BNET Industries

HealthSpring Inc.

Market Cap:$970.8M
Last Fiscal Year Sales:$1.5B
  • Public
  • US
Dow Jones Description

HealthSpring, Inc. (the company or HealthSpring) is one of the countrys largest coordinated care plans whose primary focus is Medicare, the federal government-sponsored health insurance program for U.S. citizens aged 65 and older, qualifying disabled persons, and persons suffering from end-stage renal disease. We operate Medicare Advantage plans in Alabama, Florida, Illinois, Mississippi, Tennessee, and Texas and offer Medicare Part D prescription drug plans on a national basis. We sometimes refer to our Medicare Advantage plans, including plans providing prescription drug benefits, or MA-PD, collectively as Medicare Advantage plans and our stand-alone prescription drug plan as our PDP. For purposes of additional analysis, the company provides membership and certain financial information, including premium revenue and medical expense, for our Medicare Advantage (including MA-PD) and PDP plans.

Chief Executive Officer
Herbert A. Fritch
Number of Employees 1,728
Contact Information

44 Vantage Way Ste 300

Nashville, Tennessee 37228-1550

healthspring.co...

(615) 291-7000

NAICS Code Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers: 423450

Recent Events

  • Todays Zacks Rank Value Buy: Healthspring Inc.

    11/13/09 - Financial Announcement - View Story

  • Sanovia Selected to Deliver PA-LogicTM Pharmaceutical Prior Authorization Platform to HealthSpring

    10/21/09 - Licensing / Contract - View Story

  • BRIEF-Healthspring names Karey Witty as new CFO

    6/01/09 - Mgmt. Change Entering - CFO - View Story

  • CFOs on the Move: Week Ending June 5

    6/04/09 - Mgmt. Change Entering - Vice President - View Story

  • Karey Witty Joins HealthSpring as Chief Financial Officer

    6/01/09 - Mgmt. Change Entering - Vice President - View Story

News & Analysis

healthspring inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Herbert A. Fritch Chief Executive Officer
Michael G. Mirt President
Craig S. Schub Chief Marketing Officer
David L. Terry JR Chief Actuary
Jerry Coil Chief Operating Officer
Kevin M. McNamara Chief Financial Officer
L Jr David Senior Vice President & Chief Actuary
Pasquale R. Pingitore Senior Vice President & Chief Medical Officer
Sharad Mansukani Executive Vice President, Chief Strategy Officer
J. Murray Blackshear President, Tennessee Division & Executive Vice President
J. Gentry Barden General Counsel, Secretary & Senior Vice President
Mark A. Tulloch Senior Vice President, Pharmacy Operations
James G. Carlson Founder
Dirk O. Wales

Board of Directors

Name (plus bio) Position
Robert Z. Hensley Chair
Bruce M. Fried Board of Directors
Daniel L. Timm Board of Directors
Joseph P. Nolan Board of Directors
Martin S. Rash Board of Directors
Russell K. Mayerfeld Board of Directors
Russell K. Mayerfield Board of Directors

Organization Position Status
Texas Healthspring, Inc. Chairman of the Board of Directors, President and Chief Executive Officer Current
Healthspring of Alabama, Inc. Chairman of the Board of Directors, President and Chief Executive Officer Current
Healthspring, Inc. Chief Executive Officer Current
GTCR Golder Rauner, LLC Current
Healthspring, Inc. Chairman Current
Healthspring, Inc. President Former
PhyCor, Inc. Vice President of Managed Care Former
Carleton College B.A. In Mathematics Former

Organization Position Status
Healthspring, Inc. President Current

Organization Position Status
Healthspring, Inc. Chief Marketing Officer Current
Healthspring, Inc. Senior Vice President Current
PacifiCare Health Systems, LLC Senior Vice President of Marketing Former
California State University B.S. In Business Administration Former

Organization Position Status
Healthspring, Inc. Chief Actuary Current
Healthspring of Alabama, Inc. Senior Vice President and Chief Actuary Current
Texas Healthspring, Inc. Senior Vice President and Chief Actuary Current
Healthspring, Inc. Senior Vice President Current
Reden & Anders, Ltd. Senior Consultant Former
University of Nebraska M.S. In Actuarial Science Former
Colorado State University B.S. In Statistics Former

