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STRATUM

HEALTH NET INC

HEALTH NET INC
CIK 0000916085 · Hospital & Medical Service Plans
Net margin
0.9%
as of 2015-12-31
Revenue YoY growth
7.4%
as of 2015-12-31
Disclosure completeness
3 / 10

Categories of dependency expected for this filer that were actually found stated in Risk Factors / MD&A.

Provenance: HEALTH NET INC’s most recent Revenue
$4,036,400,000
Filing
0000916085-16-000020 (10-K)
Period
2015-10-01 to 2015-12-31
XBRL tag
us-gaap:Revenues
Context
FD2015Q4QTD
Mapping
seed · confidence 1.00
View the filed document ↗
What the filing says drives results

Extracted from Risk Factors / MD&A, checked verbatim against the source text before being stored.

REGULATORY COMPLIANCEItem 1A Risk Factors

The Merger is expected to close in the first quarter of 2016, subject to the receipt of the remaining required regulatory approvals and satisfaction or waiver of other closing conditions.

MACROECONOMIC DEMANDItem 1A Risk Factors

In addition, we believe that economic pressures have caused customers (both individuals and employer groups) increasingly to make health insurance purchasing decisions based on “value versus choice.”

SUPPLY CHAINItem 1A Risk Factors

In addition, approximately 71% of our Medicare, 78% of our Medicaid and all of our dual eligibles businesses are linked to capitated provider groups.

CUSTOMER CONCENTRATIONItem 1A Risk Factors

As of December 31, 2015, 995,562 of our Medi-Cal members resided in Los Angeles County, representing approximately 55% of our Medi-Cal membership.

CUSTOMER CONCENTRATIONItem 1A Risk Factors

We are the sole commercial plan contractor with DHCS to provide Medi-Cal services in Los Angeles County, California.

CUSTOMER CONCENTRATIONItem 1A Risk Factors

As a result, our agreement to provide Medi-Cal services in Los Angeles County is currently scheduled to expire by its terms on March 31, 2019.

REGULATORY COMPLIANCEItem 1A Risk Factors

Both Arizona and California are amongst the states that have opted into this “Medicaid expansion,” which has increased and is expected to continue to increase our Medicaid membership.

REGULATORY COMPLIANCEItem 1A Risk Factors

The methodology and measures included in the Star Ratings system can be modified by CMS annually and Star Ratings thresholds are based on performance of Medicare Advantage plans nationally.