BNET Industries
Metropolitan Health Networks Inc. (MDF) is in the Health Care Industry
- Revenue
- Dec 31 2007
- $277.5M
- Profit
- Dec 31 2007
- $5.9M
- Market Cap
- Dec 03 2008
- $71.8M
Latest News and Analysis
Metropolitan Health Networks, Inc. Q4 2007 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question will be from the line of Bob Leatherman [ph] of Hissup and Mammoth [ph]. Please proceed. Michael Earley Hi, Bob. Operator Bob, your line is open now. Bob Leatherman – Hissup and Mammoth Can you hear now? Michael Earley...
Metropolitan Health Networks to Donate $50,000 to the Greater Palm Beach Area Red Cross; Disaster Relief Efforts Bolstered by Metropolitan Contribution
WEST PALM BEACH, Fla. -- The Greater Palm Beach Area Red Cross will be presented today with a $50,000 contribution by Metropolitan Health Networks, Inc. (OTCBB: MDPA) ("Metcare") to support continuing disaster relief efforts in the wake of hurricanes Frances and Jeanne. The check presentation will take place at...
Metropolitan Health Networks, Inc. and PRIMUS Physician Services, Inc. Terminate Acquisition Plans
BOCA RATON, Fla.--BUSINESS WIRE--Oct. 16, 1998--Metropolitan Health Networks, Inc. (Nasdaq:MDPA) Metropolitan and PRIMUS Physician Services, Inc. of Miami, announced today that the parties have jointly decided to no longer pursue an acquisition of Primus by METCARE, as announced on August 19, 1998. Headquartered in Boca Raton, Metropolitan Health Networks,...
Metropolitan Health Networks, Inc. to Acquire Musculoskeletal Multi-Physician Practice
BOCA RATON, Fla.--BUSINESS WIRE--Sept. 12, 1997--Metropolitan Health Networks, Inc. (NASDAQ:MDPA) Metropolitan has executed a letter of intent to acquire the Institute for Non-Surgical Orthopedics of Weston, Fla., Noel J. Guillama, president and chief executive officer of Metropolitan, announced today. "With the acquisition of the Institute for Non-Surgical...
Additional Resources
Metcare of Florida Scores High Marks in DSS Research Survey on Patient Satisfaction
Of Over 2000 Respondents, 95% Would Recommend Their Metcare Doctor to Family and Friends WEST PALM BEACH, Fla. -- Metropolitan Health Networks, Inc. (AMEX:MDF) and Metcare of Florida, Inc., Metropolitan's wholly owned provider service network or PSN ("Metcare"), a provider of high quality, comprehensive healthcare services to people...
Metropolitan Health Networks Reports 2008 Third Quarter Results
Company Completes Sale of HMO and Transition of HMO Members to PSN Business WEST PALM BEACH, Fla. -- Metropolitan Health Networks, Inc. (AMEX:MDF), a leading provider of healthcare services in Florida, today announced financial results for the quarter and nine months ended September 30, 2008. Highlights for the...
Humana and Metropolitan Health Networks Announce Availability of Patient Centered Medical Homes to Humana Medicare Advantage Members
Program Pioneers a State-of-the-Art Health Care Delivery System for Medicare Patients LOUISVILLE, Ky. -- Humana (NYSE: HUM) and Metcare of Florida, Inc., a wholly-owned subsidiary of Metropolitan Health Networks, Inc. (AMEX: MDF), today announced the establishment of patient centered medical homes for Humana Medicare Advantage members in nine...
Metropolitan Health Networks to Announce Third Quarter 2008 Results
Company to Host Conference Call on November 4, 2008 at 11:00 a.m. Eastern WEST PALM BEACH, Fla. -- Metropolitan Health Networks, Inc. (AMEX:MDF) a provider of high quality, comprehensive healthcare services to patients in South and Central Florida, today announced that the company's senior management will discuss Metropolitan's...
Metropolitan Health Networks Announces Share Repurchase Program
WEST PALM BEACH, Fla. -- Metropolitan Health Networks, Inc. ("Metropolitan") (AMEX:MDF), a provider of high quality, comprehensive healthcare services to patients in Florida, today announced that its board of directors has authorized the repurchase of up to 10 million shares of the company's outstanding common stock. "This repurchase...
Metropolitan Health Networks Well-Positioned to Assist with Humana's Assumption of Failed Health Plan's Membership
Assignment of MD Medicare Choice Plan Membership to Humana by CMS Places Significant Portion of Membership in Markets Served by Metropolitan's PSN WEST PALM BEACH, Fla. -- Metropolitan Health Networks, Inc. ("Metropolitan") (AMEX:MDF) a provider of high quality, comprehensive healthcare services to patients across Florida, today responded to...
Metropolitan Health Networks Amends Agreement With Humana To Expand Florida PSN Service Area
New Counties to Include Orlando and Jacksonville Markets WEST PALM BEACH, Fla., Sept. 4 /PRNewswire-FirstCall/ -- Metropolitan Health Networks, Inc. ("Metropolitan") a provider of high quality, comprehensive healthcare services to patients in South and Central Florida, today announced that its wholly owned provider service network PSN...
