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Linda Latman
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DateTitle 
Dec 01, 2006Universal 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... 
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Nov 15, 2006Universal 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... 
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Nov 13, 2006Universal 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... 
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Nov 03, 2006Universal 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 ... 
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Nov 01, 2006Universal 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 ... 
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Oct 25, 2006Universal 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.... 
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Oct 16, 2006Universal 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 ... 
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Oct 09, 2006Universal 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... 
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Oct 09, 2006Universal 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... 
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Sep 01, 2006Universal 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 ... 
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Aug 31, 2006Universal 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.... 
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Aug 01, 2006Universal 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... 
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Jul 20, 2006Universal 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... 
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Jun 12, 2006Universal 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... 
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May 16, 2006Universal 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... 
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May 08, 2006Universal 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 ... 
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Apr 13, 2006Universal 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... 
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Apr 03, 2006Universal 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... 
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Mar 30, 2006Barry 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 ... 
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Mar 08, 2006Universal 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... 
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Mar 02, 2006Universal 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... 
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Mar 01, 2006Universal 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... 
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Feb 13, 2006Universal 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 ... 
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Feb 06, 2006Universal 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 ... 
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Jan 06, 2006Universal 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... 
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