Health Net Reports Second Quarter 2014 Gaap Net Income Of $120.9 million, Or $1.49 Per Diluted Share – Yahoo Finance

Days claims payable (DCP) for the second quarter of 2014 was 49.0days compared with 42.1days in the second quarter of 2013 and 43.2days in the first quarter of 2014. On an adjusted1 basis, DCP for the second quarter of 2014 was 64.4days compared with 58.4days in the second quarter of 2013 and 63.1days in the first quarter of 2014. The companys debt-to-total capital ratio was 21.5percent as of June30, 2014 compared with 22.9percent as of March31, 2014 and 25.6percent as of June30, 2013. CASH FLOW FROM OPERATIONS Operating cash flow was negative $13.8million in the second quarter of 2014 because the company did not http://alexsimring.blogspot.com/ receive approximately $300million of expected Medicaid payments in the second quarter. We received approximately $262million in June Medi-Cal payments on July 28, 2014, said JosephCapezza, Health Nets chief financial officer. We now have received all June payments. The company noted that cash at the parent was approximately $200.4million at June 30, 2014. STOCK REPURCHASE UPDATE Health Net did not repurchase any shares of its common stock in the second quarter of 2014 as it was evaluating its scale issues. At June30, 2014, approximately $280million of authorization under the companys existing $400million stock repurchase program remained.
http://finance.yahoo.com/news/health-net-reports-second-quarter-123000240.html

WHO: Ebola outbreak in West Africa global emergency – CNN.com

Members of Doctors Without Borders carry a dead body in Gueckedou on Friday, April 1.

The U.S. Embassy is in the capital of Monrovia — one of the areas hardest-hit by the epidemic. Washington said it’s sending experts to Liberia, including 12 specialists from the Centers for Disease Control and Prevention, and a 13-member disaster assistance response team from the United States Agency for International Development. Map: Ebola outbreak Map: Ebola outbreak The United States is no stranger to the deadly virus. Two Americans who were in Liberia are undergoing treatment at Emory University Hospital in Atlanta: doctor Kent Brantly and Nancy Writebol. Emory is one of four U.S. institutions capable of providing such treatment. The Ebola virus causes hemorrhagic fever that affects multiple organ systems in the body. Early symptoms include weakness, muscle pain, headaches and a sore throat.
WHO: Ebola outbreak in West Africa global emergency – CNN.com

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