Notable News to Watch: WellCare Health Plans (NYSE:WCG)

On Monday WellCare Health Plans (NYSE:WCG) stock price moved down at -0.6%. Its total market capitalization is $14673631557. Its day lowest price was $289.58 and its hit its day highest price at $294.26. The stock recent volume is 722247 shares in comparison to its average trading volume of 662516 shares. Looking at the stock’s price level on the past 52-week graph, WCG recorded a 52-week high of $301.06 and its 52-week low of $ISTR.

On Nov. 4, 2019, WellCare Health Plans (NYSE:WCG) declared it has signed an agreement with Owensboro Health, a nonprofit health system headquartered in Owensboro, Kentucky, to continue providing in-network coverage to WellCare’s Medicaid and Medicare Advantage members. We are excited to continue partnering with Owensboro Health, which shares our mission to improve the health of the communities we serve, said Ben Orris, COO for WellCare of Kentucky. This agreement enables WellCare to continue providing our members in Kentucky with access to high-quality care and services to help them live better, healthier lives.

Owensboro Health reaches a 15-county area, serving nearly 300,000 in Western Kentucky and Southern Indiana. WellCare is the largest provider of Medicaid coverage in the region, serving approximately 38% of enrollees in the Owensboro Health service area.

Owensboro Health understands how important WellCare is to the patients and families we serve, said Brian Hamby, director of marketing and public relations for Owensboro Health. We are extremely pleased to have reached this agreement and look forward to continuing our positive relationship with WellCare—one that helps improve the health and well-being of our local communities.

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