August 2, 1996
Comprehensive Care Corp., a health-care provider specializing in chronic and catastrophic diseases, said it signed three new managed-care contracts that are expected to generate a total of about $7 million in annual revenue. The contracts are with Community Choice of Michigan, and StayWell and Wellcare health maintenance organizations in Florida.
March 21, 1996 |
The price of PacifiCare Health Systems Inc. stock dropped 8.9% Wednesday after the company said its earnings for the second quarter would fall below analysts' estimates. David Erickson, the health insurer's manager of investor relations, said the company now expects to earn about $1 a share for the period ending March 31, 8 cents below analysts' average estimates. The company's common stock dropped $8 a share to $82 as 410,000 shares changed hands in Nasdaq trading.