Metropolitan Health Networks Names Jose A. Guethon, MD, MBA as President and Chief Operating Officer
WEST PALM BEACH, Fla., Sept. 3 /PRNewswire-FirstCall/ -- Metropolitan Health Networks, Inc. ("Metropolitan") a provider of high quality, comprehensive healthcare services to patients in South and Central Florida, today announced the promotion of Jose A. Guethon, M.D., the company's current President of its provider service network PSN, to...
Humana Completes Acquisition of Metcare Health Plans, Inc
LOUISVILLE, Ky. -- Humana Inc. (NYSE: HUM) today announced it has completed the purchase of Metcare Health Plans, Inc. ("MHP"), a wholly owned subsidiary of Metropolitan Health Networks, Inc. ("Metropolitan") (AMEX: MDF) -- based in West Palm Beach, Florida -- for approximately $14 million. The transaction has received regulatory approvals...
Metcare of Florida Deploys Informed Decisions' eMPOWERx E-Prescribing Patient Care System
TAMPA, Fla. -- Informed Decisions, LLC, a leading developer of drug information applications and clinical information solutions, and Metcare of Florida, Inc., a wholly owned subsidiary of Metropolitan Health Networks, Inc. (AMEX: MDF), have entered an agreement to deploy eMPOWERx, Informed Decisions' electronic prescribing and patient care system, to physicians...
Metropolitan Health Networks Provides Preliminary Positive Results for Second Quarter 2008
Mid-Year Risk Adjustment Payments for 2008 Expected to Result in Increased Revenues and Earnings WEST PALM BEACH, Fla. -- Metropolitan Health Networks, Inc. (AMEX: MDF), a leading provider of healthcare services to Medicare beneficiaries in Florida, today announced preliminary summary financial results for the second quarter and six...
Metropolitan Health Networks to Announce Second Quarter 2008 Results
Company to Host Conference Call on August 5, 2008 at 11:00 a.m. Eastern WEST PALM BEACH, Fla. -- Metropolitan Health Networks, Inc. (AMEX:MDF) a provider of high quality, comprehensive healthcare services to patients in South and Central Florida, today announced that the company's senior management will discuss Metropolitan's...
Humana Announces Intent to Acquire Metcare Health Plans, Inc
Metropolitan Health Networks, Inc. to Continue Managing Members Through New Provider Service Agreement LOUISVILLE, Ky. -- Humana Inc. (NYSE: HUM) today announced it has signed a definitive agreement to purchase Metcare Health Plans, Inc. ("MHP"), a wholly owned subsidiary of Metropolitan Health Networks, Inc. ("Metropolitan") (AMEX: MDF) -...
*Revised* Analyst Reports for Metropolitan Health Networks Inc., GeoGlobal Resources Inc., BMB Munai Inc., and Rentech Inc.
MaybachFinancial.com is one of the fastest growingindependent and unbiased research firms in the world. Through our numerouspartnerships with many of the top investment minds in the world, we provideresearch on companies making a move in the markets. Investors seekinggenuine analyst opinions on their investments for Metropolitan HealthNetworks Inc. (AMEX: MDF),...
Metropolitan Health Networks Reports 2008 First Quarter Results
HMO Revenue Increases 66% Over Same Quarter Last Year as Membership and Improving MER Performance Narrow Segment Loss - PSN Business Delivers Lower Profitability Resulting From Increased Medical Expense Ratio WEST PALM BEACH, Fla. -- Metropolitan Health Networks, Inc. (AMEX:MDF), a leading provider of healthcare services in Florida,...
Metropolitan Health Networks to Announce First Quarter 2008 Results
Company to Host Conference Call on May 6, 2008 at 11:00 a.m. Eastern WEST PALM BEACH, Fla. -- Metropolitan Health Networks, Inc. (AMEX:MDF), a provider of high quality, comprehensive healthcare services to patients in South and Central Florida, today announced that the company's senior management will discuss Metropolitan's...
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- Incorporated: 1996
- CEO: Mr. Michael M. Earley
- Employees: 199
Metropolitan Health Networks operates two main businesses in Florida, a provider service network (PSN) that provides and arranges for medical care mainly to Humana, Inc. customers and its health maintenance organization (HMO), which provides healthcare benefits to Medicare beneficiaries. Co.'s PSN and HMO operations focus on individuals covered by Medicare, the national, federally-administered health insurance program. In addition, Co.'s HMO operates in 12 Florida counties where it markets its AdvantageCare branded health plans. As of Dec 31 2006, the PSN and the HMO provided healthcare benefits to approximately 25,600 and approximately 3,800 Medicare Advantage beneficiaries, respectively.
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Metropolitan Health Networks Inc. Company Info
Board of Directors
Mr. Michael M. Earley
Chairman
Mr. David A. Florman
Dr. Martin W. Harrison M.D.
Mr. Eric Haskell CPA
Mr. Karl M. Sachs CPA
Mr. Robert E. Shields
Mr. Barry T. Zeman
Contact Information
250 Australian Avenue South
Suite 400
West Palm Beach, FL
561 805-8500