International Business News - AGP http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Insurer Amerigroup Corp. finalized an agreement under which the company will pay $234 million to settle claims that it avoided enrolling pregnant women and sick people in Medicaid programs, the U.S. Justice Department and the attorney general of Illinois said Thursday. http://www.ibtimes.com/articles/20080814/us-says-amerigroup-settles-medicaid-case.htm Thu, 14 Aug 2008 14:15:39 EDT Insurance company Amerigroup Corp. said Tuesday it has agreed in principle to settle for $234 million a lawsuit accusing it of discriminating against pregnant women and other high-risk patients. http://www.ibtimes.com/articles/20080722/amerigroup-to-pay-about-234m-to-settle-litigation.htm Tue, 22 Jul 2008 20:52:18 EDT Principal Financial Group Inc. says it has hired a medical doctor to serve in the newly created position of chief medical officer. Dr. Naim Munir (nigh-EEM moo-NEER) will have direct oversight of all areas of medical management at the Des Moines-based retirement fund and financial services company. http://www.ibtimes.com/articles/20080721/principal-financial-hires-chief-medical-officer.htm Mon, 21 Jul 2008 14:17:21 EDT Health insurer Amerigroup Corp. said Thursday it renewed its contract with the state of Tennessee through June 30, 2009. The company said the renewal includes a rate increase for the period April 1, 2008, through June 30, 2008, as well as a rate increase for July 1, 2008, through June 30, 2009. http://www.ibtimes.com/articles/20080703/amerigroup-renews-tennessee-contract.htm Thu, 03 Jul 2008 11:19:02 EDT Patients deferring hospital procedures, the challenges facing managed care companies, and biotechnology pipelines will be among the themes discussed at the Jefferies health care conference, which begins Tuesday in New York. http://www.ibtimes.com/articles/20080623/jefferies-opens-annual-health-care-conference-tuesday.htm Mon, 23 Jun 2008 16:39:07 EDT Protesters outside a health insurance industry convention in San Francisco demanded the creation of a single-payer health care system in the United StateS. http://www.ibtimes.com/articles/20080620/health-insurance-convention-in-calif-picketed.htm Fri, 20 Jun 2008 10:28:23 EDT Shares of several managed care companies hit new multi-year lows Thursday and the entire sector ended down are Coventry Health Care Inc. cut its second-quarter and full-year earnings projections late Wednesday. http://www.ibtimes.com/articles/20080619/sector-wrap-managed-care-down-on-coventry-earnings.htm Thu, 19 Jun 2008 16:26:45 EDT Among the sector activity stories for Monday, June 16, from AP Financial News: NEW YORK (AP)--Shares of solar companies ticked higher Monday as analysts become more optimistic about prospects for global growth in demand for solar energy products. http://www.ibtimes.com/articles/20080616/sector-roundup-solar-semiconductor-stocks.htm Mon, 16 Jun 2008 17:33:29 EDT While shares of managed care companies traded down Monday amid a mixed market, two analysts said Amerigroup Corp. is poised to benefit from the recent awarding of contracts for a program that covers Florida's uninsured children. http://www.ibtimes.com/articles/20080616/sector-snap-managed-care-down-in-mixed-market.htm Mon, 16 Jun 2008 14:25:44 EDT Among the stock activity stories for Wednesday, June 11, from AP Financial News: NEW YORK (AP)--Shares of Washington Mutual Inc. slipped Wednesday, erasing gains the national bank made the previous day as broader markets declined and the banking sector fell sharply throughout the day. http://www.ibtimes.com/articles/20080611/movers-roundup-washington-mutual-amerigroup.htm Wed, 11 Jun 2008 18:46:22 EDT A Goldman Sachs analyst said Wednesday that shares of most managed-care companies are trading cheaply and could see an upswing in the near term. Analyst Michael Borsch said in a note to investors that while managed-care companies will see lower margins in 2009 through 2010, they could benefit from some near-term trends. http://www.ibtimes.com/articles/20080611/sector-wrap-health-care-companies.htm Wed, 11 Jun 2008 16:46:57 EDT Uncertainty over Amerigroup Corp. after the health insurer pulled its 2008 guidance pushed shares to their lowest point in more than two years Wednesday. http://www.ibtimes.com/articles/20080611/amerigroup-shares-plunge-over-uncertain-outlook.htm Wed, 11 Jun 2008 14:27:30 EDT Among the premarket stories for Wednesday, June 11, from AP Financial News: NEW YORK (AP)--Two analysts cut estimates on Amerigroup Corp. Wednesday, the day after the health insurer suspended its full-year profit guidance due to rate negotiations in Tennessee. http://www.ibtimes.com/articles/20080611/premarket-roundup-amerigroup-progressive.htm Wed, 11 Jun 2008 09:42:32 EDT Two analysts cut estimates on Amerigroup Corp. Wednesday, the day after the health insurer suspended its full-year profit guidance due to rate negotiations in Tennessee. http://www.ibtimes.com/articles/20080611/ahead-of-the-bell-analysts-cut-amerigroup-outlook.htm Wed, 11 Jun 2008 08:45:18 EDT Among the earnings projection stories for Tuesday, June 10, from AP Financial News: VIRGINIA BEACH, Va. (AP)--Health insurer Amerigroup Corp. said Tuesday it is suspending full-year profit guidance pending the completion of rate negotiations with the state of Tennessee. http://www.ibtimes.com/articles/20080610/outlook-roundup-amerigroup-media-general.htm Tue, 10 Jun 2008 18:20:26 EDT Health insurer Amerigroup Corp. said Tuesday it is suspending full-year profit guidance pending the completion of rate negotiations with the state of Tennessee. http://www.ibtimes.com/articles/20080610/amerigroup-suspends-outlook-pending-rate-decision.htm Tue, 10 Jun 2008 16:52:06 EDT The chairman of the Maryland Public Service Commission on Tuesday said he is returning to the private sector as a government affairs executive with the Amerigroup Corporation, adding that he believes he helped turn around a "dysfunctional agency." http://www.ibtimes.com/articles/20080610/md-regulator-returning-to-insurance-industry.htm Tue, 10 Jun 2008 15:54:33 EDT Shares of Centene Corp. rose Wednesday, as a Goldman Sachs analyst lifted his earnings estimates and price target on the Medicaid managed care provider to account for the company's latest contract win. http://www.ibtimes.com/articles/20080521/centene-shares-rise-goldman-lifts-price-target.htm Wed, 21 May 2008 17:01:39 EDT Shares of Medicade health insurers Amerigroup Corp. and Centene Corp. rose Tuesday, after a Stifel Nicolaus analyst upgraded the stocks to "Buy" from "Neutral," citing improvements in several markets and lower expected expenses for flu and upper respiratory illnesses. http://www.ibtimes.com/articles/20080429/sector-snap-stifel-upgrades-insurers-amerigroup-centene.htm Tue, 29 Apr 2008 14:42:02 EDT Shares of health insurer Amerigroup Corp. rose in morning trading Tuesday, after an analyst upgraded the stock, citing improvements in several markets and lower expected expenses for flu and upper respiratory illnesses. http://www.ibtimes.com/articles/20080429/out-of-the-gate-amerigroup-shares-rally-on-upgrade-to-buy.htm Tue, 29 Apr 2008 10:10:31 EDT