Organization Position Status
Texas Healthspring, Inc. Executive Vice President and Chief Operating Officer Current
Healthspring, Inc. Chief Operating Officer Current
Healthspring, Inc. Executive Vice President Current
Managed Health Network, Inc. President & CEO Former
Health Net, Inc. President Former
Health Net, Inc. Senior Vice President, Specialty Services Former
Health Net Health Plan of Oregon, Inc. Senior Vice President, Specialty Services Former
Kaiser Permanente Team Member Former

Organization Position Status
Texas Healthspring, Inc. Executive Vice President, Chief Financial Officer, and Treasurer Current
Healthspring, Inc. Chief Financial Officer Current
Abbott AG Chairman of the Audit Committee Current
Vysis, Inc. Chairman of The Audit Committee Current
COMSYS IT Partners, Inc. Board of Directors Current
Luminex Corporation Board of Directors Current
Healthspring, Inc. Treasurer Current
Tyson Foods, Inc. Board of Directors Current
Firstproxy Director Current
Goldleaf Financial Solutions, Inc. Chief Executive Officer Former
MedAvant Healthcare Solutions Interim CEO Former
MedAvant Healthcare Solutions Interim CEO Former
Luminex Corporation Board of Directors Former
University of Richmond Masters In Business Administration Former
Virginia Commonwealth University B.S. In Accounting Former

Organization Position Status
Healthspring, Inc. Senior Vice President & Chief Actuary Current

Organization Position Status
Healthspring, Inc. Senior Vice President & Chief Medical Officer Current
Healthspring, Inc. Senior Vice President Former

Organization Position Status
Healthspring, Inc. Executive Vice President, Chief Strategy Officer Current
Healthspring, Inc. Board of Directors Current

Organization Position Status
Healthspring, Inc. President, Tennessee Division & Executive Vice President Current

Organization Position Status
Healthspring, Inc. General Counsel, Secretary & Senior Vice President Current
Healthspring, Inc. Secretary Current
McDonald Investments Inc. Managing Director Former
J.C. Bradford & Co. LLC Managing Director Former
Healthspring, Inc. Corporate General Counsel Former
Brentwood Capital Advisors, LLC Board Member Former
J.C. Bradford & Co. LLC Board Member Former
The University of Texas J.D Former
The University of the South B.A Former

Organization Position Status
Healthspring, Inc. Senior Vice President, Pharmacy Operations Current
Texas Healthspring, Inc. Senior Vice President of Managed Care Operations Current
Healthspring, Inc. Board of Directors Current
Vanderbilt University M.Ed Former
Belmont University M.B.A Former
Middle Tennessee State University B.S Former

Mr. Carlson, age 56, has been one of our Directors since 2007. Mr. Carlson has been our President and Chief Executive Officer since September 1, 2007, and Chairman of the Board since May 8, 2008. Prior to that, he served as our President and Chief Operating Officer from 2005. Previously, he served as an Executive Vice President of UnitedHealth Group and President of its UnitedHealthcare business unit, which served more than 10 million members in HMO and PPO plans nationwide. Mr. Carlson also serves on the Board of Directors of the National Kidney Foundation, Morningside College and the Health Sector Advisory Council of Duke University s Fuqua School of Business, in addition to numerous community charitable organizations. On May 8, 2008, Mr. Carlson was re-elected as a Director of the Company for a three-year term that expires in 2011.

Organization Position Status
Amerigroup Maryland, Inc. Chairman, President and Chief Executive Officer Current
Amerigroup Maryland, Inc. Chairman, Chief Executive, Officer and President Current
Healthspring, Inc. Founder Current
Workscape Inc. Co-Founder Current
America's Health Insurance Plans Board of Directors Current
Morningside College Board of Directors Current
Workscape Inc. CEO Former
Amerigroup Corporation Chief Operating Officer Former
UnitedHealth Group Incorporated Executive Vice President Former
Workscape Inc. Board Director Former
Rider University Degree Former

Organization Position Status
Healthspring, Inc. Current

Mr. Hensley has served as a director since November 2006. Mr. Hensley served from 1990 to 2002 as an audit partner and, from 1997 to 2002, as office managing partner, for the Nashville office of Arthur Andersen LLP. From 2002 to 2003, he was an audit partner in the Nashville office of Ernst & Young LLP. He currently serves on the boards of directors, compensation committees and audit committees of HealthSpring, Inc., Advocat, Inc. and Spheris, Inc.

