At 福利视频, we don鈥檛 just embrace the future; we take the lead.

Our core beliefs have positioned us to take bold steps forward鈥攖hrough new technologies and innovations鈥攚hile always remaining true to our purpose of transforming the health of the community, one person at a time.

In 2018, 福利视频 achieved strong results across our business segments, reflecting the strength of our diversification strategy and our portfolio approach.

- Michael F. Neidorff, Chairman & Chief Executive Officer

IN TOTAL REVENUES
OPERATING CASH FLOW
DILUTED EARNINGS PER SHARE
ADJUSTED DILUTED EARNINGS PER SHARE

2018 financial highlights chart.

2018 financial highlights graph.

2018 Quarterly Highlights

JANUARY

  • 福利视频鈥檚 New Mexico subsidiary, Western Sky Community Care, is awarded the statewide contract for the Centennial Care 2.0 Program. The program provides integrated Medicaid managed care coverage to nearly 700,000 Medicaid members.

FEBRUARY

  • 福利视频 signs a definitive agreement to acquire MHM Services, Inc., a national provider of healthcare and staffing services to correctional systems and other government agencies.

MARCH

  • 福利视频 announces it has agreed to acquire Community Medical Holdings Corp., a leading at-risk primary care provider, serving over 70,000 Medicaid, Medicare Advantage, and Health Insurance Marketplace program patients in Miami-Dade County, Florida.
  • 福利视频 makes an initial investment in RxAdvance, a full-service pharmacy benefit manager. The partnership includes both a customer relationship and strategic investment in RxAdvance.

MAY

  • Centurion Detention Health Services, a 福利视频 subsidiary, is selected by the Pima County Arizona Board of Supervisors to provide comprehensive healthcare services to detainees of the county鈥檚 adult and juvenile detention facilities in Tucson, Arizona.
  • 福利视频鈥檚 Iowa subsidiary, Iowa Total Care, is tentatively awarded a statewide contract for the IA Health Link Program, which provides integrated Medicaid managed care coverage to over 600,000 Medicaid members in the state. Pending regulatory approval, the contract is expected to commence on July 1, 2019.
  • Coordinated Care, 福利视频鈥檚 subsidiary in Washington state, is chosen to provide managed care services to Apple Health鈥檚 Integrated Managed Care Medicaid beneficiaries in the King, Pierce, North Sound, Greater Columbia, and North Central Regional Service Areas.

JUNE

  • 福利视频 announces a partnership with the National Council on Independent Living on an initiative to increase the accessibility of provider medical offices and services for people with disabilities. 福利视频鈥檚 Provider Accessibility Initiative launches the company鈥檚 Barrier Removal Fund in three pilot states, Illinois, Texas and Ohio, as well as educational and compliance components that will be implemented in all 福利视频 markets nationwide.
  • 福利视频鈥檚 Kansas subsidiary, Sunflower Health Plan, is chosen to provide managed care services to KanCare beneficiaries statewide. KanCare provides medical and behavioral health benefits, as well as long-term services and supports, to approximately 400,000 members.

JULY

  • 福利视频 completes its acquisition of Fidelis Care, expanding 福利视频鈥檚 national leadership in government-sponsored healthcare and giving 福利视频 a presence in New York, the country鈥檚 second largest managed care state by membership.
  • Health Net Federal Services, a 福利视频 subsidiary, is awarded the next generation Military & Family Life Counseling Program contract through its MHN Government Services (MHNGS) company. Under the contract, MHNGS will deploy highly skilled and licensed behavioral health counselors on assignments throughout the United States, U.S. territories, and countries where the U.S. military is deployed.
  • 福利视频 and Ascension, the nation鈥檚 largest Catholic and nonprofit health system, announce they will explore a joint venture to establish a leading Medicare Advantage plan. The plan is expected to be implemented in multiple geographic markets beginning in 2020.

AUGUST

  • Centurion Detention Health Services is selected to provide comprehensive healthcare services to detainees of Volusia County鈥檚 detention facilities located near Daytona, Florida.

OCTOBER

  • Centurion Detention Health Services is selected to provide comprehensive healthcare services to detainees at the Metropolitan Detention Center in Albuquerque, New Mexico.
  • 福利视频鈥檚 Arizona subsidiary, Health Net Access, begins providing physical and behavioral healthcare services through the Arizona Health Care Cost Containment System Complete Care program in the central and southern regions.

