HealthSpring

    Medicare Advantage care plan


    NYSE:
    HS
    Headquarters: 9009 Carothers Parkway Building B, Suite 501, Franklin, TN 37067
    http://www.healthspring.com

    2009 Annual Revenue: $2.62 billion (a 22.4 percent increase from 2008)

    Market Cap (as of June 2010): $998.9 million

    Key Officers: Herbert A. Fritch, Chairman of the Board, Chief Executive Officer; Michael G. Mirt, President; Karey L. Witty, Chief Financial Officer, Executive Vice President

    HealthSpring, founded in 2000 and based in Nashville, is one of the country’s largest Medicare Advantage care plans. The company operates Medicare Advantage plans in Alabama, Florida, Georgia, Illinois, Mississippi, Tennessee, and Texas, as well as a national Medicare prescription drug plan. The company covers 44 million people.

    When HealthSpring partnered with physicians to focus on quality care, they saw that mammograms increased 80 percent; diabetic foot exams increased 360 percent; flu vaccines increased 246 percent; and members who were part of this model had fewer hospitalizations and emergency room visits. Participating physicians made more money, though HealthSpring spent less overall.

    Baseball Hall of Famer Willie Mays is the spokesperson for HealthSpring, and signed a five-year contract with the company in 2006.

    Sources: healthspring.com, money.cnn.com, Google Finance

    Compiled by Life Quotes, Inc. staff

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