Organization Position Status
COMSYS IT Partners, Inc. Chairman Current
Healthspring, Inc. Chair Current
Texas Healthspring, Inc. Board of Directors Current
Advocat, Inc. Director Current
Capella Healthcare Board of Directors Current
COMSYS IT Partners, Inc. Director Current
The University of Tennessee Master of Accountancy Degree Former
The University of Tennessee B.S. In Accounting Former

Organization Position Status
Health Technology Center Ex Officio Director Current
Texas Healthspring, Inc. Board of Directors Current
Healthtech, Inc. Board of Directors Current
Healthspring, Inc. Board of Directors Current
Fidelis Securecare, Inc Director Current
Sonnenschein Nath & Rosenthal Llp Partner Former
Health Care Financing Administration Director Former
University of Florida Levin College of Law J.D Former
University of Florida B.A Former

Organization Position Status
GTCR Golder Rauner, LLC Portfolio Principal Current
Accretive Solutions Incorporated Board Director Current
Verifone, Inc. Board Director Current
Wallace Theaters Board Director Current
NCP Solutions Inc. Board Director Current
NES Rentals Holdings, Inc. Board of Directors Current
HomeBanc Corp. Board of Directors Current
Healthspring, Inc. Board of Directors Current
University of Chicago MBA Former
University of Illinois BS Former

Organization Position Status
Compbenefits Direct, Inc Senior Principal at the Chicago Current
Aps Healthcare, Inc. Operator Current
GTCR Golder Rauner, LLC Current
Student Transportation of America, Inc. Director Current
Healthspring of Alabama, Inc. Board of Directors Current
Heritage Golf Group, LLC Director Current
Alliant Resources Group, Inc. Director Current
Compbenefits Direct, Inc Board of Directors Current
Student Transportation Inc. Director Current
CompBenefits Corp. Board of Directors Current
Healthspring, Inc. Board of Directors Current
Texas Healthspring, Inc. Board of Directors Current
Aps Healthcare, Inc. Director Current
Dean Witter Reynolds Vice President Former
Accretive Solutions Incorporated Former
University of Chicago M.B.A. Former
University of Illinois B.S. In Accountancy Former

Organization Position Status
nTelagent, Inc. Board of Directors Current
Healthspring, Inc. Board of Directors Current
Texas Healthspring, Inc. Board of Directors Current
Community Health Systems, Inc. Chief Executive Officer Former
Community Health Systems, Inc. Chief Operating Officer Former
Community Health Systems, Inc. Executive Vice President Former
Healthspring, Inc. Chair of the Compensation Committee Former
The Province Chairman of the Board of Directors Former
Middle Tennessee State University M.B.A. Former
Middle Tennessee State University B.S. In Accounting Former

Organization Position Status
Texas Healthspring, Inc. Board of Directors Current
Healthspring of Alabama, Inc. Board of Directors Current
Healthspring, Inc. Board of Directors Current
Reassure America Life Insurance Company Director Current
Fremont Investment & Loan Director Current
Dean Witter Reynolds Senior Vice President Former
Dean Witter Reynolds Managing Director Former
UBS Warburg Managing Director Former
Dean Witter Reynolds MD, Investment Banking Former
UBS Warburg MD, Investment Banking Former
Healthspring, Inc. Chair of the Nominating and Corporate Governance Committee Former
Fremont General Corporation Board of Directors Former
Harvard University M.B.A. Former
University of Illinois B.S. In Accountancy Former

Organization Position Status
Healthspring, Inc. Board of Directors Current

Executive News

  • Eric Zorn's response: A new symbol in the health-care reform wrangle -- The bulging brown wallet

    Chicago Tribune - 8/19/09 - View Story

  • A new symbol in the health-care reform wrangle: The bulging brown wallet

    Chicago Tribune - 8/19/09 - View Story

  • Industry Veterans Rash and Rutledge Launch RegionalCare Hospital Partners to Acquire and Operate Hospitals in Non-Urban Markets

    TickerTech.com - 7/16/09 - View Story

  • Industry Veterans Rash and Rutledge Launch RegionalCare Hospital Partners to Acquire...

    Reuters - 7/15/09 - View Story

  • Industry Veterans Rash and Rutledge Launch RegionalCare Hospital Partners to Acquire and Operate Hospitals in Non-Urban Markets

    Street Insider - 7/15/09 - View Story

  • Prior Province execs team on venture

    Nashville Business Journal - 7/15/09 - View Story

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     HS $16.86 +0.91 (5.71% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 433,011
Shares Outstanding 57.58M
Market Cap 970.9M
Year High 20.36
Year Low 4.27
Earnings Per Share 2.24
P/E Ratio 7.53
Dividend N/A
Yield N/A
IndustryTop Rated
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