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| Date | Title | | | 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... |
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