and Life Insurance
coverages.
... |
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