DECEMBER

  • 福利视频鈥檚 Mississippi subsidiary, Magnolia Health, completes implementation of a transformative pharmacy benefit management model using RxAdvance鈥檚 Collaborative PBM Cloud鈩 platform, covering 240,000 Mississippi Medicaid members.
  • 福利视频鈥檚 Florida subsidiary, Sunshine Health, begins providing physical and behavioral healthcare services through Florida鈥檚 Statewide Medicaid Managed Care Program under its new five-year contract, which was implemented for all 11 regions by February 2019.
  • 福利视频 Corporation, which owns 50% of the Ribera Salud Group in Spain, announces it has purchased Sanitas鈥 and Asisa鈥檚 stake of the Torrej贸n Salud company, concessionaire of the University Hospital of Torrej贸n de Ardoz in Madrid. With this transaction, 福利视频 owns 89% of the University Hospital, and Ribera Salud will assume management of the center.

Products & Services

2018 map of 福利视频 products.

2018 map of 福利视频 products.

Providing the Best Possible Care with Cutting-Edge Technology

福利视频 has long leveraged innovative ideas to shape how healthcare is provided. That innovative spirit extends to technology, where 福利视频 is using the latest tools to develop new methods of improving healthcare outcomes.

female and male clinician look at computer screen in healthcare setting.

Leveraging technology to improve health outcomes: By analyzing 12 million medical data points in less than a minute, Interpreta can identify physiological or laboratory changes that could signal trouble.

To better help the underserved, 福利视频 utilizes cutting-edge technology to analyze crucial healthcare data and turn it into meaningful results for our members.

Developing complex algorithms through machine learning to better predict human behavior means that we can proactively deliver specialized programs and targeted interventions to populations most in need. Our powerful analytics engine, Interpreta, uses a robust database that can reveal which segments of the population are more susceptible to important health concerns. TruCare is our case management system for critically ill members who need more comprehensive management. And through our relationship with the pharmacy benefit manager RxAdvance, providers will be able to identify potential lower-cost drug options within therapeutic categories. Our investment in the latest technology allows us to move beyond simply responding to illness and enhances our ability to help our members take charge of their health.

Our continued investments in new technology have significantly enhanced our ability to scale, coordinate, and deliver care. While we embrace technological progress, we never lose sight of our purpose: transforming the health of the community, one person at a time.听听

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Improving Access to Care

patient and physician have discussion in hospital.

From the beginning, 福利视频 has believed in removing barriers that may prevent our members from accessing quality healthcare. For those living with disabilities, physical barriers may serve as literal obstacles, deterring them from receiving the care they deserve. 福利视频鈥檚 partnership with the National Council on Independent Living aims to change that.听

2018 Accreditations & Awards

  • Ranked No. 61 on FORTUNE庐 500 List (2018):
    福利视频 ranked No. 61 on the 2018 FORTUNE 500庐 list of largest U.S. corporations by revenue, up from No. 66 in 2017. Since first entering the list in 2010, 福利视频 has climbed 425 spots.
  • Ranked No. 210 on FORTUNE庐 Global 500 List (2018):
    福利视频 ranked No. 210 on the 2018 FORTUNE Global 500庐 list of the world鈥檚 largest corporations by revenue. 福利视频 first appeared on the list in 2016 at No. 470.
  • Gender-Equality Index:
    福利视频 is listed on Bloomberg鈥檚 2019 Gender-Equality Index for our strong dedication to gender equality and the advancement of women in the workplace.
  • FORTUNE World鈥檚 Most Admired Companies:
    In 2018, 福利视频 was selected as one of FORTUNE World鈥檚 Most Admired Companies, a recognition chosen by healthcare industry executives, directors, and analysts asked to rate enterprises in their own industry on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent.
  • Disability Equality:
    福利视频 was again recognized as a top employer by the American Association of People with Disabilities (AAPD).
  • Patriot Award:
    福利视频 received the Patriot Award from the Office of the Secretary of Defense in recognition of our company鈥檚 support of the National Guard, Reserve Forces, and their families.

福利视频 continues to gain national recognition for growth and innovation, as well as for our commitment to diversity and inclusion.听
See our current Accreditations & Awards

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Board of Directors

福利视频 Board of Directors in 2018

福利视频鈥檚 Board of Directors provides exceptional business and healthcare insight that has helped shape our corporate culture of accountability, ethics, and integrity.听