WellCare Health Plans Overview
- Founded
-
1985
- Status
-
Acquired/Merged
- Employees
-
14,000
- Latest Deal Type
-
M&A
- Financing Rounds
-
5
- Investments
-
19
WellCare Health Plans General Information
Description
WellCare Health Plans Inc is a managed care organization focused on government-sponsored managed care services, including Medicare and Medicaid. WellCare's membership is concentrated in Florida, Georgia, Kentucky, New York, and Illinois. Its key segments are Medicaid health plans, Medicare health plans, and Medicare prescription drug plans. Medicaid health plans represent the largest proportion of both total membership and premium revenue. The Medicaid segment generates revenue from the premiums received from the states in which health plans are offered, based on a fixed per-member per-month amount. WellCare also provides Medicare Part C and Part D benefits through its Medicare Advantage plans.
Contact Information
- P.O. Box 31370
- Tampa, FL 33631
- United States
WellCare Health Plans Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
WellCare Health Plans Comparisons
Industry
Financing
Details
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WellCare Health Plans Competitors (7)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Molina Healthcare | Corporation | Long Beach, CA | 00000 | 00000 | 00000000 | 00000 |
| 0000000 000000 | Corporate Backed or Acquired | Metairie, LA | 000 | 000000&0 | ||
| 00000 | Corporate Backed or Acquired | Hartford, CT | 00000 | 000000&0 | ||
| 000 00000000 | Formerly VC-backed | Lee's Summit, MO | 00000 | 0000 | 000000&0 | 0000 |
| 000000000000 00000 | Corporation | Minneapolis, MN | 000000 | 00000000 |
WellCare Health Plans Executive Team (63)
| Name | Title | Board Seat | Contact Info |
|---|---|---|---|
| Joshua Sloop | Chief Executive Officer | ||
| Rhonda Mims | Executive Vice President & Chief Public Affairs Officer | ||
| Timonthy Susanin | General Counsel, Legal & Secretary, Administration | ||
| Chirag Patel | Chief Medical Officer | ||
| Kenneth Burdick JD | Chief Executive Officer |
WellCare Health Plans Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
WellCare Health Plans Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
WellCare Health Plans Investments & Acquisitions (19)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 00000 (000000 | 30-Nov-2018 | 0000000000 | 00000 | Managed Care | 0000000 0 |
| 000 000 00000 | 30-Nov-2018 | 0000000000 | 00000 | Pharmaceuticals | 0000000 0 |
| 00000000 0000 | 31-Aug-2018 | 0000000000 | 00.000 | Managed Care | 0000000 0 |
| 0000000 00000 | 01-May-2017 | 000000000 | Buildings and Property | 0000000 0 | |
| Universal American | 28-Apr-2017 | Merger/Acquisition | 00000 | Managed Care | 0000000 0 |
WellCare Health Plans Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| 00000000 (0000000 | Managed Care | Greenville, SC | 0000 |
WellCare Health Plans Exits (1)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| 00000000 0000 0000 | 01-Jan-2014 | 000000000000000000 | Completed |
|